How do we think EU negotiations will go? (Vol 13)
Discussion
stongle said:
Stay in Bed Instead said:
It would be the easiest if it wasn't for the UK wanting to diverge from the maximum regulatory equivalence.
Perhaps Fox didn't understand the purpose of brexit?
Perhaps Fox read all the ECB publications and thought, hmmm, perhaps given the current global economic outlook (DECADES of low growth, low rate and elevated risks), allowing a political body (EC) to screw with financial stability isn't such a great idea.Perhaps Fox didn't understand the purpose of brexit?
I mean the FCA and BoE came out 100% on this position. But hang-on, our Handsome Boy Modelling school of Love Island remainers know better (than both), or are too ignorant to read the research. Easier to stick fingers in ears and scream "la la laaaa" (and some are clucking like the Banana Splits too).
And if you read what the Fed says, the EC position on Financial Stability is even more dense. But - Trump or something.....
The detailed position on divergence in Services and FS is for landing zones and increased co-operation when or if both sides need to diverge (seems totally reasonable for me - If Vestager and co want to push to opt out BASELIII then that's their prerogative). This commonsense approach is unacceptable to the EC because they cannot strong arm us on something unrelated like they did to the Swiss. And given that 3 times as many EU finance firms have applied for passporting permissions INTO the UK their services firms are looking, I dunno flighty.
Edited by stongle on Wednesday 19th February 08:23
Stay in Bed Instead said:
It would be the easiest if it wasn't for the UK wanting to diverge from the maximum regulatory equivalence.
Perhaps Fox didn't understand the purpose of brexit?
We've never said we won't achieve equivalence. Perhaps Fox didn't understand the purpose of brexit?
That isn't what the EU are demanding...
They're demanding harmonisation, which is very different.
Digga said:
SpeckledJim said:
Thread has gone silly again. Shame we can’t just discuss what’s going on.
Afraid there are poster who we should really ignore. It's great to have discussions and debate, but the noise to signal ratio with some is off the scale.Now if the sensible grown ups here could just bring themselves to completely ignore them then the debate might just improve.
Garvin said:
Digga said:
SpeckledJim said:
Thread has gone silly again. Shame we can’t just discuss what’s going on.
Afraid there are poster who we should really ignore. It's great to have discussions and debate, but the noise to signal ratio with some is off the scale.Now if the sensible grown ups here could just bring themselves to completely ignore them then the debate might just improve.
You would have thought leavers would be happy that we have left the EU. We all knew there would be speed bumps in the road but best we look forwards not backwards.
What do you think the sensible grown ups are going to do with fishing rights?
pgh said:
SpeckledJim said:
Thread has gone silly again. Shame we can’t just discuss what’s going on.
Fair enough. Clear confident speech by our negotiator. Stark contrast to the Theresa May fudge years.
The EU budget talks are only just kicking off & I suspect they’ll be keen to keep them as secret as possible. Filling a 19 nation funding gap is going to be awkward.
Any cuts to CAP subsidies seem likely to topple the already fragile Macron. Extremely interesting times for the EU.
Garvin said:
Isn't it just. However, it persists because some posters just can't help responding to the juvenile and puerile posts of those dredging up and re-writing history because they have no real vision of the future and, quite frankly, are still in complete denial and angry to boot - unable to move forward at all.
Now if the sensible grown ups here could just bring themselves to completely ignore them then the debate might just improve.
Party pooper.Now if the sensible grown ups here could just bring themselves to completely ignore them then the debate might just improve.
Helicopter123 said:
Garvin said:
Digga said:
SpeckledJim said:
Thread has gone silly again. Shame we can’t just discuss what’s going on.
Afraid there are poster who we should really ignore. It's great to have discussions and debate, but the noise to signal ratio with some is off the scale.Now if the sensible grown ups here could just bring themselves to completely ignore them then the debate might just improve.
You would have thought leavers would be happy that we have left the EU. We all knew there would be speed bumps in the road but best we look forwards not backwards.
What do you think the sensible grown ups are going to do with fishing rights?
Earthdweller said:
soupdragon1 said:
amgmcqueen said:
Helicopter123 said:
Speculation that Greece will want the UK to return the Elgin Marbles as the price for an EU trade deal.
First the fish, now it's the 'return or restitution of unlawfully removed cultural object'.
I'm just hoping we're not about to get our pants pulled down by the EU. Where are those sunlit uplands?
Definitely not in Greece......or France, or Germany, or Italy, or Spain, or Ireland, or Portugal, or Hungary, or Poland, or Sweden, or Holland.First the fish, now it's the 'return or restitution of unlawfully removed cultural object'.
I'm just hoping we're not about to get our pants pulled down by the EU. Where are those sunlit uplands?
The EU has destroyed Europe. It is a mess!
But out of that list .....only Holland (6) and Sweden (9) are in the top 10
In fact I don’t think Australia, Canada, New Zealand, Iceland, Switzerland or Finland are in the EU but they are the happiest places to live
The only other EU country that makes the top 10 is Denmark
Edited by Earthdweller on Tuesday 18th February 19:39
I started off with % so I'll stand by what I've written, rather than have my posts cunningly changed from percentages to numbers - a beautiful slight of hand but we're not falling for it
Murph7355 said:
That's the best line you have?
Frankly, good. They have travel insurance. Why the hell should government (ie the taxpayer) pay to fly them home? I appreciate it's "only £xxx,000" but also frankly, I am sick and tired of that bullst excuse for profligate spending.
I doubt travel insurance would cover their position. Frankly, good. They have travel insurance. Why the hell should government (ie the taxpayer) pay to fly them home? I appreciate it's "only £xxx,000" but also frankly, I am sick and tired of that bullst excuse for profligate spending.
Mrr T said:
Murph7355 said:
That's the best line you have?
Frankly, good. They have travel insurance. Why the hell should government (ie the taxpayer) pay to fly them home? I appreciate it's "only £xxx,000" but also frankly, I am sick and tired of that bullst excuse for profligate spending.
I doubt travel insurance would cover their position. Frankly, good. They have travel insurance. Why the hell should government (ie the taxpayer) pay to fly them home? I appreciate it's "only £xxx,000" but also frankly, I am sick and tired of that bullst excuse for profligate spending.
SpeckledJim said:
Mrr T said:
Murph7355 said:
That's the best line you have?
Frankly, good. They have travel insurance. Why the hell should government (ie the taxpayer) pay to fly them home? I appreciate it's "only £xxx,000" but also frankly, I am sick and tired of that bullst excuse for profligate spending.
I doubt travel insurance would cover their position. Frankly, good. They have travel insurance. Why the hell should government (ie the taxpayer) pay to fly them home? I appreciate it's "only £xxx,000" but also frankly, I am sick and tired of that bullst excuse for profligate spending.
They are not sick so likely travel insurance does not apply. If they get sick travel insurance will then apply but they maybe to sick to be repatriated.
Digga said:
SpeckledJim said:
Thread has gone silly again. Shame we can’t just discuss what’s going on.
Afraid there are poster who we should really ignore. It's great to have discussions and debate, but the noise to signal ratio with some is off the scale.It is comical the way he dismisses any forecasts but has none of his own. It’s belief driven - he even mentions belief around the middle of the article.
Those that think canada “will do” maybe in for a surprise.
DeepEnd said:
Digga said:
SpeckledJim said:
Thread has gone silly again. Shame we can’t just discuss what’s going on.
Afraid there are poster who we should really ignore. It's great to have discussions and debate, but the noise to signal ratio with some is off the scale.It is comical the way he dismisses any forecasts but has none of his own. It’s belief driven - he even mentions belief around the middle of the article.
Those that think canada “will do” maybe in for a surprise.
Counter views to Frost are valid.
I think the nuance of his dismissal of forecasts is key, as with his beliefs. He hits a nail on the head, that Brexit and the anti-EU sentiment (both in the UK, which lead to it and also elsewhere within the EU) is not merely about measurable metrics, but emotional intelligence and values.
There is no reason why Canada cannot work. There is, however, a reason why it might not be agreed to, but that does not make it an impossible goal, in and of itself. It rather expresses the dogma that created the Brexit rift in the first place.
I agree with Frost that the EU must accept Brexit as valid and, therefore, recognise it needs to adapt, not just to their relationship with the UK, but also the other 27 nations.
Helicopter123 said:
True, but then you might have expected him to say so?
Who, Fox or the guys at the FCA and BoE (Cunliffe and Woods?). The later, should be politically independent. Ish.In a negotiation start up it's normal to ask for everything, but if you whack a political option in as a precursor to pretty much everything- it appears one side is acting in a slightly petulant manner. We offered up equivalence and cooperation, and regulatory landing zones. The EC is insisting on the 30 day withdrawal, that pretty much no one in Finance and certainly team UK thinks is a good idea. It's a political redline, not a considered one. Of course they are entirely entitled to ask for moon on a stick, but this area is one with larger considerations. I can't be sure Fox knows this, it might just be happy consequence he guessed and landed on the correct answer. Who knows.
Stay in Bed Instead said:
Agility? What a joke.
The UK government is woeful at doing anything quickly.
They can't even sort out a sodding flight to Japan to pick up the stranded cruise passengers.
Luckily they don't employ you as a financial advisor. Given your howler regarding the divorce payments to the EU, I'm surprised you've got the brass neck to pop up again with your "expert" opinions.The UK government is woeful at doing anything quickly.
They can't even sort out a sodding flight to Japan to pick up the stranded cruise passengers.
Governments new immigration policy published today, much of which has been known for weeks, but now confirmed. A quick google las it all out. Pleased to see a more realistic wage baseline at
£25600 annual which indicates that the U.K. will no longer continue on the low wage economy route
inviting in just about anybody who wants access. It will also be the start point ending credit payments to low cost employment, about time some will say, including me.
So this major announcement draws a line in the rock, no more FOM but a warm welcome to those
that bring the skills required by U.K. business. Some exceptions will be made in certain sectors and as we now (end of 2020) have the control on immigration will be able to adjust as we require.
£25600 annual which indicates that the U.K. will no longer continue on the low wage economy route
inviting in just about anybody who wants access. It will also be the start point ending credit payments to low cost employment, about time some will say, including me.
So this major announcement draws a line in the rock, no more FOM but a warm welcome to those
that bring the skills required by U.K. business. Some exceptions will be made in certain sectors and as we now (end of 2020) have the control on immigration will be able to adjust as we require.
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