Started by Nick, October 20, 2016, 17:02:39 pm
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Quote from: Slim on January 17, 2017, 12:12:06 pmAnd Theresa has just made this very point in her speech! Superb.
Quote from: döm on January 17, 2017, 12:16:57 pmAnd to replace it she wants to have her cake and eat it. We'll see how that works.
Quote from: Slim on January 17, 2017, 12:44:14 pmLooks like Parliament won't be able to frustrate the people's will after all. The Commons will vote on whatever deal is reached, but if it rejects it - we won't be staying in the EU. We'll simply leave the EU with no deal.Quite encouraged, I must say.
Quote from: DavidL on January 17, 2017, 12:55:56 pmSterling up over 2.5% against dollar
Quote from: döm on January 17, 2017, 13:00:32 pmhappy with her half in half out statements on the EU & Customs Union ?
Quote from: DavidL on January 17, 2017, 14:03:22 pmIn my opinion, she said the right things (at the moment the currency markets agree). We are leaving the EU, the single market and the customs union. During negotiations the government will attempt to secure tariff-free access to the single market and agree a new relationship with regard the customs union. If no agreement along those lines can be agreed, the UK will trade with the EU along WTO lines which will be more punitive for the EU than the UK, in fact, based on current trade, the UK would collect £12.3bn per year and our exporters (to the EU) would pay £6.5bn. In effect UK exporters coulkd be compensated by the UK government to eliminate any extra costs. The EU are between a rock and a hard place.
Quote from: döm on January 17, 2017, 14:19:42 pmI really don't see that. The EU is so much larger than the UK so the pain will be shared across a much larger population. And who will be paying the 12.3 billion. UK consumers I would have thought ?Of course this is not ideal for the EU and it has a major decision to take. If it gives May the kind of deal she wants then the EU as an organisation is under threat. Other countries will see that the UK is able to benefit from certain aspects of the Single market without having to put up with its difficulties and also benefiting from the free trade within the customs union without having to accept the universal tariffs for countries not part of the customs union. Other EU countries may feel that this kind of deal suits them too.So is it prepared to suffer a degree of pain financially to preserve the integrity of the EU or will it decide to give in to all the demands of May and threaten its survival ?
Quote from: DavidL on January 17, 2017, 14:33:27 pmInteresting times, no doubt. I think as time goes by, the EU is increasingly trying to preserve itself against the wishes of a greater number of its citizens, ultimately it will fail or face huge reform. A definite watershed moment (or two years!)
Quote from: DavidL on January 17, 2017, 10:21:40 amA few days after Mark Carney's (bullshitter) volte face, I see the IMF (bullshitters) have revised UK growth upwards from 0.4% to 1.5%
Quote from: NeilP on January 17, 2017, 15:00:51 pmThe previous prediction was 1.1%, stop making stuff up http://www.bbc.co.uk/news/business-38637243
Quote from: Moving Target on January 13, 2017, 16:13:27 pmYep, much of the standard of debate was really poor from both sides. Dave and Gideon making up £4K losses to each family in their heads post-Brexit, Boris making up numbers about NHS spending, Leave.EU blowing the dog whistle with imaginary armies of foreign-looking men.On the Leave side I thought Daniel Hannan was highly persuasive concerning new trade opportunities, and on the Remain side Sir Nicholas Soames and Gordon Brown did inspiring videos.
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