EU Trade Commissioner: No trade talks until full Brexit – BBC News

Boris Johnson at the University of Bedfordshire

Boris Johnson at the University of Bedfordshire (Photo credit: Wikipedia)

English: Nigel Farage.

English: Nigel Farage. (Photo credit: Wikipedia)

The BBC reports that the top European Union trade official as saying that the UK cannot begin negotiating terms for doing business with the bloc until after it has left it.

Source: EU Trade Commissioner: No trade talks until full Brexit – BBC News

This is the Brexit Catch 22.

This was obvious to the experts but the experts were ignored by Brexit supporters listening to Farage, Johnson, Gove et al.

Investment will be frozen and jobs will go overseas. Families with big mortgages and credit card bills need to start doing some disaster planning.

What a mess! This was all because the populists listened to the Pied Piper. Read the NYT view on Johnson, the Pied Piper.

Thoughts?

 

One response

  1. This is rubbish from the BBC and the EU trade commissioner because German big business is already leaning on Merkel to expedite such talks.

    Triggering article 50 should be delayed until the negotiating position has been worked out and decision-tree’d and until competent negotiators are in position. The BBC is once again trying to force the country into making precipitous and ill considered moves to suit the bloated bank accounts of its board. We should negotiate when we are good and ready not listen to this trade commissioner who is little more than a Rottweiler being ordered to savage the UK Government and frighten it by barking loudly.

    Some jobs will be frozen as Dr Alf says, but firms like Vodaphone, which are threatening to leave the UK will not want the social chapter costs, training levies and higher salaries that they will have to pay and if they did leave. I would want to revisit the sweetheart deal initiated by Dave Hartnett, the former HMRC Chief Executive and demand the full £20 billion GBP in Corporation Taxes that Vodaphone hasn’t paid in the last 20 plus years. Other firms making similar threats need to have their bluff called.

    Passporting rights for financial services firms do not present an insurmountable problem because the clever use of a nearshoring location held at arms length using virtualisation can be used to circumvent the present impasse and we have leverage in the form of customs procedures which could be made more difficult for German car manufacturers and engineering firms in order to concentrate minds quickly.

    Currency speculators and Masters of the Universe should be free to make money but George Soros style financial terrorism needs to be curtailed by firm action as it was when Soros tried to bankrupt Malaysia whose Prime Minister refused to be intimidated by him and his Bilderberger colleagues.

    The UK Government is going to have to lower Corporation taxes below the level of the Dublin Financial District and Singapore to offset the losses in Corporation tax which cancel out the foreign exchange we gain from exports to the EU and the rest of the world and it is going to have to make BT PLC, HSBC PLC and a number of UK firms with offices in Dublin move back to the UK using a mixture of carrot, quiet exhortation and stick.

    Boris, Gove and Farage are already yesterday’s men but the BBC selling propaganda and speculation masquerading as news is still very much in evidence.

    The licencing fee needs to be abolished and the whole thing privatised along with the mass firings of its left wing reporters, gnarled presenters and most of its management who must never be allowed to come back as interims, advisors or consultants.

    To summarise, we must hold our nerve, refuse to be bullied or browbeaten and take action against those who continually create barriers to progress like the BBC, financial terrorists like George Soros, civil service mandarins, closet Druids who threaten our energy security and damage farming, the SNP and local authority chief executives.

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