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George Soros explains why I voted for Brexit

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    George Soros explains why I voted for Brexit

    Pretty much exactly my reason for wanting out...

    'Dysfunctional' EU has plunged into existential crisis, George Soros warns

    He warned that a split among EU countries that began at the start of the financial crisis in 2008 had been exacerbated by "outdated treaties".

    This had transformed the eurozone into a series of creditor and debtor nations overseen by inept institutions that had stirred up resentment in the bloc.

    The European Union is now in an existential crisis...

    After the financial crisis of 2008, the eurozone was transformed into a creditor/debtor relationship where the debtor countries couldn’t meet their obligations and the creditor countries dictated the terms that the debtors had to meet.

    By imposing an austerity policy they made it practically impossible for the debtor countries to grow out of their debts. The net result was neither voluntary nor equal.


    #2
    The EU may well be in trouble but not as much trouble as us apparently:

    It's official: The UK has fallen to the bottom of the G7 for GDP growth | City A.M.
    Hard Brexit now!
    #prayfornodeal

    Comment


      #3
      Originally posted by sasguru View Post
      The EU may well be in trouble but not as much trouble as us apparently:

      It's official: The UK has fallen to the bottom of the G7 for GDP growth | City A.M.
      Most of our GDP is "Imputed Rent" which is just rising house prices.

      All meaningless bollox. My personal GDP increases make BitCoin's growth look flat.

      Comment


        #4
        Originally posted by DimPrawn View Post
        Most of our GDP is "Imputed Rent" which is just rising house prices.

        All meaningless bollox. My personal GDP increases make BitCoin's growth look flat.
        Your gross product is not something we really want to think about.
        "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

        Comment


          #5
          Originally posted by DaveB View Post
          Your gross product is not something we really want to think about.
          You should see the tulip I come out with at work.

          Comment


            #6
            February 2017 official figures:

            Greece youth unemployment 45.2%

            Spain youth unemployment 41.5%

            Italy youth unemployment 35.2%

            France youth unemployment 23.6%

            You can't spin that.

            https://www.statista.com/statistics/...-eu-countries/

            As long as Germany is financially OK that's the main thing...
            http://www.cih.org/news-article/disp...housing_market

            Comment


              #7
              Originally posted by PurpleGorilla View Post

              As long as Germany is financially OK that's the main thing...
              When we and the US stop buying their cars, kitchen appliances and other exports, they are fooked.

              Comment


                #8
                Originally posted by DimPrawn View Post
                When we and the US stop buying their cars, kitchen appliances and other exports, they are fooked.
                No, it's the workers in the factories that assemble their cars in the UK and the US who will be fooked.
                You're awesome! Get yourself a t-shirt.

                Comment


                  #9
                  Originally posted by DimPrawn View Post
                  When we and the US stop buying their cars, kitchen appliances and other exports, they are fooked.
                  I do love German kit, but not any more. No more BMW. No more Bosch.

                  I can see quite a few brexiteers boycotting German gear.

                  And their wine tastes like piss.
                  http://www.cih.org/news-article/disp...housing_market

                  Comment


                    #10
                    Here's the only kit you need

                    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                    Comment

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