General / Off-Topic UK Calls General Election for 8th June 2017

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Now we come to the plague of economies - debt:
http://cdn.static-economist.com/sites/default/files/20160220_pdebt.png?1455809408

While the eastern countries don't have a high GDP, their debt is also -unsurprisingly- very low, so they are in a much much better position long-term than even Germany, who will have to lower it's debt and live a sustainable model.
The 2008 economic crisis - caused by the US and it's terrible form of capitalism - had a very negative impact on all of the EU. Question is not how large or small an economy is, but how willing it is to get it's act together and move forward.


Some of those number are due for revision. Ireland's debt to gdp ratio will be down to 76% by the end of 2017 from a high of ~120% in 2012, with plans for a target of 45% by the mid 2020`s. In 2007, previous to the 2008 banking crash and the socialising of private bank debt, Ireland`s debt to gdp ratio was one of the lowest in Europe at less than 25% of gdp. At 76% we are currently in the same league as Germany and a lot less indebted than the rest despite the bank bailout, including the UK which is at ~90% of gdp with a forecast debt of 2 trillion pounds by the mid 2020`s.

Ireland`s budget deficit by the end of 2017 is forecast to be 0.5%, from a high of 32.3% in 2010, due of course to the bank bailout. Consequently Ireland will be running a healthy budget surplus by 2018.Unemployment was 6.6% as of February 2017 and dropping.

http://www.tradingeconomics.com/ireland/government-budget

https://www.rte.ie/news/budget-2017/2016/1011/823185-debt-to-gdp-target/

http://www.economicshelp.org/blog/3118/economics/ireland-national-debt/
 
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At 76% we are currently in the same league as Germany and a lot less indebted than the rest despite the bank bailout, including the UK which is at ~90% of gdp with a forecast debt of 2 trillion pounds by the mid 2020`s.

That's why I refuse to call it "the german model" - it's "the sustainable model". You can either follow it, or you default sooner or later. Which is also not a great option, since the 2008 crisis should have shown more than clearly that a country does not have to be part of the EU to shoot the EU in the knee with it's own economic crisis.

And the election?

https://twitter.com/hrtbps/status/854582496704573440

That would be oodles of fun now, wouldn't it? [big grin]
Could she get a "general" seat if she's not directly elected back to parliament?
 
Some of those number are due for revision. Ireland's debt to gdp ratio will be down to 76% by the end of 2017 from a high of ~120% in 2012, with plans for a target of 45% by the mid 2020`s. In 2007, previous to the 2008 banking crash and the socialising of private bank debt, Ireland`s debt to gdp ratio was one of the lowest in Europe at less than 25% of gdp. At 76% we are currently in the same league as Germany and a lot less indebted than the rest despite the bank bailout, including the UK which is at ~90% of gdp with a forecast debt of 2 trillion pounds by the mid 2020`s.

Ireland`s budget deficit by the end of 2017 is forecast to be 0.5%, from a high of 32.3% in 2010, due of course to the bank bailout. Consequently Ireland will be running a healthy budget surplus by 2018.Unemployment was 6.6% as of February 2017 and dropping.

http://www.tradingeconomics.com/ireland/government-budget

https://www.rte.ie/news/budget-2017/2016/1011/823185-debt-to-gdp-target/

http://www.economicshelp.org/blog/3118/economics/ireland-national-debt/


Incorrect and 70% of your remarks are fake remarks.

Irish Debt per Citizen 46,025€


Irish Debt as % of GDP 81.62% - as of today.

The Irish debt Source: Irish Government Data

http://www.nationaldebtclocks.org/debtclock/ireland

Ireland had UK help , we bailed bailed them out with British taxpayers which funded Ireland's £14bn bail-out.

http://www.telegraph.co.uk/finance/...-taxpayers-funded-Irelands-14bn-bail-out.html

Ireland was bailed out yet again by the UK in 2015 to the sum of 7 billion.

https://www.theguardian.com/business/2010/nov/22/ireland-bailout-uk-lends-seven-billion


Irelands economy and survival, ironically is linked to the UK, so if the EU makes it hard for us to trade with the EU , Ireland will suffer worse than Greece.

Why Brexit would be bad for trade between Britain and Ireland, UK is Irelands biggest trade partner and they are panicking like a family of rabbits caught in car head lights. Because un like the UK we are creating trade deals around the world as of now, as part of our escape plan from the EU dictatorship. Ireland cannot .

http://www.irishtimes.com/opinion/w...r-trade-between-britain-and-ireland-1.2693469

Value of Goods Imports and Exports between the UK and the Republic of Ireland 1996-2015

http://www.britishirishchamber.com/value-of-goods-1996-2015/

This is why the UK have the EU by its throat, if they screw with us they screw with many other countries that trade with us within the EU and they sell more to us than we do them.



UK debt facts

http://www.telegraph.co.uk/business/2016/02/19/how-large-is-the-uks-national-debt-and-why-does-it-matter/
 
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Irish Debt as % of GDP 81.62% - as of today.

He said "will be down", but yea - let's not read what people wrote.
GB has a trade surplus with Ireland. Germany (world export vice champion) would never ever ever consider taking those tasty deals and supply goods and services to a country that's actually trying to increase it's stability to make up for that tremendous loss. Never. Pinkyswear. [haha]

Here's the more detailed analysis - UK isn't even no1 in Irish Exports, that's the US, followed by BeLux:
http://atlas.media.mit.edu/en/profile/country/irl/#Trade_Balance
 
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He said "will be down", but yea - let's not read what people wrote.
GB has a trade surplus with Ireland. Germany (world export vice champion) would never ever ever consider taking those tasty deals and supply goods and services to a country that's actually trying to increase it's stability to make up for that tremendous loss. Never. Pinkyswear. [haha]

You did not read the Irish government source that showed the debt was NOT gowing down but going UP did you, you only have to click on the link to see it to prove i was correct to say his remarks were false. Ireland do not forcast their debt going down as he claimed did. So as i said they were fake remarks.

I do keep telling you to read the sources of fact , it stops you making these mistakes.
 
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You're not talking about the debt clock, are you?



No we are talking about Irish debt and where his figures were incorrect , keep up, read what he says and the comments i replied with and the links about the Irsh debt. Forget about trade for the moment, he was not talking about that, only i was in relation to the EU. and only imports not export

Ireland is being bailed out by the UK constantly over the last decade and it does not look likely that will stop. The links i gave show you the facts, after all it is simple logic that if we bail them out with billions (over 20 billion)their debt must grow.

The Irish government source i gave also are saying this .
 
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The only league Ireland and Germany co-inhabit is occasional WC/Euro Qualifying.

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No we are talking about Irish debt and where his figures were incorrect , keep up read what he says and the comments i replied with the links about Irsh debt. Forget about trade for the moment, he was not tlaking about that, only i was in relation to the EU. keep to the topic it helps.
Ireland is being bailed out by the UK constantly over the last decade and it does not look likely that will stop. The links i gave show you the facts.

The Irish government source also are saying this .

Completely true.
 
Ireland is being bailed out by the UK constantly over the last decade and it does not look likely that will stop. The links i gave show you the facts, after all it is simple logic that if we bail them out with billions (over 20 billion)their debt must grow.

"We"?

"Ireland's banks brought the country to its knees and forced the government into a €67.5bn (£56.5bn) international rescue, including £7bn from the UK Government."

So generous. D'awwww. You payed about 12% of the tap but saved ze day. Ze Empire Strikes back. :rolleyes:
 
Keeping to the thread topic and steering away from the Anti British Racists comments coming from within the EU, more news, Some of the Labour quitting MPs today, Andy Burnham, Tom Blenkinsop, Gisela Stuart, Alan Johnson.


It is like watching rats leaving the sinking ship. NINE in total are now leaving Labour because of Corbyn. At the same time Tories are growing to be more powerful than under Thatchers Government. This is of course what occurs when you have Welsh and Scottish MPs and English ones, who have been constantly abusing the English for over a decade, now they are awkening and bitting back. The beginning was Brexit, which i proudly voted for and which i still hope is the catalyst for the EU destruction.
 
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No we are talking about Irish debt and where his figures were incorrect , keep up, read what he says and the comments i replied with and the links about the Irsh debt. Forget about trade for the moment, he was not talking about that, only i was in relation to the EU. and only imports not export

Ireland is being bailed out by the UK constantly over the last decade and it does not look likely that will stop. The links i gave show you the facts, after all it is simple logic that if we bail them out with billions (over 20 billion)their debt must grow.

The Irish government source i gave also are saying this .

More drivel, Ireland exports more to Belgium than the UK, and the bilateral loan (circa 3.2 billion I think) as I have posted here previously to yourself probably is being paid back with interest, due to mature in 2021.

http://atlas.media.mit.edu/en/profile/country/irl/

You can`t argue with the trends as I have previously posted 2012 debt to gdp 120% end of 2017 forecast 76%. Current budget deficit 0.5% down from ~30% in 2010.
How is the UK performance in relation to that, have a listen to US investor Jim Rodgers on Bloomberg in relation the the UK future and sterling minus Scotland, pretty grim, with it huge debt and horrendous balance of payments. Take heed form the guy that is investing his money. He even slips up and calls the rUk little England.

https://www.bloomberg.com/news/vide...s-asks-if-scotland-pushes-pound-to-0-80-video

You spite and self denial is blinding strong.

Edit re the UK loan for 3.2 billion,
http://www.thejournal.ie/ireland-interest-repayment-to-britain-1120288-Oct2013/

update the Irish Times 19/4/2017, the UK has received 428 million euro interest, a good investment I`d say and no charity.

http://www.irishtimes.com/business/...400m-in-interest-on-uk-bailout-loan-1.3053791
 
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"We"?

"Ireland's banks brought the country to its knees and forced the government into a €67.5bn (£56.5bn) international rescue, including £7bn from the UK Government."

So generous. D'awwww. You payed about 12% of the tap but saved ze day. Ze Empire Strikes back. :rolleyes:

To be honest I thought the figure was in the region of 7 billion as well but it looks like 3.2 billion was the number in the end. regardless ~430 million interest to date is a nice return. If only the UK`s other business investments were as successful as those with Ireland, pity.
 
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More drivel, Ireland exports more to Belgium than the UK, and the bilateral loan (circa 3.2 billion I think) as I have posted here previously to yourself probably is being paid back with interest, due to mature in 2021.

http://atlas.media.mit.edu/en/profile/country/irl/

You can`t argue with the trends as I have previously posted 2012 debt to gdp 120% end of 2017 forecast 76%. Current budget deficit 0.5% down from ~30% in 2010.
How is the UK performance in relation to that, have a listen to US investor Jim Rodgers on Bloomberg in relation the the UK future and sterling minus Scotland, pretty grim, with it huge debt and horrendous balance of payments. Take heed form the guy that is investing his money. He even slips up and calls the rUk little England.

https://www.bloomberg.com/news/vide...s-asks-if-scotland-pushes-pound-to-0-80-video

You spite and self denial is blinding strong.

Edit re the UK loan for 3.2 billion,
http://www.thejournal.ie/ireland-interest-repayment-to-britain-1120288-Oct2013/

update the Irish Times 19/4/2017, the UK has received 428 million euro interest, a good investment I`d say and no charity.

http://www.irishtimes.com/business/...400m-in-interest-on-uk-bailout-loan-1.3053791

The Republic of Ireland's current official national debt, you say one thing your own country says another. Again your figures are not the same as the links i sourced.
http://www.financedublin.com/debtclock.php
 
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Keeping to the thread topic and steering away from the Anti British Racists comments coming from within the EU, more news, Some of the Labour quitting MPs today, Andy Burnham, Tom Blenkinsop, Gisela Stuart, Alan Johnson.


It is like watching rats leaving the sinking ship. NINE in total are now leaving Labour because of Corbyn. At the same time Tories are growing to be more powerful than under Thatchers Government. This is of course what occurs when you have Welsh and Scottish MPs and English ones, who have been constantly abusing the English for over a decade, now they are awkening and bitting back. The beginning was Brexit, which i proudly voted for and which i still hope is the catalyst for the EU destruction.

There is some entertainment value in your crazy ranting, but the spamming has gotten out of hand. Off to the Ignore list you go. Enjoy your nationalist fantasies in peace.
 
Come on Patrick you know that's nonsense. Ireland before the Norman invasion was the land of Saint's and Scholars. It kept the light of western civilisation burning on Europe's fringe's during the early middle ages when Europe went dark. It preserved and transcribed the great works of western civilisation in monasteries throughout Ireland and became a centre of learning receiving the sons of many of Europe's great houses for the purpose of education. Irish monks such as Colum Cille and Columbanus took their Celtic christianity and learning to Britain via Scotland and also brought civilisation, learning and christianity back into large parts of Europe, building new monasteries and centres of learning. They had no armies, no weapons, just their knowledge, their faith and their determination to improve the lives of others. They changed the course of western civilisation without bringing the sword or having an army at their back. That was an achievement to surpass any conquering army, to better the lot of and improve the life of your fellow man.

https://en.m.wikipedia.org/wiki/Columbanus

https://en.m.wikipedia.org/wiki/Columba

https://youtu.be/kfWiigAoDfs

Obviously that I know well that there are not only the UK and France as the great country :) ---- However, few countries have the reputation of being "the country of Enlightenment" ;)
 
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To be honest I thought the figure was in the region of 7 billion as well but it looks like 3.2 billion was the number in the end. regardless ~430 million interest to date is a nice return. If only the UK`s other business investments were as successful as those with Ireland, pity.

Because The British people unlike the Irish, were screwed into paying the biggest payments into the EU , as we keep saying that is one of the reason why we voted out, we want the billions wasted on the EU evey year stopped and to be paid on OUR own people. Once we have got rid of the eu Dictatorship, We can start to sort our own affairs out. IT is the EU that has sent our debt to high.
 
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The Republic of Ireland's current official national debt, you say one thing your own country says another.
http://www.financedublin.com/debtclock.php

http://www.nationaldebtclocks.org/debtclock/unitedkingdom, thats the UK`s if you`re interested, it seem to be ticking up a good deal faster ;)

Have you read what i previously posted, how did you like Mr Rodgers forecast, he backs up what I have been telling you. You are confirming that Ireland will probably surpass its target, thanks


More drivel, Ireland exports more to Belgium than the UK, and the bilateral loan (circa 3.2 billion I think) as I have posted here previously to yourself probably is being paid back with interest, due to mature in 2021.

http://atlas.media.mit.edu/en/profile/country/irl/

You can`t argue with the trends as I have previously posted 2012 debt to gdp 120% end of 2017 forecast 76%. Current budget deficit 0.5% down from ~30% in 2010.
How is the UK performance in relation to that, have a listen to US investor Jim Rodgers on Bloomberg in relation the the UK future and sterling minus Scotland, pretty grim, with it huge debt and horrendous balance of payments. Take heed form the guy that is investing his money. He even slips up and calls the rUk little England.

https://www.bloomberg.com/news/video...-to-0-80-video

You spite and self denial is blinding strong.

Edit re the UK loan for 3.2 billion,
http://www.thejournal.ie/ireland-int...20288-Oct2013/

update the Irish Times 19/4/2017, the UK has received 428 million euro interest, a good investment I`d say and no charity.

http://www.irishtimes.com/business/e...loan-1.3053791

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Because our people unlike the irish were screwed in paying the biggest payments into the EU. That all ends

Stay off the beer this early in the day.
 
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Mickey Mouse Economics.

GDP Per capita:
https://i.imgur.com/e1Rk2gI.jpg

Looks good for the larger countries .. except:

https://gefira.org/wp-content/uploads/2016/05/Europe-NUTS.png
Parts of the UK are on Romanian level of GDP. France is largely underdeveloped apart from a few centres at the usual suspect regions.

Well, that's the status quo - development wise:
http://cdn.static-economist.com/sites/default/files/20160220_gdp16.png?1455809579

New EU Members actually outperform the old ones in growth. Quite simple actually - how do you grow a saturated market? You don't. Unless you force consumers to buy,buy,buy by giving goods artificial lifespan and you replace your car every 2 years and your furnace every 5 years, because it just breaks down.

Now we come to the plague of economies - debt:
http://cdn.static-economist.com/sites/default/files/20160220_pdebt.png?1455809408

While the eastern countries don't have a high GDP, their debt is also -unsurprisingly- very low, so they are in a much much better position long-term than even Germany, who will have to lower it's debt and live a sustainable model.
The 2008 economic crisis - caused by the US and it's terrible form of capitalism - had a very negative impact on all of the EU. Question is not how large or small an economy is, but how willing it is to get it's act together and move forward.

Good post here. With this economic analysis, I am skeptical of the ability of EU countries to move in the same direction
 
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