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Originally Posted by Paul Markham
Yes we face a time of recession because China is heading there.
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yes thanks to trump who failed to decrease the negative tradebalance with china (the opposite is the case) but fucked up EVERY OTHER economy.
something like an independend economy is not existing since the homo sapiens left africa.
and I donīt really know what you want to prove with the link you send me.
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Especially when those countries have so much power in Brussels.
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did it ever come to your mind the voting power and GDP have also to do with population?
and look who is second on that list !!!!
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As for the way negotiations went. T. May fucked up badly. She allowed the EU to set the agenda in every sector, she gave way time after time, she made no preparations to show that the UK was ready to leave with a No Deal,etc. The EU on the other hand were brilliant at negotiations. They told her what they wanted and she agreed repeatedly, even after telling everyone these were her Red Lines and she wouldn't take less.
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even if that would be correct it shows you already the power of a union versus the power of one country.
but it is not correct because the only thing brits want is not to pay anything.
but the point is that they still have a lot of "debts".
one of the EU rules is that bills are send to a receiver in year X because they agreed to pay. but that does not mean that the ammount is to pay in that year. it can be done at any any time later.
so EVERY EU country agreed to pay different bills (they did not really pay it yet and this is one of the very big brexit lies) and for this the received also from the money pot (but his money they received RIGHT AWAY)
so britain received but did not pay the obligations they had for that.
and they think they can leave the EU without paying it.
you should inform yourself about the circumstances before you post nonsense.
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We knew that the majority of Parliament was opposed to the result, they didn't follow the vote of the people. Because the Upper Middle Class are doing well from being in the EU. The country isn't. We have to either spend a lot more money we don't have, which has to be raised by taxes or borrowing.
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the most important economic factor in an economy is the upper middle class. money goes from up to down.
and sure the parliament did not like to pay obligations but they are here and nobody else will pay for it just because they donīt want.
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Because after 25 years of the EU, wages stagnated, taxes fell, debts rose and things like housing, welfare budgets have gone through the roof.
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why do you count everything on that and donīt include other aspects ?
i think i told you a million times that money tells you nothing. what tells you something is prosperity. or: what you GET for your money. welfare is part of this prosperity because it helps people to survive even in situations when they canīt.
it also helps the economy because it helps people to SPEND MONEY BACK into the money circulation and keeps it alive.
if you would start to understand what an economy is, what money is and how an economy keeps spinning, you would come to the conviction that we can not measure things on money or % but on what we can buy with it. if you compare that with the past you would see how good we are doing.
maybe you should read a bit about human memory and how true it is what we remember.
maybe that would give you an explanation why we see in every generation this "the past was much better thing".