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Extreme Brexit could be worse than financial crisis for UK: BoE


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1 hour ago, damascase said:

If a Member State of the EU doesn’t want a ‘Federal Europe’, all it has to do is to vote against it........... Of course, politicians don’t tell you that.

 

Leave politicians don't want the sheeple to know that on major decisions such as a federal Europe, European army etc., each and every member state has a veto; such decisions would happen only if it was unanimously agreed by all member states.

 

Which means, of course, that if the UK were still a member and voted against it, then it wouldn't happen; even if the other 26 voted for.

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5 minutes ago, RuamRudy said:

Can you see the obvious falacy in your opening comment?

 

I am staunchly working class and will support my fellow proles wherever I can - which makes me wonder why so many are willing to follow the lead of hedge fund sharks such as Rees Mogg, Farage, Banks etc. Do you honestly believe that these people want what is best for you? The very people who deliberately lied on referendum night to screw 300 million from the money markets on the back of a false claim for Remain?

 

Do you seriously think that Rees Mogg is going to push for workers' rights in the new post-EU workers' paradise? No - these people are the ones responsible for how sh!t the UK is now, and they are only going to make it worse. You have fallen for the seductive lies of the true villains in this piece.

 

Are you familiar with the EU Tax Avoidance Legislation that will take effect next year? Our friends mentioned above are potentially going to be badly affected if Brexit is derailed - that is the whole point of Brexit. Do you want to reconsider who is going to gain personally from this endeavour? 

 

Just because Farage and Mogg are pro leave doesn't mean I support them, despite being anti EU I never voted for UKIP, I also never voted for the Tories nor New Labour as their neoliberal agenda didn't represent my interests. The fact is that no party stands for workers rights anymore, the left represent big business and are pro immigration whereas the right represent big business but are anti immigration. 

 

But to say that workers will be worse off when we leave is a fallacy, we have elections every 5 years and can exert more control over our own government than we can over the EU. The EU is corporatist, pro-capitalist establishment run by the rich for the rich, what protects workers in Britain is nothing to do with the EU it's down to things like The Factory act 1948, Equal Pay act 1970 and holiday pay has been enshrined in UK law since 1938 ........ or at least it was, now not so much. 

 

Remainers have a very insular view they don't seem to look at the bigger picture, if these problems only happened in the UK it would be ridiculous to blame the EU and you could attribute them firmly to the Tories and New Labour. But they didn't only happen in the UK, de-unionisation and privatisation happened continent wide, we're all in the same boat, a sinking boat captained by Brussels. 

 

 "According to the International Labour Organisation (ILO) collective bargaining rights have fallen by an average of 21% across the ten EU countries hardest hit by the economic crisis, and have fallen by a massive 63% in Romania and 45% in Greece. The anti-trade union laws and polices passed and implemented in the UK are actually just regional versions of the articles laid down in the Lisbon Treaty. The message is clear: the EU is no place for trade unionists". 

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Perfectly reasonable comeback, but so much for 'sovereignty' if we flog off our utilities to foreigners.
If you don't have state institutions, you don't have a state...
Gatwick is a state institution? Really?

It's obviously a very important transport hub for Britain but I never knew it as being a publicly owned concern?

I am indeed against state institutions being "flogged off", but to me, unless there is a security issue, if you insist on flogging them off, then flog them off to someone who will do a good job of running whatever it is, don't just sell to locals.

I really don't think Gatwick being owned by some British company versus some French company is really going to impact Britain's sovereignty. Do you really think that?

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1 hour ago, owl sees all said:

You should take more notice of George Galloway; a real worker's man. A true democrat. Anti EU.

George Galloway, the man who would rally in a heartbeat for any region in the world seeking independence - apart from his own, which he actively seeks to undermine. 

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alternative ferries secured

 

UK government prepares for no deal Brexit

 

has spent some 110 million quid on contracts with ferry companies

 

UK-Seaborne + France-Brittany Ferries + Denmark-DFDS.

deals will facilitate 4000 lorries/week in addition to possibly overloaded Dover

 

so, no problem, Brie will arrive

 

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1 hour ago, owl sees all said:

You should take more notice of George Galloway; a real worker's man. A true democrat. Anti EU.

This would not be the same Gorgeous George  that  was accused of honey dipping the childrens  charity he set up in Iraq and sold off his house in a near half million quid /

A real working  class hero !

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2 hours ago, baboon said:

Perfectly reasonable comeback, but so much for 'sovereignty' if we flog off our utilities to foreigners.

If you don't have state institutions, you don't have a state...

which/what kind of facilities-businesses-utilities

would you like to see run by state/government?

 

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2 minutes ago, owl sees all said:

The people have voted. The old establishment is lost. All over Europe there is the same story. 

 

There is nothing wrong with a Europe Union! But the present model is rotten to the core and is doomed to failure.

 

GREAT Britain has got out just in time IMO.

 

I know the remoaners have to suck it up; that's what you get when you back the losing horse. but. I for one, can forgive them for the insularity.

 

Let's all pull together and make GB GREAT once more.

Well, the dollar is going to collapse in the next couple of days according to your prediction. Does that mean the pound will surge and make Brexit and easy success?

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2 minutes ago, owl sees all said:

The dollar is coming under extreme pressure. The Saudis are flogging their oil to Russia and getting Rubles in return. The world bond market is in deep trouble. Will not be long. 

 

Once we have left the EU hell-hole the pound will rebound.

The Saudis are selling their oil to Russia? Really? It's not surprising that you predicted the dollar's collapse by the end of 2018 if you believe that the Saudis are selling oil to Russia which is one of the world's biggest exporters of the stuff.

And you might be responsible enough to acknowledge that your prediction about the collapse of the dollar, couched as it was in such absolute terms, turns out to have been wrong. I'm betting that you will similarly evade responsibility when this bizarre prediction of yours about the pound turns out to be wrong as well.

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15 minutes ago, owl sees all said:

The dollar is coming under extreme pressure. The Saudis are flogging their oil to Russia and getting Rubles in return. The world bond market is in deep trouble. Will not be long. 

 

Once we have left the EU hell-hole the pound will rebound.

Forget Rubles. Russia is going to pay the Saudi oil with sand. 

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Exactly what I am doing. There are leavers and remainers of both the political right and left. I am of the left, but speaking for myself and the way I view the situation.
Can we just deal with one matter at a time please?

You asserted that Gatwick is a publicly-owned state institution, didn't you? It's kind of fundamental to the matter we are discussing. Sovereignty. You believe that Gatwick being under foreign ownership affects Britain's sovereignty. I agree if Gatwick is indeed a publicly-owned state institution. I just wasn't aware that it was.

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15 minutes ago, rixalex said:

Can we just deal with one matter at a time please?

You asserted that Gatwick is a publicly-owned state institution, didn't you? It's kind of fundamental to the matter we are discussing. Sovereignty. You believe that Gatwick being under foreign ownership affects Britain's sovereignty. I agree if Gatwick is indeed a publicly-owned state institution. I just wasn't aware that it was.

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No I did not. I am asserting that from a Brext point of view, Gatwick, rail, water, electricity or whatever else should be in British hands. That is, if we truly value our sovereignty. Or why else leave the EU on the basis of this 'Getting our country back' argument?

 

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