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Brexit 101
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Brexit 101

  #721 (permalink)
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xplorer View Post
NATO is a military alliance, it's got nothing to do with trade, though.
expect to be (trade-speaking) cornered.

Nato is military union and important when it comes to military trade but not relevant for other goods .

Compare Switzerland with Mauritius. what is the different and why is it more difficult for Switzerland to remain independent than for Mauritius.

Or why can Australia for example push the Tobacco price of a pack to $40 .


And by the way even NorthKorea is not cornered when you see the new Limousine of Kim

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  #722 (permalink)
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carofa View Post
Compare Switzerland with Mauritius. what is the different and why is it more difficult for Switzerland to remain independent than for Mauritius.

Or why can Australia for example push the Tobacco price of a pack to $40 .

I have no idea on the above, you tell me why.



Quoting 
And by the way even NorthKorea is not cornered when you see the new Limousine of Kim

I don't understand, what has Kim's new limousine got to do with trade, within the context we are discussing?

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  #723 (permalink)
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xplorer View Post
This may not be a perfectly fitting example but in these cases I tend to simplify: just like the Global brands and shopping malls are able to concentrate shopping in one place commanding preferential treatment from suppliers - and in the process cornering smaller shops - at a wider scale, an economic union has a similar premise. If you are part of it, you are expected to benefit from its membership. But if you are left alone, expect to be (trade-speaking) cornered.

There comes a point where you can go too far in one direction. If Amazon started acquiring a bunch of donkeys it's overall profitability would suffer. It would benefit the donkeys though.

In the EU, Germany probably get some trade benefits from being part of a bigger whole, but they also have to suck up a lot of shit, and thus overall I'm not sure if they are better off.

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  #724 (permalink)
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sixtyseven View Post
In the EU, Germany probably get some trade benefits from being part of a bigger whole, but they also have to suck up a lot of shit, and thus overall I'm not sure if they are better off.

Germany is - in economic terms - far and away the greatest beneficiary of the Eurozone & therefore in essence of the EU.

Because as an industrial producer it is so much more efficient than every other EU nation & is not burdened like Switzerland with a hugely stronger currency, it continues to crush its Eurozone neighbours. This cannot change as long as Germany remains in the Eurozone.

Regardless of what the German public may think and its politicians may say, the only reason Germany bailed out Greece was because Germans banks had profitably lent them so many billions. Germany "bailed out" itself!

It's amazing how these things remain hidden from the public eye. The QE carried out by the major national banks to "save" us all from global meltdown , was just a massive state handout to those that caused the problems, ultimately paid for by tax payers and savers. I'd explain why, but I've just come off the golf course (birdie on the last ) and it's time for my bath...

My guess remains that the Brexit situation only appears so ludicrous because we do not really know what is going on behind the scenes.

... and don't forget, I STILL don't think Brexit is going to happen (uh-oh, the men in white coats are coming for me...).

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  #725 (permalink)
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jtrade View Post
Germany is - in economic terms - far and away the greatest beneficiary of the Eurozone & therefore in essence of the EU.

Thanks. I clearly need to do update my thinking. I could understand the benefits for the EU up to '95, but after that I assumed it was all downhill. If I understand you, things got even better still for Germany from '95?

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  #726 (permalink)
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jtrade View Post
Germany is - in economic terms - far and away the greatest beneficiary of the Eurozone & therefore in essence of the EU.

Because as an industrial producer it is so much more efficient than every other EU nation & is not burdened like Switzerland with a hugely stronger currency, it continues to crush its Eurozone neighbours. This cannot change as long as Germany remains in the Eurozone.

Regardless of what the German public may think and its politicians may say, the only reason Germany bailed out Greece was because Germans banks had profitably lent them so many billions. Germany "bailed out" itself!

It's amazing how these things remain hidden from the public eye. The QE carried out by the major national banks to "save" us all from global meltdown , was just a massive state handout to those that caused the problems, ultimately paid for by tax payers and savers. I'd explain why, but I've just come off the golf course (birdie on the last ) and it's time for my bath...

My guess remains that the Brexit situation only appears so ludicrous because we do not really know what is going on behind the scenes.

... and don't forget, I STILL don't think Brexit is going to happen (uh-oh, the men in white coats are coming for me...).


Moaaahahaha - did the white coats get you? I think you're of a different opinion now
I enjoyed seing how the very own promissed thing that brought current party in power is the one and only thing that will burrow it to the ground for another decade or so. But hey, pure sheer incompetence (starting from how they run the pre-vote campaign, to the current circus nobody laughs at anymore) doesn't come without a political cost.

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  #727 (permalink)
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An interesting list of what the Leave supporters said about trade negotiations to promote the vote to leave

https://twitter.com/EmporersNewC/status/1113547733300842497

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  #728 (permalink)
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xplorer View Post
An interesting list of what the Leave supporters said about trade negotiations to promote the vote to leave

https://twitter.com/EmporersNewC/status/1113547733300842497

Now that is a great link - what a bunch of incompetents. Thanks !

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