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Thread: Brexit

  1. #1021
    Master DrPatrickBarry's Avatar
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    Quote Originally Posted by Stolly View Post
    You could just as easily quote the dollar or the pound causing economic migration 🤔
    no you can't, the pound and dollar are good, it is only the Euro that is bad.

  2. #1022
    Quote Originally Posted by DrPatrickBarry View Post
    no you can't, the pound and dollar are good, it is only the Euro that is bad.
    Now now. No squabbling. This Forum reminds me of an interview to join the FRA Committee.


    Interview Panel/ Candidate


    Q1. “Do you have a sense of humour to cope with squabbling members on the Forum?”

    A1 “Yes”

    Q2. “Do you have the patience of Job to overcome how dim members can choose to be when interpreting FRA kit rules?”

    A2. “Yes”

    Q3. “Do you know anything about fellrunning?”

    A3. “Sorry. Absolutely nothing at all.”

    Interviewing Panel

    Never mind. Congratulations! The pass mark is 2 out of 3. When can you start?
    "...as dry as the Atacama desert".

  3. #1023
    Moderator noel's Avatar
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    Having now had a chance to look briefly into Oracle's sources, it strikes me that the alleged economic woes of some southern European nations and the indisputably high youth unemployment rates are not claimed by those economists to be an inherent failing of the Euro; more a failing of interventionist central banks.

  4. #1024
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    Quote Originally Posted by Stolly View Post
    You could just as easily quote the dollar or the pound causing economic migration ��
    Another straw man. There are several causes of economic migration, so the existence of one has no bearing on others. One provable source is the irreparable imbalance and divergence caused by the euro. It is pointless arguing. There is endless analysis of these problems, but I've yet to meet remainers who have studied any of it: most see the EU through rose tinted glasses. Or Should I tell my Greek and Italian tenants they were wrong to leave for economic reasons because fellrunners said so?

    It is fascinating: I point out the massive levels of youth unemployment, now young adults with no future, and the desperate social problems it causes( including the rise of populism) yet the response is always total silence in the UK even amongst avowed socialists. As varoufakis says: We don't have real austerity here - look at Southern Europe for that. Remainers seem to prefer to pretend the suffering caused by the euro doesn't exist so long as it doesn't affect them personally. Hear no evil, see no evil.
    Last edited by Oracle; 24-03-2019 at 11:12 PM.

  5. #1025
    Master Witton Park's Avatar
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    Quote Originally Posted by Oracle View Post
    Another straw man. There are several causes of economic migration, so the existence of one has no bearing on others. One provable source is the irreparable imbalance and divergence caused by the euro. It is pointless arguing. There is endless analysis of these problems, but I've yet to meet remainers who have studied any of it: most see the EU through rose tinted glasses. Or Should I tell my Greek and Italian tenants they were wrong to leave for economic reasons because fellrunners said so?

    It is fascinating: I point out the massive levels of youth unemployment, now young adults with no future, and the desperate social problems it causes( including the rise of populism) yet the response is always total silence in the UK even amongst avowed socialists. As varoufakis says: We don't have real austerity here - look at Southern Europe for that. Remainers seem to prefer to pretend the suffering caused by the euro doesn't exist so long as it doesn't affect them personally. Hear no evil, see no evil.
    You can't blame the Euro for intra EU migration. It has had an effect, but with freedom of movement and differing levels of economic activity people will move to better themselves, just like they move within the UK.
    The Euro is one of the factors, not the factor.
    Richard Taylor
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  6. #1026
    Master Witton Park's Avatar
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    Quote Originally Posted by noel View Post
    …. more a failing of interventionist central banks.

    banks or bank?
    Richard Taylor
    "William Tell could take an apple off your head. Taylor could take out a processed pea."
    Sid Waddell

  7. #1027
    Master shaunaneto's Avatar
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    Well, as economic difficulties in the Southern European states existed before both the Euro and the EU. I’d go with ‘banks’.
    pies

  8. #1028
    Master Witton Park's Avatar
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    Quote Originally Posted by shaunaneto View Post
    Well, as economic difficulties in the Southern European states existed before both the Euro and the EU. I’d go with ‘banks’.
    So in effect the structural issues were there before the Euro. The EU set out convergence criteria and fiddled it for some of the states entering.

    Since then, they continue to ignore states, even Germany and France, who ignore the rules set out for Euro membership.


    Either the rules were a red herring, economic BS, or the persistent bending of them is a problem.

    I personally don't see how pre Euro central banks can be held responsible for a problem now. They haven't really been hands on for over 20 years.
    Richard Taylor
    "William Tell could take an apple off your head. Taylor could take out a processed pea."
    Sid Waddell

  9. #1029
    Master Witton Park's Avatar
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    https://www.bloomberg.com/news/artic...no-deal-brexit

    Much head scratching here. So we couldn't manage a border with a FTA, but apparently we can manage one with No Deal.
    Richard Taylor
    "William Tell could take an apple off your head. Taylor could take out a processed pea."
    Sid Waddell

  10. #1030
    Moderator noel's Avatar
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    Quote Originally Posted by Witton Park View Post
    banks or bank?
    They also talk about Japan, where economic stagnation is a long-standing issue. So they include national banks in this claim too.

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