Brexit - It's Still On!

**Dragonfly** · 15-10-2017, 03:16 PM

all those discussions about factory relocations are a bit pointless

as long as EU government agencies are ALL relocated, who cares where car manufacturers will produce their next series of shit cars (BMW and Mini are shit, great for low end people who think they have succeeded, such as chavs in the SEO business)

**harrybarracuda** · 15-10-2017, 03:36 PM

Originally Posted by Seekingasylum

I rather think 2000 folk might disagree but then, you are probably too stupid to comprehend actions, consequences and the decisions that foster them.

Translation: You don't have a fucking clue really.

**Dragonfly** · 15-10-2017, 05:23 PM

Harry, I take it you are a BMW driver ? would fit your profile, low end IT worker who strike it big among the blinds in the Abhu Dabi desert

**Begbie** · 16-10-2017, 10:17 AM

From today’s Telegraph. Expect a drop in the value of the pound once this sinks in.

Brexit - It's Still On!-cf1d6107-24b7-4a25-9959-d457dc4ffa5a-jpeg

**cyrille** · 16-10-2017, 10:21 AM

cue buriramboy with 'none of my friends have noticed this!'

**Dragonfly** · 16-10-2017, 12:53 PM

more good news, May getting desperate and ready to get on her knees

Theresa May to dine with EU chiefs amid Brexit 'deadlock' - BBC News

Theresa May is to travel to Brussels later for a dinner with EU leaders in a bid to end a stalemate over Brexit.
The meeting, with chief negotiator Michel Barnier and Commission chief Jean-Claude Juncker, comes days after the pair said talks were in "deadlock".

Brexit Secretary David Davis will join Mrs May for the meeting, ahead of this week's summit of EU leaders.
On Sunday, the PM phoned German chancellor Angela Merkel in a further attempt to break the impasse.

**buriramboy** · 16-10-2017, 01:26 PM

Originally Posted by cyrille

cue buriramboy with 'none of my friends have noticed this!'

Ah it's simple Sybil the Brummie council estate pleb chiming in again with his customary pointless comment.

**buriramboy** · 16-10-2017, 01:29 PM

Originally Posted by Dragonfly

more good news, May getting desperate and ready to get on her knees

Theresa May to dine with EU chiefs amid Brexit 'deadlock' - BBC News

Theresa May is to travel to Brussels later for a dinner with EU leaders in a bid to end a stalemate over Brexit.
The meeting, with chief negotiator Michel Barnier and Commission chief Jean-Claude Juncker, comes days after the pair said talks were in "deadlock".

Brexit Secretary David Davis will join Mrs May for the meeting, ahead of this week's summit of EU leaders.
On Sunday, the PM phoned German chancellor Angela Merkel in a further attempt to break the impasse.

May is a silly remainer who shouldn't be PM, needs to resign immediately.

**Dragonfly** · 16-10-2017, 01:37 PM

sure, but who is going to replace her ? she is surrounded by incompetent nutters, so she seems like the only credible choice

**jabir** · 16-10-2017, 01:38 PM

Originally Posted by Dragonfly

more good news, May getting desperate and ready to get on her knees

Theresa May to dine with EU chiefs amid Brexit 'deadlock' - BBC News

Theresa May is to travel to Brussels later for a dinner with EU leaders in a bid to end a stalemate over Brexit.
The meeting, with chief negotiator Michel Barnier and Commission chief Jean-Claude Juncker, comes days after the pair said talks were in "deadlock".

Brexit Secretary David Davis will join Mrs May for the meeting, ahead of this week's summit of EU leaders.
On Sunday, the PM phoned German chancellor Angela Merkel in a further attempt to break the impasse.

She should bypass the riff raff and deal direct with Merkel.

**jabir** · 16-10-2017, 01:46 PM

Buriram: May is a silly remainer who shouldn't be PM, needs to resign immediately.

Originally Posted by Dragonfly

sure, but who is going to replace her ? she is surrounded by incompetent nutters, so she seems like the only credible choice

Both right, but the longer she stays the more chance Corbyn has at the top job; then we'll see incompetents and nutters in their element.

Won't be fun either way, not looking back.

**Troy** · 17-10-2017, 12:23 AM

Originally Posted by Dragonfly

more good news, May getting desperate and ready to get on her knees

Guess it's going to be an expensive dinner tonight or those (much needed) trade talks aren't going to happen. Will she throw £35bn into the kitty to get those talks going or will she throw it away trying to make a go of a Hard Brexit?

Originally Posted by buriramboy

May is a silly remainer who shouldn't be PM, needs to resign immediately.

The very thought of Boris or (worse) Gove being PM, and a Hard Brexit will send the Pound down to values that even thegent couldn't imagine. The only reason this hasn't happened yet is because May's ineffectual leadership has kept remaining in the EU alive.

More jobs lost and more to be announced before the year's end.

PM May needs to play a little dirty and chuck in the Airbus scandal trump-card she has over the Germans. Play it wisely and she could have them and the French feeding out of her hand tonight. Its got to be worth £10bn and 50% more jobs in the UK...at least.

**Seekingasylum** · 17-10-2017, 01:22 AM

Sometimes one truly weeps at the degree the British still remain so deluded about their relative insignificance. Which bit of the entire annual EU budget of around 160 billion Euros constitutes about 1% of its combined wealth do you folk not comprehend. Christ, accounting errors alone suggest the British have had around £500 billions taken from the investment balance sheets but in terms of scale that in itself is not significant when the overall amounts are in the trillions.
The worrying aspect of Brexit is the loss of £100 billions annually by British businesses when we quit the single market sans any agreements and stagflation becomes the main economic factor for the millions of ordinary folk coping currently with ever increasing debt, low wages and a contracting economy.
The amount of borrowing, not reflected in any perceived increase in domestic expenditure through personal consumerism, is really quite staggering, more now than during the boom before the crash. Credit analysis suggests millions are using debt to finance subsistence and so any increase in interest rates, looking more certain by the month, is going to ramp up the pressure.
The entire Brexit imbroglio is shaping up to be a perfect storm of utter economic mayhem, political chaos and increasing misery for several millions.

**Dragonfly** · 17-10-2017, 01:51 AM

Stagflation will happen, that's mechanical

Aggregate Supply curve will shift left, followed by a decrease in Potential GDP, and the CPI goes automatically up

UK Fucked, 1970s style

**buriramboy** · 17-10-2017, 02:06 AM

Cool when will I be able to snap up a couple of cheap properties? Property prices still going up with all this predicted doom and gloom one would have thought they'd crash...

**Dragonfly** · 17-10-2017, 02:26 AM

Originally Posted by buriramboy

Cool when will I be able to snap up a couple of cheap properties? Property prices still going up with all this predicted doom and gloom one would have thought they'd crash...

well it all depends on the level of interest rates,

they could shoot back to 10% if inflation is back to 8%, that would put mortgage rates back to 18%

prices would crash but nobody could afford them anyhow at that high interest rates,

basically the high equity price of today will be discounted by future high interest rates, and that means that the banks are getting all your equity profits while you work yourself to death to make the payments

**Seekingasylum** · 17-10-2017, 02:34 PM

Looks like Maybot and Davis never got past the canapés. Dead in the water and drifting onto the rocks. They STILL don't get it - if Britain wants some of the benefits under its old membership status then they have to pay their debts, accept free movement and concede primacy of the ECJ on any EU matter. If it declines to cooperate then it can fuck off and join the rest of the world as a trading country subject to negotiation on tariffs etc to be agreed during a FTA process. Why is it the right wing Tory Kipper nutters can't see this?

**Dragonfly** · 17-10-2017, 03:01 PM

indeed, looks like the diner was a big disappointment

the statement was just the usual UK plenitude of doing more to work together blah blah

**Dragonfly** · 17-10-2017, 03:03 PM

in the meantime they expect to see 15,000 jobs go, starting early 2018 as companies jumping the shark and starting their "exit" plan

that could further impact 20,000 related jobs, according to estimates

we will find out soon enough, not long now. It's going be fucking Christmas for the EU

**Seekingasylum** · 17-10-2017, 03:20 PM

Can I assume that you are now no longer in an English speaking environment, Butterfly? Your language skills and grasp of the vernacular previously smelted in the crucible of your occasionally tempestuous friendships with Messrs. Scampy, Blake 7 and the Moog seem to be deserting you.

In returning to the theme of Brexit fuckwittery, it is ironic to note that in common with the rest of the world, the EU is now experiencing significant signs of a resurgent economy and the global economic outlook seems to be one of optimism. It's a pity the stupid Brits have chosen this particular time to shoot themselves in both feet and up the arse.

Dumbest mofos on the planet.

**cyrille** · 17-10-2017, 04:20 PM

Originally Posted by Seekingasylum

Looks like Maybot and Davis never got past the canapés. Dead in the water and drifting onto the rocks. They STILL don't get it - if Britain wants some of the benefits under its old membership status then they have to pay their debts, accept free movement and concede primacy of the ECJ on any EU matter. If it declines to cooperate then it can fuck off and join the rest of the world as a trading country subject to negotiation on tariffs etc to be agreed during a FTA process. Why is it the right wing Tory Kipper nutters can't see this?

Incredibly, the stance is still basically bozza's 'Having our cake and eating it' position.

**harrybarracuda** · 17-10-2017, 04:39 PM

Originally Posted by Begbie

From today’s Telegraph. Expect a drop in the value of the pound once this sinks in.

I assume you don't make a lot of money trading currencies eh?

https://www.bloomberg.com/quote/GBPUSD:CUR

**taxexile** · 17-10-2017, 04:42 PM

bozza

are you a child?

**Dragonfly** · 17-10-2017, 07:02 PM

Originally Posted by Seekingasylum

Can I assume that you are now no longer in an English speaking environment, Butterfly? Your language skills and grasp of the vernacular previously smelted in the crucible of your occasionally tempestuous friendships with Messrs. Scampy, Blake 7 and the Moog seem to be deserting you.

no, too early in the morning for me to care and correct myself as I write on the top of my head

and it makes Harry hard, so double bonus

speaking Chavs in Bangkok hardly improved my English skills, actually it got me into silly British slang

Speaking proper English now with American clients

**Norton** · 17-10-2017, 07:02 PM

Reverse Brexit with second referendum to save your economy, OECD tells UK

"Economic experts have made an explosive suggestion of a further referendum to reverse Brexit, to avoid the crippling of the British economy.

The influential Organisation for Economic Co-operation and Development (OECD) said the deadlock in the exit talks now threatened a “disorderly Brexit”, with severe consequences.

Its report controversially puts the case for a dramatic rethink on the agenda – suggesting halting EU withdrawal is a route to avoiding that fate.

“In case Brexit gets reversed by political decision (change of majority, new referendum, etc), the positive impact on growth would be significant,” the report said.

The suggestion is certain to infuriate Brexiteers, but will bolster campaigners calling for the British public to be given a second vote, when the “facts of Brexit” are known.

The report was immediately seized on by one pro-EU group as the “final nail in the coffin for the already long-buried notion that Brexit will benefit our economy”.

The OECD analysis suggests a “no-deal” Brexit would wipe up to a staggering £40bn off UK economic growth by 2019.

The UK economy will grow 1.5 per cent slower in 2019 if the country crashes out of the EU without a trade deal or a transition deal with the bloc in March 2019, it said.

Crucially, it makes the assumption that trade talks will break down - triggering a hard Brexit and slapping tariffs on imports and exports between the EU and UK.

Wes Streeting, a Labour MP and supporter of the Open Britain group, said: “Today’s OECD analysis should be the final nail in the coffin for the already long-buried notion that Brexit will benefit our economy.

“A hard Brexit or walking away without a deal would wreak even more punishment on the UK economy.

“The Government can avoid this if they drop their ideological and self-imposed red lines and start negotiating for continued membership of both the single market and the customs union.”

The OECD admitted that Brexit negotiations were difficult to forecast, and could "prove more favourable" than assumed in its report - boosting trade, investment and growth.

But it warned the very real threat of no deal would spark a sharp reaction by financial markets, sending the exchange rate to new lows and leading to a downgrade in the UK's sovereign rating.

"Business investment would seize up, and heightened price pressures would choke off private consumption,” the report said.

“The current account deficit could be harder to finance, although its size would likely be reduced.

There are also risks that Scotland and Northern Ireland could vote to stay in the EU, in a second referendum, which would have a “major” impact on the national economy.

Reverse Brexit with second referendum to save your economy, OECD tells UK | The Independent

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