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So the UK is finished says Theresa Mayhem

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2 hours ago, mojomonkey said:

Interesting, as that's my hometown I am particularly interested in developments at Nissan. What are these other investments you talk of?

New Juke and Qashqai models.  They actually said that the fall in diesel sales is the primary reason for the X-trail decision. The market has collapsed. The Brexit stuff is a convenient excuse for Nissan and the froth around it is useful cannon fodder for the credulous Europhile peanut gallery.

https://www.theguardian.com/business/2019/feb/03/falling-diesel-sales-more-than-brexit-behind-nissans-x-trail-decision

Edited by woolley

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1 hour ago, Freggyragh said:

The French government has a 15% stake in Renault, and Renault owns 43% of Nissan. Nissan is the largest car producer in the US, and 6th largest in the world. To say it is a Japanese company is misleading. It's fiercely, proudly Japanese

It is a global company, but its business model is Japanese. Many smaller sub-contractors compete to make specific components and the 45 factories around the world in the Nissan -Renault -Mitsubishi Alliance compete to assemble the parts. Nissan Sunderland has been particularly successful over the years because the local EU sponsored college has done a good job of training the workforce, the area has a long industrial tradition and the U.K. was Japan’s favoured gateway to the EU. EU sponsored with UK taxpayers' money.

To be fair, from my time working for one of their suppliers, I think the ‘just-in-time’ issue isn’t as serious at Nissan as it is with Ford and Honda. I’ve heard people say Nissan only had capacity on site for half a day’s supplies, but - storage space in the North East is cheap and they’ve always had to factor in delays as most of their imports and exports rely on the weather in the North Sea. Quite true.

However, if there are any tariffs on either the imported components or the export of finished vehicles the Sunderland plant simply wouldn’t be able to absorb the costs. There are tens of thousands of British workers who work for companies that supply components to Nissan who would have been banking on Sunderland getting to produce the new models, because they’re worried about future sales to EU based factories - but the vast majority of components, even the paints, are produced outside the U.K.

A WTO only exit guarantees tariffs, which would kill production. May’s deal would effect the costs and quality of education and training, make recruitment from abroad less attractive and slow up deliveries - but probably be worked around. However, two crucial factors make investment in Britain extremely problematic. There will be a deal. It's in nobody's interest for their not to be.

1. Britain is knowingly and happily going to take a financial hit for a generation and doesn’t care how that will effect domestic demand (40% of Nissan’s output is aimed at the UK market).  Speculation. I think that once this nonsense is water under the bridge, the UK economy will fly. We don't know so let us wait and see.

2. The UK’s political leadership lives in cloud cuckoo land, cannot be predicted to act in the best interests of its own people, only in the interests of political parties and careers. (Even if you still believe in Brexit you have to see that the way it has been handled is making investment in the country impossibly risky). It hasn't been the best, I agree. Not confined to only UK politicians, of course.

So maybe doc.fixit doesn’t know what’ll happen either way, but the IMF and the U.K. Government have made detailed impact assessments and here is a company that invested billions in the North East of England clearly prepared to write it off rather than hope Rees-Mogg invents an electronic border sometime before the end of March.  Er, no. They have simply stopped a new model for which projected demand from 2 years ago has collapsed by half. Those reliable projections that you chaps are so fond of. They are continuing their investment for the Juke and Qashqai.

 

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On 2/2/2019 at 1:09 AM, Freggyragh said:

Yeah. Facts are the EU has ruled it’s a colony. The rest of Europe is signed up to protect the status quo, but thanks to some very expensive impending tax bills for some very, very rich people, a lot of money has been spent on convincing you and your fellow travellers that the status quo isn’t as good as an economic, cultural and strategic catastrophe. Baaa. 

 

On 2/2/2019 at 1:25 AM, Non-Believer said:

Indeed. I don't suppose that the advent of the European Anti-Tax Avoidance Directive would only have been at the back of one or two of Brexit proponent's minds would it, Jacob and Boris?

Just think about what you are saying here. You would prefer to have the taxation policy of the country in the hands of a pan-continental, foreign bureaucracy than in the hands of the elected government of the UK. That is quite unbelievable. It is however consistent with a belief in a United States of Europe. Perhaps this is what you really advocate?

Cultural and strategic catastrophe? Surely this is just a humble and innocuous trading bloc.

Edited by woolley

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Hey Woolster, take a tip from me - concentrate on the alleged collapse of the deisel market re Nissan and ignore all the other fallout from brexit.

Oh hang on - you already have.....

Well "PHEW" for that!

Come off it Woolster. All the central planks of brexit like "sovereignty", "taking back control",  "immigration" etc etc have all been so soundly and roundly debunked it's only bigotry that's keeping the whole, shambolic circus afloat. That and the tory party riven by self-interest and putting themselves before country as per...

It comes to something when the French feel sorry for us.....

 

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On 2/2/2019 at 11:42 AM, P.K. said:

 “Such a contrast between EU negotiator Sabine Weyand – fluent, detail rich, serious, knowledgeable – and the succession of defiantly ignorant Tory MPs spouting their slogans”

One thing I am thankful for is that the EU take the GFA a great deal more seriously than our own brexiteers....

She's a bean counting apparatchik. They're politicians. There is bound to be a contrast. Why would you compare them?

Nobody DOESN'T take the GFA seriously. The GFA says nothing about the nature of the border anyway.

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1 minute ago, woolley said:

She's a bean counting apparatchik. They're politicians. There is bound to be a contrast. Why would you compare them?

Nobody DOESN'T take the GFA seriously. The GFA says nothing about the nature of the border anyway.

Thought you had learnt your lesson. Apparently not. There are none so blind....

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3 minutes ago, P.K. said:

Hey Woolster, take a tip from me - concentrate on the alleged collapse of the deisel market re Nissan and ignore all the other fallout from brexit.

Oh hang on - you already have.....

Well "PHEW" for that!

Come off it Woolster. All the central planks of brexit like "sovereignty", "taking back control",  "immigration" etc etc have all been so soundly and roundly debunked it's only bigotry that's keeping the whole, shambolic circus afloat. That and the tory party riven by self-interest and putting themselves before country as per...

It comes to something when the French feel sorry for us.....

 

You'll believe anything. You have not debunked anything about sovereignty. Ever. The French would do better sorting out their own problems.

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8 minutes ago, woolley said:

Just think about what you are saying here. You would prefer to have the taxation policy of the country in the hands of a pan-continental, foreign bureaucracy than in the hands of the elected government of the UK. That is quite unbelievable. It is however consistent with a belief in a United States of Europe. Perhaps this is what you really advocate?

Cultural and strategic catastrophe? Surely this is just a humble and innocuous trading bloc.

As a sovereign nation we set our own fiscal policy, foreign policy, criminal justice acts etc etc. It's called "sovereignty"....

Europol are a major force for good.

There are a lot of tax dodgers that need an international effort to make them pay their dues.

Just think Hamilton and his fucking jet. Think the tax loss was worth an aircraft registry plus making the place out as a tax pariah en route...?

You need to re-think your priorities....

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5 minutes ago, P.K. said:

 

Europol are a major force for good.

There are a lot of tax dodgers that need an international effort to make them pay their dues.

 

Agree. We don't need the EU for those. Just sovereign nations acting together in agreement. Not by compulsion under "EU Law" which overrides national laws.

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26 minutes ago, woolley said:

Agree. We don't need the EU for those. Just sovereign nations acting together in agreement. Not by compulsion under "EU Law" which overrides national laws.

That the democratically elected HoC voted for.

Face it.

The whole Brexit campaign with it's lies and falsehoods is a busted flush.

All that's left is damage limitation....

Edited by P.K.
Typo

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I'm afraid you are beyond redemption, PK. The superstate has got you.

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17 minutes ago, woolley said:

I'm afraid you are beyond redemption, PK. The superstate has got you.

And you've run out of "debating" points.

Like your "cheerleaders" Farage, Gove and Johnson....

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2 hours ago, woolley said:

 

Just think about what you are saying here. You would prefer to have the taxation policy of the country in the hands of a pan-continental, foreign bureaucracy than in the hands of the elected government of the UK. That is quite unbelievable. It is however consistent with a belief in a United States of Europe. Perhaps this is what you really advocate?

Cultural and strategic catastrophe? Surely this is just a humble and innocuous trading bloc.

No. That’s not what I want at all. Don’t shoot the messenger. I’d be quite happy for the whole EU to be signed up to respecting the U.K.’s territorial claims and committed to protecting those claims in so far as each state’s sovereign constitution allows in accordance with the Nice Declaration. 

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8 hours ago, P.K. said:

Hey              , take a tip from me 

 

Now that really is funny:lol:

  • Haha 1

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