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Brexit

See all MNHQ comments on this thread

Germany's economy in freefall

667 replies

urbanlife · 26/07/2019 06:58

www.telegraph.co.uk/business/2019/07/25/german-economy-free-fall-exhausted-draghi-loses-magic/?li_source=LI&li_medium=li-recommendation-widget

So leaving on WTO terms looks like a very sound choice. Germany props up the entire EU superstate pretty much.

I for one am feeling much more optimistic by the day.

OP posts:
Mistigri · 26/07/2019 16:09

Livingdead I have vanishingly little patience for idiots, but I quite enjoy trolling leavers with facts on a slow work day.

BigChocFrenzy · 26/07/2019 16:10

I live in Germany and our newspapers say the economy is growing

It is growing more slowly than predicted a year ago, because Germany has been hit by Trump's trade war with China

Brexit is mentioned quite a lot, but only to eyeroll over the latest UK Tory idiocy

Much sympathy for ordinary Brits and UK exoats living here,
but opinion polls show a large majority of Germans believe the EU has either given enough or too many concessions to the UK govt

There is no significant support for more concessions and none for bullying Ireland into dropping the backstop

EmeraldIsle2016 · 26/07/2019 16:12

because EU member Ireland demands the backstop as a condition for an exit deal

So it is ROI that want the backstop as opposed to Brussels.

half the EU members are small countries, who would never accept a small country being dumped because of trade in the larger countries

The smaller countries in the EU are mostly the ones that are net takers from the EU as opposed to net contributors. Can’t see them being too upset about anything as long as they get funds from the EU. Even if they did object what will they do? Leave the EU and lose the free money?

Mistigri · 26/07/2019 16:16

The smaller countries in the EU are mostly the ones that are net takers

In other words, they are net beneficiaries of the EU. Which would be an incentive for solidarity, yes? As we've seen.

Mistigri · 26/07/2019 16:17

So it is ROI that want the backstop as opposed to Brussels.

Nah, you're completely misunderstanding this.

Ireland wants the backstop to protect the GFA.

The EU27 want the backstop to protect the single market.

Their interests are completely aligned.

bellinisurge · 26/07/2019 16:18

"So it is ROI that want the backstop as opposed to Brussels. "
And yet they are being supported by tbe other 26. Funny that?
Pathetic attempts to separate ROI off and bully them will fail.

dreichhighlands · 26/07/2019 16:21

The “Irish backstop” is effectively an insurance policy in UK-EU Brexit negotiations. It’s meant to make sure that the Irish border remains open (as it is today) whatever the outcome of the UK and the EU’s future relationship negotiations. It would keep the UK very closely aligned to EU customs rules, with some regulatory differences between Northern Ireland and the rest of the UK
Full fact

The Republic of Ireland would like the GFA, an international peace treaty to be honored. Thus their enthusiasm for an open border.
The DUP does not want different conditions in NI to the rest of the UK, hence a universal backstop.
We could have an Ireland only arrangement which would honor the GFA but create stress in the Unionist/Westminster relationship and more stress on the Holyrood / Westminster relationship.

EmeraldIsle2016 · 26/07/2019 16:23

In other words, they are net beneficiaries of the EU. Which would be an incentive for solidarity, yes? As we've seen

How will the net taker EU countries lose out if backstop is removed from WA? If backstop is not removed and UK leaves without a deal how is that beneficial to the net takers?

bellinisurge · 26/07/2019 16:26

You still don't get it do you.
Peace. Protect single market.

dreichhighlands · 26/07/2019 16:32

emerald The countries in the EU will lose out because lives will be lost in one of their member countries.

billysboy · 26/07/2019 16:35

well done Urban some good points well made to some of the regulars

bellinisurge · 26/07/2019 16:36

I haven't spotted any good points unless repeated ignorance about GFA counts as a good point.

EmeraldIsle2016 · 26/07/2019 16:44

Peace

If neighbours can’t get on how does that overrule results of a vote. On that logic ISIS should be allowed to free to do whatever they like on the basis of you don’t they might get upset and there will less peace.

The day the world bows down to the threat of violence is the end of the world.

dreichhighlands · 26/07/2019 16:49

It was an international peace treaty that the UK willingly signed after years of planning.
If we cannot be trusted to keep our word on those when it becomes inconvenient why would other countries trust us with trade agreements?

dreichhighlands · 26/07/2019 16:51

Just in case you were unaware of this vote @EmeraldIsle2016

The Good Friday Agreement referendum, 1998 was a referendum held in Northern Ireland over whether there was support for the Good Friday Agreement. The result was a majority in favour. A simultaneous referendum held in the Republic of Ireland produced an even larger majority in favour.

Emilyontmoor · 26/07/2019 16:53

On Asian trade Germany exports almost three times as much as the U.K. to China. (£76bn to £27bn) The level of trade we do with China has not been held back as a result of EU membership, indeed what we do export to them particularly in terms of services is because of EU membership. The Chinese for instance were going to launch yuan trading in London because passporting would give them access to the whole European marketing but have shelved those plans. And now we have A PM expressing enthusiasm for the belt and road initiative which even Turkey and Poland amongst many others have now turned their back on amidst concerns that it is a geopolitical tool for a hardline regime to exert power via debt trap diplomacy, as well as being environmentally unsound since a fair bit of the Chinese investment is in coal based power stations around the world. So now we have to concede a level of desperation to do business that exceeds that of the Polish and Turkish? Let alone all the issues like intellectual property theft and state involvement in companies like Huawei that Trump actually is justified in confronting the Chinese on.

SonEtLumiere · 26/07/2019 17:06

This reply has been deleted

Message withdrawn at poster's request.

EmeraldIsle2016 · 26/07/2019 17:08

The countries in the EU will lose out because lives will be lost in one of their member countries

Approximately 3,500 lives lost during the troubles in Ireland since late 1960s to GFA in 1998. That is an average of 10 per month. A lot of people because neighbours couldn’t get on with each other.

Road deaths in EU are over 2,000 per month, but it does morning seem to have held the EU members back in anyway and they have lost out.

See the point?

Mistigri · 26/07/2019 17:09

It's incredibly simple:

Ireland wants the backstop to protect the GFA.

The EU27 want the backstop to protect the single market.

bellinisurge · 26/07/2019 17:22

"Approximately 3,500 lives lost during the troubles in Ireland since late 1960s to GFA in 1998. That is an average of 10 per month. A lot of people because neighbours couldn’t get on with each other."
Are you out of your mind?

BelleSausage · 26/07/2019 17:32

Hi @urbanlife

Did you see that bit I posted for you about Darren Grimes?

This is the kind of reading you need to be doing to convince people that you have any idea what you’re talking about.

For example, not know that Northern Ireland votes along sectarian lines. I for one would like to see Sinn Fein take up their seats in parliament to break the deadlock cause by the confidence and supply deal with the DUP. But that is never going to happen. I know that so I don’t ignorantly suggest it on threads.

SistemaAddict · 26/07/2019 17:50

Are you out of your mind?

Lots of glue doing the rounds amongst the beleavers at the moment.

EmeraldIsle2016 · 26/07/2019 17:58

Ireland wants the backstop to protect the GFA

ROI has a population of about 3 million. How does their wants make a vote cast by over 17 million invalid?

The more I read these posts the more convinced I am that the subject of backstop and GFA is clutching at straws by those who do not want Brexit. Seems too much of a coincidence that it is the remain supporters are the one who bang on about it.

Wonder if those in NI who voted leave are bothered about backstop?

ListeningQuietly · 26/07/2019 18:00

Putin is very canny.
His economy is now smaller than Spain's but his use of bots lets him disrupt all over the world.

dreichhighlands · 26/07/2019 18:00

The Good Friday Agreement referendum, 1998 was a referendum held in Northern Ireland over whether there was support for the Good Friday Agreement. The result was a majority in favour. A simultaneous referendum held in the Republic of Ireland produced an even larger majority in favour.

The vote concerning the GFA came years before the EU ref.