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So the UK is finished says Theresa Mayhem


fatshaft

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9 hours ago, P.K. said:

Our politicians should be striving for the best possible deal for the UK.

Unfortunately there is a large swathe of the ruling tory party who either don't understand or don't care what is best for the country. First and formost they want to stay in power and as brexit "won" the day that makes them brexiteers.

 

The more we get into the truth of what brexit actually involves the more the brexiteers' Unicorn comes across as a tired whitewashed old donkey with a dildo on it's head....

You do go on a bit :)

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7 minutes ago, paswt said:

You do go on a bit :)

Thanks!

 

 

 

The more we get into the truth of what brexit actually involves the more the brexiteers' Unicorn comes across as a tired whitewashed old donkey with a dildo on it's head....

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8 hours ago, paswt said:

You do go on a bit :)

The next six months will define how the UK's economy performs over the next decade or so.

And if the UK economy catches a cold Mannin sneezes.

It's that simple and it's serious shit.

When a highly experienced WTO trade negotiator says publicly that a no deal brexit will be "catastrophic" for the UK then you should take heed and listen. Because the likes of Rees-Mogg, Johnson, Raab, Fysh, Fox etc etc are talking bollocks. And that's how we ended up here. Politicians talking bollocks. Of course, the Maybot's Cabinet will back her to the hilt. And then give it a twist....

What's a particularly bad aspect of brexit imho is that the Daily Wail, the Torygraph, the Excess, the Murdoch Mouthpiece and all the rest of the most right-wing press in Europe are all totally in thrall to the owners' agenda. So don't expect anything factual or balanced on brexit from them. Also, depending on your viewing habits of course, you may have noticed that one James O'Brien who fronted up Newsnight as well as his LBC slot has parted company with the BBC. He thinks the BBC has given far too much ground to the complaints of right-wing tories, which is to say all of them, about content on brexit. Having watched Marcus Fysh on Newsnight last week talking the most stupid nonsense about Customs and so forth (he doesn't seem to realise that there are customs officials on both sides of a border) with no-one there to debunk it with a injection of realism then I'm inclined to think O'Brien has a valid point.

The Leave campaign won but the way they did it speaks volumes about the issues. The started off with the nonsensical "£Zillions to the EU while hospital patients starve..."  etc etc but as that was quickly debunked in a new nadir even for UK politics they played the Johnny Foreigner card and it worked.

Here is a simple fact about the referendum and Johnny Foreigner that lots of people seem to struggle with even on here:

"Not everyone who voted for Brexit is a racist,

but every racist voted for Brexit"'

What a colossal clusterfuck it all is...

 

The more we get into the truth of what brexit actually involves the more the brexiteers' Unicorn comes across as a tired whitewashed old donkey with a dildo on it's head....

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If any of you Remainians can be bothered, that is...

Cheers mate....

I'm going to read it.

Edit : despite the IEA clearly lobbying for a hard brexit since the vote and not being exactly open about their funding source(s).

 

Edited by ballaughbiker
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5 hours ago, quilp said:

Interesting pdf from the IEA...

https://iea.org.uk/themencode-pdf-viewer-sc/?file=/wp-content/uploads/20

5 hours ago, quilp said:

18/09/PLAN-A-FINAL.pdf&settings=111111011&lang=en-GB#page=&zoom=75&pagemode=

If any of you Remainians can be bothered, that is...

Shanker and Radomir have been peddling the magic border and the magic trade deals for ages. Delve a bit deeper and you might work out why they want to manipulate the hard of thinking into creating economic catastrophe for Britain. 

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On 9/23/2018 at 9:37 PM, Freggyragh said:

So those options are:

1 - fta (Canada) good for the EU as this means free trade for 98% of goods, including cars and wine - Bad for U.K.which is a services economy. 

2. eea (norway) - accepts free movement and is part of Schengen. 

3. No deal. 

1- its canada+ so not the same.......

2-eea- doesn't have to have free movement or schengen.....

3- no deal best option.......

Quote

Next has further raised its annual profit expectations on better-than-expected summer sales and declared that a "no deal" Brexit would not pose a "material threat" to its business.

:lol:

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13 hours ago, quilp said:

I read about the IEA earlier this year when they were taken in by a "sting" operation.

High time that bunch of grubby little lobbyists lost their charitable status:

"More than 4,000 miles from Westminster, this is the stomping ground of Tucker Link, an influential US business figure who appears to have taken a keen interest in the UK’s departure from the EU.

Link has global interests in chemicals, technology and property. Until recently he owned a picturesque 4,450-hectare (11,000-acre) ranch in the Ouachita Mountains with a more than 1,000-head herd of Angus cattle and state-of-the-art laboratories to assist reproduction.

 It is one of the 55,000 cattle farms in a state that is one of the biggest beef producers in the US.

Much US beef is banned in Britain under EU prohibitions against growth hormones. That could change after Brexit if ministers sign a free trade deal with the US.

Undercover investigations have now shown how Link and other agriculture and energy investors are working with a leading thinktank in Westminster to promote their cause.

According to several hours of undercover footage shot by the team the Institute of Economic Affairs (IEA) has been seeking donations from US agribusiness and has not been shy about touting what it says it can offer in return.

The thinktank boasted it had regular access, as often as every three or four days, to ministers. It mentioned the environment secretary, Michael Gove, and the trade secretary, Liam Fox, two people who could make a big difference to the meat eaten in post-Brexit Britain.

Dominic Raab, the new Brexit secretary, is also one of the IEA’s most vocal supporters, crediting its founders with inspiring deregulations, union reforms and business tax cuts that “saved Britain”.

But at face value, all the soliciting and schmoozing by the IEA may seem at odds with its status as a registered educational charity, which should be apolitical.

The thinktank is dismissive of this. It says there is nothing untoward about seeking money in this way, or offering such introductions."

Yeah. Right.....

The more we get into the truth of what brexit actually involves the more the brexiteers' Unicorn comes across as a tired whitewashed old donkey with a dildo on it's head....

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2 hours ago, woody2 said:

before the uk joined the eu it was $2.50=£1......

the liars said it would return to its 60's heyday of $3=£1.....

look what happened.......

In the 1960s Sterling was still held as a reserve currency and took a lot of pressure off the US Dollar. Britain's gold and Dollar reserves were in the news every day as the markets went up and down on this situation.

As Britain withdrew from the Imperial and Post Imperial role the emerging nations and former colonies began to dump Sterling. They were no longer obliged to hold reserves in London. So the Pound fell and part of this was the massive borrowing Britain did to manage this decline and also to fund "Brush fire wars" such as in Malaysia where the UK commanded 50,000 troops for some years in a confrontation with Indonesia.

The US Dollar also took a hit due to Britain dropping out of the reserve currency role and the cost of the Vietnam War.

The big problem for Sterling came in the mid 1970s when Nigeria suddenly dumped its Sterling reserves. It was embarrassing. I was on a Danish ferry from Harwich to Esbjerg and went to get some Danish Kroner only to be told that Sterling was no longer an acceptable currency. One year later I had the same problem in Barbados of all places (Little England).

Sterling's natural value is probably quite low like where it is now. It was up to $2.40 after Thatcher abolished exchange controls but interest rates were 15% and that attracted massive deposits in London but at the same time meant British industry could not compete. That is why so many factories closed.

The world only needs Sterling when it wants to buy what you have to sell/earn an interest rate on savings and bonds in London. This has been a balancing act for as long as I can remember. 

Brexit gives the impression that Sterling will not be so much in demand for trade and returns because trade with EU may not be so easy and so they buy less of it and the price falls. It is the uncertainty. You can boost Sterling via borrowing and interest rates but those are very low now.

It is all about perception and confidence and at $3 to the £ I doubt the UK could sell anything but as in part of the 1980s you can have a whale of a holiday in the USA and many did at $2.40 to the £ such that Americans go the impression that the Brits were very rich!

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