What's untrue?
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What's untrue?
Have a look and find out. And more in general; it's been harder to catch Johnson telling a truth than a lie the last 3 months.Quote:
Originally Posted by RandBlade
Incidentally, France might have passed Britain due to the pound's collapse. :noob:
Oh, I see, it's Kindergarten argument level now.Quote:
Originally Posted by RandBlade
So nothing.Quote:
Originally Posted by Hazir
Incidentally, no it hasn't.Quote:
Originally Posted by Loki
No it is a serious argument. The EU as a system is broken and not working. I think that 50% youth unemplotment is not acceptable but if that is a kindergarten argument that says more about you than me.Quote:
Originally Posted by Khendraja'aro
The most recent data I could find shows Britain with a nominal GDP about 5% higher than France's. The pound fell about 10% vs. the euro since then...
Moody's has downgraded the UK's credit rating from stable to negative, stating that the referendum result has "negative implications for the country's medium-term growth outlook".
"In Moody's view, the negative effect from lower economic growth will outweigh the fiscal savings from the UK no longer having to contribute to the EU budget."
http://www.cityam.com/244103/eu-refe...w-smaller-thanQuote:
Originally Posted by Loki
Not only are credit agencies not clairvoyants they can be at times quite small c conservative and risk adverse. There is another distinct possibility that is the reason I and millions of others voted Leave: That freed from the shackles of EU membership we could independently grow MORE than we would as members. That as an agile, independent free capitalist nation we can grow more than our moribund continent that is the slowest growing continent in the world excluding Antarctica. That we could catch up with the western non EU nations that are all richer than us and the Eurozone. That we could catch up with the western non EU English speaking first world nations which are all richer than us and the Eurozone.Quote:
Originally Posted by Timbuk2
That's why the Adam Smith Institute for instance backed Brexit. Not to save on the membership fee but to unleash our growth potential.
If we grow faster in the medium to longer term post Brexit then that will be on top of not paying our billions in membership costs.
Who cares, France overtook the UK on the IMF:s ppp-adjusted GDP ranking. Even if that weren't the case the UK's GDP days after the referendum is uninteresting. What's interesting is to see how gdp will change over the coming years compared to how it would have been expected to change. Well, that's one interesting thing anyway.
Source for France overtaking please?
Agreed what happens in the longer term is what matters. I think the Adam Smith Institute are right about what will happen.
Oh wait that's per capita, my bad
Not good enough for me to gamble my livelihood on. Sorry.Quote:
Originally Posted by RandBlade
Where are you looking to move Tim?
Fair enough we each have one vote. I view it as a gamble either way.Quote:
Originally Posted by Timbuk2
I'm sure that's very reassuring, coming as it does from the forum's resident political fantasist.
https://next.ft.com/content/a3a92744...#axzz4CZptqVcF More silly experts.
Amsterdam's alderman for economic affairs says her office already is in talks with several parties about re-locating to Amsterdam. She doesn t name any but describes them as 'mostly Asian parties active in the financial sector'.
http://www.huffingtonpost.co.uk/entr...b0d2571149bb1f And it turns out that Rand was on the same side as Corbyn.
Well, another old geezer who didn't give a shit about the future of young people who could have benefited from studying, working and living in 27 European countries.Quote:
Originally Posted by Loki
Low-key argumentation circa 2016, ladies and gentlemenQuote:
Originally Posted by Loki
Needs a subscription to FT to read.Quote:
Originally Posted by Loki
What are the chances Britain remain in the EEA now? Or the single market?
I've been reading differing opinions on how easy/difficult that will be.
The likes of Wolfgang Schäuble saying absolutely not, you vote out of the EU you vote out of everything. Fuck off in other words.
The Bank of France Governor Francois Villeroy de Galhau saying British banks won't be able to use the banking passport system unless Britain signs up to all the rules of the single market; EEA membership comes with certain provisions to get access to the single market; free movement of people being one of them. Switzerland has single market access without being an EEA member. Yet Switzerland is denied passporting.
Just trying to get a picture of what post-Brexit Britain will look like.
EEA membership is expected to require successful accession to EFTA and full compliance ie. no special treatment. In theory there's a lot of potential for obstruction but I think they wouldn't go overboard because that would just be harmful to everyone.
On the other hand, the EU seems to subscribe to the old British idea that beatings will resume until morale improves. See Greece, etc. Whether the krauts are racially blind enough to be consistent in their treatment of the untermenschen both up north and down south remains to be seen, I guess.Quote:
Originally Posted by Aimless
According to The Telegraph many British tourist are left penniless abroad because exchange transactions for the British pound are rejected.
In the real world it is consistently Germany that does stick up most for the Brits.Quote:
Originally Posted by Nessus
The only way I severe punishment happening if the British government takes too long invoking article 50. Yet It remains to be seen a Brexit government will be able to accept the situation as they promised their voters the EU would be very willing to give the UK a sweet deal.Quote:
Originally Posted by Aimless
Angela Merkel has agreed that it is right and sensible for Article 50 to be invoked once we have a new Prime Minister, so I suspect calls for an immediate invokation to die away PDQ now. Consistent with your post above.Quote:
Originally Posted by Hazir