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Itchy
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PostPosted: 20:58 - 23 Jun 2017    Post subject: Reply with quote

So if there is a break up. UK loses £250bn trade, EU loses £250bn trade.

Except um the 250bn that is lost is spread across 27 nations. So 9bn each. Germany increased trade to non EU entities by 10bn last year so their 'loss' is already compensated.

The 250bn that is lost in the UK is spread across one nation.

So how exactly does this hurt the EU more than it hurts the UK?


Rob Fzs wrote:
Frankfurt and Paris never took off, their restrictive labour laws, random time zone and lack of a skilled workforce will mean it would take decades to build up a financial centre even half as good as London.



Laughing

London has one advantage. UK banks are allowed to create phantom money. There are no reserve requirements. Basel III is voluntary. Banks in other nations have to keep reserve limits.

This is no conspiracy.

The BoE say this themselves.

https://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf

So what does it take to scoop all of your advantage? A change in the reserve requirements and that's it.
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ThoughtContro...
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PostPosted: 21:59 - 23 Jun 2017    Post subject: Reply with quote

Kawasaki Jimbo wrote:
The only thing the EU has realistically done for Val is give him a free pass to travel from Bulgaria (?) across many failing European states before finally arriving at his UK destination, which he must have recognised as one of the few economies which gives more than it takes. All Val's subsequent opportunities are UK-derived, not EU. Is a little respect too much to ask? Which EU economy will Val be fleeing to after Brexit?


Like the good liberal citizen of the world that he is, if the UK stops paying he will bugger off to wherever pays the most shekels and become a good citizen of there, and if that doesn't pay then somewhere else.
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Im-a-Ridah
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PostPosted: 22:20 - 23 Jun 2017    Post subject: Reply with quote

Austra and the EU really do have some front. Just a quick history lesson for the EU on citizens rights.

https://jpfo.org/images02/9.jpg

https://upload.wikimedia.org/wikipedia/commons/e/e7/Ebensee_concentration_camp_prisoners_1945.jpg

[img]https://cdn.history.com/sites/2/2014/01/auschwitz-fences-P.jpeg
[/img]
https://static4.businessinsider.com/image/55a6ae552acae78a008b6f70-2000-1000/riot%20police%20athens%20greece.jpg

https://i.dailymail.co.uk/i/pix/2012/02/10/article-2099230-11AB3CF8000005DC-50_634x417.jpg

https://volkundvaterland.files.wordpress.com/2014/06/adolf-hitler.jpg
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Rob Fzs
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PostPosted: 22:23 - 23 Jun 2017    Post subject: Reply with quote

Val wrote:
Rob Fzs wrote:

The EEA gives you the freedom to stay in the single market, while making your own trade deals outside of the customs union, i don't see how this can be worse?

Oh wait, you still think Brussels makes the laws, they're a rule taker from Geneva now, google it, every single sector has it's own regulatory body, Norway has it's own say, the EU has our say for us, which sounds better? the eu having your say, or your own government?


Actually if you think EEA is the way to go that will make a lot of people in the EU happy including me. Because we will keep the single market and we will get rid of the British veto. Bonus we will kick out the racist Farage and the UKIP morons out of the EU parliament for good. The more I look the more I like this Laughing

Just FYI:

Quote:
The non-EU members of the EEA are not represented in Institutions of the European Union such as the European Parliament or European Commission. This situation has been described as “fax democracy”, with Norway waiting for their latest legislation to be faxed from the Commission


https://en.wikipedia.org/wiki/European_Economic_Area

And Norway still pays. There would still be significant financial costs for the UK EEA membership.

Given the fact that I am not optimist for the negotiations, probably EEA will be a good option for a fast resolution of the problem. Fingers crossed Thumbs Up

Why are you using Wikipedia as a source of information? Fax democracy hasn't been a thing since the late 90's Rolling Eyes

the eu gets the 'fax' from the likes of

https://ec.europa.eu/growth/sectors/automotive/legislation/unece_en

https://www.iso.org/home.html

https://www.fao.org/fao-who-codexalimentarius/en/

And so on, you might relies this eventually

Whoopy de do Norway pays in to take out services such as Erasmus etc, you can check out what they pay on the fullfact website, what they do not do, is pay in a net fee for the fun of being there.
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Im-a-Ridah
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PostPosted: 22:34 - 23 Jun 2017    Post subject: Reply with quote

civvy wrote:
https://i.imgur.com/YZEyj2S.jpg

https://i.imgur.com/JnBgfyn.jpg

https://i.imgur.com/8SoyBT0.jpg

https://i.imgur.com/ZpLJX8O.jpg

Hopefully we're not heading for uncontrolled mass emigration! Can't imagine we're attracting too many skilled workers right now.


Classic case of correlation not proving causation. Increased GDP drives the immigration. Nice try though Wink
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Rob Fzs
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PostPosted: 22:41 - 23 Jun 2017    Post subject: Reply with quote

Eu really is going to make itself more enemies with this whinging about Mrs May's migrant offer
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civvy
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PostPosted: 00:18 - 24 Jun 2017    Post subject: Reply with quote

Itchy wrote:
So if there is a break up. UK loses £250bn trade, EU loses £250bn trade.

Except um the 250bn that is lost is spread across 27 nations. So 9bn each. Germany increased trade to non EU entities by 10bn last year so their 'loss' is already compensated.

The 250bn that is lost in the UK is spread across one nation.

So how exactly does this hurt the EU more than it hurts the UK?


Because the UK is speshul - and any loss will just be the EU meanies punishing us Crying or Very sad
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civvy
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PostPosted: 00:23 - 24 Jun 2017    Post subject: Reply with quote

https://twitter.com/BBCNewsnight/status/878324034550849536

In 2017, patriotism means never questioning how things are going.

Brexit means Brexit - a red, white and blue one, at that. Why would anybody need to know anything else?
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Itchy
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PostPosted: 08:46 - 24 Jun 2017    Post subject: Reply with quote

mpd72 wrote:
We have a zero trade balance with the EU?

News to me. Go on......


https://fullfact.org/europe/uk-eu-trade/

I simplified it to 250bn. The numbers are 240 and 290. So there is a 50bn trade deficit. What you said is if all trade ceases then the EU will be hurt more. Yes the EU will be hurt more by 50bn.

Except that is 290bn spread across 27 nations so 10.7bn each. Vs a hit of 240bn. Germany in particular has a big trade deficit of 25bn. Yeah except Germany has increased trade externally by 11bn so their 25bn loss is now only 14bn.

So sure you get to punch each of those 27 once. Yet those 27 get to punch you once too. So who comes off worse?

https://4.bp.blogspot.com/-gMVO64rZkAw/Ua78JTEGe6I/AAAAAAAAGmE/UPNd7mfOto8/s1600/blazing-saddles-655.jpg


mpd72 wrote:
Better emigrate then. You clearly detest the country you live in.



Ah this old chestnut again. Is this all you have? You're the ultimate snowflake, bawwing at any disagreement. I'm doing very well from the Brexit vote thank you very much.

I'm just engaging in some epicaricacy against you. Just to be clear that's YOU not anybody else before you try and infer I hate all people here.
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Itchy
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PostPosted: 08:49 - 24 Jun 2017    Post subject: Reply with quote

mpd72 wrote:
The majority of UK citizens don't want to live with virtue signalling dickheads. Simple really.
I am a special and unique snow flake. Whatever I say is 100% representative of all people in the UK.

There can be no opinion other than mine.






Fixed that for you.
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doggone
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PostPosted: 08:51 - 24 Jun 2017    Post subject: Reply with quote

That's still simplifying too much, you can't split the amount evenly between all the countries - the majority will be France and Germany.
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Itchy
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PostPosted: 08:57 - 24 Jun 2017    Post subject: Reply with quote

doggone wrote:
That's still simplifying too much, you can't split the amount evenly between all the countries - the majority will be France and Germany.



Correct I simplified it a lot.

But if we take Germany. Germany won't really be hurt so much.

Checking here:

https://fullfact.org/europe/uk-eu-trade/

Germany sells 25bn more than the UK sells Germany.

So they lose 25bn quite a lot. But German companies increased trade with non EU countries by quite a lot. 2015-16 had a 10bn increase. So the 25bn punch you're intending to give them has been reduced to a 15bn punch.
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Val
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PostPosted: 10:52 - 24 Jun 2017    Post subject: Reply with quote

Rob Fzs wrote:
Eu really is going to make itself more enemies with this whinging about Mrs May's migrant offer


It is based on facts. That only ECJ can protect the rights. May's fake offer is worthless we all know her record for trying to remove rights and ECHR.

Here is what us EU citizens in the UK think about that patehtic BS:

https://i.imgur.com/uKPAC0v.jpg

BTW if the UK leaves the single market 100 bln settlement bill will be a pocket change compared to the money the UK will pay to the investors for damages through ICS:

https://i.imgur.com/BGidvxA.jpg
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Jewlio Rides Again LLB
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PostPosted: 11:18 - 24 Jun 2017    Post subject: Reply with quote

mpd72 wrote:
civvy wrote:
https://twitter.com/BBCNewsnight/status/878324034550849536

In 2017, patriotism means never questioning how things are going.

Brexit means Brexit - a red, white and blue one, at that. Why would anybody need to know anything else?


It's nothing to do with that.

The majority of UK citizens don't want to live with virtue signalling dickheads. Simple really.


Incorrect. Leave didn't have a majority of the population vote for it. So you can't say that with any certainty at all.
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Rob Fzs
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PostPosted: 13:06 - 24 Jun 2017    Post subject: Reply with quote

Val wrote:
Rob Fzs wrote:
Eu really is going to make itself more enemies with this whinging about Mrs May's migrant offer


It is based on facts. That only ECJ can protect the rights. May's fake offer is worthless we all know her record for trying to remove rights and ECHR.

Here is what us EU citizens in the UK think about that patehtic BS:

https://i.imgur.com/uKPAC0v.jpg

BTW if the UK leaves the single market 100 bln settlement bill will be a pocket change compared to the money the UK will pay to the investors for damages through ICS:

https://i.imgur.com/BGidvxA.jpg


EFTA court bro

like i said the eu is just going to fuck it selves, Tusk will be gone this year and his Polish friends have already had enough of it

All this talk about 100 billion is bollocks anyway, that's 10 years of a net fee if you remain, so even after that, it's still a bonus but i don't it'll materialise Wink

i'll say again, this will end up being a political settlement with the Germans, everyone else can say what they like, but those who pay the piper call the tune, and the Germans are in the driving seat, all this random drivel you keep popping up with must do a massive damage to your head every time it gets proved false.

#thickoremainerstryhardernexttime
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Im-a-Ridah
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PostPosted: 13:10 - 24 Jun 2017    Post subject: Reply with quote

So much crying and desperation from the remoaners. Get used to it guys, we're leaving the common market and no amount of snowflake whining is going to keep us in. The Brexiteers are far more determined, and far more willing to back up their desire to leave the EU with actions.

mpd72 wrote:


No there's not. Even the link you provided shows 230 and 290, that's a £60Bn trade deficit in 2015.

But hey, what's £60,000,000,000 between friends eh?

The UK is moving away from EU trade and it's exports are moving abroad. The EU's share of the world economy is falling. Feel free to stay on the ship if you prefer.


Even if we had a trade surplus, it would still be worth leaving. Freedom has a value all of its own.
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Rogerborg
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PostPosted: 13:15 - 24 Jun 2017    Post subject: Reply with quote

Itchy wrote:
I simplified it to 250bn. The numbers are 240 and 290. So there is a 50bn trade deficit.

50 billion here, 50 billion there, pretty soon you're talking about real money.
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ThoughtContro...
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PostPosted: 13:32 - 24 Jun 2017    Post subject: Reply with quote

Jewlio Rides Again wrote:
mpd72 wrote:

It's nothing to do with that.

The majority of UK citizens don't want to live with virtue signalling dickheads. Simple really.


Incorrect. Leave didn't have a majority of the population vote for it. So you can't say that with any certainty at all.



I don't know, I couldn't give a fuck and I can't be arsed voting don't count. So you lost and are in the minority. That's the way democracy works no matter how you try and subvert it to be otherwise.
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Im-a-Ridah
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PostPosted: 13:42 - 24 Jun 2017    Post subject: Reply with quote

ThoughtControl wrote:
Jewlio Rides Again wrote:


Incorrect. Leave didn't have a majority of the population vote for it. So you can't say that with any certainty at all.



I don't know, I couldn't give a fuck and I can't be arsed voting don't count. So you lost and are in the minority. That's the way democracy works no matter how you try and subvert it to be otherwise.


Like most leftists he assumes that anyone who didn't vote, would have voted for remain. This is very unlikely from what I saw on the doorsteps. If forced to vote most would have gone for Brexit as they generally are not the PC types.
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Im-a-Ridah
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PostPosted: 13:49 - 24 Jun 2017    Post subject: Reply with quote

A large percentage of couldn't be bothered to vote would fall into the red UKIP category. Blue UKIP already had tremendous turnout.

https://cdn.yougov.com/cumulus_uploads/inlineimage/11418/tv.png

https://cdn.yougov.com/cumulus_uploads/inlineimage/2015-03-25/iss.png

https://cdn.yougov.com/cumulus_uploads/inlineimage/2015-03-25/ukipprof.png

https://yougov.co.uk/news/2015/03/25/two-tribes-ukip/
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