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Author Topic: Brexit  (Read 7455 times)

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guest257

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Re: Brexit
« Reply #120 on: Thursday 28-Mar-2019, 08:46* »
Haven't read too much of this thread as I'm sick to death of the whole thing, but just a minor point on the referendum - there is precedent for second votes. Ireland, for example, rejected the Lisbon Treaty in 2008 by a margin of 53.4% to 46.6% (53% turnout). The second referendum in 2009 approved it by 67.1% to 32.9% (59% turnout). That could actually be construed as a third vote, as in 2001, they rejected the Treaty of Nice by 54%, with a 35% turnout. Earlier than that, Denmark rejected the Maastricht Treaty in 1992; it was rejected by 50.7% of voters with a turnout of 83.1%. Then in 1993 it was approved by 56.7% of voters with an 86.5% turnout.

So, it is neither undemocratic nor unprecedented to have a follow-up vote based on the latest information that is available. It is not unreasonable either; a great deal of information has come to light that was either not available or not publicised in the first round of rhetoric and insults; we know far more about the detail of what leaving means and what the different shades of leaving mean.

Of course, there is still a great deal of misinformation; for example there are those who would have you believe that GATT 24 will ride to the rescue; however, if we left with no deal, then GATT 24 would simply not apply.

All I know is that 30+ years working in the international supply chain industry leaves me with huge concerns about the entire situation; there are so few positives and so many negatives for supply chains, and whenever that happens, the only thing that goes up is prices.

Agree with all of this.

Just to add in my professional life I’ve not met one client or sector that is happy about Brexit. It’s been disruptive, costly, and will negatively impact growth and prospects over the longer term. Whilst not a fatal disaster in any individual sector, it’s a big ask for people to suck up more austerity, more job uncertainty, higher prices and less growth.

If I’d met even one that was optimistic - seizing the opportunities - excites about the prospects - my views would be different - but in 3 years I’ve not met even 1.

It’s not worth it.

 

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