Reply to: Vote Leave chief who created £350m NHS lie on bus admits leaving EU could be an error

[BlasterBates]

interesting:

BREXIT RAID: France to reveal massive tax cuts in bid to POACH British businesses | UK | News | Express.co.uk

[PurpleGorilla]

Did you review the cost-benefit of Brexit before you voted? Care to share some numbers, no one in the government seems to be able to provide any.

No need - I read it on a red bus [emoji12]

[sal]

Financial inter-dependency is one way of keeping the countries of mainland Europe at peace. As long as the proceeds of growth are equitably shared. If not, it breeds a great deal of discontent.

Like any service I will review the cost - benefit before deciding if it represents good value. So let's wait and see what the deal looks like.

Did you review the cost-benefit of Brexit before you voted? Care to share some numbers, no one in the government seems to be able to provide any.

[PurpleGorilla]

Vote Leave chief who created £350m NHS lie on bus admits leaving EU could be ...

It's not socialism mate, the proceeds of growth should be enjoyed by those who push that growth in the first place.

The proceeds of growth should be enjoyed by those who push that growth...

- Employees

- Managers

- Shareholders

- Government

Who pushes that growth?

Who generates the growth?

What share should they get of the growth?

This is what the current share of growth looks like:

[vetran]

So you're saying you want the old man dressed as a squirrel to jizz on your face?

FTFY

[northernladyuk]

It's not socialism mate, the proceeds of growth should be enjoyed by those who push that growth in the first place.

So you're saying you want the old man to jizz on your face?

[AtW]

Financial inter-dependency is one way of keeping the countries of mainland Europe at peace. As long as the proceeds of growth are equitably shared. If not, it breeds a great deal of discontent. Like any service I will review the cost - benefit before deciding if it represents good value. So let's wait and see what the deal looks like.

It's not socialism mate, the proceeds of growth should be enjoyed by those who push that growth in the first place.

[PurpleGorilla]

Vote Leave chief who created £350m NHS lie on bus admits leaving EU could be ...

Would you like them to pay 350 mln euros per week for that?

Financial inter-dependency is one way of keeping the countries of mainland Europe at peace. As long as the proceeds of growth are equitably shared. If not, it breeds a great deal of discontent.

Like any service I will review the cost - benefit before deciding if it represents good value. So let's wait and see what the deal looks like.

[AtW]

Comparatively recent history the UK helped stop the French and Germans killing each other! Lest we forget.

Would you like them to pay 350 mln euros per week for that?

[PurpleGorilla]

EU is indeed very much better off without UK, which caused constant problems due to centuries old policy of making sure France and Germany are not united.

Feck German cars - from now on Britons will buy only Rolls-Royces and Bentleys, hooray!!!

Good luck to them without us. Sounds like we are only holding them back.

I don't like to run with the historical allegory and brexit, it's all to obvious and misguided to do so, but I take a little exception to that point.

Comparatively recent history the UK helped stop the French and Germans killing each other! Lest we forget.

[AtW]

Well if we have nothing to offer the EU, maybe they are better off without us.

EU is indeed very much better off without UK, which caused constant problems due to centuries old policy of making sure France and Germany are not united.

Feck German cars - from now on Britons will buy only Rolls-Royces and Bentleys, hooray!!!

[PurpleGorilla]

Norway got oil and gas which is critical for EU, they also got that deal long time ago

Well if we have nothing to offer the EU, maybe they are better off without us.

[BlasterBates]

The Irish house bubble / crash far exceeded the UK one, yet look at the interest rates that Ireland was stuck with because of Eurozone membership, in comparison to the UK response. It is madness for countries to give up their ability to adjust interest rates or manage money supply, or do you think they're not useful tools?



And house prices:

The low interest rates provided no more than a need for the Irish to control prices themselves.

The Roots of Ireland’s Debt Crisis « Anglo: Not Our Debt

This reckless splurge was facilitated by liberalised lending practices across the EU and by lax cross-border regulation of the financial sector.

The Irish authorities also contributed to the property bubble with a range of tax incentives to property development and lax oversight of the financial sector – the Department of Finance, the Irish Central Bank and the Financial Regulator were all negligent in this regard.

and of course low interest rates although a contributory factor were not the cause. check out Iceland.

The Irish authorities had it in their power to control it. Germany was also exposed to "reckless splurge was facilitated by liberalised lending practices across the EU and by lax cross-border regulation of the financial sector" indeed was the UK who were not in the Euro.

Ireland are not exiting the Euro because they know they can avoid it in future with their own prudent economic policies. If the Euro was the cause of all these problems they would now be dismantling it or countries would be leaving it. The fact is the Euro provides every country in the Eurozone with longterm lower interest rates than they would have outside. To argue against not adopting the Euro is equivalent to arguing that a pay rise is bad because irresponsible employees will go and gamble it in the casino. A pay rise is not a bad thing, it is a good thing but it does need to be put in the hands of responsible people, and the answer is not to put the pay down again but for employees to learn to be more responsible. Countries who have adopted the Euro have the ability to grow faster than countries outside, in the same way that the US has. That is exactly why the Euro was adopted.

[AtW]

I think it may only have been a matter of time. Bliar would have taken us in to the Euro in a heartbeat, it is supposedly one of the things he and Brown argued about most vociferously. All we'd need is a future Europhile PM, or a weak one who could be forced to join, and there'd be sweet FA we'd have been able to do about it.

And Bliar should have done it, failure to do so precipitated current Brexit crisis.

[AtW]

Yes

Link please to the latest version of audited (by whom?) accounts of UK Govt.