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The Brexit Thread (LOCKED)


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CambridgeEagle Flag Sydenham 13 Oct 17 9.56am

Originally posted by chris123

Standard and Poor go AA which is what I looking at - quote - the European Union has suffered a downgrade of its long-term credit rating following the UK's Brexit vote last week. In a move that will increase the borrowing costs for the 28-member bloc, the credit ratings agency S&P said the EU should see its status as a safe haven for investors reduced to AA from AA+. ENDS

All other ratings agencies have it at AAA. And that's right now. Not June 2016.

Edited by CambridgeEagle (13 Oct 2017 9.56am)

 

Kermit8 Flag Hevon 13 Oct 17 9.57am

Originally posted by hedgehog50

Ashcroft report - on referendum day he surveyed 12,369 people after they had voted to help explain the result – who voted for which outcome, and what lay behind their decision.
"Nearly half (49%) of leave voters said the biggest single reason for wanting to leave the EU was “the principle that decisions about the UK should be taken in the UK”. One third (33%) said the main reason was that leaving “offered the best chance for the UK to regain control over immigration and its own borders.” Just over one in eight (13%) said remaining would mean having no choice “about how the EU expanded its membership or its powers in the years ahead.” Only just over one in twenty (6%) said their main reason was that “when it comes to trade and the economy, the UK would benefit more from being outside the EU than from being part of it.”

I canvassed for Leave in the run up to the referendum and found that the reasons given above are similar to what I was told. My only surprise was that the Leave vote wasn't larger as I came across hardly any Remainers - mind you me menacing them on their doorstep might have made them less frank.

Interesting stats. But generally people are very reluctant, and we have proof on here everyday, to admit that they have issues with foreigners. It's not really de riguer, is it? Something to be skirted around.

 


Big chest and massive boobs

[Link]


chris123 Flag hove actually 13 Oct 17 10.03am

Originally posted by CambridgeEagle

All other ratings agencies have it at AAA. And that's right now. Not June 2016.

Edited by CambridgeEagle (13 Oct 2017 9.56am)

Again you need to be careful not to misrepresent - unchanged since June 2016.

 

CambridgeEagle Flag Sydenham 13 Oct 17 10.04am

Originally posted by hedgehog50

Ashcroft report - on referendum day he surveyed 12,369 people after they had voted to help explain the result – who voted for which outcome, and what lay behind their decision.
"Nearly half (49%) of leave voters said the biggest single reason for wanting to leave the EU was “the principle that decisions about the UK should be taken in the UK”. One third (33%) said the main reason was that leaving “offered the best chance for the UK to regain control over immigration and its own borders.” Just over one in eight (13%) said remaining would mean having no choice “about how the EU expanded its membership or its powers in the years ahead.” Only just over one in twenty (6%) said their main reason was that “when it comes to trade and the economy, the UK would benefit more from being outside the EU than from being part of it.”

I canvassed for Leave in the run up to the referendum and found that the reasons given above are similar to what I was told. My only surprise was that the Leave vote wasn't larger as I came across hardly any Remainers - mind you me menacing them on their doorstep might have made them less frank.


I assume making decisions in the UK wouldn't simply be satisfied by moving the EU parliament building to the UK. People must have wanted decision to be made in Parliament. Which I have no problem with.

The real question is what the point is of making these decisions, not simply who is making them, and how those decisions will be different and will they be better and make society fairer and the economy stronger.

 

CambridgeEagle Flag Sydenham 13 Oct 17 10.05am

Originally posted by chris123

Again you need to be careful not to misrepresent - unchanged since June 2016.

All other ratings agencies AAA. UK have no AAA rating with any agency. No misrepresentation.

 

chris123 Flag hove actually 13 Oct 17 10.15am

Originally posted by CambridgeEagle

All other ratings agencies AAA. UK have no AAA rating with any agency. No misrepresentation.

It is if you don't quote France, Italy and Spain - because the EU rating is underpined by Germany.

 

Stirlingsays Flag 13 Oct 17 10.42am

Originally posted by chris123

It is if you don't quote France, Italy and Spain - because the EU rating is underpined by Germany.

I doubt highly that any of the left wingers on here would have approved of Germany's internal economic policies that earnt them the position they gained.

I'm a democrat, I want the chance to remove my leaders. I look at the EU and I don't like what I see.

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

CambridgeEagle Flag Sydenham 13 Oct 17 10.43am

Originally posted by chris123

It is if you don't quote France, Italy and Spain - because the EU rating is underpined by Germany.


So? Imagine quoting the credit rating for the UK ignoring London. France, Italy and Spain are all in the EU as is Germany so making contributions to its credit rating and you can't just discount one to try and make it seem that the EU has an intrinsic problem with debt which is unique to the EU. Economic fundamentals in the UK are very poor, and our credit rating reflects that it's worse than the EU as a club.

 

CambridgeEagle Flag Sydenham 13 Oct 17 10.52am

Originally posted by Stirlingsays

I doubt highly that any of the left wingers on here would have approved of Germany's internal economic policies that earnt them the position they gained.

I'm a democrat, I want the chance to remove my leaders. I look at the EU and I don't like what I see.


If we had the level of public investment that Germany had I'd be quite pleased. R&D here is half of what it is in Germany. Our productivity is much lower. Corporate investment is lower in the UK. Inequality is higher in the UK compared with Germany. They have a budget surplus. The questionable element of their economic policy is their trade surplus which is way too high. Their treatment of Greece was also reprehensible. However their internal economic policy... I fail to see how it is anywhere near as bad as ours?

 

Kermit8 Flag Hevon 13 Oct 17 10.54am

Isn't Germany just better managed for the benefit of its citizens than we are for ours?

Why we still look across the pond for guidance is perplexing. Some of the answers to our problems are enacted much closer to home. The templates are there. Health provision in Deutschland, for example.

Edited by Kermit8 (13 Oct 2017 10.56am)

 


Big chest and massive boobs

[Link]


chris123 Flag hove actually 13 Oct 17 11.15am

Originally posted by CambridgeEagle


So? Imagine quoting the credit rating for the UK ignoring London. France, Italy and Spain are all in the EU as is Germany so making contributions to its credit rating and you can't just discount one to try and make it seem that the EU has an intrinsic problem with debt which is unique to the EU. Economic fundamentals in the UK are very poor, and our credit rating reflects that it's worse than the EU as a club.

That's exactly what you have done though - we are still in the EU!

 

nickgusset Flag Shizzlehurst 13 Oct 17 11.17am

When's this thread going gold?

 

Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 13 Oct 17 11.32am

Originally posted by nickgusset

When's this thread going gold?

Why? Do you want to sell it off on the cheap?

 

davenotamonkey Flag 13 Oct 17 11.55am

Originally posted by hedgehog50

Ashcroft report - on referendum day he surveyed 12,369 people after they had voted to help explain the result – who voted for which outcome, and what lay behind their decision.
"Nearly half (49%) of leave voters said the biggest single reason for wanting to leave the EU was “the principle that decisions about the UK should be taken in the UK”. One third (33%) said the main reason was that leaving “offered the best chance for the UK to regain control over immigration and its own borders.” Just over one in eight (13%) said remaining would mean having no choice “about how the EU expanded its membership or its powers in the years ahead.” Only just over one in twenty (6%) said their main reason was that “when it comes to trade and the economy, the UK would benefit more from being outside the EU than from being part of it.”

I canvassed for Leave in the run up to the referendum and found that the reasons given above are similar to what I was told. My only surprise was that the Leave vote wasn't larger as I came across hardly any Remainers - mind you me menacing them on their doorstep might have made them less frank.

Thanks hedgehog, from a fellow racist xenophobe. I was digging out the very same data when I saw this. My reply would have been merely the link, with a sigh. You are to be commended for feeding him the facts.

 

nickgusset Flag Shizzlehurst 13 Oct 17 12.38pm

Originally posted by Hrolf The Ganger

Why? Do you want to sell it off on the cheap?

Like Royal Mail was?

In other news, could there be legal action to release reports on Brexit impact across industries?

[Link]

 

davenotamonkey Flag 13 Oct 17 1.06pm

Originally posted by nickgusset

Like Royal Mail was?

In other news, could there be legal action to release reports on Brexit impact across industries?

[Link]

Lol. Good old "Joly from the block". Always good for making a pretty penny off the back of naive remainiacs. How did his last "challenge" go in Dublin? "f*** all legal merit" was the polite way the AG and courts declared it, after he quietly dropped it. Did he buy another windmill with the profits?

Like taking sweets from a baby. I hope all you remainiacs paid into his crowdfund. Lol.

And yes, apologies for triggering you. I am using lol.

Meanwhile, Druncker had been let out after the routine boozy Brussels lunch. Go see what ole Cognac-Claude's been ranting about today.

Lol.

 

npn Flag Crowborough 13 Oct 17 1.12pm

Here's a question: let's suppose Brexit could be stopped (regardless of the rights and wrongs). We withdraw Article 50 (which I understand we would be allowed to do), what do you reckon the ongoing relationship with the EU would be like? Do we just accept the fact that we ought to be there for our own good an nothing else, start using all the treaty items which we haven't done before (throwing out unemployed EU nationals, for instance, vetoing anything we don't like, etc)

Would the relationship ever work?

 

steeleye20 Flag Croydon 13 Oct 17 1.16pm

Junckers is simply saying that the arrangements for UK nationals and for EU nationals residing in the UK should have stayed as they were.

The mistreatment of EU nationals here in the UK is a real stumbling block IMO and the UK will be in the dock, deservedly so.


 

Stirlingsays Flag 13 Oct 17 1.19pm

Originally posted by steeleye20

Junckers is simply saying that the arrangements for UK nationals and for EU nationals residing in the UK should have stayed as they were.

The mistreatment of EU nationals here in the UK is a real stumbling block IMO and the UK will be in the dock, deservedly so.


Make sure you don't slip off that finger.

 


'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

CambridgeEagle Flag Sydenham 13 Oct 17 1.28pm

Originally posted by chris123

That's exactly what you have done though - we are still in the EU!


No I'm not. The UK has it's own credit rating, which is AA2. The EU has a credit rating as it has a central bank which is capable of issuing bonds which are guaranteed by the 28 member states. With the majority of agencies the EU's rating is AAA.

If you want to apply your logic the EU's rating will actually IMPROVE once Britain leaves as its poor rating is dragging down the average of the EU's collective rating.

 

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