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Curious Crow
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Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Britain's Brexit divorce bill revealed by minister...and there's still billions more to pay | LBC" video.
Who exactly spends that and why? Who set up those contracts? Who refused the offer to set up a processing office on French Soil, and instead bought the Bibby Stockholm Legionella breeding boat? You're obviously not joining up the dots...
3
Of course they have, and if the shoe was on the other foot, and Britain needed to protect its financial services industry it would have done the same, right? Unless they didn't believe it was under threat...? The largest donors to the Conservative Party was the City? Somehow, I don't think that's the case now. Their delusions fell away as the EU did what any sane person would do. The City thought they wouldn't, and that was a mistake. Accordingly we should be a little more sceptical about their critical thinking skills.
3
With respect, EU agreements are based on WTO rules. Both the EU and the UK has to follow those rules. And they're not going to leave the WTO because that would be not just harmful, but suicidal. Indeed, the legendary Hard Brexit was delivered by Boris Johnson without informing the public of its true economic cost. He left the bar-faced lie that his deal wasn't a hard Brexit exist untroubled. And now, we know different. And people aren't happy to discover that identity has very little to do with paying your way as a country. Being British, or more exactly, English AND European is far cheaper than just being English.
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Read the House of Commons Library Research Briefing published 24th July 2024 entitled: "Brexit: the financial settlement – a summary." It's online, and can be downloaded as a PDF. Fill your boots.
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As you aren't the EU, nor represent the Council of Ministers, I think your incentive is more readily applied to your comment.
1
It depends then daily, doesn't it as both Sterling and the Euro are floating currencies? Are you going to track it between now and 2065 when we are expected to have finished paying these liabilities off? Well, just get you started, you can read the House of Commons Library Reseach Briefing entitled "Brexit: the financial settlement – a summary", that was published on 24th July 2024. The net figure was cited as being £30.2 billion to be paid to the EU between 2020 and 2065. So the nominal amount may rise and fail with the value the currencies. Arguably then, both sides may consider hedging against that by buying derivatives.
1
Your change of having a pay rise matching inflation for the next 4 decades or so. By that time your current equanimity will be a long forgotten memories as you scramble to stay alive. Happy days? Right?
1
You are being either disengenuous or unable to understand irony. The interviewee openly stated his remain t-shirt is at the bottom of his drawers, because it's going to take time to get to that point. Perhaps English isn't your first language, and idioms trip you up?
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There was a House of Commons Library Research Briefing published 0n the 23rd July 2024 entitled "Brexit: the financial settlement – a summary". This documents cites a total cost of £30.2 billion pounds agreed to be paid by the UK over the period 2020 to 2065. The idea that we will still be paying for Brexit 59 years after the Referendum is horrifying. Nobody voted for being poorer for nearly 60 years. And Starmer being unwilling to at least start rebuilding our economic relationship with the EU is devastatingly misguided. Yes, we have a lot of work to do to rebuild their trust, but we cannot economically ignore the damage for another 60 years.
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So the ongoing consequential economic costs to business and the citizens this country are to be ignored for the next 60 years?
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