Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%

  • Out

    Votes: 325 32.1%
  • Total voters
    1,013
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ToffeeTim said:
Britain's economy has too much residual strength. Good grief I found myself agreeing with Boris Johnson's facebook post on the brexit today. Far far too much hysteria.

A European mega crash is coming. The eurozone is a basket case. Better as far away from it as possible.
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Its the world's largest single economy and we do 50% of our trade with it as its geographically closest and with which we share a land border.

I'm not saying its perfect but those saying this sort of thing are like economic Emu with heads in the sand.
 
The Esk said:
Assume for a moment the referendum had voted remain, you'd have been disappointed I accept that, but what would have been your economic forecast? Pretty rosy I would guess.

Compare and contrast.
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No mate, I would have been disappointed at losing out on the opportunity to do deals around the world. The EU has it's arms wrapped around it's member countries and is constraining them. The UK is and always has been different. We are a real trading nation, it's in the blood. The EU is more intent of growing itself in numbers of countries and population, it's trade deals, after all these years, have been abysmal.......but we will not agree.....
 
Old Blue 2 said:
One of the worst posts I've ever read on here. Why?

Supposition, all of it. Nothing whatsoever founded in fact.

Stick to the legal tenet, eh, Esk: 'He who asserts must prove'. Apply that tenet to everything you say above, and everything you say... fails the test!
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LOL - I don't expect you to take my word for it mate - have a look at this study from the BoE and the correlation of economic performance and shocks. There's no supposition at all, it's all backed by evidence.

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q206.pdf
 
I'm not saying the UK will go into deep recession.

Initial shock. Yes.

I'm saying that the UK will face an economic cost due to this long term. That will impact ordinary people (it will within 6 months).

Its a 'tumultuous' time

That if careful decisions aren't made - by experienced people that aren't ideologically drive - that could be made worse. Rushing things is NOT the way to go.


I'll be maintaining some business interests in the UK. However, it will no longer be 100% UK based.


Those claiming its 'ok' after 10 days really are frankly beyond belief.
 
bizzarois post: 4645938 said:
I think it was Peteblue trying to claim 'its all panning out nicely tbh'.

Just over a week since last week.

Absolute joker mate.
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Dont think he is to be honest,
dont think he has ever said it would be any other way , other than after a while it will settle down and business will carry on doing what it always does making money and deals.
Its just as dangerous to stay in with the debt levels of the EU everyone seems to have turned a blind eye to all of a sudden if say Greece goes tits up .
Anyway lets keep it cival its been a decent threat on the whole.
 
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The Esk said:
I know a number of FTSE 100 CEO's and they're all saying the same thing Pete - this is disastrous for the British economy, and they're all revising their investment programmes and expecting a significant down turn - even Gideon is expecting the same, that's how bad it is.
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Their only interest is lining their own, or their company's, pockets. To believe otherwise is foolish - that's how it has always been, and will always be. They don't give a toss about about the ordinary person in the UK. But you set (great) store by their views...? Selfish, self-seeking individuals, the lot of them...
 
peteblue said:
No mate, I would have been disappointed at losing out on the opportunity to do deals around the world. The EU has it's arms wrapped around it's member countries and is constraining them. The UK is and always has been different. We are a real trading nation, it's in the blood. The EU is more intent of growing itself in numbers of countries and population, it's trade deals, after all these years, have been abysmal.......but we will not agree.....
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This really is nonsense.

'In the blood'.

Who do you think you are?

Sir Francis Drake .... FFS
 
Old Blue 2 said:
Their only interest is lining their own, or their company's, pockets. To believe otherwise is foolish - that's how it has always been, and will always be. They don't give a toss about about the ordinary person in the UK. But you set (great) store by their views...? Selfish, self-seeking individuals, the lot of them...
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No mate, I'm a proud socialist and always will be, but I know when companies warn of changing conditions and challenges, earnings fall and the economy suffers - they are lead indicators, as a result the poorest and most needy disproportionately.
 
bizzaro said:
Its the world's largest single economy and we do 50% of our trade with it as its geographically closest and with which we share a land border.

I'm not saying its perfect but those saying this sort of thing are like economic Emu with heads in the sand.
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Except the eurozone isn't simply one huge individual economy. It's a conglomerate of countries of which only one has a bigger economy than the UK, and lots and lots are minute in comparison. Added to this is the fact that the region is nowhere near homogenous enough for a common currency. And also added to the weak, precarious currency is an obsession with quantitative easing which is likely to bite back with crazy inflation at some point.

Britain was going to keep its place at the top table of global economies regardless of the result of the vote. Also, I'm cynical. I said to my friends before the vote that either way not much would change. And I still feel exactly the same.
 
ToffeeTim said:
Except the eurozone isn't simply one huge individual economy. It's a conglomerate of countries of which only one has a bigger economy than the UK, and lots and lots are minute in comparison. Added to this is the fact that the region is nowhere near homogenous enough for a common currency. And also added to the weak, precarious currency is an obsession with quantitative easing which is likely to bite back with crazy inflation at some point.

Britain was going to keep its place at the top table of global economies regardless of the result of the vote. Also, I'm cynical. I said to my friends before the vote that either way not much would change. And I still feel exactly the same.
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There is problems due to non homogenous economic issues - that have benefitted Germany to the detriment of other countries.

I think the Germany obsession with not handing over economic competence to the ECB has been a real problem.

Equally - having the head of the commission an ex Luxemberg PM with a notorious issue with alcohol - has not helped matters.

Historically the UK would have had a veto on his appointment. It should have still had.
 
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