Brexit...
- Thread starter TIDE-HSV
- Start date
The Brexit debate reaches all corners of the world, as seen by the comments on the Falkland Islands twitter page, on the eve of the 37th anniversary of the invasion by Argentina:
So this happens this coming Friday, correct?
I sure hope trade deals are in place or the following Monday will be rough on the markets...
I sure hope trade deals are in place or the following Monday will be rough on the markets...
There will be a transition period through the remainder of the year as they negotiate the many things that have to change, so it won't be as abrupt as it could have been. That assumes that the core deal is negotiated over the next few days.
The weird thing - the fishing rights in UK waters seems to be critical to the EU, even though they represent a tiny percentage of the total revenue impacted by Brexit. Seems to me that the EU is trying to stick it to the people who voted for Brexit since this was one of the key talking points that garnered the required votes.
I will laugh my ass off if the UK agrees to share those fishing rights with the EU after all of this.
So, are you guys in favor or against Brexit? Honestly, I don't follow world politics (can barley stomach US politics) enough to know what is good or bad about GB leaving the EU. On the surface, I applaud a country for exercising it's sovereign right to leave an institution that it no longer agrees with but, I don't know the particulars around the situation or if their motives are good/bad.
Was I suppose to be offended by that speech because nothing seemed bad but, again I don't know the details of what is going on? I thought it was funny how the lady jump all over the word hate at the end. The EU is not a person or country and I think he was talking about hating the institution not a single person or nation.
Was I suppose to be offended by that speech because nothing seemed bad but, again I don't know the details of what is going on? I thought it was funny how the lady jump all over the word hate at the end. The EU is not a person or country and I think he was talking about hating the institution not a single person or nation.
I just spent 3 days with a room full of Brits and they are not worried about it. It will cause the EU more hardship than they might expect, especially if the UK goes down the Singapore road.
Based on what I know I'm all for it. The EU has become an albatross for many countries, exercising ever greater power over the supposed sovereign nations.
IMO the need to scrap it and start over.
Well, I predicted the EU's end at the beginning. I didn't think monetary union without economic union would ever work and Greece came along and illustrated what I was talking about. Aside from that, the cultures were/are too disparate...
Then there is the minor issue of the various countries having spent much of their history trying to kill each other.
Money drives everything. Historical rivalries and cultural differences would be overlooked if not for the economic problems. The fact is that a few countries (Great Britain, Germany and France) are supporting a lot of abysmally irresponsible policies (or, in the case of GB, were supporting those policies).
Greece and a number of former Soviet satellites are great examples. Italy, with its 20th? 30th? 50th? government since WWII isn’t so fiscally sound, either.
So the real conundrum comes when you ask, “Why should a German (or British or French) industrial worker work his or her hindquarters off so that a Greek (or Polish, or Italian, or Spanish or Portugese) plumber can sit on his hindquarters, starting at age 55?”
If anybody can come up with a logical reason for that, you’ll resolve the EU problem. So far, nobody has. And not surprisingly, the British didn’t take so kindly to being used like toilet paper.
The Brits contributed a ton more to the EU than they got in return. Now, that difference will fall to a smaller number of productive countries — because if there’s one truth left in this world, the net receivers of funds will not change their policies.
I will not be at all surprised to see the Germans leave soon. French culture is strange, and I could see that one going either way — all in for the EU (financial consequences be damned), or give the EU the middle finger? I don’t know.
I do know this: The Brits never swapped the British Pound for the Euro. A brilliant move at the outset. Who wants to have their currency tied to the economic performance of Portugal, Italy, Greece and Spain (PIGS for a reason)?
Greece and a number of former Soviet satellites are great examples. Italy, with its 20th? 30th? 50th? government since WWII isn’t so fiscally sound, either.
So the real conundrum comes when you ask, “Why should a German (or British or French) industrial worker work his or her hindquarters off so that a Greek (or Polish, or Italian, or Spanish or Portugese) plumber can sit on his hindquarters, starting at age 55?”
If anybody can come up with a logical reason for that, you’ll resolve the EU problem. So far, nobody has. And not surprisingly, the British didn’t take so kindly to being used like toilet paper.
The Brits contributed a ton more to the EU than they got in return. Now, that difference will fall to a smaller number of productive countries — because if there’s one truth left in this world, the net receivers of funds will not change their policies.
I will not be at all surprised to see the Germans leave soon. French culture is strange, and I could see that one going either way — all in for the EU (financial consequences be damned), or give the EU the middle finger? I don’t know.
I do know this: The Brits never swapped the British Pound for the Euro. A brilliant move at the outset. Who wants to have their currency tied to the economic performance of Portugal, Italy, Greece and Spain (PIGS for a reason)?
I have been wondering why Germany has supported the EU for the last few years. I am not well educated in European politics but I think they have borne the brunt of the failing countries debt in the EU.
They have been in overreaction to their role in Nazi Germany for decades...
I've been told that Greek workers think they don't have to work...after all they gave the world Aristotle and Socrates. They can just sit around and think...and get paid. Germany and Britain need trading partners...but Britain just got tired of paying others to buy their goods. If Germany does that then watch out...the EU will fold and world economy will suffer in the short term.
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