UK Leaving the EU- A good thing to do?

Penguin · 11-20-12, 05:51 PM

I can't see why the UK shouldn't be able to keep its economic ties with the EU in case they leave. An economic association without having to deal with the political nonsense from Brussels seems to work for other countries like Norway.

Jimbuna · 11-20-12, 06:49 PM

Quote:

Originally Posted by Penguin

I can't see why the UK shouldn't be able to keep its economic ties with the EU in case they leave. An economic association without having to deal with the political nonsense from Brussels seems to work for other countries like Norway.

Agreed

Skybird · 11-20-12, 07:48 PM

An economy depending that much on trading virtual value (paper and banking stuff) instead of trading real value to collect its incomes like Britain, is no healthy economy.

That is what is slightly different with Norway...

Plus the EU would use any association and trade deals to attemnpt pressing Britain into embracing Eu rules again. They do it all the time in the southern periphery, dictating conditions by which they do business with individual Northafrican states (as long as it is not about oil).

London City lives by dreams of eternally delaying final payday. Have you guys learned nothing from 4 years of banking crisis? Virtual wealth is no replacement for real wealth. Paper is not the same like goods and gold. The cardhouse will collapse one day. And then Britain will be poor off, if it has not managed to restrengthen its real economy. When was the last time somebody has checked the British debt burden, compared to the GDP? The aggregated indebtedness at the end of last year equaled almost 500% of the GDP, by standardizing against he GDP making Britain the most indebted nation on this planet and by a huge margin!

http://www.bbc.co.uk/news/business-15820601

That is why there are economists rating Britain as one of the top risks for the European economy zone, and global business.

geetrue · 11-20-12, 08:53 PM

EU=PU

There will always be an England

not too sure about the United Kingdom however

If UK goes I hope they take Ireland with them

default, default

soopaman2 · 11-20-12, 09:40 PM

Operation Sea lion 2, incoming.

Except this time it will work...

Better fall in line, abandon that British Pound, and walk in jackbooted lockstep.

Or else.

Signed Angela Merkel.

Have a nice day.

Skybird · 11-21-12, 07:31 AM

German Central Bank president Weidmann just made a good suggestion that I support, but that will make him many enemies in politics. He said that banks should be forbidden to finance national states. An end to state bonds.

What...? No more living on tick? No more infinite debt raising, debt reshuffling, debt-refinancing? Well, that is reasonable, and I think the same way. But in practice this has no chance to ever become true. Politicians will bury it immediately.

Soopaman, better hold Britain responsible for her economic policies and finances. Germany has not told thew Brits to make debts and more debts and more debts. Those criticising German all the time just demand that the "new debts to finance old debts" should be going on forever. Which is denial of reality, of course. BTW, Germany itself does the same already, although we have had a record tax collection - we still increase debts again.

So stop that blame game. Every nation is responsible for its own debt policies and rotten state finances and rotten political systems: Germany for it's own, and Britain for hers.

Jimbuna · 11-21-12, 08:20 AM

Quote:

Originally Posted by Skybird

German Central Bank president Weidmann just made a good suggestion that I support, but that will make him many enemies in politics. He said that banks should be forbidden to finance national states. An end to state bonds.

What...? No more living on tick? No more infinite debt raising, debt reshuffling, debt-refinancing? Well, that is reasonable, and I think the same way. But in practice this has no chance to ever become true. Politicians will bury it immediately.

Soopaman, better hold Britain responsible for her economic policies and finances. Germany has not told thew Brits to make debts and more debts and more debts. Those criticising German all the time just demand that the "new debts to finance old debts" should be going on forever. Which is denial of reality, of course. BTW, Germany itself does the same already, although we have had a record tax collection - we still increase debts again.

So stop that blame game. Every nation is responsible for its own debt policies and rotten state finances and rotten political systems: Germany for it's own, and Britain for hers.

Does Germany have much money left to bail out the Greeks again Sky?

I should imagine the German people are quite annoyed at what there money is being spent on atm.

11-20-12, 07:48 PM	#3
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,718 Downloads: 10 Uploads: 0	An economy depending that much on trading virtual value (paper and banking stuff) instead of trading real value to collect its incomes like Britain, is no healthy economy. That is what is slightly different with Norway... Plus the EU would use any association and trade deals to attemnpt pressing Britain into embracing Eu rules again. They do it all the time in the southern periphery, dictating conditions by which they do business with individual Northafrican states (as long as it is not about oil). London City lives by dreams of eternally delaying final payday. Have you guys learned nothing from 4 years of banking crisis? Virtual wealth is no replacement for real wealth. Paper is not the same like goods and gold. The cardhouse will collapse one day. And then Britain will be poor off, if it has not managed to restrengthen its real economy. When was the last time somebody has checked the British debt burden, compared to the GDP? The aggregated indebtedness at the end of last year equaled almost 500% of the GDP, by standardizing against he GDP making Britain the most indebted nation on this planet and by a huge margin! http://www.bbc.co.uk/news/business-15820601 That is why there are economists rating Britain as one of the top risks for the European economy zone, and global business. __________________ If you feel nuts, consult an expert.

11-20-12, 08:53 PM	#4
geetrue Cold War Boomer Join Date: Jan 2002 Location: Walla Walla Posts: 2,837 Downloads: 5 Uploads: 0	EU=PU There will always be an England not too sure about the United Kingdom however If UK goes I hope they take Ireland with them default, default __________________

11-20-12, 09:40 PM	#5
soopaman2 Der Alte Join Date: Sep 2011 Location: New Jersey, USA Posts: 3,316 Downloads: 61 Uploads: 0	Operation Sea lion 2, incoming. Except this time it will work... Better fall in line, abandon that British Pound, and walk in jackbooted lockstep. Or else. Signed Angela Merkel. Have a nice day. __________________ If Hitler invaded Hell I would make at least a favourable reference to the devil in the House of Commons. -Winston Churchill- The most fascinating man in the world.

11-21-12, 07:31 AM	#6
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,718 Downloads: 10 Uploads: 0	German Central Bank president Weidmann just made a good suggestion that I support, but that will make him many enemies in politics. He said that banks should be forbidden to finance national states. An end to state bonds. What...? No more living on tick? No more infinite debt raising, debt reshuffling, debt-refinancing? Well, that is reasonable, and I think the same way. But in practice this has no chance to ever become true. Politicians will bury it immediately. Soopaman, better hold Britain responsible for her economic policies and finances. Germany has not told thew Brits to make debts and more debts and more debts. Those criticising German all the time just demand that the "new debts to finance old debts" should be going on forever. Which is denial of reality, of course. BTW, Germany itself does the same already, although we have had a record tax collection - we still increase debts again. So stop that blame game. Every nation is responsible for its own debt policies and rotten state finances and rotten political systems: Germany for it's own, and Britain for hers. __________________ If you feel nuts, consult an expert.

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11-20-12, 05:51 PM	#1
Penguin Ocean Warrior Join Date: Mar 2010 Location: Rheinische Republik Posts: 3,322 Downloads: 92 Uploads: 0	I can't see why the UK shouldn't be able to keep its economic ties with the EU in case they leave. An economic association without having to deal with the political nonsense from Brussels seems to work for other countries like Norway.