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‘BREXIT MEANS BREXIT’, but what does that mean?
Despite British Prime Minister Theresa May keeping her cards close to her chest, her hand has been forced into revealing at least part of what her government’s Brexit plans are.
In order to keep to the planned timeline, May was forced to concede a commitment to Labour that she will give more details about what they are seeking from the EU in negotiations.
In a much-anticipated speech today, this will be laid out at the glitzy Lancaster House, a central London mansion usually used by the Foreign Office.
So what are we likely to hear? According to the weekend papers, May is expecting to announce a full withdrawal from some of the major institutions of the EU.
Namely: the EU’s single market, the European customs union and the European Court of Justice.
The Sun’s front page described this as ‘May’s triple Brexit blast’ and such a clean break from the EU would certainly constitute a so-called ‘hard Brexit’.
While the UK may have wanted to maintain some connection to the bloc, the EU has made it clear that free movement of citizens is a prerequisite to doing so. That’s something that Brexit hardliners couldn’t countenance.
With governments across the EU sure to be listening closely to what May has to say, Irish officials will be keen to see if the British PM makes any reference to bilateral relations and the future status of the Irish border.
This broad brushstroke speech may avoid going into such specifics, but May’s imminent visit to Ireland may mean it gets some mention.
In anticipation of May’s speech today sterling plunged to $1.1986 yesterday, a 31-year low and its lowest level since October’s “flash crash”.
The pound has fallen sharply since Britain’s vote last June to exit the EU, pushing up share prices of multinationals and also having some unexpected consequences for consumers.
Yesterday, May won endorsement from Donald Trump over her Brexit course, with the US President-elect saying that Britain leaving the EU would “end up as a great thing”.
Trump added in an interview with The Times newspaper that he would work for a trade deal with post-Brexit Britain “quickly and done properly”.
- With reporting by © – AFP
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Why has May waited until now to reveal her hand? Has it really taken her this long to formulate this idea? What were the advantages of waiting? No clear policy here, just a reformulation of the same old vague promises of future greatness. The snakes in Brussels will be laughing all the harder. Brexiteers should be in doubt that their country is about to enter into an uncertain and probably volatile phase of its history that will determine the lives of generations to come, and it is been led by a bunch of absolute incompetents.
@Ruairi O Neill: A rushed job is a botched job. The public that voted remain need to be given time to mentally adjust. Its easier to get in than out
It took them long enough, now maybe they’ll get a plan
Ireland is way ahead of her! Firstly an Irish generation is already doomed cause of our politicians incompetence. Secondly, the Irish gov never planned for anything. Thirdly, Britain lowers it corporation tax. Ireland must compete so we must lower our corporation tax too. But wait, it’s already zero! So what are the Irish gov gonna do now? Blame all this on the brits?
The problem with the Tories is not really incompetence but that they are actively working against the interests of the majority of the British population as they serve the needs of big capital. The same is true of the Lib Dems and most of the Labour party of course. While Corbyn who does attempt to speak for the majority has been relentlessly attacked by the political, corporate and media establishment.
Blame it on the brits? Isn’t that the default anyway?
Just to clarify, corporation tax is 12.5 percent but for the big multinationals, it’s almost zero.
She has no strong hand whatever she says today, Britain exports 44% of its goods to the European Union, and the much-larger EU exports only 7% of theirs to Britain, she is with her back against the wall, I expect Scotland to announce the 2nd referendum soon
@Red Marauder:
Britain exporting less is not necessarily a problem for them though. In real terms, exports are a cost to a nation and imports are a benefit. A nation loses real resources (goods & services and the labour required to produce them) when it exports. In return it receives the currency of the nation it exported to. That currency is created by pressing computer keys or printing pieces of paper, nothing more. So the exporting nation has swapped it’s real wealth of goods and services for computer keystrokes or paper. The importing nation of course gets the benefit of the good & services it has purchased with electrons or paper.
The foreign currency which the exporting nation has received may in the future be used to purchase the products of the issuing nation (or converted to another currency) but there is no obligation on that nation to sell it’s goods & services if it chooses not to and it gets to decide at what price it will sell and for what currency.
“MMT emphasizes that in “real” terms, imports are a benefit and exports are a cost. Floating the currency and relaxing capital controls allows a nation to enjoy more “benefits” (imports) and fewer “costs” (exports). The nation can “afford” to enjoy all the output it can produce plus whatever output the rest of the world wants to sell to it. It “pays for” those net imports through expansion of its capital account surplus. On the capital account, this is reflected in rest of world accumulation of financial claims denominated in the importer’s currency.”
http://neweconomicperspectives.org/2014/02/mmt-external-constraints.html
@Red Marauder: the EU isn’t important to Britain no more, were leaving behind a failed political union in brussels and rejoining the global economy, you can moan and cry as much as you want but fact of matter is your not important to us no more sorry buddy :) lol
@rich jezzer:
The British are acting like an old man who wets himself at a dinner party then rants at all the guests about how much better things were in his day…
@Benjy Could be true but leaving the EU would increase prices for British exports and reduce the level of economic activities and production, prices for imported goods and services would rise for British consumers and companies. Both developments would reduce real GDP in the UK
@Damocles I suggest you take a look at the english express for example. It’s filled daily with disgusting unmoderated xenophobic bigoted anti Ireland flith & also against other European countries. It’s a vile reflection on a large segment of english society. Comments here are practically loving compared to that grime.
@Ruairi O Neill:
There was no plan on how to exit before the vote, and I believe 7 months later they still have no idea. There is however a big battle within the Tory party as how to exit and this will now become public policy. Those who are of a business slant want to remain within the customs union, those who pushed hard to leave want to get out as quickly and hard as possible otherwise they feel if it is drawn out there is a possibility of another vote or some events will happen that will stall or stop Brexit, this is currently what is playing out and it seems the hardliners are winning.
@rich jezzer, here’s an idea, why don’t you and your cronies shut the hell up, leave the EU and leave everyone to get on with your own thing?
Stop talking about it and just go.
I’m pretty sure we will all be fine in the end of it.
We will all cope just fine without the UK.
@Pepper Brooks:
Indeed. The hard Brexiters are the same people who spit in the faces of the Irish workers in the the UK in the 1950′s and 1960′s, with “no dogs, no blacks, no Irish” signs. And ironically the same sort of Irish people here are now defending them.
@Red Marauder:
Sterling is depreciating which makes British exports cheaper to buy abroad and so they will tend to increase in volume increasing economic activity and GDP. (Not that increased GDP is a benefit felt by the majority)
On the flip side, a depreciated pound will kame imports into Britain more expensive as you outlined. However the British state can always afford anything which is for sale in sterling including imports as they issue the currency. The state could for example purchase critical imports like oil and sell them on internally at whatever price they choose.
@Benjy Dempsey:
oil is priced in dollars, sterling v dollar is at an all time low so if they need to import oil this greatly increases the cost. Britain has to import all sorts of raw materials and food, as an economy. while exports will be cheaper as you say raw materials will be more expensive along with all the imported consumer items leading to inflation and a depreciating sterling leads to a reduced net GNP. They maintain the currency will further depreciate, however their comes a point where you can only devalue so much as it loses confidence in the currency and for a nation that is heavily dependent on imports will greatly increase inflation. Devaluing a currency has to be done very carefully any nation that just prints money or devalues at will over a medium to long period of time ends up destroying the economy. devaluing a currency is one of the last resorts for an economy and is not a long term solution but a short solution to dig an economy out of a hole and cannot be used at will.
You are right red in many ways. but I think Scotland won’t leave the uk now. The reason they will have to apply to join the EU. Spain will object because.if Scotland gets in catalonia will break with Spain
@ktsiwot:
Oil was a bad example as Britain has it’s own oil reserves in the North Sea. The point remains. The British state can afford anything which is for sale in sterling including all the raw materials you mention. The government can purchase any imports it wishes and sell them on internally at whatever price they choose and control inflation.
Britain has a floating currency and does not deliberately devalue it’s currency. Devaluation refers to nations which peg their currency to another and promise a fixed exchange rate e.g. Chinese Yuan and the dollar. China deliberately devalued the Yuan last year against the dollar.
Britain does not promise to convert sterling to anything at a fixed rate. Sterling floats and depreciates and appreciates due to multiple variables like capital flows etc.
All floating currency issuing nations creates (prints as you call it) their currencies at will. They spend the currency into existence and tax it back out in a continuous flow. Taxation is what backs the currency not the indefinable “confidence” that you mention.
The government imposed tax liability creates a demand for the currency, ensures it is widely accepted and so gives the currency legitimacy. Everybody needs to obtain the currency in order to pay their tax bill which is only payable in the state’s currency and no other currency. Therefore everybody accepts the currency in return for the goods and services they deliver, including their labour.
And in the capitalist economies most of the money creation function is now undertaken by the commercial banks (rather than the central banks/nation states) and is most certainly not carefully controlled.. Each new loan creates new money through the simple act of pressing a computer keyboard and creating a new bank deposit to match the loan. The new money is sent into circulation and gradually taken out of circulation as the money is paid back but at at a much slower pace. This has resulted in the global money supply expanding exponentially across all the major currencies since the 1980s.
http://positivemoney.org/how-money-works/how-much-money-have-banks-created/
Effectively the nation states have privatized much of the money creation function and sub contracted it out to the commercial banks. Because the banks of course have everyone’s best interest at heart as we saw in the catastrophic property bubble which they fuelled, inevitable crash, vast bailout and decade long recession that resulted.
boganity there is no plan. nobody with half a brain in Britain wanted this. now they are trying to limit the damage
The wogs start at Dover
jesus benjy where did you study economics. read “the wealth of nations”.
@ktsiwot: You are entirely wasting your time. Benjy has declared that “… In real terms, exports are a cost to a nation and imports are a benefit ..” which runs counter to every known economic perspective so you are dealing with a different reality.
@rich jezzer: Lets be honest, Britain was never really attached to Europe from the day it joined the common market. They will be doing everyone a favour by bowing out as long as they don’t take thefamily silver with them.
ktsiwot. at last a sensible voice. benjy seems to have learned his economic theory from the ladybird book on economics
May has no choice but to make ‘a virtue out of reality’ you’re either in or out of the EU. Saying she’s taking a hard line is playing to the Brexit gallery. Nothing in the world stays the same, change happens and while there are worries we need to accept that change and look for the opportunities that may arise.
Exactly, it’s jump and hope someone throws her a parachute on the way down
They do have a plan. The plan is to kill off the NHS(costing too much), offer crazy low taxes to big companies and start taxing their own a little more. It’s the only way to keep that mess afloat. Basically, they will look like Big Ireland, which conversely and ironically rings true the phrase Little England since we will simply be looking into a giant mirror.
@Gavin Scott:
The hilarious thing is many voters especially in Northern England voted for Brexit as an anti-globalization vote. They were sick of free movement of both people and capital which had seen their jobs shipped overseas.
And what do the Tories offer to them now? Turbo charged globalization. Trade deals with every third world nation under the sun who will demand the ability to dump their goods and services cheaply on Britain AND allow much greater free movement of people from their much poorer nations.
It’s a like a Greek tragedy.
Yes, the UK should indeed be looking for the opportunity in it all. But it would be completely thick to ignore the challenges brexit poses also.
@Gavin Scott:
Britain can always afford to fund the NHS as they issue a floating currency, sterling. Britain can afford to buy anything which is for sale in sterling including the labour of doctors, nurses, medical equipment, medicine etc.
Starving the NHS of funding is a purely political choice of the British establishment who serve the interests of big capital at the expense of the majority of the population. It’s the same ideology which reduces tax on big capital while heaping extra tax burdens on to the backs of ordinary people.
I think you will find that it is rare to have free movement linked to trade deals. Australia-New Zealand have it but NAFTA do not for example
@Benjy Dempsey: Benjy, here you go again. I have never seen anywhere in the world which works on the basis you suggest. If your currency is internationally traded, as sterling is, then your observations are moot because the currency will fall in value to whatever it is perceived to be worth in reality. Printing money as a substitute for budgeting and trying to balance income and expenditure won’t even work in the medium term in a closed economy. The UK is not a closed economy.
You are correct about NHS funding being a political choice. Of course it is. All public expenditure choices are ultimately political. Of course if the UK goes down the road it proposes, a tax haven, they will run into a problems with a very hostile EU and, ironies of ironies, Donald Trump. So in reality this option is not really open to them and runs entirely counter to the desire worldwide to see corporations pay more tax.
Fred Johnston’s comment above about “turbo charged globalisation” nailed it. The UK voters have been sold a pup. They got out of the EU allegedly because of migration. Their main problem appears to be with EU migration and not migration from outside the EU which they already have control of. Truly weird. So they are going to rush to the bottom in terms of workers rights and become a real trading nation! This is so like attitudes to workers at the start of the industrial revolution. Only a tiny minority will benefit and they will not be the vulnerable or the poor.
It’s really sad to see a UK Government reduced to such nonsense. I follow their statement with awe at the level of cupidity and stupidity. They are living in ga ga land. There is no economic nirvana to be found down the road on which they are travelling. This is rampant la la land right wing ideology.
@Ben Gunn:
That’s true about NAFTA but the US is in the position to dictate quite a lot to Mexico.
Is the UK in a similar position with any country in the world?
@John R:
No. The monetary system works as I’ve described in every floating currency issuing nation on the planet including Britain which trades extensively. There is no linear relationship between monetary expansion and Fx depreciation. If there was then Fx movements would be predictable and they’re not.
Or maybe you can send on the data showing the link?
@John R:
“budgeting and trying to balance income and expenditure” Is not applicable to the macro economy and the currency issuer. The micro economy of a private company is utterly different to the macro economy of the nation and should not be compared.
If the government runs a surplus then the non- government sector has a deficit of exactly the same size. It’s an accounting identity. Governments running a budget surplus means money draining money from the private sector.
Which is why a sustained run of government surpluses almost inevitable results in an economic crash. Exactly as we saw in Ireland during the boom when the state ran a surplus for the 5 years before the meltdown in 2008.
The budget deficit (or surplus) should always be allowed to float to whatever level is required to support full employment to maximize productive output while maintaining price stability. As the economy approaches maximum productive capacity with full employment, the state can then remove money from the system via taxation and reduce government spending to counteract inflationary pressures.
Running a deficit is no concern to most states as they issue their own floating currencies. In contrast, a deficit for the private sector is a problem because the private sector doesn’t issue the currency. So the only time the state should run a surplus is when the economy is at maximum employment and productive capacity at which point the introduction of more money might drive excessive inflation.
Yes, they can print money no problem. That is, until it develops problems. The change in value of a currency has significant effects on daily life. Printing money exaggerates those effects, let’s not act like it’s a simple solution because it isn’t.
All this crap,hard soft fast slow.if you want to leave just up and leave.even the old queen can’t understand this nonsense, she say get on with it.Just stop giving them the money they will very soon get the message .
@Francid Dooley: you say that with such authority, “all this crap, hard, soft… blah blah. Real tough like, as if you knew what you were talking about.In fact, it is hugely complex and has massive implications that is yet to be fully understood but I guess that shows how elections are won these days ,some ill-informed bluster from a “guffoiligist that sounds like it’s coming from a no-nonsense straight shooter. Bravo sir .
Thank you
The reason that you can’t just “get on with it” is because there is more too it than you obviously realise.
Let them off ..All eyes front ..iceberg dead ahead. “Nearer my God to Thee..”
And of course the EU did not force us into an Iceberg, remind me what percentage of EU banking debt are we paying back? Ah yes 40%, rather a big iceberg so it is.
That was our fault we went crazy trying to run our economy on selling houses to each other
Boganity – really, do you expect people not to buy houses then? Where would you suggest people live? Is it currently people’s fault too? What about the youth of the EU, is it their fault that in some countries over 50% of them are unemployed?
I am pleased you think we should pay off the debts of German and French banks, but I do not.
It’s ok to buy a house not 4 or 5. I’m not pleased to be bailed out but we had no alternative if you burn your creditors no one ever does business with you again…take a look at Argentina it has never recovered, we have.
Boganity – what percentage of people bought 4 or 5 houses? If that is the issue then why are so many owner occupiers in arrears on their mortgages?
It is odd that all of the financial figures coming out of the UK are exceeding those coming out of all EU memeber states.
Most people I know did
You might have went crazy but nobody I know did. If you think we should be paying a debt back that has nothing to do with the ordinary Joe soap then you must be a banker. Remember the fools running this country didn’t even ask for a write down of the debt forced on us.
These were ordinary joe soaps working in manual Labour jobs, had it all and own nothing
*now
Ordinary Joe Soaps buying houses didn’t cause the crash. The availability of cheap money and weak regulation allowed Joe Soap to buy something he couldn’t afford. Again it wasn’t Joe Soaps fault
Which was lent to ordinary joe soaps who where paper millionaires for a short period.
@Boganity: the people who recklessly lent the money took a gamble, which they wrongly believed would reap them huge profits, they hadn’t done their homework and their gamble didn’t pay off. Until f.f and f.g government stepped in to cover their losses. Their was no legal or moral obligation on the Irish taxpayer to cover these gamblers losses, but those elected to represent us bowed to their true masters.
We may not have a legal or moral obligation to bail out the banks but if we burned the creditors the banks would have collapsed and all account holders, not just the debtors, would have burned and the economy would have collapsed. We then would have been a pariah like Argentina which has been in a depression for the past 20 years and still going. The austerity we just went through would have been paradise by comparison to the austerity we would have had. We had a moral obligation not to pass on our mess to future generations.
Argh… The eternal discussion on who’s fault it all was…. Look, house prices need some kind of control, it’s the single most obvious lesson in supply and demand and “letting the market dictate”. People wanted to get on the property ladder; no blame in that. Some wanted to use money they didn’t have and shouldn’t have been allowed to borrow it. Some people bought a few houses which just increased demand. And now here we are again, mostly this time it’s foreign buyers in the property market rather than fighting among ourselves. As a nation we need to get a grip on housing.
The vulture funds knew Ireland made the right decision with the bail out and acted when everyone else said it was the wrong decision. The herd mentality brought us down and the herd mentality caused us to be blind to what they saw so we missed the opportunity. The politicians could see and could have capitalized on it and avoided the housing crisis we now have. But it’s unfair to blame the politicians as they’re just weather vanes who point in the same direction as public opinion. So now we have calls for actions that are unconstitutional.
May is playing the long game . It’s only a starting negotiating position. Let the games begin.
She has no long game to play with a locked in 24 month deadline from invoking article 50. How can you play a long game hurtling at 100kph at a brick wall ?
If the brick wall is 100000000000 miles away
@Boganity: It just needs to be 1752000 km away, if you’re hurtling towards it at 100 kph, then you have 24 months time to think about what will happen when you hit it :P
Both of you have to be in sales and marketing.
For the kind of work that needs to be done 2 years isn’t a long time. The only sensible way for the uk to approach brexit is to be assuming that they’ll not be trading with the EU and instead be concentrating on non-eu trade deals. The position today is one that doesn’t necessarily bear any resemblance to what the eventual deal will be. Whether that’s a posturing thing or a reality thing is up for debate but not that relevant
And Larissa must love maths!
@Paul P O’Sullivan: I actually do
It’s churlish to attack May for what she seems to be about to say. She has been forced to lay out the bones of the stance by a Labour Party that doesn’t understand the concept of holding your cards close to your chest prior to a negotiation. It’s the initial bargaining position. Noises from Brussels suggest that denying the EU direct access to the city of London will hurt them more than it will the UK. Time will tell, but I suspect an initial hard stance is all that’s going to work with the supercilious EU team who seem determined to play hard ball themselves.
She been forced because she was was under pressure because she was about to launch the U.K. Into the unknown and she had no Feckin plan
@damocles There’s playing cards close to chests and then there’s indecisiveness; contradictory stances from cabinet ministers, vague promises and repetition of meaningless catchphrases, multiple reports of government infighting. According to the Sunday Times article Boris is winning her over with his arguments that they need hard Brexit. I find it staggering that they haven’t even made up their minds on this yet. BoJo didn’t even know himself until a few days before he set out his stall (remember the unpublished pro-remain article; remaining would be “a boon for the world and for Europe”). She could’ve elaborated on what she meant by Brexit means Brexit long before now without compromising her negotiating team. But she’s allowed the British press and the EU to dictate initial positions. She’s been made to look a fool, which won’t help her when the time comes.
@Damocles: there is no playing hardball here the terms were clear even before the vote. You need to be completely ignorant of how our union works and what it is to not see that.
My arse!
She willingly took the PM job knowing what it would entail. She’s now the head of state and carries final responsibility. She’s not being “forced” to do anything – she has embraced it enthusiastically.
The Queen is head of state and May is just her Prime Minister
Either way. May has chosen her role and chosen her actions. She’s not being forced to do anything.
Except make a decision
The UK pursuing an isolationist policy. That worked out great in the 1930′s.
Those that forget history are doomed to repeat it.
@aoife✨: Isolationist policy ?? that’s what the EU is doing by making enemies with the new US president alongside Russia’s Vladimir Putin and now with Britain, the EU will soon have no allies to protect there countries and borders and I for one wouldn’t risk British soldiers lives for there shitty countries !!
It’s clear you have no NFI what an isolationist policy is, what you’ve described is a trading bloc
Rich, IMHO millions of retired Brits living throughout EU wouldn’t share your views.
Freedom of movement is a two way street.
Would you not reconsider? Remember, the 48% Yes vote knew what they’re talking about. Regretably, BoJo and Nige have pulled off an elaborate con job!
@rich jezzer: Don’t mind the British soldiers, they are in Afghanistan shooting children then taking selfies of themselves pissing on the corpse. They defecate when they face any real threat, but can always reassert their manliness she they go home by beating up their wifes (who no doubt was experiencing really manliness when they were gone).
@rich jezzer, you go on as though we will not survive without “Great Britain”!
I think we will do just fine without you.
Just mind your own F@€king business!! But hey, that’s not the British way. Always have to interfere
joe you have a problem
Better to fight the Russians in Germany and Poland than in Britain. That’s what NATO is all about.
@rich jezzer: Just remember mate as long as Britain has a navy and the NHS they will never be slaves, everything will be grand
BREXIT will mean freedom for every Brit right across our islands, and the freedom to make our own trade deals with the rest of the world, plus free movement will be ending along with the common travel area, the EU is on the ropes not only has the EU made Britain an enemy but they’ve also made enemies with the new US president along with Russia’s Vladimir putin, the EU is becoming more and more isolated by the day the real question is how long are the folks in the rest of Europe going to put up with it for !!
@rich jezzer: yes we are all doomed since the seventies just get on with it already
@RichJezzer trade deals with whom ? They keep talking about the USA, Canada & Australia. Trump will put us place trade tariffs on imports to the USA, as he said he would. Canada is focused on its major trading partner the USA and Australia is now part of Asia and its booming developing countries. It has no interest in dealing with the UK at the expensive of its economic partnerships with Asia.
@David Fülöp: if it was up to me we would already be out, I agree
Iceland negotiated more trade deals than the EU over the number of years. I expect and hope the UK get good deals as it will once again show up the mess that is the EU.
Remind us, what’s the population and GDP of Iceland ?
The point is the EU can’t negotiate a trade deal when a country of 330k can. I expect the UK to have deals in place while the unelected lot in Brussels are still discussing it over their caviar and champagne
You’re comparing the flea to the elephant who’s back it’s on
Great, hit the road,
Fantastic!! See you later
@rich jezzer, Without a doubt there are many countries in this world who would like to see the demise of the British.
That’s because the British oppressed, rapped, robbed, committed genocide and then walked away like there was nothing wrong.
BREXIT is the last few kicks of the dying British empire.
@rich jezzer: You won’t get much free movement with two aircraft carriers and a few rusting submarines after NATO is declared obsolete.
@Blackwater: The Commonwealth will likely die with the passing of Queen Elizabeth. Countries like Australia and Canada won’t feel so attached to King Charles and his missus.
@Cathal S Byrne: The UK has no trade negotiators and it is a very difficult thing to negotiate. Trade deals take years to negotiate unless of course you are desperate and take what you are offered. The UK is in precisely that situation now and every prospective trade partner knows it. So does Donald Trump. He is not your friend because he smiles at you. He just sees an “opportunity” to make a buck for the US.
@Chris Kirk, I fully agree with you. If I think of the country’s who want to stay in the Commonwealth, they would mostly be poor African country’s
The triumvirate of evil; the UK, Russia and USA. Determined to undermine and destroy European unity. WW2 allies once again only this time the ‘enemy’ is us.
True…but as the U.K. is about to discover with friends like Trump who needs enemies.
@kingstown: Much like the 1940s then.
Unbelievable. We know what Brexit means alright. Brexit means economic suicide so she can placate the elderly curtain twitchers, bigots of all ages and economically illiterate lager louts. Brexit is basically a big tattoo on the UKs forehead which reads “I’m under-educated”.
@Fred Johnson: By educated you a mean, communist, socialist, green, climate changer, liberal, celebrity led rump compliant with the dictates of Peter Sutherland, Bono, Geldoff, and Hillary Clinton. OK with abuses of women and gay people being killed in Muslim countries and with genocide against Christians in those same countries.
By uneducated you mean prepared to put the foot down and so get off my back and carry your own load.
@Val Martin:
No i mean people who actually know what they’re talking about regarding the technical topics of trade, finance and economics. People who know a lot more than yourself.
Tool
Yes…but she’s also set in train the reunification of Ireland but she doesn’t know it yet
If you believe that Boganity, you’re an idiot!
No idiot just a pragmatist: when it comes to money self interest always wins over all other issues
Margaret Thatcher reborn .
Thatcher, as much as I disliked her, had a plan, this moth is pissing into the wind
She will go down in history as an idiot.
To be fair she had no other option
This should be an interesting few months. Also an abject lesson on why people like Gove and Farage should be shut down at every opportunity.
brexit is the best example of national self harming
She said a lot while saying very little. “stronger”, “better”, “prosperous”, “more united”. Lots of buzz words – now for the execution…
@ Dildo, I fully agree with you. It’s just noise.
What is she really going to do? Nothing really.
Hopefully the whole EU gig will collapse soon. It’s no place for decent people. They are facing us here in Ireland with poverty. They are no better at planning the economy than we are. Wind power can’t power an economy, not can carbon taxes. Voters are swinging away big liege .
Young people can’t get a home, most can’t get jobs. EU countries giving more in foreign aid than to their own people. Never a plan to help their own people. They don’ t have what it takes. Its an obsolete concept to be left behind by America abd the rest of the world
What a gee bag. She is another thacher a female hitler
have your say