UK Leaving the EU- A good thing to do? - Page 2

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.

Gerald · 11-21-12, 07:35 AM

Quote:

Originally Posted by Oberon

I could not resist,

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.

Skybird · 11-21-12, 12:02 PM

We have no money "left".

No nation has.

We all are drowning in debts, we trade debts and try to find relief from debts by making new debts, and we try to excuse this by saying that in order to reduce our debts we must make more debts and increase spendings. And thats why we have more and more debts, and all the risk and danger coming from that stockpiling high into the sky.

Formally, our debt load is 2.1 trillion. Including future pensions to be payed and obligations in the future deriving from conditions in the present, our debts are somewhere in the range of 6-9 trillion. Guarantees we have given for ECB policies and Euro-related polcies, are n ot included in that. We have just had a very high tax collection with huge income for the state - and still increased our total debts. Our economy finally seems to creep towards a 0% growth and then a recession.

Go figure.

We will loose a fortune if we bail out greece, and we will loose a fortune when we do not. We have allowed the gangster at the Bundestag to push things that way, and next year millions of Germans again will legitimise them in elections to continue with that. We do not deserve it any better, therefore.

Anyhow, Greece is not really that important anymore. What could really blow up Europe, and Germany, is France.

If you undersatand a bit German, read the latest link I set up in my Note fro germany thread, the interview with Sarrazin. The money that has been spend on Euro bailouts, is gone. It will not come back, it'S gone, completely. And with interstes no longer covering inflation, and being additionally taxed, we are in a phase of biggest devaluation and mass-expropriation since Weimar already. Heck, we even have had negative interest rates for bonds in Germany.

It'S all FUBAR. With britain, it is not any better, just different. The total debt however seems to be much higher there, twice as high almost than Japan.

Jimbuna · 11-21-12, 12:27 PM

That's quite interesting yet worrying at the same time...I had no idea how bad it is in Germany.

Sadly, I don't speak or read any German...apart from a few naughty words

STEED · 11-22-12, 05:08 AM

Governments are fools they think they have the power, no they don't.

Not seen them yet? Watch & learn...

Money As Debt - Full Length Documentary

Money As Debt II: promises unleashed (FULL MOVIE)

Money as Debt 3 - The Rothschild mafia (Paul Grignon)

Kongo Otto · 11-22-12, 08:20 AM

The UK should leave asap! Nothing could be more worse then staying in the EU.
Thank God the UK never joined the Euro!
Go for independence UK and show them Brussels Bureaucrats a real good Middlefinger.
The UK survived many much more worse things including two World Wars, they will survive leaving the EU with ease!

Jimbuna · 11-22-12, 08:34 AM

Quote:

Originally Posted by Kongo Otto

The UK should leave asap! Nothing could be more worse then staying in the EU.
Thank God the UK never joined the Euro!
Go for independence UK and show them Brussels Bureaucrats a real good Middlefinger.
The UK survived many much more worse things including two World Wars, they will survive leaving the EU with ease!

That's the spirit

STEED · 11-22-12, 09:51 AM

Quote:

Originally Posted by Kongo Otto

The UK should leave asap! Nothing could be more worse then staying in the EU.
Thank God the UK never joined the Euro!
Go for independence UK and show them Brussels Bureaucrats a real good Middlefinger.
The UK survived many much more worse things including two World Wars, they will survive leaving the EU with ease!

I agree.

These bleeping bleeps in power and they are all the same put the fear of death destruction of the UK into people and like dumb saps they are fall for it all the time, apart from some of us who can see what is going on.

Skybird · 11-22-12, 10:52 AM

Around half of the British exports go into the EU. Leaving the EU at least will cause a stirr. And banking is the biggest single income generator to the UK, London is powerful, but when it comes to a showdown between London and any Euro/EU based fionacial market centre, Frankfurt for example, while there is a chance that the continent will lose that race, there is also a chance that London will lose it - and London has damn much at stake there, too. More than Germany or France or any single nation. Much at stake there.

The German stake in the Euro is being much lied about in Germany, in order to make people afraid of not having the Euro. But fact is that since the Euro was implemented a decade ago, German exports into Euro-countries are in constant decline and already have dropped by one sixth of their former pre-Euro value, with exports to EU-countries not having the Euro, and to the rest of the world as well, having grown and overcompensating these losses. The argument that Germany needs the Euro-market for its own economy, is a non-argument, or better: a political lie. The Euro-countries' share in German foreign trade has dropped from around 45% in 1999 to 35% in 2012.

11-20-12, 07:48 PM	#18
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,620 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	#19
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	#20
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	#21
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,620 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.

11-21-12, 12:02 PM	#24
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,620 Downloads: 10 Uploads: 0	We have no money "left". No nation has. We all are drowning in debts, we trade debts and try to find relief from debts by making new debts, and we try to excuse this by saying that in order to reduce our debts we must make more debts and increase spendings. And thats why we have more and more debts, and all the risk and danger coming from that stockpiling high into the sky. Formally, our debt load is 2.1 trillion. Including future pensions to be payed and obligations in the future deriving from conditions in the present, our debts are somewhere in the range of 6-9 trillion. Guarantees we have given for ECB policies and Euro-related polcies, are n ot included in that. We have just had a very high tax collection with huge income for the state - and still increased our total debts. Our economy finally seems to creep towards a 0% growth and then a recession. Go figure. We will loose a fortune if we bail out greece, and we will loose a fortune when we do not. We have allowed the gangster at the Bundestag to push things that way, and next year millions of Germans again will legitimise them in elections to continue with that. We do not deserve it any better, therefore. Anyhow, Greece is not really that important anymore. What could really blow up Europe, and Germany, is France. If you undersatand a bit German, read the latest link I set up in my Note fro germany thread, the interview with Sarrazin. The money that has been spend on Euro bailouts, is gone. It will not come back, it'S gone, completely. And with interstes no longer covering inflation, and being additionally taxed, we are in a phase of biggest devaluation and mass-expropriation since Weimar already. Heck, we even have had negative interest rates for bonds in Germany. It'S all FUBAR. With britain, it is not any better, just different. The total debt however seems to be much higher there, twice as high almost than Japan. __________________ If you feel nuts, consult an expert.

11-20-12, 05:51 PM	#16
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.

11-21-12, 12:27 PM	#25
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,525 Downloads: 63 Uploads: 13	That's quite interesting yet worrying at the same time...I had no idea how bad it is in Germany. Sadly, I don't speak or read any German...apart from a few naughty words __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

11-22-12, 05:08 AM	#26
STEED Lucky Jack Join Date: Jan 2006 Location: Down Town UK Posts: 27,695 Downloads: 89 Uploads: 48	Governments are fools they think they have the power, no they don't. Not seen them yet? Watch & learn... Money As Debt - Full Length Documentary Money As Debt II: promises unleashed (FULL MOVIE) Money as Debt 3 - The Rothschild mafia (Paul Grignon) __________________ Dr Who rest in peace 1963-2017. To borrow Davros saying...I NAME YOU CHIBNALL THE DESTROYER OF DR WHO YOU KILLED IT!

11-22-12, 08:20 AM	#27
Kongo Otto Commodore Join Date: Apr 2007 Location: Augsburg / Germany Posts: 631 Downloads: 203 Uploads: 0	The UK should leave asap! Nothing could be more worse then staying in the EU. Thank God the UK never joined the Euro! Go for independence UK and show them Brussels Bureaucrats a real good Middlefinger. The UK survived many much more worse things including two World Wars, they will survive leaving the EU with ease!

11-22-12, 10:52 AM	#30
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,620 Downloads: 10 Uploads: 0	Around half of the British exports go into the EU. Leaving the EU at least will cause a stirr. And banking is the biggest single income generator to the UK, London is powerful, but when it comes to a showdown between London and any Euro/EU based fionacial market centre, Frankfurt for example, while there is a chance that the continent will lose that race, there is also a chance that London will lose it - and London has damn much at stake there, too. More than Germany or France or any single nation. Much at stake there. The German stake in the Euro is being much lied about in Germany, in order to make people afraid of not having the Euro. But fact is that since the Euro was implemented a decade ago, German exports into Euro-countries are in constant decline and already have dropped by one sixth of their former pre-Euro value, with exports to EU-countries not having the Euro, and to the rest of the world as well, having grown and overcompensating these losses. The argument that Germany needs the Euro-market for its own economy, is a non-argument, or better: a political lie. The Euro-countries' share in German foreign trade has dropped from around 45% in 1999 to 35% in 2012. __________________ If you feel nuts, consult an expert.