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I thought it was a dating site, bit of milfs r us sort of thing.
50 years for the Brexit Dividend
- Thread starter SirGalahad
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Which is what exactly - another fudge. You would most likely have died before seeing any meaningful dividend.
Why not a shorter timescale?
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The benefits will be realised over 50 years - tell me why he didn't say 10 years if Brexit has such strong economic arguments? The marshall plan was shorter and had to deal with the effects of the second world war so why is the benefits will take such a long time to be realised?
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Well it's gonna have to be a hell of a catch up job, since we are now worse off than we were 15 years ago.
And going from the fastest growing economy in the G7 in 2016 (pre referendum) to the slowest growing one now (post referendum) isn't exactly helping!
And going from the fastest growing economy in the G7 in 2016 (pre referendum) to the slowest growing one now (post referendum) isn't exactly helping!
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This Divorce Payment will have to be made, irrespective of the outcome of the negotiations:
Of course others, such as a**e end aka eeyore, and gasbag aka mightygob, and Theresa May/ Dominic Raab, will have a different opinion.
I prefer to believe the opinion of the National Audit Office.
I figure they are a tad more realistic.
Incidentally, that divorce bill has already risen significantly due to the fall in the value of the GBP. It will fall even further in the event of an acrimonious 'no deal' split. The bill is in Euros, not GBP!
It has probably risen to about £42bn by now, so far, merely due to the fall in the value of the pound.
If the foretold chaos and armageddon actually occur, UK could be in a position of never being able to repay it because the fall in the pound will keep pace with the repayments.
https://www.ft.com/content/72252768-47de-11e8-8ae9-4b5ddcca99b3
Of course others, such as a**e end aka eeyore, and gasbag aka mightygob, and Theresa May/ Dominic Raab, will have a different opinion.
I prefer to believe the opinion of the National Audit Office.
I figure they are a tad more realistic.Incidentally, that divorce bill has already risen significantly due to the fall in the value of the GBP. It will fall even further in the event of an acrimonious 'no deal' split. The bill is in Euros, not GBP!
It has probably risen to about £42bn by now, so far, merely due to the fall in the value of the pound.
If the foretold chaos and armageddon actually occur, UK could be in a position of never being able to repay it because the fall in the pound will keep pace with the repayments.
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That needs to be highlighted to show awareness levels of reality. Let's just pretend he didn't say it.
I think he has me on ignore so he won't see this, but it doesn't matter.
Whether you like ree smogg or brexit generally, you have to accept that ree smogg is 1 of the vocal leaders, and is held in high accord by brexit crowd.
So, when pressed, did he find any economic argument for Brexit?
Does 50 years, mean it will be that long before we see any benefit? Maybe not, it probably means 25/30 years beforewe turn the corner and the next 20/25years to reap any benefits. Maybe.
But what he did not say, was ANY economic or other benefit in a lesser timescale. In 50 years so much could happen, the effect of Brexit versus remain will be irrelevant, I don't think there is much doubt over that by either side of the argument.
The big question he didn't answer though. If there is no economic benefit to be realised much less than 50 years, what benefits are there ?
What surprises me though, is that people, a , still don't believe it, and, b, how it emphasises there was no argument for brexit!
Wrong!
MPs will authorise payment once withdrawal agreement deal completed.
The government were utterly stupid to agree divorce payment before trade deal.
All very interesting.
He still didnt say it
If you say so. Did you listen to his interview, and his comments?
Did he produce any economic benefit? He was pressed to do so. It was at that point his 50 year comment came out, and it can be interpreted differently by different people, I agree.
Edit
I gave him the benefit of the doubt over 50 years, meaning 25/30 years to begin to level out and start to climb. How did you interpret it?
So what economic benefit did he produce? Any? He was pressed!
D
durhamplumber
ROFL.....gotta luv em..
But a 'wise person' once said "I realise there is a difference between the payment to cover our obligations and a future subscription to pay to maintain some form of trade agreement"...
You pay up and then negotiate a 'new deal' afterwards...
The UK were the architects of that club rule!
were they?
I've not heard that anywhere.
Article 50 doesn't even provide any requirement for calculating a divorce payment.
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