Originally posted by darmstadt
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Reply to: How was Brexit?
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Previously on "How was Brexit?"
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Originally posted by Zigenare View PostAt a guess, shipping!
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The latest graph via the FT shows that it won't be too bad for the EU if there is a hard Brexit....
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Originally posted by NotAllThere View PostYou'll have to explain that one for me. How has the EU threatened to depose Brenda?
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Originally posted by Mordac View PostKeeping the head of state we currently have. Priceless.
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"The [British] government agreed to provide a bilateral loan to Ireland because it is in the UK’s national interest that Ireland has a successful economy and a stable banking system."
So, UK loans some money for a good profit (interest), and by the UK own agreement and national interest (as stated on the link you kindly provided). Still you take this kind of loan as a possible future saving for getting out of the EU!?
"The LOAN was made at the same time as a bailout by the European Commission, International Monetary Fund and European Central Bank and at a time when the country’s banking system threatened to implode."
So from your link we can conclude that ECB, IMF and EC bailout Ireland, UK loan some money!?
Have you even read the link you sent or you just focus on the title!?
Do you understand that even if UK was not in the EU, most likely you would loan the money anyway, simple because it's a good deal (you get good interest on the loan) and on national economic interest!?
Doesn't UK loan money to many other countries outside the EU!? Is this also a potential saving for getting out of the EU!?
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Originally posted by CryingSheep View PostI thought who bail-out those countries was the ECB, that doesn't have much to do with EU and even less with the UK!
The ECB is responsible for the stability and control of the eurozone (countries that use euro as currency) the same way BOE controls the Pound! Now, I understand is complicated for some Brexiteers to understand the difference between eurozone and EU but trust me, they are two very different things!
Therefore, the UK didn't bail-out any of those countries (I know this is one of the many common lies Brexiteers like to spread, but it's just that, a big fat lie). It wouldn't make sense... why UK would be interested to save a currency they do not use?! UK would actually benefit from a weaker euro...
Obviously as a shareholder the UK have some interest on the ECB, but just in the same way anyone have interest on a company of who we hold some shares or bonds!
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Originally posted by Mordac View PostLondon does 3x the financial business that the rest of the EU put together does (hence the new tax falling harder on the UK). It's difficult to estimate precisely how many trillions, but I'd hope it's in single figures. They haven't set the rate yet, but if we end up staying in, you can be sure they'd whack the rate up.
Wowwwwww! Are those figures per year or per life time!?
So you are telling me we gonna save in the region of the amount of our current GDP per whatever timeframe we are talking here!?
So they were right we really will become the greatest and richest country in the planet!!! (probably in the all galaxy)
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Originally posted by Mordac View PostNot having to bail-out Greece/Italy/Spain/Portugal/Ireland next time they default (estimated £200bn saved in the short term)
Not having to pay Brussels for every financial transaction in the UK (trillions saved)
Keeping the head of state we currently have. Priceless.
The ECB is responsible for the stability and control of the eurozone (countries that use euro as currency) the same way BOE controls the Pound! Now, I understand is complicated for some Brexiteers to understand the difference between eurozone and EU but trust me, they are two very different things!
Therefore, the UK didn't bail-out any of those countries (I know this is one of the many common lies Brexiteers like to spread, but it's just that, a big fat lie). It wouldn't make sense... why UK would be interested to save a currency they do not use?! UK would actually benefit from a weaker euro...
Obviously as a shareholder the UK have some interest on the ECB, but just in the same way anyone have interest on a company of who we hold some shares or bonds!
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Originally posted by Old Greg View PostHow many trillions, would you estimate?
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Originally posted by Mordac View PostNot having to bail-out Greece/Italy/Spain/Portugal/Ireland next time they default (estimated £200bn saved in the short term)
Not having to pay Brussels for every financial transaction in the UK (trillions saved)
Keeping the head of state we currently have. Priceless.
Leave a comment:
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