London post-brexit as a financial center

Discussion in 'Wall St. News' started by TraDaToR, Dec 12, 2018.

  1. Hard to see how she gets a deal through now. Looking like either a No Deal or an extension IMO.
     
    #421     Feb 25, 2019
  2. Extension is fugazi, won't change Irish Backstop. Ireland will not have a border again, it'll bring havoc and chaos

    Extension will be used to prepare 2nd Referendum... The onlyyy way I see the shot callers having May go through a No Deal is if they want a massive recession that will have people embracing Socialism due to struggles, inflation growth far out pacing wage growth. That's it, only thing a No Deal accomplishes is chaos and a green light for the recent pump n dump of Markets to go into effect. If they can't get a deal after 2 years, it's cause they don't want one

    Nobody is this incompetent by accident, it's on purpose
     
    #422     Feb 25, 2019
    schweiz likes this.
  3. Disagree. This is a farce; incompetence rarely seen in UK govt history, not some deliberate ploy.

    No Deal won't necessarily cause a massive recession in the UK. We could for example slash corp tax, attracting businesses from all over, strike free trade deals with e.g. China, India, US, membes of the commonwealth. Could be the best thing to happen to the UK in 100 years. Ironically, you'd almost definitely end up with far more brown people - nurses from Nigeria, coders from India etc (eat that xenophobes haha!), but it could work, and work well.

    Certain sectors would do really badly. Food. Autos. Anything else we rely on the EU for. BUt many sectors will win due to no more EU regs. Pharma for example. Financial Services.

    For the record, I voted Remain. And please note that this No Deal dream will only work with strong free marketist leader in charge. Javid for PM! May needs to go ASAP.
     
    #423     Feb 25, 2019
  4. N Ireland is a massive issue, no idea what to do with them. UK currently subsides NI to the tune of £10.8bn and the RoI can't afford that, so.... there's really no solution. A hard border, quickly phasing in high tech ways to speed up checks :shrugs:
     
    #424     Feb 25, 2019
  5. apdxyk

    apdxyk

    Sadly, no one quotes Morning Star.

    It's not incompetence, it's sabotage. Not the first time..
     
    #425     Feb 25, 2019
  6. dealmaker

    dealmaker

    Brexit Upheaval

    The leader of the U.K. opposition party, Labour, has made a significant u-turn on the idea of a second Brexit referendum. Having previously been lukewarm on the idea, Jeremy Corbyn now says Labour will support a second referendum if the government doesn't agree (it won't) to swap out its own Brexit plan for Labour's, which involves a permanent customs union with the EU. Meanwhile, Theresa May could announce today that she wants to delay the Brexit date. Politico
     
    #426     Feb 26, 2019
  7. Brexit Chart.png
     
    #427     Feb 26, 2019
  8. Sig

    Sig

    #428     Feb 26, 2019
  9. It's highly likely that there will be no Brexit at this point. Between No Deal Brexit or Staying, most Citizens will choose staying if it goes to the votes, and it's looking like it will go to the votes.

    This was the play the whole time, doom and gloom no deal in media, wait until the wire and make it a choice of chaos or staying, it's a no brainer... This would be some 5D Chess if it's all a ploy for a No Deal Brexit
     
    #429     Feb 26, 2019
  10. schweiz

    schweiz

    It should be a no brainer for the British leave camp to enable them to understand it.
     
    #430     Feb 27, 2019