How do we think EU negotiations will go? (Vol 15)

How do we think EU negotiations will go? (Vol 15)

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Digga

40,349 posts

284 months

Tuesday 20th October 2020
quotequote all
SpeckledJim said:
I reckon the deal is pretty much done, and they're now choreographing the best way for each to enable the other to climb down with as much remaining credibility as possible.
hehe

Stranger things have happened. In the end, it was always going to be;
a.) last minute, and
b.) a fudge of some description

Life is seldom perfect.

anonymous-user

55 months

Tuesday 20th October 2020
quotequote all
rockin said:
And my point is that he's fundamentally wrong. Further, not one of you has been able to give any hint of where UK's future growth will come from.

Boris has promised new prosperity in the sunlit uplands yet there's absolutely no indication of how it's going to be delivered. This from two weeks ago,

"The Prime Minister has called on British businesses to exploit the new opportunities he believes leaving the European Union will bring to the UK."

Only true believers can see the light...
Do you have anything new to add to the debate?

SpeckledJim

31,608 posts

254 months

Tuesday 20th October 2020
quotequote all
rockin said:
Tuna said:
His point is that it has the square root of bugger all to do with Brexit. Is it really that hard to grasp?
And my point is that he's fundamentally wrong. Further, not one of you has been able to give any hint of where UK's future growthwill come from.

Boris has promised new prosperity in the sunlit uplands yet there's absolutely no indication of how it's going to be delivered. This from two weeks ago,

"The Prime Minister has called on British businesses to exploit the new opportunities he believes leaving the European Union will bring to the UK."

Only true believers can see the light...
The world's growth, in population and trade and wealth, is happening outside the EU. That's where the UK's future growth will come from.


Stay in Bed Instead

22,362 posts

158 months

Tuesday 20th October 2020
quotequote all
rockin said:
And my point is that he's fundamentally wrong. Further, not one of you has been able to give any hint of where UK's future growth will come from.
Someone mentioned selling pigs ears to China I believe.

biggrin

crankedup

25,764 posts

244 months

Tuesday 20th October 2020
quotequote all
Stay in Bed Instead said:
crankedup said:
Good post.
Yes you are absolutely correct, I certainly did use the incorrect word, obviously. I really must be much more careful in the future.
Liquid lunch?
Support spoons ‘you know it makes sense’ drink
Our local still hasn’t opened since the start of the original lockdown!

crankedup

25,764 posts

244 months

Tuesday 20th October 2020
quotequote all
rockin said:
Tuna said:
His point is that it has the square root of bugger all to do with Brexit. Is it really that hard to grasp?
And my point is that he's fundamentally wrong. Further, not one of you has been able to give any hint of where UK's future growth will come from.

Boris has promised new prosperity in the sunlit uplands yet there's absolutely no indication of how it's going to be delivered. This from two weeks ago,

"The Prime Minister has called on British businesses to exploit the new opportunities he believes leaving the European Union will bring to the UK."

Only true believers can see the light...
Clearly!! smile

Stay in Bed Instead

22,362 posts

158 months

Tuesday 20th October 2020
quotequote all
crankedup said:
Support spoons ‘you know it makes sense’ drink
Our local still hasn’t opened since the start of the original lockdown!
Many never will.

anonymous-user

55 months

Tuesday 20th October 2020
quotequote all
rockin said:
Tuna said:
His point is that it has the square root of bugger all to do with Brexit. Is it really that hard to grasp?
And my point is that he's fundamentally wrong. Further, not one of you has been able to give any hint of where UK's future growth will come from.

Boris has promised new prosperity in the sunlit uplands yet there's absolutely no indication of how it's going to be delivered. This from two weeks ago,

"The Prime Minister has called on British businesses to exploit the new opportunities he believes leaving the European Union will bring to the UK."

Only true believers can see the light...
Yeah I mean how is the worlds sixth largest economy, the Forbes number 1 place in the world to do business, home to the worlds best universities with the second largest financial capital in the world ..... (i could go on and on) .....ever going to cope?

stongle

5,910 posts

163 months

Tuesday 20th October 2020
quotequote all
rockin said:
And my point is that he's fundamentally wrong. Further, not one of you has been able to give any hint of where UK's future growth will come from.

Boris has promised new prosperity in the sunlit uplands yet there's absolutely no indication of how it's going to be delivered. This from two weeks ago,

"The Prime Minister has called on British businesses to exploit the new opportunities he believes leaving the European Union will bring to the UK."

Only true believers can see the light...
No, I'm correct. You are talking crap. You keep proving you haven't a scooby how broad based indices are constructed and traded. I dont comment on political rhetoric. You are squirming to avoid attention on silly analysis.

You incorrectly conflated Covid and Brexit, and now think Brexiters can reconstruct FTSE100 for selfish gains.

Neither can be done. FTSE composition is a construct of investor demands, volume and where stocks are listed (and that is up for debate depending the governments FS blueprint).

Calling me wrong, when you have displayed the financial acumen of a turnip is pretty funny. Especially as you claimed the biggest market punt ever.

So rather than me (repeating) why you know the square root of fk all about index performance (as others in the industry have done - with credentials) you could enlighten us to this mega trade you made, and how you computed for market and regulatory risk.

You can't, can you; because there isn't a publicly traded instrument that accounts for your position other than binary option scams.

Next time, don't bring a knife to a gunfight. Although I'm sure several of the echo chamber can wipe your tears.



crankedup

25,764 posts

244 months

Tuesday 20th October 2020
quotequote all
Stay in Bed Instead said:
crankedup said:
Support spoons ‘you know it makes sense’ drink
Our local still hasn’t opened since the start of the original lockdown!
Many never will.
Business opportunities for those that have been considering buying a local boozer perhaps.

Stay in Bed Instead

22,362 posts

158 months

Tuesday 20th October 2020
quotequote all
crankedup said:
Business opportunities for those that have been considering buying a local boozer perhaps.
To convert to residential no doubt.

Sway

26,315 posts

195 months

Tuesday 20th October 2020
quotequote all
Stay in Bed Instead said:
crankedup said:
Business opportunities for those that have been considering buying a local boozer perhaps.
To convert to residential no doubt.
No one would ever buy a house where the loo is that far away...

maz8062

2,248 posts

216 months

Tuesday 20th October 2020
quotequote all
SpeckledJim said:
rockin said:
Tuna said:
His point is that it has the square root of bugger all to do with Brexit. Is it really that hard to grasp?
And my point is that he's fundamentally wrong. Further, not one of you has been able to give any hint of where UK's future growthwill come from.

Boris has promised new prosperity in the sunlit uplands yet there's absolutely no indication of how it's going to be delivered. This from two weeks ago,

"The Prime Minister has called on British businesses to exploit the new opportunities he believes leaving the European Union will bring to the UK."

Only true believers can see the light...
The world's growth, in population and trade and wealth, is happening outside the EU. That's where the UK's future growth will come from.
The question that you replied to was where was the UK's future growth going to come from? I'm not sure the world outside of the EU helps in narrowing that down.

stongle

5,910 posts

163 months

Tuesday 20th October 2020
quotequote all
maz8062 said:
The question that you replied to was where was the UK's future growth going to come from? I'm not sure the world outside of the EU helps in narrowing that down.
Its an irrelevant question in the context of Rockin dying. He's trying to deflect his lack of knowledge whilst previously claiming the greatest trade since Jordan Belfort fked Steve Madden.

Oh, and the answer (near term) will be service industry growth. Since the EC already capitulated there (finance infratsructure) no reason to think it won't grow. In particular Fintech. We took over 85% of EU fintech deals in 2019.

Hopefully longer term (mid) high tech industrial growth, through the promised fiscal invest.

Longer term, we were always due to win.

anonymous-user

55 months

Tuesday 20th October 2020
quotequote all

don'tbesilly

13,937 posts

164 months

Tuesday 20th October 2020
quotequote all
Tuna said:
Helicopter123 said:
Whohe123 said:
The first of many companies?

https://twitter.com/EbooksDirect/status/1318176315...


Since the UK will no longer be operating in cooperation with EU tax bodies after the transition period ends, at that point the changes in the article linked to above will take effect. Those changes mean that companies functioning as online marketplaces (OMPs) selling directly to UK customers must (at considerable expense) register with the UK VAT office, and file remittance paperwork with the VAT office for every item sold. (This paperwork would have to be filed even when "selling" items that are below the VAT thresholds, or free. We would be entirely willing to simply decline to charge UK customers VAT, but the new regulations won't permit that.)
Sad news. There will be more.
In their letter they've said that the amount of sales they make to the UK is so small it doesn't justify the "huge expense" of being VAT registered in the UK... You might want to consider what that means. roflroflrofl

How long did you have to trawl the internet to find that gem?

Edited by Tuna on Tuesday 20th October 14:49
Great post thumbup

maz8062

2,248 posts

216 months

Tuesday 20th October 2020
quotequote all
stongle said:
maz8062 said:
The question that you replied to was where was the UK's future growth going to come from? I'm not sure the world outside of the EU helps in narrowing that down.
Its an irrelevant question in the context of Rockin dying. He's trying to deflect his lack of knowledge whilst previously claiming the greatest trade since Jordan Belfort fked Steve Madden.

Oh, and the answer (near term) will be service industry growth. Since the EC already capitulated there (finance infratsructure) no reason to think it won't grow. In particular Fintech. We took over 85% of EU fintech deals in 2019.

Hopefully longer term (mid) high tech industrial growth, through the promised fiscal invest.

Longer term, we were always due to win.
I notice that you always respond to questions in an overly technical way. Nothing that you've written above makes sense to everyday laypeople. if you have to answer a simple question in a complicated manner, you're either willy-waving, or trying to use bluster in your response. I suspect it is the latter - but each to their own.

I too work in financial services, but I've learned to respond to questions in ways that everyone can understand, not just technical bods.

If you genuinely believe that UK growth (near term) will be from service industry growth - you say fintech, this article disagrees with you:

https://www.businessinsider.com/uk-fintech-funding...


stongle

5,910 posts

163 months

Tuesday 20th October 2020
quotequote all
maz8062 said:
I notice that you always respond to questions in an overly technical way. Nothing that you've written above makes sense to everyday laypeople. if you have to answer a simple question in a complicated manner, you're either willy-waving, or trying to use bluster in your response. I suspect it is the latter - but each to their own.

I too work in financial services, but I've learned to respond to questions in ways that everyone can understand, not just technical bods.

If you genuinely believe that UK growth (near term) will be from service industry growth - you say fintech, this article disagrees with you:

https://www.businessinsider.com/uk-fintech-funding...
And how is that technical? Just admit YOU are out of your depth. That was the most simple answer ever, you don't like it. Grow up with the small boy insults. I've made it more than simple by using price of beer in Malia to describe FX, you want Janet and John???.... Someone claims to have beaten and de-risked Brexit, but doesn't understand the sectors in the FTSE Please, you just mugged yourself off (and I already called the sycophant echo chamber would jump to the defence to deflect the ignorance - you are piling it on).

The problem is people like you have to tried to dumb down the worlds most complex question into simplistic terms its not.

As for fintech raises. You do know what happened @ the end of Q1 2020?

Its rhetorical, probably difficult for you to answer. Stop conflating Covid and Brexit. The covid whiny threads are elsewhere.





Edited by stongle on Tuesday 20th October 18:02

tobinen

9,235 posts

146 months

Tuesday 20th October 2020
quotequote all
Digga said:
SpeckledJim said:
I reckon the deal is pretty much done, and they're now choreographing the best way for each to enable the other to climb down with as much remaining credibility as possible.
hehe

Stranger things have happened. In the end, it was always going to be;
a.) last minute, and
b.) a fudge of some description

Life is seldom perfect.
I think the EU side is too quiet, so I think SJ could well be correct or very close and I think your b) option will be a lot worse than a fudge. As Han Solo often says, 'I have a very bad feeling about this'.

Vanden Saab

14,126 posts

75 months

Tuesday 20th October 2020
quotequote all
maz8062 said:
stongle said:
maz8062 said:
The question that you replied to was where was the UK's future growth going to come from? I'm not sure the world outside of the EU helps in narrowing that down.
Its an irrelevant question in the context of Rockin dying. He's trying to deflect his lack of knowledge whilst previously claiming the greatest trade since Jordan Belfort fked Steve Madden.

Oh, and the answer (near term) will be service industry growth. Since the EC already capitulated there (finance infratsructure) no reason to think it won't grow. In particular Fintech. We took over 85% of EU fintech deals in 2019.

Hopefully longer term (mid) high tech industrial growth, through the promised fiscal invest.

Longer term, we were always due to win.
I notice that you always respond to questions in an overly technical way. Nothing that you've written above makes sense to everyday laypeople. if you have to answer a simple question in a complicated manner, you're either willy-waving, or trying to use bluster in your response. I suspect it is the latter - but each to their own.

I too work in financial services, but I've learned to respond to questions in ways that everyone can understand, not just technical bods.

If you genuinely believe that UK growth (near term) will be from service industry growth - you say fintech, this article disagrees with you:

https://www.businessinsider.com/uk-fintech-funding...
your link said:
UK fintech funding declined for the first half of 2020 by 39% compared with the same period in 2019.
Could be worse...
my link said:
Yet the start of 2020 saw a 45% funding drop in Europe
https://sifted.eu/articles/european-fintech-fundin...

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