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Italy is on verge of damaging the EU in a way which will dwarf Brexit. |
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#1 |
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Forum Member
Join Date: Dec 2005
Posts: 4,343
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Italy is on verge of damaging the EU in a way which will dwarf Brexit.
The EU doesn't have to look very far for problems, they are coming thick and fast.
http://business.financialpost.com/fp...l-dwarf-brexit |
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#2 |
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Join Date: Nov 2007
Location: Kent
Posts: 3,039
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Quote:
The EU doesn't have to look very far for problems, they are coming thick and fast.
http://www.wsj.com/articles/how-obam...ary-1438551147 |
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#3 |
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Forum Member
Join Date: Dec 2005
Posts: 4,343
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Quote:
Never a good idea to link to a site behind a paywall. Can't see anything that relates to Italy.
http://business.financialpost.com/fp...l-dwarf-brexit |
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#4 |
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Forum Member
Join Date: Nov 2007
Location: Kent
Posts: 3,039
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Quote:
Thanks, Would be interesting to see what the EU does if Italy reintroduces the Lira.
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#5 |
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Inactive Member
Join Date: Mar 2003
Location: London, United Kingdom
Posts: 19,783
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Quote:
Thanks, Would be interesting to see what the EU does if Italy reintroduces the Lira.
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#6 |
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Forum Member
Join Date: Aug 2006
Posts: 30,189
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Quote:
Thanks, Would be interesting to see what the EU does if Italy reintroduces the Lira.
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#7 |
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Join Date: Jun 2016
Posts: 15
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Quote:
Collapses hopefully.
http://business.financialpost.com/ne...n-how-to-trade |
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#8 |
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Forum Member
Join Date: Dec 2005
Posts: 4,343
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A stable EU even without the UK is preferable. But that looks like an impossible dream at the current time.
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#9 |
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Forum Member
Join Date: Mar 2016
Posts: 1,000
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Quote:
A stable EU even without the UK is preferable.
By all means hope for its ultimate end. But 'collapse' is the last thing the UK needs. We'd be dragged down with it, regardless of our relationship with it. If it's going to end it needs to be in a clean and orderly manner. |
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#10 |
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Inactive Member
Join Date: May 2011
Posts: 18,881
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Quote:
A sensible post for a change. Why anyone would want the bloc, upon which the UK relies for nearly 50% of its trade, to end in an acrimonious mess is beyond me.
By all means hope for its ultimate end. But 'collapse' is the last thing the UK needs. We'd be dragged down with it, regardless of our relationship with it. If it's going to end it needs to be in a clean and orderly manner. |
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#11 |
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Join Date: Aug 2006
Posts: 30,189
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The EU is totally incapable of that.
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#12 |
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Join Date: Mar 2016
Posts: 1,000
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Quote:
The EU is totally incapable of that.
I remain unconvinced that the UK Government will do a better job of things than the EU side. Time will tell. |
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#13 |
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Inactive Member
Join Date: May 2011
Posts: 18,881
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Quote:
Well, phase 1 is Brexit, so we'll get a good idea of the way any eventual breakup will go over the next couple of years.
I remain unconvinced that the UK Government will do a better job of things than the EU side. Time will tell. |
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#14 |
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Inactive Member
Join Date: Mar 2003
Location: London, United Kingdom
Posts: 19,783
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Quote:
How about you have a look at what the very same online publications says about Canadas great trading opportunities, etc. Could potentially be interesting reading for some Brexiter:
http://business.financialpost.com/ne...n-how-to-trade |
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#15 |
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Forum Member
Join Date: Apr 2004
Posts: 5,887
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Quote:
More Project Fear with doom & gloom from Leavers.
![]() Italy will be a huge problem for the Eurozone but France will be worse. The French economy is heavily invested in the Italian financial system and if Italy's system starts to tumble then France will follow. It'll be bad news for us too so I'm keeping a very keen eye on events in Italy to ensure I'm invested out of the market before anything happens. There's still a chance they'll kick the can down the road again but I'm not optimistic about it. |
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#16 |
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Forum Member
Join Date: Mar 2003
Posts: 4,527
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"Last Updated 8 December". Since then the Italian Government has agreed a €20Bn bailout fund.
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#17 |
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Forum Member
Join Date: Oct 2004
Posts: 14,637
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Quote:
A sensible post for a change. Why anyone would want the bloc, upon which the UK relies for nearly 50% of its trade, to end in an acrimonious mess is beyond me.
By all means hope for its ultimate end. But 'collapse' is the last thing the UK needs. We'd be dragged down with it, regardless of our relationship with it. If it's going to end it needs to be in a clean and orderly manner. e.g. the Eurozone. If it collapses, the UK has a problem (and may well be helping to bail certain countries out) whether we're in the EU or not. By not being in the Eurozone we're already as insulated as possible. Leaving will not allow us to say "sorry chaps, better luck next time" and pull up that ladder. |
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#18 |
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Join Date: Jun 2016
Posts: 15
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Quote:
May I suggest you study our history? We have, and always been a trading nation. We've excelled at it for thousands of years. Our exports to the world that is actually growing (not the EU) are doing quite nicely.
And why you would wish political (and economic?) chaos upon the EU and the hundreds of millions of its citizens is beyond me. |
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#19 |
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Inactive Member
Join Date: Mar 2003
Location: London, United Kingdom
Posts: 19,783
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Quote:
Since your nation has a very long history, you'd have to narrow it down a bit to the more specific parts you'd suggest I should study more closely.
And why you would wish political (and economic?) chaos upon the EU and the hundreds of millions of its citizens is beyond me. |
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#20 |
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Forum Member
Join Date: Nov 2002
Location: Dublin
Posts: 51,610
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Quote:
A sensible post for a change. Why anyone would want the bloc, upon which the UK relies for nearly 50% of its trade, to end in an acrimonious mess is beyond me.
By all means hope for its ultimate end. But 'collapse' is the last thing the UK needs. We'd be dragged down with it, regardless of our relationship with it. If it's going to end it needs to be in a clean and orderly manner. |
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#21 |
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Forum Member
Join Date: Jun 2016
Posts: 719
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No, no no, everything is fine in Europe.
There hasn't been an Italian banking crisis for the last six months with regular emergency bailouts. The Spanish have completely recovered and no long have a worring youth unemployment rate. the Greeks are the powerhouse of Europe. And all the refugees are fully intergrated and gone home. The narrative now is purely how doomed the UK is. |
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#22 |
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Forum Member
Join Date: Dec 2005
Posts: 4,343
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Quote:
No, no no, everything is fine in Europe.
There hasn't been an Italian banking crisis for the last six months with regular emergency bailouts. The Spanish have completely recovered and no long have a worring youth unemployment rate. the Greeks are the powerhouse of Europe. And all the refugees are fully intergrated and gone home. The narrative now is purely how doomed the UK is. |
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#23 |
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Forum Member
Join Date: Oct 2004
Posts: 14,637
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Quote:
Even as someone who voted remain I have been surprised at just how negative the reporting has been over Brexit, particularly the BBC who are meant to be impartial.
The Brexshitters who whine about negativity don't seem to get it. The news is negative because there are no real positives to leaving - and the story told by Vote Leave is as good a fiction as Harry Potter or a Roald Dahl book |
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#24 |
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Forum Member
Join Date: Dec 2013
Posts: 3,036
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You can be sure that Germany and other founding members of the EU have kept emergency stocks Deutchmarks and Francs etc being dusted of as we speak and ready for emergency distribution once the ridiculous Euro is dropped. I also expect many EU nations will also want to use the good ol' £ Sterling when the Euro is no longer viable.
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#25 |
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Join Date: Feb 2008
Posts: 20,498
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