The 'No to the EU' campaign Vol 2
Discussion
zygalski said:
Keep it coming!
Sure. If you wish to disagree you can take this up with Iceland's PM who should be in an even better mood after last night. He thinks Brexit is good news, ripe with opportunity for the UK and neighbouring nations.Commenting on Brexit in an article the Icelandic PM for the last 20 years said:
This fundamentally changes the geopolitical situation in our part of the world. The North Atlantic neighboring countries will have a new role.
When Britain leaves the EU, we will see a triangle that covers a large part of the globe: Greenland, Iceland, the Faroe Islands, Norway - and now the United Kingdom. One just needs to look at a globe to see it.
The Arctic, or the far north, will have an increasingly central role. It is about trade, diplomacy, commodities and several other fields. We will not only become more important in a European context, but in a global context.
Brexit creates an opportunity that northern countries cannot afford to miss. The decision the Brits made creates a momentum, and we must make sure we create a system of close cooperation.
When Britain leaves the EU, we will see a triangle that covers a large part of the globe: Greenland, Iceland, the Faroe Islands, Norway - and now the United Kingdom. One just needs to look at a globe to see it.
The Arctic, or the far north, will have an increasingly central role. It is about trade, diplomacy, commodities and several other fields. We will not only become more important in a European context, but in a global context.
Brexit creates an opportunity that northern countries cannot afford to miss. The decision the Brits made creates a momentum, and we must make sure we create a system of close cooperation.
turbobloke said:
zygalski said:
Keep it coming!
Sure. If you wish to disagree you can take this up with Iceland's PM who should be in an even better mood after last night. He thinks Brexit is good news, ripe with opportunity for the UK and neighbouring nations.Commenting on Brexit in an article the Icelandic PM for the last 20 years said:
This fundamentally changes the geopolitical situation in our part of the world. The North Atlantic neighboring countries will have a new role.
When Britain leaves the EU, we will see a triangle that covers a large part of the globe: Greenland, Iceland, the Faroe Islands, Norway - and now the United Kingdom. One just needs to look at a globe to see it.
The Arctic, or the far north, will have an increasingly central role. It is about trade, diplomacy, commodities and several other fields. We will not only become more important in a European context, but in a global context.
Brexit creates an opportunity that northern countries cannot afford to miss. The decision the Brits made creates a momentum, and we must make sure we create a system of close cooperation.
When Britain leaves the EU, we will see a triangle that covers a large part of the globe: Greenland, Iceland, the Faroe Islands, Norway - and now the United Kingdom. One just needs to look at a globe to see it.
The Arctic, or the far north, will have an increasingly central role. It is about trade, diplomacy, commodities and several other fields. We will not only become more important in a European context, but in a global context.
Brexit creates an opportunity that northern countries cannot afford to miss. The decision the Brits made creates a momentum, and we must make sure we create a system of close cooperation.
"The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
zygalski said:
Great stuff. Iceland have a fantastic recent track record with regards to their own banking industry.
"The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
It's amazing how many people suddenly think they are financial experts because they can use Google search..."The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
sidicks said:
zygalski said:
Great stuff. Iceland have a fantastic recent track record with regards to their own banking industry.
"The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
It's amazing how many people suddenly think they are financial experts because they can use Google search..."The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
To now hold them up as a bastion of financial respectability seems a bit twisted.
jmorgan said:
I think peace happened after WWII and not because of the EU. The EU just happened along at the same time.
Er, After WWII troubles continued in Korea then we had VietNam war with British and French being involved in that (in the early stages as Saigon had been French colonial) then the Americans came in, there was also the Suez crisis, war in Egypt, Uganda, Arab countries, Falklands War. There was also Civil war in Yugoslavia with new countries being formed, the Eu had no idea how to deal with it and then NATO Stepped in with the Heavyweight USA. What is this Peace you talk of? turbobloke said:
You missed the best bit, we're on the road to leaving the EU.
I don't think the EU believe that or they'd be at the table. Instead they see Boris Johnson and calculate that he will never actually go through with submitting notification to trigger the process. In a way his is the worst treachery because there was no third option.For any negotiation to work you have to be willing to walk away. The EU sees that the Conservatives will buckle first and invalidate the referendum, just as Cameron did. Unless candidates campaigns to invoke Article 50 the EU will not come to the table in any serious way. The Conservatives need to double down on Brexit to make it work even if that means there is the possibility that not all in the Brexit camp will get what they want.
It's actually favorable in many ways for the EU to maintain the status quo. The UK renders itself politically impotent while in limbo over Article 50.
zygalski said:
sidicks said:
zygalski said:
Great stuff. Iceland have a fantastic recent track record with regards to their own banking industry.
"The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
It's amazing how many people suddenly think they are financial experts because they can use Google search..."The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
I certainly remember Iceland withdrawing their EU membership application recently, a sensible thing to do.
zygalski said:
Keep it coming!
There's more.Sharat Dhall president of travel portal Yatra said:
Brexit has resulted in a big drop in the value of the pound and if this trend remains then we could see a surge in leisure tourism to Britain, as it will become significantly cheaper.
Good news for exporters, good news for the tourist trade.
An interesting article in the Telegraph which argues how we are not as depdendent on the EU as they would like to think.
http://www.telegraph.co.uk/business/2016/06/28/now...
speedy_thrills said:
turbobloke said:
You missed the best bit, we're on the road to leaving the EU.
I don't think the EU believe that or they'd be at the table... zygalski said:
Great stuff. Iceland have a fantastic recent track record with regards to their own banking industry.
"The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
You may have wanted to complain about another country than Iceland..."The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic depression in 2008–2010 and significant political unrest."
Unlike the EU it has recovered very quickly from the economic crash. It's one of the fastest growing countries in Europe. It's interesting to compare it to Greece which has the support of the lovely EU...
http://www.worldfinance.com/infrastructure-investm...
And from elsewhere: "After the GDP contracted by 4% in the first three years the Icelandic economy was already back to growth summer 2011 and is now in its fifth year of economic growth. In 2015, Iceland became the first European country, hit by crisis in 2008-2010, to surpass its pre-crisis peak of economic output."
zygalski said:
Oh, how times have changed....
Indeed.zygalski said:
Keep it coming!
There's more.Brexit is good for freedom, good for growth.
http://www.cnbc.com/2016/06/25/brexit-the-uks-magn...
Link said:
My advice to investors is to ride out the short-term market volatility, which may last several months, and look instead at the long-term positives of political and economic freedom.
speedy_thrills said:
turbobloke said:
You missed the best bit, we're on the road to leaving the EU.
I don't think the EU believe that or they'd be at the table. Instead they see Boris Johnson and calculate that he will never actually go through with submitting notification to trigger the process. In a way his is the worst treachery because there was no third option.For any negotiation to work you have to be willing to walk away. The EU sees that the Conservatives will buckle first and invalidate the referendum, just as Cameron did. Unless candidates campaigns to invoke Article 50 the EU will not come to the table in any serious way. The Conservatives need to double down on Brexit to make it work even if that means there is the possibility that not all in the Brexit camp will get what they want.
It's actually favorable in many ways for the EU to maintain the status quo. The UK renders itself politically impotent while in limbo over Article 50.
Thing is, if it doesn't work then both the EU and British economy will be impacted more negatively (they lose money on their exports to us, we face uncertainty and high costs for tariffs etc). So it's a bit more of a high risk strategy.
zygalski said:
Keep it coming!
If you insist; here's something recent from the home front.Brexit is good news for start-ups.
Also the sharing economy is unfazed by Brexit according to PwC, and could bring £140bn to the UK by 2025.
http://www.cityam.com/244283/good-news-startups-sh...
NRS said:
I think the reason the EU is not wanting to talk informally is that it puts more pressure on us when there is only 2 years. We're the ones that will be hit more in the short term if no agreement is made, so it can be a negotiation strategy for them to try and get a better deal.
Thing is, if it doesn't work then both the EU and British economy will be impacted more negatively (they lose money on their exports to us, we face uncertainty and high costs for tariffs etc). So it's a bit more of a high risk strategy.
Article in my post above says:Thing is, if it doesn't work then both the EU and British economy will be impacted more negatively (they lose money on their exports to us, we face uncertainty and high costs for tariffs etc). So it's a bit more of a high risk strategy.
"First, don't obsess about access to the Europe market. In the first instance, Britain should go for the Norwegian model, with full access to the single market, in return for accepting most of its rules, and paying a more modest financial contribution to Brussels. But if Angela Merkel and François Hollande want to be difficult about that, then forget it. Our trade with the EU has been sinking like a stone for the last decade - down from 55pc of our exports to 44pc over the last 10 years. The very worst that can happen is the EU imposes tariffs of roughly 4pc on our goods. But since the pound has just devalued by around 8pc, companies exporting to Europe can easily absorb that and still cut prices. The most important move is to get the new trading arrangement sorted quickly and to start focusing on the rest of the world."
loafer123 said:
Article in my post above says:
"First, don't obsess about access to the Europe market. In the first instance, Britain should go for the Norwegian model, with full access to the single market, in return for accepting most of its rules, and paying a more modest financial contribution to Brussels. But if Angela Merkel and François Hollande want to be difficult about that, then forget it. Our trade with the EU has been sinking like a stone for the last decade - down from 55pc of our exports to 44pc over the last 10 years. The very worst that can happen is the EU imposes tariffs of roughly 4pc on our goods. But since the pound has just devalued by around 8pc, companies exporting to Europe can easily absorb that and still cut prices. The most important move is to get the new trading arrangement sorted quickly and to start focusing on the rest of the world."
Sound stuff."First, don't obsess about access to the Europe market. In the first instance, Britain should go for the Norwegian model, with full access to the single market, in return for accepting most of its rules, and paying a more modest financial contribution to Brussels. But if Angela Merkel and François Hollande want to be difficult about that, then forget it. Our trade with the EU has been sinking like a stone for the last decade - down from 55pc of our exports to 44pc over the last 10 years. The very worst that can happen is the EU imposes tariffs of roughly 4pc on our goods. But since the pound has just devalued by around 8pc, companies exporting to Europe can easily absorb that and still cut prices. The most important move is to get the new trading arrangement sorted quickly and to start focusing on the rest of the world."
zygalski said:
Oh. You don't remember the Icelandic banking industry disaster? No bells ringing? Really...
To now hold them up as a bastion of financial respectability seems a bit twisted.
As well as remember it, I actually understand it, which I why I question the relevance of something that happened 8 years ago to the current situation!To now hold them up as a bastion of financial respectability seems a bit twisted.
jonnyb said:
don4l said:
Zod said:
sidicks said:
Zod said:
don't agree. The majority of Leave voters (not all here, please note, before you get upset) voted for £350m per week for the NHS and restrictions on immigration, both of which have now been discounted by various Leave campaigners. For such voters, the niceties of being in or out of the EEA or EFTA or relying on WTO rules are not a concern.
Not trueYou told us that the EU had kept the peace in Europe, whereas, as we saw in the former Yugoslavia, it was NATO that kept the peace. The useless EU did nothing at all.
First, it's day 4 after the referendum. Who knows how meny jobs will be lost because of this. But jobs will be lost, and hardship caused.
Second, do you know any European history? Do you understand that we have been at each other's throats for the best part of 2000 years, if not more? Do you understand what a privilege it is not to have to pick up a weapon and fight for what you believe in? To be able to see your kids grow up in peace? And I don't mean the minor "wars" we have fought all over the globe since '45, but a full on European war? The European project has made peace on the continent a reality for 70 years. I, for one, hope it continues in that vain for at least another 70.
As for NATO and the Balkans, it one of the reasons the EU now wants an army, and it's a reason I agree with.
Edited by jonnyb on Monday 27th June 20:44
You lost.
sidicks said:
zygalski said:
Oh. You don't remember the Icelandic banking industry disaster? No bells ringing? Really...
To now hold them up as a bastion of financial respectability seems a bit twisted.
As well as remember it, I actually understand it, which I why I question the relevance of something that happened 8 years ago to the current situation!To now hold them up as a bastion of financial respectability seems a bit twisted.
zygalski said:
Keep it coming!
Righto. You’ll like this one.Brexit is good news for Trump
https://www.msn.com/en-gb/news/video/opinion-journ...
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff