Talk Morgan Forums Community The Malvern Arms EU Referendum quiz; find out how much you know

How on earth can you have mutually beneficial policies across a whole range of nations?

There will always be winners and losers a utopian view is great but in reality it is simply a goal or dream.

Cynical me?

Mine too. If the UK leaves the EU, I think the resulting economic, political, and social upheaval will be immense both for the rest of the EU and for Britain, and none of it is going to be very pleasant.

For anyone who is undecided about the mob that runs the show watch this video by Yanis Varoufakis.
lecture by former finance minister on dealings with EU
It's fascinating.

Obviously no-one really knows what will happen with exchange rates but the GBP is under a certain amount of pressure at the moment with the rate steadily falling, against all major currencies, over the last 6 months. It rallied a little about a month ago, mainly because of the Tata Scunthorpe steel deal, but in the last 3 weeks has continued to fall. Investors hate uncertainty apparently.

The pundits seem to think that if the Brexit vote wins the GBP could fall to parity with the EUR because of the effect of Brexit on the UK economy. A low Sterling will be good short term for exports but increase costs for the importers of goods and raw materials.

On the other hand if the vote goes against Brexit it is likely that the GBP could increase in value again and arrive at EUR€1.50 to the GBP.

If you think Brexit is going to win buy some EUR now, on the other hand if you think Brexit will loose make a limit order at EUR€1.50 to the GBP and join the world of currency speculators.

And how will Brexit or Bremain effect the EUR? If current trends are any indication it probably won't effect the single currency against other majors all that much but I just can't pick it at all and I can't find any indication. Perhaps I will place a limit order at EUR€0.75 for the AUD. It probably won't go that high against the EUR but if it does it would be good for me

Migration will continue to be a problem with varying minimum wage levels and varying benefit systems and health care. These things will never be commonised across Europe so the attraction to go to the 'best' member state will remain. Eventually Europe will either have to limit freedom of movement or face a revolution in some shape or form. It doesn't work effectively now and there's no sign of change. Staying in will change nothing.

Going out will change nothing (regarding immigration)

When Turkey have paid the requisite 28 backhanders it certainly will.

I don't buy that.

Much of the immigration in the UK from the EU is driven by economic difficulties and lack of jobs in other countries in the EU. Remember Auf Wiedersehen Pet ? Oz and his mates were doing just that when there was a lack of jobs in the UK, and like them, many of these people will return to their own countries when the economic cycle upturns.

The argument that 70 million Turks want to come and live in the UK is shameless scare-mongering of the worst sort. Turkey has quite a strong economy, with growth rates of around 4% and manageable levels of unemployment.

The proposals for Turkey (which are a quid pro quo for the fact that Turkey is bearing the brunt of the refugee crisis from Syria and Iraq) is that Turkish nationals should be able to visit Europe as tourists without having to get a visa. They would not have the right to work, nor the right of abode.

More than one third of Turkey's labour force is paid the minimum wage.
currently 1647 TRY/month (£288)
That's a quarter of a 25 year olds monthly minimum wage in this country.

I was an engineer doing my Auf Wiedersehen Pet bit in the seventies.
Not because of any shortage of jobs, the attraction for big bucks.

This is completely ignoring the cost of living in the UK. Have you actually looked at what it costs to rent in the London region? Let alone the cost of food and transport. Students on exchange have to live crowded into poor condition housing with poor facilities and charged a fortune by unscrupulous landlords. It would be the same for low income workers.
There is a huge difference between the wage of a qualified engineer and an unskilled worker who will do any low-paid and dirty job just to put food in his mouth and have somewhere to sleep.
At the end of the month a Turkish worker probably has a greater percentage of his wages left than the average UK 25 yearold on that wonderful minimum wage.