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tomacht8

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Posts posted by tomacht8

  1. 32 minutes ago, Srikcir said:

    How would this be done?

    I've seen proposals about extending the age for new pensioners vs. additional taxes; and reduction of benefits through a devaluing securities base (stock-based pension distribution) that would affect current and future pensions.

    However, if the percentage increase in pensions is below the rate of inflation, there will be a real reduction in pensions or a real loss of income. If the pension recipient lives abroad, e.g. Thailand still has the effect of exchange rates and the corresponding rate of inflation in the country of residence.
    Many retirees who live in Thailand know these effects.
    For many years, there has been a loss of purchasing power by European pensioners in Thailand.
    Whether this trend is reversed by Brexit now, everyone can think for themselves.

    • Like 1
  2. 1 hour ago, nontabury said:

    What planet on you on? Everyone knew that a vote to depart this so called Union, 

    was a vote to leave it COMPLETELY. Why are SOME remoaners intent on taking up the position of a fifth column in always talking the U.K. down. Have some confidence in your country, and stop waving the white flag.

    Flag?

    201606_1316_efcfc.png

    • Like 2
  3. To have a discussion that leads to new insights here is difficult.
    Arguments, no matter which side are roared and made ridiculous with dead-beating stile type.
    Understandably, Brexit is very emotional.
    The uncertainty of how to proceed economically, if there is no planning certainty, is distressing for many.

    Britain has far bigger problems than the rest of the EU.
    With Brexit, the British leave a total of 975 agreements signed in March 2019 by the Union with third countries, including more than 50 free trade agreements. These contracts must be renegotiated or rewritten as part of the protection of the United Kingdom. Brexit minister David Davis admitted on Wednesday before the parliamentary committee that some countries had agreed but others wanted to renegotiate. A renegotiation of the contracts until March 2019, however, is an impossibility, the uncertainty in the industry therefore large: "I do not know how we should export to China after March 2019," says the head of the British chemical company AstraZeneca, Pascal Soriot. So far, the export is under the EU cooperation agreement with China.

    That the negotiators do not see the limited time and the time-pressure component is incomprehensible to me.
    Very much to the detriment of the population.


     

  4. 2 minutes ago, Grouse said:

    The Greens are a bloody nuisance. Wanting immigrants to bring in whole families and shutting down Nuclear power plants. 

     

    What did that centrist party party disagree with?

    that could have turned out well, if the Greens had given up on their idiot immigration policy and CSU would have said yes to renewable energy.
    But political idiots are not only in England. You can truly find this species in every country.

  5. Just now, Grouse said:

    Well I certainly don't find the AfD amusing and I'm sure you don't either! It was good to fire some anti Muslim grape shot across the bows but I hope the Germans will go for stability now.

    I agree.
    The AFD is not as much to the right as the mass media claim.
    I am absolutely in favor of a controlled immigration.
    The Greens are a bit fool in that question, so that whole has burst.

  6. 12 minutes ago, Grouse said:

    http://www.bbc.com/news/uk-politics-42063664

     

    Another kick in the teeth!

     

    The UK is going downhill EXPONENTIALLY 

     

    Wouldn't want to upset the Indians now would we. Holy cow, there might be a trade deal in the offing!

     

    We don't care about our place in the world as long as we have trade! If I were a rich man....

    I like this.
    Exponentially.

    I always let my students draw simple curves first.
    Finally, then the multipled erivation of the optimal price in an oligopoly under combat conditions.

    • Haha 2
  7. 2 minutes ago, SheungWan said:

    A study of economics would refer you to the law of comparative advantage unless you wish to proceed down the road of protectionism.

     

    6 minutes ago, SheungWan said:

    A study of economics would refer you to the law of comparative advantage unless you wish to proceed down the road of protectionism.

    if you want to position me in economic policy, then in the middle.

  8. 2 minutes ago, aright said:

    Its simple they cannot reach an agreement therefore they have to vote again. Otherwise no governing body.

    What should they do. Draw lots or have a football shoot out?

     

    I think it's good to let people vote again after four weeks, until all the arguments are known and are pronounced .
     

  9. 1 minute ago, nauseus said:

    Are you going to stick to that premise?

    Absolute not.
    Real trade has many more facets.
    Logistics costs are big items for every company in reality economics.
    Same as import quotas, tariffs and import VAT.
    Recent macroeconomic research is currently more inclined to explain and calculate mathematical environmental influences.

  10. 15 minutes ago, nauseus said:

    As good a thread as any Bill. This is the kind of important news that remainers like to ignore completely. I tried already. 

    This is funny.
    In Germany they are prepared to vote again,  if no agreement can be reached.
    A concept that is not so common in the UK, I guess.

  11. On 20.11.2017 at 12:05 PM, Chomper Higgot said:

    Leaders of Britain's aerospace industry are giving evidence to parliament on the impact of Brexit on their businesses. 

     

    I take it we all accept that the leaders of this industry know more about the subject than anyone on this board. 

     

    So let's listen to what they have to say.

    Would be nice to learn something about the results.
    The airlines plan their flight plans (start rights, landing rights, slots and paperwork) 1 year and more in advance.
    I think that there are still some problems that are likely to kicking in soon.

  12. 1 hour ago, sandyf said:

    Exactly, regulatory equivalence is something that has yet to raise its head in the brexit debate.

    Many of the large pharmaceuticals are located in the UK because of the EMA, they may well be looking to Amsterdam now its been decided.

    That scares me more.
    How quickly the EU has given up the UK.
    1 year and 4 months before it is decided that the two EU institutions move without reserve.
    As an European, i does not understand, that the idea of an united Europe (include the UK and with all other 27 member states) is given up so quickly.
    Brexit so fast?
    Why?
    It simply lacks the time for necessary talks.

    • Like 1
  13. 2 minutes ago, Khun Han said:

     

    Fruit is cheaper from places like South America than it is from France and Spain (once you take out the punitive EU tariffs). And you might have noticed that manufactured goods are exponentially cheaper from asia (particularly China) than they are from Europe. So much so, that most of the west's marquee companies pay asian factories to manufacture their goods, then ship them to western countries re-branded and priced accordingly. Which shows that paticular 'rule' of gravity economics to be the load of <deleted> that it is.

    Well, I'm clapping my hands for joy.
    Why do not you explain that to the UK farmers?
    Why do not you explain that to the UK industry and everyone who works there and earns their living?
     

  14. 3 minutes ago, sandyf said:

    Quite, I remember the days of Certificates of Origin and Certificates of Conformance, not something we should go back to.

     

     

    To avoid this is certainly the goal of the negotiations.
    I also remember the paperwork well. At that time, for a good friend, I bought children's jeans clothes in Bangkok and imported them to Germany for their small shop.
    Have never seen before at the customs the thick book with the product groups and commodity numbers.
    A nightmare. In the end, we paid a lot of customs and import sales tax.
    The tariffs have also been different, depending on whether import quotas existed or not.
    If there is no agreement or transitional period, it will come  that the trade is severely hampered.
    That will be good for nobody.

    • Like 2
  15. 9 minutes ago, sandyf said:

    Estimate on the EMA relocation is likely to cost the UK 580 million Euros, but DD said it wouldn't happen. It is not just the loss of the agencies, the EMA is estimated at having over 35,000 visitors a year, all requiring food and accommodation.

     

    The agencies’ previous location in the UK recognised Britain’s role as a financial and pharmaceutical industry superpower within the EU. In April, Brexit Secretary David Davis wrongly said the agencies would be able to stay in Britain after Brexit.

    http://www.independent.co.uk/news/uk/politics/brexit-latest-netherlands-amsterdam-ema-benefit-eu-agencies-relocate-from-uk-london-european-council-a8066191.html

     

    The bill Britain must pay for moving the European Medicines Agency (EMA) from London after Brexit has soared to a staggering £520m, it has emerged.

    http://www.independent.co.uk/news/uk/politics/brexit-latest-news-european-medicines-agency-move-london-eu-cost-bill-520-million-nhs-europe-a7873226.html

     

    Furthermore, the UK is probably forced to build its own pharmaceutical control center to avoid that people may not have to eat rat poison tablets from dubious sources. The whole thing is quite research and staff intensive and therefore quite expensive. Normally sharing these costs with many countries makes sense. 

    • Like 1
    • Confused 1
  16. 19 minutes ago, Khun Han said:

     

    You must have missed Tomacht's rather 'out there' post, where he claimed that, for the classic model of economics to work properly, people would have to travel to point-of-sale to purchase (such as traveling to Spain to buy the cheapest vibrators). Go back and read it and see if you can make any sense of it. If you can, do the forum a favour and translate it into English.

    Oh dear,
    you have no glue about theoretical, macroeconomic models.
    You just do not know what a premise in an economic model is.
    No problems with space and distance bridging is one from five premises.
    And without realizing it, you certify the model from Minford, thus a rejection. Because exactly this example with Spain shows that his model is just a theoretical one.

  17. 4 minutes ago, nauseus said:

    By %/GDP countries higher debt than the UK are: Greece, Italy, Portugal, Cyprus, Belgium, Portugal, Spain and  France.

    Absolutely right.
    The representation of per capita debt is a good measure to understand the debt plastically.
    It is not that the UK is here in the forefront of debt-free states in Europe.
    BTW
    The UK contribution to the EU membership costs exactly 0.48% of the UK GDP

    • Like 1
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