Could or should the city be sacrificed for good brexit deal??

[ianrb]

don4l said:

sidicks said:

don4l said:

98elise said:

Where does the 1bn come from to pay the 20,000 fishermen?

Perhaps they should consider selling some fish?

Just an idea...

I think you miss the point being made!

Still missing it.


Can someone please explain?

How much fish would you have to catch and sell to support all those fihermen (and women)?

[limpsfield]

ianrb said:

How much fish would you have to catch and sell to support all those fihermen (and women)?

We are doing it wrong. We need to catch the right sort of fish.






Powerstroke - you might want to check the spelling of your job title in your PH profile. Nip down the bank and ask them for an 'h'

[sidicks]

limpsfield said:

Powerstroke - you might want to check the spelling of your job title in your PH profile. Nip down the bank and ask them for an 'h'

Maybe 'powercut' would be more appropriate?

[anonymous-user]

powerstroke said:

is it a perfect opportunity to re balance our economy ...

Yes! And the perfect way to balance a man with a broken leg is to break the other one.

Oh and by 'some tax' you mean £66bn right?

[julian64]

Whoozit said:

julian64 said:

Before you commend London financial services as all things mighty in this country it would be interesting to see how much of the pounds recent fall was secondary to those same patriotic bankers in London short selling sterling.

I'm not. Merely pointing out that constraining the financial sector, by whatever means you wish, has very significant Budget implications due to the high tax take per head. It's not a zero-sum game.

And the fall was due to a market reassessment of the relative values of the British economy vs the rest of the world. Yes, some investors all over the world may have chosen to put their capital at risk betting on that outcome (BTW, ahead of the vote as there's little point in shorting an investment which has already fallen...). You may recall it wasn't all that obvious we would end up here.

Its not the predicted result in sterling that was important. It was the uncertainty which affected the value. That was the same whether we eventually went in or out. The money was made out of short term fluctuations not six month predictions. Google 'who made money out of brexit' I'm sure some results will point the way

[anonymous-user]

davepoth said:

Look at it this way. £1bn in London will pay maybe 1,000 bankers. In Grimsby it'll pay 20,000 fishermen and pay them pretty handsomely.

[///ajd]

Its an amazing and revealing thread.

[anonymous-user]

julian64 said:

Before you commend London financial services as all things mighty in this country it would be interesting to see how much of the pounds recent fall was secondary to those same patriotic bankers in London short selling sterling.

wtf? selling the pound is unpatriotic?

[don4l]

ianrb said:

don4l said:

sidicks said:

don4l said:

98elise said:

Where does the 1bn come from to pay the 20,000 fishermen?

Perhaps they should consider selling some fish?

Just an idea...

I think you miss the point being made!

Still missing it.


Can someone please explain?

How much fish would you have to catch and sell to support all those fihermen (and women)?

UK vessels are only allocated 30% of UK waters catch. This was worth £860 million in 2014. If we were allocated 100% to UK fishermen, then we could land and extra £2Bn a year. Why do people think that it would be impossible to find half that amount.

I'm still missing it.

[anonymous-user]

Massively so.

No surprise there.

[Whoozit]

julian64 said:

Its not the predicted result in sterling that was important. It was the uncertainty which affected the value. That was the same whether we eventually went in or out. The money was made out of short term fluctuations not six month predictions. Google 'who made money out of brexit' I'm sure some results will point the way

Bluntly? No, that isn't how financial markets work. The CURRENT uncertainty is what's impacted the FX. Not the relatively small amount of money bet on the unlikely outcome. Check the actual exchange rates BEFORE the vote outcome.

Near enough 25 years operating in the markets over here is backing up my views. You?

[kurt535]

Greg66 said:

Massively so.

No surprise there.

Its not worth going there is it

[anonymous-user]

kurt535 said:

Greg66 said:

Massively so.

No surprise there.

Its not worth going there is it

Nope. It's easier to teach my cat tricks than it is to deal with some of the Dunning-Kruger types on here.

[don4l]

Greg66 said:

Massively so.

No surprise there.

I'm not denying that I might be missing it.

Why is it that no one can explain it to me.

I don't usually find things difficult to grasp.


Current UK waters catch = £2.8Bn

Current UK Fishermen's take £860m

Why do you think that £1Bn extra would be difficult?

If I am wrong, then it should be very easy to prove it. Why not take your chance?

As I see it, we reclaim our fisheries. We ban all foreign boats from fishing in our waters. It takes a couple of years for us to rebuild our fleet. During this time fish stocks recover and the price of fish goes up in Europe.

We then have an extra 10,000 fishermen in gainful employment, and another 10,000 shore based jobs.


Do you not think that this would be a good thing?

[Whoozit]

don4l said:

As I see it, we reclaim our fisheries. We ban all foreign boats from fishing in our waters. It takes a couple of years for us to rebuild our fleet. During this time fish stocks recover and the price of fish goes up in Europe.

We then have an extra 10,000 fishermen in gainful employment, and another 10,000 shore based jobs.

Do you not think that this would be a good thing?

I for one don't disagree. However it's only one of the small changes that I hope and pray, combined across multiple industries, will justify Leave. Cos otherwise it ain't working.

[anonymous-user]

don4l said:

Do you not think that this would be a good thing?

Indeed I do. Excellent stuff and would probably taste better caught by good honest Englishmen not dirty cheating Spaniards with their little nets. But where do the 'bankers' come into this? Bait maybe, I could name a few. Why exactly do you need to sacrifice bankers to 'get' fishermen? Do you realise how utterly absurd a negotiating position that is? You have a massive trade deficit ffs, you don't need to sacrifice st, least of all your most profitable, most taxed 'industry'. Secondly and as a matter of practicality where are you going to find 20,000 experienced fishermen, Spain?

[kurt535]

don4l said:

Greg66 said:

Massively so.

No surprise there.

I'm not denying that I might be missing it.

Why is it that no one can explain it to me.

I don't usually find things difficult to grasp.


Current UK waters catch = £2.8Bn

Current UK Fishermen's take £860m

Why do you think that £1Bn extra would be difficult?

If I am wrong, then it should be very easy to prove it. Why not take your chance?

As I see it, we reclaim our fisheries. We ban all foreign boats from fishing in our waters. It takes a couple of years for us to rebuild our fleet. During this time fish stocks recover and the price of fish goes up in Europe.

We then have an extra 10,000 fishermen in gainful employment, and another 10,000 shore based jobs.


Do you not think that this would be a good thing?

you find a lot 'difficult' to grasp and enjoy inflaming conversations from the safety of your home. a post by you on another thread is the work of a cowardly troll

[anonymous-user]

don4l said:

Why is it that no one can explain it to me.

That's puzzled me too.

[AJS-]

Another way to ask that question would be should the entire country be run entirely on the basis of what is best for the city?

Of course it's a false choice because the city will still be there and still be a large financial hub after we leave.

[anonymous-user]

AJS- said:

Another way to ask that question would be should the entire country be run entirely on the basis of what is best for the city?

Silly question. That's not how the country is run.