Current Affairs EU In or Out

[Boss_Blue]

We're not Mexico.

We have a diverse economy and highly skilled workforce. The fundamentals are strong.

What the issue is is COST.

Its going to cost the UK government in lost growth billions!!!!

Its not something we cannot absorb (we have a very large economy). The issue is that it will cost us - when it didn't need to.

So compared to our competitors our growth will not be as strong. It also puts the deficit plan under strain.

Agree with this.

*faints

 

[orchard]

@bizzaro

-so it's got nothing to do with Conservatives, and there's a functional deficit plan in place?

 

[Alex123]

https://www.poundsterlinglive.com/usd/5095-pound-to-dollar-exchange-rate-222311

31 year low today...nothing to see here though.

Good.

"If [sterling] stays low," Martin Wolf wrote in the FT the other day, "that might cushion the effect [of Brexit] on output, at least in the medium term."

 

[LouReedwalkonthewildside]

Jean Claude Juncker - head of the commission since 2014 - is a federalist and wants rid of member states entirely as they get in the way.

He's from Luxemberg which explains things.

Cameron didn't want him and his appointment and - based on Cameron's knowledge he would NEVER back proper reform - was the beginning of the end really.

Juncker has said some despicable things about Britain. As he just doesn't like us because in 1992 we ruined his little project.

Up to 2014 we would have historically had a veto on his appointment. So this explains why what has happened was made more likely.



The worrying thing is that the UKIP trouble makers have no idea how to run a major economy like the UK.

They promise the earth but frankly look as inept as they sound.

He's an interesting man is Mr Juncker!

http://www.dailymail.co.uk/news/art...Brexit-trying-force-Britain-out.html?ITO=1490

 

[Old Blue 2]

The man is absolute clown.

I've got some tissues here somewhere...

 

[ilikecheese]

Good.

"If [sterling] stays low," Martin Wolf wrote in the FT the other day, "that might cushion the effect [of Brexit] on output, at least in the medium term."

The devaluing of your currency and the cost of goods going up is never a good thing for anyone. People not being able to afford things is always bad.

 

[bizzaro]

He's an interesting man is Mr Juncker!

http://www.dailymail.co.uk/news/art...Brexit-trying-force-Britain-out.html?ITO=1490

Merkel will be gunning for him now.

He won't last the year in my view.

 

[Rob17896]

He's an interesting man is Mr Juncker!

http://www.dailymail.co.uk/news/art...Brexit-trying-force-Britain-out.html?ITO=1490

Daily Mail. .come on. Anyway I am going to try and get on with my life and ignore this for a bit. Ruled by madmen, surrounded by them (Yorkshire these days) everything is doing my head in.

 

[Alex123]

The devaluing of your currency and the cost of goods going up is never a good thing for anyone. People not being able to afford things is always bad.

Comrade, that outlook is not accurate (the link deals with the US economy, but the exact same principles apply here).

 

[bizzaro]

Daily Mail. .come on. Anyway I am going to try and get on with my life and ignore this for a bit. Ruled by madmen, surrounded by them (Yorkshire these days) everything is doing my head in.

No mate. You'll see yesterday I posted an article from the Financial Times from 2014 on his appointment. They said - his appointment may be the beginning of the end of Britain in the EU two years ago.

He's a major reason for what has happened.

 

[magicjuan]

https://www.rt.com/news/348615-fran...tm_source=rss&utm_medium=rss&utm_campaign=RSS

interesting outlook

 

[bizzaro]

Comrade, that outlook is not accurate (the link deals with the US economy, but the exact same principles apply here).

Devaluation when its across the board against all major currencies is never good.

I've been seeing purchases of goods (for raw materials) for UK manufacturing being cancelled by small and medium sized companies who cannot afford currency hedging - today (Monday).

It's caused supply disruptions the currency volatility is costing British businesses significantly in the short term.

Excessive currency weakness or strength is never a good thing.

 

[LouReedwalkonthewildside]

Daily Mail. .come on. Anyway I am going to try and get on with my life and ignore this for a bit. Ruled by madmen, surrounded by them (Yorkshire these days) everything is doing my head in.

Oh I know it's the Daily mail, but I remember watching the Daily Politics awhile ago about all the dodgy tax stuff involving Juncker.

 

[argietoffee]

No mate. You'll see yesterday I posted an article from the Financial Times from 2014 on his appointment. They said - his appointment may be the beginning of the end of Britain in the EU two years ago.

He's a major reason for what has happened.

the ball devoid clown of a PM deserves that accolade all on his own.

the same one that told Jucker he would win 70/30 when warned that he would ley the gentie out of the bottle.

 

[Rob17896]

No mate. You'll see yesterday I posted an article from the Financial Times from 2014 on his appointment. They said - his appointment may be the beginning of the end of Britain in the EU two years ago.

He's a major reason for what has happened.

Might well be...I have lost the will!