How could, they regret it if they lost the vote?
Conservative, not Labor. The referendum on leaving the EU had been held and won/lost by a tiny margin, two different issues. Labor had a very poor campaign and Corbin was the wrong man, like Hillary was the wrong woman
and here we go
Brexit: Tension and uncertainty stalk trade talks - BBC News
Despite the fear, the misery and the suffocating uncertainty of Covid-19, by now you've no doubt heard on the Brussels-Paris-Berlin-Dublin-Belfast-London grapevine: the post-Brexit trade talks between the EU and the UK are in trouble.
Sure, there's agreement in basic free trade discussions but clashes on key issues remain. On Tuesday, Ireland's Foreign Minister Simon Coveney said the two sides looked like they were heading for a crisis which, from the Irish perspective, was "very, very serious".
So, should we be concerned?
Ok, I'm being intentionally provocative. I'm hoping you'll peruse this blog on Brexit even though you're drowning in must-reads on coronavirus. But I certainly don't mean to be flippant.
The fact is: a crisis was always predicted in EU-UK trade talks. They are multi-layered and complicated. The first time ever in trade negotiations that two parties are focused on loosening the ties that bind them (now the UK is no longer an EU member state) rather than creating new and closer bonds.
What the two sides want
The UK seeks more than a basic economic relationship with the EU, whatever impression some UK politicians may seek to give.
For example, the UK government hopes to continue to benefit from EU-wide data sharing arrangements. It wants access to the central intelligence database of the EU's law enforcement agency Europol. Germany is not at all keen on that idea. It says once you've left the club, forget the perks. You can't have your cake and eat it.
The two sides want to work together in research and development, transport, chemical waste, law enforcement and judicial co-operation. Then there's the contentious issue of fish: to what extent EU fishermen will be allowed access UK waters.
Here, the UK turns the tables and accuses Brussels of trying the cake-and-eating-it routine. The EU wants to keep the same fishing quotas as when the UK was a member state. And if there's no agreement on fishing, the EU threatens, there'll be no trade deal at all..
You get the picture.
No Butters. Do you get the picture????EU trade chief claims Boris Johnson has secret plan to make sure UK leave on December 31
AN EU trade chief has claimed there is no real sign Britain wants post-Brexit trade talks with the Brussels bloc to work.
This is just the trade agreement. The awkward bits will be transfered to the political agreement to be agreed later. That is the one that will fix the lump sum to be paid.
The date will be met, brexiteers will be happy and the nitty gritty will be carried out behind the scenes over a period of 6-18 months.
The destruction of the Thatcherite era of post 1970s new Conservatism ensuring the expansion of credit among the lower end while retaining the bulwark of British social welfarism is near complete. Brexit was always the Trojan horse for the ersatz American laissez faire capitalist culture of low tax, low welfare and debt exploitation, and the irony is, it is the very people who let it all happen who will suffer the most.
The stupid shall inherit their shackles of economic slavery, the right wing carpetbagging tax evading corporate elite have won.
And the stupid never saw it coming.
Last edited by Seekingasylum; 08-05-2020 at 09:21 AM.
^ yep, it really depends on whether the EU want to be flexible in their Red Lines.
Because their red lines negate Brexit.
it's a fucked decade for the UK
Bank of England warns of sharpest recession on record - BBC News
The Bank of England has warned that the UK economy is heading towards its sharpest recession on record.
The coronavirus impact would see the economy shrink 14% this year, based on the lockdown being relaxed in June.
Scenarios drawn up by the Bank to illustrate the economic impact said Covid-19 was "dramatically reducing jobs and incomes in the UK".
Bank governor Andrew Bailey told the BBC there would be no quick return to normality.
He described the downturn as "unprecedented", and said consumers would remain cautious even when lockdown restrictions are lifted.
Mr Bailey said: "Not all of the economic activity comes back. There's quite a sharp recovery. But we've also factored that people will be cautious of their own choice.
"They don't re-engage fully, and so it's really only until next summer that activity comes fully back."
Also on Thursday, policymakers voted unanimously to keep interest rates at a record low of 0.1%. However, the Monetary Policy Committee (MPC) that sets interest rates was split on whether to inject more stimulus into the economy.
Two of its nine members voted to increase the latest round of quantitative easing by £100bn to £300bn.
The Bank's analysis, published on Thursday, was based on the assumption that social distancing measures are gradually phased out between June and September.
Its latest Monetary Policy Report showed the UK economy plunging into its first recession in more than a decade. The economy shrinks by 3% in the first quarter of 2020, followed by an unprecedented 25% decline in the three months to June.
This would push the UK into a technical recession, defined as two consecutive quarters of economic decline.
The Bank said the housing market had come to a standstill, while consumer spending had dropped by 30% in recent weeks.
Amazing, its incredible. The IMF were predicting downturns globally too - i have no idea where all the prescient experts come from - i mean given what's going on could you predict a downturn - i think they have been listening in on Sausages.
Indeed, the decision to exclude themselves from unfettered trade with 500 million consumers a mere 22 miles away is definitely a plus in reducing that COVID influenced contraction in trade.....har, har.
The fun thing about the BoJo ragbag government of Orcs and their obsession with sucking American cock is the not entirely insignificant fact that much of the septic investment in Britain, around $700 billions, was made in order to access trade opportunities within the EU.
Poor old BoJo, not only is he reeling from the death house casualty rate his inept and deranged government has created but now has to cope with losing around £400 billions in GDP this year alone, and to cap it all he has to now row back from his bullshit bluster position with the EU countries and start kissing FrenchNLD/Kraut ass otherwise the current Anglo - Septic trade talks are going to founder - the yanks have already told Truss to fuck off until BoJo agrees stuff with the EU.
Great stuff .........fuck knows what those several million BTL buyers are going to do now they can't fund their mortgages or sell their gaffs.
The unemployment rate among the blue collar oiks is going to balloon and certainly RR, Airbus, BMW et al are going to close factories down everywhere.
They deported some Poles who had served prison time for trivial offences yesterday so that'll make everything better.
Har, har.
Oh, so Brexit is still on then?
I assume so, because SA is inconsolable.
an interesting month ahead
Brexit: Simon Coveney says trade talks progress not good
By Jayne McCormack
BBC News NI Political Reporter
5 May 2020
Simon Coveney warned that the Covid-19 crisis had made securing a comprehensive post-Brexit trade deal even more important Progress "has not been good" in negotiations to reach a post-Brexit trade deal, the Tánaiste (Irish deputy PM) has said.
The transition period, due to end on 31 December, was intended to allow the UK and EU to negotiate a trade deal.
Downing Street has previously said it will refuse an extension, even if the EU requested it.
"Time is short and there's an awful lot to do," said Simon Coveney.
It will be very serious for the Republic of Ireland as it works to rebuild its economy in a post Covid-19 world, added the minister.
'Another crisis point'. Speaking on RTÉ Radio One, the tánaiste said he was concerned that unless significant progress was made soon, the UK and EU would reach "another crisis point" in the negotiations.
"Progress has not been good in the couple of rounds of negotiations we've had, of course there have been huge distractions for everybody in the context of Covid-19.
"There are only two rounds of negotiations left before an assessment in mid-summer and one of them is this week."
On Monday, Mr Coveney held talks with the EU's Chief Negotiator Michel Barnier.
He said in that discussion, it had been reinforced how different the negotiating stances between the two sides were.
"The UK seems to want to pick the areas where they want a deal early and solely focus on those, while the EU has made it clear that's not an approach they can work with," added the tánaiste.
'One or two tough moments'
"In order to get a trade deal we need to know there's a level playing field so businesses in Ireland are not disadvantaged."
On Tuesday, Cabinet Office Minister Michael Gove told a Lords committee there had been "one or two tough moments" so far in the negotiations to reach a trade deal.
He insisted, however, that there was still no need for an extension to the transition period.
"It is not the case that the UK is being frivolous," he said, in response to a claim from Mr Barnier that the UK was refusing to engage seriously in the discussions.
"I think it is the case that the EU has a particular view of how the UK should ascent to certain principles and agree to certain ways of thinking, and we take a different view.
"It's a difference of philosophies."
NI protocol
The Brexit deal, which saw the UK leave the EU on 31 January, includes special arrangements for Northern Ireland after the transition period ends.
It is due to take effect at the end of this year, and will see NI continue to follow many rules of the single market while the rest of the UK will not.
There will be new controls and checks on goods entering NI from elsewhere in the UK.
It will also mean when relevant EU laws are amended or new ones are drawn up, they will also apply in Northern Ireland.
Last week a joint UK and EU committee focused on how to implement the NI protocol held its first meeting.
Brexit, the perfect storm for the UK to get fucked
The Brexit Tory contagion has spread further now the world has seen just how fucked up its government rabble truly is in terms of incompetence and inability. The auspices for any sort of consensus being reached before end June for a trade deal are poor if not moribund and the markets are once again shorting the £. And if that were not enough the amount of QE spunked out by the BoE has made sure the future is down, way down.
Back to $1.23, EUR 1.13 and 39.00 baht.
Was it really only 5 years ago when it was $1.55, EUR 1.40 and 54 baht ..........
And all because 17.6 million of the stupidest Brits combined with the deluded, the prejudiced and the merely clueless on one day and voted like credulous imbeciles.
Last edited by Seekingasylum; 13-05-2020 at 01:25 PM.
hum, I think I have heard that before
here we go, if the fools don't extend, they are going to be double fucked
UK economy shrinks at fastest pace since financial crisis - BBC News
The UK economy shrank at the fastest pace since the financial crisis in the first quarter of 2020 as coronavirus forced the country into lockdown.
The Office for National Statistics said the economy contracted by 2% in the three months to March, following zero growth in the final quarter of 2019.
The UK's dominant services sector suffered a record decline.
Analysts expect a bigger slump in the second quarter, before the economy starts to recover.
Analysts expect a bigger slump in the second quarter, before the economy starts to recover.
Still a pretty good idea to hand over your cash to them, then
I say SA, 22 miles? Haven't you gone metric yet?
Indeed, Butters, dire times ahead but luckily the fucking morons have successfully contrived to weather the storm by removing themselves from an economic association that offered unfettered trade with 500 million consumers only a short ferry ride away which accounted for over 13% of GDP and 50% of Britain's entire manufacturing output.
Har, har.
You simply couldn't write it, could you.
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