18-10-2020, 04:12 PM
151
Re: &#@%!?
Originally Posted by Bread
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We don't trade with the EU we trade with the member states.There lies the division, it will be the commission vs the business of the member states, the workers and the people.
People are the ones who earn and spend money.
18-10-2020, 04:48 PM
152
Re: &#@%!?
Originally Posted by Bread
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We don't trade with the EU we trade with the member states.There lies the division, it will be the commission vs the business of the member states, the workers and the people.
The individual countries want to trade competitively.
The EU don't want them to trade competitively.
The solution?
Leave!
18-10-2020, 08:42 PM
153
Re: &#@%!?
Originally Posted by Zaphod
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Ah, you spotted the biggest flaw in the EU plan.People are the ones who earn and spend money.
19-10-2020, 09:20 AM
154
Re: &#@%!?
Originally Posted by JBR
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Exactly my point.The individual countries want to trade competitively.
The EU don't want them to trade competitively.
The solution?
Leave!
The problem the 27 have is that their biggest market is within the 27 itself, so when one country gets hit with recession they all feel the impact - economies get hit at the same time. Look at the EU quantitive easing since the 2010 crash, this was supposed to solve unemployment and their economic problems - it didn't work. It was supposed to have been stopped years ago (like the UK, USA etc) but instead, its continuous and perpetual.
The disaster for the EU though is not just the constant QE (which is basically, debt through German bonds as the member states do not have their own individual central banks - only the ECB), resulting in the creation of an EU zombie economy.
The QE has created "fake demand" by constantly pumping money into the economy and its only the QE that makes many businesses from going to the wall. As soon as QE stops, so does this "fake demand" and thousands of zombie companies will collapse over night like a house of cards.
German savers have had their pensions and savings decimated because of low interest rates as a result of the constant QE by the ECB. They are not happy, I can tell you.
Now, faced with the impending disaster, the ECB manages to push through €750 billion of mutualised debt - the frugal 4 who have been pushing back for so long finally gave in, understanding that it was only going to be a "one off". However, already the commission is talking about phase 2 of debt mutualisation, which they can do whenever they want, because the commission wrote into the agreement that by doing so, the 27 give the commission free reign to borrow on the capital markets on their behalf for the next 50 years or so. This is a horror about to unfold in the next few months - mark my words
The Euro is in a death spiral, the other currencies in the EU which are locked into it through the customs union and the single market know very well that when the Euro collapses they will take them down with it.
Thank God we are out of this mess.
19-10-2020, 06:34 PM
156
Re: &#@%!?
Originally Posted by Solasch
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Then why try to gain access to the single market? Just walk away from negotiations!
Tell us what countries the EU has trade deals with are not getting access to the single market?
17-04-2021, 09:55 AM
157
Re: &#@%!?
This is way beyond the pale.https://www.express.co.uk/news/polit...ce-David-Frost
At the moment such an approach is not possible because Pfizer is reliant on a company in Yorkshire, Corda International, to provide several key components for it jab.
Mrs Adye said: "This announcement convinces me that this reliance on component parts from the UK is the only reason the EU did not try and cut us off from vaccines made in the EU earlier this year.
"The Government must not ignore this dangerous threat. This is exactly why we at Get Britain Out have consistently been calling for the Government to end our reliance on a wide range of imported products - not just vaccines.
"If we do not ensure a much greater level of self-sufficiency in this country, we run the risk of being vulnerable to hostile actions from the EU - and other trading partners - actions which could have devastating results on our economy and the lives of the Great British Public.”
17-04-2021, 10:12 AM
158
Re: &#@%!?
Originally Posted by Bread
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If the EU decide they cannot use London for Euro clearing, finance, insurance etc because they are not recognising our international finance standards, it will end the Eurozone and most of the other countries in the EU.They will, effectively be saying that London (the biggest financial centre in the world) cannot trade in EU markets and vice versa, which also means they will also no longer be able to trade in USA, Singapore, Switzerland etc because they also share mutual recognition with London. A rule for one is a rule for all.
This stupidity is a great example of why we left. It shows how the EU commission do not give a toss about the 27, it's money, their economies or the people, only their political agenda.
I hope the EU do this - it will end them overnight.
17-04-2021, 10:22 AM
159
Re: &#@%!?
Originally Posted by Cinderella
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This is way beyond the pale. https://www.express.co.uk/news/polit...ce-David-Frost
Blackmail is a crime.
17-04-2021, 10:48 AM
160
Re: &#@%!?
Originally Posted by Cinderella
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This is way beyond the pale. https://www.express.co.uk/news/polit...ce-David-Frost
The Get Britain Out director, writing in her weekly newsletter, pointed to an announcement by European Commission President Ursula von der Leyen that the bloc would soon being making sure all vaccines it uses are made 100 percent within the EU.
At the moment such an approach is not possible because Pfizer is reliant on a company in Yorkshire, Corda International, to provide several key components for it jab.
Mrs Adye said: "This announcement convinces me that this reliance on component parts from the UK is the only reason the EU did not try and cut us off from vaccines made in the EU earlier this year.
"The Government must not ignore this dangerous threat. This is exactly why we at Get Britain Out have consistently been calling for the Government to end our reliance on a wide range of imported products - not just vaccines.
"If we do not ensure a much greater level of self-sufficiency in this country, we run the risk of being vulnerable to hostile actions from the EU - and other trading partners - actions which could have devastating results on our economy and the lives of the Great British Public.”
Blackmail is a crime.
Nevertheless, you are right. It is high time we became far more self-sufficient at least in certain areas because, quite simply, it is apparent that we cannot trust other countries like the EU and even, under Bidet, America.
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