BREXIT - Is This Really Still Rumbling On? 😴

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Comments

  • finchy
    finchy Posts: 6,686
    PBlakeney wrote:
    PBlakeney wrote:
    Bo Duke wrote:
    France have already played the card of not allowing London to do Euroclearing which is what, a €1tn a year business.
    The EU is blazing all cannons at the moment to discourage any other nation from thinking they can go the same route. At the same time France needs to remember what goes around, comes around.... :shock:
    It is in times of trouble that you find out who your real friends are. New Zealand are trying.
    And??? Is that it? Remember this when the begging bowl comes our way.

    Not seen the news - what are NZ doing?

    What is anybody else not doing?
    http://www.telegraph.co.uk/business/201 ... st-brexit/
    Everyone else is saying if you are going, get out, and go to the end of the queue for negotiations.

    That up-beat story is rather depressing. We have so few trade negotiators (40) that NZ (population 4.4 million) is offering to lend us some.

    Can somebody explain to me why we should go to the front of the queue. For instance Canada/EU deal is nearly complete -why would they both stop and start from scratch with us? Same with the USA they must have numerous deals ranging from just starting to 90% complete - surely we have to start at the end of the line. We might be able to construct an argument for why we should be fast tracked.

    Because we're Britain! We're the bestest country in the whole wide world, they need us more than we need them, the EU is about to collapse, we just need to stand firm, the whole organisation will be as dead as a dodo in 5 years, you mark my words, those experts will have egg on their faces, the future is bright, we're going to be the wealthiest country in the world within 12 months now we're freed from the shackles of the EU, we're going to stick it to them, the £ is back up to €1.21 and $1.34, the FTSE has rebounded, we're going to start trading with Africa.

    Etc.
  • surrey_commuter
    surrey_commuter Posts: 18,867
    finchy wrote:
    PBlakeney wrote:
    PBlakeney wrote:
    Bo Duke wrote:
    France have already played the card of not allowing London to do Euroclearing which is what, a €1tn a year business.
    The EU is blazing all cannons at the moment to discourage any other nation from thinking they can go the same route. At the same time France needs to remember what goes around, comes around.... :shock:
    It is in times of trouble that you find out who your real friends are. New Zealand are trying.
    And??? Is that it? Remember this when the begging bowl comes our way.

    Not seen the news - what are NZ doing?

    What is anybody else not doing?
    http://www.telegraph.co.uk/business/201 ... st-brexit/
    Everyone else is saying if you are going, get out, and go to the end of the queue for negotiations.

    That up-beat story is rather depressing. We have so few trade negotiators (40) that NZ (population 4.4 million) is offering to lend us some.

    Can somebody explain to me why we should go to the front of the queue. For instance Canada/EU deal is nearly complete -why would they both stop and start from scratch with us? Same with the USA they must have numerous deals ranging from just starting to 90% complete - surely we have to start at the end of the line. We might be able to construct an argument for why we should be fast tracked.

    Because we're Britain! We're the bestest country in the whole wide world, they need us more than we need them, the EU is about to collapse, we just need to stand firm, the whole organisation will be as dead as a dodo in 5 years, you mark my words, those experts will have egg on their faces, the future is bright, we're going to be the wealthiest country in the world within 12 months now we're freed from the shackles of the EU, we're going to stick it to them, the £ is back up to €1.21 and $1.34, the FTSE has rebounded, we're going to start trading with Africa.

    Etc.

    Oh thank God for that - I realise that I have been a negative nancy and that everything is fine
  • finchy
    finchy Posts: 6,686
    finchy wrote:
    PBlakeney wrote:
    PBlakeney wrote:
    Bo Duke wrote:
    France have already played the card of not allowing London to do Euroclearing which is what, a €1tn a year business.
    The EU is blazing all cannons at the moment to discourage any other nation from thinking they can go the same route. At the same time France needs to remember what goes around, comes around.... :shock:
    It is in times of trouble that you find out who your real friends are. New Zealand are trying.
    And??? Is that it? Remember this when the begging bowl comes our way.

    Not seen the news - what are NZ doing?

    What is anybody else not doing?
    <span class="skimlinks-unlinked">http://www.telegraph.co.uk/business/2016/06/29/new-zealand-offers-uk-its-top-trade-negotiators-for-post-brexit</span>/
    Everyone else is saying if you are going, get out, and go to the end of the queue for negotiations.

    That up-beat story is rather depressing. We have so few trade negotiators (40) that NZ (population 4.4 million) is offering to lend us some.

    Can somebody explain to me why we should go to the front of the queue. For instance Canada/EU deal is nearly complete -why would they both stop and start from scratch with us? Same with the USA they must have numerous deals ranging from just starting to 90% complete - surely we have to start at the end of the line. We might be able to construct an argument for why we should be fast tracked.

    Because we're Britain! We're the bestest country in the whole wide world, they need us more than we need them, the EU is about to collapse, we just need to stand firm, the whole organisation will be as dead as a dodo in 5 years, you mark my words, those experts will have egg on their faces, the future is bright, we're going to be the wealthiest country in the world within 12 months now we're freed from the shackles of the EU, we're going to stick it to them, the £ is back up to €1.21 and $1.34, the FTSE has rebounded, we're going to start trading with Africa.

    Etc.

    Oh thank God for that - I realise that I have been a negative nancy and that everything is fine

    That's the spirit, SC.
  • surrey_commuter
    surrey_commuter Posts: 18,867
  • joelsim
    joelsim Posts: 7,552
    We're still a few short on the Trade Negotiators front.

    http://www.huffingtonpost.co.uk/entry/m ... 57114a18b2

    [facepalm]
  • TheBigBean
    TheBigBean Posts: 21,916
    Garry H wrote:
    France have already played the card of not allowing London to do Euroclearing which is what, a €1tn a year business.

    I would be extremely surprised if that happened. There are very good reasons why it's done in London.

    Presumably the French & germans want a piece of the action, non?

    They'd need to come up with an ingenious form of protectionism that allows the US to continue to clear Euros, but not the UK, or alternatively accept that Euros are something that have only one time zone. The latter is unlikely to be viewed positively which of course in the endless game of noses and faces doesn't mean it won't happen.

    A bit from the FT https://next.ft.com/content/e7b6a752-3dec-11e6-8716-a4a71e8140b0

    I really think people miss just how much of an export English law is.
    Clearing houses manage credit risk in the event one party in a swap deal defaults. London has become a world leader for the clearing of all types of currency-denominated derivatives, thanks largely to the widespread acceptance of English law.

    In the clearing world the euro is one currency among many, including the US dollar, Japanese yen and the Polish zloty. Yen, euro and sterling trades are cleared in the US. Deutsche Börse’s Eurex handles futures contracts for UK gilts and sterling.

    Governments all around the world are quite comfortable with the idea of having currency-denominated instruments traded and cleared outside their borders — and with many investors using highly regulated London clearing houses.
  • TheBigBean
    TheBigBean Posts: 21,916
    Joelsim wrote:
    We're still a few short on the Trade Negotiators front.

    http://www.huffingtonpost.co.uk/entry/m ... 57114a18b2

    [facepalm]

    Lawyer says that more lawyers are needed. Although in this unique circumstance, she is probably write. It would be nice if there were some pro bono ones, but essentially the problem can be solved with spondoolies. Probably lots of them.
  • Garry H
    Garry H Posts: 6,639
    Garry H wrote:
    France have already played the card of not allowing London to do Euroclearing which is what, a €1tn a year business.

    I would be extremely surprised if that happened. There are very good reasons why it's done in London.

    Presumably the French & germans want a piece of the action, non?

    Ja! Das ist richtig! Yanks, for one, wouldn't go for it anyway.
  • bendertherobot
    bendertherobot Posts: 11,684
    Massive lol. Boris the promiser is out.
    My blog: http://www.roubaixcycling.cc (kit reviews and other musings)
    https://twitter.com/roubaixcc
    Facebook? No. Just say no.
  • surrey_commuter
    surrey_commuter Posts: 18,867
    TheBigBean wrote:
    Joelsim wrote:
    We're still a few short on the Trade Negotiators front.

    http://www.huffingtonpost.co.uk/entry/m ... 57114a18b2

    [facepalm]

    Lawyer says that more lawyers are needed. Although in this unique circumstance, she is probably write. It would be nice if there were some pro bono ones, but essentially the problem can be solved with spondoolies. Probably lots of them.

    I wonder how many trade negotiators there are in the world. If we hired too many of them would we just be compoundng the problem?
  • DeVlaeminck
    DeVlaeminck Posts: 9,104
    Gove to be our next PM then by the looks of it.
    [Castle Donington Ladies FC - going up in '22]
  • ddraver
    ddraver Posts: 26,697
    Bwah ha ha ha ha ha ha ha haaaaaaa!!

    I mean it's not actually very funny at all is it but...

    f**knuckle
    We're in danger of confusing passion with incompetence
    - @ddraver
  • Garry H
    Garry H Posts: 6,639
    Massive lol. Boris the promiser is out.

    We're doomed, doomed I tells you!

    Nevermind, he'll be back to what he does best, being on HIGNFY.
  • Garry H
    Garry H Posts: 6,639
    TheBigBean wrote:
    Joelsim wrote:
    We're still a few short on the Trade Negotiators front.

    http://www.huffingtonpost.co.uk/entry/m ... 57114a18b2

    [facepalm]

    Lawyer says that more lawyers are needed. Although in this unique circumstance, she is probably write. It would be nice if there were some pro bono ones, but essentially the problem can be solved with spondoolies. Probably lots of them.

    I wonder how many trade negotiators there are in the world. If we hired too many of them would we just be compoundng the problem?

    Hire them all, including the ones negotiating on behalf of the 27. The cunningest of ploys>
  • Lookyhere
    Lookyhere Posts: 987
    Gove to be our next PM then by the looks of it.

    yep a back stabber and con artist, should fit straight into the modern Tory party, looks like his wife might have had a say in this lol!

    Scary as he is the one candidate who would trigger Article 50, so has an excellent chance of winning.
  • mrfpb
    mrfpb Posts: 4,569
    I think every candidate has said they will trigger A50, though May said not before Christmas.
  • surrey_commuter
    surrey_commuter Posts: 18,867
    mrfpb wrote:
    I think every candidate has said they will trigger A50, though May said not before Christmas.

    to misquote - when you hear a politician speaking you should not ask yourself, is this bastard lying, but who is this bastard lying to?

    on this occasion the bastards are lying to the Tory party membership who are by definition a bunch of elderley, right wing, bigoted, xenophobes. Expect more lies about bringing back the death penalty, curing homosexuality and other major issues put to bed in the 1950s
  • pblakeney
    pblakeney Posts: 27,329
    Garry H wrote:
    Massive lol. Boris the promiser is out.

    We're doomed, doomed I tells you!

    Nevermind, he'll be back to what he does best, being on HIGNFY.
    When suddenly faced with the prospect of having to do some work...
    With a HUGE responsibilty... The arse obviously thought Brexit would never actually happen.
    The above may be fact, or fiction, I may be serious, I may be jesting.
    I am not sure. You have no chance.
    Veronese68 wrote:
    PB is the most sensible person on here.
  • Stevo_666
    Stevo_666 Posts: 61,413
    Bo Duke wrote:
    France have already played the card of not allowing London to do Euroclearing which is what, a €1tn a year business.
    The EU is blazing all cannons at the moment to discourage any other nation from thinking they can go the same route. At the same time France needs to remember what goes around, comes around.... :shock:
    I suggest the best way to deal with this is with the only response that the French will understand - go on strike. Don't clear the French amounts for a bit, to be resumed when they promise not to try this on :)
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • surrey_commuter
    surrey_commuter Posts: 18,867
    PBlakeney wrote:
    Garry H wrote:
    Massive lol. Boris the promiser is out.

    We're doomed, doomed I tells you!

    Nevermind, he'll be back to what he does best, being on HIGNFY.
    When suddenly faced with the prospect of having to do some work...
    With a HUGE responsibilty... The ars* obviously thought Brexit would never actually happen.

    stitched up - he is not well liked amongst MPs. His support base is in the membership who love his rhetoric when he tells them what they want to hear at Conference each year.
  • prhymeate
    prhymeate Posts: 795
    QNNzDr3.jpg

    Couldn't help but laugh at the news ticker on the Guardian site, that didn't last long.
    It feels like someone has been trolling England all week and that I'm going to wake up to realise it's all a bad dream.
  • joelsim
    joelsim Posts: 7,552
    mrfpb wrote:
    I think every candidate has said they will trigger A50, though May said not before Christmas.

    to misquote - when you hear a politician speaking you should not ask yourself, is this bastard lying, but who is this bastard lying to?

    on this occasion the bastards are lying to the Tory party membership who are by definition a bunch of elderley, right wing, bigoted, xenophobes. Expect more lies about bringing back the death penalty, curing homosexuality and other major issues put to bed in the 1950s

    Exactly. They are being politicians. Someone saying they won't trigger A50 now would cause an outrage.

    Slowly does it. Rather like membership of the Euro.
  • ugo.santalucia
    ugo.santalucia Posts: 28,312
    A link between Brexit and mad cow disease, suggests the indipendent?

    26809-1ype23y.jpg
    left the forum March 2023
  • kingstongraham
    kingstongraham Posts: 28,152
    A link between Brexit and mad cow disease, suggests the indipendent?

    26809-1ype23y.jpg

    Hmm, it's almost as if the one on the right is a black and white version of the one on the left.

    Doesn't fool me - I remember we had colour even in the 90s.
  • finchy
    finchy Posts: 6,686
    It won't be Gove. Even the Tory party membership will work out what a massive electoral liability he is. Probably.
  • surrey_commuter
    surrey_commuter Posts: 18,867
    finchy wrote:
    It won't be Gove. Even the Tory party membership will work out what a massive electoral liability he is. Probably.

    he must have been bribed, with a very good job, to fuck Boris
  • orraloon
    orraloon Posts: 13,227
    A link between Brexit and mad cow disease, suggests the indipendent?

    26809-1ype23y.jpg

    Hmm, it's almost as if the one on the right is a black and white version of the one on the left.

    Doesn't fool me - I remember we had colour even in the 90s.
    Is a spoof.

    Mind you, now is on t'internet so will live and live...
  • kingstongraham
    kingstongraham Posts: 28,152
    finchy wrote:
    It won't be Gove. Even the Tory party membership will work out what a massive electoral liability he is. Probably.

    I'm not so sure.

    To be honest, I think he might be quite good at the hard nosed, not caring what anyone thinks of him that it'll take to negotiate the exit.

    My biggest concern is that he might listen to anything his wife says.
  • bendertherobot
    bendertherobot Posts: 11,684
    finchy wrote:
    It won't be Gove. Even the Tory party membership will work out what a massive electoral liability he is. Probably.

    I'm not so sure.

    To be honest, I think he might be quite good at the hard nosed, not caring what anyone thinks of him that it'll take to negotiate the exit.

    My biggest concern is that he might listen to anything his wife says.

    Or Murdoch and Dacre ;)
    My blog: http://www.roubaixcycling.cc (kit reviews and other musings)
    https://twitter.com/roubaixcc
    Facebook? No. Just say no.
  • kingstongraham
    kingstongraham Posts: 28,152
    finchy wrote:
    It won't be Gove. Even the Tory party membership will work out what a massive electoral liability he is. Probably.

    I'm not so sure.

    To be honest, I think he might be quite good at the hard nosed, not caring what anyone thinks of him that it'll take to negotiate the exit.

    My biggest concern is that he might listen to anything his wife says.

    Or Murdoch and Dacre ;)

    His and her ex-employer and her current employer - I can't see that being a problem.

    I remember reading her column in the Times before she thankfully went to her spiritual home. She was relentlessly wrong about everything, always. And always in the most annoying way possible. He didn't leave quite such an impression.