The economic consequences of Brexit (Vol 2)
Discussion
powerstroke said:
People hear what they want to hear and Farron ,clegg etc speak for the hard of thinking lefty types .....
I think they're speaking for a shrinking minority of them. Even a lot of the people I know on Facebook are now talking about how to make Brexit work from a leftist viewpoint. walm said:
B'stard Child said:
If the "EU" (and I include the Euro & "four freedoms" in that) is such a "force for good" and a "must have" then it should work for "all"...
Isn't that an unrealistic expectation for... well... pretty much anything?Certainly doesn't work for democracy, just ask any Remoaner!
B'stard Child said:
walm said:
B'stard Child said:
If the "EU" (and I include the Euro & "four freedoms" in that) is such a "force for good" and a "must have" then it should work for "all"...
Isn't that an unrealistic expectation for... well... pretty much anything?Certainly doesn't work for democracy, just ask any Remoaner!
Since plenty of other (less controversial) forces for good also don't work for all.
walm said:
B'stard Child said:
walm said:
B'stard Child said:
If the "EU" (and I include the Euro & "four freedoms" in that) is such a "force for good" and a "must have" then it should work for "all"...
Isn't that an unrealistic expectation for... well... pretty much anything?Certainly doesn't work for democracy, just ask any Remoaner!
Since plenty of other (less controversial) forces for good also don't work for all.
Why would any State want to join an organisation that wasn't going to benefit it?
Oh I'll just join this "confederation of states" - unemployment will rise - I'll be tied to a currency I can't devalue and my basket case economy will be more f
ked than it already is.......OK I think that actually might apply to Greece.............
Still we are leaving now I can look back on my nightmare senario with some fondness!!
B'stard Child a while back said:
My "Vision" of had we remained in the EU
1. In the UK - always on the edge of what used to be the EU the economy would have continued to migrate to London creating further reliance on "casino" investment and returns
2. Manufacturing would continue to be a dirty word - why make stuff when china can make it cheaper
3. The services sector would be expanded to include Maccy D and Burger King as that was a growth industy (not because anybody liked it but only the unemployed could afford it)
4. The "something for nothing" numbers would continue to rise encouraged by the fact that there was no point in trying to work - people from the other side of Europe were doing all the jobs for less than their benefits and still better off (still sending money home) rather than local economies
In the EU
1. With one last ditch attempt to shore up that sinking ship goes for complete union and single management of all states from each of the original state capitals for one month in each - just over 2 years to move round them all.....
2. The EU continued to print more and more money - the banks continued to lend money based on the fact the EU was a stable place and although Debt as a percentage of GDP was a little high everyone had a stake in it so it's not like they were ever going to default - it's too big to fail
And then the people realised that what they thought were 4 freedoms weren't freedoms at all for them
Freedom of movement was just a way of ensuring those old fashioned national identities were broken up and no one had a loyalty to their birth country because they had to leave it to find work
Freedom of Goods was pointless everything came from China and the trade deal that the EU made with china after 23 years of negotiation only put the prices of everything up by a little and no one liked working in factories anyway
Freedom of Services was no longer applicable - everyone received a living allowance and were told how to spend it.
Freedom of Capital was also pointless it was one big state - no-one really used real money except the very old people - payment cards were all you needed everywhere and there was less chance of illness when you kept hold of your card and waved it above the pay point (that old money was very un-hygenic)
Anyway it was illegal to take currency out of the Schengen Zone.
And then it was the silliest thing that set things in motion - a 70 year old grandmother in what used to be known as Greece went to the benefits and savings dispenser and requested to draw 1000 Euro (a small chunk of her savings to bury her recently deceased husband) but there was insufficient funds - the request was denied
The news of no paper money spread quickly locally faceache, ttter, snapslap all from friend to friend - everyone tried to draw out 1000 Euro - some people confirmed it was OK the money was there - others cried out that the money wasn't
All those people spread far and wide made the communication spread from top and botton of the EuSSR.
The banks unable to cope with the demand for the old fashioned money asked the High Council for some paper money to tide them over
The High Council looked in the safe and there wasn't any - the money printers were based in China on holiday until the following week so they told the Banks to lie to the people - it had always worked before...
The banks assured people that there was plenty of the old money if people didn't try to draw it out all at once.... Now the people remembered being told that years before when it turned out to be a lie and some had lost a lot of money back in the day - they also remembered that the bosses that lied also paid themselves lots of money regardless of the fact that little people lost money and there was definitely some connection between the government and the banks because the government used the peoples money to shore up the Banks last time.
That was the straw that broke the camel's back - Banks blamed the High Council - they'd lent all the money to them - in an almost French revolutionary moment the people revolted and all the High Council and CEO's of the banks were rounded up and beheaded underneath the Arc d' triumph
I don't think the last thing will happen but it's a bit like Eurovision being number#273 #8 in my list of reasons to leave - bit of a guilty pleasure or my room 101 if you like.
1. In the UK - always on the edge of what used to be the EU the economy would have continued to migrate to London creating further reliance on "casino" investment and returns
2. Manufacturing would continue to be a dirty word - why make stuff when china can make it cheaper
3. The services sector would be expanded to include Maccy D and Burger King as that was a growth industy (not because anybody liked it but only the unemployed could afford it)
4. The "something for nothing" numbers would continue to rise encouraged by the fact that there was no point in trying to work - people from the other side of Europe were doing all the jobs for less than their benefits and still better off (still sending money home) rather than local economies
In the EU
1. With one last ditch attempt to shore up that sinking ship goes for complete union and single management of all states from each of the original state capitals for one month in each - just over 2 years to move round them all.....
2. The EU continued to print more and more money - the banks continued to lend money based on the fact the EU was a stable place and although Debt as a percentage of GDP was a little high everyone had a stake in it so it's not like they were ever going to default - it's too big to fail
And then the people realised that what they thought were 4 freedoms weren't freedoms at all for them
Freedom of movement was just a way of ensuring those old fashioned national identities were broken up and no one had a loyalty to their birth country because they had to leave it to find work
Freedom of Goods was pointless everything came from China and the trade deal that the EU made with china after 23 years of negotiation only put the prices of everything up by a little and no one liked working in factories anyway
Freedom of Services was no longer applicable - everyone received a living allowance and were told how to spend it.
Freedom of Capital was also pointless it was one big state - no-one really used real money except the very old people - payment cards were all you needed everywhere and there was less chance of illness when you kept hold of your card and waved it above the pay point (that old money was very un-hygenic)
Anyway it was illegal to take currency out of the Schengen Zone.
And then it was the silliest thing that set things in motion - a 70 year old grandmother in what used to be known as Greece went to the benefits and savings dispenser and requested to draw 1000 Euro (a small chunk of her savings to bury her recently deceased husband) but there was insufficient funds - the request was denied
The news of no paper money spread quickly locally faceache, t
tter, snapslap all from friend to friend - everyone tried to draw out 1000 Euro - some people confirmed it was OK the money was there - others cried out that the money wasn'tAll those people spread far and wide made the communication spread from top and botton of the EuSSR.
The banks unable to cope with the demand for the old fashioned money asked the High Council for some paper money to tide them over
The High Council looked in the safe and there wasn't any - the money printers were based in China on holiday until the following week so they told the Banks to lie to the people - it had always worked before...
The banks assured people that there was plenty of the old money if people didn't try to draw it out all at once.... Now the people remembered being told that years before when it turned out to be a lie and some had lost a lot of money back in the day - they also remembered that the bosses that lied also paid themselves lots of money regardless of the fact that little people lost money and there was definitely some connection between the government and the banks because the government used the peoples money to shore up the Banks last time.
That was the straw that broke the camel's back - Banks blamed the High Council - they'd lent all the money to them - in an almost French revolutionary moment the people revolted and all the High Council and CEO's of the banks were rounded up and beheaded underneath the Arc d' triumph
I don't think the last thing will happen but it's a bit like Eurovision being number
Northern Munkee][bb]Channel 4 News pissing it's pants. [/b said:
But great to see Sturgeon clip looks like she's narked.
And good to see our new ambassador to the EU applauding May enthusiastically at the end of her speech, he seems to be onboard.
It's great fun watching Snow with his "concerned" face.And good to see our new ambassador to the EU applauding May enthusiastically at the end of her speech, he seems to be onboard.
I'm looking forward to Farron's appearance.
davepoth said:
Northern Munkee said:
But great to see Sturgeon clip looks like she's narked.
That was the best bit. If she was going to announce a new referendum, surely she would have done it by now...?Tresemme today should have said:
Oh and I nearly forgot "Fishywoman" - your referendum request is approved even though you haven't actually asked - any date you like before end of March when the government triggers Art.50 because the United Kingdom needs to know who is on board with moving forward and not frustrating the process or bhing on the sidelines
hing on the sidelines
don4l said:
Northern Munkee][bb]Channel 4 News pissing it's pants. [/b said:
But great to see Sturgeon clip looks like she's narked.
And good to see our new ambassador to the EU applauding May enthusiastically at the end of her speech, he seems to be onboard.
It's great fun watching Snow with his "concerned" face.And good to see our new ambassador to the EU applauding May enthusiastically at the end of her speech, he seems to be onboard.
I'm looking forward to Farron's appearance.
Merc 450 said:
davepoth said:
Northern Munkee said:
But great to see Sturgeon clip looks like she's narked.
That was the best bit. If she was going to announce a new referendum, surely she would have done it by now...?don4l said:
vonuber said:
Here we go, parity with the Euro after that speech.
Quoted for posterity.Excellent economic acumen on display there.[/sarc]
Burwood said:
FiF said:
Greg66 said:
FiF said:
Burwood said:
VolvoT5 said:
This speech makes it very clear that May wants a full/hard Brexit.... no fudge to please the remain voters...
She is saying she is fully prepared for a hard Brexit if the EU punish us. And in doing so will hurt the EU more than us.ked."I wonder where we will all end up.
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