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Confusion of VIs

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Everything posted by Confusion of VIs

  1. It could turn out like that, but alternately it's possible that we could by design or accident piss off most of the other 26 and end up being ganged up on by all of them.
  2. What happened, and not behind the scenes, was that the flow of Euromoney was throttled back sufficiently to cause the banks to have to restrict depositors access to their own money. The prospect of the banks and ATMs running out of money is enough to focus the mind of even the most idealistic of politicians - it worked just fine on Brown, when he was bounced into bailing out the UK banks.
  3. A better analogy would be: The UK has decided to divorce the EU, like most divorces we will all start out saying how amicable we want the process to be and how we all want to respect our differences and achieve the best outcome for everyone. A slight complication is that unlike most divorces where there is usually only 1 spurned wife or husband we have 27; that and the fact that rather than 1 grasping lawyer apparently we are going to need 10,000. I wonder if anyone would like to hazard a guess at how well it will all pan out.
  4. This year starting pay for an accountancy graduate topped £50k, so clearly a bit more competition wouldn't go amiss
  5. That's certainly not true of London, my last permanent role was in a company with 45% foreign nationals all highly paid professionals. Strangely despite London being a magnet for foreign professionals it voted strongly for Remain. I suspect that lot of the working classes who blame immigrants for their failure to secure employment will find out that the real reason they cannot find a job is that they are just not very employable.
  6. Re the UK v EU differences are a matter of degree of integration, the principal is the same in both cases I have no great problem with immigration, I live in an area that I guess is around 25% immigrants. When I worked in the Financial sector our company recruited globally and was around 45% foreign nationals. The idea that Brexit was about reducing immigration is not compatible with the UK becoming a more open global facing nation. Even Farage was careful to avoid committing to reducing immigration. Replacing the current low skilled, drawn here by WTC, with more qualified immigrants would go a long way to getting a better balance of immigration. I also have no problem with putting a 5 year qualifying time on access to benefits. The truth is if the economy does well immigration will rise if it does badly immigration will fall. Once we leave the EU we will need some form of points based system, the important part is to make it responsive enough to avoid deterring employers with global supply chains from basing operations in the UK. The head of Airbus has said that being able to move staff freely between sites will be crucial to maintaining their UK sites.
  7. Pipilman seems to be enjoying slowly eviscerating Mark a bit too much, do you think he might be the fabled Moron number 1.
  8. Bit touchy today, is it the heat? Anyway my point which you seem to have entirely missed, was that the UK itself is an example of a Union of 4 states that has FoM, so clearly it can work and I presume you are ok with the implied discrimination against non members of the UK.
  9. After a bit of reconsideration. I will concede that point to you, as you are right no one ever asked the population at large what their view was.
  10. Doesn't the UK leaving alter the North v South voting arithmetic enough for Germany to lose its grip on economic policy. That's one of the few positives I took from the Brexit vote.
  11. One Hyde Park About 18 months ago there was a bit of a discussion on HPC about falling values for all except the largest apartments (whole floor) including a graph showing the value of the half floor and smaller apartments rapidly trending towards zero. Any chance of an update from whoever was providing the info (I cannot find the posts), I wouldn't like to miss getting in my £100k offer for one of those half floor apartments just before they hit diddly squat.
  12. Back in January I was told that Nine Elms hadn't sold a unit over the past 3 months, hard to believe things have picked up much since then.
  13. Now it gets serious: http://www.telegraph.co.uk/news/2016/08/26/brexit-pushes-up-price-of-bacon/
  14. A lot will depend on where the house is, if for example it's in some town where the children have to move away to have a decent career, it will probably be sold for whatever they can get. In big cities where the kids are more likely to be living in the locality it will be a different matter. Where I live kids moving into the parents home is already common and I imagine will get more so in future - do it right by moving in before the parent dies and you can avoid IHT (multi generational home). Although passing the money direct to the grand children so that they can get on the "ladder" is also becoming popular and will generate sales.
  15. You are making an assumption that this project is the right thing to be devoting all this time and effort on and worth taking the risk. It might turn out to be a Marshall plan for the UK but it also could be our Venezuela moment. We are not removing something that held us down such as Communism, we are leaving something that kept us as one of the richest countries in the world for the hope of something even better - that likely to be a much harder task to pull off.
  16. The existence of the UK is a counterargument in itself. Nothing wrong with FoM in principle, but making it work in practice requires the creation of a reasonably level playing field in terms of living standards access to benefits etc. You could argue that the EU had it near enough right for a long time but was then as far as the UK was concerned by the accession of the EE states (which the UK pushed for) and most of all by the introduction of WTC.
  17. Yes, but global access doesn't mean other states are keen to give you a fair share of their cake.
  18. On a slightly different tack, who actually decreed there was a god given right to make money from money. Perhaps if money gradually decayed people would make better use of it.
  19. 40+ years of joint law making will take some time to undo. Also it's not just leaving the EU, in fact difficult as it may seem that's the easy bit. The hard part will be negotiating a new place in the world that's as advantageous as membership of the single market. How long will that take. Who knows, the single market was 50 years in the making and I doubt agreeing trade deals has got significantly easier over the years.
  20. Esteemed by whom? The guy has always been intellectually challenged, capable of only the most superficial view on any topic.
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