Brexited | the worst threads live the longest

Do you think there will be a Deal or No Deal?

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Paul the Wolf said:
Even if they did get a trade deal with the USA, it will make little difference. What more are they going to sell them than they already do?

It's all this nonsense about Global Britain which the gullibles bought hook, line and sinker. Dreaming of Empire days long gone.

Countries' main trading partners are those closest to themselves. Europe with Europe, Americas with Americas, Asia with Asia, Africa with Africa.

The UK blew it. Big time.
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The USA doesn't need a trade deal with the UK, in any case. They are a virtually self-sustaining superpower.
 
Penna said:
The USA doesn't need a trade deal with the UK, in any case. They are a virtually self-sustaining superpower.
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No they don't.
Trade deals are made too much of anyway. Yes they assist in certain aspects but the main point about trade is that you have something the other party wants to buy and to have the least amount of barriers possible.

By the UK leaving the EU, barriers went up everywhere and the countries who did want to buy UK products were mainly in the EU. Making trade more difficult just makes them look elsewhere.
Brexit could never possibly be a success.
 
sun_tzu said:
not yet

a 25% drop from June 21st 2016 would be under one euro (about 98 cents)

Give it a couple of weeks though and could be right
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When I first heard that the UK were holding the EU referendum in November 2015 the pound has fallen from above $1.50 and €1.40 then to what it is now.
 
Paul the Wolf said:
When I first heard that the UK were holding the EU referendum in November 2015 the pound has fallen from above $1.50 and €1.40 then to what it is now.
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Plus, it was above $2 as recently as 2007. That's a 50% drop in 15 years.
 
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Balljy said:
Plus, it was above $2 as recently as 2007. That's a 50% drop in 15 years.
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The recent drop has nothing to do with Brexit, as much as I would like to blame that huge mistake of a decision. It is a rational and intentional decision made by a number of states (the central banks) in the last week or so to stabilize the complete degeneration of trust created by the energy crisis and the war. The Dollar is stable because it has a unified economy and military behind it while Europe, including the UK, is seen as a risk now by investors for both the fluidity of the gas supply over the winter as well as the potential for war (NATO protects, but it's the EU and UK business most affected by war rather then US).

Investors are like all people, very emotional. IMO, Europe is on the way to creating energy independence from Russia (this winter will be a big test), and by spring or next year, trust will go back to normal.
 
jackal&hyde said:
The recent drop has nothing to do with Brexit, as much as I would like to blame that huge mistake of a decision. It is a rational and intentional decision made by a number of states (the central banks) in the last week or so to stabilize the complete degeneration of trust created by the energy crisis and the war. The Dollar is stable because it has a unified economy and military behind it while Europe, including the UK, is seen as a risk now by investors for both the fluidity of the gas supply over the winter as well as the potential for war (NATO protects, but it's the EU and UK business most affected by war rather then US).

Investors are like all people, very emotional. IMO, Europe is on the way to creating energy independence from Russia (this winter will be a big test), and by spring or next year, trust will go back to normal.
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It had been gradually dropping (fluctuations aside) since the Brexit vote. Admittedly that has little to do with this crazy week.
 
Jericholyte2 said:
It had been gradually dropping (fluctuations aside) since the Brexit vote. Admittedly that has little to do with this crazy week.
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I know, I was talking about the recent big drop.

The Brexit situation was always going to weaken the coin due to business seeing more hurdles to profit, tariffs, etc. The only way after Brexit was down for obvious market reasons. Brexit is mega shit for literally everyone.
 
Brexit Part One is over.
They conned the people to vote to leave using the media with nationalism and xenophobia as bait.

The Brexiters thought the EU and the rest of the world would be falling over themselves to give them what they wanted.
There are no fantastic trade deals to be had - everyone in the UK is just worse off.
And there's no way back to the EU for decades.

Part Two has just begun. Will the people be conned again?

Deregulation, destruction of people's rights, austerity, end of the welfare state.
Surely the people won't be as stupid this time, or will they?
 
Paul the Wolf said:
Brexit Part One is over.
They conned the people to vote to leave using the media with nationalism and xenophobia as bait.

The Brexiters thought the EU and the rest of the world would be falling over themselves to give them what they wanted.
There are no fantastic trade deals to be had - everyone in the UK is just worse off.
And there's no way back to the EU for decades.

Part Two has just begun. Will the people be conned again?

Deregulation, destruction of people's rights, austerity, end of the welfare state.
Surely the people won't be as stupid this time, or will they?
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Not sure if serious, when has the masses ever be anything other than stupid?
 
https://www.theguardian.com/politics/2022/oct/12/uks-brexit-divorce-bill-stood-at-36.7bn-in-2021-eu-audit-reveals


UK’s Brexit divorce bill stood at £36.7bn in 2021, EU audit reveals
Settlement was down from £41.7bn, reflecting payments already made to cover UK obligations

The European court of auditors’ annual report revealed that the UK was expected to make €10.9bn in payments to the EU during 2022.

The Treasury, however, in July revised the Brexit bill upwards by £5bn, from £37.3bn to £42.5b, blaming the rising cost on meeting the UK’s obligations to pay EU staff pensions.


Have to pay for Farage's pension.
 
BMW to move production of electric Minis from UK to China

BMW is to axe all UK production of the award-winning electric Mini and switch it to China, dealing a major blow to hopes that Britain could be a global hub for zero-emission vehicle manufacture.

BMW makes 40,000 electric Minis a year at its Cowley factory on the outskirts of Oxford. Production will end next year as part of plans to reshape the carmaker’s line-up from 2024.

It is another hit to the UK’s pretensions to become a leader in global electric car manufacturing, following Honda’s decision to quit Britain not long after the decision to leave the European Union in 2016. The Japanese carmaker decided to end plans to make electric cars for the European market at its factory in Swindon, switched production back to Japan and shut the plant with the loss of more than 3,000 jobs.
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https://www.thetimes.co.uk/article/...-of-electric-minis-from-uk-to-china-7sgftsxz2
 
Paul the Wolf said:
:smirk:
They don't have an ounce of common sense.
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Shouldn't that be "they don't have 28.3495 grams' of common sense?....:nono:

Perhaps old Moggy has a point, must admit even today when asked to measure I tend to think first in feet and inches. "Silly old sausage" as my granddaughter use to tell me when I was trying to help her with her homework. :confused:
 
Maticmaker said:
Shouldn't that be "they don't have 28.3495 grams' of common sense?....:nono:

Perhaps old Moggy has a point, must admit even today when asked to measure I tend to think first in feet and inches. "Silly old sausage" as my granddaughter use to tell me when I was trying to help her with her homework. :confused:
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Silly old emulsified, high-fat offal tube as we have to say now.
 
Worst part is I could show it to my Brexiteer parents and they'd call the Telegraph left leaning and anti=Brexit.
 
I really do hope this is introduced in May next year when it's supposed to - the amount of moaning from Brexiters will be another comedy highlight.

https://home-affairs.ec.europa.eu/p...s-and-visa/smart-borders/entry-exit-system_en

Entry/Exit System (EES)

The Entry/Exit System (EES)Search for available translations of the preceding linkEN••• will be an automated IT system for registering travellers from third-countries, both short-stay visa holders and visa exempt travellers, each time they cross an EU external border. The system will register the person's name, type of the travel document, biometric data (fingerprints and captured facial images) and the date and place of entry and exit, in full respect of fundamental rights and data protection.
It will also record refusals of entry. EES will replace the current system of manual stamping of passports, which is time consuming, does not provide reliable data on border crossings and does not allow a systematic detection of over-stayers (travellers who have exceeded the maximum duration of their authorised stay).
 
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