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So May is touring the UK to forge a consensus. How the hell is she going to do that? She must not understand how fundamental this is to some of us
apparently she was always going to do this and absolutely didnt plan to trigger a50 this week 🙄
THM - the reason you disagree with me is you're being rational.
The Brexy arguments made no rational sense- pure jingoistic emotion.
Actually the arguments make slightly more sense applied to independence - but it's very marginal.
PS One was set up as a trading arrangement with a common currency and a central administrative body, but separate law, education systems etc.
The other is the EU.
Both have helped prevent wars with the "unions" - the RU more successfully.
Only one deliberately suppressed the people's and cultures of all but the dominant member (it wasn't the EU).
And I'm pro-UK
So May is touring the UK to forge a consensus. How the hell is she going to do that? She must not understand how fundamental this is to some of us
Where's she going to be so I can tell her to go back to her Westminster village and sit on the naughty step until Brexit is cancelled.
That would reflect the will of this person.
I posted on my FB account that if any of my 'foreign' friends and ex-colleagues are intending to stay in the UK and need any help in their application (need information, dates, jobs etc), please don't hesitate to contact me.
Based on what I've been reading it seems that a lot of data is needed for the application.
I'd suggest that anyone else concerned can do the same 🙂
tjagain - Member
May clearly is rattled and has also made several huge mistakes politically - its as if she knows nothing of Scotland nor do her advisers! Her speech in Scotland a week or two ago was a masterpiece in alienating Scots.I really think she simply does not understand the whole independence debate -
this, in spades!
Shes a great PM for middle england, her anti-immigrant stance as home sec makes her perfect Daily Mail fodder and she stirs the loins of Sun & Torygraph reading Thatcher fans...
2 weeks ago in Glasgow you could almost hear Elgar as May embarked on her oratory to put the Scots in their place,
It obviously delighted the little englanders, she slipped in to massage their prostates with talk of a global Britain and a Brexshit for everyone, bringing them to a patriotic climax as she berated the SNP for their obsession with independence at any cost (apparently in some sort of parallel irony free universe) 😆
This is how Jambs reacted to her speech
May's speech was absolutely spot on re Scotland. Masterful in fact.
This is how scotland reacted to her speech
[img] 
[/img]
and here we are with another referendum on the way
masterful
As Junkers is to the Daily Mail, Tory PMs are to Scotland?
kimbers - Member
This is how scotland reacted to her speech
You have forgotten the Scottish hero Mel Gibson with his battle cry Frreedddommm.
However, in terms of the old fashion conqueror you really have to give it to Edward I, also known as Edward Longshanks and the Hammer of the Scots. He did hammer them hard.
Is this the blood feud that has lasted until this day even James I as King for both Scotland & England is not enough to reduce the feud? After all James I was a Scottish King that was also the King of England was he not?
Which of the Scottish clans suffered the most during Edward I reign? I bet their descendants are the ones that are still fighting ... 😯
Well we will see how this all maps out. So far May has played a blinder and right now is looking rock solid as the PM post a big 2020 GE win. Remember all those "demands" from the EU that A50 was triggered immediately, all gone rather quiet 🙂 At least the Germans have been honest enough to say the EU budget needs revising come 2018 in responce to the reality that the UK will no longer be paying in come 2019.
Sturgeon did exactly what was expected, used the EU Referendum as an excuse for a do over. She surprised precisely no one.
May won't blink, the Indy Ref do-over will be in late 2019, September is my guess.
Personally I'd say an independent just got closer. Once may starts to hammer home the negotiations and leaves people behind the margin will swing. She may be popular with a sub set of the population but not many of them live north of the border and she has little to offer them. As we are in uncertain times perhaps the eu would welcome Scotland, as Ireland would the North making it simple for institutions to decide where to base for English speaking eu access.
mikewsmith - Member
Personally I'd say an independent just got closer.
Not when EU bureaucratic system is still an entity.
May has played a blinder and right now is looking rock solid as the PM post a big 2020 GE
oooops
what was it 29 seats being investigated for illegal spending
https://www.channel4.com/news/battlebus-conservatives-admit-election-expenses
Is someone standing in for chewkw who has gone of on holiday? I don't recognise the turn of phrase.
Queen to sign the A50 bill on Thursday
So much for the Brexy press suggesting A50 could have been triggered today then, eh Jamba.
Is that like jamba eternally predicting the imminent collapse of the EU?
kimbers - Member
Is that like jamba eternally predicting the imminent collapse of the EU?
Yep it will happen.... when the Eu collapses and the UK is out will the same when there was zero fall out from the US Sub Prime Mortgage issue?
Fallout from the eurozone implosion will be far larger than sub-prime / excessive bank leverage crises of 2007/8 which we still have not recovered from. The shift from excess consumer leverage via excess bank leverage to excess government debt is very clear to see. It's scary that Greece will be the largest soveriegn default ever and it's just the tip of the eurozone iceberg.
I hope you guys are spending prudently and have some rainy day savings, they will be needed Brexit or no Brexit
I hope you guys are spending prudently and have some rainy day savings, they will be needed Brexit or no Brexit
So being in or out of the EU has no bearing on the impact? Thats a change it's been one of your main reasons to get out hasn't it?
So yes in reality world econiomics impacts the UK regardless of how it sits politically.
I hope you guys are spending prudently and have some rainy day savings, they will be needed Brexit or no Brexit
Not much point, Jamba, in your scenario I can't see many banks being able to pay out any money and even if they do it will be worthless. The Euro stands a better chance than the pound as the UK isn't big or strong enough to support the pound.
You seem to forget that the UK is deeply in debt and Brexit is likely to compound the problem as the UK looks to be losing its export markets: US 20% tax announced by Trump, EU still unknown post Brexit, rest of world likely to join in.
Without EU membership the UK looks very much like Argentina. People slag off the Euro but as a zone its fundamental are strong and it's a very hard currency to attack. It took one investor to attack the pound and the value dropped by 10-15% IIRC.
...I can't see many banks being able to pay out any money and even if they do it will be worthless.......the UK isn't big or strong enough to support the pound.
..., as the UK looks to be losing its export markets:.,,,
Without EU membership the UK looks very much like Argentina.....
....but as a zone its fundamental are strong....
..,,,It took one investor to attack the pound
POSTED 1 HOUR AGO #
And without a single smiley! Thanks for such a brilliantly entertaining start to the day!!! I doubt it will be beaten
Just taking Jamba's own arguments to their logical conclusion.
You can't predict the meltdown of the EU and its financial institutions and expect British banks still to be in a position to fill cash-point machines with currency people will be able to buy anything with.
My own prediction is that the EU and Euro will muddle along as the dollar has done with some parts of the dollar zone doing better than other, some even going bankrupt, but an area representing 2% of GDP going bankrupt isn't going to bring down the whole EU/Euro zone.
The pound on the other hand... .
I hope you guys are spending prudently and have some rainy day savings, they will be needed Brexit or no Brexit
and i believe that most people in the UK don't have any meaningful savings... When the wheels come off the economy it has the potential to go very badly wrong for a huge number of people.
No you are making a series of unsubstantiated claims. Ignore what Jambas says about Greece, we have no financial liabilities towards the EZ, since we are not a member of the EZ. This was/is just a scare story. Any commitment that we may/may not make would be fully collateralised like last time.
The breakup of the EZ will not help us, but it will not create the liquidity crisis that you claim. That is simply a wild exaggeration.
So, THM, you claim that the double hit of Britain no longer getting funds from the European Investment bank and banks losing whatever they have invested in European assets that go under in Jamba's Euro zone apocalypse won't cause a liquidity crisis when British banks aren't prepared for much more minor shocks as the stress tests demonstrate.
Britain might be an island but financially it is highly exposed to other people's issues and problems. Subprime was just a hiccup compared with what Jamba is predicting but look what that did to the liquidity of British banks.
anyone seen the David Davies BRexit committee cross examination, is it as much of a car crash as the comments i have been reading?
No I just understand how bank liquidity works.
Looks like it from the Guardian report
Surprised? DD has a car crash aura about him, you never know when or where, but it's coming, you know it's coming.
anyone seen the David Davies BRexit committee cross examination, is it as much of a car crash as the comments i have been reading?
I'm sure it'll all be fine. He's got Liam Fox to help him. Two towering political heavyweights, who are the very watchword for competence, to guide us through the choppy waters that lie ahead
tj, that was one of the sources, i was just wondering if that was the Guardians bias, or was it really that bad!
Other sources do suggest a car crash, but i was hoping for some semblance of a plan..... and it just being viewer bias.
The Times were chortling away at the utter clown-like incompetence of him, and his general cluelessness as well.
But I'm sure it will all be fine. Its not like we're relying on him for anything of any great importance
Oh... hang on a minute....
Davis looked awful, like he'd been up all night with George Osborne smashing the the coke n hookers
stand out comments ...
MPs- [b]Why havent you done a cost benefit analysis of Hard vs Soft Brexit[/b]?
DD - [b]I dont need numbers on a bit of paper[/b],
MPs- For realz?
DD- No its fine [b]I have an idea of what it will look like[/b] in my head
😯
and the MPs allowed this crap to carry on, by voting the other day!
Should also be pointed out in light of the NI U turn, the manifesto commitment to stay in the single market....
Hammond getting a kicking too I see.
May's huge indyref miscalculation,
Johnson & Fox saying the exact opposite, for reasons neither have the nouse to backup
Davis looking like an OAP who wandered down to the corner shop in his slippers but has now forgotten what he meant to buy...
Now cool calm Hammond flailing helplessly after the Murdoch press put him back in his place.
Kussenberg was the only person in parliament today with their reputation intact, scoring better hits than either party leader at PMQs 😯 .
The EU negotiating team must be wondering if it's all a cunning ruse or whether they'll soon be going toe to toe with a real life Dads Army
Surreal, is this how it felt on the Titanic as the band played played one last waltz?
As far as I am awte the European Investnebt Bank procided ZERO funds for British Banks. Any loans required came from BoE
The EIB provides Investment loans fir debelopment projects to the periphery, ie poorer EU / potential EU member countries
As I posted a while back no loss if they relicated that elsewhere
The EIB provides Investment loans fir debelopment projects to the periphery, ie poorer EU / potential EU member countries
Like the UK?
This is why Cornwall is now screaming out, there as been a lot of money spent in Cornwall, South wales et al.
As for we can redirect the money we sent to Brussels, how many times has that now been spent?
Tax rises or tax rises that is the choice.
jambalaya - Member
As far as I am awte the European Investnebt Bank procided ZERO funds for British Banks. Any loans required came from BoE
Ooohh ahhh Jambaaaaaafact!
Infact
The European Investment Bank (EIB) provided more than £1.25bn to UK renewable energy projects last year, out of total investment of £5.5bn to the country
http://renews.biz/105664/uk-clean-power-banks-eu-benefits/
we got 10 per cent of its loans in 2015.
Our company received EIB loans for UK infrastructure. We're the UK arm of an American company.
Looks like Holland are staying in.
http://www.reuters.com/article/us-netherlands-election-exit-poll-idUSKBN16M2XC
WTF has the EIB got to do with this? Edukator got a bit confused on the previous page and tried to link the activities of a bank that specialises in providing medium to long term investment finance with the short term liquidity needs of retail banks supplying cash thru ATMs. It was just a very confused point and best left ignored.
iolo - Member
Looks like Holland are staying in.http://www.reuters.com/article/us-netherlands-election-exit-poll-idUSKBN16M2XC
really hope so
would be nice for the alt- right not to claim another victory
Kimbers Edukator was implying the EIB had helped out British Banks, I was saying it did not. Really the EIB shouldn't be lendng to UK projects as we have ample finance available in this country already. TBH I think Edukator mixed up EIB with ECB.
Not much news today.