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  1. #21826
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    Quote Originally Posted by taxexile View Post
    (and even smaller if the irish join the euro and the jocks jump ship)
    Ireland adopted the Euro 20 years ago.
    You're so well informed about Brexit but you don't even know what countries are part of the European Union & your own union?
    Here's a hint, look at the front page of your passport.

  2. #21827
    Thailand Expat taxexile's Avatar
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    i was referring to the northern irish, who in the current political turmoil and vogue for independence might be tempted to unite with their southern brothers.

  3. #21828
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    Can't argue with any of that. Facts can't be ignored, it was and is an unmitigated disaster which should have been avoided. But then, better for the other EU states who had had enough of the special treatment the UK always demanded - fuck 'em.
    All lost now and because of a bunch of right wing bigoted Tory/UKIP demagogues and their hedge fund shills combining with Russian hackers manipulating 15 million deluded and credulous English fuckwits.
    nothing more than blinkered extremist trolling. hateful twitter cut and paste nonsense




    fact is, the covid/putin/years of cheap loans bill needs to be paid, and surprise surprise, nobody wants to pay it!

    as i have said many times, the eu will not exist in its present state in 15 years time. putins machinations, the german penchant for cocksucking and the french love of arselicking will see to that


    Europe’s next debt crisis is only just beginning – tearing North and South apart.



    AMBROSE EVANS-PRITCHARD
    1 November 2022 • 2:00pm
    Ambrose Evans-Pritchard


    The eurozone credit crunch has begun in earnest. Lending conditions across the currency bloc are the tightest since late 2012, when the region was still crippled by the sovereign debt crisis.

    The European Central Bank’s lending survey (BLS) is a leading indicator of what is to come. Both the supply and demand for credit definitively buckled in the third quarter, even if the eurozone economy eked out a last gasp of legacy growth. Lending is deteriorating most rapidly in Italy and Spain.

    “The tightening in financing conditions corroborates our view that the euro area is headed towards a sharp recession,” said Ludovio Sapio from Barclays. Trouble is baked into the pie already, whatever happens to Vladimir Putin’s war and global gas prices.

    Banks are doing what they always do at the rumble of thunder: they are imposing tougher terms on households and small firms; they are rejecting loan applications. This is a self-fulfilling process that can spin out of control at turning points in the business cycle.

    Ignazio Visco, governor of the Bank of Italy, warned this week of a “serious credit crunch” if the ECB tightens too hard into the downturn.



    Businesses are battening down the hatches, limiting borrowing to what is strictly necessary to stay afloat. Homeowners are baulking at soaring mortgage costs. The ECB said the number of banks braced for a fall in demand for housing loans is the greatest since the depths of the global financial crisis in late 2008.

    The loan survey was carried out before the ECB raised rates by 75 basis points last week. It was also before the ECB took steps to slim down its €2.1 trillion programme of cheap loans (TLTROs) to eurozone banks, which has flattered the profits of Italian and Spanish lenders by subsidising them with a fat spread on the arbitrage trade.

    These banks will lose a key prop just as they face the hit from the global bond market crash. They were induced to accumulate government debt under quantitative easing (QE). Those banks most invested in this sovereign bank doom-loop now carry large paper losses that must be “marked to market”. This erodes their capital ratios, forcing them to curtail lending.


    The ECB faces an excruciating dilemma. Eurozone inflation jumped to 10.7pc in October and has yet to peak. The stagflation misery mix is no worse than in the UK – and no better either – but the political implications are profoundly different within the structure of the euro.

    German inflation has reached 11.4pc on the Eurostat measure, the highest since the Korean War in 1951. It is significantly higher than the brief 8pc peak during the energy crisis of the 1970s when the Bundesbank – almost alone among the Western central banks – opted early for recession to break the back of inflation.

    The founding contract of the euro was that the ECB should be as rigorous as the Bundesbank, and the euro should be as hard as the D-Mark. That contract looks like a quaint relic today. But it would be tempting fate to assume that Germany will tolerate double-digit inflation for long, or that it will allow the ECB to keep tilting policy towards the needs of Club Med debtors in the cause of euro solidarity.

    The German economic establishment thinks the country is on the cusp of a wage-price spiral. Workers from 12 big industrial companies went on strike over the weekend as a warning shot. The trade union giant IG Metall is demanding an 8pc pay raise and is threatening a very un-German winter of discontent. Public sector workers recently asked for 10.5pc.

    There is an even deeper problem of social cohesion. Inflation is toxic in Germany because of deep-rooted cultural traditions. Half of Germans rent rather than own property. They typically keep their savings in bank accounts, and have no financial assets. They have entirely missed out on the compensating wealth gains of the last decade. Gefühlte Inflation – the inflation that shoppers feel – is running at twice the official CPI rate.

    A study by the German Economic Research Institute found that the real disposable income of the poorest decile dropped 8pc from 1995 to the onset of the pandemic in 2020. The second decile had seen no rise in a quarter century. These figures will be much worse after Covid and Putin’s commodity squeeze.

    Volker Wieland, a former member of the German Council of Economic Experts, said inflation had reached the point where nothing short of sharply positive real rates will be enough to break the fever. “Inflation is going to become entrenched unless the central bank acts,” he said.

    Positive real rates are precisely what Italy cannot endure. It is why premier Giorgia Meloni lashed out at the ECB on her first day in office, denouncing rate rises on the cusp of recession as precipitous.

    She said ill-timed monetary tightening would choke credit to families and firms, and she complained that halting bond purchases creates “extra difficulties for member states with high public debt” – as indeed it has.

    The borrowing cost on Italian 10-year bonds has risen by 135 basis points to 4.28pc since August. The risk spread over German Bunds has widened to 217 basis points. It is as if the weakest member of the team must carry a double pack up the mountain.

    Mrs Meloni is now in implicit alliance with France’s Emmanuel Macron, who has also castigated unnamed monetary hawks at the ECB. His demarche is logical: France has an even bigger debt burden than Italy.

    Data from the Bank for International Settlements shows that total public and private debt (non-financial) is 351pc of GDP in France, up 70 percentage points over the last decade. The comparable figure is 276pc in Italy, and 271pc in the UK, and 199pc in Germany.


    It is not that Germany is right, or that Italy and France are right. They are all right. This conflict is what happens if you impose a single coin and a single interest rate on a disparate region that fails every key test of Robert Mundell’s optimal currency area (OCA), (before Mundell drank the Kool Aid).

    Zero rates, QE, and targeted longer-term refinancing options during the deflationary era masked the fundamental clash of interests over eurozone destiny. Double-digit inflation has shattered the truce.

    German-led hawks on the ECB’s governing council are demanding the start of quantitative tightening (QT) by January: the German government is digging in its heels over joint financing for the energy bailout, and it wants to reimpose strict limits on fiscal deficits under the Stability Pact.

    This battle will determine whether or not the eurozone crosses the line into a full debt union, either via camouflaged ECB funding or via a fiscal merger that eviscerates the budgetary sovereignty of national parliaments. Inflation and the violent repricing of global yields make it impossible to fudge the matter for much longer.

    Thomas Mayer, Deutsche Bank’s ex-chief economist and author of Europe’s Unfinished Currency, said the ECB has already gone beyond the point of no return. It has become a fiscal captive, much as the Bank of Italy was captive of the Italian treasury under the lira. “We have see the ‘liraisation’ of the euro,” he said.

    He predicts that the EMU experiment will end in much the same way as the Latin Monetary Union in the 19th century. Switzerland eventually pulled out because it lost patience with chronic debasement. The eurozone is a sturdier beast but the pressures are the same. “It can’t survive,” he said.

    The bond shock of 2022 has been a stress test for the whole world. The UK put its head above the parapet with the mini-Budget. It corrected that mistake with impressive speed and efficiency. The last few weeks have been a vindication of the British institutional system, not a display of weakness.

    The stress test for the eurozone is just as serious, if not worse. What is different is that the North-South divide within monetary union more or less guarantees that there will be no quick and clean resolution.

    There will instead be intractable disputes between creditors and debtors, and between those who detest inflation and those think it the lesser evil. A long-festering crisis will drag on until something breaks.

    the uk has its own financial problems to deal with, and we are better equipped to deal with them on our own and not hampered by eu one size fits all regs. you silly eu dinosaurs are on the verge of extinction.

    and the uk is happy to leave the bickering euros to their own fate. our pain will be shorter, and much easier to cure than yours.


    cue ... s.a. telling us all that ambrose evans pritchard is just a dumb tory shill.
    Last edited by taxexile; 02-11-2022 at 03:29 PM.

  4. #21829
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    Quote Originally Posted by taxexile View Post
    fact is
    . . . you don't know what facts are

  5. #21830
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    Quote Originally Posted by taxexile View Post
    the german penchant for cocksucking and the french love of arselicking
    Not forgetting the Italians fondness for putting their heads up each others arses.

  6. #21831
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    the Italians
    EU paid Sicilian mafia £4m in land subsidies – including for fields that didn't exist
    Court convicts 91 people of seven-year organised crime racket that swindled Brussels out of funding
    By
    James Crisp,
    EUROPE EDITOR and
    Andrea Vogt

    1 November 2022 • 10:43pm


    The European Union paid £4 million to the Sicilian mafia in agricultural subsidies, including for fields that did not exist and pastures that had been obtained by threats and extortion, a court in Sicily said on Tuesday.

    The court in Patti convicted 91 people of being involved in a seven-year organised crime racket that cheated Brussels out of “rivers of EU funding” and sentenced them to a total of 600 years in prison.

    Bought-out bureaucrats and complicit notaries in the Mediterranean island helped the Cosa Nostra bosses get access to millions in EU funds, prosecutors said before sentences ranging from two to 30 years were handed down.

    The group used 150 companies to cheat the EU out of €5 million from 2010 to 2017, including for land that only existed on paper.

    The mob’s tentacles spread so far that it took the court in Patti from late Monday night to early Tuesday morning to read all the verdicts and sentences.

    Charges ranged from extortion to fraud against the European Union. Gangsters used intimidation to take control of fields for pastures so they could apply for the EU’s Common Agricultural Policy subsidies.

    To get the EU funds, “farmers” have to attest that they have no links to organised crime. The mafia used an extensive web of figurehead owners to throw the authorities off the scent and get access to the cash from Brussels.

    That money was then funnelled through a complex system of accounts abroad and other financial instruments before winding up with the criminals, the prosecutors argued.

    Giuseppe Antoci, who helped investigators to uncover the scheme, was in the courtroom to hear the verdicts.

    The former park director narrowly escaped death in 2016 when bullets raked his car in what investigators suspect was a hit by local members of Cosa Nostra.

    He told reporters that hearing the verdicts was an emotional moment after "years of sacrifice for myself and my family."

    “We did what needed to be done, we overcame the silence and made it clear that European funds should only go to good people and not to mafia bosses," said Mr Antoci, in tears after the sentence was read out.

    EU paid Sicilian mafia PS4m in land subsidies – including for fields that didn't exist

    thankfully, the british people sensibly voted to leave that oversized, overmanaged and over regulated corrupt clusterfuck of a union.

    fuck brussels and all their gravy train riding penpushers and bureaucrats.

  7. #21832
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    ^^ Please let's not forget the Belgians.

  8. #21833
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    And their penchant for…err…top notch beer.

  9. #21834
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    Quote Originally Posted by Neverna View Post
    ^^ Please let's not forget the Belgians.
    Tin Tin and Poirot?

  10. #21835
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    A video produced by a Marxist organisation.





    It includes quite a few facts, twitch.

  11. #21836
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    Quote Originally Posted by cyrille View Post
    A video produced by a Marxist organisation.
    Almost as bad as the FT as a source . . . and the cretin started off with Brexit. Fark . . . what a bunch of no-hopers, similar to Trumpist everything-deniers

  12. #21837
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    Quote Originally Posted by cyrille View Post
    A video produced by a Marxist organisation.





    It includes quite a few facts, twitch.
    You are certainly qualified to identify any ​lies.

  13. #21838
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    Quote Originally Posted by taxexile View Post
    the german penchant for cocksucking and the french love of arselicking
    That from a country whose coat of arms consists of the cowardly lion from wizard of Oz and a unicorn
    Brexit - It's Still On!-unicorn-jpg

  14. #21839
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    The vacillating Bank of England governor, the over-promoted Andrew Bailey, has raised interest rates but in prognosticating the dubious belief inflation increases will stop next year he is in fact banking on the inherent weakness of a British economy doing the work for him. the markets are unimpressed and the £ has fallen again.

    The thing is, the economy was not sabotaged by COVID or the Ukrainian war as stupid Brexiteers might have you believe but has been fucked by a combination of Brexit and Trussonomics - the former has throttled commerce by a million SMEs now denied an unfettered market in Europe, restricted the labour supply by up to a million workers killing the services industry and reduced inward investment while simultaneously forcing corporate players to take flight, and the latter which destroyed the £ by reducing its already Brexit devalued rate by a further 15%.

    In the end, the current iteration of a Brexitory government will yet again fail to acknowledge the inescapable fact, the person of colour in the economic woodpile so to speak, Brexit has fucked the UK systemically and its failure is now used as an unconvincing economic measure by a febrile BoE governor to salve the depredations of international markets not so deluded.

    What a bloody mess. The UK economy is emerging world status and £ is back to $1.12 and 42 baht.
    Last edited by Seekingasylum; 04-11-2022 at 11:38 AM.

  15. #21840
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    Quote Originally Posted by Buckaroo Banzai View Post
    the cowardly lion from wizard of Oz
    Oi! Point of order, that is in fact:

    On the dexter a lion rampant guardant Or langued and armed Gules, royally crowned Proper.

  16. #21841
    Thailand Expat taxexile's Avatar
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    he german penchant for cocksucking and the french love of arselicking


    Quote Originally Posted by Buckaroo Banzai View Post
    That from a country whose coat of arms consists of the cowardly lion from wizard of Oz and a unicorn
    Brexit - It's Still On!-unicorn-jpg
    at the moment the germans after going behind the french's backs are slobbering over chinese cock in the hope of obtaining preferential treatment.

    so much for eu unity in the face of chinese revanchist policy and the russian invasion.

    the cracks in the eu are slowly appearing.

    the uk is better out than in. as i have always said, its a long game. the germans are not to be trusted. they will shaft anyone who threatens their immoral hunger for european domination, and in that respect they are no better than the chinese.


    He arrives in Beijing on Friday flanked by chief executives from Siemens, BASF, BMW, Merck, and the industrial combines, determined to secure a special mercantilist relationship at the expense of fellow EU members and Western allies.

    “The Chinese can see the divide in Berlin and Europe, and believe me, they will find a way to exploit it. It is absolutely fatal,” said Noah Barkin from the German Marshall Fund.

    Chancellor Scholz has pointedly excluded the head of the German confederation of industry (BDI), Siegfried Russwurm, who is a persona non grata in Beijing after calling for “an honest discussion about how we deal with autocratic trading partners.”

    “We must not shy away from confrontation when red lines are crossed,” he said.

    Mr Scholz defied warnings from the Biden White House that a visit of this character would erode western unity at a time when China is sabre-rattling over Taiwan and batting for Vladimir Putin in Ukraine, both by helping to sustain the Russian war economy and by deploying the state propaganda machine to present the conflict as NATO aggression.

    “The Chancellor does not seem to understand Germany’s dangerous vulnerability to blackmail,” said Kai Strittmatter from the Suddeutsche Zeitung.

    Mr Scholz’s dogged pursuit of such a divisive policy recalls the way that Angela Merkel pushed through the notorious EU-China investment agreement just before Joe Biden took office, knowing that the president-elect was appalled by the terms, as were Euro-MPs in Strasbourg. That deal offered the Chinese Communist Party better financial access to the EU than access secured by democratic and allied Britain. So much for the sanctity of the single market.

    What is most astonishing is the Chancellor’s treatment of France. He first blocked Emmanuel Macron’s proposals for a joint Franco-German visit to Beijing, an idea intended to prevent China playing off one EU state against another. He then sought to scupper a parallel visit to Beijing this month by Mr Macron, demanding assurances from China that Germany alone would secure the “prize”, if that is what you can call it.

    Olaf scholz emmanuel macron
    What is most astonishing is the Chancellor’s treatment of France CREDIT: Pierre Suu/Getty Images Europe
    French writer and elder statesman Jacques Attali says relations between Berlin and Paris have reached such a low ebb that a fresh war between the two countries is no longer unthinkable.

    “Nothing is more serious for the future of France than what is happening right now with Germany. If we don’t return in short order to the path of progress in European integration, each making concessions to the other, the whole construction of the last sixty years is going to collapse,” he wrote.

    This is of course the quaintly outdated view of the post-War French elites for whom Europe means the Franco-German axis – an attitude that irritates other Europeans and played its part on the long road to Brexit. One wonders if Mr Attali is aware how far Franco-German credibility has been degraded in Eastern Europe and the Nordic states by the soft-soaping of Vladimir Putin. Even so, such talk of fratricidal war is astonishing.

    Ever since the creation of the European Project in the 1950s, each German Chancellor has bowed three times before the Tricolore, a reverential rite that elegantly masks German power in Europe behind Gallic leadership. The convention has had a pro-forma feel since Reunification and more so since the eastward drift under Angela Merkel. Mr Scholz has stopped even pretending.

    His answer to Mr Macron’s push for European strategic sovereignty and joint defence is to steer much of the German procurement budget toward US suppliers, downgrading the European project for fighters and swarming drones (FCAS), as well as the new combat tank to replace the Leopard 2 and Leclerc (MGCS), and maritime patrol aircraft (MAWS). He turned to Israel’s Arrow 3 for air defence.

    Germany launched a unilateral €200bn energy bail-out without EU consultation, sweeping aside Mr Macron’s pleas for a combined EU response to avert damaging beggar-thy-neighbour policies. France is itself spending €100bn one way or another, but mostly helping households with fuel bills rather than distorting cross-border EU competition with subsidies for business.

    The dream of a “Hamiltonian” leap forward to fiscal union and permanent debt-pooling is fading. Berlin is resisting a push for joint debt issuance to cover the energy crisis, a step that would convert the €800bn one-off pandemic fund into something closer to an EU treasury.

    Berlin is justifiably wary of this scheme since France and Italy have long been scheming to put their spending on Germany’s credit card. Yet Mr Macron is also right that the euro cannot survive over the long-run without fiscal integration.

    There is nothing new about German unilateralism in EU affairs. The violation of EU energy law (with connivance from Brussels) is what allowed Gazprom to gain a lockhold on the Continent. The eurozone’s Lost Decade was really a story of the northern creditor powers hijacking EU institutions to serve as debt-collectors, all camouflaged by a spurious morality tale of feckless Greeks and Latins.

    It is not Brexit that poses the greatest threat to EU cohesion, nor hard-Right populist parties. The threat that matters is the eternal temptation of the German Sonderweg, this time expressed in fraternisation with dictatorships bent on destroying the West.

    In geopolitics, as in life, you have to choose where you stand. Chancellor Merkel tried to have her cake and eat it over Russian energy, calculating that Germany could secure Putin’s gas at sweetheart prices and undercut industrial competitors in Europe even as it enjoyed the advantages of the EU market and the US military shield. She got away with it but left the time-bomb to her successor.

    Chancellor Scholz now calculates that Germany can secure Chinese markets and economic cooperation on preferential terms – by kowtowing to every political demand – while still reaping all the benefits of the Western democratic club.

    One can understand why some in Germany think their country is under existential economic threat, as its 20th Century industrial model suddenly unravels, and therefore that compromises must be made. But a Faustian pact with Xi Jinping is no solution.

    A German third way that scoffs at cowboy “decoupling” is an illusion. There is no stable middle ground as America and Communist China grapple for civilisational dominance. Mr Scholz might care to read the 60-page report of his own very well-informed ministers, officials, and intelligence agents.

    Germany must choose whether it is with the West or with China: it cannot have it both ways

  17. #21842
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    s.a.
    The vacillating Bank of England governor, the over-promoted Andrew Bailey, has raised interest rates but in prognosticating the dubious belief inflation increases will stop next year he is in fact banking on the inherent weakness of a British economy doing the work for him. the markets are unimpressed and the £ has fallen again.

    The thing is, the economy was not sabotaged by COVID or the Ukrainian war as stupid Brexiteers might have you believe but has been fucked by a combination of Brexit and Trussonomics - the former has throttled commerce by a million SMEs now denied an unfettered market in Europe, restricted the labour supply by up to a million workers killing the services industry and reduced inward investment while simultaneously forcing corporate players to take flight, and the latter which destroyed the £ by reducing its already Brexit devalued rate by a further 15%.

    In the end, the current iteration of a Brexitory government will yet again fail to acknowledge the inescapable fact, the person of colour in the economic woodpile so to speak, Brexit has fucked the UK systemically and its failure is now used as an unconvincing economic measure by a febrile BoE governor to salve the depredations of international markets not so deluded.

    What a bloody mess. The UK economy is emerging world status and £ is back to $1.12 and 42 baht.
    utter bullshit. thinktank nonsense and a pathological obsession with the brexit that interfered with your plans.

    have you been asleep for the past three years .

    the uk has a covid bill to pay you dolt. as does every fucking country that had a lockdown, printing money that they gave to people for sitting at home for two years. every country that has "enjoyed" zero interest rates discouraging saving and encouraging reckless borrowing and money printing that has led to rampant inflation.... all compounded by russias invasion of ukraine and the resulting shortages of food and energy

    the uk is taking the first steps to ensure that the covid bill will be paid. money borrowed must be paid back. people were begging sunak to support them as they sat at home during the lockdowns, happy to be away from the workplace, happy to have the freedom to "work" from home. now the bill has to be paid and a period of austerity will ensue. the era of free money is thankfully over, and the era of reality is thankfully here. savers will at last reap some rewards, and the profligate, the irresponsible and the lazy will suffer. serves them right, they will have to learn to tighten their belts. only a fool could fail to see this coming and not take steps to prepare. but no, easy money is here, lets have a new car, an expensive holiday, a new house.

    the present misery that the british imagine they are feeling has very little to do with government incompetence, but more to do with the medias
    incessant promotion of the "what are the government going to do to help me" line of whinging that infects everyone with the virus of entitlement and victimhood.

    the wealthy are insulated from these problems, the middle class who always take their situation for granted have only themselves to blame for their lack of economic naus and their love of showing off range rovers, audis and luxury goods, and the poor thanks to their stupidity and inability to think for themselves after years of suckling on the government teats of benefits, victimhood and entitlement egged on of course by the socialist media will be the ones to suffer most. as has always been the case and always will be. only lottery wins or crime can release the shackles that have always entrapped the unfortunate dumb poor.

    life is sometimes shit. so suck it up or die. but blaming someone else and marinating in the resulting anger will just compound the situation.

    the financially crippling effects of overregulation, a lot of it imposed by the eu, is a killer for small business in the uk.

    necessity is the mother of invention. just look around you in thailand. an amazingly resourceful people.
    Last edited by taxexile; 04-11-2022 at 03:16 PM.

  18. #21843
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    Poor Tax, he still doesn’t get it.

    Typical dentist, isolated, arrogant, parochial and tunnel visioned.

    Tax, the ERG/UKIP/Tory dinosaur rhetoric that the EU was a single entity threatening the Engerlandian sovereignty by taking over their institutions, stealing profits, their women and the food off their tables was a lie, an invention of the bigoted right wing trading on xenophobia.

    Tax, only the stupid, the credulous, the ignorant, the naive and the bigoted ever believed that drivel. It was spurious propaganda propelling the right wing Tories and their bankster hedge fund shills into power in circumstances that simply was not available to them otherwise. Osborne warned Cameron that his referendum was a terrible mistake but he took no heed of the danger. And now the damage is done.

    Given that those with the meanest of intelligence, even you Tax, now realise despite all the rhetoric there has not been a single economic or social advantage to Brexit, the usual suspects among the ERG and their supporters, the Telegraph, the Mail, Express etc, are reduced to peddling the nonsense that the EU is doomed to extinction and therefore Brexitonia and its population of little Engerlandians were right to quit.

    Tax, it’s bollocks.The EU is merely an association of 27 independent countries united in their membership of a bloc sharing unfettered trade and free movement, it is not a separate entity formed under an imaginary caucus you evidently stupidly believe. What each country does outside the remit of their socio-economic bloc obligations for their own material benefit is a matter for each member state to consider how best to exercise their sovereignty in the pursuit of trade abroad. Every country has had its freedom to do this since the 1950s. Your stupid idea that a Franco-Teutonic alliance was luring Britain into a subjugated role supporting a European superstate always was bollocks and a myth peddled by the Tory right wing.

    Tax, you lapped this shit up like mother’s milk and still do, you dull witted blinkered old sap. Grow up and get your head out of your arse.

    And stop quoting Ambrose Prickhard of the Daily Telegraph, for fuck’s sake. He is a silly cvunt who doesn’t know his arse from his elbow.

    The current situation in the UK has little to do with government incompetence????!!!!!

    You cupid stunt, Truss trashed the £ and nearly destroyed the entire pension industry taking the financial sectordown with it, a fucking disaster the repercussions of which the Bank of England has said will last several years.

    And the £60 billions Sunak spunked away on fraudulent claims and on Tory shills trading redundant Covid PPE??!!

    And Sunak inflating a faux property boom by suspending tax on home purchases that will mean thousands will suffer insolvency in the short term???!!

    Tax, your Tories, your Brexit, your idiocy, are all no more than a testament to national folly.
    Last edited by Seekingasylum; 04-11-2022 at 04:21 PM.

  19. #21844
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    Quote Originally Posted by taxexile View Post
    . just look around you in thailand. an amazingly resourceful people.
    Are you sucking on a supply of your own nitrous oxide?

    Thailand has a population of millions scratching in the dirt of subsistence governed by a hegemony of vested interests operating a monopolistic regime through cartels exploiting them mercilessly.

    Christ, what the fuck is the matter with you?

  20. #21845
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    Quote Originally Posted by Seekingasylum View Post
    Christ, what the fuck is the matter with you?
    Senility . . . anger . . . frustration. Taxidriver.

  21. #21846
    Hangin' Around cyrille's Avatar
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    he should have seen the changes coming, after all they were well publicised, and merged sooner.

    adapt or die, same as in any business.

  23. #21848
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    Quote Originally Posted by Joe 90 View Post
    Not forgetting the Italians fondness for putting their heads up each others arses.
    You're thinking of Rugby players.

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    Quote Originally Posted by taxexile View Post
    adapt or die, same as in any business.
    Says a taxi driver . . . try reading the article before your Brexit-bravado spills out of your mouth

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    And finally, after another year of disaster and economic destruction, the Brexitory party has now acknowledged that the Brexit deal was a fuckup, that the loss of freedom of movement has devastated the service sectors, manufacturing, the NHS and the care industry by denuding them of a labour supply and the loss of the single market with its customs union has fucked thousands of SMEs who contribute over 42% of the UK’s total manufacturing trade output that accounted for 10% of GDP, 49% of which was trade with the EU amounting in value to over £160+ billions annually.

    This of course was obvious to we more sentient folk back in 2016 when we all saw the pitfalls but the stupid, credulous moronic Brexiteer/UKIPTory trash all swallowed the bullshit rhetoric that those warnings were nothing but Project Fear.

    What a fucking mess, UK on the cusp of sun-setting 40 years of socio- economic legislation protecting rights and ensuring public standards and now the Brexitory Party wants to rejoin the EU but as a quasi-Swiss entity as if that was possible without free movement.

    I can forgive congenital idiocy but this wilful denial of reality, that Brexit was a catastrophic mistake, deserves to destroy Engerlandia’s future.

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