How do we think EU negotiations will go? (Vol 13)
Discussion
I can see a big stumbling block here with the Spanish (I can't trawl through all this thread to see what's been covered on this point) - Gibraltar. The Spanish will be back to their whinging and chest beating and the rest of the EU will probably be backing them. I can see this being a big "red line" for the government in any negotiations, and I for one would agree with them.
Dog Star said:
I can see a big stumbling block here with the Spanish (I can't trawl through all this thread to see what's been covered on this point) - Gibraltar. The Spanish will be back to their whinging and chest beating and the rest of the EU will probably be backing them. I can see this being a big "red line" for the government in any negotiations, and I for one would agree with them.
I think when we get down to the short strokes the rest of the EU won't give a flying f
k at a rolling doughnut about Spanish chest-beating if that's whats standing between them and the money.Dog Star said:
I can see a big stumbling block here with the Spanish (I can't trawl through all this thread to see what's been covered on this point) - Gibraltar. The Spanish will be back to their whinging and chest beating and the rest of the EU will probably be backing them. I can see this being a big "red line" for the government in any negotiations, and I for one would agree with them.
One of the problems facing Spain if it were to get Gib, is that around 15000 Spanish nationals work on the rock a lot in gambling and financial services. Many, if not all are located there because it's a British colony and using British law. These workers live in the surrounding part of Spain where high unemployment is a long term problem. What happens to these people if Spain incorporates the Rock.Nickgnome said:
barryrs said:
That right there is why I pay very little attention to your ramblings.
Pity you didn’t understand the irony directed at your view of CB’s business. It’s the juxtaposition of his postings with his choice of business that sticks out.
His holier than thou, the poor must be protected posting around Brexit, whilst charging those very same people 1400% apr seems at odds.
barryrs said:
I have no issue with CB’s business.
It’s the juxtaposition of his postings with his choice of business that sticks out.
His holier than thou, the poor must be protected posting around Brexit, whilst charging those very same people 1400% apr seems at odds.
I don’t know what he charged? It’s the juxtaposition of his postings with his choice of business that sticks out.
His holier than thou, the poor must be protected posting around Brexit, whilst charging those very same people 1400% apr seems at odds.
Yes I suppose it may seem contradictory but business is business and may be we can can expect more deregulation now. I do hope not though.
Digga said:
Coolbananas said:
I'd love the EU to tell you the UK sod off now - it needs to learn that the EU does not need the UK nearly as much as it thinks it does. 
Sure you would. it won't happen though, because that is simply not the case.anymore than I would love the U.K. to ‘suggest eu go do one’, now that might just happen
Edited by crankedup on Friday 21st February 17:57
Nickgnome said:
Borghetto said:
Coolbananas said:
I'd love the EU to tell you the UK sod off now - it needs to learn that the EU does not need the UK nearly as much as it thinks it does.
I'm glad you packed your bags and pissed off to Portugal - what a loss to the UK, lucky old Portugal having you in their midst.Do we really want successful people leaving?
Well Coolbananas have you applied for Canonisation - cos from your last post, if believed, you were more a friendly generous uncle, than a money lender - give it a rest. You seem to hate the UK and and wish ill upon us, with the exception of Groom, I doubt you'll garner much sympathy on this thread.
Coolbananas said:
I explained at length once, but you cannot stop blinkered bias from ignorant folk who make assumptions and then ignore facts if it doesn't suit the narrative that they want to be true - so I decided to annoy them by playing their game.
I did work in the short term loans sector, I charged 0.8% per day for my loans up to a max of 31 days (from 5-31) when all other lenders were charging a lot more. I didn't allow rollovers and didn't charge any penalties including compounding the interest - I backed my model and whom I lent to. Sure, I had to write off some loans, but I never chased any of it, I wrote it down to the learning curve. In fact, it was my workable risk model that caught the FCA's eye and after consultation with myself and others, they eventually progressed with the interest rate I charged as the standard to which all high risk loans have to abide by in the UK today. It was a small business that did things differently to the main players in order to find my own small niche.
I sold that business when I received a good offer from a larger competitor and moved to brokering, which was free to all applicants working on a commission by lender basis only when other brokers were wanting a fee too and then I sold that too as it happens.
To this day, the company I founded has not had a single complaint regarding unfair lending practices from the book I sold. Not one! Everyone that was loaned money could genuinely afford it and all were in full-time employment with decent-paying jobs but my niche target group were new to country and those who had no credit history built up or who had bad credit history's but had turned the corner and needed to demonstrate that.
Did I fleece anyone? No, nothing anyone can say will convince me otherwise. My interest rate was the lowest for the high-risk market when I was a lender and I proved it didn't need to be higher. Those I lent to were happy for the convenience and/or the fact they struggled to get credit elsewhere.
Will that fact change the opinion of morons who want to use the whole all Payday Loans are Evil angle? Nope.
Did I make a ton of money? Nope. I was a senior manager in the construction Industry given an option of a 150km daily commute or redundancy in the recession. I decided to do my own thing and used my own cash and proceeds from investments I had to fund my small loan business. It was high risk but it worked - it allowed me to make some money, enough to have a modest lifestyle and retire a little earlier than I might have otherwise but I don't drive an expensive car or live in a mansion. What I do have are very good friends, a life in a beautiful part of the World with a fantastic climate and time to enjoy my sport and hobbies. I'm content. Happy.
But I still enjoy winding up whingers from time to time who don't help themselves and blame others for being held back in any way and who feel qualified to criticise what they couldn't do themselves.
Get a parasol with your next sun lounger mate, your skin seems to be getting a touch thin. I did work in the short term loans sector, I charged 0.8% per day for my loans up to a max of 31 days (from 5-31) when all other lenders were charging a lot more. I didn't allow rollovers and didn't charge any penalties including compounding the interest - I backed my model and whom I lent to. Sure, I had to write off some loans, but I never chased any of it, I wrote it down to the learning curve. In fact, it was my workable risk model that caught the FCA's eye and after consultation with myself and others, they eventually progressed with the interest rate I charged as the standard to which all high risk loans have to abide by in the UK today. It was a small business that did things differently to the main players in order to find my own small niche.
I sold that business when I received a good offer from a larger competitor and moved to brokering, which was free to all applicants working on a commission by lender basis only when other brokers were wanting a fee too and then I sold that too as it happens.
To this day, the company I founded has not had a single complaint regarding unfair lending practices from the book I sold. Not one! Everyone that was loaned money could genuinely afford it and all were in full-time employment with decent-paying jobs but my niche target group were new to country and those who had no credit history built up or who had bad credit history's but had turned the corner and needed to demonstrate that.
Did I fleece anyone? No, nothing anyone can say will convince me otherwise. My interest rate was the lowest for the high-risk market when I was a lender and I proved it didn't need to be higher. Those I lent to were happy for the convenience and/or the fact they struggled to get credit elsewhere.
Will that fact change the opinion of morons who want to use the whole all Payday Loans are Evil angle? Nope.
Did I make a ton of money? Nope. I was a senior manager in the construction Industry given an option of a 150km daily commute or redundancy in the recession. I decided to do my own thing and used my own cash and proceeds from investments I had to fund my small loan business. It was high risk but it worked - it allowed me to make some money, enough to have a modest lifestyle and retire a little earlier than I might have otherwise but I don't drive an expensive car or live in a mansion. What I do have are very good friends, a life in a beautiful part of the World with a fantastic climate and time to enjoy my sport and hobbies. I'm content. Happy.
But I still enjoy winding up whingers from time to time who don't help themselves and blame others for being held back in any way and who feel qualified to criticise what they couldn't do themselves.
London424 said:
What's that saying a few remainers are fond of, "the mask slips"....Tbh, it wasn't much of a disguise. 28hours of negotiations and their whole budget discussion imploded. About the only thing they can agree on, is the UK is a threat.
Merkel pulled a classic "I've heard enough of red lines today". Not sure if she was speaking about the 16 Southern and Eastern states or the EC in general.
Evidently they need to find 75bn to replace us, not sure how they got to that number - given the way negotiations are going I'd pay it and bin them off now with the 39bn and change before a new redline / lever / racket crops up.
stongle said:
London424 said:
What's that saying a few remainers are fond of, "the mask slips"....Tbh, it wasn't much of a disguise. 28hours of negotiations and their whole budget discussion imploded. About the only thing they can agree on, is the UK is a threat.
Merkel pulled a classic "I've heard enough of red lines today". Not sure if she was speaking about the 16 Southern and Eastern states or the EC in general.
Evidently they need to find 75bn to replace us, not sure how they got to that number - given the way negotiations are going I'd pay it and bin them off now with the 39bn and change before a new redline / lever / racket crops up.
The member state net contributors say they don't want to pick any more up...so the GV answer is OK we'll tax your electorate instead. That will end REALLY well
Morons. And GV is the chief one.
Ref 75bn, don't they budget for 7yr cycles? So maybe that's for the full 7yrs? Or maybe it's some conflation of our gross, plus extra spending plans (armies aren't cheap etc).
I've said it before, there won't be another country choosing to leave.
Those that might want to, can't due to the euro. Think Brexit is a challenge? A million times harder with a nation on the continent having to create a new currency, resolve T2 balances and leave Schengen.
Those that could thanks to not being part of the euro, don't want to as there's no way they aren't stating firm net recipients, as well as gaining the benefit of being the cheap supply chain for Germany.
Those that might want to, can't due to the euro. Think Brexit is a challenge? A million times harder with a nation on the continent having to create a new currency, resolve T2 balances and leave Schengen.
Those that could thanks to not being part of the euro, don't want to as there's no way they aren't stating firm net recipients, as well as gaining the benefit of being the cheap supply chain for Germany.
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