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


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Posted
1 hour ago, Grouse said:

Do you mean vive la France (as in hurray for France) ? Viva is a Latin expression for a discussion about a degree or a Spanish word for long life? Or what? I'm not the spelling Gestapo, I just want understand your point.

 

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Posted (edited)
11 minutes ago, nauseus said:

Revoke A50? The only way I would go with that would be a revocation followed by an immediate retriggering. Otherwise forget it.

The purpose of the right to revoke A50 is for a country to remain when it has changed its mind. Revoking A50 just to trigger it again shortly after could be seen by courts as acting in bad faith and abusing the right to revoke A50 to get an extension. The result could be that the revocation is being declared void meaning an immediate (and potential retrospective) hard Brexit. 

Edited by welovesundaysatspace
Posted
3 minutes ago, welovesundaysatspace said:

The purpose of the right to revoke A50 is for a country to remain when it has changed its mind. Revoking A50 just to trigger it again shortly after could be seen by courts as acting in bad faith and abusing the right to revoke A50 to get an extension. The result could be that the revocation is being declared void meaning an immediate (and potential retrospective) hard Brexit. 

Revoking A50 is nothing to do with an extension except if used with a retrigger. And who could declare a retrigger void? 

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Posted
10 minutes ago, nauseus said:

Revoking A50 is nothing to do with an extension except if used with a retrigger. And who could declare a retrigger void? 

The ECJ if it judges the revocation an act of bad faith to gain an extension rather than having the honest intention to remain.  It has ruled that a revocation should be "unequivocal and unconditional". 

Posted
1 hour ago, aright said:

It's important to remember the French have always been there when they needed us!

usual rubbish,the amount of times they are on strike would tell you they dont

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Posted
24 minutes ago, welovesundaysatspace said:

The ECJ if it judges the revocation an act of bad faith to gain an extension rather than having the honest intention to remain.  It has ruled that a revocation should be "unequivocal and unconditional". 

Think about it some more. Until tomorrow.

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Posted
9 hours ago, Thairealist said:

Yet you do not beleive in Democracy, as shown for your contempt of the referendum result. Or are you so gullible.

 I do believe in democracy, and for a long time repeatedly said I accepted the referendum result.

 

But as time went on and as Parliament showed itself to be incapable of making a decision I came to believe that the decision should be put back into the hands of the people.

 

Do you honestly believe that Parliament will have made the decision by June 30th? Not while Corbyn and his crew play party politics over Brexit it wont.

 

 

Posted (edited)
9 hours ago, Krataiboy said:

You need a lesson in literary economics. But at least you enable me to save on sleeping pills.

 

This is a complex subject. The facts, variables and ramifications cannot be explained or discussed in a short, monosyllabic sentence; no matter how often certain Brexiteers here try.

 

If it bores you then perhaps you should find something else with which to amuse yourself.

Edited by 7by7
Posted
6 hours ago, evadgib said:

You naughty boy 49; Pretending not to have registered the true meaning of constructive criticism that was offered in (fairly) good faith under a white flag ????

Constructive criticism?

 

When you made no attempt to counter any of the points I raised! But perhaps that's because you can't.

 

You seem to believe that members here can't understand lengthy written information and need a talking head to explain it to them. Well, based on his comments, in the case of @Krataiboy that does appear to be true.

 

But I believe most are more than capable of reading a lengthy piece of prose and then forming an opinion on it's contents.

 

Posted
8 hours ago, nauseus said:

Attached is the FUTURE OF EUROPE: European Parliament sets Out Its Vision from 2017.

 

Look at the Parliament, Junker and Macron statements, especially regarding defence, PESCO, defence union, military structures, defence budget, civil protection force, taxation, EMF and Euro (especially what Marcon said), banking union. So much for no EU Army!

 

I see they are concerned about youth, universities and ERASMUS etc..............but not a word about solving the 30-40% youth unemployment in southern Europe. They are a bunch of total winkers!

EU Parliament Vision.pdf 6.58 MB · 4 downloads

Thank you for that, at first glance it's an interesting read; even though it probably did put a certain member to sleep and another would prefer a talking head to explain it all.

 

Unfortunately, I don't have time to read it properly at present; so I hope you'll allow me time to get back to you on details of it's contents.; probably at the weekend.

 

But at first glance it looks very much like the type of policy paper produced by UK government departments by the skip full each Parliament for consideration by their Secretary of State and, maybe, Cabinet. Most of which never come to anything and are ditched.

 

In other words, just because something is in this paper, doesn't mean it will happen. It would take the democratic vote of the European Parliament at least, possibly the consent of all heads of state, for anything in this document to do so. 

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Posted (edited)

Brexit..... the unspeakable chasing the unachievable .......

 

"From the first hour, Brexiters painted “a wholly unrealistic picture. The belief that ‘WTO rules’ will save you, if sovereignty is shared it’s somehow not real … These are fundamental misunderstandings.” - Grauniad

Edited by wilcopops
Posted
1 hour ago, sanemax said:

Only when he sees Diane Abbot speaking seductively, slurring her words like shes drunk 

Seems we do agree on something!!!

Posted

Lets not forget that Brexiteers are in reality a tiny minority when it comes to the EU. What is unfortunate is the EU presumably out of respect for "sovereignty" has failed so far to stomp on them completely.

The USA did this to the Confederates years ago and it made their union stronger.

'Bout time the Brexit movement was quashed and sent packing too.

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Posted
8 hours ago, nauseus said:

Attached is the FUTURE OF EUROPE: European Parliament sets Out Its Vision from 2017.

 

Look at the Parliament, Junker and Macron statements, especially regarding defence, PESCO, defence union, military structures, defence budget, civil protection force, taxation, EMF and Euro (especially what Marcon said), banking union. So much for no EU Army!

 

I see they are concerned about youth, universities and ERASMUS etc..............but not a word about solving the 30-40% youth unemployment in southern Europe. They are a bunch of total winkers!

EU Parliament Vision.pdf 6.58 MB · 6 downloads

your 30-40% stats are from around 3 years ago,they must of done something as its down to 15-20%, not that it has anything to do with us Brits,my partner assures me that the people that want work in portugal always manage to find it,you see its not just benefit scroungers in the UK they are everywhere,remember the stories in the sun a few years ago about them even getting as far away as pattaya

Posted
11 minutes ago, tebee said:

Brexit: 90% say handling of negotiations is 'national humiliation' - Sky Data poll

 

https://www.channel103.com/news/uk-politics/brexit-90-say-handling-of-negotiations-is-national-humiliation-sky-data-poll/

be prepared its the future for the next 20-30 years,scotland and NI will be brexit parts 2 and 3 then add almost no chance of a majority govt at the next GE,trade deals and trying to save jobs will be bottom or the list of things to do.Pleased i wont be in the UK to witness it

Posted
1 minute ago, sanemax said:

So, whats the current situation ?

UK Parliament cannot agree on anything .

E.U refusing to give an extension , unless the U.K Parliament agrees on something .

No time to change the leave law .

Looks like the UK is heading out of the E.U as planned on the 29 th 

So, its either accept the acknowledged bad deal on offer , or leave with no deal .

Better if we leave with no deal , suffer a bit of temporary hardship and rebuild the Country

the country didnt need rebuilding as you lot keep telling us,low unemployment,steady growth,nissan,toyota were all bluffing,it WILL need rebuilding in about 3-5 years when the economy has sunk as far as it can go,then another 5-10 years and probable rejoining of the EU to get back to where we were,temporary is not 3-6 months,the effects will take 6-12 months to register the first blip.

Posted
9 minutes ago, bomber said:

the country didnt need rebuilding as you lot keep telling us,

It will need rebuilding, once we've left the E.U though .

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Posted
45 minutes ago, sanemax said:

It will need rebuilding, once we've left the E.U though .

quite correct it will all fall down,quicker than any whores knickers

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Posted
5 hours ago, bomber said:

corbyn is coming.

Ha ha, he can't attend a meeting because an Labour MP is there. Obviously there wasn't enough terrorists in the room for him. A shambolic leader of the Labour party.

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Posted
6 hours ago, bomber said:

your 30-40% stats are from around 3 years ago,they must of done something as its down to 15-20%, not that it has anything to do with us Brits,my partner assures me that the people that want work in portugal always manage to find it,you see its not just benefit scroungers in the UK they are everywhere,remember the stories in the sun a few years ago about them even getting as far away as pattaya

Are you sure this report which was published in 2015 indicates there was  6,210 Portuguese nationals claiming UK JSA

https://www.theguardian.com/uk-news/2015/jan/19/-sp-thousands-britons-claim-benefits-eu

 

The 2001 UK Census recorded 36,555 Portuguese-born people resident in the UK. More recent estimates by the Office for National Statistics put the figure at 107,000in 2013. The 2011 Census recorded 88,161 Portuguese-born residents in England and Wales.

UK Employment

Figures published by the Office for National Statistics show that in the three months to June 2008, 82.8 per cent of working-age Portuguese-born men were in employment. The figure for women was 68.8 per cent. The unemployment rate was 7.4 per cent for men and 9.8 per cent for women.[19] 10.5 per cent of Portuguese-born men and 23.8 per cent of Portuguese-born women were economically inactive (this figure includes students, carers and the long-term sick, injured or disabled).[19][20]

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