Brexit and the Consequences

Splitlink said:
Hi, cv,

That last line? You don't know.

You are just trying to justify your argument for leaving.
Click to expand...

Funny :LOL:

How come I knew we were leaving?
How come I knew the Brits would'nt believe all the scare stories?
Where are Osborne and Cameron now?
 
This thread is a microcosm of Brexit and both will go to infinity and beyond :whistling
It's already looking like Sartre's Huis Clos and just as much fun :LOL:
 
Mr. Charts said:
So all things are known in advance?
SOCRATES LIVES !

:LOL:
Click to expand...

Precisely, nice to see someone has been paying attention :LOL:

Occasionally we go down the cafe dressed as workmen, just so we can gauge opinion on matters politically related........

No hang on, that's been done to death :)
 
Atilla said:
Considering we don't know what may have occurred if the EU did not exists and whilst it continues to thrive being the continent with the largest GDP in the World, can you backup your assertion the EU has been a total disaster with some evidence so we know what disasters you are talking about???
Click to expand...

The figures have been done previously and i'm not about to dig them up again.
EU share of world GDP has been in decline for 40 years. EU stagnates, despite absorbing more countries into the club. The rest of the world has moved on and we are about to do the same. It's not rocket science you know !
 
Oscar Reed said:
Gross external debt, hope the creditors don't want there money back.
Living the Euro dream

http://sdw.ecb.europa.eu/quickview.....N.I8.W1.S1.S1.LE.L.FA._T.FGED._Z.EUR._T._X.N
Click to expand...

You know, it really is insane. Govt's all over the globe continually printing money to keep the economic balloon inflated. They cannot even balance out the deficits they are running, let alone talk about repaying the principle.

Best thing we ever did is to vote out of the EU mess. At least we stand a chance now of getting our own economy in some sort of order, without having the EU yoke round our necks. The problems of the EU will grow, not diminish, now that their second largest contributor has exited.

This problem of debt will not go away until the job of dealing with it is taken out of the politicians hands. It's far too important to be left with those incompetents.
 
counter_violent said:
You know, it really is insane. Govt's all over the globe continually printing money to keep the economic balloon inflated. They cannot even balance out the deficits they are running, let alone talk about repaying the principle.

.
Click to expand...

That part, I fully agree with. However, this comes down to the nettle that no one wants to grasp and tackle. Money is just a means of getting enough together to be able to exchange for an investment, goods or services. As a saving investment it is a crazy plan and yet, billions of people do it as a means of retirement. The result is that when they do need it, it is not worth the paper it is printed on.

I can remember my father being so proud of me. I earned ten pounds per week, three more than he did! He was a London busman. How much do they earn today?

That's how it goes on and on but how does anyone alter the situation?

Frankly, I don't think that anyone can. It's no good blaming the EU for something that has been a practice long before the EU existed. When I was a youngster, I remember the Gold Standard and the $4 pound. After that, the Americans had gold pegged at $32. De Gaulle put an end to that. Since then, it's been a free for all.
 
counter_violent said:
You know, it really is insane. Govt's all over the globe continually printing money to keep the economic balloon inflated. They cannot even balance out the deficits they are running, let alone talk about repaying the principle.

................................................
............................

This problem of debt will not go away until the job of dealing with it is taken out of the politicians hands. It's far too important to be left with those incompetents.
Click to expand...

The problem is that the electorate do not like the truth because they cannot handle the solutions. Consequently the politicians tell them something else. Hence the mess. We've yet to see the final outcome of QE.
 
sminicooper said:
The problem is that the electorate do not like the truth because they cannot handle the solutions. Consequently the politicians tell them something else. Hence the mess. We've yet to see the final outcome of QE.
Click to expand...

We have a politician, here, Rajoy of the PP, who is, exactly, in that mess! He is getting. or trying to get, Spain straight. The result is more than 20% unemployed.

The left wing want him out and I can't say that I blame it, but, if they do, it could mean a president in shirt sleeves and a pig tail with his foreign secretary suckling her infant on the front bench.:D

She says that there is no nursery, when there is has been one for years. This smacks of a Corbyn stunt, with him sitting on the passage floor claiming that the train is full. Seems to be a socialist ploy in all countries.
 
Last edited:
The European Commission fired a warning shot across Theresa May’s bow after her government decided to seek a tailor-made Brexit deal on its own terms, saying that the U.K. could not pick and choose the conditions it preferred.

The British premier earlier this week set out the first of her red lines for Brexit negotiations, saying she wanted to curtail the free movement of people coming to the U.K. from the European Union and suggesting she’s willing to leave the bloc’s single market to do so.

European Commission Vice President Valdis Dombrovskis said in response in an interview Saturday with Bloomberg Television’s Flavia Rotondi at the Ambrosetti Forum in Cernobbio, Italy, that conditions on free movement of goods, services, capital and labor were “a package and there cannot be cherry picking -- you like free movement of capital but don’t like free movement of labor or the other way round.”

‘Strategic Decision’
Dombrovskis urged the U.K. to formally trigger negotiations on exiting the EU “without undue delay because it is important to provide some direction of the work and limit this period of uncertainty.” Britain has “a strategic decision to take, whether to stay inside the EU internal market or outside the internal market.”
Close all those tabs. Open this email.
Get Bloomberg's daily newsletter.

Signaling lengthy talks ahead, Dombrovskis confirmed an initial two-year negotiating period could be prolonged, but only if there was the unanimous support of all EU states, including the U.K. In Stockholm, Sweden’s EU Minister Ann Linde said in an interview with Dagens Nyheter daily newspaper that at the end of the two years, the U.K. could be forced to leave the EU even if the two sides haven’t reached an agreement.

At the Cernobbio conference Yves Mersch, a European Central Bank Executive Board member, said earlier on Saturday that Brexit was triggering a debate not just on the EU’s future relationship with the U.K. but “also – and perhaps more importantly – on how to improve the functioning of the EU and of Economic and Monetary Union (EMU) as one of its key elements.”

Mersch said the poor quality of the public debate over the U.K.’s referendum had fueled populist movements. “The distortions and half-truths of the Brexit debate has shown that, first, complexity, second, uncertainty about pensions, third, low growth, and fourth, income distribution, offer fertile ground for extremists,” Mersch said.
 
Splitlink said:
That part, I fully agree with. However, this comes down to the nettle that no one wants to grasp and tackle. Money is just a means of getting enough together to be able to exchange for an investment, goods or services. As a saving investment it is a crazy plan and yet, billions of people do it as a means of retirement. The result is that when they do need it, it is not worth the paper it is printed on.

I can remember my father being so proud of me. I earned ten pounds per week, three more than he did! He was a London busman. How much do they earn today?

That's how it goes on and on but how does anyone alter the situation?

Frankly, I don't think that anyone can. It's no good blaming the EU for something that has been a practice long before the EU existed. When I was a youngster, I remember the Gold Standard and the $4 pound. After that, the Americans had gold pegged at $32. De Gaulle put an end to that. Since then, it's been a free for all.
Click to expand...


Good post Split and I agree. If only CV could bend light and time as he does the truth he'd be the next Marvel komik hero!

Blaming the EU for everything, he does take the biscuit.

Ofcourse there is the consideration that UK is the 5th largest GDP nation in the World and has been a member of the EU for the last 40+ years.

So I guess we should all marvel at how the UK has achieved this level in spite of EU membership??? Just imagine where we'll be without the EU in the next 40 years???


:)
 
Atilla said:
Good post Split and I agree. If only CV could bend light and time as he does the truth he'd be the next Marvel komik hero!

Blaming the EU for everything, he does take the biscuit.

Ofcourse there is the consideration that UK is the 5th largest GDP nation in the World and has been a member of the EU for the last 40+ years.

So I guess we should all marvel at how the UK has achieved this level in spite of EU membership??? Just imagine where we'll be without the EU in the next 40 years???


:)
Click to expand...

And you need to learn how to read. At no point did I single out the EU, although they are right up there with the worst offenders.:LOL:


You know, it really is insane. Govt's all over the globe continually printing money to keep the economic balloon inflated. They cannot even balance out the deficits they are running, let alone talk about repaying the principle
 
counter_violent said:
And you need to learn how to read. At no point did I single out the EU, although they are right up there with the worst offenders.:LOL:


You know, it really is insane. Govt's all over the globe continually printing money to keep the economic balloon inflated. They cannot even balance out the deficits they are running, let alone talk about repaying the principle
Click to expand...


You're a 'rich tea' biscuit. Very rich! :LOL:
 
Atilla said:
The European Commission fired a warning shot across Theresa May’s bow after her government decided to seek a tailor-made Brexit deal on its own terms, saying that the U.K. could not pick and choose the conditions it preferred.

The British premier earlier this week set out the first of her red lines for Brexit negotiations, saying she wanted to curtail the free movement of people coming to the U.K. from the European Union and suggesting she’s willing to leave the bloc’s single market to do so.

European Commission Vice President Valdis Dombrovskis said in response in an interview Saturday with Bloomberg Television’s Flavia Rotondi at the Ambrosetti Forum in Cernobbio, Italy, that conditions on free movement of goods, services, capital and labor were “a package and there cannot be cherry picking -- you like free movement of capital but don’t like free movement of labor or the other way round.”

‘Strategic Decision’
Dombrovskis urged the U.K. to formally trigger negotiations on exiting the EU “without undue delay because it is important to provide some direction of the work and limit this period of uncertainty.” Britain has “a strategic decision to take, whether to stay inside the EU internal market or outside the internal market.”
Close all those tabs. Open this email.
Get Bloomberg's daily newsletter.

Signaling lengthy talks ahead, Dombrovskis confirmed an initial two-year negotiating period could be prolonged, but only if there was the unanimous support of all EU states, including the U.K. In Stockholm, Sweden’s EU Minister Ann Linde said in an interview with Dagens Nyheter daily newspaper that at the end of the two years, the U.K. could be forced to leave the EU even if the two sides haven’t reached an agreement.

At the Cernobbio conference Yves Mersch, a European Central Bank Executive Board member, said earlier on Saturday that Brexit was triggering a debate not just on the EU’s future relationship with the U.K. but “also – and perhaps more importantly – on how to improve the functioning of the EU and of Economic and Monetary Union (EMU) as one of its key elements.”

Mersch said the poor quality of the public debate over the U.K.’s referendum had fueled populist movements. “The distortions and half-truths of the Brexit debate has shown that, first, complexity, second, uncertainty about pensions, third, low growth, and fourth, income distribution, offer fertile ground for extremists,” Mersch said.
Click to expand...

Remember 2 months ago when the public voted to stick 2 fingers up to the establishment !

What makes you think that the British Govt won't adopt the same stance with the EU?

They need us more than we need them.
 
counter_violent said:
And you need to learn how to read. At no point did I single out the EU, although they are right up there with the worst offenders.:LOL:


You know, it really is insane. Govt's all over the globe continually printing money to keep the economic balloon inflated. They cannot even balance out the deficits they are running, let alone talk about repaying the principle
Click to expand...

That's because you had not thought of it:p
 
counter_violent said:
Remember 2 months ago when the public voted to stick 2 fingers up to the establishment !

What makes you think that the British Govt won't adopt the same stance with the EU?

They need us more than we need them.
Click to expand...

That's a very good point which the EU Management hasn't really thought about despite some individuals having raised it. The British have a habit of raising 2 fingers to Europe (indeed, it was a European situation from where the phrase originates). As Cpl Jones said: "they don't like it up 'em".
 
Last edited:
You must log in or register to reply here.

Similar threads

U
European Level 2 question
Replies
1
Views
3K
theknifemac
theknifemac
C
New! eSignal MarketCenter 3
2 3
Replies
41
Views
9K
Ghost Dog
G
Atilla
Trump Presidency and the Consequences
160 161 162
Replies
3K
Views
361K
Atilla
Atilla
N
trading for prop shops
Replies
1
Views
7K
Directional
Directional
B
companies listed on more than one exchange
Replies
3
Views
2K
grantx
G
Top