Brexit, the economy and house prices part 5

phillw

Filo25 wrote: »

The idea remains that through fiscal transfers to the poorer nations (and indeed poorer regions in richer nations) will eventually help to raise those markets up to the level where they can contribute more and need less assistance from the wealthier areas.

Not radically different to how any country's finances tend to work, in the UK you could say the same about London and the South East effectively supporting the rest of the country.

Sure, the 350 million a week was calculated very much like corporation tax. The not xenophobic in any way leavers however don't think that money should be given away to not british people, or if it is then it shouldn't be decided by not british people. Because apparently not british people can't make the right decision and might give it to the wrong not british people.

Rinoa wrote: »

The 'divorce bill' is far more than that.

There is money that we promised in the past but haven given yet as well as money we promised to give in the future which we haven't paid yet. That is essentially it. You can't really blame the EU, they acted in good faith.

kabayiri wrote: »

But...they should always understand they need to always be flexible and replan when required. Nobody can fully predict a global market crash for example. An outbreak of war somewhere could be all that is needed to trigger a need to rethink things.

I reckon they'd be a lot more amenable if it wasn't just that we threw our toys out of the pram because some rich white men whipped us up into a frenzy. They do seem to be more flexible than we deserve.

ukcarper wrote: »

Does that amount to 10 years or more net payments.

Very possibly as not all agreed funding is for the future, some of it (like pensions) are paid in arrears.

I blame the leavers for shutting down all debate before the referendum as there was talk of the divorce bill, but everything was labelled project fear.

Herzlos

vivatifosi wrote: »

In addition to a third of the countries being net contributors, you also have to factor in our size as an economy. We don't contribute 1/28th of EU GDP but approximately 1/6th. That's a lot to lose.

I work it out to be nearer 1/12th of the budget

Moby

James Dyson on Andrew Marr this morning.....'Brexit will allow us business owners to have more flexibility with our labour force'....Marr said you mean 'more control to hire and fire' ...Dyson said 'yes'!

phillw

Moby wrote: »

James Dyson on Andrew Marr this morning.....'Brexit will allow us business owners to have more flexibility with our labour force'....Marr said you mean 'more control to hire and fire' ...Dyson said 'yes'!

Not a surprise, the EU only red tape that any leaver business owner could name they wanted to get rid of during the run up to the referendum was the working time directive.

Unfortunately most of the voters were too busy being scared of marauding immigrants to notice.

vivatifosi

Herzlos wrote: »

I work it out to be nearer 1/12th of the budget

My wording wasn't clear, sorry. In 2014 we contributed 1/6th of the total EU GDP or thereabouts, not necessarily 1/6th of budget, which I didn't know the number for.

Herzlos

vivatifosi wrote: »

My wording wasn't clear, sorry. In 2014 we contributed 1/6th of the total EU GDP or thereabouts, not necessarily 1/6th of budget, which I didn't know the number for.

Thanks. It was probably a misreading on my part

Moby

The country is being run by Boris Johnson and Michael Gove.....shocking.

vivatifosi

Moby wrote: »

The country is being run by Boris Johnson and Michael Gove.....shocking.

And this is precisely what I was talking about when I said that the government could fall. Nothing to do with the DUP. Nothing to do with a Remain campaign. It's all down to Pinky and Perky and their Machiavellian tendencies.

It's as though they can't help themselves. Johnson has a powerful job. The Iran case has shown that he's not particularly good at it. Yet he still wants more. And he wants it enough to pair up with someone who has already stabbed him in the back once.

You couldn't make it up.

Eric_the_half_a_bee

Moby wrote: »

The country is being run by Boris Johnson and Michael Gove.....shocking.

Two leading members of the Leave campaign which attracted 17.4m votes press May to implement those votes .... not shocking

Filo25

Eric_the_half_a_bee wrote: »

Two leading members of the Leave campaign which attracted 17.4m votes press May to implement those votes .... not shocking

I doubt BoJo cares less about the issue beyond how he can use it to further his leadership ambitions, right after the referendum he appeared to be calling for a soft Brexit.