Jessie_Pinkman
Literotica Guru
- Joined
- Jul 15, 2012
- Posts
- 1,403
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why?
.
norway does okay.
Considering the EU costs the UK money overall, it makes perfect sense to get out.
The EU's blanket laws have horrible effects on countries that they aren't made for.
The people running the thing are the same ones that took so much legal action against a single market stall owner that he died from a stress induced heart attack.
What did he do? He dared to list weights of vegetables in metric and imperial after the EU decided imperial weight listings were illegal. It didn't matter to them that over half the UK couldn't use the metric system, so a thoughtful guy helped his elderly customers by giving them imperial weights.
Thank god the EU killed that monster.
The EU does not cost the UK money. They do not take a loss on it. They do pay more than the 'have-not' countries. But a profit is still made.
As for the weights. Again half-way measures.
In Quebec they are always trying to limit the English language on signage and get all bent out of shape when told that they must offer both.
In 2013 the UK paid in €11.2 million.
It got back €6.5 million.
Doesn't sound like a profit to me.
Norway has oil and has been very very good at setting up a heritage fund. They are rolling in the dough. But eventually the oil will run out and so will the money. They have done such a good job off saving money that may not happen for a few generations. Norway has a small population to split their oil riches amongst.
Those are transfer payments. Not profits and losses due to increased trade and lower barriers. Same as Ontario 'supporting' Newfoundland/Labrador. We give more then we get. But the country as a whole stays together and that is a good thing. Together we are stronger economically.
11.2 million is a drop in the bucket when considering the billions in trade that go back and forth. Some times you have to spend money to make money. Actually almost always. Even crooks have cash outlays before a big score.
everyone in norway's in the oil business? i'll go and tap my mate geir for a few baht, then.
Of course not. But their government has taken the oil revenues and put them in a heritage fund that ALL can share in the form of government services and standard of living. Norway with oil would be some frozen wasteland with a tiny population scattered amongst fjords that ice over a good part of the year. They would be in as good a shape as Newfoundland/Labrador all by itself.
Yeah the figures I quoted were a bit off thanks to the EU using two different measurements in their budget reports. I fixed it though.
The trade will still be there if Brexit happens though.
Unless of course the EU stops it to spite Britain, which is something they've done in the past.
it was said tongue-in-cheek.
anyway, i don't want the UK to leave the EU for purely selfish reasons. it's already fucking up sterling in relation to other currencies; and that affects me, hugely.
Entirely possible the EU will use economic blackmail. Life, politics and money are not fair.
Ontario loses 4.5 billion dollars in supporting the 'have-not' provinces. And only ever received equalization payments starting in 2010 when it got back 347 million. The rise in oil prices made Newfoundland/Labrador for a short time a 'have' province. Alberta goes back and forth depending on oil prices.
That may happen anyways. In Canada our dollar value is pretty much out of our hands. Our biggest trade partner the US determines how much it is worth. They do well, we do well. They suffer we suffer too. With the UK trading heavily with the EU what is good or bad for the EU will determine the value of the pound. Their huge population and aggregate trade numbers will drive that.
The thing is though, Canada is single country with a single currency.
The EU isn't.
Canada also has leaders elected by the public.
The EU has leaders elected by other politicians.
Living in the EU is a bit like if the USA decided to outlaw grapes in Canada because one guy in Mexico choked to death. It wouldn't matter to them that it would put thousands of Canadians out of work in grape related industries or that the Canadian dollar would take a hit because everything is fine where they are.
The EU is flawed. It needs to move to a federal union of some sorts. Each country just becomes a province or state. Half-assed measure to pander to nationalists.
The UK is still better off pissing against the walls from the inside not outside.
Now if the UK would like to join up with the other great Anglo countries and form a union, think of the economic power then. The UK, US, Australia and New Zealand united. Woo Hoo. We could all rule the world. Fuck the Chinese, Russians, Europeans and Indians. An Anglo Empire. Gives me a chubby!
oh, it's already happening. the fear-mongers have the markets rattled. down to about 1.41 against the US, and the pound was at 1.99 against the aussie dollar last week, dropped to 1.92!
the baht has gained an insignificant amount - which is my current 'watch'.