The Rosy EU

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ApusApus
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The Rosy EU

Post by ApusApus » Fri Apr 05, 2019 10:01 pm

Well, just when certain individuals on here like to think otherwise, maybe the glorious EU is not so glorious after all ……………… and we are not talking about one of the minor players here but the "powerhouse of the EU"!

https://www.ft.com/stream/3152dab4-adeb ... a2187f0701

Oh, and several German Financial Institutions are predicting the German economy will definitely go into recession in the event of a no-deal Brexit …………… who would have thought that possible?


Shane

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Re: The Rosy EU

Post by jeba » Fri Apr 05, 2019 11:26 pm

ApusApus wrote:
Fri Apr 05, 2019 10:01 pm
Well, just when certain individuals on here like to think otherwise, maybe the glorious EU is not so glorious after all ……………… and we are not talking about one of the minor players here but the "powerhouse of the EU"!

https://www.ft.com/stream/3152dab4-adeb ... a2187f0701

Oh, and several German Financial Institutions are predicting the German economy will definitely go into recession in the event of a no-deal Brexit …………… who would have thought that possible?


Shane
Well, it was clear from the beginning that Brexit would hurt everyone. Has anybody claimed that Germany would be an exemption? Or that there are no other reasons (think e. g. Trump´s tariffs)? So what´s your point?
Last edited by jeba on Sat Apr 06, 2019 12:07 am, edited 1 time in total.

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Happy in Cyprus
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Re: The Rosy EU

Post by Happy in Cyprus » Sat Apr 06, 2019 1:29 am

Hark the kettle calling the pot black!

Recessions are a normal part of the economic cycle. There is no country in the world which is immune and where the economy just goes up in a straight line. There are periodic ups and downs, just like equity markets; that's normal and healthy.

Six years ago, McIngy and a whole host of others on CL were forecasting - with unashamed glee - the most imminent demise of the Euro, EU and the so-called PIGS countries like Portugal, Ireland, Italy, Greece, Spain and Cyprus. The EU/Euro haters claimed banks and financial institutions would come crashing down one after the other...and with it the Euro.

Did you notice...didn't happen ;)

Here we are, six years on, and the Euro - as good a barometer of an institution's future well-being as any - is still riding high. Meantime the GBP has been in the doldrums ever since the time of the referendum...and while many aspects of the UK's economy are suffering, many commentators believe the UK economy is being artificially buoyed by massive stockpiling, brought about by the fear of a Hard Brexit.

Oh, and as an institution, the EU is still holding together pretty solidly, unlike the Barnums Circus currently going on in Westminster.

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Re: The Rosy EU

Post by ApusApus » Sat Apr 06, 2019 4:21 pm

jeba wrote:
Fri Apr 05, 2019 11:26 pm
So what´s your point?
Maybe you should read my post again ……………………… particularly the first line? :roll:


Shane

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Re: The Rosy EU

Post by tonee » Sat Apr 06, 2019 4:35 pm

Laaki bank?

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Re: The Rosy EU

Post by Jim B » Sat Apr 06, 2019 6:03 pm

The Laiki Bank was the author of its own misfortunes, bad loans to Greece and too many local unpaid loans in Cyprus. All the information is there in Wikipedia.

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Re: The Rosy EU

Post by jeba » Sat Apr 06, 2019 8:48 pm

ApusApus wrote:
Sat Apr 06, 2019 4:21 pm
jeba wrote:
Fri Apr 05, 2019 11:26 pm
So what´s your point?
Maybe you should read my post again ……………………… particularly the first line? :roll:


Shane
Even after reading it again I´m still not getting the point. Are you trying to say that Germany´s economy is in bad shape or at least deteriorating and that´s because of the EU? Or that this is true for the EU as a whole - even for Germany? Or something different which I can´t figure out?

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Re: The Rosy EU

Post by Dominic » Sat Apr 06, 2019 9:54 pm

I can't see the point of this thread either Jeba.
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Re: The Rosy EU

Post by Jim B » Sat Apr 06, 2019 10:05 pm

Our adopted home of Cyprus will be one of the top four countries affected by Brexit. It's sad to think that the British who live here and voted leave never took into consideration or the effects it would have on the island and the people who live here

Jim

https://cyprus-mail.com/2019/04/01/cypr ... t-says-sp/

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Re: The Rosy EU

Post by kingfisher » Sat Apr 06, 2019 11:17 pm

Just a lot of hot air about “exposure” and “headwinds” and other ambiguous waffle typical of the “ratings” agencies who never even saw the 2008 crash coming.
So what, Cyprus has been whining on about the bases for decades and ludicrously threatening to send these sovereign territories backdated rent demands, as well as treating the resident UK retirees as cash cows [we’re colloquially known as ATMs].
And finally, the choice in the 2016 referendum was simply remain or leave. It wasn’t about deals or whether I should take into account the possibility of causing Cyprus “headwinds”, or of upsetting a few locals in the tourist trade. Or, come to that, putting a few wannabe Soroses- [or is it Arthur Daleys?]- who happened to be doing a brisk trade in Cyprus, a little out of joint.
NO! Leaving is all about taking back control of our country and borders from the wretched EU!
In the event, that is proving a little harder than it rightfully should, as we are blessed with a bunch of evasive and duplicitous turncoats and liars representing us in Parliament, who have sold out to the globalists for their thirty pieces of silver. May they all, like Judas, go hang!

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Re: The Rosy EU

Post by ApusApus » Sat Apr 06, 2019 11:20 pm

Perhaps they did! ;)


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Re: The Rosy EU

Post by ApusApus » Sat Apr 06, 2019 11:41 pm

ronk wrote:
Sat Apr 06, 2019 8:53 pm
>Jeba..did you click the link provided by the OP ..to look at/read the FT articles?
Obviously not, otherwise he and Dominic would be the wiser! :lol:


Shane

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Re: The Rosy EU

Post by Jim B » Sun Apr 07, 2019 7:21 am

Jon
Of all the leave posters on here I would have thought you would be the last one to be taken in by that guff about taking back control of our borders.

Jim

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Re: The Rosy EU

Post by kingfisher » Sun Apr 07, 2019 8:02 am

Good Morning Jim. Whilst I humbly acknowledge I am probably even more percipient and intelligent than many of my leave colleages- which is saying something- sovereignty is nevertheless the central tenet of leaving.
Through spending too much time in the remain ranks, you have come to believe like most of them, that it is all economics, finance and trade. Whilst these are very important, to me they take second place to autonomy.
Jon.

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Re: The Rosy EU

Post by jeba » Sun Apr 07, 2019 10:27 am

kingfisher wrote:
Sun Apr 07, 2019 8:02 am
you have come to believe like most of them, that it is all economics, finance and trade. Whilst these are very important, to me they take second place to autonomy.
Jon.
At least, that´s honest. But I wonder how many of those who voted leave share that view. Wasn´t it a major point of the referendum campaign that it would be better for financial reasons to leave the EU? At least that´s the impression I got from watching it from the sidelines (as I´m not British).

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Re: The Rosy EU

Post by jeba » Sun Apr 07, 2019 10:27 am

ronk wrote:
Sat Apr 06, 2019 8:53 pm
>Jeba..did you click the link provided by the OP ..to look at/read the FT articles?
Only the first and second. And those left me wondering about what might be his point.

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Re: The Rosy EU

Post by Jim B » Sun Apr 07, 2019 11:36 am

kingfisher wrote:
Sun Apr 07, 2019 8:02 am
Good Morning Jim. Whilst I humbly acknowledge I am probably even more percipient and intelligent than many of my leave colleages- which is saying something- sovereignty is nevertheless the central tenet of leaving.
Through spending too much time in the remain ranks, you have come to believe like most of them, that it is all economics, finance and trade. Whilst these are very important, to me they take second place to autonomy.
Jon.
Jon
As I've stated many times on here my concerns are social and I personally believe the ordinary people get more benefits from the EU in personal rights and social infrastructure than we ever received prior to joining. Safety at work and improvements in our living standards and opportunities in education and science is what drives me, not financial reasons as you suggest. This is what drives most Remainers, well the ones I know, anyway.

Jim

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Re: The Rosy EU

Post by Happy in Cyprus » Sun Apr 07, 2019 12:42 pm

Couldn't agree more, Jim.

And by way of so-called 'taking back control of our borders', the outcomes many of us have predicted over the past year or two are now coming home to roost, this being just one small example:

https://uk.news.yahoo.com/daffodil-work ... 34352.html

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Re: The Rosy EU

Post by kingfisher » Sun Apr 07, 2019 1:02 pm

Jeba, I speak for myself when I say that I value sovereignty above all other considerations; I knew the pound would be pummeled by opportunists and speculators, and indeed it affects me, but that is nothing compared to the sacrifice made by the millions who gave their lives over the centuries for our freedoms.
Jim, The UK has managed to get back some of the 230 billion it has put into the EU over the years, and invest in infrastructure, education etc., as you point out. However, the EU pill is sugar-coated. For me, it is a bitter pill with appalling side-effects.

Jon

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Re: The Rosy EU

Post by Dominic » Sun Apr 07, 2019 3:00 pm

ApusApus wrote:
Sat Apr 06, 2019 11:41 pm
ronk wrote:
Sat Apr 06, 2019 8:53 pm
>Jeba..did you click the link provided by the OP ..to look at/read the FT articles?
Obviously not, otherwise he and Dominic would be the wiser! :lol:


Shane

No I did click the link, and read a few of the articles. I still can't see why you bothered to post the thread.
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