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UK PM Johnson says 39 billion pound divorce bill not due in no-deal Brexit


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4 hours ago, OneMoreFarang said:

Does the UK want to make any deals with anybody out there in the future?

What should the others think about a possible business partner who ignores what they agreed to not too long ago?

How do people and country leaders react to others who don't pay their bill?

 

But obviously Boris will still blame the EU - pathetic.

there's one standing up on that possibility CHINA they don't respect any signed agreements/contracts,

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the uk has a trade volumne of approx. 650 billion pounds what scaremongeing fake news media is not telling the about are the uk dit office fta deal successes for example fta with south korea in june 14 billion pounds. ftas with usa, russia will follow suit to compensate for eu losses.

by the end of october the uk will pay 0 pounds to the eu.

 

wbr

roobaa01

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1 minute ago, Mavideol said:

there's one standing up on that possibility CHINA they don't respect any signed agreements/contracts,

I have to admit I don't know the details about China.

But one thing is obvious: China is HUGE. They can get away with a lot more things than others because other countries want to export something to the billion Chinese citizens. 

It's not fair but then nobody said this world is fair.

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1 minute ago, roobaa01 said:

the uk has a trade volumne of approx. 650 billion pounds what scaremongeing fake news media is not telling the about are the uk dit office fta deal successes for example fta with south korea in june 14 billion pounds. ftas with usa, russia will follow suit to compensate for eu losses.

by the end of october the uk will pay 0 pounds to the eu.

 

wbr

roobaa01

And how long do you think it will take to make these agreements?

Remember, the Brexiters told us all the future agreement with the EU will be very easy to do. And now, 3 years later...

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4 minutes ago, OneMoreFarang said:

And how long do you think it will take to make these agreements?

Remember, the Brexiters told us all the future agreement with the EU will be very easy to do. And now, 3 years later...

with one difference usa and uk speak the same language.

 

wbr

roobaa01

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11 minutes ago, roobaa01 said:

the uk has a trade volumne of approx. 650 billion pounds what scaremongeing fake news media is not telling the about are the uk dit office fta deal successes for example fta with south korea in june 14 billion pounds. ftas with usa, russia will follow suit to compensate for eu losses.

by the end of october the uk will pay 0 pounds to the eu.

 

wbr

roobaa01

Well I wish that were true but it looks like the minimum is about 8B.

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1 hour ago, juice777 said:

We owe this money if we like it or not what will happen if we don't pay it who will do business with us? how much harder will those mystical Trade deals be now? and we will be downgraded by all the credit agency's so the interest on government borrowing will go up probably around about the time the world goes into a recession, Even I know this and I know nothing. We will pay for it, in the end, this is just more lies and nonsense.

Sent from my SM-G965F using Tapatalk
 

Utter dribble. Show me the ratified agreement .

All the other countries in the World know what the EU are trying to do, they aren't stupid

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44 minutes ago, Mavideol said:

the guy (BJ) is a pathological liar at his best .... deal or no deal still has to pay, it was agreed upon,

Are you unable to read or comprehend? I suggest you go back and read the whole thread.

Jeez some of these EU acolytes are beyond the pale

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18 minutes ago, Mavideol said:

the guy (BJ) is a pathological liar at his best .... deal or no deal still has to pay, it was agreed upon,

Yes, that has already be proved and recorded, hard to argue with that really, not in Trumps league though. 

 

More generally it would be encouraging if we stopped talking about 39B, by the end of October it will be 32B. So far Brexit has cost us £66B by April 2019, obviously more now. The estimates vary from £600M to £800M per week (Reliable sources, not newspapers which only quote from financial bodies).

So much for the lies on the bus, bit of a sick joke now.

 

With 1Trillion$ of financial business lost from London (£820Billion), suddenly a "Divorce bill" of 32B looks fairly modest (4% of business already lost by the end of 2018). 

 

Anyway these are commitments we made, whatever the lawyers say about how little we might legally get away with, we could end up in the international court for settlement of the balance. We would come away from that smelling like pigs vomit to anyone who we wanted to do a deal with.

 

So encouraging for Brexiteers to know how blissfully happy they are making Putin and Trump. Two finer, more upright, more noble, more honest, more decent statesmen it would be hard to find. Wonderful to know that they would give us a really good and fair deal, and never put their own interests first. 

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1 minute ago, Sticky Wicket said:

Utter dribble. Show me the ratified agreement .

All the other countries in the World know what the EU are trying to do, they aren't stupid

"All the other countries in the World know what the EU are trying to do, they aren't stupid"

 

Yes …,they see if you can get away with breach of contracts you signed for , because your leaving .

So they are warned to be in business with the U.K.

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4 hours ago, vogie said:

The 39 billion is not a mortgage, if it was you could probably sue the building society, or bank, for lending you the money in the first place and not telling you your next door neighbours will be in charge of your house, and they will tell you, 1. What colour to paint your door, 2. When to cut your grass. And 3. And pay them so much a month for that privilege.

Er no, that's why you employ solicitors to do the conveyancing.

 

The building society don't care what colour your front door is etc, all they care about is the 

value of the property and your ability to make repayments

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2 minutes ago, david555 said:

"All the other countries in the World know what the EU are trying to do, they aren't stupid"

 

Yes …,they see if you can get away with breach of contracts you signed for , because your leaving .

So they are warned to be in business with the U.K.

Yeh countries around the world are scared to trade with the UK.

Are you for real or trolling?

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3 minutes ago, shy coconut said:

Er no, that's why you employ solicitors to do the conveyancing.

 

The building society don't care what colour your front door is etc, all they care about is the 

value of the property and your ability to make repayments

My analogy was more about the EU than the Bradford and Bingley.

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7 minutes ago, Sticky Wicket said:

Utter dribble. Show me the ratified agreement .

All the other countries in the World know what the EU are trying to do, they aren't stupid

Wonderful to have such a well informed expert on TV who knows the views of "All the other countries in the World". The falangs I talk to, from many many, different countries tell me the we were currently the laughing stock of the world. The general view was that they knew we had plenty of sad pensioners living in a fantasy glorious past, but how could a whole country be so incredibly stupid?

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4 hours ago, blazes said:

 

Someone who doesn't understand how markets work (despite all the daily evidence that anyone can read about).  The only thing markets care about is certainty.  Whether the UK goes in or out is beside the point....either result would bring certainty to the currency markets and therefore the pound would move up.  

Quite the opposite. Brexit, when it finally happens, brings a lot of new uncertainties to both UK as well as to the whole world. Mostly for the UK for causing it to break its relationships with to the rest of the world. 

 

Brexit is multiple times larger disruption event compared what Trump has been managed to do to the USA's relationships with USA's long time allies. 

 

Brexit is truly a reset event to the UK as whole and especially for UK's economy and relationship to the  rest of the world. 

 

Jumping off the cliff is really quite good description of what is about to happen. And we all know by now, that no-deal brexit is going to happen, no matter what. So fasten your seatbelts. It's going to be a downhill race from now on.

 

 

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1 minute ago, OneMoreFarang said:

I have to admit I also never learned EUisch.

But it seem at G7 they all talk to each other somehow. I guess there must be a trick involved.

I know..., I use that "trick" also to those 1 language Anglophiles ...????

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2 hours ago, jonwilly said:

The only thing the EU ever wanted from UK is money to fulfill it's Dream of a united Socialist Europe.

That horrible idea of countries made for people, not for corporates. 

 

Yeah, EU does like to support the kind of ideas, which actually benefits ordinary working people.

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15 minutes ago, Nigel Garvie said:

Wonderful to have such a well informed expert on TV who knows the views of "All the other countries in the World". The falangs I talk to, from many many, different countries tell me the we were currently the laughing stock of the world. The general view was that they knew we had plenty of sad pensioners living in a fantasy glorious past, but how could a whole country be so incredibly stupid?

I bow down to you, the fountain of knowledge 

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12 minutes ago, Nigel Garvie said:

Wonderful to have such a well informed expert on TV who knows the views of "All the other countries in the World". The falangs I talk to, from many many, different countries tell me the we were currently the laughing stock of the world. The general view was that they knew we had plenty of sad pensioners living in a fantasy glorious past, but how could a whole country be so incredibly stupid?

Sounds like you are mixing with the wrong crowd . Hmm , on second thoughts maybe not .

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And this is how interesting topics get 'dragged down' as posters start bickering about completely 'off topic' points....☹️

 

At the end of the day, the most interesting point (IMO) is how much the UK legally owes the EU - and it's certainly not 39bn!

 

The OP indicates that it's likely to be 7-9 bn in the event of 'no deal'.  Admittedly, this is the opinion of Sky News and Brit. govt. lawyers. - but it sounds about right.

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1 hour ago, Nigel Garvie said:

Yes, that has already be proved and recorded, hard to argue with that really, not in Trumps league though. 

 

More generally it would be encouraging if we stopped talking about 39B, by the end of October it will be 32B. So far Brexit has cost us £66B by April 2019, obviously more now. The estimates vary from £600M to £800M per week (Reliable sources, not newspapers which only quote from financial bodies).

So much for the lies on the bus, bit of a sick joke now.

 

With 1Trillion$ of financial business lost from London (£820Billion), suddenly a "Divorce bill" of 32B looks fairly modest (4% of business already lost by the end of 2018). 

 

Anyway these are commitments we made, whatever the lawyers say about how little we might legally get away with, we could end up in the international court for settlement of the balance. We would come away from that smelling like pigs vomit to anyone who we wanted to do a deal with.

 

So encouraging for Brexiteers to know how blissfully happy they are making Putin and Trump. Two finer, more upright, more noble, more honest, more decent statesmen it would be hard to find. Wonderful to know that they would give us a really good and fair deal, and never put their own interests first. 

I wonder where you get your numbers from?

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56 minutes ago, manitoba said:

That horrible idea of countries made for people, not for corporates. 

 

Yeah, EU does like to support the kind of ideas, which actually benefits ordinary working people.

What about the benefit for young people that want to be ordinary workers but have no job, in Greece, Spain, Portugal and southern Italy? The scale of corporate lobbying of the EU is massive.  

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It should be mentioned that the £39B settlement is in fact NOT the total bill. This is often completely ignored in discussions like This. In addition to the lump sum payment of £39B, May's agreement clearly outlines that the UK are financially liable for any cost related to projects and programmes agreed before the exit date (Article 144). On March 31st each year, the EU will send the UK a new bill. In theory, the final cost for leaving the EU on those terms is impossible to specify, but the number is likely to be bigger than £39B. In theory it could be twice as high - £78B.

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3 minutes ago, Forethat said:

It should be mentioned that the £39B settlement is in fact NOT the total bill. This is often completely ignored in discussions like This. In addition to the lump sum payment of £39B, May's agreement clearly outlines that the UK are financially liable for any cost related to projects and programmes agreed before the exit date (Article 144). On March 31st each year, the EU will send the UK a new bill. In theory, the final cost for leaving the EU on those terms is impossible to specify, but the number is likely to be bigger than £39B. In theory it could be twice as high - £78B.

How about 1 trillion for good measure

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