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View Full Version : George Soros explains why I voted for Brexit



RetSet
1st June 2017, 18:31
Pretty much exactly my reason for wanting out...

'Dysfunctional' EU has plunged into existential crisis, George Soros warns (http://www.telegraph.co.uk/business/2017/06/01/dysfunctional-eu-has-plunged-existential-crisis-george-soros/)

He warned that a split among EU countries that began at the start of the financial crisis in 2008 had been exacerbated by "outdated treaties".

This had transformed the eurozone into a series of creditor and debtor nations overseen by inept institutions that had stirred up resentment in the bloc.

The European Union is now in an existential crisis...

After the financial crisis of 2008, the eurozone was transformed into a creditor/debtor relationship where the debtor countries couldn’t meet their obligations and the creditor countries dictated the terms that the debtors had to meet.

By imposing an austerity policy they made it practically impossible for the debtor countries to grow out of their debts. The net result was neither voluntary nor equal.

:D

sasguru
1st June 2017, 18:41
The EU may well be in trouble but not as much trouble as us apparently:

It's official: The UK has fallen to the bottom of the G7 for GDP growth | City A.M. (http://www.cityam.com/265762/its-official-uk-has-fallen-bottom-g7-growth)

DimPrawn
1st June 2017, 18:43
The EU may well be in trouble but not as much trouble as us apparently:

It's official: The UK has fallen to the bottom of the G7 for GDP growth | City A.M. (http://www.cityam.com/265762/its-official-uk-has-fallen-bottom-g7-growth)

Most of our GDP is "Imputed Rent" which is just rising house prices.

All meaningless bollox. My personal GDP increases make BitCoin's growth look flat. :happy

DaveB
1st June 2017, 19:48
Most of our GDP is "Imputed Rent" which is just rising house prices.

All meaningless bollox. My personal GDP increases make BitCoin's growth look flat. :happy

Your gross product is not something we really want to think about. :puke:

DimPrawn
1st June 2017, 19:52
Your gross product is not something we really want to think about. :puke:

You should see the shit I come out with at work.

PurpleGorilla
1st June 2017, 20:01
February 2017 official figures:

Greece youth unemployment 45.2%

Spain youth unemployment 41.5%

Italy youth unemployment 35.2%

France youth unemployment 23.6%

You can't spin that.

https://www.statista.com/statistics/266228/youth-unemployment-rate-in-eu-countries/

As long as Germany is financially OK that's the main thing...

DimPrawn
1st June 2017, 20:03
As long as Germany is financially OK that's the main thing...

When we and the US stop buying their cars, kitchen appliances and other exports, they are fooked.

squarepeg
1st June 2017, 20:08
When we and the US stop buying their cars, kitchen appliances and other exports, they are fooked.

No, it's the workers in the factories that assemble their cars in the UK and the US who will be fooked.

PurpleGorilla
1st June 2017, 20:10
When we and the US stop buying their cars, kitchen appliances and other exports, they are fooked.

I do love German kit, but not any more. No more BMW. No more Bosch.

I can see quite a few brexiteers boycotting German gear.

And their wine tastes like piss.

scooterscot
1st June 2017, 20:39
Here's the only kit you need


http://www.youtube.com/watch?v=nRLi_G5vCxs

BrilloPad
2nd June 2017, 10:57
When we and the US stop buying their cars, kitchen appliances and other exports, they are fooked.

And we can make them here instead....

uk contractor
2nd June 2017, 11:04
February 2017 official figures:

Greece youth unemployment 45.2%

Spain youth unemployment 41.5%

Italy youth unemployment 35.2%

France youth unemployment 23.6%

You can't spin that.

https://www.statista.com/statistics/266228/youth-unemployment-rate-in-eu-countries/

As long as Germany is financially OK that's the main thing... US unemployment is about 45M as well which is pretty scary along with UK 10M economically inactive (many of those IT contractors & other self employed no doubt!).