Pyro as Bill said:

Bofferbrauer2 said:

Possibly for a while, as the EU budget is always votes for a period of several years, so these might still be included right now. But once those run out, I doubt that the EU will want to finance the UK any further, so the Brits will need to finance it themselves.

We're a net contributor.

Anything we 'got' from the EU we are now free to double spending on or spend it where we think it should be spent.

Still you need to remember that this money, doesnt just go into a pit.
Its used for things that benefit all the countries of the EU.  Alot of that, was focused in area's that where in the UK.

So even if you spent ~8 bn / year after the rebate the UK had, the actually "loss" is alot less than that.
Also to put things into perspective, this is probably like 0.2% of the UK's GDP.

Lets not blow it out of perprotions, the amount of money spent on the EU is tiny and meaningless for the UK.
And the benefits it got, probably heavily outweighted the costs it paid.

"we can spend this money better ourselves" mentality is stupid imo, I honestly doubt if thats even true.



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JRPGfan said:
Pyro as Bill said:

We're a net contributor.

Anything we 'got' from the EU we are now free to double spending on or spend it where we think it should be spent.

Still you need to remember that this money, doesnt just go into a pit.
Its used for things that benefit all the countries of the EU.  Alot of that, was focused in area's that where in the UK.

So even if you spent ~8 bn / year after the rebate the UK had, the actually "loss" is alot less than that.
Also to put things into perspective, this is probably like 0.2% of the UK's GDP.

Lets not blow it out of perprotions, the amount of money spent on the EU is tiny and meaningless for the UK.
And the benefits it got, probably heavily outweighted the costs it paid.

"we can spend this money better ourselves" mentality is stupid imo, I honestly doubt if thats even true.

UK economy used to benefit a NET £70bn per year from EU membership... anything else is pure speculation based on hopes that what comes next will be better...

well, at least now they'll have to find someone else to blame for their shit, my prediction is that the country's problems will be more real, I really hope I'm wrong

the European UK is sacrificed for a global one... good luck with that, Londonistan in the making will get a speed boost

Trump wanted NHS, now it's chlorinated chicken, coming soon onto your tables, to replace cheap high standard fruits from EU countries whose prices will now rise for the sake of dropping the high EU standards... that's how fcked up things are in reality, and that goes without even mentioning Scotland... :/



don't mind my username, that was more than 10 years ago, I'm a different person now, amazing how people change ^_^

Peh said:

GB is out.
Next is Scotland leaving UK.

Not likely, Boris Johnson clearly said there would be no referendum for Scotland, and you have to love the irony when you hear the UK saying they leave cause they want freedom and democracy against us horrible Europeans and our horrible and obvious dictatorship. As for Scotland they are free to NOT leave the UK...

At this point, the only way to get a referendum will be pressuring London into allowing it. I hope that our Scottish friends will be one day allowed to free themselves from the UK, I hope they will be given the choice the UK always had when joining the EU. But at least this shows where freedom and oppression really are.



CrazyGamer2017 said:
Peh said:

GB is out.
Next is Scotland leaving UK.

Not likely, Boris Johnson clearly said there would be no referendum for Scotland, and you have to love the irony when you hear the UK saying they leave cause they want freedom and democracy against us horrible Europeans and our horrible and obvious dictatorship. As for Scotland they are free to NOT leave the UK...

At this point, the only way to get a referendum will be pressuring London into allowing it. I hope that our Scottish friends will be one day allowed to free themselves from the UK, I hope they will be given the choice the UK always had when joining the EU. But at least this shows where freedom and oppression really are.

From what I can gather: 

Does Scotland have the power to hold a referendum?
There has long been legal debate over whether the Scottish Parliament, rather than MPs at Westminster, could pass the laws needed for a new vote on independence to be held - but the matter has never been tested in court.
Ms Sturgeon has rejected holding an "illegal or wildcat referendum", like that held in Catalonia in 2017, but she hasn't ruled out a legal challenge to see if Holyrood could actually legislate for a poll.
But this is not her focus for now. She warns that the outcome of such a court case would be deeply uncertain - "it could move us forward, but equally it could set us back".

https://www.bbc.com/news/uk-scotland-scotland-politics-50813510

They can try and see where it goes.

Edit: I have no clue how to fix the color…..



Intel Core i7 8700K | 32 GB DDR 4 PC 3200 | ROG STRIX Z370-F Gaming | Nvidia RTX 2080 Ti 11GB VRAM | Asus PG27UQ gaming on 3840 x 2160 @120 Hz GSYNC HDR| HTC Vive Pro :3

Reached PC master race level.

I hope Brexit fails its a disaster to shove Europe out of the way. Nobody is ruling over Britain all laws are made in Britain debated and voted on, it's just rules for trade etc that's the difference and certain other things that Britain had signed on board for.

Too bad all those over 50's just want some pride back so they voted Brexit. Anyone with any racist or discriminitave tendencies all voted Brexit its a diagrace



...not much time to post anymore, used to be awesome on here really good fond memories from VGchartz...

PSN: Skeeuk - XBL: SkeeUK - PC: Skeeuk

really miss the VGCHARTZ of 2008 - 2013...

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I voted bexit. 

Your comment of "Anyone with any racist or discriminitave tendencies all voted Brexit its a diagrace" just goes to show that you have a bias and simply disagree to the point of name calling.



Good to see this site is still going 

The coronavirus crisis has exposed the truth about the EU: it's not a real union

The European Union has scraped through its latest crisis by the skin of its teeth. The past week has been a disgrace. When ministerial talks collapsed on Thursday over the plan for a “coronabond”, the reaction seemed terminal. Germans and Dutch insulted Italians and Spaniards. Italy’s prime minister, Giuseppe Conte, said his country faced an “economic and social emergency”, and the EU appeared not to care.

The Danes spoke of “a financial crisis on steroids”. The European commission’s vice-president, Frans Timmermans, predicted “the EU as we know it will not survive this”.

Finally a last-minute package was agreed, for €500bn of emergency loan finance. This was little more than an extension of the existing European stability mechanism, designed to help individual countries in short-term emergencies. Even then, it was a mere third of what the European Central Bank had said was needed, €1.5tn euros. What was specifically not agreed was any sharing of the economic burden of the pandemic across European treasuries in general. It was mostly more loans.

The reason was glaringly obvious, and as old as the EU itself. The northern European nations within the eurozone still do not trust the hard-pressed southern ones to spend money wisely and pay back their debts.

https://www.theguardian.com/commentisfree/2020/apr/10/coronavirus-crisis-truth-eu-union-financial-rescue

If you read it on TheGuardian....



LurkerJ said:

The coronavirus crisis has exposed the truth about the EU: it's not a real union

The European Union has scraped through its latest crisis by the skin of its teeth. The past week has been a disgrace. When ministerial talks collapsed on Thursday over the plan for a “coronabond”, the reaction seemed terminal. Germans and Dutch insulted Italians and Spaniards. Italy’s prime minister, Giuseppe Conte, said his country faced an “economic and social emergency”, and the EU appeared not to care.

The Danes spoke of “a financial crisis on steroids”. The European commission’s vice-president, Frans Timmermans, predicted “the EU as we know it will not survive this”.

Finally a last-minute package was agreed, for €500bn of emergency loan finance. This was little more than an extension of the existing European stability mechanism, designed to help individual countries in short-term emergencies. Even then, it was a mere third of what the European Central Bank had said was needed, €1.5tn euros. What was specifically not agreed was any sharing of the economic burden of the pandemic across European treasuries in general. It was mostly more loans.

The reason was glaringly obvious, and as old as the EU itself. The northern European nations within the eurozone still do not trust the hard-pressed southern ones to spend money wisely and pay back their debts.

https://www.theguardian.com/commentisfree/2020/apr/10/coronavirus-crisis-truth-eu-union-financial-rescue

If you read it on TheGuardian....

to be fair....  Theguardian is a british newspaper, that would like to go out of their ways to smear the EU.

One point is right in all this though:

"The northern European nations within the eurozone still do not trust the hard-pressed southern ones to spend money wisely and pay back their debts."



JRPGfan said:

One point is right in all this though:

"The northern European nations within the eurozone still do not trust the hard-pressed southern ones to spend money wisely and pay back their debts."

And if you look how Italy has been run in the last decades, you'd not be surprised the least. Italy, for example, has been a sinkhole for the EU for, like forever. And now they are yelling "we want even more money from the EU because it's all the EU's fault". The louder people in Italy are mad because they think they have the right to get even more money, while the louder people in the north are mad and think enough is enough, Italy should be tossed out of the EU.



From theguardian as well:

https://www.theguardian.com/commentisfree/2020/apr/09/brexit-britain-economy-coronavirus-gdp-figures-economic-growth


"When this outbreak first began, all the talk was of a sharp but mercifully short economic sting in the tail. The downturn triggered by putting everyday life on hold to halt the infection should, we were told, be V-shaped: a shock, but one from which we’d soon bounce back. Like many comforting predictions in the early days of this pandemic, that is beginning to look alarmingly over-confident."

"The first problem with picking up exactly where we left off is that where we left off was already in trouble."

"we may have been teetering on the verge of a recession, as business confidence dried up in the face of a potentially hard Brexit. The fear is that the economic aftermath of this crisis, like the virus itself, might be toughest on those with pre-existing conditions - including otherwise thriving western countries choosing this moment in history to shoot themselves in the foot."

^ basically Britain already had "pre-exisiting conditions" with reguards to its economy.... before the Corona virus hit them.
They also were very late to shut things down (because they believed in herd immunity at the start of the outbreak), so the UK is weeks behinde other nations, in fighting this thing off (and thus likely have to stay closed up for even longer).

"Yet the trouble with calls to ward off economic disaster by risking an early end to the lockdown is that, in a sense, it’s too late for that now. If the country had been shut down right at the start, when there were only a handful of cases in Britain and influential voices were still scoffing that this was just a touch of flu, there may have been public outrage at a perceived over-reaction, but we might now have had the luxury of wondering whether we could afford to ease off.

As it is, there was something almost surreal about a No 10 press conference that saw journalists asking when we might be allowed out again while the death toll was climbing towards 1,000 a day. We are nearing the moment of maximum danger, the moment hospital chiefs hold their breath and even atheists in Whitehall start praying. The blunt truth is that nobody is going anywhere, possibly not for months yet, if we want to keep this infection within hospitals’ capacity to cope. So if we can’t cure what directly ails the British economy any time soon, the only option is to try and improve its underlying condition. "

"if the lockdown lasts into early summer, a similarly big ideological leap of imagination looms over Brexit. For the first time, according to a YouGov poll, a narrow majority of Britons now want to extend the transition beyond December, suggesting the last thing many voters want right now is another economic shock. For now, Boris Johnson’s administration is clinging to the pretence that a complex Brexit deal can still somehow be negotiated in the middle of a national emergency that has put the prime minister in intensive care."


You guys have to remember:
Brexit didnt go into effect until Jan 31st 2020. (realistically it hasnt yet, first dec 31st 2020)
Also theres a 11 month long transition periode, granted the UK (in the deal).

So once this corona virus outbreak is gone, the UK is gonna have to deal with all their trade deals falling apart (dec. 31st 2020).
Good luck trying to get the economy back on track in the UK.

Its hard to "invest" into production (build new plants / create jobs), if you know your gonna run into issues selling things, soon after.


Edit:
Reminder, before the UK joined the EU, their ecomony was in huge trouble (its why they joined).
They got farvorable deals, to help them get their economy back on track, and kept those all the way to they left.

They have a huge "service industry" and "financial industries" that are dependent on the EU allowing them to do bussiness the way they have, and these allowances are bound to fall by the side, once they are out of the transition periode.  Its a no brainer, their economy will suffer a hard hit, because large amounts of their money are made from un-sustainable bussiness (once they leave).

Last edited by JRPGfan - on 12 April 2020