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Brexit slowly becoming a Farce.


John Lambies Doos

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 (Johnson's) false claims about the withdrawal agreement are part of his wider rhetorical pitch: that, as he put it again in his victory speech on Friday morning, the UK is “leaving the EU as one United Kingdom”. Even if we ignore the Scottish question, this is utterly fraudulent. It is a matter of fact that Northern Ireland is not about to leave the EU on the same terms as Britain.

He's a compulsive liar.

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Yanis Varoufakis is the first name that springs to mind, certain he was a professor prior to becoming Greek finance minister! Some great talks on youtube from him about his time as finance minister and other subjects, as an aside.
Also, his wife is the girl Jarvis Cocker is singing about in Common People.
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UK banking system 'resilient' to no-deal Brexit, says Bank of England

The scenario, which goes beyond what most analysts would expect even from a worst-case Brexit, involves a UK recession with GDP falling by 4.7%, with interest rates rising to 4% and the unemployment rate going up to 9.2% and is the toughest "war game" test yet thrown at the UK banks.

https://news.sky.com/story/bank-of-england-uk-banking-system-prepared-for-any-no-deal-brexit-11888391

We're fucked but the banks will be fine.

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UK banking system 'resilient' to no-deal Brexit, says Bank of England
The scenario, which goes beyond what most analysts would expect even from a worst-case Brexit, involves a UK recession with GDP falling by 4.7%, with interest rates rising to 4% and the unemployment rate going up to 9.2% and is the toughest "war game" test yet thrown at the UK banks.
https://news.sky.com/story/bank-of-england-uk-banking-system-prepared-for-any-no-deal-brexit-11888391
We're fucked but the banks will be fine.
Sure weren't their stress tests not all showing resilience pre the 2008 crash???
These tests are fucking useless
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22 minutes ago, BawWatchin said:

They won't.

They won’t buckle. But once “no deal” is the default position of the UK then it will force some hard discussions within the 27 and flush out what really is their combined bottom line. The “ticking clock” that Barnier kept spooking Theresa May with will now be ticking in his ear too as he tries to make sense of 27 different competing national interests.

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It's a bit of a con, all he has to do to reverse it is introduce legislation which will easily pass if it looks like we'll crash out.


But would he? And would his MPs allow it?

Pointless posturing from a position of strength that’ll come back to bite him for me. Like May and her red lines.
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10 minutes ago, welshbairn said:

It's a bit of a con, all he has to do to reverse it is introduce legislation which will easily pass if it looks like we'll crash out.

Agreed. With the slight tweak - will easily pass if a large chunk of Tory MPs are more scared of a no deal outcome than they are of disobeying a triumphant Boris administration.

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6 minutes ago, MixuFixit said:


Well if you're the negotiator in the stronger position, the weaker negotiator adding a time limit to the negotiation hurts them more than it hurts you, no?

Like we're threatening to jump off the tower block and they'll have to clean up the mess? Sounds about right.

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