The Brexit referendum thread: potential consequences for GB, EU and the Brits in CH

[marton]

	Quote:	Loz1983
	Well as I'm sure you know, it's very hard to prove these things unequivocally as there's so many other factors involved. There's books that have been written on the subject which you can go and read. Either you can think the Euro has had a huge influence on eurozone economies or it hasn't. (It has) You're wrong about monetary policy, being able to set interest rates is an important part of running an economy. This is the fundamental problem of the eurozone, how to set the right interest rate for a currency in use by 19 separate economies? And even if you don't think monetary policy is an important tool, Fiscal policy also is limited by countries that are a member of the euro as Italy are currently learning through the EU rejection of their budget.

" it's very hard to prove these things unequivocally" But nevertheless you quote them as facts

[Jim2007]

	Quote:	Loz1983
	This is the fundamental problem of the eurozone, how to set the right interest rate for a currency in use by 19 separate economies?.

So the US in is totally screwed then, if they only had your wisdom they would stop being so silly as to try and set monetary policy for the US since clearly the economy of Alabama is totally different from that of California...

Repeat other people’s crap does not make it true! Monetary policy is just one of a range of tools available to a government to manage the economy.

[greenmount]

OK, so everyone will be happy from now, EU migration will slow own. I suppose the British will welcome with open arms the next waves of immigrants from Commonwealth. What is really funny is that even Commonwealth companies have entered the EU market through UK, and now they'll see this opportunity cut off.
https://www.bbc.com/news/uk-45565124

	Quote:	Jim2007
	So the US in is totally screwed then, if they only had your wisdom they would stop being so silly as to try and set monetary policy for the US since clearly the economy of Alabama is totally different from that of California... Repeat other people’s crap does not make it true! Monetary policy is just one of a range of tools available to a government to manage the economy.

I covered that several pages ago, do keep up.

	Quote:	Loz1983
	Then you move onto the real problem with the Euro, which is how to set monetary policy with a one size fits all philosophy when you have so many different economies to consider? You can't, which is why it'll either eventually fail, or several countries will fail in order to keep the Euro going. Just because people like it, which remarkably still holds true, it doesn't mean it's a good thing. If anything will end the EU, the Euro will likely be it. The flip side is that in order to make the Euro work, more Europe is needed (banking union, adjustment mechanism between countries, common tax). Which is why Margarete Thatcher was right when she said the Euro was just a back door way of creating a federal Europe.

	Quote:	greenmount
	OK, so everyone will be happy from now, EU migration will slow own. I suppose the British will welcome with open arms the next waves of immigrants from Commonwealth. What is really funny is that even Commonwealth companies have entered the EU market through UK, and now they'll see this opportunity cut off. https://www.bbc.com/news/uk-45565124

Well she has managed to unite the country- as no-one is happy and all hate the deal. Some achievement.

I wonder if Brexiters voted for less EU migration and more from the rest of the world. As for the jungle in Calais, they have started to cross- the rest is just waiting a bit longer- when the French will stop stopping them ...

[Jim2007]

	Quote:	Loz1983
	I covered that several pages ago, do keep up.

No, you did not, but then again I would not expect you to.

[amogles]

	Quote:	Jim2007
	So the US in is totally screwed then, if they only had your wisdom they would stop being so silly as to try and set monetary policy for the US since clearly the economy of Alabama is totally different from that of California... Repeat other people’s crap does not make it true! Monetary policy is just one of a range of tools available to a government to manage the economy.

It is indeed part of the problem that Alabama has that they are competing for jobs and investment with the likes of California on terms that are not in their favour.

[marton]

Donald Trump has delivered a weighty blow to Theresa May’s hopes of steering her Brexit deal through parliament, saying it sounded like a “great deal for the EU” that would stop the UK trading with the US.

Source

I doubt UK MPs will be swayed by Trump?

The tide is definitely turning:

https://inews.co.uk/news/politics/ch...NVsBw-WAYrZk80

Big question now is about Labour and Corbyn- what will he do next, by the 11th December?

[Jim2007]

	Quote:	marton
	Donald Trump has delivered a weighty blow to Theresa May’s hopes of steering her Brexit deal through parliament, saying it sounded like a “great deal for the EU” that would stop the UK trading with the US. Source I doubt UK MPs will be swayed by Trump?

Of course it is a terrible deal for the US. And the duck ignores the fact that they will not be trading with the UK, but the customs union which is a lot bigger and harder to push around. And of course WTO rules means he has to treat the UK the same as other countries in any case.

[Medea Fleecestealer]

	Quote:
	The tide is definitely turning: https://inews.co.uk/news/politics/ch...NVsBw-WAYrZk80 Big question now is about Labour and Corbyn- what will he do next, by the 11th December?

Polls. Why even bother to look at them. Didn't they say the same thing before we voted to leave?

Everyone still harping on about renegotiating the deal - sorry folks, but IT AIN'T HAPPENING! EU has made that clear. Take it or we leave without it. Simples.

Agreed- there will me no 'cake and eat it' deal- and all but a few extremists are doing everything to stop no deal. Corbyn is a total idiot to keep selling a unicorn better deal to his membership. Very dangerous and silly game.

So what will it be- this bad deal, or Remain? Anything could happen - and you all know what I wish for

[3Wishes]

	Quote:
	Agreed- there will me no 'cake and eat it' deal- and all but a few extremists are doing everything to stop no deal. Corbyn is a total idiot to keep selling a unicorn better deal to his membership. Very dangerous and silly game. So what will it be- this bad deal, or Remain? Anything could happen - and you all know what I wish for

I kinda agree with the bolded bit. I'm not a May fan but I like Corbyn even less.

[Belgianmum]

	Quote:	3Wishes
	I kinda agree with the bolded bit. I'm not a May fan but I like Corbyn even less.

It is definitely a case of the lesser of the two evils.

[Medea Fleecestealer]

	Quote:
	Agreed- there will me no 'cake and eat it' deal- and all but a few extremists are doing everything to stop no deal. Corbyn is a total idiot to keep selling a unicorn better deal to his membership. Very dangerous and silly game. So what will it be- this bad deal, or Remain? Anything could happen - and you all know what I wish for

Wrong again - it's bad deal or no deal and away we go!

	Quote:
	Agreed- there will me no 'cake and eat it' deal- and all but a few extremists are doing everything to stop no deal. Corbyn is a total idiot to keep selling a unicorn better deal to his membership. Very dangerous and silly game. So what will it be- this bad deal, or Remain? Anything could happen - and you all know what I wish for

Here's a question for you and the other Remainers. Which would you prefer: Theresa May's deal, or No Deal Brexit?

If you would flip it around and ask me as a Leaver, I would prefer to Remain than accept Theresa May's deal. Though I'd prefer No Deal to either of those options (if it needed saying ).

Neither - I want to remain- and it can still happen. Because there is every chance this deal will be voted down- and that everything will be done to prevent No Deal....

It's a rollercoaster, for sure.

	Quote:	Loz1983
	Here's a question for you and the other Remainers. Which would you prefer: Theresa May's deal, or No Deal Brexit?

Isn't that a bit like asking a vegan if they'd prefer the Beef Wellington or to starve to death, though?

If you're a Remainer, you'd have preferred for none of this nonsense to have happened in the first place.

Currently there is only one certainty - it is a bloody disastrous mess.

	Quote:
	Neither - I want to remain- and it can still happen. Because there is every chance this deal will be voted down- and that everything will be done to prevent No Deal.... It's a rollercoaster, for sure.

Could already be too late for that!

European court to rule on whether article 50 can be reversed