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Brexit

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  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    Seems to me that the richer countries in the EU are keeping the poorer ones afloat.

    Wow.
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    Northern Europe has some very rich countries with small populations.
    I’m not sure you’d find a Grimbsy or Scunthorpe in those countries.
    France by area is twice the size of the U.K., but our population is higher.
    It’s made up of vast areas for agriculture, that we’ve helped subsidize,as net contributors, so they can sell it back to us.Only ten net contributors to the EU budget. We were in the top three.
    Isn’t it strange that Germany and France are the only ones with a trade surplus with the China powerhouse.A country that they are heavily dependent upon.
    You’d have thought the smaller countries would also have a surplus with China for the “ leg up”.
    But, alas.

    The EU doesn't have a trade deal with China.
    Some of the member states trade with China on WTO rules.
    We are one of them.
    Germany do 5 or 6 times the trade that we do with China, because they are better at it.
    We can trade with any country that is a member of The WTO, and we do with many of them.
    The EU negotiate free trade deals for the whole bloc.
    It would make little sense for each member country to separately negotiate their own separate, and different, trade deals with the same countries.
    The EU currently has free trade deals with around 70 countries, which we can access until we leave.
    There are around 162 countries in the WTO.
    We can currently deal with almost 100 of them through the EU, and EU free trade deals.
    The free trade deals will be on preferential terms compared to trading on WTO rules.

    I brought up the quote about the poorest areas of Northern Europe being in the UK, in response to your silly comment about them not all being minted.
    Anyone running a company that was anywhere near sane would prefer access to a market of 500 million customers.
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    Don’t think people love the NHS, they’re just glad it’s there.
    People seem to dislike any criticism of the NHS.
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    Que? To your interest comment, you’ve lost me.

    When I commented on Boris and the prospects of a sh1t deal with the EU, your response was that the BoE may drop interest rates, which may improve things.
    I am not going to argue about interest rates.
    I merely said that the dropping of interest rates was irrelevant to the argument.
    Boris could get a better deal with the EU, and in addition the BoE could still drop interest rates.
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    Most countries have poorer regions.
    So if the EU have a larger population, they’ll have more poorer people in total.
    You’re talking about the whole EU population.

    I am talking about the size of the market.

    Don’t forget we’re “ leveling up” , but highly likely we’ll be leveling down.

    We are levelling up by forcing The Cabinet to use Yorkshire tea bags.

    You’re getting a touch bitter lately, I might give you a rest.
    I’ve answered numerous questions of yours, but we take different views on things.
    You’re doom and gloom, I’m a little more optimistic.

    I would admire your optimism, if any of it was based on facts.

    It’s not just Boris, it’s a team of negotiators+others.
    You’re obsessed with holding Boris to account for some reason.
    Who are the negotiators accountable to?
    Who made the decision on the starting point of negotiations?
    I am not sure that you understand that Boris demanding complete divergence results in a sh1t deal.
    Divergence and good deal cannot be used in the same sentence.
    That is a fact.
    Its doesn't mean wait and see, it is a fact.
    Boris only had a mandate to leave, he had no mandate to crash our economy.


    If you had answered the questions that were asked we could have had a proper debate.

  • chillingchilling Member Posts: 3,774
    In big letters for you.
    I SAID THE BOE DID NOT MOVE ON INTEREST RATES WHEN THEY COULD HAVE.
    CARNEY ORIGINALLY SAID HE WOULD MOVE WHEN THE UNEMPLOYMENT HIT HIS TARGET, IT HIT HIS TARGET. THEN HE MOVED HIS GOALPOSTS TO THE INFLATION RATE.
    ON HIS BOOKS, THE INFLATION WAS IN LINE.
    HE SHOULD HAVE STARTED RAISING INTEREST RATES YEARS AGO, THEN YOU HAVE MORE WIGGLE ROOM WHEN THINGS GO TIT S UP. I E, BULLETS.
    THE BOE ARE SCARED OF THE AFFECT RAISING RATES WOULD HAVE ON THE HOUSING MARKET.SO THEY DID NOT RAISE RATES.= NO BULLETS NOW.

    When I first started saving, I’d get 12% on my savings.
    Today,the powers don’t want you to save, they want you to spend. Keeps the money moving about.
  • chillingchilling Member Posts: 3,774
    The reason for me following it , I worked for property developers,they borrowed huge sums of money.
  • chillingchilling Member Posts: 3,774
    Knock it down, put another one up. About a mile from Pizza Express in Woking.
    No, I never saw Prince Andrew .

  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    In big letters for you.
    I SAID THE BOE DID NOT MOVE ON INTEREST RATES WHEN THEY COULD HAVE.
    CARNEY ORIGINALLY SAID HE WOULD MOVE WHEN THE UNEMPLOYMENT HIT HIS TARGET, IT HIT HIS TARGET. THEN HE MOVED HIS GOALPOSTS TO THE INFLATION RATE.
    ON HIS BOOKS, THE INFLATION WAS IN LINE.
    HE SHOULD HAVE STARTED RAISING INTEREST RATES YEARS AGO, THEN YOU HAVE MORE WIGGLE ROOM WHEN THINGS GO TIT S UP. I E, BULLETS.
    THE BOE ARE SCARED OF THE AFFECT RAISING RATES WOULD HAVE ON THE HOUSING MARKET.SO THEY DID NOT RAISE RATES.= NO BULLETS NOW.

    When I first started saving, I’d get 12% on my savings.
    Today,the powers don’t want you to save, they want you to spend. Keeps the money moving about.

    We were discussing the Brexit deal.
    Whether or not the interest rates could be adjusted to affect the economy, was irrelevant to that argument.
    The Brexit deal is one thing, interest rates are another.
    We have the opportunity to choose a deal which causes less damage to the economy, or one that will cause significant damage.
    Boris has chosen a path that will lead to the most damage.
    You cant argue that a sh1t deal could be somehow improved by increasing or reducing interest rates.
    Common sense dictates that you would choose a better deal and improve it further by adjusting interest rates.


    I don't want to get into an argument about interest rates because that would be a different thread.
    However, the other side to your argument, is that I can remember when the mortgage rate was fifteen and a half percent.
    My mortgage doubled over 12 or 15 months.
    Raising rates is good for savers, not for borrowers.
    Increasing the mortgage rate takes money out of millions of peoples pockets, and has an effect on many businesses.
    People become more cautious, and have less to spend.

    We should choose the best Brexit deal we can get, not the worst.
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    The reason for me following it , I worked for property developers,they borrowed huge sums of money.

    Why do you think it is relevant?
  • chillingchilling Member Posts: 3,774
    HAYSIE said:

    Why do you think it is relevant?
    Interest rates going up or down can affect the property market bigtime.
    The developers have had a field day for years.
    The loans the guys I’ve worked have had in the past, aren’t mortgages. Shorter term loans, more risk, higher rate.

    Changes to interest rates won’t matter anyway with the scale of what’s about to occur with this virus.
    Normally you use them for troubled times,but this current trouble is of the charts.
  • chillingchilling Member Posts: 3,774
    This government has 4 countries to be concerned about.
    The EU has 27?
    Watch out for the euro bonds, and how the EU address that issue.
  • HAYSIEHAYSIE Member Posts: 38,523
    edited March 2020
    chilling said:

    Interest rates going up or down can affect the property market bigtime.
    The developers have had a field day for years.
    The loans the guys I’ve worked have had in the past, aren’t mortgages. Shorter term loans, more risk, higher rate.

    Changes to interest rates won’t matter anyway with the scale of what’s about to occur with this virus.
    Normally you use them for troubled times,but this current trouble is of the charts.
    Why on earth would you bring up interest rates over and over again, and finally admit that they are irrelevant?
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    Interest rates going up or down can affect the property market bigtime.
    The developers have had a field day for years.
    The loans the guys I’ve worked have had in the past, aren’t mortgages. Shorter term loans, more risk, higher rate.

    Changes to interest rates won’t matter anyway with the scale of what’s about to occur with this virus.
    Normally you use them for troubled times,but this current trouble is of the charts.
    Completely irrelevant then?
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    This government has 4 countries to be concerned about.
    The EU has 27?
    Watch out for the euro bonds, and how the EU address that issue.

    And this matters how?
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    Interest rates going up or down can affect the property market bigtime.
    The developers have had a field day for years.
    The loans the guys I’ve worked have had in the past, aren’t mortgages. Shorter term loans, more risk, higher rate.

    Changes to interest rates won’t matter anyway with the scale of what’s about to occur with this virus.
    Normally you use them for troubled times,but this current trouble is of the charts.
    I should have been clearer, and asked why you thought this was relevant to Brexit negotiations?
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    This government has 4 countries to be concerned about.
    The EU has 27?
    Watch out for the euro bonds, and how the EU address that issue.

    Do you think that euro bonds are likely to be mentioned during the Brexit negotiations.
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    This government has 4 countries to be concerned about.
    The EU has 27?
    Watch out for the euro bonds, and how the EU address that issue.

    Might be down to two in a minute?
  • HAYSIEHAYSIE Member Posts: 38,523
    chilling said:

    In big letters for you.
    I SAID THE BOE DID NOT MOVE ON INTEREST RATES WHEN THEY COULD HAVE.
    CARNEY ORIGINALLY SAID HE WOULD MOVE WHEN THE UNEMPLOYMENT HIT HIS TARGET, IT HIT HIS TARGET. THEN HE MOVED HIS GOALPOSTS TO THE INFLATION RATE.
    ON HIS BOOKS, THE INFLATION WAS IN LINE.
    HE SHOULD HAVE STARTED RAISING INTEREST RATES YEARS AGO, THEN YOU HAVE MORE WIGGLE ROOM WHEN THINGS GO TIT S UP. I E, BULLETS.
    THE BOE ARE SCARED OF THE AFFECT RAISING RATES WOULD HAVE ON THE HOUSING MARKET.SO THEY DID NOT RAISE RATES.= NO BULLETS NOW.

    When I first started saving, I’d get 12% on my savings.
    Today,the powers don’t want you to save, they want you to spend. Keeps the money moving about.

    You are still avoiding them?



    We will see if your post is true.

    Do you think we should remain closely aligned and protect the economy, or diverge and purposely damage it?

    And why?

    Do you think Boris has a mandate to diverge?

    If so where from?

    Does leaving with a Norway plus deal, still amount to leaving?

    As we already conduct some checks between NI, and UK, which are done on the ferries to avoid delays. Do you think that in the light of the fact that we are about to employ 50,000 staff to process the additional post Brexit paperwork, in addition to a large number of extra Customs Officers. That we may have chosen to employ extra staff to carry out checks on the ferries, and therefore avoid delays, in order to avoid drug, and people smuggling, that this could have been implemented many years ago, and avoided any dead bodies turning up in trucks?

    Do you agree that we didn't need to leave the EU, to provide more protection for our borders?

    The Tory Party was fairly recently conducting an ABB campaign. This stood for anyone but Boris. What changed?

    Boris has made it clear that he will not extend the EU trade negotiations past the end of December. Do you agree with this?

    Or do you think he should focus on the best deal for the UK, however long that takes?

    Do you think we will attract many foreign manufacturers to the UK, post Brexit. Or do you think that they will be more likely to set up in Europe, to access a bigger market?
  • HAYSIEHAYSIE Member Posts: 38,523
    Austerity measures in action.




    Boris Johnson spent nearly £1,000 ferrying Brexit deal around in chauffeur-driven car
    Document was given red carpet treatment





    Boris Johnson's Brexit deal was ferried around in a chauffeur-driven car to be signed, at the cost to the taxpayer of over £900, its has been revealed.
    The withdrawal agreement was taken from Brussels to London and back again by high-speed Eurostar train, with no expense spared, according to receipts uncovered by The Independent.

    A freedom of information request found the total cost of transporting the document was £902.56, money which came out of the existing Foreign Office budget.

    https://www.independent.co.uk/news/uk/politics/brexit-deal-withdrawal-agreement-eurostar-chauffeur-driven-car-a9401526.html
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