UK not paying Brexit bill would be debt default, French source says

[Billy The Kid]

Turning into a new Zimbabwe springs to my mind .... ????

[Kasane]

10 minutes ago, Orton Rd said:

Unfortunately karma is a myth for sheep and what goes around does not come around. We should send the French a bill for liberating them twice from the Germans in two wars.

Revisionist history is for sheep. 

[Orton Rd]

We did not rescue them after all then, along with the Yanks?

[Chomper Higgot]

22 minutes ago, wombat said:

er.....just to recap on 3 years ago

 

https://www.poundsterlinglive.com/best-exchange-rates/british-pound-to-thai-baht-exchange-rate-on-2016-06-10

[Chomper Higgot]

2 minutes ago, Orton Rd said:

We did not rescue them after all then, along with the Yanks?

Well I certainly didn’t, did you?

[sammieuk1]

Baloney Boris is back in town and is ready for the challenge first eliminate the charlie filled nose of Gove second don't pay the bill why did no one else think of this get the bus ready for the slogan BUY EURO'S and take back control ????

[JonnyF]

Unfortunately for this "French source", french sources do not decide this. If push comes to shove the international court of justice will decide. This will take many, many years and most likely will result in the UK being liable for a fraction of the 39 billion, paid over many years, completely messing up the EU's budgeting process.

 

I bet they're starting to wish they'd given an inch in negotiations. Time limiting the backstop would have prevented all of this but they wanted to have their cake and eat it. They wanted to tie the UK in via the backstop (enabling them to blackmail us in future negotiations) while taking 39 Billion for nothing. Sorry Mr Barnier, you got greedy and now you will pay the price. 

[bert bloggs]

We are only doing what France and half the other E.U countrys do ,take no notice of what you are told to do by Brussels . its about time ,we have always followed every rule to the letter ,while others take no notice .

[Cadbury]

2 hours ago, webfact said:

A source close to French President Emmanuel Macron said on Sunday that failing to pay a 39 billion pound..........

As it happens the UK have invested 200 billion pounds into the EU and as such have an equity in the European Union. Instead of getting a bill they should should be getting a refund for their share of the assets of the EU.

 

[evadgib]

4 minutes ago, Billy The Kid said:

Turning into a new Zimbabwe springs to my mind .... ????

Somewhat prophetic for the EU, given what became of Rhodesia after the British left...

[Chomper Higgot]

3 minutes ago, bert bloggs said:

We are only doing what France and half the other E.U countrys do ,take no notice of what you are told to do by Brussels . its about time ,we have always followed every rule to the letter ,while others take no notice .

There is some truth in what you say:

 

The UK has always had the right to expel EU citizens who have not taken up gainful employment within a reasonable amount of time (across mainland Europe this is usually 3 months).

 

The UK has always had the right to expel convicted EU citizens once released from jail.

 

And the UK has always had the right to have whatever color passport pleases them.

[evadgib]

9 minutes ago, JonnyF said:

Unfortunately for this "French source", french sources do not decide this. If push comes to shove the international court of justice will decide. This will take many, many years and most likely will result in the UK being liable for a fraction of the 39 billion, paid over many years, completely messing up the EU's budgeting process.

 

I bet they're starting to wish they'd given an inch in negotiations. Time limiting the backstop would have prevented all of this but they wanted to have their cake and eat it. They wanted to tie the UK in via the backstop (enabling them to blackmail us in future negotiations) while taking 39 Billion for nothing. Sorry Mr Barnier, you got greedy and now you will pay the price. 

To be fair to them a lot of this weakness was down to May & a Parliament full to the Gunwales with Remainers hell bent on preventing UK leaving.

[Chomper Higgot]

1 minute ago, evadgib said:

To be fair to them a lot of this weakness was down to May & a Parliament full to the Gunwales with Remainers hell bent on preventing UK leaving.

 

Nothing then to do with the appallingly weak hand the UK has?!

 

Always somebody else’s fault.

[Scott]

Inflammatory post removed.  

 

[vogie]

5 minutes ago, Chomper Higgot said:

 

Nothing then to do with the appallingly weak hand the UK has?!

 

Always somebody else’s fault.

But the UK has an exceedingly strong hand, it would appear that remainers are not very good card players, but we have Boris in the guise of Cool Hand Luke approaching the table now, full house.

 

Remainers to blame, blame the remainers.

[evadgib]

7 minutes ago, Chomper Higgot said:

 

Nothing then to do with the appallingly weak hand the UK has?!

 

Always somebody else’s fault.

Where did I say that and why are you yet again serially stamping EVERY POST with a...

[Oxx]

2 hours ago, Chomper Higgot said:

The only thing a new ‘hardline Brexit’ team will reliably slash is the value of the pound and the British economy.

 

Hardly.  The FX markets don't like uncertainty.  Once the details of Brexit are finalised the value of the pound will rise - probably quite dramatically.

 

And as for the British economy, it will do much better in the medium to long term.  Britain is hampered within the EU by not being permitted to enter into trade deals with other countries.  The EU has been hopeless at arranging trade deals.  There is no EU deal in place with such major economies as America, China, Russia, Australia, New Zealand, India, Indonesia, Japan.  The British economy will be far better off once it's negotiated trade deals with these countries.

[jany123]

36 minutes ago, Orton Rd said:

We did not rescue them after all then, along with the Yanks?

We did not “rescue” them (France). Instead we fulfilled mutual treaty obligations that were cornerstones to International geopolitical policies when Germany invaded Belgium in WW1 and Poland in WW2. 

[bert bloggs]

38 minutes ago, Chomper Higgot said:

 

Nothing then to do with the appallingly weak hand the UK has?!

 

Always somebody else’s fault.

Weak Hand? what "confused" world do you live in ? we contribute more than almost any other country to the EU, so that the likes of junket can live in splender ,so that those working in Brussels can shop tax free in their shopping malls , so that half the other country's that contribute nothing can live off us and so that a country that we have fought twice and beaten can lord it over us , i suggest you get back in your wonderful la la land and pull the door shut behind you .

and no i dont hate Germany ,i have a lot of German friend here in Pattaya .

[bert bloggs]

35 minutes ago, evadgib said:

Where did I say that and why are you yet again serially stamping EVERY POST with a...

Its what he is ,constantly "confused" just read the posts /

[Baerboxer]

3 hours ago, wayned said:

Sounds like a Trump tactic when it's all over just don't pay!  Soon there wil be a Boris Johnson balloon in Brussels!

 

Maybe but the French are not exactly known for following the rules, playing fair or honoring their commitments - the 'do as we say not as we do" kings of the EU.

 

With the UK on the verge of crashing out, Merkel leaving office and her replacement not up to much, Macron's little ego will really think he's the new Napoleon. Heaven help the EU if he conspires to get his man Barnier appointed to replace Juncker.

 

How quick he forgets a few days ago! The French governments have always been all "huff and puff" and contrary. 

[jany123]

33 minutes ago, bert bloggs said:

Weak Hand? what "confused" world do you live in ? we contribute more than almost any other country to the EU, so that the likes of junket can live in splender ,so that those working in Brussels can shop tax free in their shopping malls , so that half the other country's that contribute nothing can live off us and so that a country that we have fought twice and beaten can lord it over us , i suggest you get back in your wonderful la la land and pull the door shut behind you .

and no i dont hate Germany ,i have a lot of German friend here in Pattaya .

Pretty sure that it was a union of largely European powers (and their dominions) that defeated the German aggressors during those wars, versus Britain, which, ironically, is currently seeking to withdraw from a union of European powers.

 

 

[Baerboxer]

55 minutes ago, jany123 said:

We did not “rescue” them (France). Instead we fulfilled mutual treaty obligations that were cornerstones to International geopolitical policies when Germany invaded Belgium in WW1 and Poland in WW2. 

 

We did indeed respect our guarantees of protection to little Belgium; and out entente cordiale treaties with France. Both the Kaiser and Hitler thought we wouldn't.

 

Wonder how it would've worked out if the "free world" had had to rely on France to stand alone and run up massive debts that wouldn't be paid of for decades rather than capitulating and collaborating?

[welovesundaysatspace]

The sad thing is not so much that Brexiteer leaders know what buttons to push and how to deceive the mob into following them. It really is that those people are stupid enough to still believe all the nonsense and false promises. The same guy who promised them 350 million a week now claims you can just walk away from your financial obligations, and they get all excited again. And then they complain when they’re being called uneducated fools. Can’t wait for the day when also this bubble bursts and they jump onto the next unicorn. 

[Baerboxer]

5 minutes ago, jany123 said:

Pretty sure that it was a union of largely European powers (and their dominions) that defeated the German aggressors during those wars, versus Britain, which, ironically, is currently seeking to withdraw from a union of European powers.

 

 

 

Many countries on either side, Allied and Axis Powers.

 

However, do some research to see which country (countries) really prevented the total collapse. 

 

Britain and its Commonwealth, the US and the Soviet Union in WW2. WW1 France didn't capitulate and contributed more.

[Chomper Higgot]

39 minutes ago, bert bloggs said:

Its what he is ,constantly "confused" just read the posts /

When I read nonsense it confuses me

 

[Chomper Higgot]

6 minutes ago, Baerboxer said:

 

We did indeed respect our guarantees of protection to little Belgium; and out entente cordiale treaties with France. Both the Kaiser and Hitler thought we wouldn't.

 

Wonder how it would've worked out if the "free world" had had to rely on France to stand alone and run up massive debts that wouldn't be paid of for decades rather than capitulating and collaborating?

Who stood alone?

[grumpy 4680]

        Some stupid Tory <deleted> signed away Britains rights to reperations after the 2nd world war, if that article was torn up. Then Britain could legally keep the 50 billion as some of the reperations Britain was due. Then the two faced French could go and f*** themselves.

[sammieuk1]

1 hour ago, Oxx said:

 

Hardly.  The FX markets don't like uncertainty.  Once the details of Brexit are finalised the value of the pound will rise - probably quite dramatically.

 

And as for the British economy, it will do much better in the medium to long term.  Britain is hampered within the EU by not being permitted to enter into trade deals with other countries.  The EU has been hopeless at arranging trade deals.  There is no EU deal in place with such major economies as America, China, Russia, Australia, New Zealand, India, Indonesia, Japan.  The British economy will be far better off once it's negotiated trade deals with these countries.

But most of us wont be alive in 20-30 years 3 gone already and we are precisely where ????

[Baerboxer]

2 minutes ago, welovesundaysatspace said:

The sad thing is not so much that Brexiteer leaders know what buttons to push and how to deceive the mob into following them. It really is that those people are stupid enough to still believe all the nonsense and false promises. The same guy who promised them 350 million a week now claims you can just walk away from your financial obligations, and they get all excited again. And then they complain when they’re being called uneducated fools. Can’t wait for the day when also this bubble bursts and they jump onto the next unicorn. 

 

Boris has been shown many many times to be a proven compulsive liar who cares not what the truth is and says whatever he thinks people want to hear.

 

He hasn't had any great success in business and negotiations. But comes across as a likable buffoon he doesn't really mean any harm - which couldn't be further from the truth.

 

I'm amazed at the strength of support Boris, Farage, R-Mogg etc manage to get from normal people who you'd expect to be able to see straight through them, their bullshit, lies and recognize their agendas.

 

Sad to say it seems so many are fooled by someone blaming it all on convenient scapegoats whilst proving a cure all "snake oil" themselves.

 

Brexit isn't deliverable because no one knew what it really meant, the consequences or how the relationship would look after wards. It wasn't thought through and too many false promises and lies were told to simply drop it. 

 

The bubble will burst and the UK is unlikely to recover.  Another gem for you I saw recently is Brexit supporters I know, normally intelligent, sharing a FB post saying how Britain used to be self sufficient in food products! They seem to want to go back to the 17th century!