Looks like Article 50 is in for a very rough ride? Nice to see Parliament '"taking back control" of our democracy from the hands of those that seek to railroad us down the "hard" Brexit path.

 

 

Just now, AlexRich said:

Looks like Article 50 is in for a very rough ride? Nice to see Parliament '"taking back control" of our democracy from the hands of those that seek to railroad us down the "hard" Brexit path.

 

 

Now the interesting question is whether the government wishes to challenge this ruling to the Supreme Court.

Hooray!

 

Parliamentary sovereignty!

 

Sterling has jumped 2 cents on the news.

 

Just Rejoice!!!

6 minutes ago, Grouse said:

Hooray!

 

Parliamentary sovereignty!

 

Sterling has jumped 2 cents on the news.

 

Just Rejoice!!!

Evil Speculators!

Anyway, good news from the Bank of England, which hammers another nail in Project Fear's coffin (is that predicted recession going to happen in this century ?):

 

http://www.bbc.co.uk/news/business-37860880

 

I must have misunderstood the remainers' definition of stagflation.

http://qz.com/825763/even-after-taking-in-a-million-migrants-germany-has-nearly-700000-open-job-vacancies/

A few things to learn from the European powerhouse.


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3 hours ago, Khun Han said:

 

Christ! And I thought my Blackpool story link was scraping the unintended humour barrel!

Those things are only edible with lots of mustard to spice them up, otherwise there's  just too much stodge. Good dog food though.

41 minutes ago, Khun Han said:

Anyway, good news from the Bank of England, which hammers another nail in Project Fear's coffin (is that predicted recession going to happen in this century ?):

 

http://www.bbc.co.uk/news/business-37860880

 

I must have misunderstood the remainers' definition of stagflation.

 

What remainer mentioned stagflation?

 

Anyone on here? I guess you have the quote and citation? 

Just now, AlexRich said:

 

What remainer mentioned stagflation?

 

Anyone on here? I guess you have the quote and citation? 

 

Grousey. 

 

Although I agreed with him, but only because it was coming anyway.

1 hour ago, Khun Han said:

Anyway, good news from the Bank of England, which hammers another nail in Project Fear's coffin (is that predicted recession going to happen in this century ?):

 

http://www.bbc.co.uk/news/business-37860880

 

I must have misunderstood the remainers' definition of stagflation.

 

Stagflation is slow growth with increased inflation.

 

This is what is forecast

 

What do you not understand about that?

20 minutes ago, Grouse said:

 

Stagflation is slow growth with increased inflation.

 

This is what is forecast

 

What do you not understand about that?

 

Decent effort, but needs to try harder.

 

http://www.dictionary.com/browse/stagflation

 

 

https://en.oxforddictionaries.com/definition/stagflation

 

http://www.merriam-webster.com/dictionary/stagflation

 

"lack of growth"  "stagnant demand"  "businesses not very successful"

 

Hardly what the BoE has forecast, is it?

45 minutes ago, Khun Han said:

 

Decent effort, but needs to try harder.

 

http://www.dictionary.com/browse/stagflation

 

 

https://en.oxforddictionaries.com/definition/stagflation

 

http://www.merriam-webster.com/dictionary/stagflation

 

"lack of growth"  "stagnant demand"  "businesses not very successful"

 

Hardly what the BoE has forecast, is it?

 

 

It's exactly that.

 

Do you not agree that inflation will rocket?

 

Do you not agree that growth is dismal?

 

" You're not singing any more!"

1 hour ago, Grouse said:

 

Stagflation is slow growth with increased inflation.

 

This is what is forecast

 

What do you not understand about that?

 

More likely biflation.

6 minutes ago, Grouse said:

 

 

It's exactly that.

 

Do you not agree that inflation will rocket?

 

Do you not agree that growth is dismal?

 

" You're not singing any more!"

 

No, I don't agree that growth is dismal. It's ok now, and forecast by the BoE to be better than expected next year.

 

Stagflation is no growth or worse (hint: that's the 'stag' bit of the word- stagnation).

 

It'd be a lot easier to just admit you were wrong about this. It only requires swallowing a little bit of pride, and then everybody can and will move on quickly.

Hmmm, interesting, I wonder what chance now that Parliament will vote in favor of Brexit given the experiences to date, despite the will of (only just a majority of) the people? I'm guessing Brexit could all quite easily get shelved.

7 minutes ago, MJP said:

 

More likely biflation.

 

Quite possibly.

2 minutes ago, Khun Han said:

 

No, I don't agree that growth is dismal. It's ok now, and forecast by the BoE to be better than expected next year.

 

Stagflation is no growth or worse (hint: that's the 'stag' bit of the word- stagnation).

 

It'd be a lot easier to just admit you were wrong about this. It only requires swallowing a little bit of pride, and then everybody can and will move on quickly.

 

I'm afraid the dictionaries are wrong, you need to look to as different type of dictionary for the answer:

 

What is 'Stagflation'

A condition of slow economic growth and relatively high unemployment – economic stagnation – accompanied by rising prices, or inflation, or inflation and a decline in Gross Domestic Product (GDP). Stagflation is an economic problem defined in equal parts by it’s rarity and by the lack of consensus among academics on how exactly it comes to pass.

 

http://www.investopedia.com/terms/s/stagflation.asp

21 minutes ago, chiang mai said:

 

I'm afraid the dictionaries are wrong, you need to look to as different type of dictionary for the answer:

 

What is 'Stagflation'

A condition of slow economic growth and relatively high unemployment – economic stagnation – accompanied by rising prices, or inflation, or inflation and a decline in Gross Domestic Product (GDP). Stagflation is an economic problem defined in equal parts by it’s rarity and by the lack of consensus among academics on how exactly it comes to pass.

 

http://www.investopedia.com/terms/s/stagflation.asp

 

I wonder if KH will admit that he was wrong, swallow a bit of pride ... and then we can all move on quickly? No need to rub his nose in is there?

27 minutes ago, chiang mai said:

Hmmm, interesting, I wonder what chance now that Parliament will vote in favor of Brexit given the experiences to date, despite the will of (only just a majority of) the people? I'm guessing Brexit could all quite easily get shelved.

 

I very much doubt that. What does shift is the balance between hard and soft Brexit, but as to reverse the decision, no.

Looks like Brexit is on hold until this farce is over. The Government will take it to the Supreme Court, the risk being that another failure will make them look decidedly un-Parliamentarian.

 

If voted in Parliament there will be necessary compromises ... no hard Brexit for the three stooges ... and a proper debate on the implications of this adventure. 

 

Looks like the fun has only just begun. 

 

Why would GBP strengthen if Brexit is a wonderful thing for the UK economy?

On 10/22/2016 at 6:47 PM, vogie said:

Maybe have a word with the Mods, see if you can have a discussion group only catering for highly intelligent people like yourself, and let the rest of the plebs battle it out between ourselves?

 

      Quite  right .

19 minutes ago, AlexRich said:

Looks like Brexit is on hold until this farce is over. The Government will take it to the Supreme Court, the risk being that another failure will make them look decidedly un-Parliamentarian.

 

If voted in Parliament there will be necessary compromises ... no hard Brexit for the three stooges ... and a proper debate on the implications of this adventure. 

 

Looks like the fun has only just begun. 

 

Why would GBP strengthen if Brexit is a wonderful thing for the UK economy?

 

I suppose because it lessens the chances of a hard Brexit and introduces the possibility of a less risky soft Brexit.

All those that are of the opinion that legalities have no part to play in the process should think again. There was a very good reason why Article 50 has not been invoked and it had nothing to do with choice.

 

Theresa May wants to trigger Article 50 of the Lisbon Treaty by invoking the Royal Prerogative – the power of the monarch vested in the Prime Minister. While the High Court ruled this would be illegal, the Government now plans to appeal to the Supreme Court.

http://www.independent.co.uk/news/uk/politics/brexit-legal-challenge-theresa-may-english-civil-war-constitution-lawyer-a7395586.html

6 hours ago, sandyf said:

All those that are of the opinion that legalities have no part to play in the process should think again. There was a very good reason why Article 50 has not been invoked and it had nothing to do with choice.

 

Theresa May wants to trigger Article 50 of the Lisbon Treaty by invoking the Royal Prerogative – the power of the monarch vested in the Prime Minister. While the High Court ruled this would be illegal, the Government now plans to appeal to the Supreme Court.

http://www.independent.co.uk/news/uk/politics/brexit-legal-challenge-theresa-may-english-civil-war-constitution-lawyer-a7395586.html

 

Without wanting to hurt you still have to take in consideration the total lack of enthusiasm of European leaders for UK come back in the EU.

 

Why even bother to have a member if reluctant, participant of end of the lips for his only immediate financial benefit?

 

Furthermore the British voted leave. The referendum clearly committed the country and was not merely advisory. Europe requires democracy among its member and not easily accept that a member violates an official ballot.

 

Therefore it is likely heading towards for a status like Norway. GB should retain the advantages of the market and pay roughly the equivalent of its earlier assessment. It will have no place on the board and also lose its veto.

 

This choice ultimately will arrange all, except some extreme outgoing. But as we have seen especially in this thread, their arguments are poor and less newsworthy.

49 minutes ago, sandyf said:

the Government now plans to appeal to the Supreme Court.

Ruling likely by early January.

http://money.cnn.com/2016/11/03/news/brexit-ruling-parliament-what-next/

 

12 hours ago, Khun Han said:

 

Christ! And I thought my Blackpool story link was scraping the unintended humour barrel!

Id say that comment just underlines how little you understand about the future issues facing the UK after  Brexit

Foreign Secretary Boris Johnson has said the UK will make a "Titanic success" of Brexit. -Independent 

 

this guy is the master of the Freudian slip

and was not merely advisory. ..get the facts straight

 

The referendum was merely advisory.....this is clearly set out in law...it was not the same as either the Scottish referendum or the original "in" referendum of the 1970s

 

Contrary to the apparent view of many Brexiteers, in the UK, parliament has soveriegnty

A post in violation of fair use policy has been removed. 

2 hours ago, cumgranosalum said:

and was not merely advisory. ..get the facts straight

 

The referendum was merely advisory.....this is clearly set out in law...it was not the same as either the Scottish referendum or the original "in" referendum of the 1970s

 

Contrary to the apparent view of many Brexiteers, in the UK, parliament has soveriegnty

 

I do not think that parliament will, under any circumstances, consider the referendum sufficiently 'advisory' to exercise a vote to reject Brexit. It is not going to happen. Full stop. However, where parliamentary sovereignty can be exercised in practice is over the terms of Brexit.