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chris123 hove actually 13 Oct 17 9.44am
Originally posted by CambridgeEagle The EU is rated AAA/Aaa/AAA (outlook stable) by Fitch, Moody’s and DBRS EU debt is guaranteed by all 28 countries so includes the UK, and all existing debt will continue to be post Brexit. Our credit rating has already been downgraded since Brexit talks started and is under far greater pressure as we're much more exposed and our economy is performing less well. Market expectations are already factored into ratings, so any expectation on the Brexit deal will be factored in now. Also the UK is legally bound to make certain payments and to guarantee these loans, even once they've left. If we renege on this it's our credit rating that will suffer (again). Edited by CambridgeEagle (13 Oct 2017 9.28am) 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
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chris123

hove actually 13 Oct 17 9.44am

Originally posted by CambridgeEagle

The EU is rated AAA/Aaa/AAA (outlook stable) by Fitch, Moody’s and DBRS

EU debt is guaranteed by all 28 countries so includes the UK, and all existing debt will continue to be post Brexit.

Our credit rating has already been downgraded since Brexit talks started and is under far greater pressure as we're much more exposed and our economy is performing less well.

Market expectations are already factored into ratings, so any expectation on the Brexit deal will be factored in now. Also the UK is legally bound to make certain payments and to guarantee these loans, even once they've left. If we renege on this it's our credit rating that will suffer (again).

Edited by CambridgeEagle (13 Oct 2017 9.28am)

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

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Hrolf The Ganger 13 Oct 17 9.49am
Originally posted by hedgehog50 What is the latest progressive term for it then? He is only bitter because when he 'LOLs' he usually has a senior moment in his underwear.
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Hrolf The Ganger

13 Oct 17 9.49am

Send a Private Message to Hrolf The Ganger

Originally posted by hedgehog50

What is the latest progressive term for it then?

He is only bitter because when he 'LOLs' he usually has a senior moment in his underwear.

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hedgehog50 Croydon 13 Oct 17 9.50am
Originally posted by Kermit8 I think for the majority it most definitely was. Why do you think the demagogue Farage stood in front of that poster with that never ending line refugees/migrants? To put the willies up folk and to confirm that their unsure fears were entirely 'rational' is the answer. And a lot of Anti-EU rhetoric is, in the right-wing media anyway, unashamedly xenophobic. Some people buy into that. A lot apparently. 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. We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell]
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hedgehog50

Croydon 13 Oct 17 9.50am

Originally posted by Kermit8

I think for the majority it most definitely was. Why do you think the demagogue Farage stood in front of that poster with that never ending line refugees/migrants? To put the willies up folk and to confirm that their unsure fears were entirely 'rational' is the answer. And a lot of Anti-EU rhetoric is, in the right-wing media anyway, unashamedly xenophobic.

Some people buy into that. A lot apparently.

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.

We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell]

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CambridgeEagle Sydenham 13 Oct 17 9.55am
Originally posted by hedgehog50 LOL - you are a talented impersonator then. Edited by hedgehog50 (13 Oct 2017 9.34am) So someone who doesn't want to simply hand power from the EU straight to government ministers is, in your book, a "remainer"? Someone who wants to use an opportunity to make society fairer rather than simply agree to leave the EU at all costs, even if it makes us worse off and less fair, is a "remainer"? That would make you someone who believes that Brexit is simply for the elites and Brexit means Brexit and nothing more. At the moment Brexit is turning into Brexsh*t.
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CambridgeEagle

Sydenham 13 Oct 17 9.55am

Send a Private Message to CambridgeEagle

Originally posted by hedgehog50

LOL - you are a talented impersonator then.

Edited by hedgehog50 (13 Oct 2017 9.34am)

So someone who doesn't want to simply hand power from the EU straight to government ministers is, in your book, a "remainer"? Someone who wants to use an opportunity to make society fairer rather than simply agree to leave the EU at all costs, even if it makes us worse off and less fair, is a "remainer"?

That would make you someone who believes that Brexit is simply for the elites and Brexit means Brexit and nothing more. At the moment Brexit is turning into Brexsh*t.

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CambridgeEagle 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)
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CambridgeEagle

Sydenham 13 Oct 17 9.56am

Originally posted by chris123

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

Edited by CambridgeEagle (13 Oct 2017 9.56am)

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Kermit8 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]
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Kermit8

Hevon 13 Oct 17 9.57am

Originally posted by hedgehog50

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]

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chris123 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.
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chris123

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.

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CambridgeEagle 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.
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CambridgeEagle

Sydenham 13 Oct 17 10.04am

Originally posted by hedgehog50

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.

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CambridgeEagle 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.
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CambridgeEagle

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.

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chris123 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.
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chris123

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.

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Stirlingsays 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)
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Stirlingsays

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)

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CambridgeEagle 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.
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CambridgeEagle

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.

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