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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Joey66 said:
We will use other markets with a free trade deal or they will be £39 billion worse off.......
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I'm fairly sure if we decided we weren't paying the 39 billion, we would be finding ourselves at the international court of arbitration being sued for it.

So when we start signing our free trade agreements, who are we doing it with and what are the implications of those? And how long will they take?

We definitely won't have one with the EU if we withhold the 39b.
 
Joey66 said:
The one the EU will concede too.......or relinquish 39 billion ....... :bye:
I am abstaining now going back to my favorite thread......:bye:
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Translate as:

It's not covered in my Brexit book of cliches and Nigel and Boris dont do detail, so im out if my depth now..please let me run away while pretending I've been toying with you all along.
 
JEBUS_LIVES said:
I'm fairly sure if we decided we weren't paying the 39 billion, we would be finding ourselves at the international court of arbitration being sued for it.

So when we start signing our free trade agreements, who are we doing it with and what are the implications of those? And how long will they take?

We definitely won't have one with the EU if we withhold the 39b.
Click to expand...

The UK has never defaulted on a debt. The markets know that. Hence our gold plated credit rating and therefore our ability to sell gilts at low rates, which ultimately benefits everyone.

In essence, our borrowing rates are at the low end.

But no. @Joey66 wants us to default on an agreed finance agreement which in his fantasy island world, he thinks the EU is actually dependent upon. It isnt mate.

But if you want higher interest rates for businesses and folk buying property, well, good on you.

It is laughable.
 
roydo said:
The UK has never defaulted on a debt. The markets know that. Hence our gold plated credit rating and therefore our ability to sell gilts at low rates, which ultimately benefits everyone.

In essence, our borrowing rates are at the low end.

But no. @Joey66 wants us to default on an agreed finance agreement which in his fantasy island world, he thinks the EU is actually dependent upon. It isnt mate.

But if you want higher interest rates for businesses and folk buying property, well, good on you.

It is laughable.
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Our new PM has not ruled not paying off the table - please keep up he also has stated if it gets back on the table they may get the 39 billion in installments until he is happy with the trade deal they offer us... again keep up ......
 
roydo said:
The UK has never defaulted on a debt. The markets know that. Hence our gold plated credit rating and therefore our ability to sell gilts at low rates, which ultimately benefits everyone.

In essence, our borrowing rates are at the low end.

But no. @Joey66 wants us to default on an agreed finance agreement which in his fantasy island world, he thinks the EU is actually dependent upon. It isnt mate.

But if you want higher interest rates for businesses and folk buying property, well, good on you.

It is laughable.
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I'm sure he'll be back to talk us through the full implications of not paying the 39b and the implications of Free Trade deals with multiple partners and the time we can expect them...
 
JEBUS_LIVES said:
I'm fairly sure if we decided we weren't paying the 39 billion, we would be finding ourselves at the international court of arbitration being sued for it.

So when we start signing our free trade agreements, who are we doing it with and what are the implications of those? And how long will they take?

We definitely won't have one with the EU if we withhold the 39b.
Click to expand...


There are many attitudes and actions which does not make me proud to be British. However, our honour in paying our dues. Its a vital must have, our fair play in this respect is renowned world over and at times probably taken advantage, however, EU bill is not one of them.
Our long established process of fair play, should have never come into this arena. Very damaging to UK image and how the rest of the world view us, this not paying nonsense.
 
NilSatisOptimum said:
There are many attitudes and actions which does not make me proud to be British. However, our honour in paying our dues. Its a vital must have, our fair play in this respect is renowned world over and at times probably taken advantage, however, EU bill is not one of them.
Our long established process of fair play, should have never come into this arena. Very damaging to UK image and how the rest of the world view us, this not paying nonsense.
Click to expand...
@Joey66 thinks it's fine.
 
roydo said:
The UK has never defaulted on a debt. The markets know that. Hence our gold plated credit rating and therefore our ability to sell gilts at low rates, which ultimately benefits everyone.

In essence, our borrowing rates are at the low end.

But no. @Joey66 wants us to default on an agreed finance agreement which in his fantasy island world, he thinks the EU is actually dependent upon. It isnt mate.

But if you want higher interest rates for businesses and folk buying property, well, good on you.

It is laughable.
Click to expand...

It's not the same thing though, is it? Our reputation for not having defaulted on our debts is based on interest payments and repayments to gilt holders. Does the EU hold UK gilts?

Its chalk and cheese to compare gilt payments to a so called divorce agreement with the EU.
 
Joey66 said:
Our new PM has not ruled not paying off the table - please keep up he also has stated if it gets back on the table they may get the 39 billion in installments until he is happy with the trade deal they offer us... again keep up ......
Click to expand...

Debts dont go off and on tables you loon.

We OWE the EU that money. Your mate can bluster and cry all he wants. If we dont pay it, the world will take a dim view.

But you obviously dont understand that. And I doubt the news outlets you link wont avail you of that.
 
Mr. White said:
It's not the same thing though, is it? Our reputation for not having defaulted on our debts is based on interest payments and repayments to gilt holders. Does the EU hold UK gilts?

Its chalk and cheese to compare gilt payments to a so called divorce agreement with the EU.
Click to expand...

The EU as in the EU government thing? Probably not. The countries that are in the EU via massive pension schemes, certainly.

Default on debt is default on debt. Matters not who you owe it to.

Our repayment over 40 years to the US for WW2 wasnt a gilt. It was a loan. Didnt default.
 
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