UK ponders dumping Europe. (52)
Iuchi_ZienSheffield, South Yorkshire, England UK21 Threads 9 Polls 1,426 PostsAnd how do we compete with the low cost wages of east Asia? The Indian and Chinese work force are becoming more educated with every generation. So what can we make that can compete with the east Asian manufacturers?
------ This thread is Archived ------
Iuchi_Zien: And how do we compete with the low cost wages of east Asia? The Indian and Chinese work force are becoming more educated with every generation. So what can we make that can compete with the east Asian manufacturers?
To quote the chairman of BMW..wages have little to do with it. Its the process of manufacture that counts.
------ This thread is Archived ------
Iuchi_Zien: And how do we compete with the low cost wages of east Asia? The Indian and Chinese work force are becoming more educated with every generation. So what can we make that can compete with the east Asian manufacturers?
We already have an engineering sector crying out for people at a time of mass unemployment, which illustrates my point. Although, this is largely high-tech and isn't competing with the sweatshops.
We need to tailor protectionism to protect what remains of our edge and also to cut out sweatshop imports - make our own kettles, toasters and bicycles - in order to create a higher price and therefore higher wage real, domestic economy which would have the added bonus of driving down consumption and discouraging waste in a world of climate change and dwindling natural resources.
------ This thread is Archived ------
------ This thread is Archived ------
Obstinance_Works: We already have an engineering sector crying out for people at a time of mass unemployment, which illustrates my point. Although, this is largely high-tech and isn't competing with the sweatshops.
We need to tailor protectionism to protect what remains of our edge and also to cut out sweatshop imports - make our own kettles, toasters and bicycles - in order to create a higher price and therefore higher wage real, domestic economy which would have the added bonus of driving down consumption and discouraging waste in a world of climate change and dwindling natural resources.
We need to tailor protectionism to protect what remains of our edge and also to cut out sweatshop imports - make our own kettles, toasters and bicycles - in order to create a higher price and therefore higher wage real, domestic economy which would have the added bonus of driving down consumption and discouraging waste in a world of climate change and dwindling natural resources.
Protectionism, like they did in Japan in the 70's? Protectionism harms rather than protects. So we put import tariffs on Chinese goods, and they retaliate, who wins? not us. Regarding engineering, they are looking for well educated, probably university educated, and want to pay peanuts. You only get monkeys when you pay peanuts. When foreign companies are syphoning off our best educated people with offers to pay off student loans, pay more than most UK companies would dream of offering, we are on a downward spiral. A friend of mine did civil engineering, specialising in nuclear power plant engineering. One of those areas engineering businesses are crying out for graduate engineers. She was offered a starting salary of £35K and if she remained in their employ for 12 months her student loan payed off. By a British firm? not a chance, by EDF. She now lives in a subsidised flat with a company car, in France.
------ This thread is Archived ------
Uk has to show of by saying they want (will) leave UE... but thats all...
The consequences are so high for UK, as Phillip Souta Business for New Europe put in his article -"The impact on British business. The argument is often put forward that the UK is a net contributor to the EU (equivalent to roughly £750 per household each year) and therefore makes us worse-off financially. That contribution gives us access to £11 trillion worth of economic activity and free trade which has generated around £3,300 per British household per year over the last 30 years. If we were to leave, we would no longer have unfettered access to the largest market in the world, and one that is on our doorstep. For the foreseeable future, approximately half of Britain’s trade will be with Europe" -
Blaming the EU is an easy way out. Leaving it would be bad for Britain
"New trading partners can’t replace Europe. Meanwhile, Britain’s trading partnership with other large economies such as China and India will not prevent economic degradation. Both offer great opportunities, and while our current trade with these countries is large, it is much less than that which exists between Germany and China. Our trading potential with these economies is therefore greatly bolstered by coordinating with other EU members, and our negotiating position in any free trade talks is strengthened.
Other EU countries faced with the same EU rules are much better at exporting to emerging markets than we are. Germany’s exports to such economies have roughly doubled over the last ten years. If they can do it, why can’t we? Blaming the UK’s poor export performance on the EU is an easy out; there is no reason to believe it would be cured by leaving the EU."
what does UK want?..be like Norway?... no, cant be.. the monetary/fiscal system is different, and UK needs the EU more than Norway does. ...so just show off for crappy politics.... and more newspaper and TV debates with pseudo commentators, and real people suffering.
The consequences are so high for UK, as Phillip Souta Business for New Europe put in his article -"The impact on British business. The argument is often put forward that the UK is a net contributor to the EU (equivalent to roughly £750 per household each year) and therefore makes us worse-off financially. That contribution gives us access to £11 trillion worth of economic activity and free trade which has generated around £3,300 per British household per year over the last 30 years. If we were to leave, we would no longer have unfettered access to the largest market in the world, and one that is on our doorstep. For the foreseeable future, approximately half of Britain’s trade will be with Europe" -
Blaming the EU is an easy way out. Leaving it would be bad for Britain
"New trading partners can’t replace Europe. Meanwhile, Britain’s trading partnership with other large economies such as China and India will not prevent economic degradation. Both offer great opportunities, and while our current trade with these countries is large, it is much less than that which exists between Germany and China. Our trading potential with these economies is therefore greatly bolstered by coordinating with other EU members, and our negotiating position in any free trade talks is strengthened.
Other EU countries faced with the same EU rules are much better at exporting to emerging markets than we are. Germany’s exports to such economies have roughly doubled over the last ten years. If they can do it, why can’t we? Blaming the UK’s poor export performance on the EU is an easy out; there is no reason to believe it would be cured by leaving the EU."
what does UK want?..be like Norway?... no, cant be.. the monetary/fiscal system is different, and UK needs the EU more than Norway does. ...so just show off for crappy politics.... and more newspaper and TV debates with pseudo commentators, and real people suffering.
------ This thread is Archived ------
Bogart_1960: Uk has to show of by saying they want (will) leave UE... but thats all...
The consequences are so high for UK, as Phillip Souta Business for New Europe put in his article -"The impact on British business. The argument is often put forward that the UK is a net contributor to the EU (equivalent to roughly £750 per household each year) and therefore makes us worse-off financially. That contribution gives us access to £11 trillion worth of economic activity and free trade which has generated around £3,300 per British household per year over the last 30 years. If we were to leave, we would no longer have unfettered access to the largest market in the world, and one that is on our doorstep. For the foreseeable future, approximately half of Britain’s trade will be with Europe" -
Blaming the EU is an easy way out. Leaving it would be bad for Britain
"New trading partners can’t replace Europe. Meanwhile, Britain’s trading partnership with other large economies such as China and India will not prevent economic degradation. Both offer great opportunities, and while our current trade with these countries is large, it is much less than that which exists between Germany and China. Our trading potential with these economies is therefore greatly bolstered by coordinating with other EU members, and our negotiating position in any free trade talks is strengthened.
Other EU countries faced with the same EU rules are much better at exporting to emerging markets than we are. Germany’s exports to such economies have roughly doubled over the last ten years. If they can do it, why can’t we? Blaming the UK’s poor export performance on the EU is an easy out; there is no reason to believe it would be cured by leaving the EU."
what does UK want?..be like Norway?... no, cant be.. the monetary/fiscal system is different, and UK needs the EU more than Norway does. ...so just show off for crappy politics.... and more newspaper and TV debates with pseudo commentators, and real people suffering.
The consequences are so high for UK, as Phillip Souta Business for New Europe put in his article -"The impact on British business. The argument is often put forward that the UK is a net contributor to the EU (equivalent to roughly £750 per household each year) and therefore makes us worse-off financially. That contribution gives us access to £11 trillion worth of economic activity and free trade which has generated around £3,300 per British household per year over the last 30 years. If we were to leave, we would no longer have unfettered access to the largest market in the world, and one that is on our doorstep. For the foreseeable future, approximately half of Britain’s trade will be with Europe" -
Blaming the EU is an easy way out. Leaving it would be bad for Britain
"New trading partners can’t replace Europe. Meanwhile, Britain’s trading partnership with other large economies such as China and India will not prevent economic degradation. Both offer great opportunities, and while our current trade with these countries is large, it is much less than that which exists between Germany and China. Our trading potential with these economies is therefore greatly bolstered by coordinating with other EU members, and our negotiating position in any free trade talks is strengthened.
Other EU countries faced with the same EU rules are much better at exporting to emerging markets than we are. Germany’s exports to such economies have roughly doubled over the last ten years. If they can do it, why can’t we? Blaming the UK’s poor export performance on the EU is an easy out; there is no reason to believe it would be cured by leaving the EU."
what does UK want?..be like Norway?... no, cant be.. the monetary/fiscal system is different, and UK needs the EU more than Norway does. ...so just show off for crappy politics.... and more newspaper and TV debates with pseudo commentators, and real people suffering.
Sorry but this argument doesn't hold water, the fact is the UK is a major financial contributor to the EU and gets almost nothing back in return now thanks to B.Lair. and the truth is that the EU needs the UK's market, BMW for example sell more cars in the UK than any other member country, so, they are going to stop selling just because the UK left the market? of course not, and why would the other member states stop buying from the UK? to spite them?? If Germany tried to place import duties on UK goods, BMW and all the other big manufacturers would soon be up in arms, as they would lose their best customer.
By leaving, the UK can sell to the world easily and in fact, would be allowed to open up far more lucrative contracts, that for now are forbidden.
Had we dumped sterling and joined the Euro it would be very different, but as the UK has its own monetary system, leaving the market can only bring positive effects to the country as a whole
------ This thread is Archived ------
rizlared: Sorry but this argument doesn't hold water, the fact is the UK is a major financial contributor to the EU and gets almost nothing back in return now thanks to B.Lair. and the truth is that the EU needs the UK's market, BMW for example sell more cars in the UK than any other member country, so, they are going to stop selling just because the UK left the market? of course not, and why would the other member states stop buying from the UK? to spite them?? If Germany tried to place import duties on UK goods, BMW and all the other big manufacturers would soon be up in arms, as they would lose their best customer.
By leaving, the UK can sell to the world easily and in fact, would be allowed to open up far more lucrative contracts, that for now are forbidden.
Had we dumped sterling and joined the Euro it would be very different, but as the UK has its own monetary system, leaving the market can only bring positive effects to the country as a whole
By leaving, the UK can sell to the world easily and in fact, would be allowed to open up far more lucrative contracts, that for now are forbidden.
Had we dumped sterling and joined the Euro it would be very different, but as the UK has its own monetary system, leaving the market can only bring positive effects to the country as a whole
------ This thread is Archived ------
rizlared: Sorry but this argument doesn't hold water, the fact is the UK is a major financial contributor to the EU and gets almost nothing back in return now thanks to B.Lair. and the truth is that the EU needs the UK's market, BMW for example sell more cars in the UK than any other member country, so, they are going to stop selling just because the UK left the market? of course not, and why would the other member states stop buying from the UK? to spite them?? If Germany tried to place import duties on UK goods, BMW and all the other big manufacturers would soon be up in arms, as they would lose their best customer.
By leaving, the UK can sell to the world easily and in fact, would be allowed to open up far more lucrative contracts, that for now are forbidden.
Had we dumped sterling and joined the Euro it would be very different, but as the UK has its own monetary system, leaving the market can only bring positive effects to the country as a whole
By leaving, the UK can sell to the world easily and in fact, would be allowed to open up far more lucrative contracts, that for now are forbidden.
Had we dumped sterling and joined the Euro it would be very different, but as the UK has its own monetary system, leaving the market can only bring positive effects to the country as a whole
opinions, I do respect yours.... but review your economics.. selling bmw in UK, jobs, taxes, etc.... germany does not depends of UK..The latest figures show that only 37% of German imports and exports were with other euro member states, down from more than 45%. but if you go to BRics like India and China now account about 10% of German exports. UK only sell 5% of its exports to these economies, and France doesn't do much better at 6%.
"Exports in Germany increased to 94.60 EUR Billion in March of 2013 from 88.60 EUR Billion in February of 2013. Exports in Germany is reported by the German Federal Statistical Office. Historically, from 1991 until 2013, Germany Exports averaged 55.06 EUR Billion reaching an all time high of 98.80 EUR Billion in March of 2012 and a record low of 23.40 EUR Billion in January of 1993. The German economy is heavily export-oriented. Germany main exports are cars (18 percent of total exports) and machinery except cars (15 percent). Others include: chemical products, hardware and electronic devices, metals and pharmaceuticals. Germany sells about 40 percent of its products to the euro area and 60 percent to the wider European Union. Others include: United States, China, Switzerland and Russia. This page includes a chart with historical data for Germany Exports."
UK import more than export. UK are customers of the EU.... etc.. etc..But for pride, well why not saying "alone and proud to be !!"
------ This thread is Archived ------
United Kingdom Exports
Exports in the United Kingdom increased to 41316 GBP Million in March of 2013 from 39936 GBP Million in February of 2013. Exports in the United Kingdom is reported by the UK Office for National Statistics. Historically, from 1955 until 2013, the United Kingdom Exports averaged 20061.77 GBP Million reaching an all time high of 41812 GBP Million in October of 2011 and a record low of 962 GBP Million in June of 1955. 85 percent of U.K. exports are manufactured products. Within this category the most important are: Transport Equipment (16 percent); Chemical Products (10 percent of total exports); Machinery and Equipment (9 percent); Computer, Electronic and Optical Products (8 percent); Pharmaceutical Products (8 percent); Refined Petroleum Products (7 percent) and Basic Metals (6 percent). Main export partners are United States (13 percent) and Euro Area countries with Germany, Netherlands, France, Ireland, Belgium, Italy and Spain accounting for more than 40 percent of total exports. This page includes a chart with historical data for the United Kingdom Exports.
Exports in the United Kingdom increased to 41316 GBP Million in March of 2013 from 39936 GBP Million in February of 2013. Exports in the United Kingdom is reported by the UK Office for National Statistics. Historically, from 1955 until 2013, the United Kingdom Exports averaged 20061.77 GBP Million reaching an all time high of 41812 GBP Million in October of 2011 and a record low of 962 GBP Million in June of 1955. 85 percent of U.K. exports are manufactured products. Within this category the most important are: Transport Equipment (16 percent); Chemical Products (10 percent of total exports); Machinery and Equipment (9 percent); Computer, Electronic and Optical Products (8 percent); Pharmaceutical Products (8 percent); Refined Petroleum Products (7 percent) and Basic Metals (6 percent). Main export partners are United States (13 percent) and Euro Area countries with Germany, Netherlands, France, Ireland, Belgium, Italy and Spain accounting for more than 40 percent of total exports. This page includes a chart with historical data for the United Kingdom Exports.
------ This thread is Archived ------
Iuchi_Zien: Re-industrialisation isn't really the answer. every UK worker's daily pay would pay for ten, twenty, thirty Chinese, or even Indian workers daily pay. We threw our reputation for quality down the bin in the 70's. Now we trade on our history, Rolls Royce, Jaguar, etc. We used to have the best educational system in the world, an education system which brought millions, if not billions into the country and helped subsidise our own students education, we've thrown that away as well. What we are left with is a service industry and unemployment.
This inspired me to think - Costa Rica is taking huge loans from China (just like the US) - Maybe the UK should to?
------ This thread is Archived ------
PJ1961: This inspired me to think - Costa Rica is taking huge loans from China (just like the US) - Maybe the UK should to?
Based upon this comment I assume economics isn't one of your strong points?
------ This thread is Archived ------
This Thread is Archived
This Thread is archived, so you will no longer be able to post to it. Threads get archived automatically when they are older than 3 months.
« Go back to All Threads
« Go back to All Threads
More Threads
the way you look
More Proof The GOP is a Criminal Organization
men's perspective towards women
The weird and the random facts around the world
I'm a 53 YEAR'S YUNG MAN that lives back in the 80s
Kultur-multur
Why is this shameful?
your favorite topic?
Would you hire this guy - for any job?
Democrats destroyed America
More Threads
Report threads that break rules, are offensive, or contain fighting. Staff may not be aware of the forum abuse, and cannot do anything about it unless you tell us about it. click to report forum abuse »
If one of the comments is offensive, please report the comment instead (there is a link in each comment to report it).
If one of the comments is offensive, please report the comment instead (there is a link in each comment to report it).
Related Forums
- the way you look
- More Proof The GOP is a Criminal Organization
- men's perspective towards women
- The weird and the random facts around the world
- I'm a 53 YEAR'S YUNG MAN that lives back in the 80s
- Kultur-multur
- Why is this shameful?
- your favorite topic?
- Would you hire this guy - for any job?
- Democrats destroyed America