The Brexit Thread (LOCKED)
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 Stuk  Top half 09 Aug 16 4.56pm |
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The EU have decided not to fine Spain and Portugal for budget deficits, and did the same for France last year. I wonder what they'd do if it were the UK?
Optimistic as ever |
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| steeleye20 Croydon 09 Aug 16 6.24pm |
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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!!
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| nhp61 Goring-By-Sea born, now in Brackne... 09 Aug 16 7.05pm |
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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.
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ASCPFC  Pro-Cathedral/caravan park 10 Aug 16 2.25pm |
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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.
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| Stuk Top half 10 Aug 16 2.36pm |
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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. Yes, they are. Summer 21 July 2016 5 September 2016
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| ASCPFC Pro-Cathedral/caravan park 10 Aug 16 2.42pm |
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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.
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| .TUX. 09 Sep 16 3.35pm |
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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. The imminent collapse of Deutsche Bank will speed things up.
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| steeleye20 Croydon 09 Sep 16 4.29pm |
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The ingredients of the 2008 crash seems like they never went away.........
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| Stuk Top half 09 Sep 16 4.33pm |
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Originally posted by steeleye20
The ingredients of the 2008 crash seems like they never went away......... Bad US debt repackaged as AAA you mean?
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| Hoof Hearted 09 Sep 16 4.35pm | |
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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?
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| steeleye20 Croydon 09 Sep 16 5.32pm |
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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.
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| Hoof Hearted 10 Sep 16 9.49am | |
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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!
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