Is the EU falling apart...?

[Frownette]

My mother seems to be convinced it is. She hasn't given a compelling reason.

And someone at the Halifax told her that it was!

Emmanuel Macron will make sure that the EU reaches new highs of prosperity.

Western countries having trade deficits comes from that pesky thing called
workers wanting to be properly paid, the world over

Germany pays better than UK

the world's economy is interconnected. Which is why when the US economy had major problems in 2008 so did the rest of the world, and in 1987 and in 1929. The US is only 11 percent of the world's economy.

The EU is equal with the US as Japan's largest export market. Its the US number one export market, and so on and so on.

See you really, really don't know enough about Econ to be talking about it.

If any "bloc" breaks up it will be China, every dictatorship fails, who would have thought, as Russia landed on the moon, that 20 years later,
the USSR would collapse into chaos?

So national pride based on something the nation didn't achieve alone eh Mystery? Funny that

Falkland was all UK forces. Victory enabled Mrs Thatcher to romp the 1983 election.

We were allowed to attack the Falklands, if the US had said no, we wouldn't have gone.

malylis
doesn't matter what Legarde said

That's odd - because you linked to other interviews she gave on the same day.

I also found it interesting that in 2014, Angela Merkel was said "to have asked France whether it would be willing to put forward International Monetary Fund chief Christine Lagarde as president of the European Commission."

"Merkel eyes IMF’s Lagarde for EU Commission President"

www.euractiv.com/section/eu-elections-2014/news/merkel-eyes-imf-s-lagarde-for-eu-commission-president/

No no Clav you are still missing the point.

The IMF forecast a recession for the UK on leaving.

Mystery has dismissed any expert analysis based on the fact that they got this wrong and has stated that because of this nothing any expert has said could possibly be accurate. .Yet then invoked IMF expert analysis later to support a point.

EU is China's second largest export destination.

So if 15 percent of the world's economy is in economic crisis, the three biggest singular economic countries in the world have big issues with exports ( c + i g + x-m) what are they the components of?

Oh and if you are lucky I'll tell you the rhyme I used to get the lower 6th in a girls school to remember it (its a bit rude).

Superior Airborne and elite RM forces against a young conscript army, mirage copies better, harrier pilots far better trained and with superior missiles.

Bulldog spirit didn't help our ships, torn apart by a far superior air to ship missile system.

God is always on the side with the biggest and best forces!

It was a fabulous hrd earned victory but the cause of the Argentinian invasion was terrible uk policy, which is why Carrington stepped down, he took the blame for Thatchers stupidity in withdrawing our last ship from the falklands or was she just very clever? willing to sacrifice lives for power?

Shame the troops that fought there (and in other wars) aren't supported by all these proud brit leavers!

The EU is equal with the US as Japan's largest export market. Its the US number one export market, and so on and so on

What about imports? US has trade deficit with EU which they don’t like. Both China and Japan have smaller trade surplus than Germany which they don’t like.

Break up of the EU, with the aim of making Germany stand alone so that tariffs can be applied to imports, will encourage domestic demand.

See you really, really don't know enough about Econ to be talking about it

Neither do the economics experts judging on their inability to predict any of the big ticket economic events.

We were allowed to attack the Falklands, if the US had said no, we wouldn't have gone

If your parents hadn’t bonked you wouldn’t be alive. So on your logic everything you have done was not achieved alone.

The idea that the EU is about to collapse really is one of the stranger manifestations of Brexit psychosis. It's pure fantasy.

No no Clav you are still missing the point.

I might be missing the point you want to make but I'm learning all sorts about the IMF and the EU:

www.bloomberg.com/opinion/articles/2019-08-05/imf-top-job-shouldn-t-be-stitch-up-for-eu-kristalina-georgieva
www.cnbc.com/2019/08/02/eu-nominates-kristalina-georgieva-as-the-next-imf-chief.html
www.politico.eu/article/eu-to-increase-imf-funds/

Mystery has dismissed any expert analysis based on the fact that they got this wrong and has stated that because of this nothing any expert has said could possibly be accurate

Was referring to UK so called experts. Not the entire planet.

The US has a larger trade deficit with China and this makes up almost half of its entire trade deficit.

No country is trying to break up the EU or would benefit from it.

If the EU is in crisis it doesn't stop domestic demand in any of these other places for EU goods (in fact the fall in the value of currency would make it larger assuming Marshall Lerner is met).However it would reduce exports, which would lead to a widening trade deficit.

Econ isn't your strong point, you do seem rather obsessed by the Germans though.

Bulldog spirit didn't help our ships, torn apart by a far superior air to ship missile system

Sinking of the belgrano was good compensation.

Thatchers stupidity in withdrawing our last ship from the falklands or was she just very clever? willing to sacrifice lives for power?

I would say the latter. Just like the Argentinian president invaded to divert attention from domestic problems in Argentina.

No you were referring to all experts, even the article you insisted very impolitely that I read ad evidence of your claims referred to the economist profession as a whole and cited the IMF and OECD as examples (and also quoted US bank economists). You are just desperate to make excuses.

So Mystery, why are UK economists to be dismissed because they predicted a recession after a leave vote, but IMF economists who did the same thing are not?

The idea that the EU is about to collapse

Not imminently, but over time. All the pointers are there.

UK leaving the EU is the catalyst.

For greater EU unity? Because since we left Salvini in Italy has been a lot more conciliatory and complementary about the EU.

If the EU is in crisis it doesn't stop domestic demand in any of these other places for EU goods (in fact the fall in the value of currency would make it larger assuming Marshall Lerner is met).However it would reduce exports, which would lead to a widening trade deficit

Not every EU member uses the Euro.

Was referring to domestic demand in US, China and Japan for goods produced locally due to tariffs applied to German imports after EU breaks up.

Exports maintained by trade deals with UK and between each of the US, China and Japan. Hence no need to rely on a bloc that was once only 15% of World Trade.

The extreme right has just been beaten in elections in Emiglia-Romana.

No you were referring to all experts

Was not.

Take a look back at all the posts. It started with the UK treasury being nowhere near with the recession and the 500,000 to 800,000 job losses.

the article you insisted very impolitely that I read ad evidence of your claims referred to the economist profession as a whole and cited the IMF and OECD as examples (and also quoted US bank economists)

So get on with it. Present your rebuttal arguments that demonstrate the comments in the Article are wrong whether they apply to UK economists or all economists.

So Mystery, why are UK economists to be dismissed because they predicted a recession after a leave vote, but IMF economists who did the same thing are not?

Read Clavs posts. Lagarde was going along with Project fear started in the UK. Look at the dates of the articles.