It still always leaves me curiousIf you followed any Brexit thread on GAF you'd easily know the answer to that question
It still always leaves me curiousIf you followed any Brexit thread on GAF you'd easily know the answer to that question
Lets be honest, she has well and truly called out the EU.... as much as it will be unpopular, she just said we are picking up our ball and going home....
the huge question will be, does the EU blink, or do they remain steadfast in their position
Constantly torn internally between WANTING people to suffer for this decision but being aware that everyone, including those who were against it, will suffer too.There are around 200,000 jobs in Wales that depend on the EU.
I can never understand what you mean with these posts.
"called out the EU"
"picking up our ball and going home"
"does the EU blink"
You make this sound like a playground scrap, why do you think the EU would ever "blink" here? What do you think has been "called out" - and to what end?
So, the parliament and lords get to vote on whatever deal they come up with and if they reject it, then what happens, we leave with nothing or don't leave ?
I don't disagree that the BBC was impartial, and I do agree they are hard on Corbyn.
I was under the impression that Parliament had to vote on invoking article 50, no?
May also dodged the question.
na, if it all does go to shit, I would expect once this generation moves through, I would expect another referendum...30 years or so
Just got in and catching up.
So... how much value did she knock off of the pound this time?
She really is this generations Thatcher. She's willingly fucking over thousands of peoples lives just to make herself look good (although she's failing at that as well)
That's guaranteed tbh. I fully expect us to be back as an EU member (or as good as) within 30-40 years.
She talked about putting the deal to parliament. Didn't say anything to art. 50.
Yep. That's why the EU will even go against its own interests in these talks.If the EU gives May what she wants in an unqualified way (e.g. all the trade perks, none of the rest), I think more countries could wind up following the UK out. Don't think the EU can afford to blink.
Constantly torn internally between WANTING people to suffer for this decision but being aware that everyone, including those who were against it, will suffer too.
Ugh.
na, if it all does go to shit, I would expect once this generation moves through, I would expect another referendum...30 years or so
I don't know, the speech seems to be playing pretty well outside of GAF.
NoDid Theresa mention article 50 at all today?
I think we can we'll just be substantially worse off for it. Keep in mind the UK was one of the largest economies in the EU. Just as it's going to substantially hurt us, it's going to substantially hurt them, but they have a bit id a break in terms business moving headquarters, but the uk makes up a rather large proportion of EU trade. No-one is really winning in this scenario.Of course it does. The people who want to leave are self obsessed assholes who think this idiot is sticking it to the man in some form. These people believe the UK is still a world power. This isn't the 1800s anymore. We cannot function without EU support.
This is what the supreme court decision is about. May doesn't think parliment should vote on it.
If that ever happens it will never be as good a deal as it was the first time. No special snowflake anymore.
Wales voted to remain. These are not the people that should suffer.
No it didn't.Wales voted to remain. These are not the people that should suffer.
Wales voted to remain. These are not the people that should suffer.
She was asked the question, about what would happen if they reject it. She didn't answer that question.
Just got in and catching up.
So... how much value did she knock off of the pound this time?
This the crux of the matter and it has not changed since before the vote was even held.May: We want tariff free trade with the EU and a customs agreement.
EU: You're not getting that without staying in the single market and accepting the Four Freedoms.
May: Well we don't want that!
EU: Then there's nothing more to be said.
May: ...We want tariff free trade with the EU and a customs agreement.
Just got in and catching up.
So... how much value did she knock off of the pound this time?
At the end of Mays speech, the pound held on to most of its gains. Against the dollar it was up by 1.74% at $1.2251 as she finished her prepared comments, compared to a 1.1% rise as she began speaking. Against the euro it was up 0.7% at 1.1445.
The FTSE 100, down 0.4% initially, edged lower and fell 0.58% to 7284 as dollar earners fell back as the pound improved.
As she took questions, emphasising Britain was looking for a deal which would benefit both sides, sterling hit its high for the day, up 2% to $1.2293.
The 2% rise is the biggest increase against the dollar since June 20 last year, just ahead of the referendum, and the second biggest since December 2008.
By saying, she respects their stance on 4 freedoms. but she rejects that, so we will leave the single market if that is your stance, still wants free trade, but give Britain a bad deal and we will take no deal, which will also hurt you (EU)
Called out (is the 4 freedoms really that concrete)
picking up our ball ( fine then, we will leave)
And I'll be 54-64 years old. How comforting.
Also Wales voted to leave.
what?
The pound dropped yesterday because they already knew what she was going say. Won't move much.
Constantly torn internally between WANTING people to suffer for this decision but being aware that everyone, including those who were against it, will suffer too.
Ugh.
UK will make a trading deal with the EU of course, just not as good as the single market. It means they'll have to look for stronger and/or better deals with other partners to make up for that loss.
They might not emerge with a stronger economy overall immediately but they'll try to lessen the initial blow brexit. On the other hand, they'll get what they wanted : more control on their borders and laws.
The EU can't give the UK a "good" trade deal outside of EEA. It's simply impossibly, because it would undermine its very existance. Even if the EU suffers from that (and it will, no doubt about that), it will have to deal with that. Which means the UK is fucked, if it really goes through with this "strategy", because it obviously will be hurt much worse.
Of course, May and her advisers know that perfectly well, so I'd argue that this is just pandering to her base and when things don't work out (as to be expected), she'll blame the EU for acting irresponsibly. It's indeed a game she is playing. Unfortunately with the lives of people in the UK and the EU.
It went back up during her speech because the markets like the certainty of knowing what's in place.
what?
Huh?
It went up a cent during the speech. Unless you mean if the past few weeks and not today.
http://www.xe.com/currencycharts/?from=GBP&to=EUR
The EU can't give the UK a "good" trade deal outside of EEA. It's simply impossibly, because it would undermine its very existance. Even if the EU suffers from that (and it will, no doubt about that), it will have to deal with that. Which means the UK is fucked, if it really goes through with this "strategy", because it obviously will be hurt much worse.
Of course, May and her advisers know that perfectly well, so I'd argue that this is just pandering to her base and when things don't work out (as to be expected), she'll blame the EU for acting irresponsibly. It's indeed a game she is playing. Unfortunately with the lives of people in the UK and the EU.
Theresa will get what she wants either way. She said no deal is better than a bad deal.Because she knows parliament has no chance but to agree with it unless they want WTO rules.
With that move she basically took parliament out of the equation. Because falling of a cliff is still better than nuking yourself.
May: We want tariff free trade with the EU and a customs agreement.
EU: You're not getting that without staying in the single market and accepting the Four Freedoms.
May: Well we don't want that!
EU: Then there's nothing more to be said.
May: ...We want tariff free trade with the EU and a customs agreement.
On the other hand, the smug xenophobia and racism that accompanied the campaign and result mean I won't feel guilty for enjoying the schadenfreude that will follow a hard Brexit.
I don't think things will playout like that at all, open up to Indian and Chinese markets for example demand that their citizens have freedom of movement in your country, so how exactly will you accomplish that and strict borders, without discriminate people based solely on the volume of their wallet?
Expanding trade with the rest of the world also just means going against China, Korea, Japan, Germany etc, etc, it's a dog eat dog world. It's not like the world is waiting for more competition.I don't think things will playout like that at all, open up to Indian and Chinese markets for example demand that their citizens have freedom of movement in your country, so how exactly will you accomplish that and strict borders, without discriminate people based solely on the volume of their wallet?
A year ago the UK didn't even have any trade negotiators. I wonder how it's looking now.I haven't even thought of the extra costs this negotiation is adding to both UK taxpayers and EU taxpayers (of which Brits are both members of).