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Hammer and Pickle
4:07 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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From agriculture to labour markets, from energy policy to transatlantic trade, de-bureaucratisation, defence and coordinated monetary and foreign policy - you name it, there is hardly an area of EU governance that doesn't need a detailed programme of reform realised with real commitment and vision. What's at stake are millions of jobs and stability for generations to come, and the UK most be in the driving seat of this process.
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SurfaceAgentX2Zero
1:41 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Yes. We are going to pay all of the £850,000,000 that it now transpires was what we were originally going to pay.
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alphaharps
1:37 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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lol @ Osborne
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SurfaceAgentX2Zero
1:33 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Gavros 1:23 Sat Nov 8
I agree 100% with that post.
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Gavros
1:23 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Precisely BRANDED. The free market is a well worn lie that Cameron could exploit if he had the intelligence. Free movement of people sacrosanct, is it? What about free services markets, which are worth much more than goods markets and has been blocked by the Germans and French since the inception of the EU? What about the promotion of national champions? Pure hypocrisy.
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Hammer and Pickle
1:22 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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There was I thinking the reason for the success of German manufacturing was it produces quality products at a good price that everyone wants to buy.
Oh and do please excuse my sarcasm Harold.
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Hammer and Pickle
1:19 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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There are plenty of things massively wrong with the German position in Europe, especially considering their monetary policy given their effectively zero bond yields.
This is also precisely why nobody needs a precipitous UK exit. Nobody.
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BRANDED
1:01 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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But. Commerce is give and take. No one wants to lose the business they get in the UK. I find it hard to understand how anyone can predict anything like this until the new rules are established. Until that time its reasonable for the will of the people to supersede the will of European technocrats.
By the way. Do you know why German manufacturing is so successful? They subsidise energy to their manufacturing companies. Probably against all the EU rules they strongly wish to uphold.
That came from the BOE.
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SurfaceAgentX2Zero
12:57 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Politicians need the votes of auto-workers in the Ruhr and French farmers. Frankly, no-one else counts.
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Gavros
12:55 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Not necessarily Surface. We're talking about politicians here.
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SurfaceAgentX2Zero
12:53 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Gavros 12:46 Sat Nov 8
You whole post agrees with my point that an amicable arrangement will be essential to all. So all talk of tariff walls and exclusion is nonsense.
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Hammer and Pickle
12:52 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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I'm glad you find it funny because I don't.
Not in the least.
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SurfaceAgentX2Zero
12:50 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Hammer and Pickle 12:42 Sat Nov 8
Haha!
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Toe Rag
12:48 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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"Actually the economic picture looks so bleak, it doesn't bear thinking about. If you do leave I suggest you go on the gold standard and start building concentration camps to gain productivity."
You crack me up H&P.
You absolute nut job.
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Gavros
12:46 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Im not talking about a trade war, im talking about the threat of being outside of the free trade area, which we would be if we were not offered EEA membership.
For what its worth the bond markets of the Eurozone countries with also get battered over speculation that a UK exit would create a domino effect. The ECB, which is already having a hell of a time trying to keep the Eurozone together and get the economy out of a deflationary spiral, might find it too much to cope. Could be real carnage.
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Hammer and Pickle
12:42 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Because you run a massive trade deficit and you would have to renegotiate all contracts with a massively pissed off EU that does not have to buy your products, so you'd be forced to devalue/inflate your currency to gain price competitiveness. Cutting off labour supply would mean cost push inflation and you'd still have to buy most of your manufactured goods from abroad.
I'd say your average bond yields would rise by 3% at least in the first quarter of exit as well.
Actually the economic picture looks so bleak, it doesn't bear thinking about. If you do leave I suggest you go on the gold standard and start building concentration camps to gain productivity.
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SurfaceAgentX2Zero
12:36 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Gavros 12:33 Sat Nov 8
Yes. German and France will definitely want to start a trade war with their closest military ally, cultural friend and second biggest export market.
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harold
12:34 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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HP,
What an arrogant, sarcastic git you are.
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Gavros
12:33 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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No-one's saying there will, Surface, son. That's just the paper tiger that youre creating.
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SurfaceAgentX2Zero
12:32 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Gavros 11:43 Sat Nov 8
'Given' implies granted. 'Conceded' or 'agreed' wold be more appropriate terminology. The UK is a vital market to the EU.
You second paragraph just agrees with me. We have no idea what the markets will make of our potential exit.
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SurfaceAgentX2Zero
12:29 Sat Nov 8
Re: EU migrants to UK add billions to the economy, while non-EU migrants cost hundreds of billions
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Hammer and Pickle 11:51 Sat Nov 8
Yes, I do.
Unfortunately you haven't established why there would be a run on the currency.
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