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The Brexit Thread (LOCKED)

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matt_himself Flag Matataland 29 Jan 18 7.01pm Send a Private Message to matt_himself Add matt_himself as a friend

Originally posted by pefwin

Was he talking QE, it did not make much sense.

You have to back your assertion about Leave campaign saying it would ‘get rid of foreigners’.

Or did you make that up?

 


"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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Stuk Flag Top half 29 Jan 18 7.34pm Send a Private Message to Stuk Add Stuk as a friend

Originally posted by Penge Eagle

It works perfectly fine for customs checks between Sweden (EU) and Norway (non EU).

Frictionless borders: learning from Norway [Link]

And they, like us, had their travel agreement in place long before the EU did.

 


Optimistic as ever

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Cucking Funt Flag Clapham on the Back 29 Jan 18 9.18pm Send a Private Message to Cucking Funt Add Cucking Funt as a friend

Originally posted by matt_himself

You have to back your assertion about Leave campaign saying it would ‘get rid of foreigners’.

Or did you make that up?

It's just another accusation tossed around by condescending buffoons who can't accept that people can actually think for themselves.

 


Wife beating may be socially acceptable in Sheffield, but it is a different matter in Cheltenham

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CambridgeEagle Flag Sydenham 30 Jan 18 5.26pm Send a Private Message to CambridgeEagle Add CambridgeEagle as a friend

Originally posted by Penge Eagle

It works perfectly fine for customs checks between Sweden (EU) and Norway (non EU).

Frictionless borders: learning from Norway [Link]


My understanding is that it is quite irksome and not all that "frictionless".

Don't forget Norway is a member of EFTA and the EEA and so is in the single market and has to agree to harmonise regulation with the EU and implement lots of EU law.

It also has physical infrastructure at border crossings, such as electronic number plate recognition cameras, which is something the government has said they don't want.


We're being told that there will be "unique" but unspecific solutions for UK/Ireland.

Edited by CambridgeEagle (30 Jan 2018 5.27pm)

 

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CambridgeEagle Flag Sydenham 30 Jan 18 5.58pm Send a Private Message to CambridgeEagle Add CambridgeEagle as a friend

Lord Bridges of Headley’s speech in the Lords (former Brexit minister):


"What is the country we wish to build once we have left the European Union? Only once we have answered this question can we properly and fully answer the second question - what agreement do we want to strike with the European Union? What do we value more, parliamentary sovereignty and control, or market access and trade?

Four months on, and there are still no clear answers to these basic, critical questions. All we hear, day after day, are conflicting, confusing voices. If this continues, and ministers cannot agree among themselves on the future relationship the Government wants, how can this prime minister possibly negotiate a clear, precise heads of terms for the future relationship with the EU?

My fear is that we will get meaningless waffle in a political declaration in October. The implementation period will not be a bridge to a clear destination. It will be a gang plank into thin air.

The EU will have the initiative in the second stage of the negotiations and we shall find ourselves forced to accept a deal that gives us access to EU markets, but without UK politicians having a meaningful say over swathes of legislation and regulation.

Some may say this outcome would not be the end of the world. Some may say it’s inevitable.

My point today is this. At this pivotal moment in our history, we cannot, we must not, indulge in that very British habit of just muddling through. With under 300 working days until we leave the European Union, we need to know the government’s answers to these simple questions.

The government must be honest with themselves and the public about the choices we face. And then the Prime Minister and her cabinet must make those choices. As has been said, to govern is to choose, and as we face the biggest challenge this country has faced since the Second World War, keeping every option open is no longer an option."


I can't help but agree with him. Today has been a story of further Brexit mismanagement by the government. The whole process has been a perfect example of the phrase "fail to prepare, prepare to fail". This utter failure to set out the stall pre-referendum has had the totally foreseeable effect of allowing mass debate and infighting on the direction of Brexit and these arguments and fights gain new momentum every time a memo is leaked or David Davis says something incompetent (quite often then).

The lack of skill with which the government put together the withdrawal bill also means it's not fit for purpose and so this makes the situation even worse and less clear as it will be ripped to shreds in the Lords. Add to this courts finding against the government on 2 completely separate issues (to add to a litany of other issues on which this government has wasted tax payers money trying to fight and appeal in the courts), and you get a picture of a government in paralysis and riddled with incompetence and a lack of ideas, ruining any possible chance that Brexit could have been a success.

Time for May to go and she should take the rest of the cabinet with her.

 

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.TUX. Flag 30 Jan 18 7.00pm

Originally posted by CambridgeEagle


How is the EU's QE programme that drastically different from that of the UK or the US?

It isn't, and that's the problem.

Continually propping up economies with QE (debt that will have to be repaid by the masses) is the equivalent of any one of us 'spanking the plastic' just to maintain, NOT EVEN GROW, a certain lifestyle.
Global debt currently far far exceeds global growth, so it obviously isn't working.
QE, that will ultimately be repaid by the 99%, has done nothing more than enrich further the (already rich!) 1% .

It really is simple as that.




 


Buy Litecoin.

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CambridgeEagle Flag Sydenham 30 Jan 18 10.46pm Send a Private Message to CambridgeEagle Add CambridgeEagle as a friend

Originally posted by .TUX.

It isn't, and that's the problem.

Continually propping up economies with QE (debt that will have to be repaid by the masses) is the equivalent of any one of us 'spanking the plastic' just to maintain, NOT EVEN GROW, a certain lifestyle.
Global debt currently far far exceeds global growth, so it obviously isn't working.
QE, that will ultimately be repaid by the 99%, has done nothing more than enrich further the (already rich!) 1% .

It really is simple as that.





I agree QE is unfair. Not sure how it leaving the EU will make any difference seeing as we're not in the Eurozone.

 

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.TUX. Flag 31 Jan 18 8.24am

Originally posted by CambridgeEagle


I agree QE is unfair. Not sure how it leaving the EU will make any difference seeing as we're not in the Eurozone.

It's legalised fraud.
The policies of Draghi (continually spanking the plastic just to support, not grow an economy) show just how fragile the bloc really is so it's better to be out of it, well as far away as possible (pfft), than in it, imo.

US debt has grown 8x faster than GDP this century. I imaging the rest of the world is (in the main) similar.
Worrying times.


 


Buy Litecoin.

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CambridgeEagle Flag Sydenham 31 Jan 18 9.11am Send a Private Message to CambridgeEagle Add CambridgeEagle as a friend

Originally posted by .TUX.

It's legalised fraud.
The policies of Draghi (continually spanking the plastic just to support, not grow an economy) show just how fragile the bloc really is so it's better to be out of it, well as far away as possible (pfft), than in it, imo.

US debt has grown 8x faster than GDP this century. I imaging the rest of the world is (in the main) similar.
Worrying times.



The bloc you're talking about though is the Eurozone. the EU can exist without the Eurozone, although dismantling it would be painful and could easily end in disaster, but would not necessarily be more difficult than Brexit.

I agree to an extent that debt is a problem and QE has been a really unfairly managed policy. In and of itself though, monetary policy is just another policy tool available to central banks. It can be used to invest in infrastructure etc. but instead it's used to prop up asset prices and so has no real economic benefit, other than keeping the wolf from the door.

Debt can be a force for good, if used to stimulate growth and increases in productivity and living standards. If returns from debt financing outweigh the cost of debt the debt's share of GDP falls and there is a net benefit. It requires good fiscal policy though, something we've not had for 7 years. The US have done a lot better thanks to Obama's stimulus program.

 

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.TUX. Flag 01 Feb 18 8.53pm

Originally posted by CambridgeEagle


The bloc you're talking about though is the Eurozone. the EU can exist without the Eurozone, although dismantling it would be painful and could easily end in disaster, but would not necessarily be more difficult than Brexit.

I agree to an extent that debt is a problem and QE has been a really unfairly managed policy. In and of itself though, monetary policy is just another policy tool available to central banks. It can be used to invest in infrastructure etc. but instead it's used to prop up asset prices and so has no real economic benefit, other than keeping the wolf from the door.

Debt can be a force for good, if used to stimulate growth and increases in productivity and living standards. If returns from debt financing outweigh the cost of debt the debt's share of GDP falls and there is a net benefit. It requires good fiscal policy though, something we've not had for 7 years. The US have done a lot better thanks to Obama's stimulus program.

As with every POTUS before him, Obama 'stimulised' diddly. Money printed from thin-air and thrown by the barrel load to Wall Street is irrelevant. It's a casino.
Obama (give or take the odd farthing) 'borrowed' more than every single POTUS before him, ie DOUBLED THE 'FRIGGIN DEBT.........and things are still bad. That must tell you something.
As with every (PRIVATELY OWNED) Central Bank, policy is dictated by them, and only ever for THEIR benefit.



 


Buy Litecoin.

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matt_himself Flag Matataland 01 Feb 18 9.10pm Send a Private Message to matt_himself Add matt_himself as a friend

The longer this goes on, the more convinced I am that we should offer no deal and walk.

They need us and our cash a whole lot more than we are told we need them.

No being a vassal state and yes to being a free, sovereign nation.

 


"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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Cucking Funt Flag Clapham on the Back 01 Feb 18 10.58pm Send a Private Message to Cucking Funt Add Cucking Funt as a friend

Originally posted by matt_himself

The longer this goes on, the more convinced I am that we should offer no deal and walk.

They need us and our cash a whole lot more than we are told we need them.

No being a vassal state and yes to being a free, sovereign nation.

No deal is increasingly looking like the best deal.

 


Wife beating may be socially acceptable in Sheffield, but it is a different matter in Cheltenham

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