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hoongwaicheah's profile
Hoong-Wai
Hoong-Wai
Hoong-Wai
@hoongwaicheah

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Hoong-Wai

@hoongwaicheah

I like to think. Inspired by solutions. Results-driven. Ideas sometimes unpopular. Somewhat autistic.

London
hoongwai1984.wordpress.com
Joined August 2011

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    1. Jason‏ @panmisthropist May 15
      Replying to @hoongwaicheah

      Which is why China only took 17 years with Australia yeah?

      1 reply . 0 retweets 0 likes
    2. Hoong-Wai‏ @hoongwaicheah May 15
      Replying to @panmisthropist

      As compared to the EU's non-existent FTA with either China or Australia?

      2 replies . 0 retweets 0 likes
    3. Jason‏ @panmisthropist May 15
      Replying to @hoongwaicheah

      What's your timeframe for negotiations for all our new FTAs and what do exporters do in the meantime?

      1 reply . 0 retweets 0 likes
    4. Hoong-Wai‏ @hoongwaicheah May 15
      Replying to @panmisthropist

      There's no time frame for EU trade negotiations either. You don't need FTAs to export. They'll just target markets where they're competitive

      2 replies . 0 retweets 0 likes
    5. Jason‏ @panmisthropist May 15
      Replying to @hoongwaicheah

      Competitive on WTO regs? Whereas the rest of the EU won't be. How's that work?

      1 reply . 0 retweets 0 likes
    6. Hoong-Wai‏ @hoongwaicheah May 15
      Replying to @panmisthropist

      CU distorts the internal market so that it is not competitive in the world market. Outside, UK can rebalance economy to be world competitive

      3 replies . 0 retweets 0 likes
    7. Jason‏ @panmisthropist May 15
      Replying to @hoongwaicheah

      Cu is very largely about agreed standards and passporting. How does it affect competitiveness?

      2 replies . 0 retweets 0 likes
    8. Hoong-Wai‏ @hoongwaicheah May 15
      Replying to @panmisthropist

      Unsurprisingly, you're not interested in actual dialogue. Here, how a customs union distorts the market: http://www.economicsonline.co.uk/Global_economics/Trade_creation.html …

      2 replies . 0 retweets 0 likes
    9. Hoong-Wai‏ @hoongwaicheah May 15
      Replying to @hoongwaicheah @panmisthropist

      And the article doesn't even touch on the complications of unbalanced subsidies.

      3 replies . 0 retweets 0 likes
    10. Jason‏ @panmisthropist May 15
      Replying to @hoongwaicheah

      It concludes this.pic.twitter.com/9YQB6cSbXW

      1 reply . 0 retweets 0 likes
      Hoong-Wai‏ @hoongwaicheah May 15
      Replying to @panmisthropist

      Do you fail to understand that this precisely describes the distortion that is occurring...?

      5:56 am - 15 May 2017
      2 replies . 0 retweets 0 likes
        1. New conversation
        1. Jason‏ @panmisthropist May 15
          Replying to @hoongwaicheah

          Distortion assumes a natural state. None such esists. No market is free in any case. Not since Paleolithic times.

          1 reply . 0 retweets 0 likes
        2. Hoong-Wai‏ @hoongwaicheah May 15
          Replying to @panmisthropist

          i made clear that the distortion is relative to the world stage.

          2 replies . 0 retweets 0 likes
        3. Jason‏ @panmisthropist May 15
          Replying to @hoongwaicheah

          There is no world stage. There is no world free market.

          1 reply . 0 retweets 0 likes
        4. Hoong-Wai‏ @hoongwaicheah May 15
          Replying to @panmisthropist

          You don't need a free market to have a world stage. "World stage" simply means trading with the rest of the world. Which the WTO facilitates

          2 replies . 0 retweets 1 like
        5. Jason‏ @panmisthropist May 15
          Replying to @hoongwaicheah

          So distorted compared to what?

          1 reply . 0 retweets 0 likes
        6. Hoong-Wai‏ @hoongwaicheah May 15
          Replying to @panmisthropist

          Hoong-Wai Retweeted Hoong-Wai

          https://twitter.com/hoongwaicheah/status/864103855415578624 …

          Hoong-Wai added,

          Hoong-Wai @hoongwaicheah
          Replying to @panmisthropist
          i made clear that the distortion is relative to the world stage.
          0 replies . 0 retweets 0 likes
          7. End of conversation
        2. New conversation
        1. Jason‏ @panmisthropist May 15
          Replying to @hoongwaicheah

          And 'distortion' in this case means cheaper goods and easier trade. What happens to JIT outside the CU. it employees over 2 million

          1 reply . 0 retweets 0 likes
        2. Hoong-Wai‏ @hoongwaicheah May 15
          Replying to @panmisthropist

          cheaper and easier within the CU. dearer and harder outside the CU. Hence the distortion toward CU trade. What do you mean by JIT?

          2 replies . 0 retweets 0 likes
        3. Jason‏ @panmisthropist May 15
          Replying to @hoongwaicheah

          Just in Time.

          1 reply . 0 retweets 0 likes
        4. Hoong-Wai‏ @hoongwaicheah May 15
          Replying to @panmisthropist

          Explain why JIT production would be affected

          1 reply . 0 retweets 0 likes
        5. Jason‏ @panmisthropist May 15
          Replying to @hoongwaicheah

          Oh fuck. Seriously?

          1 reply . 0 retweets 0 likes
        6. Hoong-Wai‏ @hoongwaicheah May 15
          Replying to @panmisthropist

          Oh yes, seriously. Take your time.

          0 replies . 0 retweets 0 likes
          7. End of conversation

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