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The Consequences of Brexit [part 4]


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Extra public borrowing needed to cushion blow of Brexit

 

https://www.theguardian.com/business/2017/nov/23/hammond-borrow-extra-90m-lower-productivity-forecast-obr

 

Another £90bn

 

On top of the £40bn payment

 

On top of the £150bn injection and guarantees from BoE last year

 

On top of lost GDP caused by sluggish growth

 

Public spending to not be in balance until 2030-31, fully 15 years out from Osborne target of 2015

 

And we’ll most likely still have annual payments to the EU

 

This is a train wreck

 

Ouch!!! That is insane. Do I need to change my signature?

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Moving on, in today's news: EU cancels Britain's hosting of European capital of culture.

 

It's good to see the EU treating Brexit as Brexit :D

 

It absolutely is good that everyone can see the EU in its true colours. Before Brexit their totalitarian approach was hidden to most people.

 

It's a very small thing but the silly decision doesn't show the smallest amount of decency or consistency, and that matters to the British. More worryingly it shows that the EU still doesn't begin to understand the British psyche - don't poke the docile lion, it is totally capable of ripping your head off no matter how hard the fight and how ever much damage it might sustain during the fight. Don't. Poke. Lions.

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It absolutely is good that everyone can see the EU in its true colours. Before Brexit their totalitarian approach was hidden to most people.

 

It's a very small thing but the silly decision doesn't show the smallest amount of decency or consistency, and that matters to the British. More worryingly it shows that the EU still doesn't begin to understand the British psyche - don't poke the docile lion, it is totally capable of ripping your head off no matter how hard the fight and how ever much damage it might sustain during the fight. Don't. Poke. Lions.

 

This is priceless. You'll be quoting Churchill next.

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It absolutely is good that everyone can see the EU in its true colours. Before Brexit their totalitarian approach was hidden to most people.

 

Abiding by the rules is its true colours ?

 

"The letter cites EU regulation 445/2014/EU that says that only members of the EEA and countries which are candidates to join the EU can participate."

 

We wouldn't be in either group....

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I sometimes wonder why you haven't put that poster on your ignore list yet. He/she doesn't ever bring anything worthwhile to the debate, and hasn't ever shown any measure of objectivity. All he/she does is froth to the tune of the Express.

I know another poster like that on another Forum. More entrenched in his pro-Leave arguments -about the exit bill, citizens' rights, NI and wholly oblivious/impervious to the legal fact-based consequences of exiting the SM/CU- than the most Ultra of the Tories, yet claims to have voted remain, as some sort of appeal to authenticity and/or authority.

 

It's so nonsensical an opinion flip, as to demonstrate either life-threatening levels of idiocy, or bad faith of the worst order.

 

Moving on, in today's news: EU cancels Britain's hosting of European capital of culture.

 

It's good to see the EU treating Brexit as Brexit :D

 

The only thing you bring to the debate is doom and gloom, and arse licking to the eu, time for you to get back to your mates there.

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It absolutely is good that everyone can see the EU in its true colours.
What you are seeing, is the EU applying EU law, very simply so.

 

And, accessorily, demonstrating with a practical example why the UK won't ever "have its cake and eating it".

 

EU regulation 445/2014/EU: only members of the EEA, and countries which are candidates to join the EU, can participate in hosting city of culture events.

 

Brexit is scheduled to occur on 29 March 2019, at the latest by end 2021 in case of extension-transition (which still looks as doubtful as ever)

 

By 2023, the year in which the UK hosting was to take place, the UK will be neither an EEA member, nor a candidate to join the EU. The inevitability of the above dates notwithstanding, so says your Prime Minster and her government.

 

So by 2023, the UK will not meet not the legal requirements of EU regulation 445/2014/EU, and so be unable to do that hosting irrespective.

 

It therefore makes sense to exclude the UK from the bidding process now, to avoid redundant administration of its bids until 2019/2021 (at which time they'd be binned anyway - because the above).

 

This is the exact same reason why UK bidders are increasingly finding themselves kicked out of EU bidding processes for this, that and the other EU and EU27 market, research, grant <etc.>

 

Naturally, should the UK change its mind about the EEA, I'm quite confident the situation can be reversed. If it doesn't, them's your apples. Told you before (I think): dura lex, sed lex.

It's a very small thing but the silly decision doesn't show the smallest amount of decency or consistency, and that matters to the British. More worryingly it shows that the EU still doesn't begin to understand the British psyche - don't poke the docile lion, it is totally capable of ripping your head off no matter how hard the fight and how ever much damage it might sustain during the fight. Don't. Poke. Lions.
What matters to the British sentimentally, is wholly irrelevant. Brexit is a legal process.

 

You wanted Brexit, even though consequences like the above were predicted (then derided, firstly as Project Fear, then as cakeonomics), and now you are getting it. So you don't get to cry about the consequences coming true.

 

I'm told by Leavers like you that they're a "price worth paying": so pay up and shut up.

Edited by L00b
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What you are seeing, is the EU applying EU law, very simply so.

 

And, accessorily, demonstrating with a practical example why the UK won't ever "have its cake and eating it".

 

EU regulation 445/2014/EU: only members of the EEA, and countries which are candidates to join the EU, can participate in hosting city of culture events.

 

Brexit is scheduled to occur on 29 March 2019, at the latest by end 2021 in case of extension-transition (which still looks as doubtful as ever)

 

By 2023, the year in which the UK hosting was to take place, the UK will be neither an EEA member, nor a candidate to join the EU. The inevitability of the above dates notwithstanding, so says your Prime Minster and her government.

 

So by 2023, the UK will not meet not the legal requirements of EU regulation 445/2014/EU, and so be unable to do that hosting irrespective.

 

It therefore makes sense to exclude the UK from the bidding process now, to avoid redundant administration of its bids until 2019/2021 (at which time they'd be binned anyway - because the above).

 

This is the exact same reason why UK bidders are increasingly finding themselves kicked out of EU bidding processes for this, that and the other market, research, grant <etc.>

 

Naturally, should the UK change its mind about the EEA, I'm quite confident the situation can be reversed. If it doesn't, them's your apples. Told you before (I think): dura lex, sed lex.

What matters to the British sentimentally, is wholly irrelevant. Brexit is a legal process.

 

You wanted Brexit, even though consequences like the above were predicted (then derided, firstly as Project Fear, then as cakeonomics), and now you are getting it. So you don't get to cry about the consequences coming true.

 

I'm told by Leavers like you that they're a "price worth paying": so pay up and shut up.

 

Don't poke the lion ;)

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More worryingly it shows that the EU still doesn't begin to understand the British psyche - don't poke the docile lion, it is totally capable of ripping your head off no matter how hard the fight and how ever much damage it might sustain during the fight. Don't. Poke. Lions.

 

yup that says it all, shows how shallow, narrow minded and self centered some of us brits can be, and we still think we are so high and mighty, when in actual effect we arent great, we havent been great for decades.

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Abiding by the rules is its true colours ?

 

"The letter cites EU regulation 445/2014/EU that says that only members of the EEA and countries which are candidates to join the EU can participate."

 

We wouldn't be in either group....

 

Pay attention whiteowl. :) The UK is in the EU until it is not, and if it is not in the future it may well be eligible, and rules can be changed anyway. Also, the EU keep telling the UK that it can stay, but this isn't really the way to show the love is it.

 

We all know what's happening here so let's not make mealy mouthed excuses for the EU. The decision is, at best, premature, but in reality we know that it's just the totalitarian EU at work, with unelected commissioners throwing their weight about in whatever small way they can to try to exert emotional citizen pressure on HM Government during negotiations. Unfortunately it's a shot in the foot by the EU. Don't. Poke. Lions.

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