Popular Post Logosone Posted February 3, 2020 Popular Post Share Posted February 3, 2020 49 minutes ago, codebunny said: Japan is not a stronger economy... they've been in stagflation for decades... Germany is in recession, haven't you heard? that's not really a reason is it... what you'll need is evidence... bring it.... Do you understand how profitable services are? Are you suggesting that people who work in service industries are lesser people and their careers are of less value than whom? Do you understand that most immigrants from the EU working in the UK work in service sector jobs? Are you hostile to these people? Which is it? Prove it... Prove it... Prove it... Prove it... Are you a financier now? Do you even understand what any of that means? Japan is not a stronger economy than the UK? On what planet is this? If Japan is not a stronger economy why is its GDP almost twice that of the UK? Why do the British lie awake at night praying that Toyota does not close its plants in the UK? Why are posters here ecstatic after reading the (false) report that Nissan would stay in the UK? Only to find out the exact opposite a few hours later. The self-delusion is tragic. Germany is not in recession, actually. https://www.bbc.com/news/business-50419127 Services are so profitable? Tell that to Arthur Anderson, Barings Bank, Lehman Brothers and Dewey & LeBoeuf, tell it to Coudert Brothers. Services are very risky. Not just for the providers, but for everyone, as the 2008 financial crisis showed when US and UK law firms dragged us all into recession because of their fast and lose securitisation frankenstein models. I have worked as a service provider myself in the City of London. And I know very well what it means when Moodys downgrades the UK's credit rating to Aa2 with negative outlook. 6 Link to comment Share on other sites More sharing options...
billd766 Posted February 3, 2020 Share Posted February 3, 2020 (edited) 5 hours ago, natway09 said: Let Boris party for another 2 weeks then start realizing that this is not a poker game & he certainly does not have a full house. The EU needs to trade with the the UK for the next 2 years, the UK will need the EU for the next 8 at least. You are absolutely correct. The UK does need to trade with the EU but it does NOT need to be ruled by the EU. AFAIK Boris and the UK negotiators are quite happy to do just that. But if the EU want too much for a deal that the UK can get elsewhere cheaper, then that is where the UK should go. If the EU slaps tariffs on some UK goods then the UK has the right to do the same to the EU tariffs. Edited February 3, 2020 by billd766 edited for bad spelling after I had posted, again. 2 Link to comment Share on other sites More sharing options...
puipuitom Posted February 3, 2020 Share Posted February 3, 2020 3 hours ago, codebunny said: Japan is not a stronger economy... they've been in stagflation for decades... Germany is in recession, haven't you heard? Again a Brit, who cannot read nor search on Internet: 1) https://markets.businessinsider.com/news/stocks/german-gdp-economy-grew-01-in-3rd-quarter-avoids-recession-2019-11-1028688230 shows that GDP increased 0.1% in the third quarter. The German economy shrank 0.2% in the second quarter. Whow… these make difference.. + 0,1% or -0,2%... a HELL of a difference… 2) https://seekingalpha.com/article/4305363-japan-news-from-land-of-stagflation.. Japan is still experiencing growth. With a GDP Japan's economy, the third largest in the world behind the United States and China, grew at an annualized rate of 1.8 percent in the second quarter of 2019, according to data released on Friday by the country's cabinet. The figure exceeded economists' expectations, which had been tempered by slowing global demand.8 aug. 2019 www.nytimes.com › 2019/08/08 › business › japan-economy GDP figure in 2018 was $4,971,767 million = 1,75 x as much as the UK. GDP per capita of Japan in 2018 was $39,293 2019-11-11 Britain's economy grew 0.3 percent in the third quarter of 2019, recovering from a 0.2 percent contraction in the previous three-month period GDP figure in 2018 was $2,828,833 million. GDP per capita of United Kingdom in 2018 was $42,580 Link to comment Share on other sites More sharing options...
bannork Posted February 3, 2020 Share Posted February 3, 2020 The steady hand of the skipper at the helm of the UK's departure from the EU. William and Mary? The Dutch win! Link to comment Share on other sites More sharing options...
puipuitom Posted February 3, 2020 Share Posted February 3, 2020 20 minutes ago, billd766 said: You are absolutely correct. The UK does need to trade with the EU but it does NOT need to be ruled by the EU. AFAIK Boris and the UK negotiators are quite happy to do just that. But if the EU want too much for a deal that the UK can get elsewhere cheaper, then that is where the UK should go. If the EU slaps tariffs on some UK goods then the UK has the right to do the same to the EU tariffs. No country is RULED by the EU. Why you British did not learn anything how the EU works ? First of all: the EU Parliament, with elected representatives of each member state. Not so much influence. 2) The EU Commission, with a commissioner from each EU member state. As president: Von der Leyen ( in the part: Juncker). Are allowed to do investigation, proposals etc. Kind of council of minsters. 3) EU Council, existing of the leader of government of each EU member state, and in fact the only one with power. President: Michel. In the past: Tusk. Even when the EU Parliament wanted THEIR "Spitzenkandidat" as president of the Commission, it failed completely, as.,. the EU P has NOTHING to say about who will be elected by the EU Council as president of the Committee. In that Council always the Prime Minister of the UK was one of the members, so, if he/she did NOT agree, nothing would happen. 1 Link to comment Share on other sites More sharing options...
puipuitom Posted February 3, 2020 Share Posted February 3, 2020 31 minutes ago, billd766 said: You are absolutely correct. The UK does need to trade with the EU but it does NOT need to be ruled by the EU. AFAIK Boris and the UK negotiators are quite happy to do just that. But if the EU want too much for a deal that the UK can get elsewhere cheaper, then that is where the UK should go. If the EU slaps tariffs on some UK goods then the UK has the right to do the same to the EU tariffs. The EU - in case of a "not sufficient deal" - will levy the normal WTO-tariff for "third countries", see https://ec.europa.eu/taxation_customs/dds2/taric/taric_consultation.jsp?Lang=en As we live already for many centuries in a free world economy, everyone is free to buy/sell where he/she believes to get the best bargain. Link to comment Share on other sites More sharing options...
puipuitom Posted February 3, 2020 Share Posted February 3, 2020 3 hours ago, Morty T said: The real issue here is that the EU just lost their military arm, now who is going to send troops when the liberals in the EU try to impose one of their fantasy support missions, the Germans 5555 Since when the EU ever had anything what looks like a "military... wheatever ? All military activities were done OR under NATO or a temporary Alliance of nations. NEVER any involvement of the EU. Not in Africa, Iraq, Afghanistan, Syria, Balkan whatsoever. Time you learn to read ! 1 Link to comment Share on other sites More sharing options...
Scott Posted February 3, 2020 Share Posted February 3, 2020 Please keep it civil or face a suspension. Link to comment Share on other sites More sharing options...
TheDark Posted February 3, 2020 Share Posted February 3, 2020 3 hours ago, billd766 said: You are absolutely correct. The UK does need to trade with the EU but it does NOT need to be ruled by the EU. AFAIK Boris and the UK negotiators are quite happy to do just that. But if the EU want too much for a deal that the UK can get elsewhere cheaper, then that is where the UK should go. If the EU slaps tariffs on some UK goods then the UK has the right to do the same to the EU tariffs. If you stop and read this text again, after reading it couple of times. How does it sound like? For me it starts to sound like religion. Ism. The internal need to believe in something. Pretty much anything if Brexism is the way to go. For Europe, it's pretty difficult to reason and reach a deal with fundamentalists. So, no-deal Brexit it is. 1 Link to comment Share on other sites More sharing options...
Popular Post CG1 Blue Posted February 3, 2020 Popular Post Share Posted February 3, 2020 20 hours ago, webfact said: "If Great Britain wants to establish outside the European Union a sort of 'Singapore-on-Thames', we would be against it," French Foreign Minister Jean-Yves Le Drian said I love seeing these statements from EU'ers, about what they would be against, and what the UK can and can't do. Because they no longer have the power to tell us what we can and can't do ???? 2 1 Link to comment Share on other sites More sharing options...
Popular Post TheDark Posted February 3, 2020 Popular Post Share Posted February 3, 2020 1 minute ago, CG1 Blue said: I love seeing these statements from EU'ers, about what they would be against, and what the UK can and can't do. Because they no longer have the power to tell us what we can and can't do ???? I believe now EU as well as all the countries are better able to tell what UK can or can not do. The trade negotiations are starting and each side will project it's power towards other. There also will be international courts, which's rulings UK has to abide. That is if UK wishes to conclude trade deals with others. It would be quite unfair to let either party to rule the cases in their national courts. 1 2 Link to comment Share on other sites More sharing options...
CG1 Blue Posted February 3, 2020 Share Posted February 3, 2020 19 hours ago, samran said: 555 - cheering on the self inflicted imposition of customs checks and bureaucracy on your own businesses and the resulting higher costs to consumers and calling it ‘sovereignty’. I’m not sure what Australia-EU FTA they are talking about. There is no such thing. Both sides have been in talks for a number of years, but nothing has been finalized. So much for your 11 month deadline! I believe they were referring to the EU/Australian Partnership Framework, which is basically collaboration in many areas, including making trade in certain sectors easier. Sometimes referred to as WTO+. Not much better than no deal, but a damn sight better than remaining under the control of EU rules & regs. 1 1 Link to comment Share on other sites More sharing options...
CG1 Blue Posted February 3, 2020 Share Posted February 3, 2020 14 hours ago, welovesundaysatspace said: Recent news about the UK wanting to tax multinational tech companies for digital services. Quickly called off by the big daddy across the Atlantic. I thought the UK are going ahead with the Digital Services Tax, despite the US objecting? It was France / Macron who backed down to the US. 1 Link to comment Share on other sites More sharing options...
Popular Post Loiner Posted February 3, 2020 Popular Post Share Posted February 3, 2020 10 hours ago, Chomper Higgot said: And you’ve got many examples to share. Yes, there are plenty. Many of which have been given on these boards before, so I'm not going to dance for you. I'll just point out how wrong you are with one simple example: Factories of British products 'poached' from the UK with EU subsidies. See - you are wrong again. 3 Link to comment Share on other sites More sharing options...
Loiner Posted February 3, 2020 Share Posted February 3, 2020 8 hours ago, puipuitom said: Just search in Google: IN THE 1970s, Britain was dubbed “the sick man of Europe”, a role previously played by the Ottoman empire in the late 19th century. ... The reason Britain joined what was then the EEC in 1973 (at the third attempt) was, in large part, a desperate attempt to find a way of forcing the country to become more competitive.19 jul. 2017 https://www.economist.com/buttonwoods-notebook/2017/07/19/britain-back-to-being-the-sick-man-of-europe Thanks to the EEC ( and since the ratification of the Lisbon treaty by the UK parliament member of the successor: the EU) , the UK is economically still alive. Then, over the next 47 years, the EU further contributed to the decline of those ailing and subsequently competitive UK industries. 2 Link to comment Share on other sites More sharing options...
vinny41 Posted February 3, 2020 Share Posted February 3, 2020 The EU Risks Tariffs on €47 Billion Without a Brexit Trade Deal Germany is poised to take the biggest blow, with €18.8 billion of its goods potentially subject to tariffs—about as much as the combined value of close U.K. trade partners Belgium, Spain, Netherlands and France. The €17.5 billion of autos Germany shipped to the U.K. in 2018 would incur levies from 10% to 16%, adding €1.8 billion to the cost of doing business. Automobiles—including cars, heavy-goods vehicles and motorcycles—are by far the largest category by trade value targeted, making up more than 77% of would-be tariffable 2018 exports and affecting every member country. https://www.bloomberg.com/graphics/2020-no-deal-brexit-trade-tariffs-european-union/ 1 1 Link to comment Share on other sites More sharing options...
gk10002000 Posted February 3, 2020 Share Posted February 3, 2020 Go British Pound go! Rise like the Pheonix! 1 Link to comment Share on other sites More sharing options...
Popular Post vinny41 Posted February 3, 2020 Popular Post Share Posted February 3, 2020 Over 1000 EU financial firms planning to open UK offices after Brexit More than 1000 banks, asset managers, payments firms and insurers from the European Union are planning to open offices in post-Brexit Britain so they can continue to serve UK clients. By October last year 1,441 EU-based firms had applied to the Financial Conduct Authority (FCA) for temporary permissions to operate in the UK after Brexit, according to figures obtained via a Freedom of Information request from regulatory consultancy Bovill. Over 1,000 of these firms do not currently have an office in the UK, suggesting they intend to establish their first office after the UK’s departure from the EU on 31 January. https://www.cityam.com/over-1000-eu-financial-firms-planning-to-open-uk-offices-after-brexit/ 2 1 Link to comment Share on other sites More sharing options...
bannork Posted February 3, 2020 Share Posted February 3, 2020 3 hours ago, vinny41 said: The EU Risks Tariffs on €47 Billion Without a Brexit Trade Deal Germany is poised to take the biggest blow, with €18.8 billion of its goods potentially subject to tariffs—about as much as the combined value of close U.K. trade partners Belgium, Spain, Netherlands and France. The €17.5 billion of autos Germany shipped to the U.K. in 2018 would incur levies from 10% to 16%, adding €1.8 billion to the cost of doing business. Automobiles—including cars, heavy-goods vehicles and motorcycles—are by far the largest category by trade value targeted, making up more than 77% of would-be tariffable 2018 exports and affecting every member country. https://www.bloomberg.com/graphics/2020-no-deal-brexit-trade-tariffs-european-union/ German trade with the UK comprises 6.6% of its exports. 2.6% of its GDP. UK trade with the EU comprises 45% of its exports, 8% of its GDP. 1 1 Link to comment Share on other sites More sharing options...
samran Posted February 3, 2020 Share Posted February 3, 2020 4 hours ago, CG1 Blue said: I love seeing these statements from EU'ers, about what they would be against, and what the UK can and can't do. Because they no longer have the power to tell us what we can and can't do ???? Singapore on Thames would be great actually. It would supercharge the economy of the South East leaving the rest of the English economy even more moribund than it now is. The turkeys would have really voted for Christmas then... 1 Link to comment Share on other sites More sharing options...
vinny41 Posted February 3, 2020 Share Posted February 3, 2020 30 minutes ago, bannork said: German trade with the UK comprises 6.6% of its exports. 2.6% of its GDP. UK trade with the EU comprises 45% of its exports, 8% of its GDP. UK imports from the EU were £357 billion (53% of all UK imports). Link to comment Share on other sites More sharing options...
Popular Post bannork Posted February 4, 2020 Popular Post Share Posted February 4, 2020 3 hours ago, gk10002000 said: Go British Pound go! Rise like the Pheonix! Fallen already mate after Johnson announced his hardline approach to the EU. I don't know what the British public are gonna feel like when they realise Johnson has ordered a minimum 5% cut in spending across all departments barring health, crime and regional inequality after 10 years of Tory austerity already. Seems like there's no money spare after all. https://www.politicshome.com/news/uk/political-parties/conservative-party/news/109485/sajid-javid-orders-ministers-find-5-cuts 2 1 Link to comment Share on other sites More sharing options...
englishoak Posted February 4, 2020 Share Posted February 4, 2020 (edited) The Boris statement and vision in full is available now. Cant seem to link it but its on yt Edited February 4, 2020 by englishoak Link to comment Share on other sites More sharing options...
bannork Posted February 4, 2020 Share Posted February 4, 2020 9 minutes ago, englishoak said: The Boris statement and vision in full is available now. Cant seem to link it but its on yt Reporters have boycotted a briefing on Boris Johnson's Brexit plans after Downing Street ordered senior journalists from some of the UK's major news organisations to leave. https://www.theneweuropean.co.uk/top-stories/journalists-boycott-number-10-briefing-on-brexit-1-6496569 2 Link to comment Share on other sites More sharing options...
Popular Post englishoak Posted February 4, 2020 Popular Post Share Posted February 4, 2020 (edited) 18 minutes ago, bannork said: Reporters have boycotted a briefing on Boris Johnson's Brexit plans after Downing Street ordered senior journalists from some of the UK's major news organisations to leave. https://www.theneweuropean.co.uk/top-stories/journalists-boycott-number-10-briefing-on-brexit-1-6496569 Yes I saw that, things have changed and Boris is not pandering to a biased EU centric press anymore nor does he have to... Boris isnt going anywhere the press is. Its going to have to get used to new rules with a strong gov who have a vision its not going to like or agree with. its long overdue and got far too used to spouting opinion rather than just reporting the news. They never complained while they had exclusive access and monopoly while others picked up the scraps now its their turn to get a taste and they are throwing their toys out the pram like spoiled brats. Time to flip the table and thats what Boris is doing, that imo is a good thing. The press and old guard are going to find out the people are in the main firmly behind Boris,the press will tow the line or find itself replaced by a much more palatable and tech savvy one. Roll on abolishing the TV licence, there is no way my old mum at 95 is going to be paying their crappy licence nor will the vast majority of OAPs.. its greed and hubris will be the death of it and good riddance i say. Edited February 4, 2020 by englishoak 3 Link to comment Share on other sites More sharing options...
Popular Post englishoak Posted February 4, 2020 Popular Post Share Posted February 4, 2020 1 hour ago, samran said: Singapore on Thames would be great actually. It would supercharge the economy of the South East leaving the rest of the English economy even more moribund than it now is. The turkeys would have really voted for Christmas then... Not if its distributed better and Boris does what hes promised, this is effectively day one with another 5 years at least to come. You assume Britain isnt going to change, I say there is NO other choice but to and im beginning to think just maybe Boris is going to do his best to make it actually happen... time will tell but this PM is by far the most learned, shrewd and smart cookie we have had in a long long time. 3 1 Link to comment Share on other sites More sharing options...
Chomper Higgot Posted February 4, 2020 Share Posted February 4, 2020 5 hours ago, Loiner said: Yes, there are plenty. Many of which have been given on these boards before, so I'm not going to dance for you. I'll just point out how wrong you are with one simple example: Factories of British products 'poached' from the UK with EU subsidies. See - you are wrong again. Oh, so you haven’t got examples to share. Link to comment Share on other sites More sharing options...
Chomper Higgot Posted February 4, 2020 Share Posted February 4, 2020 (edited) 13 minutes ago, englishoak said: Not if its distributed better and Boris does what hes promised, this is effectively day one with another 5 years at least to come. You assume Britain isnt going to change, I say there is NO other choice but to and im beginning to think just maybe Boris is going to do his best to make it actually happen... time will tell but this PM is by far the most learned, shrewd and smart cookie we have had in a long long time. Well he’s managed to con the working class to vote for his lies and easy promises, so yes he is a shrewd cookie. Now let’s see what he does in return. Edited February 4, 2020 by Chomper Higgot 1 1 Link to comment Share on other sites More sharing options...
Popular Post englishoak Posted February 4, 2020 Popular Post Share Posted February 4, 2020 (edited) 16 minutes ago, Chomper Higgot said: Well he’s managed to con the working class to vote for his lies and easy promises, so yes he is a shrewd cookie. Now let’s see what he does in return. Im as curious as you. but no hes not convinced just the working class my man hes got a good % of all the rest too. You fail to appreciate almost the entire Tory party is also behind him and a good chunk of the business community too. Those who make all the noise are im afraid the minority and it isnt working anymore, now the silent majority has spoken, it has its champion and so far hes not only standing firm but the more the MSM bleat and cry the more support he will gain and as confidence grows that silent majority will just get on with the job at hand. all Boris has to do is stay confident and strong or appear to, deliver only just some of his promises and the people will do the rest. im sure its a scary time for some but for most others its a very exiting one and the days of cannot, fear and doom and gloom are fading into the background pretty quickly, there is a buzz in the air i havnt noticed since the rise of Thatcher and i guess Blair. Its rather good to see a strong gov again and well overdue, Edited February 4, 2020 by englishoak 2 1 Link to comment Share on other sites More sharing options...
bannork Posted February 4, 2020 Share Posted February 4, 2020 4 minutes ago, englishoak said: Im as curious as you. but no hes not convinced just the working class my man hes got a good % of all the rest too. You fail to appreciate almost the entire Tory party is also behind him and a good chunk of the business community too. Those who make all the noise are im afraid the minority and it isnt working anymore, now the silent majority has spoken, it has its champion and so far hes not only standing firm but the more the MSM bleat and cry the more support he will gain and as confidence grows that silent majority will just get on with the job at hand. all Boris has to do is stay confident and strong or appear to, deliver only just some of his promises and the people will do the rest. im sure its a scary time for some but for most others its a very exiting one and the days of cannot, fear and doom and gloom are fading into the background pretty quickly, there is a buzz in the air i havnt noticed since the rise of Thatcher and i guess Blair. Its rather good to see a strong gov again and well overdue, There is no point in arguing with the faithful, let us just say time will tell. 1 1 Link to comment Share on other sites More sharing options...
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