Comments by "Helen Trope" (@heliotropezzz333) on "Will the election solve the Brexit crisis? | Question Time - BBC" video.

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  2.  @fatfat1877  Explanation: We'll be down the plughole if we try leaving without a deal just on WTO terms. No country in the world trades just on WTO terms because in trading terms it's the 4th division. They all want deals with a big trading block which is the premier division which is where we are now. It's a bit of a myth that the EU controls us. There are some rules of membership but 99% of what the UK spends is determined by the UK government. So what happens if we go to no deal WTO terms? We have to then set a tariff for trading with the world and under WTO terms it has to be the same tariff for everyone we trade with in the same goods. If we set a tariff that will push prices up for UK consumers and we'll be worse off. If we set a zero tariff (possible under the rules) our farming and manufacturing won't be able to compete with cheap imports from countries where workers have no rights and are paid pennies an hour so our farming and manufacturing industries will be destroyed. Don't just take my word for it. Patrick Minford, an economist who is for a hard Brexit says the same about the future of British farming and manufacturing. It will affect other economic sectors also. Wealthy people like ex stockbroker Farage and Jacob Rees Mogg will be raking it in because WTO rules do not regulate financial systems and they will be even more free to squirrel away their profits to tax havens around the world. Also over 80% of our exports are services and 49% of those are to the EU. The day we hard Brexit, those services with lose their 'passport' rights to European EU countries, which is why businesses are talking about moving their headquarters to the Europe. The very people who want Brexit because they are suffering under the present government's austerity programme, will be stuffed even more under no deal Brexit. None of this was explained before the Referendum by a campaign that wasn't even talking about a no deal Brexit. As for getting trade deals, as a member of the EU, we have over 40 trade deals that will no longer apply the day we go out on no deal and there are only a handful lined up to replace them. Trade deals take years to negotiate because they are complex covering everything traded between countries. Trump is protectionist and the US is a larger economy than ours, and if we want a trade deal with the USA it will be very much on his terms, as he doesn't need to deal. His negotiators have already said they want access to NHS funding for their corporations as part of the deal and for us to take their farming products like chlorine washed chicken and hormone fed beef - practices currently banned by the EU. China and Russia are not our friends and in any case they don't allow countries to export freely to theirs. They are protectionist. Asian countries have each other to trade with nearby. The only thing India wants from us is more visas for people to come here. Other countries won't make up for the loss of the big trading area on our doorstep (the EU). The way out of our problems is to vote for a party that will do something about inequality in the UK and protect jobs and trade, and that's not the Tories or the Brexit party. Farage has stated he is for replacing the NHS with an insurance based market system. He is for taking restrictions off the sale of handguns and he has other right wing policies too. If we set a zero tariff, that would be zero for EU trade also, except as outsiders the EU would be placing a tariff on us (could be 40%). That would make us uncompetitive in trading with the EU. You can't just count the cost of trading with the EU in terms of our subscriptions. You have to count the benefits to the economy too and the health and welfare of people to get the whole picture.
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  7.  @fatfat1877  They won't allow us tariff free trade if we're not in the EU. We'd need to be at least in a customs union with the EU which the Tories don't want to be. You make the mistake of thinking that when we're out of the club the EU will allow us to have the privileges of being in the club - like tariff free trade. They won't because others would want to leave if they could get the benefits of being in the EU while not being in it. We'll have to negotiate a deal with them which could take years (deals generally do) and we'll be up against experienced and skillful trade negotiators of the EU while we'll have no experienced trade deal negotiators. What could possibly go wrong? Boris has already given away £7bn of British taxpayers money, lodged in the EU bank, in order to get his current agreement. That's not been publicised. In the meantime, the EU will place tariffs on our exports to the EU making them uncompetitive. We'll have to decide what tariffs to levy on imports. Any tariff will push up prices for British consumers. If we choose to place zero tariffs, it would destroy British industry and agriculture sectors. Also over 80% of our exports are 'services' and about 49% of those are to the EU. The day we leave the EU on hard Brexit terms (no deal) those services would lose their 'passport' to the EU. It saddens me so much that there's so much misunderstanding that I have to console myself by watching videos like this https://www.youtube.com/watch?v=zeoT66v4EHg&list=FLGGEn5ziDGQqNRr1m3pwHBg&index=3&t=0s
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  15.  @fatfat1877  You don't seem to understand that there are certain consequences of Brexit. It's not the EU choosing to be difficult. It's that you've left a club with privileges. You are not longer paying the fee to be in that club so you no longer get the privileges. I direct you to a very pro hard Brexit economist that Jacob Rees Mogg says 'is always right' - Patrick Minford, and even he admits that a hard Brexit will destroy British manufacturing and agriculture but he does not care about that because other aspects of a hard Brexit matter to him more. We are no longer in the 18th century. World trade is no much more globalised and we no longer have an Empire to exploit. Trade is never entirely free. Countries are protectionist, and want to gain an advantage. There are trade offs and compromise that have to be made. Trade with the rest of the world is no more 'moral' than trade with the EU. Mark Rutte, the Netherlands P.M has said that no one of significance in the EU is now pushing for greater Union. WTO rules mean that if you place tariffs on the EU for certain goods, for instance, you have to place the same tariffs on those goods for all countries you trade with. If you place no tariffs, you have to have no tariffs on those goods for all countries you trade with. If Britain seeks to break the rules, it will be a treated as a pariah in world trade by many countries who won't want to deal with us, and won't feel they have to either. The US and China have to come to some arrangement because they are dependent on each other in many ways. That's not true of a small country like the UK and we'll be even smaller if Scotland goes independent and stays in the EU. You are naive about what's possible - just like Boris who lost so many votes in Parliament when he sought to ignore the rules. He could probably have got his deal through. It had been approved but he pulled it back. Why? Because what he really wants is to crash out with a no deal which would suit his rich backers more. Do you know that financial speculators are making millions and stand to make millions more, after a hard Brexit from betting against UK economic performance. It's a practice called 'shorting'. Also may of his rich tax avoiding backers want to avoid tighter rules being introduced by the EU to prevent offshore tax avoidance and money laundering. There's no benefit to the average or ordinary person from Brexit. The Tories' success is that they've persuaded so many people that there will be some benefit.
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  16.  @fatfat1877  Yes the EU has trade deals with nations but these deals took many years to agree. We will lose those deals the moment we leave the EU and it will take years to replace them if we ever can. Other countries prefer deals with a big trading block like the EU rather than with small countries outside of the EU, as we will be. When we are competitors of the EU we won't be competing on a level playing field. They will be the existing and preferred deal partner for many nations outside of the EU - not Britain. The EU is protectionist but not against those countries within the EU. It's protectionist against those outside of the EU. That's the whole point of the EU to protect living standards and other standards including human rights and workers rights. (( Treated as a pariah by who? Do you really think foriegn nations will care about a trade conflict between the EU and UK? )) You miss the point here. Nations won't want to deal with a trading partner who doesn't observe any trade rules or agreements and may undercut them or switch trading partners at a moment's notice ((they wont, especially if they have tariff free access to the UK))You miss the point again. If they have free tariff access to the UK, British Industry and Agriculture will die off. Also if they have free tariff access then we'll have to give that to the EU also under WTO rules but the EU will be able to apply tariffs to us under those same rules. If we don't abide by the rules, the EU, the largest consumer trade area on our doorstep will simply not trade with us but will get their imports from elsewhere such as Ireland or Scotland, if Scotland joins the EU after voting for independence, or from elsewhere inside the EU. When the UK car industry fails there will be plenty of German cars for the EU to buy instead.
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