Foot Long Hot Dog
Player Valuation: A packet of pork scratchings
An extra £350m a week for the NHS?
Current Affairs EU In or Out
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peteblue
Welcome back Wayne
Very good, but I think the number is wrong. But rather than just what we can save, what can we grow.........
you clearly didn't bother to read my post even though you quoted it.
The border came into existence in 1921. Military customs posts appeared in 1923 and remained until the early 1990s.
Foot Long Hot Dog
Player Valuation: A packet of pork scratchings
Sorry mate, but I don't see how potentially putting up trade barriers (tariffs and customs) between us and our nearest and largest market is a way of 'growing' our economy.
There's a load of old tosh being spouted about the supposedly 'exciting' opportunities presented by Brexit, but I'm yet to hear one tangibly explained. The narrative appears to be that the rest of the Globe has suddenly just been opened up to the UK, which a complete fallacy imo. It also ignores the simple fact that most of our manufacturing business is foreign owned and produces here for the UK and EU markets primarily.
If we retain our full single market access, then it'll be at a cost, and not much else will change. If we lose it, the cost will be a lack of future investment and a reduction in GDP growth.
I fail to see what actual tangible benefits (either way) will felt by the average Joe as a result of Brexit. What do you think the average man in the street will gain from this ultimately? And I mean tangibly, as in it'll bring a positive to his daily existence?
peteblue
Welcome back Wayne
The European Central Bank (ECB) has announced that it will extend its programme of quantitative easing until the end of 2017, although it will reduce the size of the programme.
The euro surged briefly on the extension before plunging to wipe out all of the day's gains and fall by more than 0.8 per cent. European government bond yields soared in response to the tapering implied in the announcement, with German 10-year yields reaching their highest point since January.
ECB president Mario Draghi denied that it was the start of tapering. At a press conference he said: "There is no question about tapering. Tapering has not been discussed today."
The ECB will buy €60bn of bonds each month from March 2017 until the end of December 2017.
The move sent a mixed message to markets. Chris Williams, chief business economist at IHS Markit, said: "The move seems a reasonable compromise: the stimulus will provide a further boost the region’s recovery in the face of elevated levels of political uncertainty but also recognises the encouraging recent economic data flow and the growing constraint on the amount of assets eligible for purchase."
The ECB also announced that interest rates will remain unchanged at ultra-low levels.
The current round of quantitative easing had been due to finish in March 2017. Since March the Bank has been buying bonds worth €80bn each month, an increase from the €60bn monthly purchases which started in March 2015.
The Bank also indicated that it has changed the parameters of the programme, which could indicate that it will broaden the range of instruments it can purchase. It will reveal these shortly at a press conference.
The euro surged briefly on the extension before plunging to wipe out all of the day's gains and fall by more than 0.8 per cent. European government bond yields soared in response to the tapering implied in the announcement, with German 10-year yields reaching their highest point since January.
ECB president Mario Draghi denied that it was the start of tapering. At a press conference he said: "There is no question about tapering. Tapering has not been discussed today."
The ECB will buy €60bn of bonds each month from March 2017 until the end of December 2017.
The move sent a mixed message to markets. Chris Williams, chief business economist at IHS Markit, said: "The move seems a reasonable compromise: the stimulus will provide a further boost the region’s recovery in the face of elevated levels of political uncertainty but also recognises the encouraging recent economic data flow and the growing constraint on the amount of assets eligible for purchase."
The ECB also announced that interest rates will remain unchanged at ultra-low levels.
The current round of quantitative easing had been due to finish in March 2017. Since March the Bank has been buying bonds worth €80bn each month, an increase from the €60bn monthly purchases which started in March 2015.
The Bank also indicated that it has changed the parameters of the programme, which could indicate that it will broaden the range of instruments it can purchase. It will reveal these shortly at a press conference.
Why does the EU enforce trade barriers with the rest of the world?
Because they are control freaks|?
peteblue
Welcome back Wayne
Probably very little by way of economic benefit initially, but ultimately with a reduction in mass immigration that has been depleting wages quite a bit. We will once again be an independent nation and for those of us who prefer to have control of our own destiny, no price can be put on this.......
In terms of trade, a deal with the EU will be done. We will then do deals with the USA etc, while the 27 nation bloc keeps faffing around and getting nowhere. The EU will then grow its numbers again as it adds more countries, Germany and France will have to increase their EU budget contributions and the EU will create mayhem by trying to incorporate Ukraine. While they spend all their time on internal politics the UK can get back to its historical strength of worldwide trade.........
another sore Remainer could not see the joke in the caption?
Better than chelsea awaylol
you could quote your source
http://www.cityam.com/255255/european-central-bank-extends-quantitative-easing-programme
or at least use inverted commas.
The top EU French negotiator quote the borders will not be forced to alter under the Good Friday Agreement quote he then left the stage look it up!
peteblue
Welcome back Wayne
Sorry mate, I normally do put the commas in, an error.....
yes when we leave we will have 15 billion upfront to divert wherever we want!
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