Mantis Posted December 9, 2011 Share Posted December 9, 2011 I doubt trade will be affected that much. I can't imagine European businesses going "Oh, we're not going to buy from that company anymore because they're British". Link to comment Share on other sites More sharing options...
VILLAFC2000 Posted December 9, 2011 Share Posted December 9, 2011 In his opinion. However, as far as our interests are concerned, it's a very good move. I love the way how you say "OUR", what are you talking about and can you define "OUR" If you said its in the Financial services and the bankers in Londons best interests I would agree. Do you know how much money is traded in the euro zone through each year, Do you know how many people jobs depend on the Eurozone? Link to comment Share on other sites More sharing options...
Mantis Posted December 9, 2011 Share Posted December 9, 2011 Our, as in the country. It's easy to just demonise and City and think of it as some bubble but in actual fact it's one of our biggest assets. Link to comment Share on other sites More sharing options...
VILLAFC2000 Posted December 9, 2011 Share Posted December 9, 2011 I doubt trade will be affected that much. I can't imagine European businesses going "Oh, we're not going to buy from that company anymore because they're British". Yeh everything will be fine..! http://www.youtube.com/watch?v=IDvJYue1iLc Link to comment Share on other sites More sharing options...
VILLAFC2000 Posted December 9, 2011 Share Posted December 9, 2011 Our, as in the country. It's easy to just demonise and City and think of it as some bubble but in actual fact it's one of our biggest assets. Our as in the 100s of thousands of people who are linked directly with the Euro Zone. Ours as in the large, medium and small businesses that trade within Europe. Ours as in the country that trades the most with the Eurozone. There are more people in the country than the fat cats. Link to comment Share on other sites More sharing options...
Mantis Posted December 9, 2011 Share Posted December 9, 2011 Protecting the financial services industry (which by the way is far bigger and more connected to the economy than you think) doesn't mean damaging every other sector. Link to comment Share on other sites More sharing options...
thetrees Posted December 9, 2011 Share Posted December 9, 2011 Good luck to to the 2 million UK folk whos jobs rely on trading to and from the EU. If you thought times were hard now you aint seen nothing yet. Yep, I am sure that the Eurozone will shut the door on trade with a consumer economy of 60m people Link to comment Share on other sites More sharing options...
thetrees Posted December 9, 2011 Share Posted December 9, 2011 Wake up and smell the coffee sun beam...! Quote from the Belgian PM. " This is not an intelligent move" Congratulations. You quote the leader of a country that hasn't had a government for nigh on a year. Advice on compromise politics from a Belgian politician is rather like receiving child care advice from another famous Belgian, Marc Dutroux. Link to comment Share on other sites More sharing options...
colhint Posted December 9, 2011 Share Posted December 9, 2011 Just wondering if they do make it hard for us. How will they do that. After all we are a net importer from mainland europe aren't we? Do they just stop buying from us or selling for that matter. Can't imagine Mercedes, BMW, Citroen, VW, Peugot, Fiat, Total Oil, Anheuser-Busch, Banco Santander, eon, Siemens and so on will be to happy if they cant trade with the second largest economy in europe. Link to comment Share on other sites More sharing options...
snowychap Posted December 9, 2011 Share Posted December 9, 2011 Just wondering if they do make it hard for us. How will they do that. After all we are a net importer from mainland europe aren't we? Do they just stop buying from us or selling for that matter. Can't imagine Mercedes, BMW, Citroen, VW, Peugot, Fiat, Total Oil, Anheuser-Busch, Banco Santander, eon, Siemens and so on will be to happy if they cant trade with the second largest economy in europe. I would have thought that if Europe (or any country therein) wanted to make it difficult for the UK then it would be in terms of their imports from us and not their exports to us. This isn't to say that they will though I'd have thought some serious protectionist 'warring' was long overdue considering the states of economies. Perhaps Cameron has kicked it off in terms of the financial industry? Link to comment Share on other sites More sharing options...
peterms Posted December 9, 2011 Share Posted December 9, 2011 Protecting the financial services industry (which by the way is far bigger and more connected to the economy than you think) doesn't mean damaging every other sector. It very much does mean that. The finance sector is parasitic on the real economy. At the moment, it is amassing wealth from elsewhere to cover up the trillions of pounds worth of toxic debt from the bad loans it made. For example, the billions given to banks via QE have not led, as we were told it would, to greater lending to business. For example, the cuts in public spending, jobs and pensions have bolstered bank balance sheets at the expense of ordinary people. Finance sucks in wealth from the productive economy. It does not create wealth, it usurps it. It is the classic rentier, or unearned income, situation. Finance should be the servant of the economy; instead, it seeks to become its master. Link to comment Share on other sites More sharing options...
colhint Posted December 9, 2011 Share Posted December 9, 2011 Just wondering if they do make it hard for us. How will they do that. After all we are a net importer from mainland europe aren't we? Do they just stop buying from us or selling for that matter. Can't imagine Mercedes, BMW, Citroen, VW, Peugot, Fiat, Total Oil, Anheuser-Busch, Banco Santander, eon, Siemens and so on will be to happy if they cant trade with the second largest economy in europe. I would have thought that if Europe (or any country therein) wanted to make it difficult for the UK then it would be in terms of their imports from us and not their exports to us. This isn't to say that they will though I'd have thought some serious protectionist 'warring' was long overdue considering the states of economies. Perhaps Cameron has kicked it off in terms of the financial industry? I'm sure that any country apart from Germany needs to trade with us. I can imagine the conversation between Cameron and Sarkosy. Right then Dave we are going to put a levy on all your exports to us. No probs Nick, as long as you dont mind us not buying anymore cars from you, or wine etc. Oh and by the way, we have just made it easier for people to switch energy companies, which could be interesting as we have just put a surcharge on Eon.By the way can you pass on to Angie, we wont be needing them 10,000 cars after all. Nice talking to you Link to comment Share on other sites More sharing options...
Mantis Posted December 9, 2011 Share Posted December 9, 2011 Protecting the financial services industry (which by the way is far bigger and more connected to the economy than you think) doesn't mean damaging every other sector. It very much does mean that. The finance sector is parasitic on the real economy. At the moment, it is amassing wealth from elsewhere to cover up the trillions of pounds worth of toxic debt from the bad loans it made. For example, the billions given to banks via QE have not led, as we were told it would, to greater lending to business. For example, the cuts in public spending, jobs and pensions have bolstered bank balance sheets at the expense of ordinary people. Finance sucks in wealth from the productive economy. It does not create wealth, it usurps it. It is the classic rentier, or unearned income, situation. Finance should be the servant of the economy; instead, it seeks to become its master.Not true. I think it's easy to just brand the financial sector as some sort of parasite (after all, banker bashing is still the in thing isn't it?) but it's just not the case. It generates billions a year. I think if the financial sector went under a lot of people would soon realise just how important it is. Link to comment Share on other sites More sharing options...
snowychap Posted December 9, 2011 Share Posted December 9, 2011 I'm sure that any country apart from Germany needs to trade with us. I suppose it depends upon what you mean by 'need'. I can imagine the conversation between Cameron and Sarkosy. ... The conversation reinforces how stupidly self-defeating protectionism (and the tit for tat) most often is. The conversation doesn't tell us that it doesn't exist and that it won't occur in future. Link to comment Share on other sites More sharing options...
VILLAFC2000 Posted December 9, 2011 Share Posted December 9, 2011 Protecting the financial services industry (which by the way is far bigger and more connected to the economy than you think) doesn't mean damaging every other sector. The United Kingdom consists of 90,060 square miles. David Cameron has fought tooth and nail for one of them. Link to comment Share on other sites More sharing options...
kidlewis Posted December 9, 2011 Share Posted December 9, 2011 So let's get this straight Europe is in the shit Merkel and poodle propose a pretty shit idea to fix it Most people agree with the shit idea Cameron says its a shit idea Cameron removes us from the deal So we either got in the shit ourselves or signed up to getting in the shit anyway? SHIT! Link to comment Share on other sites More sharing options...
peterms Posted December 9, 2011 Share Posted December 9, 2011 I think it's easy to just brand the financial sector as some sort of parasite (after all, banker bashing is still the in thing isn't it?) but it's just not the case. It generates billions a year. I think if the financial sector went under a lot of people would soon realise just how important it is. It generates billions by charging other people, not by producing anything. There's a useful finance function, and there's the rest. The useful part is the bit they want to get away from. Too boring, doesn't make enough money. The other bit, the casino part, is worse than parasitic, it actively destabilises economies and causes massive damage, as we all know. Banks create debt. That's what they do. That is their "product". The more they create, the richer they are. The overwhelming problem facing the world's economy is that they have been allowed to create so much debt that we are drowning in it. Great news for them, appalling for everyone else. Don't confuse banker bashing (which is a suitable and appropriate response to the grotesque greed and irresponsibility of those at the top) with looking critically at the role the finance sector plays in the economy. For hundreds of years people have criticised the effect of usury and unearned income in stifling enterprise, and have sought ways to limit the damage created. Bankers and landlords, both are "rentiers" in this sense, living off charges they make to others who actually work. It's not a reaction to Fred the Shred and the rest of them, it's sound economic analysis conducted by many people over a very great length of time. Link to comment Share on other sites More sharing options...
drat01 Posted December 9, 2011 Share Posted December 9, 2011 being an odious little shit makes him perfect for piss taking on his little attempt to hide his background is this line from same poster who repeatedly posted that Politics shouldn't be about personalities ?? :confused: What a completely ludicrous post from Tony As many have said Gideon is an odious little clearing in the woods, as pointed out his comments re autism and homophobic "jokes" show exactly what the man is about. The media especially will pick up on these and his attempts to hide his background and make fun of them, it's the way of the world. So Tony you can try as much as you like and defend Gideon, but many realise what a prat he is. Didn't Cameron and his Bullingdon chums call him an oik? :-) Link to comment Share on other sites More sharing options...
drat01 Posted December 9, 2011 Share Posted December 9, 2011 two posts in a row you brought up the BNP to suggest some form of Tory alliance , not sure why when we know that their core support comes from disillusioned labour supporters and even the last labour leader was borrowing slogans like "British jobs for British workers" off them another post from Tony where he is making things up. The BNP, UKIP and many in the Tory party share a lot of views on Europe. I know thhat you read the UKIP and Tory party websites, I suggest you look at the views of the BNP also. Its very interesting that this is certainly a common view that they share. You may find it embarrassing for the Tory party but hey ho as they say Link to comment Share on other sites More sharing options...
drat01 Posted December 9, 2011 Share Posted December 9, 2011 Not surprising to log on and find cries of "Xenephobic", "little Englander" and the usual pathetic insults being thrown around by people who can't accept that their judgement about the EU has been proven wrong - and spectacularly so. Cameron has just done what any remotely sane British PM would have done and protected the largest single UK industry from being raped, with the proceeds being used to prop up failing eurozone profligates. A financial transaction tax in Europe only would drive business from the City (which does a greater volume of financial transactions than the rest of Europe put together) outside the EU to Asia or the US who are not even entertaining the idea. What about a super tax on luxury cars, Frau Merkel, or cheese and red wine, Mr Sarkosy? No, thought not. Cameron has done the right thing, no question at all.Laughable comments from AWOL, as usual in respect to Europe especially IMO. The consensus tonight from those outside the Tory party is pretty much that Cameron has screwed up (again) here and in protecting his interests for his party backers and pandering to the Eurosceptic elements rather than looking after the country's interests leaves the UK in a very weak position at a time when so many factors are dependent on us working with not against others in the world community. These are the actions of a "little englander" mentality Link to comment Share on other sites More sharing options...
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