Quote Originally Posted by Azor View Post
To Outlaw:



  • The UK has a chronic and worsening trade deficit with the EU. In 2015, 54% of UK imports were from the EU (a steady weighting since 2000), while UK exports to the EU fell to 47% in 2015 (from 60% in 2000).*

    In 2011, the UK's national contribution to the EU was 73% more than the EU spent on the UK.*

    In 2013, the UK's national contribution was 115% more...*


From an anecdotal perspective, despite baffling anti-Polish sentiment in some small English towns, the main Leave concern with immigrants appears to be focused on the Roma or Gypsies who have been flooding into London's common areas and sleeping rough in addition to committing minor crimes. Leave supporters are rightly concerned that if Merkel accepts the migrants (who are migrants and not refugees) as citizens, then many will flood across the Chunnel. As it is, the Calais "jungle" is indicative of the UK's attractiveness to migrants vis-a-vis almost all other EU members. Ultimately, there will be winners and losers due to Brexit, and perhaps imports will cost more, but the UK should look further afield for export markets.
Then....if that were the case then why did they yell immediately for funding relief knowing the UK budget can never pick up 60-70B Pounds per year as the same demands will coming in from other areas as well.

I've read your economic rationale for Remain, but I find it piecemeal and often anecdotal. Overall, it seems that Brexit may not be the disaster that Remain predicted; even in Cornwall, supposedly dependent upon EU subsidies, the cost would be ~£115 per year, which can easily be replaced by the UK's savings on EU contributions.
Secondly, you have not factored in the massive loss to both the FTSE 100 and 250 and the 250 is still falling today and those are mainly Brit companies and the 12-13% loss in the Pound...

The amounts clawed back from the EU will go largely to cover these and the coming financial loses....and will not be available to cover the economy.

With the lowering of the sovereign rating by Moodys...that added an additional 4B Pounds to debt service per year as well and the lowering by S&P to negative will hinder greatly any investment made by outside companies...and it will make it hard for the UK to raise funds going forward...