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Brexit 101

  #531 (permalink)
 
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  #532 (permalink)
 
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rleplae View Post
nice parody

Brilliant... and eerily accurate.

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Negotiations haven't even started yet and already you get this



I don't know about you guys but my sentiment is, I don't see adult behaviour on the UK side of the negotiation: only bravado

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xplorer View Post
I don't know about you guys but my sentiment is, I don't see adult behaviour on the UK side of the negotiation: only bravado

Unless adult behaviour is supposed to comprise lying, cheating, feeding one's own snout from the trough and the making of false promises to buy votes, then I haven't seen it in any politicians of any creed anywhere in the world for most of my lifetime.

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ratfink View Post
Unless adult behaviour is supposed to comprise lying, cheating, feeding one's own snout from the trough and the making of false promises to buy votes, then I haven't seen it in any politicians of any creed anywhere in the world for most of my lifetime.

Sure, and that's politics for you, since time immemorial.

But the bravado I speak of is Theresa May speaking openly, on camera and to the press, about how she will be a 'bloody difficult woman' towards EU officials. How is that going to help the negotiations?




This is not the Tory statemanship I would expect. Certainly it's worlds apart from Margaret Thatcher's.

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xplorer View Post
But the bravado I speak of is Theresa May speaking openly, on camera and to the press, about how she will be a 'bloody difficult woman' towards EU officials. How is that going to help the negotiations?

This is not the Tory statemanship I would expect. Certainly it's worlds apart from Margaret Thatcher's.

Agreed, that is just silly posturing, never going to be much different while the hustings are on. She certainly fancies herself as the next Thatcher but doesn't have the class. On the other hand I'm not sure that the other side behave much differently and I suspect this sort of fractious bickering among the kids will just continue to worse.

I still think Brexit will just be a noisy distraction and the EU real problems lie elsewhere, but we'll stay on topic.

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I still think Brexit will just be a noisy distraction and the EU real problems lie elsewhere, but we'll stay on topic.

Maybe we can open a new thread for those - mindful that 'Grexit' 2 years ago was actually what started it all...

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FTSE 100 banking giant Standard Chartered has picked Frankfurt to become the base of its European operations following Brexit, joining a growing number of lenders that are pushing ahead with plans to move operations out of London.

The emerging markets-focused lender is in talks with regulators in Germany about turning its branch in Frankfurt into a subsidiary, a move that would ensure the bank retains unfettered access to the EU’s single market once the UK leaves.

It came as US giant JP Morgan, which employs about 16,000 people in Britain, revealed that it was already planning to move hundreds of bankers from London to Frankfurt, Luxembourg and Dublin in preparation for Britain’s secession from Europe, an announcement that is likely to stoke fears the UK capital’s position as Europe’s financial powerhouse is threatened by Brexit.

Standard Chartered’s decision, which was revealed by its chairman, Jose Vinals, at the bank’s annual general meeting in London, scotches speculation the lender was favouring Dublin for its European hub.

“We have looked at a number of locations but the choice of Frankfurt was very natural. First because we already have a branch there and because it is in Frankfurt that we do our euro-clearing activities,” said Mr Vinals, a Spaniard who took charge of Standard Chartered’s board in December.

Brexit would not force the Asia-orientated bank to change its UK domicile, he said, adding that converting its Frankfurt branch into a subsidiary, which would be subject to stricter regulation, would only affect a small number of London-based employees. It currently has about 90 staff in the German city.



Full article on The Telegraph

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xplorer View Post
Maybe we can open a new thread for those - mindful that 'Grexit' 2 years ago was actually what started it all...

Funny you should say that..

https://www.theguardian.com/politics/2017/may/03/the-six-brexit-traps-that-will-defeat-theresa-may

Obviously G and B are very different animals but I can't help wondering if any nation can deal with the beast that is the EU, I'm assuming it was designed to be all devouring unless it somehow implodes.

His book's cheaper on Amazon, just ordered a copy for a gander.

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ratfink View Post
https://www.theguardian.com/politics/2017/may/03/the-six-brexit-traps-that-will-defeat-theresa-may

Thanks for this. Reading it right now, but I wanted to quickly comment on


Quoting 
no voters in any country can empower their government to oppose Brussels

which is just another way to say that the 'little man' has always little recourse to prevailing against someone bigger.

If you are an individual and pit yourself against, say, the government, even if you think you have justice on your side, you are likely to 'lose' (whatever lose means). A good example is Edward Snowden.

Two years ago, the little man was Greece. Today it's the UK.


In all cases it's always a matter of who has the most leverage.


Funnily, though, 2 years ago I was rooting for Greece, i.e. the little man. I guess I liked Varoufakis' intellectual approach to trying to fix things.


Sadly I see none of that in any of May's team.

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