Would You Back A Second Referendum

[Bobbisox1]

I would not and if one was implemented I won’t vote again, there’s calls for another one, what happened to democracy ?

[jim360]

Perhaps strictly a tangent but it's clearly related. You describe the UK as a net contributor. That is in reference to the EU budget, which has nothing to do with trade. We also run a trade deficit, it is true, but the phrase "net contributor" refers to the EU budget, as shown by your link.

Nobody is arguing that the EU and UK will stop trading, either. What is at issue is the smoothness of that trade. A No Deal exit, by definition, disrupts that smoothness, by reducing the volume of possible trade (owing to increased requirement for paperwork, etc), and by changing prices (owing to tariffs).

[naomi24]

I'm no longer sure what you are arguing, Jim. You're flip-flopping around again.

[Spicerack]

Give it up, jim. You've lost.

[jim360]

I should think what I was arguing was perfectly clear, Naomi. No Deal exit damages our trading relationship with the EU. That is going to make the UK materially worse off.

I am also arguing that you are talking about two separate things: trade with the EU, and the EU budget.

[jim360]

And, just to add, with respect to the EU Budget, we are a net contributor, but our total contribution to that budget from leaving is currently not changing as a result of these delays.

[naomi24]

Take heart, Jim. We are not about to meet Armageddon.

[jim360]

Thanks for the comfort, Naomi, although there is a long way between where we are now and Armageddon. I don't think anyone can take seriously the claim that the UK will be destroyed by No Deal, but it will be damaged.

[naomi24]

If so, it will repair. As I said, take heart.

[Rockrose]

yes yes yes yes yessssssss