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The Brexit Thread (LOCKED)
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 matt_himself  Matataland 04 Sep 17 5.49am |
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Originally posted by legaleagle
Originally posted by matt_himself
You really can be a patronising bore when you want to be. ..................................................... better than being a jerk who makes quips about people with stutters Edited by legaleagle (03 Sep 2017 6.57pm) Quite. One awaits your next quips about anyone whom you consider oppose your 'agenda' as 'mad', 'distasteful' or some similar label with irony.
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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| matt_himself Matataland 04 Sep 17 5.57am |
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What has been the Remain camp and the EU's riposte to the Brexit vote? Has there been constructive introspection, analysis of what went wrong and how they could reform & convey their agenda in a more positive manner that would reach the hearts & minds of the EU disillusioned? No. There has been scare tactics, demands for ridiculous amounts of money and a smearing of the British negotiating team n the press, where a lot of fake news has been constructed. I don't understand why people think that we aren't better off out of this hornets nest. The only argument is 'trade bloc' status, yet a free trade deal will be done because it is in the interests of EU domicile companies. All the EU want's is our money. They need our contribution to keep the gravy train moving. They have no interest in promoting integration or collaborating with us, if they did then matters like the Calais camp would have never happened. The EU is a mess and it's existence appears to be to facilitate cheap French and German exports through the artificially low Euro, a currency created off of the back of lies, used to enslave Southern European countries and when the next set of Italian and Spanish banks crash, will crumble. There is no 'cliff edge'. Just the chance to free ourselves from Brussels grasp, engage with the World, 93% of the Worlds population live outside of the EU, and determine our own future. Edited by matt_himself (04 Sep 2017 5.59am)
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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| Stirlingsays 04 Sep 17 6.01am |
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Originally posted by steeleye20
There is not the slightest reason for the EU to collapse. Neither has Russia or the eastern bloc countries collapsed. But it is quite likely that the UK will break up.
He's referring to the old soviet union genius, you know as in USSR! Which most definitely collapsed. As for the no reason for the EU to collapse. The UK could break up and if that's the democratic will then fair enough.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| .TUX. 04 Sep 17 7.13am |
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Originally posted by steeleye20
There is not the slightest reason for the EU to collapse. Neither has Russia or the eastern bloc countries collapsed. But it is quite likely that the UK will break up.
The EU has been 'funded' by the ECB's continued policy of QE ie PRINTING DEBT (from thin-air......that will one-day have to be repaid!) to artificially manipulate the bloc as a whole: ''The German Constitutional Court has found indications that the ECB’s government bond purchases may violate EU law and has asked the European Court of Justice to make a ruling. The German judges say that ECB bond buys may go beyond the central bank's mandate and inhibit euro zone members' activities. The issue is no doubt delicate: If the ECB is prohibited from buying government bonds (let alone reverse its purchases), all hell may break loose in the euro area: Many government and banks would find it increasingly difficult to roll-over their maturing debt and take on new loans at affordable interest rates. The euro project would immediately find itself in hot water. Without a monetary policy of ultra-low interest rates and bailing out struggling borrowers by printing up new money (or promising to do so, if needed) the euro project would already have gone belly up. So far the ECB has indeed successfully concealed that the pipe dream of successfully creating and running a single fiat currency has failed''. And that's without mentioning the ever-growing social tensions.
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| legaleagle 04 Sep 17 9.14am |
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Originally posted by matt_himself
Quite. One awaits your next quips about anyone whom you consider oppose your 'agenda' as 'mad', 'distasteful' or some similar label with irony. Not anyone.Just you.And nothing to do with your underlying views.And the preferred term is "bonkers"...
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| matt_himself Matataland 04 Sep 17 9.33am |
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Originally posted by legaleagle
Not anyone.Just you.And nothing to do with your underlying views.And the preferred term is "bonkers"... It would help your cause if you offered an alternative opinion to posts, rather than just resorting to the 'bonkers', 'distasteful' or similar one lined response.
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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| .TUX. 04 Sep 17 9.50pm |
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Originally posted by .TUX.
The EU has been 'funded' by the ECB's continued policy of QE ie PRINTING DEBT (from thin-air......that will one-day have to be repaid!) to artificially manipulate the bloc as a whole: ''The German Constitutional Court has found indications that the ECB’s government bond purchases may violate EU law and has asked the European Court of Justice to make a ruling. The German judges say that ECB bond buys may go beyond the central bank's mandate and inhibit euro zone members' activities. The issue is no doubt delicate: If the ECB is prohibited from buying government bonds (let alone reverse its purchases), all hell may break loose in the euro area: Many government and banks would find it increasingly difficult to roll-over their maturing debt and take on new loans at affordable interest rates. The euro project would immediately find itself in hot water. Without a monetary policy of ultra-low interest rates and bailing out struggling borrowers by printing up new money (or promising to do so, if needed) the euro project would already have gone belly up. So far the ECB has indeed successfully concealed that the pipe dream of successfully creating and running a single fiat currency has failed''. And that's without mentioning the ever-growing social tensions. As i thought, far too painful for many here to digest.
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| steeleye20 Croydon 04 Sep 17 10.00pm |
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Originally posted by .TUX.
The EU has been 'funded' by the ECB's continued policy of QE ie PRINTING DEBT (from thin-air......that will one-day have to be repaid!) to artificially manipulate the bloc as a whole: ''The German Constitutional Court has found indications that the ECB’s government bond purchases may violate EU law and has asked the European Court of Justice to make a ruling. The German judges say that ECB bond buys may go beyond the central bank's mandate and inhibit euro zone members' activities. The issue is no doubt delicate: If the ECB is prohibited from buying government bonds (let alone reverse its purchases), all hell may break loose in the euro area: Many government and banks would find it increasingly difficult to roll-over their maturing debt and take on new loans at affordable interest rates. The euro project would immediately find itself in hot water. Without a monetary policy of ultra-low interest rates and bailing out struggling borrowers by printing up new money (or promising to do so, if needed) the euro project would already have gone belly up. So far the ECB has indeed successfully concealed that the pipe dream of successfully creating and running a single fiat currency has failed''. And that's without mentioning the ever-growing social tensions. What you are describing is a financial crisis in the EU no more.
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| .TUX. 05 Sep 17 5.35pm |
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Originally posted by steeleye20
What you are describing is a financial crisis in the EU no more. Phew, and there's me thinking it'd have a major effect on the rest of the planet. In other 'irrelevant' news.......... ''As Jim McCaughan, CEO of Principal Global Investors, told Bloomberg, the European banking system as a whole — and the Italian banking system in particular — has a questionable level of capital and that could lead to problems in the next economic slowdown. “For many banks, prosperity is very dependent on continuity of the economic momentum,” said McCaughan. And continuity of the current reality something that is far from guaranteed, especially given it depends almost entirely on the continued monetary support provided by the European Central Bank, which boasts a negative policy rate and the biggest balance sheet of any central bank on planet Earth. The ECB knows that more banks will collapse, which is why it’s taking preemptive steps now to ensure that the next time an important bank begins to wobble, it can swoop down and freeze its customers’ deposits — insured or not. Unbeknownst to hundreds of millions of European citizens, the ECB is quietly tightening a noose around their savings''.
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| nickgusset Shizzlehurst 05 Sep 17 10.59pm |
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I don't know whether to laugh or cry... [Tweet Link]
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| Stirlingsays 05 Sep 17 11.05pm |
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Originally posted by nickgusset
I don't know whether to laugh or cry... Shouldn't Corbyn be on that too?
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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| steeleye20 Croydon 06 Sep 17 12.50pm |
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Originally posted by .TUX.
Phew, and there's me thinking it'd have a major effect on the rest of the planet. In other 'irrelevant' news.......... ''As Jim McCaughan, CEO of Principal Global Investors, told Bloomberg, the European banking system as a whole — and the Italian banking system in particular — has a questionable level of capital and that could lead to problems in the next economic slowdown. “For many banks, prosperity is very dependent on continuity of the economic momentum,” said McCaughan. And continuity of the current reality something that is far from guaranteed, especially given it depends almost entirely on the continued monetary support provided by the European Central Bank, which boasts a negative policy rate and the biggest balance sheet of any central bank on planet Earth. The ECB knows that more banks will collapse, which is why it’s taking preemptive steps now to ensure that the next time an important bank begins to wobble, it can swoop down and freeze its customers’ deposits — insured or not. Unbeknownst to hundreds of millions of European citizens, the ECB is quietly tightening a noose around their savings''. As you can see people are not falling over in surprise at your post neither would we be surprised by a huge financial crash at any moment, indeed it looks like when and not if. Quite see your technical points about the ECB but for Joe Bloggs he knows its going to happen but not where or when.
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