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Re: Brexit discussion
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---------- Post added at 11:19 ---------- Previous post was at 11:16 ---------- Quote:
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* justification for reasoning is redacted |
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If you post in such a childish and pejorative style: "[the EU] needs to be extinguished" then maybe the replies you get need to be in the same style? |
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There is nothing childish about saying the EU needs to be extinguished. That is a perfectly legitimate view. I cannot stand the EU, why has that not sunk in yet ? :rolleyes: |
Re: Brexit discussion
I guess the use of the word 'extinguish' may seem to some a little extreme based on the definition I guess you mean in this case;
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Re: Brexit discussion
Just to remind all, one of the deeper reasons why we should leave the EU:
German hegemony. I'll explain. In the 1980s, Germany was becoming uncompetitive because the DM currency was rising in value to the point where they were becoming industrially uncompetitive. A way had to be found of devaluing the DM. So, they persuaded France to back the forerunner to the Euro - the ECU. The word even sounded French and by 1991 it had morphed into the ERM (Exchange Rate Mechanism) which the UK joined until the interest rate crisis occurred when we withdrew. The ERM was supposed to operate until all the member countries (now the Eurozone) had brought their borrowing to within a +/- 3% of GDP range. So, I draw you attention to GREECE & ITALY. No way did Greece & Italy fulfill these entry requirements which is exactly what Germany wanted so that the overall value of the Euro against the basket of pre-Eurozone currencies would offset the high value of the DM. Also weaker currencies in terms of GDP such as Spain & Portugal added to Germany's cup of joy. When the Euro happened around 1999, German labour & thus industrial costs fell significantly and they became highly productive. Evidence: The German financial surpluses should be seen against nearly every one else's deficit. Result: Germany runs the EU with France as its running dog. |
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Telegraph exclusive - register to read article in full |
Re: Brexit discussion
Interesting question raised on last night's Question Time "is there a difference between a brexiteer and a remainer who thinks that the referendum decision should be upheld".
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The big question now is what leaving actually entails, where will we be in 5-10 years time? What will our relationships be with our closest neighbours and the wider world? My work and personal interests revolve around ease of trade and regulatory issues. The company I work for and our customers are global but the ease of intra EU trade has been a significant advantage in the past. How this will be handled going forward is a big question that still seems to be hanging. |
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