The EU: In, out, shake it all about.... (266 Viewers)

As of right now, how are thinking of voting? In or out

  • Remain

    Votes: 23 37.1%
  • Leave

    Votes: 35 56.5%
  • Undecided

    Votes: 3 4.8%
  • Not registered or not intention to vote

    Votes: 1 1.6%

  • Total voters
    62
  • Poll closed .

Grendel

Well-Known Member
Obviously you can have any opinion of what will happen going forward no matter how much it ignores the evidence but you can't deny the fact Johnson completely gave in to the EU to get a deal done before the election. Its a deal that was worse than Mays and previously rejected as something no prime minister would ever accept. To celebrate that as a success for Johnson is ridiculous.

the ore election deal has no relevance at all it was done purely to get a point across - it was a minority government so he had no hands to play. Europe know he’s hands a lot stronger - he can propose anything and Parliament will agree it

other factors may also come into play. Even the virus situation in Italy will be making the Eu hierarchy shudder

Johnson can threaten to withdraw future payments he from a uk perspective do what he likes
 

David O'Day

Well-Known Member
the ore election deal has no relevance at all it was done purely to get a point across - it was a minority government so he had no hands to play. Europe know he’s hands a lot stronger - he can propose anything and Parliament will agree it

other factors may also come into play. Even the virus situation in Italy will be making the Eu hierarchy shudder

Johnson can threaten to withdraw future payments he from a uk perspective do what he likes
Withdraw payments and the eu increases tariffs and we lose our largest trading partner
 

SkyBlueDom26

Well-Known Member
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Grendel

Well-Known Member
Withdraw payments and the eu increases tariffs and we lose our largest trading partner

Well the Eu at a stroke loses 15% of its GDP in budget terms - it also will then lose much of its industrial base as many suppliers and manufacturers rely on the uk.

If the virus situation causes a downturn and interest rates rise that will effect many Eu countries far more than us and even the threat then to withdraw the money will start to push the Eu bank lending rates up - we can set out own budget and flood the economy with money - that’s impossible in Europe
 

SkyBlueDom26

Well-Known Member
Mate you are clearly too stupid to even think so I'm going to play with you. What us it lime being g a 50 story e incel you lived I there others council flat in whoberley?

Eh? I clearly ain't stupid lol

I don't understand why you don't think we'll get a good deal
 

Grendel

Well-Known Member
Mate you are clearly too stupid to even think so I'm going to play with you. What us it lime being g a 50 story e incel you lived I there others council flat in whoberley?

Insult someone for stupidity with a post that makes no sense
 

David O'Day

Well-Known Member
Well the Eu at a stroke loses 15% of its GDP in budget terms - it also will then lose much of its industrial base as many suppliers and manufacturers rely on the uk.

If the virus situation causes a downturn and interest rates rise that will effect many Eu countries far more than us and even the threat then to withdraw the money will start to push the Eu bank lending rates up - we can set out own budget and flood the economy with money - that’s impossible in Europe
But the uk loses more so it would be stupid to try. We need to be realistic to get a good deal

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David O'Day

Well-Known Member
Eh? I clearly ain't stupid lol

I don't understand why you don't think we'll get a good deal
Because we accepted a terrible deal in the withdrawal stage. A deal that may help usher in the end if the uk it's that bad

And you clearly are stupid
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Grendel

Well-Known Member
But the uk loses more so it would be stupid to try. We need to be realistic to get a good deal

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We won’t lose more as we can compensate if we have to by economic strategy and currency devaluation - these are options and Europe hasn’t got that. All it needs is a minor blip and several Eu countries collapse - this will not happen In the uk - the Eu leaders will be far more worried now than pre election - many individual countries would suffer far more than the uk
 

Sky_Blue_Dreamer

Well-Known Member
You don't want to talk about the future, instead bitching on about the past

If you want to discuss the future you must use the past as a predictive measure. And where in Alexander's history has he shown he makes a good deal?

When he bought those water cannons for £300k despite being told they couldn't legally be used?
When he spent millions on a garden bridge that experts told him was totally unnecessary and was never built?
Hundreds of thousands spent redesigning the new Routemaster to have a rear entrance which again was unnecessary and just increased fair dodging because he forgot buses don't have conductors anymore? He was mad on bendi-buses even though someone of even moderate intelligence could've told him they weren't suitable for small urban UK roads.
Loads of money spent on 'Boris Island' airport again despite being advised against it by experts?

If he was some billionnaire wasting his own cash on these preposterous ideas I'd say good luck to the mad bastard. But he isn't - he's spent huge amounts of PUBLIC money on them whilst simultaneously cutting vital services for the most vulnerable in society because there isn't enough money. Those are the actions of a narcissist, not someone who cares about society.
 

David O'Day

Well-Known Member
We won’t lose more as we can compensate if we have to by economic strategy and currency devaluation - these are options and Europe hasn’t got that. All it needs is a minor blip and several Eu countries collapse - this will not happen In the uk - the Eu leaders will be far more worried now than pre election - many individual countries would suffer far more than the uk
Currency devaluation will just make it more expensive for uk business to bring anything in from outside the uk. It's a stupid idea when most companies have to deal with suppliers in the far east.

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Grendel

Well-Known Member
Because we accepted a terrible deal in the withdrawal stage. A deal that may help usher in the end if the uk it's that bad

And you clearly are stupid
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The SNP has committed to a referendum if we remained in the Eu - she’s a nationalist and a socialist never a great combo

they don’t meet Eu entry requirements. Id actually give her the referendum but make the impact of leaving clear - the immediate withdrawal of the pound in Scotland and WTO terms for all exports. Also withdraw the beneficial scale funding the same day

Good luck Nicola
 

Grendel

Well-Known Member
Currency devaluation will just make it more expensive for uk business to bring anything in from outside the uk. It's a stupid idea when most companies have to deal with suppliers in the far east.

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Italy would have devalued by now and wouldn’t be bankrupt - same for Greece and Portugal - the fact we can and they can’t is the threat. It’s the ability to pump money in, devalue and generally do want we like sbd of course we’d have £39 billion more to play with
 

Sky_Blue_Dreamer

Well-Known Member
the ore election deal has no relevance at all it was done purely to get a point across - it was a minority government so he had no hands to play. Europe know he’s hands a lot stronger - he can propose anything and Parliament will agree it

The fact that he can propose anything and Parliament will agree could be a boon for the EU.

They aren't stupid - they know for Johnson it's all about being PM for him. If he doesn't get a deal he looks terrible and his play to Leavers is on thin ground. His popularity and staying PM mean far more to him than getting a decent deal which would have very little personal effect on him. So he'll make any deal to do that and the EU know it. They knew it last time and he caved almost immediately.
 

David O'Day

Well-Known Member
Italy would have devalued by now and wouldn’t be bankrupt - same for Greece and Portugal - the fact we can and they can’t is the threat. It’s the ability to pump money in, devalue and generally do want we like sbd of course we’d have £39 billion more to play with
Devaluation would only work if we had a strong enough manufacturing sector to supply our own needs. At the moment most uk suppliers goods are made outside the uk so when you weaken the pound you automatically make importing the goods retailers and suppliers need more expensive.

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Grendel

Well-Known Member
The fact that he can propose anything and Parliament will agree could be a boon for the EU.

They aren't stupid - they know for Johnson it's all about being PM for him. If he doesn't get a deal he looks terrible and his play to Leavers is on thin ground. His popularity and staying PM mean far more to him than getting a decent deal which would have very little personal effect on him. So he'll make any deal to do that and the EU know it. They knew it last time and he caved almost immediately.

Laughable and naive
 

Grendel

Well-Known Member
Devaluation would only work if we had a strong enough manufacturing sector to supply our own needs. At the moment most uk suppliers goods are made outside the uk so when you weaken the pound you automatically make importing the goods retailers and suppliers need more expensive.

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The weakening of the pound alone made JLR hugely profitable in 2016
 

skybluetony176

Well-Known Member
Devaluation would only work if we had a strong enough manufacturing sector to supply our own needs. At the moment most uk suppliers goods are made outside the uk so when you weaken the pound you automatically make importing the goods retailers and suppliers need more expensive.

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It’s nonsense. Almost every commodity in the world is traded in dollars and we’re nett importers so even the stuff we do make needs a stable currency otherwise raw materials go up when the conversion from dollar to pound happens, that impacts the cost of manufacturing so any perceived advantage in export ignores the fact that goods cost more to make in the first place.
 

Sky_Blue_Dreamer

Well-Known Member
Laughable and naive

So you're saying Johnson isn't in it for the position of PM? Or that he accepted the EU's original deal that May rejected and Johnson himself said no PM could accept?

I'm just looking at what he's done thus far to forecast what he's likely to do in the future.
 

David O'Day

Well-Known Member
The weakening of the pound alone made JLR hugely profitable in 2016
The uk economy is not JLR alone. Most retailers have to by fro India and China and weakening the pound means that becomes more expensive.

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Sky_Blue_Dreamer

Well-Known Member
It’s nonsense. Almost every commodity in the world is traded in dollars and we’re nett importers so even the stuff we do make needs a stable currency otherwise raw materials go up when the conversion from dollar to pound happens, that impacts the cost of manufacturing so any perceived advantage in export ignores the fact that goods cost more to make in the first place.

If we start getting tariffs involved we've potentially got tariffs on imports of raw materials coming in to make stuff, then tariffs on finished products exported resulting in price increase and reduced demand. Of course the same is true the other way but the UK market is far smaller than those of the EU or America.

So unless we're going to pick up the slack and produce the materials ourselves (some of which isn't possible) and increase domestic consumption (which as I've already pointed out can't match that of the EU/US markets) we're more likely to lose out.

Besides which becoming a closed rather than open economy is a dangerous path to tread politically. Just helps increase anti-foreigner sentiment and fear.
 

Grendel

Well-Known Member
So you're saying Johnson isn't in it for the position of PM? Or that he accepted the EU's original deal that May rejected and Johnson himself said no PM could accept?

I'm just looking at what he's done thus far to forecast what he's likely to do in the future.

Johnson is a chancer and gambler like Cameron - also like Cameron he doesn’t give a toss about conservatism - he’s advisors are extreme socialists - it’s inconceivable he won’t have 2 terms of office if he wants them - Katya Adler the BBC correspondent based in Europe said there was a collective wrist slitting in Brussels when the result of the election was announced
 

Grendel

Well-Known Member
The uk economy is not JLR alone. Most retailers have to by fro India and China and weakening the pound means that becomes more expensive.

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Most companies hedge the risk it’s not that dramatic and again it’s the ability not the action
 

Sky_Blue_Dreamer

Well-Known Member
Johnson is a chancer and gambler like Cameron - also like Cameron he doesn’t give a toss about conservatism - he’s advisors are extreme socialists - it’s inconceivable he won’t have 2 terms of office if he wants them - Katya Adler the BBC correspondent based in Europe said there was a collective wrist slitting in Brussels when the result of the election was announced

His advisors are extreme socialists! Look at the guy that had to resign last week - if that's an extreme socialist I'd hate to see him surrounded by conservatives!

However I do agree he doesn't give a toss about conservatism - he doesn't give a toss about anything other than himself and what he wants. That is why if taking a crap EU deal will keep him as PM he'll take it - it's because that is what he really wants. If it sells the country down the river so what - he's got what he wanted out of it.
 

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