General / Off-Topic The EU’s obsession with Britain’s money exposes its own vulnerability

[Yaffle]

I do not envy the position of the Finns. Such a small economy and population. How can they tolerate shock waves? GREAT place but I can't see how they won't have huge repercussions, unfortunately.

I don't think Brexit will have any material effect on Finland at all.

 

[Arry]

More concerning is those who cannot grasp reality over the EU needing the UK more than vice-versa. We reap what we sow. We are starting to reap now with increased food, decreased GDP growth, job losses, firms moving out of the UK, allies distancing themselves from us etc. This will hurt. A lot. Well played Little England, well played.

It was nothing to do with 'Little England'; just Dave kowtowing to the right of his party and his total arrogance of the British people. He thought we would all tow the party line and follow his orders.

 

[Yaffle]

It was nothing to do with 'Little England'; just Dave kowtowing to the right of his party and his total arrogance of the British people. He thought we would all tow the party line and follow his orders.

A fair point. It still took people to vote for it, for whatever reason they had. Being increasingly insular, which is exactly what Brexit dictates, is almost a definition of being a Little Englander. Increasing insularisation (is that a word?) has never been good for an economy.

 

[ick]

The Statement that Globalism is for Fools and Academics says alot tough.
If Education and Tolerance are your Enemy and the Hope of your Life is Isolation.

Then its true that the EU is your Enemy.

I was listening to this cogent presentation by a well known economist. His thinking was sound and he was doing a really good job of explaining his positions with evidence and reason. His method of explanation was easy to understand.

Then he said "You know, economists are very good at setting prices."

It was shocking to me that he would SAY that, let alone THINK that. Guess he has no evidence telling him otherwise?

 

[Arry]

A fair point. It still took people to vote for it, for whatever reason they had. Being increasingly insular, which is exactly what Brexit dictates, is almost a definition of being a Little Englander. Increasing insularisation (is that a word?) has never been good for an economy.

As someone once said: 'The people vill believe the biggest lie'.

 

[shadragon]

You voted for this. You've got what you voted for. Sadly we all have to endure it.

The thing that gets me about this whole mess, is both sides lied during the Brexit vote. Politicians deliberately lied about the pros and cons because winning was more important than educating the electorate. They are still lying to this day. Until politicians are held directly accountable for misleading voters, this will degrade into a pigs breakfast and only get worse with time.

Anyone who thinks Britain standing alone is a good thing needs to look up the year 1939 in their history books. Besides, every single reason the UK is using to leave the EU, is a perfectly valid list of reasons for Scotland to use to leave the UK.

 

[Talarin]

A fair point. It still took people to vote for it, for whatever reason they had. Being increasingly insular, which is exactly what Brexit dictates, is almost a definition of being a Little Englander. Increasing insularisation (is that a word?) has never been good for an economy.

Why does Brexit dictate being more insular? Who says we want to be isolationist? Just because we voted to leave the club of the EU and wanted to regain our own border controls and national sovereignty does not lead to us wanting to close ourselves off from Europe or the rest of the world.

Yet again a narrative has sprung up which doesn't fit any facts; instead serving to fuel people's sense of indignation about the course that we've set ourselves. I expect it from some contributors on these threads, but not you. And, frankly, the issue is complex enough without flannel being thrown at it.

The whole point is to allow us to get out from behind the EU and directly deal with the rest of the world; where the bulk of the world's trade and population are. How people can portray that as a desire to be isolationist is beyond me.

P.S. I second Sunleader's suggestion that another Brexit thread isn't really warranted.

 

[FuzzySpider]

The mistake wasn't Brexit, the mistake was made when joining the EU. This is simply one of many natural consequence of trying to reverse that foolish decision.

It is sort of like marrying a bossy immoral leach. Yes the divorce is COSTLY... but the mistake was saying "I do" in the first place. Not Brexit.

You are extremely wrong about this.

http://voxeu.org/article/britain-s-eu-membership-new-insight-economic-history

Globalism is for fools and academics that think they know what is best.

So much for Brexit being all about a more international outlook.

 

[Boomer Kay]

Why does Brexit dictate being more insular? Who says we want to be isolationist?

http://c8.alamy.com/comp/G3H4W1/lon...spapers-headline-the-morning-after-G3H4W1.jpg

http://68.media.tumblr.com/8495bbfa3ef966d107985046dd014f59/tumblr_oewkpoFhEm1u5f06vo1_1280.jpg

 

[Adept]

Here's a balanced view on Finland and the Euro:

http://bruegel.org/2015/12/finland-and-asymmetric-shocks/

Word. Like I've said, I'm really glad out idiot governments didn't have the option to devalue the currency again.

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I do not envy the position of the Finns. Such a small economy and population. How can they tolerate shock waves? GREAT place but I can't see how they won't have huge repercussions, unfortunately.

Hey, we're doing just fine. A minority of us voted for our version of UKIP unfortunately, which has empowered the worst governing coalition in the country's history, but we're dealing with it. I expect early elections after the summer.

Joining the EU and the Eurozone has helped a lot. It's not great to be a just a small nation next to Russia, and vulnerable to global economic swings. Being a high tech, wealthy member of the EU on the other hand has been sweet.

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I don't think Brexit will have any material effect on Finland at all.

A little. It will mess with some exports to the UK, which will be a bother, but not a huge one.

 

[lysan]

The mistake wasn't Brexit, the mistake was made when joining the EU. This is simply one of many natural consequence of trying to reverse that foolish decision.

It is sort of like marrying a bossy immoral leach. Yes the divorce is COSTLY... but the mistake was saying "I do" in the first place. Not Brexit.

I remember when that was all coming to pass. I remember seeing items on the counter with the price in Euros and Finnish Markka. I was in Finland at the time. I remember clearly the pressure was HIGH for Britain to give up her Pound. THANK GOD for Black Wednesday. It was painful and costly, but it turns out all these years later that there was a silver lining. it was a blessing in disguise. Imagine if Britain was using the EURO.

Globalism is for fools and academics that think they know what is best.

No thanks.

Long live the British Pound Sterling.

Like any good divorce, just leave and see what the other part will do to enforce it's claims

 

[Minonian]

So, to get what they deserve, what they are agreed upon, is obsession?

NEEEXT!

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This is what you get for selling idiots dreams. Welcome to reality, brexiters, enjoy learning you dont just get what you want because some dude said you would.

There are no such thing in reality everything is like a pink dream of a princess with the knight in the white horsey.

Reality, can be nice. But it's also harsh and unforgiving toward idiots, all the time.

 

[Ian Phillips]

We have a Brexit thread here: https://forums.frontier.co.uk/showthread.php/340326-EU-And-Great-Britain-The-Brexit.

Please carry on in there.