I love the EU because...

Author
Discussion

kurt535

3,559 posts

117 months

Sunday 26th March 2017
quotequote all
davepoth said:
4x4Tyke said:
Economy is going fine ...

It's a bit naughty to only post that bit since there was a much more significant bounce in the next month. Try again.

What can possibly go wrong leaving the EU with our economy growth based off consumer spending???

I also cannot wait for the manufacturing to expand - except we have major electricity infrastructure issues (see JLR concerns for new UK plant).

I'm also excited at the CoL expanding and banks like Goldmans not expanding in Europe....

Look, bottom line is, leaving the EU is causing major structural reverberations to our economy. to say it isn't is plain head in the sand.

EU is far far far from perfect but we are leaving just as their growth appears to be kicking in from reports i saw last week - unless someone knows differently.

I only hope their growth drags us along but we have to get an economy based off something more than buying cheap crap from B&M and Poundland.


STURBO

322 posts

160 months

Sunday 26th March 2017
quotequote all
4x4Tyke said:
Economy is going fine ...

Nicely cropped data set missing out the last 7 months.

In the following 8 months the data changes quite a bit. Look here: http://www.tradingeconomics.com/united-kingdom/ser...





PH XKR

1,761 posts

102 months

Sunday 26th March 2017
quotequote all
kurt535 said:
davepoth said:
4x4Tyke said:
Economy is going fine ...

It's a bit naughty to only post that bit since there was a much more significant bounce in the next month. Try again.

What can possibly go wrong leaving the EU with our economy growth based off consumer spending???

I also cannot wait for the manufacturing to expand - except we have major electricity infrastructure issues (see JLR concerns for new UK plant).

I'm also excited at the CoL expanding and banks like Goldmans not expanding in Europe....

Look, bottom line is, leaving the EU is causing major structural reverberations to our economy. to say it isn't is plain head in the sand.

EU is far far far from perfect but we are leaving just as their growth appears to be kicking in from reports i saw last week - unless someone knows differently.

I only hope their growth drags us along but we have to get an economy based off something more than buying cheap crap from B&M and Poundland.
All of those are issues inside or outside of the EU. Goldmans moving isn't really a major shock or issue.

kurt535

3,559 posts

117 months

Sunday 26th March 2017
quotequote all
PH XKR said:
kurt535 said:
davepoth said:
4x4Tyke said:
Economy is going fine ...

It's a bit naughty to only post that bit since there was a much more significant bounce in the next month. Try again.

What can possibly go wrong leaving the EU with our economy growth based off consumer spending???

I also cannot wait for the manufacturing to expand - except we have major electricity infrastructure issues (see JLR concerns for new UK plant).

I'm also excited at the CoL expanding and banks like Goldmans not expanding in Europe....

Look, bottom line is, leaving the EU is causing major structural reverberations to our economy. to say it isn't is plain head in the sand.

EU is far far far from perfect but we are leaving just as their growth appears to be kicking in from reports i saw last week - unless someone knows differently.

I only hope their growth drags us along but we have to get an economy based off something more than buying cheap crap from B&M and Poundland.
All of those are issues inside or outside of the EU. Goldmans moving isn't really a major shock or issue.
Nah, neither are all the other banks/brokers (especially) Lloyds of London setting up from London either.

davepoth

29,395 posts

199 months

Sunday 26th March 2017
quotequote all
kurt535 said:
Nah, neither are all the other banks/brokers (especially) Lloyds of London setting up from London either.
They aren't moving everything. What's extremely telling about (as far as I can tell) all of the bank announcements is that they're moving the absolute bare minimum amount of staff and work to the EU to meet the worst case scenario of no MFID II on Brexit day. London isn't a sinking ship.

anonymous-user

54 months

Monday 27th March 2017
quotequote all
MrBrightSi said:
I cant watch any more... rofl

PH XKR

1,761 posts

102 months

Monday 27th March 2017
quotequote all
fblm said:
MrBrightSi said:
I cant watch any more... rofl
wtf

///ajd

8,964 posts

206 months

Monday 27th March 2017
quotequote all
davepoth said:
They aren't moving everything. What's extremely telling about (as far as I can tell) all of the bank announcements is that they're moving the absolute bare minimum amount of staff and work to the EU to meet the worst case scenario of no MFID II on Brexit day. London isn't a sinking ship.
That they are moving anything is a tragedy.

Brexit is a shambles.

Did vote leave admit "banks will move" - did they forget to print that on the bus?

Staggering how some shrug it off as "nothing to see".

alfie2244

11,292 posts

188 months

Monday 27th March 2017
quotequote all
///ajd said:
did they forget to print that on the bus?

Staggering how some shrug it off as "nothing to see".
Bus? What bus?

///ajd

8,964 posts

206 months

Monday 27th March 2017
quotequote all
alfie2244 said:
///ajd said:
did they forget to print that on the bus?

Staggering how some shrug it off as "nothing to see".
Bus? What bus?
The bus that should have said "a unknown number of banking jobs may move to the EU if you vote leave, as leaving will threaten their ability to continue working as now".

Still, its not like it makes up a big chunk of our GDP.



Cue wails about how none of it matters. Any migration matters - its a risk of more to come and a potential shift.

alfie2244

11,292 posts

188 months

Monday 27th March 2017
quotequote all
May move you say? What about locusts - did it say we will be plagued with them?


You sure it's not this bus you are thinking of?


B'stard Child

28,403 posts

246 months

Monday 27th March 2017
quotequote all
alfie2244 said:
May move you say? What about locusts - did it say we will be plagued with them?
Sorry - can't allow you to say that - no-one in remain actually used the plague of locusts - it surprised me to be honest because they threw pretty much everything at the population and didn't use the locusts!!!

alfie2244 said:
You sure it's not this bus you are thinking of?

Made me laugh

No whenever they mention a big red bus - it's this Big red bus I think


don'tbesilly

13,933 posts

163 months

Monday 27th March 2017
quotequote all
///ajd said:
davepoth said:
They aren't moving everything. What's extremely telling about (as far as I can tell) all of the bank announcements is that they're moving the absolute bare minimum amount of staff and work to the EU to meet the worst case scenario of no MFID II on Brexit day. London isn't a sinking ship.
That they are moving anything is a tragedy.

Brexit is a shambles.

Did vote leave admit "banks will move" - did they forget to print that on the bus?

Staggering how some shrug it off as "nothing to see".
It's been threatened (banks moving) pre the referendum, straight after, and again recently.

It's a game of magical movements/ pass the parcel and a dash of cry wolf thrown in.

and............................no-ones gone anywhere.

The bus versus
Vs
Interest rate would go up significantly (Osborne)
Mortgage rates would go up significantly, putting peoples homes at risk (Osborne)
Emergency budget,leading to increases in taxes and a cut in public services (Osborne)
Imminent recession (IMF/Cameron/Osborne, others)
All sorts of financial armageddon (Multiple naysayers on the remain side)

All were predicted/stated would happen immediately following a vote to leave.

Now which side told the biggest lies?
How many people would have voted Leave were it not for the multiple lies spewed by remain?



B'stard Child

28,403 posts

246 months

Monday 27th March 2017
quotequote all
don'tbesilly said:
The bus versus
Vs
Interest rate would go up significantly (Osborne)
Mortgage rates would go up significantly, putting peoples homes at risk (Osborne)
Emergency budget,leading to increases in taxes and a cut in public services (Osborne)
Imminent recession (IMF/Cameron/Osborne, others)
All sorts of financial armageddon (Multiple naysayers on the remain side)

All were predicted/stated would happen immediately following a vote to leave.

Now which side told the biggest lies?
How many people would have voted Leave were it not for the multiple lies spewed by remain?
None because

1 - The lies weren't down the side of a big red bus.......
2 - We haven't left yet
3 - The leave lies were worse
4 - we haven't left yet

And did I forget we haven't left yet biggrin

PH XKR

1,761 posts

102 months

Monday 27th March 2017
quotequote all
///ajd said:
davepoth said:
They aren't moving everything. What's extremely telling about (as far as I can tell) all of the bank announcements is that they're moving the absolute bare minimum amount of staff and work to the EU to meet the worst case scenario of no MFID II on Brexit day. London isn't a sinking ship.
That they are moving anything is a tragedy.

Brexit is a shambles.

Did vote leave admit "banks will move" - did they forget to print that on the bus?

Staggering how some shrug it off as "nothing to see".
1.) Business relocate resources all the time. A few bankers is not unusual pre/post brexit and hardly the exodus you predicted.

2.) In your opinion, which you are entitled to, even if it is wrong.

3.) The banks already threatened it, they aren't following through. However with the Scottish vote they made much more of a move to relocate.

4.) Everything that has happened could and probably would have happened had we voted remain. In fact, if we voted remain I guarantee there would have been a bigger move to Frankfurt.

PH XKR

1,761 posts

102 months

Monday 27th March 2017
quotequote all
The fact the banks are not moving en masse is a huge indicator as to just how uncertain they feel with the EU, otherwise, they would already have made the moves.

Digby

8,239 posts

246 months

Monday 27th March 2017
quotequote all
I love the EU because...

I get to make millions from my CU EU car stickers.

Need to put a raised middle finger in the middle.

Murph7355

37,715 posts

256 months

Monday 27th March 2017
quotequote all
///ajd said:
That they are moving anything is a tragedy.
....
You've not been around the banking industry for, ooohhhh, the last 20+yrs have you wink

The sentiment is acknowledged. But the reality is that change (and movement) has been inevitable for a long time.