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The Brexit Thread (LOCKED)


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Stuk Flag Top half 09 Aug 16 4.56pm

The EU have decided not to fine Spain and Portugal for budget deficits, and did the same for France last year.

[Link]

I wonder what they'd do if it were the UK?

 


Optimistic as ever

steeleye20 Flag Croydon 09 Aug 16 6.24pm

Does not apply to UK - only countries with Euro currency.

Offending countries with budget deficits of more than 3% have to get into line I think within next year.

Rather an empty threat tho only gets their backs up.

Solid financially though which means it would never happen here!!

 

nhp61 Flag Goring-By-Sea born, now in Brackne... 09 Aug 16 7.05pm

Originally posted by steeleye20

Hi S - I mean vote against the whole thing - the treaty is between us and the EU - the Parliament of the EU will have to ratify and if it is not in their interests they may vote No.

Consequences?

If Remain had won, the pathetic "concessions" that Cameron had squeezed out of them could well have been overturned by the eu parliament. I recollect that the eu parliament actually threatened just that, which would have made the referendum a complete waste of time and money.

However, seeing as how Leave won, and once we trigger article 50, there is nothing the eu parliament, the eu commissioners, and those who refuse to accept the outcome of the referendum, can do to stop us leaving after 2 years.


 

ASCPFC Flag Pro-Cathedral/caravan park 10 Aug 16 2.25pm

I don't see the government taking any advantage out of Brexit. They should be using their freedom already to overturn EU legislation. Not like there is anything the EU can really do now. Their first priority should be to sort out the heavy industries such as Coal, gas and steel but I'm not really seeing anything.
Even a huge 'buy British' campaign would be something, on the back of a rise in national pride - but again nothing of note.
Government inaction should be far more worrying. Are they just on holiday?

 


Red and Blue Army!

Stuk Flag Top half 10 Aug 16 2.36pm

Originally posted by ASCPFC

I don't see the government taking any advantage out of Brexit. They should be using their freedom already to overturn EU legislation. Not like there is anything the EU can really do now. Their first priority should be to sort out the heavy industries such as Coal, gas and steel but I'm not really seeing anything.
Even a huge 'buy British' campaign would be something, on the back of a rise in national pride - but again nothing of note.
Government inaction should be far more worrying. Are they just on holiday?

Yes, they are.

Summer 21 July 2016 5 September 2016

 


Optimistic as ever

ASCPFC Flag Pro-Cathedral/caravan park 10 Aug 16 2.42pm

Originally posted by Stuk

Yes, they are.

Summer 21 July 2016 5 September 2016

Yes, I suspected as such, working hard on their tans whilst the global economy, and especially Britain's, heads towards another major downturn. The kind of government we need in this time of crisis.
Britain's bond yields went negative today. Investors will be doing Britain no favours.

 


Red and Blue Army!

.TUX. Flag 09 Sep 16 3.35pm

Originally posted by ASCPFC

Yes, I suspected as such, working hard on their tans whilst the global economy, and especially Britain's, heads towards another major downturn. The kind of government we need in this time of crisis.
Britain's bond yields went negative today. Investors will be doing Britain no favours.

The imminent collapse of Deutsche Bank will speed things up.

 


Buy Litecoin.

steeleye20 Flag Croydon 09 Sep 16 4.29pm

The ingredients of the 2008 crash seems like they never went away.........

 

Stuk Flag Top half 09 Sep 16 4.33pm

Originally posted by steeleye20

The ingredients of the 2008 crash seems like they never went away.........

Bad US debt repackaged as AAA you mean?

 


Optimistic as ever

Hoof Hearted 09 Sep 16 4.35pm

Originally posted by steeleye20

Does not apply to UK - only countries with Euro currency.

Offending countries with budget deficits of more than 3% have to get into line I think within next year.

Rather an empty threat tho only gets their backs up.

Solid financially though which means it would never happen here!!

No...... but the EU imposed £1.7 Billion surcharge in 2014 because our economy was doing so well compared to other EU nations though..... Or had you forgotten?

 

steeleye20 Flag Croydon 09 Sep 16 5.32pm

Actually no I remember the PM paid in full and not half of it that the chancellor claimed he had negotiated.

The one-off charge does appear to penalise a country with better GDP but in our case we had years of rebates and that was taken into account against countries who had none. Greece were not spared.

The point I was making is that the EU have a ceiling in place to prevent further budget crises caused by over-spending countries having the Euro.

We are not in the euro and can continue our debt culture.

 

Hoof Hearted 10 Sep 16 9.49am

Originally posted by steeleye20

Actually no I remember the PM paid in full and not half of it that the chancellor claimed he had negotiated.

The one-off charge does appear to penalise a country with better GDP but in our case we had years of rebates and that was taken into account against countries who had none. Greece were not spared.

The point I was making is that the EU have a ceiling in place to prevent further budget crises caused by over-spending countries having the Euro.

We are not in the euro and can continue our debt culture.

What I remember is that the £1.7Billion surcharge was conveniently forgotten/brushed under the carpet by the Remain campaigners who would have us continue to be EU members and subsidise Greece and other lame duck economies that have spent well beyond their means.

Despite the rebates we received - our annual contributions to the EU coffers were far in excess of any subsidies we received - IE we were a net contributor and most of our contribution was spunked away on bureaucracy and criminal waste by the EU officials itself not to mention the likes of Greece calling on bail outs to support their economy.

That should be the point you are making!

 

Percy of Peckham Flag Eton Mess 10 Sep 16 10.04am

Originally posted by Stuk

Yes, they are.

Summer 21 July 2016 5 September 2016

You wouldn't seriously expect anyone in government or the civil service to cancel their 6 week summer break would you?

It's probably why so far there has been little impact of Brexit ...there's no one around governing or administrating!

 


Denial is not just a river in Egypt!

Y Ddraig Goch Flag In The Crowd 10 Sep 16 10.33am

Originally posted by ASCPFC

I don't see the government taking any advantage out of Brexit. They should be using their freedom already to overturn EU legislation. Not like there is anything the EU can really do now. Their first priority should be to sort out the heavy industries such as Coal, gas and steel but I'm not really seeing anything.
Even a huge 'buy British' campaign would be something, on the back of a rise in national pride - but again nothing of note.
Government inaction should be far more worrying. Are they just on holiday?

In the vast majority of cases, If you are going to overturn legislation you will need to replace it with something. You can't just say something doesn't apply anymore. Also we are still in Europe so said legislation still applies anyway.

Rise on national pride? I haven't seen much, a little post Olympics but that's it.

Anyone see Liam Fox's comments? I make him pretty much spot on.

 


the dignified don't even enter in the game

.TUX. Flag 10 Sep 16 12.05pm

Originally posted by steeleye20

The ingredients of the 2008 crash seems like they never went away.........

........and have only got worse.

Time to batten down the hatches.

 


Buy Litecoin.

steeleye20 Flag Croydon 10 Sep 16 6.29pm

Notice how suddenly the posh boys disappeared?

 

Hoof Hearted 11 Sep 16 11.20am

Originally posted by steeleye20

Notice how suddenly the posh boys disappeared?

Tony Benn died...... who else are you talking about?

 

Rushdeneagle Flag Gainsborough, Lincolnshire 11 Sep 16 11.29am

Tony Benn died...... who else are you talking about

Are you getting this mixed up with the Sunday morning joke page?

 

Hoof Hearted 11 Sep 16 11.37am

Originally posted by Rushdeneagle

Tony Benn died...... who else are you talking about

Are you getting this mixed up with the Sunday morning joke page?

No.... just winding up the left wing comrades for a laugh.

You have to admit they don't come much posher than Tony Benn!

 

steeleye20 Flag Croydon 11 Sep 16 11.40am

Absurd what about Tony Benn - labour politician died 2014 aged 88 retired not even alive at the time of the EU vote.

 

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