The Irish backstop

only until we look at it!

 

It misses the point that you can pick anything in the media to suit an agenda. This is the 3rd time you've posted the same/similar story. I still think its rot.

 

Italy has now fallen into recession.

 

My guess is that the good folk of Slovakia, Latvia, Bulgaria et al don't give a flying f*** about the Irish backstop.

 

There was Barney McGee from the banks of the Lee
There was Hogan from County Tyrone
And a chap called McGurk who was scared stiff of work
And a chap from West Meade called Malone
There was Slugger O'Toole who was drunk as a rule
And fighting Bill Casey from Dover
There was Theresa from Eastbourne, strong and stable
And was skipper of the Irish Backstop

 

Try this...
https://www.bbc.co.uk/news/business-47068401

I live here(Italy) remember.

It isn't a myth that the Euro CANNOT continue in its current form. i.e. a single ECB controlled interest rate in a two speed EZ. Everything geared to suit Germany whilst Italy Greece Spain and Portugal struggle. Even the architect of the Euro has said as much and that the single currency concept worked until politics distorted and corrupted it.
QE artificially made 'growth' in Eurozone appear higher than in reality it was (selling bonds is NOT growth) Now that has ended growth is now falling to the real level. UK did follow a QE programme but nothing on the scale of the ECB.
Still if you really want to believe staying tied to the EU is a safe haven then you are free to think that. IMHO I believe you are wrong. There is NO logical reason other than ideology 'i.e. the four freedoms' that ties unfettered freedom of movement with economic pragmatism such as a Customs union and free trade areas.

 

Tallinn, Vilnius, Porto, Riga, Copenhagen, Luxembourg, The Hague, Wroclaw... all places I've visited since Brexit that are investing in infrastructure and attracting new business.

However anyone wants to spin it, the highly unproductive UK with one of the worst social mobility rates is going to lose companies, that means jobs, that means tax take, that means recession. Many have announced already. Many will announce shortly. If a right wing extremist exit, the stream will become a flood.

I was talking with one company last week who is budgeting a 15% reduction in UK headcount. That's around 530 people. I doubt every company will have such a huge drop, not at first, law firms and accountancy firms tend to cut in waves rather than be too aggressive at first.

The fundamental truth is life in the UK after exit will be worse than what it was before the vote. Not just financial. Not just in terms of standards. But in term of the fundamental rift between old and young. Leave and remain.

 

One things for sure Farage and his team will blame all the inevitable downside of us leaving on Europe . Spouting all the bile and lies that it’s the EU punishing us for leaving etc and calling them names and stoking up the right wing venom they don’t like us . What an odious little man he is and all he stands for . Have you children’s German passports arrived yet Nigel ?

 

Not as good as Bairstow to be honest.

 

Bizarre that the whole country is a prisoner of infighting within the Tory party. The backstop was agreed at the request of May. There is zero chance of it changing now.