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  • Theresa May rejects Brussels's hardline Brexit demands

    From telegraph.co.uk

    Theresa May has dismissed a series of hardline Brexit demands from Brussels as politicians on both sides of the Channel warned that the talks could turn nasty. The Prime Minister said requests formally agreed by EU leaders were simply a negotiating position. Mrs May insisted she was sticking to her own demands outlined in a speech earlier this year which included tariff-free trade, ending the jurisdiction of European courts and stopping free movement of migrants. When asked about mounting fears the UK could be “bullied by Brussels” she claimed that voters re-electing her was the best way to secure a good deal. On ... (full story)

what does that mean for GBP pairs?
  •  Guest
  • | IP XX.XX.237.20
Gbp GAP down big tomorrow. Especially with market closed. No volume
roller coaster ride
Quoting peekay007
what does that mean for GBP pairs?
She either agrees on Brussel's demands or no deal. You know what does it mean.
Gap down
Quoting JakubSzalaFX
{quote} She either agrees on Brussel's demands or no deal. You know what does it mean.
i don't really know what it means,pls use candlesticks to explain.Bullish or bearish?
  •  Guest
  • | IP XXX.XXX.195.52
bearish....
Bearish...
Gap down...100pips
Quoting peekay007
{quote} i don't really know what it means,pls use candlesticks to explain.

Bullish or bearish?
Both

Pal, why are you so wired up??
Just wait.
First move will be fake....
After say 9 a.m. we can think of direction.....
But being a holiday....just wait Tuesday.

Ok?

Good job Cliff. Got article through FF.


As to T.May... she's been tough-strong-talking 15 years now why stop
Down
  •  Guest
  • | IP XXX.XXX.140.28
It looks reasonable for EU to focus first on:
- UK paying back its debt/obligation to EU
- status of EU residence in the UK
- land border
That gives clarity to start taking about next steps.

Interesting article about brexit:
https://www.theguardian.com/politics...ed-back-brexit
  •  Guest
  • | IP XXX.XXX.195.158
Maybe she wants no deal as the UK government has no clear idea how to get new good deals. She is too focus on her power than on what is good for the UK.

All that will be rather negative for the UK stocks. Regarding GBP - short term check the chart. Mid term - rather negative as the demand for GBP will be lower and to survive brexit and support export UK will need to keep GBP low.
Quoting Not-KPMG
{quote} Both Pal, why are you so wired up?? Just wait. First move will be fake.... After say 9 a.m. we can think of direction..... But being a holiday....just wait Tuesday. Ok? Good job Cliff. Got article through FF. As to T.May... she's been tough-strong-talking 15 years now why stop
got you loud and clear.
  •  Guest
  • | IP XXX.XXX.170.100
Every brexit delay is good for the pound...so gap up. GBPUSD will reach 1.40 eventually, so shorting it other than for scalping is suicide mission.
after this article yesterday about the Personal insolvencies soar to highest level in three years in UK , and what Theresa May did today , the gap would be greater than 100pips.
guess will be waiting after 8/9am too ..wonder what this bank holiday will be like for the Gbp / was bullish on GbpUsd/GbpCad 3 lots and closed 2 before Fri close.... if a big gap down is possible then am prepared to lose those earning ;-(
gbpusd should be big down
There won't be a gap. This is just noise. Even if there is one - it won't be much. Relax
This is a total non-story and posters saying this will cause a big gap down are clueless. Everyone knew the EU would take a tough negotiating stance. No one thought they would just give May everything she wanted. If GBP does gap down it's because opinion polls showing May's lead is slipping, nothing to do with this non-story.
I have a sell lot ... gap down wpuld be nice start for weak
Push the sterling down please... i need to load up a few more for my retirement within the next 3-5 years

Quoting stormtrader
Push the sterling down please... i need to load up a few more for my retirement within the next 3-5 years
1.2941 just now.
So tiny gap down.

PS: a warning to all ⚠
I'm going to take a shower!!!!!!! And that brings memory
If it's the same effect as the Brexit night, expect 1.19 by the time I'm dry
Inserted Video
sp500
This means go long GBP. The EURO is doomed

The EU globalist puppets want Britain to pay a “Brexit bill” of around £50 billion before a future trade deal is discussed. Theresa May says up yours and that's the end of that.

Article 50 of the Treaty on European Union has no exit fees or fines specified for leaving the EU. So Britain doesn't owe the EU a penny. And Britain won't be paying any more annual EU membership fees aka EU tax.

With out the EU ball and chain around its neck Britain will be much better off.

Here's another ridiculous EU demand showing how intent the globalists are on undermining Britain's sovereignty:
“Europe is demanding that EU citizens in Britain should have their existing rights protected in the Article 50 agreement, and that they should be protected by the European Court of Justice.”

Here's a great headline I'd love to see:
“The European Union Demands that EU Citizens Living in the United States Should be Protected by the European Court of Justice”

And Donald Trump replies “Nuts”.

.........................................................................................................................................................................

See
Donald Tusk promises to deal 'firmly' with Britain as EU leaders unanimously agree Brexit negotiating stance
http://www.telegraph.co.uk/news/2017...-meet-discuss/

Article 50 of the Lisbon Treaty
http://www.lisbon-treaty.org/wcm/the...rticle-50.html
Quoting Borg
This means go long GBP. The EURO is doomed .
Interesting point of view Mr Borg from Tuvalu. OK, that's what you say but what if the Euro is not doomed? For the next 5 - 10 years even if you were right? Which I doubt. 27 countries telling the UK there is no trade deal unless you accept our terms? Where does that leave the UK?
Quoting smikester
{quote} Interesting point of view Mr Borg from Tuvalu. OK, that's what you say but what if the Euro is not doomed? For the next 5 - 10 years even if you were right? Which I doubt. 27 countries telling the UK there is no trade deal unless you accept our terms? Where does that leave the UK?
Correct.
The EU is a mess....but UK is deeper mess.
And its position, currency, future, spending will get weaker every year.
So likely no deal. Who wanna deal with a country like Argentina that won't pay????Or 20 years to get one.
  • Post #27
  • Quote
  • Edited at 9:13am May 1, 2017 8:44am | Edited at 9:13am
Quoting smikester
{quote} Interesting point of view Mr Borg from Tuvalu. OK, that's what you say but what if the Euro is not doomed? For the next 5 - 10 years even if you were right? Which I doubt. 27 countries telling the UK there is no trade deal unless you accept our terms? Where does that leave the UK?
Borg?
Tuvalu? LoL... hes an Alt-Right Cyborg.. LoL. American..


And dont be too hard on him..
Thanks to the abismal muppet-directed coverage by the UK /US media neither he nor most otherwise well informed readers, will have any grasp of the issue..

Quoting Borg
.....Article 50 of the Treaty on European Union has no exit fees or fines specified for leaving the EU. So Britain doesn't owe the EU a penny. And Britain won't be paying any more annual EU membership fees aka EU tax. ....
The "bill" the UK is being asked to settle has NOTHING to do with Article 50 prescriptions, and is largely that of honoring the guarantees and committments its ALREADY made and legally comitted to in PREVIOUS YEARS, but not yet completed paying down. Spending commitments related to the European Unions 2014-20 Multiannual Financial Framework (MFF the EUs medium-term budget), and some other similar items, such as the EU budgets contribution to the ECIPE. Broadly there there are a number of types of commitments already made by UK, to be apportioned and settled..
Reste liquider (RAL)
Significant legal commitments (SLC)
Other planned commitments (OPC)
EU borrowing to finance financial assistance programmes
Pension/sickness insurance liabilities related to EU employees ...
..All accrued from current period of membership and comittements freely and concractually entered into.

These liabilities have NOTHING to do with "divorce settlements" or Exit Tax.. or these other moronic characterisations. The sums largely involve settling old unpaid bills, settling established committments and covering contingent liabilities accrueing.
Bit like checking out of a Hotel... where youve been a member of a Favoured Customer Scheme... and decide to leave.
You need to pay your bill... before you start to discuss your next booking...?
Hardly unreasonable?
Quoting smikester
{quote} Interesting point of view Mr Borg from Tuvalu. OK, that's what you say but what if the Euro is not doomed? For the next 5 - 10 years even if you were right? Which I doubt. 27 countries telling the UK there is no trade deal unless you accept our terms? Where does that leave the UK?
The UK doesn't need the EU to prosper. It's the other way around. All 27 countries “telling the UK there is no trade deal unless you accept our terms” is not realistic if there is a benefit in trading for both parties. Free trade happens when both parties benefit. So once Britain exits the EU whats the point in a country refusing to trade if both parties benefit. Britain is not North Korea. The EURO is doomed because the EU is doomed. Negative interest rates is a giant hint that their economics model is fundamentally flawed and unsustainable.
Quoting Not-KPMG
{quote} Correct. The EU is a mess....but UK is deeper mess. And its position, currency, future, spending will get weaker every year. So likely no deal. Who wanna deal with a country like Argentina that won't pay????Or 20 years to get one.
See my reply to smikester.
Quoting cliffedwards
{quote} Borg? Tuvalu? LoL... hes an Alt-Right Cyborg.. LoL. American.. And dont be too hard on him.. Thanks to the abismal muppet-directed coverage by the UK /US media neither he nor most otherwise well informed readers, will have any grasp of the issue.. {quote} The "bill" the UK is being asked to settle has NOTHING to do with Article 50 prescriptions, and is largely that of honoring the guarantees and committments its ALREADY made and legally comitted to in PREVIOUS YEARS, but not yet completed paying down. Spending commitments related...
The British exit issue is quite simple. The supposed benefits of Britain staying in the EU are out weighed by the disadvantages.

If you would like to enlighten me further since you claim to be well informed then please do. I am willing to listen.

The bill for obligations incurred will include debits for losses incurred because of EU incompetence. Any bills that are legally obligated should be paid but demanding that they be paid in full as a condition for exit is nonsense. Article 50 has no such requirement which was my point.

Btw: Name calling is a bad way to start your post. And Better Alt-Right than Alt-Wrong.
I think the payment of the bill was a manufactured requirement from the EU before any future trade negotiations with Britain, not for an exit of the EU itself
It will be interesting to see if Theresa decides to walk away with "NO DEAL", in the anticipation that this form of exit will pressure some of the more vulnerable EU states to convince Brussels to compromise a little.
Quoting Borg
{quote} The UK doesn't need the EU to prosper. It's the other way around. All 27 countries “telling the UK there is no trade deal unless you accept our terms” is not realistic if there is a benefit in trading for both parties. Free trade happens when both parties benefit. So once Britain exits the EU whats the point in a country refusing to trade if both parties benefit. Britain is not North Korea. The EURO is doomed because the EU is doomed. Negative interest rates is a giant hint that their economics model is fundamentally flawed and unsustainable....
Thanks for your reply. I hope you are right. Also, I hope you are wrong about the EU.
Quoting Ill-b-back
It will be interesting to see if Theresa decides to walk away with "NO DEAL", in the anticipation that this form of exit will pressure some of the more vulnerable EU states to convince Brussels to compromise a little.
The EU seem to be under the misapprehension that they are still calling the shots. They still don't seem to understand that the UK electorate rejected EU rule. It seems that drunkard Junker and his fellow EU elite are the ones "living in a different galaxy". Who are you kidding Mr Junker
Quoting Devauxt
{quote} The EU seem to be under the misapprehension that they are still calling the shots. They still don't seem to understand that the UK electorate rejected EU rule. It seems that drunkard Junker and his fellow EU elite are the ones "living in a different galaxy". Who are you kidding Mr Junker
Well, I can see the EU point of view of strength in numbers.
However, those vast numbers can obviously also be the EUs' weak point

I'm going to follow developments with great interest.
Would love to see an attractive precendent set by the UK, despite the pessimistic view of static "models"...

I fcuking hate that "apparently" savvy, yet outdated word with a passion
Quoting Devauxt
{quote} The EU seem to be under the misapprehension that they are still calling the shots. They still don't seem to understand that the UK electorate rejected EU rule. It seems that drunkard Junker and his fellow EU elite are the ones "living in a different galaxy". Who are you kidding Mr Junker
I doubt Theresa (if voted in), will grant the concessions for EU citizens living in the UK.
That is quite undermining of the UK goals and will be a slap in the face for the UK.
Would tell them where to go on at least that point also.
Reeks of elitists unable or unwilling to reconcile the change in circumstance triggered by Brexit
Quoting Ill-b-back
{quote} Well, I can see the EU point of view of strength in numbers. However, those vast numbers can obviously also be the EUs' weak point I'm gong to follow developments with great interest. Would love to see an attractive precendent set by the UK, despite the pessimistic view of static "models"... I fcuking hate that outdated "apparently" savvy word with a passion
The EU rhetoric shows that they are rattled, not just about Brexit, but also about the French elections. Instead of addressing the growing concerns of the European electorate, the EU's response is to show the European electorate that the EU can inflict major pain and damage if the European nations do not fall in line. The EU is nothing but a bully and its weapons of intimidation are the Euro, grant withdrawal, threats and fines. Only the EU elite's vision of Europe counts
  • Post #38
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  • Edited at 3:43am May 2, 2017 3:30am | Edited at 3:43am
Quoting Ill-b-back
{quote} I doubt Theresa (if voted in), will grant the concessions for EU citizens living in the UK. That is quite undermining of the UK goals and will be a slap in the face for the UK. Would tell them where to go on at least that point also. Reeks of elitists unable or unwilling to reconcile the change in circumstance triggered by Brexit
Theresa May tried to come to an agreement regarding EU citizens in the UK and UK citizens in the EU back in December, which the EU rejected. It is interesting that the EU seem to have ignored this and are now making such a big thing of this issue. It could have been sorted out months ago, but the EU are trying to use it as part of their propaganda campaign. Again, a sign of EU weakness
Quoting Devauxt
{quote} The EU rhetoric shows that they are rattled, not just about Brexit, but also about the French elections. Instead of addressing the growing concerns of the European electorate, the EU's response is to show the European electorate that the EU can inflict major pain and damage if the European nations do not fall in line. The EU is nothing but a bully and its weapons of intimidation are the Euro, grant withdrawal, threats and fines. Only the EU elite's vision of Europe counts
I'm seeing continued rhetoric from our man in FF that the UK should continue to feel vulnerable as a result of the EU bullying, as if there are no future options for prosperity outside of the EU.


When you find that your perception of reality is fundementally at odds with that of 20-30 other colleagues..
Might be time to ask if they are the ones needing a reality check.. or (shock/horror) perhaps its you?
We voted leave. Now..we need to pay our bills, ensure our overseas citizens security, and move on.
Unless of course we want our future defined by the spin of stand-up commedians
Being further ahead in the polls, she is not going to adjust her initial tough stance now with an election around the corner.

Afterwards, who knows.

like it or not, that's politics...
Quoting cliffedwards
When you find that your perception of reality is fundementally at odds with that of 20-30 other colleagues.. Might be time to ask if they are the ones needing a reality check.. or (shock/horror) perhaps its you? We voted leave. Now..we need to pay our bills, ensure our overseas citizens security, and move on. Unless of course we want our future defined by the spin of stand-up commedians
The EU's perception of reality is what is distorted.

If remaining a member of this failed attempt at world government was so wonderful then why is Britain leaving ?

Why is Marine Le Pen the anti-EU candidate going to be the next French president and not the EU puppet Macron ?

Why are EU countries out right defying EU edicts to take in more immigrants and the EU threatening to fine them for that ?

An example of how out of touch with reality they are is their
"demanding that EU citizens in Britain should have their existing rights protected in the Article 50 agreement, and that they should be protected by the European Court of Justice."

National sovereignty is the issue here and they are making this ludicrous demand.

Theresa May will no doubt put the EU bureaucrats back in their safe spaces and then Britain can get back to being Britain again without foreign powers trying turn Britain in to their lap dog.
Quoting Borg
{quote} The EU's perception of reality is what is distorted. If remaining a member of this failed attempt at world government was so wonderful then why is Britain leaving ? Why is Marine Le Pen the anti-EU candidate going to be the next French president and not the EU puppet Macron ? Why are EU countries out right defying EU edicts to take in more immigrants and the EU threatening to fine them for that ? An example of how out of touch with reality they are is their "demanding that EU citizens in Britain should have their existing rights protected...
The EU is the world's 2nd largest economy. The UK was never a full member. You sound desperate. Good luck.
  • Post #44
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  • Edited at 7:51am May 2, 2017 7:41am | Edited at 7:51am
Quoting Ill-b-back
{quote} I'm seeing continued rhetoric from our man in FF that the UK should continue to feel vulnerable as a result of the EU bullying, as if there are no future options for prosperity outside of the EU.
I dont understand the schadenfreude.. and the preoccupation of some of our antipodean and transatlantic friends here? Its just business.

As a UK citizen, for me its its simple.. We took a decision, were leaving the EU. Now we need to pay our bills, honor our comittments, secure our citizens abroad , and stop whinging and ranting endlessly about the shortcomings of the EU...
Maybe then we can establish a mutually beneficial trade deal with our most important trading partner.

This sort of endless redux of the UKIP Playbook and idiological political point scoring is purile.

Like I say.. Time to MOVE ON.
Quoting cliffedwards
{quote} I dont understand the schadenfreude.. and the preoccupation of some of our antipodean and transatlantic friends here? Its just business. As a UK citizen, for me its its simple.. We took a decision, were leaving the EU. Now we need to pay our bills, honor our comittments, secure our citizens abroad , and stop whinging and ranting endlessly about the shortcomings of the EU... Maybe then we can establish a mutually beneficial trade deal with our most important trading partner. This sort of endless redux of the UKIP Playbook and idiological...
I understand where you are coming from Cliff. Perhaps a few weeks/months ago, it would have and prob was becoming a bit tired, but you have not by a long shot been without your own expressed opinions of UK shortcomings.
However, the main aspect of criticism of late, has revolved primarily around the EU demands that EU citizens in UK should have their rights continued to be protected by the Euro Court of justice which undermines the UK sovereignty sought by Brexit. Something you seem reluctant to acknowledge when reinforcing the need to secure UK citizens abroad.

If you are suggesting that Theresa should simply accept the EU demands without consideration of how they undermine their sought after sovereignty or without any form of negotiation or fact finding into potential UK rights to claim EU financial waste against their outstanding bill (and potentially save billions) then I guess that is your opinion.

My own interest stems from my belief a nation should have the opportunity to be fully responsible to determine its' own path economically and politically. While the UK is prob not the best example of this ideal lacking within the EU construct, I never the less disagree with the EU and particularly Eurozone concept.
To be honest, much of my own and other peoples posts in here have been a reaction to the repeatedly and "apparently" laid out certain path of doom and gloom as if other trading options (previously denied under EU membership) will not be made available and it will all just be too hard to work.

Of course it won't be easy, change rarely is, and there will be a lag time, but that's no excuse not to pursue it.
Quoting Ill-b-back
{quote} I understand where you are coming from Cliff. Perhaps a few weeks/months ago, it would have and prob was becoming a bit tired, but you have not by a long shot been without your own expressed opinions of UK shortcomings. However, the main aspect of criticism of late, has revolved primarily around the EU demands that EU citizens in UK should have their rights continued to be protected by the Euro Court of justice which undermines the UK sovereignty sought by Brexit. Something you seem reluctant to acknowledge when reinforcing the need to secure...
IMHO IBB, its very simple. We guarantee all existing rights to EU citizens resident in UK at point of exit.
Health, welfare, work and residence. And they (all 27) do similar. After that we can all do what we like going forward. Whats the problem. Whats to negotiate?

In the matter of just how disjuncted our UK position , going into these negotiations with our 27 closests neighbours and trade partners are its worth checking out this Forbes article ..
https://www.forbes.com/sites/frances.../#48ebd0084f04

Im sorry but theres a 100% traincrash coming here. And Im taking my own steps to ensure when it happens neither I nor my family are disadvantaged. Im lucky. Most of my fellow countrymen wont have that opportunity.
  • Post #47
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  • Edited at 11:07am May 2, 2017 10:08am | Edited at 11:07am
Quoting Ill-b-back
{quote} I understand where you are coming from Cliff. Perhaps a few weeks/months ago, it would have and prob was becoming a bit tired, but you have not by a long shot been without your own expressed opinions of UK shortcomings. However, the main aspect of criticism of late, has revolved primarily around the EU demands that EU citizens in UK should have their rights continued to be protected by the Euro Court of justice which undermines the UK sovereignty sought by Brexit. Something you seem reluctant to acknowledge when reinforcing the need to secure...
It is unrealistic for anyone living in one country to be subject to, or benefit from the laws of another state, especially the ECHR
  • Post #48
  • Quote
  • Edited at 1:36pm May 2, 2017 10:38am | Edited at 1:36pm
Theres a bunch of people here and in my country (UK) that seem to think that their view of the world is somehow smarter, more accurate and more worthy that that of their 27 closests sovereign neighbours.
That think their analysis of economics is smarter more accurate than that of their peers.
That think that google replaces education? That expertise and experience is obsolete?
That think that there are simplistic solutions to creating a fairer, more inclusive and prosperous society.
That think that Informed Opinion is worthless.

I dont.

And I believe in a global society of increasing interdependence, that we ignore our neighbours, our experts and our business leaders at our peril.
Quoting cliffedwards
Theres a bunch of people here and in my country (UK) that seem to think that their view of the world is somehow smarter, more accurate and more worthy that that of their 27 closests sovereign neighbours. That think their analysis of economics is smarter more accurate than that of their peers. That think that google replaces education? That expertise and experience is obsolete? That think that there are simplistic solutions to creating a fairer, more inclusive and prosperous society. That think that Informed Opinion is worthless. I dont. And I believe...
Would you share a bank account with 27 of YOUR closest neighbours? I assume Cliff, that you are an upstanding citizen, hardworking and earning a decent crust. Unfortunately, not all your neighbours are like you. Some are a lot less fortunate or honourable.

But not to worry, because their analysis of economics is smarter than yours, right? Hey, even you could live in a fairer, more inclusive society!
Quoting smikester
{quote} The EU is the world's 2nd largest economy. The UK was never a full member. You sound desperate. Good luck.
Actually, smikester, without the UK, it loses 2nd place...
  • Post #51
  • Quote
  • Edited at 1:40pm May 2, 2017 1:22pm | Edited at 1:40pm
To equate ithe intellectual resources of individuals in an analogy, with that of sovereign states is both an insult to their collective intelligence and to ours.

Relative global economic strenght? Right now..
The EU is the largest economy in the world. Although growth is projected to be slow, the EU remains the largest economy in the world with a GDP per head of 25 000 for its 500 million consumers.
The EU is the world's largest trading block. The EU is the worlds largest trader of manufactured goods and services.
The EU ranks first in both inbound and outbound international investments
The EU is the top trading partner for 80 countries. By comparison the US is the top trading partner for a little over 20 countries.
The EU is the most open to developing countries. Fuels excluded, the EU imports more from developing countries than the USA, Canada, Japan and China put together.

Yep.. I guess theres some room for reduction in status here with our exit.
EotD.. depending on terms of measurement.. its still EU/US/China

Source: European Commission
Quoting Devauxt
{quote} It is unrealistic for anyone living in one country to be subject to, or benefit from the laws of another state, especially the ECHR
I agree 100 percent.

Some don't, and I guess that's ok too
  • Post #53
  • Quote
  • Edited at 7:01pm May 2, 2017 4:42pm | Edited at 7:01pm
Quoting cliffedwards
{quote} IMHO IBB, its very simple. We guarantee all existing rights to EU citizens resident in UK at point of exit. Health, welfare, work and residence. And they (all 27) do similar. After that we can all do what we like going forward. Whats the problem. Whats to negotiate? In the matter of just how disjuncted our UK position , going into these negotiations with our 27 closests neighbours and trade partners are its worth checking out this Forbes article .. https://www.forbes.com/sites/frances.../#48ebd0084f04...
Cliff, I think it should be clear to all but perhaps the willful blind that the 2 sides are drawing up their negotiation lines in order to secure a compromised deal. The 2 parties talk tough, begin poles apart then slowely come together. This is not unusual nor is it a cliche. It's a reality of negotiations.
You think Theress should immediately fold on all their demands regarding finance and rights.

For reasons already stated, I disagree.
Quoting Ill-b-back
{quote} Cliff, I think it should be clear to all but perhaps the willful blind that the 2 sides are drawing up their negotiation lines in order to secure a compromised deal. The 2 parties talk tough, begin poles apart then slowely come together. This is not unusual nor is it a cliche. It's a reality of negotiations. You think Theress should immediately fold on all their demands regarding finance and rights. For reasons already stated, I disagree.
well IBB.. I hope you are right/
i think to keep the relationship, UK and EU better not negotiate... May should just walk away..
Quoting Borg
{quote} The UK doesn't need the EU to prosper. It's the other way around. All 27 countries “telling the UK there is no trade deal unless you accept our terms” is not realistic if there is a benefit in trading for both parties. Free trade happens when both parties benefit. So once Britain exits the EU whats the point in a country refusing to trade if both parties benefit. Britain is not North Korea. The EURO is doomed because the EU is doomed. Negative interest rates is a giant hint that their economics model is fundamentally flawed and unsustainable....

good analysis ,share your opinion 100 %
Quoting smikester
{quote} The EU is the world's 2nd largest economy. The UK was never a full member. You sound desperate. Good luck.
The size of an economy is not necessarily a good indication of its health when so much of it is built on debt.

Size matters only up to a point.

The EU countries, Greece, Italy, Spain, Portugal, Cyprus, Belgium all have national debt in excess of their GDP.

Debt problems in Italy and Spain could be catastrophic for the EU if they needed to be bailed out.

I wish the EU luck dealing with their economic and political problems. Unfortunately luck and kicking the can down the road appears to be the only thing going for the EU now.
living on the credit card can work for a time but the reckon day always happens,that is what we are witnessing in eu and usa,the party is over, the adults are back into their homes in dissaray while the kids were running it,

france will wake when the muslims are in power ..maybe
Quoting cliffedwards
To equate ithe intellectual resources of individuals in an analogy, with that of sovereign states is both an insult to their collective intelligence and to ours. Relative global economic strenght? Right now.. The EU is the largest economy in the world. Although growth is projected to be slow, the EU remains the largest economy in the world with a GDP per head of 25 000 for its 500 million consumers. The EU is the world's largest trading block. The EU is the worlds largest trader of manufactured goods and services. The EU ranks first in both inbound...
Which is why the EEC was such a good idea...
Quoting ahyau
i think to keep the relationship, UK and EU better not negotiate... May should just walk away..
what a great solution from Singapore. Your "Thoughts" a big contribution.
Have you ANY idea of the consequences of that?
ANY?
Quoting cliffedwards
{quote} Yes IBB it IS an amazing idea.. its given the citizens of its 28 nations the most incredible collective influence and collective power in the world. And because of this its collected a bunch of assholes and discontents who for their various sick agendas want it to fail. And yes iThe EU is complete fkuc up. Its got every imperfection in democratic economic and social terms you can imagine. It faces crisis after crisis and its got a common currency that defies gravity, has its own little eleites and establishments.. ?/? But for all that its...
Equating the issues with EU, (the collective inhabitants of 28 member countries) with family discontent out does your hotel bill analogy Cliff.
If it had been left as the EEC, there would be no reason for others to see it fail. If they had been more open to reason and reform, there would be no reason for others to see it fail.

As others have pointed out, the EUs' solutions to its' issues is simply more EU.

So where is it all eventually going Cliff??

And yet, those who oppose this model and attitude of dealing with "family" discontent are labelled by you as uneducated, ill informed, assholes etc.

Removing responsibility from the EU itself...

Blaming the abandonment of a broken EU model showing no signs of wanting to change on those leaving, is like labelling as "cowards" those that decide to jump ship while the collective Captains stubbornly steer it towards an Iceberg while locking the doors to the bridge.
  • Post #62
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  • Edited at 10:20pm May 5, 2017 10:06pm | Edited at 10:20pm
Quoting cliffedwards
Look Bro.. Youve just crossed a line . This is a forum for civilised discussion. Alledging that Ive described members here as "Assholes." is fkucing LIE
Did I say members Cliff? What gave you the idea I was referring to members as being the subjects of your derogatory statements? Your conscience perhaps?

The language is right there in your post above Cliff and you accuse ME of uncivilised behaviour.

Your ability to be critical of others and their ineptitude on research and knowledge while you yourself were plagiarising from google is indicative enough of your own gross hypocrisy.

I've crossed a line??

You crossed it weeks ago...
Quoting cliffedwards
Im saying you are a lier.
Oh, so calling me a li(a)r.
Or are you suggesting I just like to relax?

And you want to keep this civilised??
Get fucked Cliff, take a good hard look at your own hypocritical image before make accusations like that.

If you can't correctly interpret a simple paragraph without getting worked up and making false accusations, perhaps you should consider something else to pass the time
Quoting cliffedwards
No misunderstanding. Im calling you a liar. Ive never called anyone here, member or not, as an asshole. Me?.. totally relaxed, just had a swim in the pool, and about to have beer with some pals who are looking over my shoulder and cracking up at this ridiculous exchange.
If you think there's no misunderstanding Cliff, then your more twisted in your own and my statements than I thought. In your post above you label others who want the EU in its' current form to fail as "a bunch of assholes". I accused you of labelling those who oppose the EU model as "assholes" which you did.
so off your high pompous horse and get your arse a little closer to the ground with the rest of us.

This is the last time we will ever be in discussion.
Quoting Ill-b-back
{quote} Equating the issues with EU, (the collective inhabitants of 28 member countries) with family discontent out does your hotel bill analogy Cliff. If it had been left as the EEC, there would be no reason for others to see it fail. If they had been more open to reason and reform, there would be no reason for others to see it fail. As others have pointed out, the EUs' solutions to its' issues is simply more EU. So where is it all eventually going Cliff?? And yet, those who oppose this model and attitude of dealing with "family" discontent...
Nooooo, Not the truth. You can't tell the truth in here. People will get offended.....................very well said
Quoting Ill-b-back
{quote} If you think there's no misunderstanding Cliff, then your more twisted in your own and my statements than I thought. In your post above you label others who want the EU in its' current form to fail as "a bunch of assholes". I accused you of labelling those who oppose the EU model as "assholes" which you did. so off your high pompous horse and get your arse a little closer to the ground with the rest of us. This is the last time we will ever be in discussion.
Ouch
Quoting cliffedwards
{quote} what a great solution from Singapore. Your "Thoughts" a big contribution. Have you ANY idea of the consequences of that? ANY?
Is an opinion from Singapore not valid? That is rather a racist comment Cliff.
Quoting cliffedwards
{quote} what a great solution from Singapore. Your "Thoughts" a big contribution. Have you ANY idea of the consequences of that? ANY?
Only those who want to profit from it says there are consequences...

You think UK or anyone is nuts....to pay $100B to part ways ??
  • Post #69
  • Quote
  • Edited at 7:07am May 6, 2017 6:54am | Edited at 7:07am
Quoting Devauxt
{quote} Nooooo, Not the truth. You can't tell the truth in here. People will get offended.....................very well said
Well, he DID manage to redirect the discussion at a rather critical juncture, so I'll give him some political points for that lol.
It's just a shame he had to twist my words and call me a liar (or lier??) to do it.

Re reading a section of my post, "uneducated, ill informed, assholes etc" could be construed as my reference to labels he's used on a single group of people (those in FF arguing for Bexit), but it is not the correct interpretation with the grammar of commas and "etc" I used. I was repeating different expressions he's used for different occasions or subjects.
An Englishman of his apparent credentials should have seen that.
Quoting ahyau
{quote} Only those who want to profit from it says there are consequences... You think UK or anyone is nuts....to pay $100B to part ways ??
The EU are panicking because without the UK's money they are pretty buggered. So, it would be just left to Germany to shoulder the cost. The EUSSR was what they always wanted; they failed to achieve it militarily twice therefore they had to get more cunning, but they needed some other mug to help pay for it. Well, no more!
Quoting ahyau
{quote} Only those who want to profit from it says there are consequences... You think UK or anyone is nuts....to pay $100B to part ways ??
100B??
I thought that was just a flustering joke to rattle the cage some more. They are serious?

I thought it was only 60B.
Quoting jen101
{quote} The EU are panicking because without the UK's money they are pretty buggered. So, it would be just left to Germany to shoulder the cost. The EUSSR was what they always wanted; they failed to achieve it militarily twice therefore they had to get more cunning, but they needed some other mug to help pay for it. Well, no more!
With Macron's drive to reduce public spending by €60bn, I would say that it is the French who are going to pick up the slack in the EU budget. The EU state has to be protected at all costs, no matter ahet the European citizens have to suffer. The ordinary unwashed citizens of Europe have to forgo real freedom and real democracy for the sake of the EU elite
Quoting Ill-b-back
{quote} 100B?? I thought that was just a flustering joke to rattle the cage some more. They are serious? I thought it was only 60B.
According to the PM legal advisors, nothing is legally due
Quoting jen101
{quote} ...The EUSSR...
I like that, I shall use that acronym from now on.
Quoting Devauxt
{quote} According to the PM legal advisors, nothing is legally due
Well, just as well May is not simply rolling over and hanging tax payers out to dry then eh.
Quoting Ill-b-back
{quote} 100B?? I thought that was just a flustering joke to rattle the cage some more. They are serious? I thought it was only 60B.
It will be 200bn next week. Then they think we'll go running to them and beg to pay the original 60bn.
Quoting jen101
{quote} It will be 200bn next week. Then they think we'll go running to them and beg to pay the original 60bn.
Good old Nigel,
Inserted Video
Quoting Devauxt
{quote} Good old Nigel, https://www.youtube.com/watch?v=yoiKWWjCYO4

Yes. The farce continues. Just shows half the country is not fit to vote. They've only just woken up. Now how many councillors have UKIP got?

And how many MPs?

T'is but a scratch.

Inserted Video
Quoting Devauxt
{quote} Good old Nigel, https://www.youtube.com/watch?v=yoiKWWjCYO4
If indeed the treaty interpretation of Nigel and the party and lawyers is correct, I have no idea why some UK citizens would be pushing for or expecting them to "Pay this $100B bill". Makes no sense to me.
Quoting stormtrader
Push the sterling down please... i need to load up a few more for my retirement within the next 3-5 years

and now unloading...this was way faster than i expected
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  • Posted: Apr 30, 2017 7:43am
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     cliffedwards
    Category: Low Impact Breaking News
    Comments: 80  /  Views: 18,348