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Extreme Brexit could be worse than financial crisis for UK: BoE


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39 minutes ago, owl sees all said:

You are right about sleep mkp. I've been up all night debating the Brexit issue, and EU monetary policy with the misses.

 

We, as a country, pay 1 billion pounds a week, to private individuals for the privilege of borrowing their money (what money is it?). This is all set up by the BoE which is itself a private concern, with some 2000 shareholders. However at least 80% of these shares are owned by 4 people (families).

 

If the treasury needs dosh it has to go through the BoE. Europe has become a banker's haven also. The EU wasn't set up to help 'the people' at all. It has slowly morphasized into a monster, where unelected people are acting as mouth pieces for the elites and can't be voted out of office.

 

The UK needs a large dose of openness and honesty. Brexit is the first step IMO.

We, as a country, pay 1 Billion Pounds a week in interest because we were forced to borrow money to cover the deficit left to the country at the time the last Labour governement left office in 2010.....and you want to see Labour voted in again! Really!

 

ukgs_chartDp11t.png

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2 hours ago, Basil B said:

It is disheartening that a few hardline Brexiteers devoid of intelligent and rational thinking can wreak our countries future...

 

1 hour ago, dick dasterdly said:

And yet again - a remainer has to resort to insults....

 

By the way, I assume you meant 'wreck' rather than "wreak".....

 

27 minutes ago, Basil B said:

I do not know what Labour wants, they pretend to answer the question with meaningless woffel. 

 

Just now, SunsetT said:

'woffel'? Are you a German spy?

You misunderstand - the poster is clearly intelligent and rational thinking - but unable to use spell check 😁.

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2 minutes ago, dick dasterdly said:

 

 

 

You misunderstand - the poster is clearly intelligent and rational thinking - but unable to use spell check 😁.

Well I do use a spell check but I have a USA checker which I continually have too correct...😂

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I hope the Brexiteer expats ranting on here,have the required lump sum in the bank,as many will not make the income test,if the pound falls to parity with the dollar,i guess they won't be so happy then,when it affects THEM,maybe they can return to glorious Brittania, one tip take a sleeping bag and some cardboard with you.
I think you'll find that most brexiteers are fully aware that as with any major political change, there is likely to be some pain, certainly in the short term, that may well make their own lives more difficult. That brexiteers still believe as they do, in spite of that, should indicate the strength of their beliefs.

Personally I'm more inclined to be suspicious of those who support something that just so happens to also personally benefit themselves, aren't you? Do you believe the intentions of the politician who's trying to pass a bill that will make his family business richer, or the one who's trying to pass a bill that might make his family business struggle?

Maybe all those "remoaner expats ranting on here" actually don't give a fig about Britain, it's future or the people living in it, but just worry about how many baht next month they'll get for their pound, and that's why they are so passionately against Brexit happening.

Sent from my SM-G610F using Thailand Forum - Thaivisa mobile app

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31 minutes ago, simoh1490 said:

We, as a country, pay 1 Billion Pounds a week in interest because we were forced to borrow money to cover the deficit left to the country at the time the last Labour governement left office in 2010.....and you want to see Labour voted in again! Really!

 

ukgs_chartDp11t.png

This National Debt thing is a Red Herring. It's not real money at all. In fact it doesn't exist. It's a con that the bankers have been playing for hundreds of years.

 

China is breaking the banker's stronghold, especially in Africa.

 

The vast majority of money (currency) is fictitious. Where does this money come from? Who are the private powers behind the PRIVATE; FED, World Central Banks, IMF, BoE etc?

 

People need to wake up and smell the coffee. Especially the USA people who's debt to private individuals is half billion dollars for every man woman and child.

 

ps; The UK debt is around 4 trillion pounds.

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1 minute ago, owl sees all said:

This National Debt thing is a Red Herring. It's not real money at all. In fact it doesn't exist. It's a con that the bankers have been playing for hundreds of years.

 

China is breaking the banker's stronghold, especially in Africa.

 

The vast majority of money (currency) is fictitious. Where does this money come from? Who are the powers behind the PRIVATE; FED, World Banks, IMF, BoE etc?

 

People need to wake up and smell the coffee. Especially the USA people who's debt to private individuals is half billion dollars for every man woman and child.

 

ps; The UK debt is around 4 trillion pounds.

Phew, thank God for that! So if the debt is not real the interest can't be real either ergo we shouldn't just go through the process of being seen to pay soemthing that doesn't exist.........I feel so much better now that you've reassured us on that point!

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7 hours ago, OneMoreFarang said:

And what do you think will happen after Brexit? Will the UK produce all they need within their own borders? Do they even have enough people to care about the old people?

Do you think the EK needs to trade with other countries? How do you think that will happen? Will the EU change their standards so that the UK can sell whatever they want to the EU? Or does the UK have to work according to EU standards to sell something to them?

Or do you think the UK will just trade with the USA, China, other countries but not the EU?

Look at reality. Then maybe you can still say you don't like the EU but maybe you will understand that they are better than any alternative.

I thought you said you'd done your research?  Clearly not 🤔 😅

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6 minutes ago, dick dasterdly said:

"The UK needs a large dose of openness and honesty. Brexit is the first step IMO."

 

And this will only happen if brexit actually happens, forcing the elite/establishment to actually think about ordinary people as a result of the brexit vote.

The elite/establishment ......'think about ordinary people'??? You must be joking! Have you seen what the current UK Conservative government's austerity programme has done and is still doing to ordinary people in the UK: https://www.newstatesman.com/politics/uk/2016/06/un-declares-uk-s-austerity-policies-breach-international-human-rights

 

Over 300,000 are homeless: https://www.theguardian.com/society/2017/nov/08/one-in-every-200-people-in-uk-are-homeless-according-to-shelter

 

Well over 100,000 deaths have been attributed to cruely implemented welfare cutbacks indiscriminately implemented hitting many obviously genuinely disabled people:

https://www.independent.co.uk/news/health/tory-austerity-deaths-study-report-people-die-social-care-government-policy-a8057306.html.

 

Well over a million are now dependent on foodbanks: https://www.independent.co.uk/news/uk/home-news/food-bank-uk-benefits-trussell-trust-cost-of-living-highest-rate-a8317001.html

 

The NHS and social care services are virtually on their knees due to government funding being deliberately cut to the bone in order to pave the way for privatisation: https://www.independent.co.uk/news/uk/politics/privatisation-agenda-drives-tory-policy-on-nhs-says-andy-burnham-9052640.html

 

https://www.theguardian.com/society/2016/aug/15/creeping-privatisation-nhs-official-data-owen-smith-outsourcing.

 

So many 'ordinary' working class British 'people' who voted for Brexit do not see that Brexit will hand absolute power back to the public school British establishment/elite ruling class on a plate, and their greedy nest-feathering self-serving uncaring power will no longer be moderated by the more Socialist policies of the EU government.

 

 

 

 

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1 hour ago, dick dasterdly said:

"The UK needs a large dose of openness and honesty. Brexit is the first step IMO."

 

And this will only happen if brexit actually happens, forcing the elite/establishment to actually think about ordinary people as a result of the brexit vote.

The elite/establishment ......'think about ordinary people'??? You must be joking! Have you seen what the current UK Conservative government's austerity programme has done and is still doing to ordinary people in the UK: https://www.newstatesman.com/politics/uk/2016/06/un-declares-uk-s-austerity-policies-breach-international-human-rights

 

Over 300,000 are homeless: https://www.theguardian.com/society/2017/nov/08/one-in-every-200-people-in-uk-are-homeless-according-to-shelter

 

Well over 100,000 deaths have been attributed to cruely implemented welfare cutbacks indiscriminately implemented hitting many obviously genuinely disabled people:

https://www.independent.co.uk/news/health/tory-austerity-deaths-study-report-people-die-social-care-government-policy-a8057306.html.

 

Well over a million are now dependent on foodbanks: https://www.independent.co.uk/news/uk/home-news/food-bank-uk-benefits-trussell-trust-cost-of-living-highest-rate-a8317001.html

 

The NHS and social care services are virtually on their knees due to government funding being deliberately cut to the bone in order to pave the way for privatisation: https://www.independent.co.uk/news/uk/politics/privatisation-agenda-drives-tory-policy-on-nhs-says-andy-burnham-9052640.html

 

https://www.theguardian.com/society/2016/aug/15/creeping-privatisation-nhs-official-data-owen-smith-outsourcing.

 

So many 'ordinary' working class British 'people' who voted for Brexit do not see that Brexit will hand absolute power back to the public school British establishment/elite ruling class on a plate, and their greedy nest-feathering self-serving uncaring power will no longer be moderated by the more Socialist policies of the EU government.

 

 

....I forgot to mention that the British public are now more than ever controlled and manipulated by the biased propaganda machine of the British Establishment/Elite known to us all as the BBC. So again, after Brexit, this bias will be less subject to a more objective European scrutiny.

 

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1 hour ago, Opl said:

Fog in the Channel… the wealthiest demagogues who sold the Brexit to the people: Jim Ratcliffe escaped to Monaco, Jacob Rees-Mogg launched two investment funds in Ireland via his management company Somerset Capital Management. John Redwood, long-time Eurosceptic MP and chief strategist at the management company Charles Stanley, advised his clients to invest their money outside the UK, show you the way..

i too have all my money offshore, but i get paid in pound sterling which the bank here converts to baht,i left the uk 22 years ago,best move i made,went back once 2008,won't be going back again

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Do the arguments in this thread conform to EU regulations?

Article 13, has the potential to allow anyone, anywhere in the world, to effect mass, rolling waves of censorship across the Internet.

EU Copyright Directive.

Yeah, lets remain.

 

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i too have all my money offshore, but i get paid in pound sterling which the bank here converts to baht,i left the uk 22 years ago,best move i made,went back once 2008,won't be going back again
So as someone who doesn't like the country and won't be going back, is it fair to say that your opinion on Brexit might not be particularly shaped by what might be best for the country, but by what you think will be best for your bank balance?

Sent from my SM-G610F using Thailand Forum - Thaivisa mobile app

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8 hours ago, OneMoreFarang said:

Everybody who looks at the facts, and the thousands or articles about the facts, knows since a long time that Brexit, any form of Brexit, just doesn't make any sense. It's obvious.

But then there are the people who believe charlatans like Boris Johnson and others. They dream about unicorns and then complain that politicians and the EU won't deliver them.

By now this in not about logic anymore. It's about people who don't want to admit they were wrong. Unfortunately there are many of those people.

Another propagandised and brainwashed Remainer dons the sackcloth and ashes. How pathetic. People who feel as you do should put your money and principles where your mouth is and emigrate to the EU - while you still have time.

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8 hours ago, OneMoreFarang said:

Everybody who looks at the facts, and the thousands or articles about the facts, knows since a long time that Brexit, any form of Brexit, just doesn't make any sense. It's obvious.

But then there are the people who believe charlatans like Boris Johnson and others. They dream about unicorns and then complain that politicians and the EU won't deliver them.

By now this in not about logic anymore. It's about people who don't want to admit they were wrong. Unfortunately there are many of those people.

The chant will be "project fear" as it always is.  Day after day as the folly of Brexit is exposed the Brexiteers always come up with the same response.  Two years on and I am still waiting for them to give us a "project  positive".  Never going to come I suspect as one by one their reasons for leaving are shown to be impossible to deliver.

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