London post-brexit as a financial center

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

  1. Visaria

    Visaria

    This is a great example of European thinking....and why the UK must leave asap.

    https://www.irishtimes.com/business...rsue-cheap-food-policy-after-brexit-1.3802972


    The United Kingdom must not be allowed to “pursue a cheap food policy” after it leaves the European Union, Irish Farmers’ Association president Joe Healy has declared.

    “It was very important and is very important that the UK in any deal wouldn’t be able to go off and do their own trade deals with other countries,” he told RTÉ’s Radio 1 News at One.

    The value of the UK food market, which is worth nearly €250 billion annually must be maintained, and not undermined by the UK government’s “ability or desire” to see food prices slashed.

    It could, he said, seek trade deals with countries “that the UK or Irish or European farmers couldn’t compete with because their standards of production wouldn’t be as good, their costs of production wouldn’t be as high and the produce that they produce wouldn’t be as good either,” said Mr Healy.

    Despite concerns about the impact that high tariffs could have on Irish food exporters if the UK quits the EU in late March without a deal, Mr Healy insisted that the IFA was not urging the Irish Government to make concessions in negotiations.
     
    #431     Mar 2, 2019
  2. Visaria

    Visaria

    If I had my way, I would immediately send the largest military force in the EU i.e. ours and annex the rest of Ireland into the UK.

    Backstop problem solved!
     
    #432     Mar 2, 2019
  3. Sig

    Sig

    Said like someone who doesn't even know someone killed or maimed in a pointless war...or someone so self absorbed they simply don't give a fuck about anyone else. Which is it?
     
    #433     Mar 2, 2019
    Stockolio and d08 like this.
  4. Visaria

    Visaria

    It would benefit Ireland so would not even have to be a pointless war or even a war at all. They could simply concede peacefully.

    I note you did not comment about my prior post about the Irish Farmer's Union protectionist views.
     
    #434     Mar 3, 2019
  5. Sig

    Sig

    Wow, you are truly delusional! The history the the U.K. and Ireland aside, which this American apparently understands far better than you, the sheer hipocracy is just stunning. You start a whole Brexit thing over sovereignty and then just cavalierly think anyone your great and mighty self thinks is better off without it should and will just happily give it up to the U.K! I don't know if that's just incredibly facile or another aspect of narcissist behavior. You've made enough comments showing a complete and utter lack of awareness of other humans as anything but a means toward an end that I'm beginning to conclude the latter. That explains a lot but also explains that it's rather pointless for anyone here to engage in any kind of dialog with you.
     
    Last edited: Mar 3, 2019
    #435     Mar 3, 2019
    Van_der_Voort_4 likes this.
  6. Visaria

    Visaria

    Another solution I was just thinking about was that the UK creates its own trade bloc. Ireland could exit the EU and join up(peacefully!). Makes sense since the UK is the biggest trading partner of Ireland. Other countries such as Norway and Switzerland might also want to join.
     
    #436     Mar 3, 2019
  7. Why would Norway/Switzerland/Ireland prefer a trade deal with one isolated country to one they already have with twenty others on their doorstep?
     
    #437     Mar 3, 2019
  8. Visaria

    Visaria

    Norway and Switzerland have crap deals with the EU. Being in a trading bloc which includes the UK (the UK being eu27's biggest trading partner) enables a better trade deal to be negotiated.

    With regard to Ireland, the UK is its biggest trade partner.
     
    #438     Mar 3, 2019
  9. Visaria

    Visaria

    From The Telegraph:

    Economists from the Munich-based Ifo Institute for Economic Research have estimated that a “hard but smart” no deal Brexit would cost Britain about 0.5 per cent of its GDP, with Ireland hit ten times as hard, with a 5 per cent drop in GDP.
     
    #439     Mar 6, 2019
  10. TraDaToR

    TraDaToR

    I haven't checked much of the developments on this thread, but here is the state of the relocations. I would have thought Frankfurt would have been the great winner but apparently it is Dublin:

    https://www.reuters.com/article/uk-...-finance-intensifies-think-tank-idUSKBN1QS00B

    By the way, shit is starting to emerge on the broker side. I got an email from my former broker in a major UK broker dealer explaining that Eurex traders will soon have to trade through their cyprus subsidiary under some weird title transfer agreement. Exactly the type of crap I was worried about in my opening post...
     
    #440     Mar 11, 2019
    schweiz likes this.