[Merged]Brexit stuff

[CretinWatcher]

https://www.google.co.uk/webhp?sourc...orkers&tbm=nws

Yeah and how do you think the UK economy will fare if passporting rights are not maintained?
Where do you think the tax take will come from if the finance industry is decimated?
It's a complete lack of judgement and understanding of how things work.

[tomtomagain]

Yeah and how do you think the UK economy will fare if passporting rights are not maintained?
Where do you think the tax take will come from if the finance industry is decimated?
It's a complete lack of judgement and understanding of how things work.

Oh I forgot. Only CretinWatcher is right. Only CretinWatcher understands the real situation. Only Cretin Watcher has access to the full facts and the intellect to understand what's going to happen.

And Silly me. I had forgotten all about "The City". Funny as I had worked there for nearly 15 years.


When are you going to Portugal? I'm popping over there next week for a break. Can you tell me if Netflix is available there yet? Or will I still need my private VPN?

[tomtomagain]

Like what, exit EU?

The nuclear option has already been chosen.

That's just the start. European history is 1000 years of squabbling, backstabbing and in-fighting. The traditional English foreign policy is to stir it up on the continent. To play the French off against the Germans.

This whole "BREXIT" terminology has had its day. It was a campaigning slogan thought up by journalists.

We are leaving a political union. Unless someone manages to tow these islands away we are very much staying "In Europe". 20 miles off the coast of France.

So rather than thinking "Exit" its more helpful to think : Renegotiating the long-term relationship between the UK and mainland European countries.

And it's an entirely political choice as to how that relationship works out. You can have a good one, or a bad one.

My betting is that a mutually acceptable arrangement will be worked out.

[AtW]

OFunny as I had worked there for nearly 15 years.

You'll have some stories to tell your grandchildren

[tomtomagain]

You'll have some stories to tell your grandchildren

No. I wouldn't want to bore them to death.

I quit working for companies and started out on my own when I came home one day and my 4 year old son said:

"Daddy I can never go to work?"
"Why's that?"
"Because I don't know what a meeting is."

[vetran]

It’s two months since Britain’s worst foreign policy blunder of the modern era

Nice objective reporting. They open with:

It’s two months since Britain’s worst foreign policy blunder of the modern era and it still rankles. The vote to take us out of the European Union was not about economics, less still diplomacy; it was a collective act of myopia, distrust, arrogance and fury. It was about emotions, negative ones; and behaviour is something that economists struggle to capture.

https://www.theguardian.com/books/20...tiglitz-review

Joseph Stiglitz does better than most. For years the former chief economist at the World Bank and adviser to President Clinton has been inveighing against the rise in inequality and unaccountable elites. In his latest book, he returns to one of his pet hates, the single currency project of the Brussels establishment, and sets about disembowelling it.

Stiglitz is contemptuous of the advocates of austerity within a single currency straitjacket
Flawed at birth in the 1990s, the euro is the story of platitudes “uttered by politicians unschooled in economics who create their own reality”. Its architects, or rather Argonauts, laboured under the misapprehension that economic integration would beget political integration, and strong economic growth shared by all. They did not take into account the diversity of the continent, nor did they build mechanisms that would withstand shocks.

[LondonManc]

Worse than starting an illegal war?

[vetran]

Worse than starting an illegal war?

Indeed

A Nobel prize winner tries to explain what is wrong with a one size fits all currency and they turn it into a Bremoan.

[GB9]

Like what, exit EU?

The nuclear option has already been chosen.

You still haven't grasped the situation yet. And until you realise that your starting point of 'the EU is all powerful' is wrong, you will really struggle.

Opel has already cut car production in Germany because of the exchange rate. The cost of parts used to build in the UK may have increased but the cost if production hasn't. Alternatively, if you build in Germany and then export to Britain the exchange rate also hits the cost of production.

If we do what the Republic did and slash corporation tax, there will be an influx of business. Much of the EU won't be able to compete. Rather than businesses leave, they will flood in.

And your idea that Corbyn and Labour should sort things by being more socialist is delusional. The UK as a whole hates socialism. The only reason labour got into power in 97 was because they were tory light and handed the middle class billions in subsidies.

The EU is screwed.

[GB9]

Yeah and how do you think the UK economy will fare if passporting rights are not maintained?
Where do you think the tax take will come from if the finance industry is decimated?
It's a complete lack of judgement and understanding of how things work.

You do indeed have little understanding of how things will work. Opel.

The EU is not all powerful. At the moment it's scared tulipeless.