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rspann wrote:Tobagexit next?
DTAC wrote:The EU & Brexit: A Trinfied Explanation
This is what the EU was/is in a way Trinis will appreciate.
The EU originally was like a huge house Down the Islands. 3 master bedrooms, 5 small bedrooms, Pool, Jacuzzi, the works.
A bunch of you put up and rent it for a long long weekend and go to the grocery to buy real stocks for you and your significant others and a few close friends.
Then after a day or two, “friends of friends” start to show up. No scene, still a few rooms and a good amount of couches available.
Then more “friends of friends” show up and their friends show up. All with their hands swinging.
Quickly, the mountain of stocks you brought for your original lime is gone through and your new “guests” are wondering loudly, when one of you going out to get more stocks.
That in a nutshell is the EU.
Lance wrote:Lol. Who are the newcomers?
Are you referring to the emerging eastern European countries that have rising income levels and provided huge markets for the mature goods that the "core" countries peddle?
Or the emerging eastern European countries that have comparatively lower wage rates thus facilitating the offshoring of manufacturing and service activities for these "core" countries?
Rule number one- there ain't no free lunch. Especially when it involves the "core" countries.
Brussels simply went too far. They crossed the line after moving from an economic union to a political subordinate of Europe. Now, six more countries want to hold referendums to exit the EU; France, the Netherlands, Italy, Austria, Finland, and Hungary all could leave. With Hollande’s approval rating at about 11%, Merkel is lucky she is not tarred & feathered. Front National leader Marine Le Pen has pledged to hold a French referendum. If she emerges victorious in next year’s presidential elections, that means the next major player in the EU after Germany is out and there goes the EU.
This entire civil uprising in Europe has been underway ever since two months ago when Dutch voters overwhelmingly rejected a Ukraine-European Union treaty. Angela Merkel’s Germany now faces having to pay an extra 3 billion euros a year to the annual EU budget once Britain leaves. This alone is prompting German government officials to propose that Britain is offered “constructive exit negotiations” to keep their dues coming in. Some are now talking about a quasi-membership for the UK calling it an “associated partner country” to keep the money flowing.
Yet, the French government of Hollande just does not understand. The governor of the French central bank will exert pressure on UK banks. They are taking the view that it would be paradoxical if Britain could retain privileges after the withdrawal from the EU. First Banks are apparently preparing to shift part of its employees in London to the continent. They obviously fail to grasp that European continental banks, not the British banks, are on the brink of collapse.
Italian ministers warned on Saturday that the European Union MUST change course or risk total collapse after Britain’s vote to leave the bloc. Italian Finance Minister Pier Carlo Padoan said, “A double reaction to Brexit is under way, one financial, one political. The financial one, at least until now, is limited. I am more worried about the political one.” Indeed, the unthinkable is happening — and they worry the pound might crash? Pay attention to the euro.
Meanwhile, another critic of the EU has been the leader of Poland’s ruling party. Poland’s Foreign Minister Witold Waszczykowski also responded and said that the UK referendum result shows the need for reform in the EU. “This is bad news for Europe, for Poland… This is a great dilemma for the eurocrats, we all want to keep the EU, the question is in what shape.” He continued, “We will be trying to use this situation to make the European politicians aware why this happened. And it happened because this concept, which was created some time ago, is no longer popular in Europe.”
Then again, the Hungarian Prime Minister Viktor Orbán intends to campaign in the British press for the UK to remain in the EU, according to a Hungarian government spokesman. Orbán is clearly out of touch with the people and fails to understand that a federalized Europe is not going down very well. He is extremely arrogant to think that he has any right to intervene or suggest that the vote be ignored.
To add insult to injury, Turkey proclaims the “Crusader union falls apart,” demonstrating that memories in Europe go back centuries. The people of the United States did not want to enter World War II. Roosevelt even traveled to Boston, promising that American boys would never defend Europe. Boston was a very Irish community and they were upset that they were asked to defend Britain after their migration to the USA because of Britain. Old wounds never quite die.
Lance wrote:Lol. Who are the newcomers?
Are you referring to the emerging eastern European countries that have rising income levels and provided huge markets for the mature goods that the "core" countries peddle?
Or the emerging eastern European countries that have comparatively lower wage rates thus facilitating the offshoring of manufacturing and service activities for these "core" countries?
Rule number one- there ain't no free lunch. Especially when it involves the "core" countries.
desifemlove wrote:Lance wrote:Lol. Who are the newcomers?
Are you referring to the emerging eastern European countries that have rising income levels and provided huge markets for the mature goods that the "core" countries peddle?
Or the emerging eastern European countries that have comparatively lower wage rates thus facilitating the offshoring of manufacturing and service activities for these "core" countries?
Rule number one- there ain't no free lunch. Especially when it involves the "core" countries.
No, but countries like Poland or Czech are still poor compared to Germany or UK, and they come and swamp and use servcies and place added burdens.
it not racism, or xenophobia, but resource-management.
The EU budget is large, complex and politically highly charged, but it is also prone to be poorly explained and understood in much of the debate on the UK and Europe. A key reason for this is that there are many ways of presenting key measures, such as how much it costs or who gains from it, allowing protagonists on different sides of the debate to seize on particular indicators to support their case. Often, however, an opposite case can be constructed just as convincingly by using a different mix of figures, leading to confusion about the true position.
desifemlove wrote:Lance wrote:Lol. Who are the newcomers?
Are you referring to the emerging eastern European countries that have rising income levels and provided huge markets for the mature goods that the "core" countries peddle?
Or the emerging eastern European countries that have comparatively lower wage rates thus facilitating the offshoring of manufacturing and service activities for these "core" countries?
Rule number one- there ain't no free lunch. Especially when it involves the "core" countries.
No, but countries like Poland or Czech are still poor compared to Germany or UK, and they come and swamp and use servcies and place added burdens.
it not racism, or xenophobia, but resource-management.
drchaos wrote:They fold Farage the only good thing about UK leaving was that the EU did'nt have to pay part of his salary any more lol.
drchaos wrote:Nah he is an MP right? So the British Gov will have to pick up the tab now.
Lance wrote:desifemlove wrote:Lance wrote:Lol. Who are the newcomers?
Are you referring to the emerging eastern European countries that have rising income levels and provided huge markets for the mature goods that the "core" countries peddle?
Or the emerging eastern European countries that have comparatively lower wage rates thus facilitating the offshoring of manufacturing and service activities for these "core" countries?
Rule number one- there ain't no free lunch. Especially when it involves the "core" countries.
No, but countries like Poland or Czech are still poor compared to Germany or UK, and they come and swamp and use servcies and place added burdens.
it not racism, or xenophobia, but resource-management.
There are numerous economic and social studies that debunk that UKIP inspired logic.
Have a look at them.
My comments were meant to highlight the net effect of EU participation. Seems like you missed that from your narrow comment.
BRZ wrote:So with the British POUND reaching an All time 31 year LOW- will this be reflected in the exchange rate at our commercial banks?
Boris Johnson pulls out of UK leadership race
Boris Johnson won't run for PM
The former mayor and leader of the 'Leave' movement has announced he's not going to contest the leadership of the Conservative Party and British prime ministership
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