Paphitis wrote:Oh check out the arrogance of this French MEP!
Well if what she say's is true, it is the EU that is causing the problems with the Irish backstop which the British Parliament don't want to accept.
Therefore, NO DEAL BREXIT is a the default position.
BOJO has to stick to his guns now and refuse to even go to Strasbourg and meet with any EU blackmailers.
Let the count down begin...
Kikapu wrote:Paphitis wrote:Oh check out the arrogance of this French MEP!
Well if what she say's is true, it is the EU that is causing the problems with the Irish backstop which the British Parliament don't want to accept.
Therefore, NO DEAL BREXIT is a the default position.
BOJO has to stick to his guns now and refuse to even go to Strasbourg and meet with any EU blackmailers.
Let the count down begin...
The French MEP was spot on with her every point.
You have to understand that, the UK has been a cry baby in wanting special treatment from the EU ever since they became a member and they are still doing it. The EU has had enough of the UK‘s BS, so they are now telling the UK, we are not going to take away the backstop, to make sure the Good Friday agreement does not get watered down, which the UK themselves are signatory to that agreement. Sounds to me like, the EU has been expecting a no deal Brexit for a long time and they have been prepared for it, knowing that the UK would always come back for more concessions from the EU no matter how much the EU gave the cry babies. The problem now lies with the British parliament and the British people to sort out their own crap on Brexit, because the EU is not willing to play Boris‘s/Trump’s games.
Kikapu wrote:The way I see things, the EU has got one of Boris‘s and the Brexit‘s balls in one hand with the Backstop and the British parliament has the other with the no deal Brexit. If Boris only have one ball, then the EU and the BP will have to take turn squeezing it. Ouch!
Neoliberalism Has Met Its Match in China - Posted on August 9, 2019 by Ellen Brown
When the Federal Reserve cut interest rates on July 31st for the first time in more than a decade, commentators were asking why. According to official data, the economy was rebounding, unemployment was below 4%, and GDP growth was above 3%. If anything, by the Fed’s own reasoning, it should have been raising rates.
The explanation of market pundits was that we’re in a trade war and a currency war. Other central banks were cutting their rates and the Fed had to follow suit, in order to prevent the dollar from becoming overvalued relative to other currencies. The theory is that a cheaper dollar will make American products more attractive on foreign markets, helping our manufacturing and labor bases.
Over the weekend, President Trump followed the rate cuts by threatening to impose a new 10% tariff on $300 billion worth of Chinese products effective September 1st. China responded by suspending imports of U.S. agricultural products by state-owned companies and letting the value of the Yuan drop. On Monday, August 5, the Dow Jones Industrial Average dropped nearly 770 points, its worst day in 2019. The war was on.
................
America’s chief competitor in the trade war is obviously China, which subsidizes not just worker costs but the costs of its businesses. The government owns 80% of the banks, which make loans on favorable terms to domestic businesses, especially state-owned businesses. Typically, if the businesses cannot repay the loans, neither the banks nor the businesses are put into bankruptcy, since that would mean losing jobs and factories. The non-performing loans are just carried on the books or written off. No private creditors are hurt, since the creditor is the government, and the loans were created on the banks’ books in the first place (following standard banking practice globally).
As observed by Jeff Spross in a May 2018 Reuters article titled “China’s Banks Are Big. Too Big?”:
Because the Chinese government owns most of the banks, and it prints (creates) the currency, it can technically keep those banks alive and lending forever.…
It may sound weird to say that China’s banks will never collapse, no matter how absurd their lending positions get. But banking systems are just about the flow of money.
Full article ..........
https://ellenbrown.com/2019/08/09/neoliberalism-has-met-its-match-in-china/
Kikapu wrote:Paphitis wrote:Oh check out the arrogance of this French MEP!
Well if what she say's is true, it is the EU that is causing the problems with the Irish backstop which the British Parliament don't want to accept.
Therefore, NO DEAL BREXIT is a the default position.
BOJO has to stick to his guns now and refuse to even go to Strasbourg and meet with any EU blackmailers.
Let the count down begin...
The French MEP was spot on with her every point.
You have to understand that, the UK has been a cry baby in wanting special treatment from the EU ever since they became a member and they are still doing it. The EU has had enough of the UK‘s BS, so they are now telling the UK, we are not going to take away the backstop, to make sure the Good Friday agreement does not get watered down, which the UK themselves are signatory to that agreement. Sounds to me like, the EU has been expecting a no deal Brexit for a long time and they have been prepared for it, knowing that the UK would always come back for more concessions from the EU no matter how much the EU gave the cry babies. The problem now lies with the British parliament and the British people to sort out their own crap on Brexit, because the EU is not willing to play Boris‘s/Trump’s games.
Lordo wrote:Kikapu wrote:Paphitis wrote:Oh check out the arrogance of this French MEP!
Well if what she say's is true, it is the EU that is causing the problems with the Irish backstop which the British Parliament don't want to accept.
Therefore, NO DEAL BREXIT is a the default position.
BOJO has to stick to his guns now and refuse to even go to Strasbourg and meet with any EU blackmailers.
Let the count down begin...
The French MEP was spot on with her every point.
You have to understand that, the UK has been a cry baby in wanting special treatment from the EU ever since they became a member and they are still doing it. The EU has had enough of the UK‘s BS, so they are now telling the UK, we are not going to take away the backstop, to make sure the Good Friday agreement does not get watered down, which the UK themselves are signatory to that agreement. Sounds to me like, the EU has been expecting a no deal Brexit for a long time and they have been prepared for it, knowing that the UK would always come back for more concessions from the EU no matter how much the EU gave the cry babies. The problem now lies with the British parliament and the British people to sort out their own crap on Brexit, because the EU is not willing to play Boris‘s/Trump’s games.
now hang on a minute, we have here people like bafidi and a few other assholes who convinced themselves that the europeans are petrified of no deal brexit. you can't go around showing them how stupid they have been.
they insist that german car manufacturers will pull out a rabbit out of a hat and give us everything we want. they forget that the reason why they wanted to leave was that never mind individual companies, the individual countries could not make deals.
the problem with being an asshole is that it a state of mind and full of arrogance in beleieving their view no matter how many people point out the holes in their thinking.
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