Massive price increases after brexit

EdgeCase

Ireland : 1.00% Agriculture 38.20% Industrial 60.70% services
UK : 0.60% Agriculture 19.00% industrial 80.40% services.

Agriculture at primary level is tiny as a % of GDP. It just has a lot of significance in rural jobs and so on.

They're significantly less industrial and more services based than we are.

4068ac1elhodqr

EdgeCase wrote: »

Ireland : 1.00% Agriculture 38.20% Industrial 60.70% services
UK : 0.60% Agriculture 19.00% industrial 80.40% services.

Agriculture at primary level is tiny as a % of GDP. It just has a lot of significance in rural jobs and so on.

They're significantly less industrial and more services based than we are.

Not sure where you got the figures, or if they're specific export percentages. Ire Agriculture at 1% seems peculiar. 38% Industrial?

Essentially the uk is the 8th largest manufacturer by total goods output in the world, and according to EEF, UK manufacturing currently:

- employs 2.6 million people
- contributes 11% of GVA
- accounts for 44% of total exports
- represents 70% of business research and development (R&D)
- provides 13% of business investment (Dyson just got handed £29m)

If you take Pharma out of the Ire equation, not sure if there is much significant 'manufacturing' as such.

Of course the nature of 'manufacturing' is always changing (inc classifications such as digtal software).

But only have to look at Aerospace, Automotive, Defence, Electronics, Plastics, Steel, Textiles etc to realise they 'make a fair bit of stuff', and have a better chance at self-reliance than many other states.

www.bored.ie

mad muffin wrote: »

And what about the bbc?! Has anyone thought about what will happen when we won’t be able to watch the bbc?! :eek::mad::(

Fire me?......I made the BBC

EdgeCase

They're as % of GDP and all of the same kinda of odd distortions apply there too.
I mean take look at Sky's piece on the gold trading industry. They're classifying gold bullion passing through as exports and due to the high value they actually dramatically distorted their goods export figures.

https://news.sky.com/video/the-great-british-gold-export-illusion-11057800

fxotoole

realitykeeper wrote: »

Doctors and nurses do not bring money into the country, they are a liability we are paying far far far too much for.

So not only do you want to establish a communist utopia where everyone is paid the same **** wage, and slave labour is rife, you also want to rip the guts out of the health service because of those pesky high paid bourgeois capatlist pigs doctors

fxotoole

realitykeeper wrote: »

Unskilled immigration would stop and yes working abroad would offer greater opportunities than it does now, both of which are good things.

As mentioned, Rwanda is assembling vehicles even though all the parts have to be trucked over bad roads into the interior.

The average Rwandese worker earns only about $5 per day. Are there any vehicle assembly plants in Ireland at present?

Rwanda is hardly the model economy we should striving to be.

Billy86

You're arguing with someone who wants the Magdelene Laundries brought back because they think Ireland was in better economic shape before the mid-90s when we were under Catholic rule. They literally made a thread claiming that the country turning it's back on religion may be to blame for national debt increases over the last 30 years. Just for a bit of context.

Grayson

Don't know if this has been mentioned

https://www.irishtimes.com/business/energy-and-resources/no-deal-brexit-could-result-in-blackouts-in-the-north-leaked-documents-reveal-1.3643478

Northern Ireland faces blackouts and drastic electricity price rises in the event of a no-deal Brexit, leaked British government documents reveal.

The North would likely be cut off from electricity supplies from the Republic and unable to use its sole electricity link to Britain, according to an internal briefing.

Officials have been warning for months that Northern Ireland’s electricity market could collapse, triggering “unprecedented consequences” and forcing authorities to prepare to take energy infrastructure into public ownership to keep the lights on.

The British government documents, shared widely across Whitehall, show that in the event of a no-deal Brexit:

– Householders in Northern Ireland could see electricity bills rise by up to £200 (€225).

– Energy companies could collapse.

– Diesel generators would be needed to keep power supplies running.

– The UK government has not yet talked to power station operators in Northern Ireland.

There's more on the page. But it's just nuts that the Uk is going down a path that could lead to this. This should never be an option on the table.

fxotoole

Billy86 wrote: »

You're arguing with someone who wants the Magdelene Laundries brought back because they think Ireland was in better economic shape before the mid-90s when we were under Catholic rule. They literally made a thread claiming that the country turning it's back on religion may be to blame for national debt increases over the last 30 years. Just for a bit of context.

Yes, I know. I’m a big believer that religious extremism should be tackled head on whenerver and wherever it reads it’s ugly head.

realitykeeper

realitykeeper wrote: »

Doctors and nurses do not bring money into the country, they are a liability we are paying far far far too much for.

Snickers Man

realitykeeper wrote: »

As for things like coffee, bananas and other non manufactured goods, yes those would also become more expensive

You ARE bananas, mate! No shortage of the same as long as you're around.

sKeith

realitykeeper wrote: »

You clearly misjudge me. Besides, I did suggest a salary cap of 50,000 euro. This is about economic sustainability which is in everyone`s interests, especially the low paid as they will suffer most at times of economic turmoil.

So, a married man earning a €100,000 salary, thinks he is comfortable, buys a house for €450,000 over 25 years.
Wife doesn't work, but looks after their 3 kids.

So, out of his €100,000 salary, he has a take home of €5249 a month.
mortgage eats €2355 off that straight away, leaving €2894 for everything else the month.

Lets say they are happily paying away at this for 5 years, then your salary cap comes in, and €50,000 is the cap.

So, out of his €50,000 capped salary, his take home pay is €3195 a month.
Mortgage eats same €2355 out of that, so, now they are left with €840 for everything else for the rest of the month.

Your scheme has just changed a family of five, who were comfortable into a family of 5 who are struggling to make ends meet.

How was this in the interest of this fictional family?

wexie

Of course if you're talking a completely fantasy scenario you may as well do away with mortgages like. Or reduce them by as much as the income cap would reduce income. Not like we're talking about anyty rooted in any kind of reality