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| Rob Fzs |
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Rob Fzs
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| Rogerborg |
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Rogerborg
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 Posted: 13:05 - 21 Nov 2017  Post subject: |
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| Rob Fzs wrote: | The eu Gdp is a couple Trillion, so borrowing a few billion to cover their losses at historic all time low interest rates wont worry them much |
GDP is not budget. And borrowing from (((whom)))?
Germoney has been bailing out the EU's many failed, sponger and pirate states for years in order to keep them locked into the Euro against their own best interests.
If things go wobbly there - I mean, for example, if they'd taken in a couple of million illiterate, uneducated, unemployable scofflaws who are a massive drain on resources, leading to the collapse of their government - I'm not sure what would hold the house of cards up.
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Rob Fzs
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| Posted: 13:18 - 21 Nov 2017 Post subject: |
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| Rogerborg wrote: | | Rob Fzs wrote: | The eu Gdp is a couple Trillion, so borrowing a few billion to cover their losses at historic all time low interest rates wont worry them much |
GDP is not budget. And borrowing from (((whom)))?
Germoney has been bailing out the EU's many failed, sponger and pirate states for years in order to keep them locked into the Euro against their own best interests.
If things go wobbly there - I mean, for example, if they'd taken in a couple of million illiterate, uneducated, unemployable scofflaws who are a massive drain on resources, leading to the collapse of their government - I'm not sure what would hold the house of cards up. |
This is what i'm on about, asif the Eu has no other options on the table to carry on, it's just what Greece did and they got butt fucked , don't fall in to it's trap
Most of the West is built on debt now , a little bit more won't stop them, if they did give a shit about economics, the Euro would never have been followed through.
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| Rogerborg |
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Rogerborg
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| Posted: 13:26 - 21 Nov 2017 Post subject: |
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It's not a rhetorical question.
From whom would the EU as an entity borrow money?
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GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Rob Fzs
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| Ribenapigeon |
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Rogerborg
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| Posted: 14:07 - 21 Nov 2017 Post subject: |
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It seems a simple enough question, and I'm not suggesting anything.
If the EU budget comes up short, from whom could the EU borrow money?
____________________
Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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| Jewlio Rides Again LLB |
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Jewlio Rides Again LLB
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| Posted: 14:24 - 21 Nov 2017 Post subject: |
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IMF? They bailed (used loosely) us out once you know. 
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Rogerborg
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| Posted: 14:37 - 21 Nov 2017 Post subject: |
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Why the question mark? Don't you know?
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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| Im-a-Ridah |
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Im-a-Ridah
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Posted: 16:08 - 21 Nov 2017  Post subject: |
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| M.C wrote: |
Is this your perennial moan about investment in infrastructure so people can get to work, rather than to the dole office?
You mean the far beyond land where the tax revenues go? |
How many Grenfell Residents were on some kind of benefits? 
| Rogerborg wrote: |
Without our contribution, they may quickly regress to 3rd world status. And not that you'll hear about it at Al Beeb, but Merkel has failed to form a coalition government and has little choice but to call another election. The polls indicate that it'll be hung again.
Well, it looks like Treasona May has started from a position of abject surrender and then backed down. Why is she even proposing numbers when it's clear that she's left us no choice but to cave in and agree to whatever demand the cabal makes?
However, in cheerier news, I thought I couldn't be any more Platonic-gay for Rees-Mogg, but then he went full Kipling.  |
The coverage from the BBC was so grasping. It sounded like they were trying to convince themselves that Merkel's govt was strong and stable even though its like a Jenga tower near the end. They spent more time blending it into Brexit than covering Merkel. Very little mention of why she's in this sticky situation (Immigration). And of course branding the AfD as far right, which they aren't, they're actually a very intellectual party last I checked.
| Rob Fzs wrote: |
If you're suggesting London, and you're suggesting we're going to block them, where does our commission for their debt come from instead?
I see that scenario not happening, because who were 2 of the biggest banks that backed the remain campaign, JP Morgan and Goldman Sachs, so unless we go on full Corbyn and apply capital controls, this idea the Eu is sunk without our money is fantasy. |
The EU cannot borrow money in the manner you suggest, it's not allowed to. It would probably require treaty change. Currently its debts are only there to borrow money to bail out member states. |
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| Jewlio Rides Again LLB |
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Jewlio Rides Again LLB
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| Posted: 16:59 - 21 Nov 2017 Post subject: |
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| Ribenapigeon wrote: | | Rogerborg wrote: | It seems a simple enough question, and I'm not suggesting anything.
If the EU budget comes up short, from whom could the EU borrow money? |
Ex Commie-bloc countries? |
Ah, ha, ha, ha......
Yeah, I bet they're rolling in spare cash. Most of them have hardly moved on for 30 years.
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Rob Fzs
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Posted: 17:58 - 21 Nov 2017  Post subject: |
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| Im-a-Ridah wrote: | | M.C wrote: |
Is this your perennial moan about investment in infrastructure so people can get to work, rather than to the dole office?
You mean the far beyond land where the tax revenues go? |
How many Grenfell Residents were on some kind of benefits?
| Rogerborg wrote: |
Without our contribution, they may quickly regress to 3rd world status. And not that you'll hear about it at Al Beeb, but Merkel has failed to form a coalition government and has little choice but to call another election. The polls indicate that it'll be hung again.
Well, it looks like Treasona May has started from a position of abject surrender and then backed down. Why is she even proposing numbers when it's clear that she's left us no choice but to cave in and agree to whatever demand the cabal makes?
However, in cheerier news, I thought I couldn't be any more Platonic-gay for Rees-Mogg, but then he went full Kipling. |
The coverage from the BBC was so grasping. It sounded like they were trying to convince themselves that Merkel's govt was strong and stable even though its like a Jenga tower near the end. They spent more time blending it into Brexit than covering Merkel. Very little mention of why she's in this sticky situation (Immigration). And of course branding the AfD as far right, which they aren't, they're actually a very intellectual party last I checked.
| Rob Fzs wrote: |
If you're suggesting London, and you're suggesting we're going to block them, where does our commission for their debt come from instead?
I see that scenario not happening, because who were 2 of the biggest banks that backed the remain campaign, JP Morgan and Goldman Sachs, so unless we go on full Corbyn and apply capital controls, this idea the Eu is sunk without our money is fantasy. |
The EU cannot borrow money in the manner you suggest, it's not allowed to. It would probably require treaty change. Currently its debts are only there to borrow money to bail out member states. |
You do know they're going to have to change the treaties when we leave right? so if it's a bum deal, as you say, they will adjust how they pay for their budget, and then what?
We're stuck with a shit deal, we cant trade easily with the Eu because we told them to eff off and no one else will want to make another deal with us because we look like a bunch of irrational dickheads.
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Rob Fzs
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| Posted: 18:02 - 21 Nov 2017 Post subject: |
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| Rogerborg wrote: | It seems a simple enough question, and I'm not suggesting anything.
If the EU budget comes up short, from whom could the EU borrow money? |
Seeing as you're lite on detail, as per
https://ec.europa.eu/info/business-economy-euro/economic-and-fiscal-policy-coordination/eu-financial-assistance/eu-borrower_en
https://www.europarl.europa.eu/atyourservice/en/displayFtu.html?ftuId=FTU_1.5.2.html
And if that's not good enough to convince you, with the bits quoted of which you disagree with, whats stopping them creating a scheme to fund themselves in a shortfall?
I'll assume you're thinking, the Germans will ask the Poles to bump up the budget and the whole lot will fall apart, if that was the case, it would have collasped years ago, the one thing the Eu is good at it going from one catastrophe to another by convincing people it keeps the peace whatever the price, and thus, it wont go without a fight.
To leave the tentacles of the Eu, you have to understand it, rather than trying games that have been done before and not worked, just listen to Varifakus on how to deal with them.
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Rogerborg
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| Posted: 19:07 - 21 Nov 2017 Post subject: |
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| Rob Fzs wrote: | | Rogerborg wrote: | It seems a simple enough question, and I'm not suggesting anything.
If the EU budget comes up short, from whom could the EU borrow money? |
Seeing as you're lite on detail, as per |
I see you haven't actually answered the question, as per.
Would you lend to the worst performing region in the world, with the UK out of the budget (when was the last time it was signed off?) and Germoney looking shakier than a jakey coming off the meths?
A few tens of billions here, a few tens of billions there, and pretty sure you're talking about real money.
From whom is the EU going to borrow it?
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Biking is 1/20th as dangerous as horse riding.
GONE: HN125-8, LF-250B, GPz 305, GPZ 500S, Burgman 400 // RIDING: F650GS (800 twin), Royal Enfield Bullet Electra 500 AVL, Ninja 250R because racebike |
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Rob Fzs
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| Posted: 19:27 - 21 Nov 2017 Post subject: |
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| Rogerborg wrote: |
I see you haven't actually answered the question, as per.
Would you lend to the worst performing region in the world, with the UK out of the budget (when was the last time it was signed off?) and Germoney looking shakier than a jakey coming off the meths?
A few tens of billions here, a few tens of billions there, and pretty sure you're talking about real money.
From whom is the EU going to borrow it? |
It's all in the links provided
I notice this seems to be a going trend for brexit sabs, ask a question, with some preordained answer they will only take, even when incorrect, but act none the wiser 
Besides, if we alone can piss away an eventual £100bn on a trainset no one wants, I'm sure EU27 will find the necessary cash to keep their 70 year old project going, are you seriously going to admit you think the Eu is stuck on the money? it's a rounding error if anything on that budget they never sign off 
Nothing stopping them getting money off the ECB via QE if we want to play it that way of extremes.
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| Posted: 20:50 - 21 Nov 2017 Post subject: |
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| Im-a-Ridah wrote: | | Rob Fzs wrote: |
You do know they're going to have to change the treaties when we leave right? so if it's a bum deal, as you say, they will adjust how they pay for their budget, and then what?
We're stuck with a shit deal, we cant trade easily with the Eu because we told them to eff off and no one else will want to make another deal with us because we look like a bunch of irrational dickheads. |
This shows just how little you know about how the EU works. You like to think you do, but you really haven't got a clue. Treaty change is about the last thing the EU types want. These could even lead to referenda in member states on the treaty which could start an even worse chain for them. |
This is bollocks, of course they're going to have to change treaties, they have to adjust everything because we've left.
It's like you have not been paying attention to the Eu for the last 20 years, Ireland was asked to vote twice on the Lisbon treaty, the treaty got ratified in the end, Just like the Walloon's got pushed to accept CETA.
So what you're saying is, the EU would rather die from not being able to cover the budget, than have treaty change?! bizarre analyse.
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