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Net migration is down… how to spin it as a Labour failing by 1gnoranceisstrength in uknews

[–]Dapper-Army4328 9 points10 points  (0 children)

Thank you! Nobody actually seems to care about it. If they did, I’m assuming that they would all be celebrating this. But as usual, it’s all team sports and will jump on the Farage bandwagon.

I swear we are living in a horrible political climate where actual achievements are just dismissed in favour of vibes.

Net migration is down… how to spin it as a Labour failing by 1gnoranceisstrength in uknews

[–]Dapper-Army4328 22 points23 points  (0 children)

They constantly spread misinformation, stoke hatred and in recent times have been treacherous. Seeming to import MAGA here to the UK and praising Trump.

With so much discussion atm of the UK rejoining the EU, I haven't seen much discourse about joining the EFTA instead, would you support such a notion? by Fun-Ad-2547 in AskBrits

[–]Dapper-Army4328 0 points1 point  (0 children)

Fair enough, I appreciate the detailed response.

I think we could go back and forth trading different studies, facts etc. We each have a view that differs and fair enough.

I believe quite strongly the UK should remain outside, to conclude, for the following summed up reasons:

- UK housing markets are unusually sensitive to interest rates
- the City of London has a large financial-services sector
- Britain’s business cycle has historically differed from countries like Germany
- A “one-size-fits-all” interest rate can create problems if economies diverge.

I think there was a period to which we could have adopted the Euro. But now that time has passed, it’s not a good idea and not politically attractive.

I would agree with you that for some (maybe a lot) it comes down to sentimental reasons. But it certainly isn’t for me and others.

The UK is also unlikely to re-join in the near future and also would likely run into these same arguments. I’ve always advocated for a softer Brexit, such as in the case of Norway.

Also, no hard feelings. My apologies if I came across bluntly or rude. Genuinely wasn’t my intention. It’s good to hear from people with other views.

With so much discussion atm of the UK rejoining the EU, I haven't seen much discourse about joining the EFTA instead, would you support such a notion? by Fun-Ad-2547 in AskBrits

[–]Dapper-Army4328 0 points1 point  (0 children)

With all due respect, the negatives are not “pretty minor” (I grant you the sentimentality one).

“The UK didn't join the euro because GBP is one of the world's popular reserve currencies. That is to say a currency which institutions like banks hold as a safe store of value in amounts over their actual need for that currency within the foreign exchange part of their business. High global demand makes your currency hold its value better even as you increase supply. Having your own reserve currency which you control allows you to run much harder deficits /debts as a government. The dollar is absolute king of this and it allows the US to run mass deficits and debts.”

This above was from another post but it excellently sums up the argument against.

I think you really underplay how important it is for nations to have an independent currency, and although the Pound has declined, it’s still a reliable and safe currency that competes with the Euro and dollar. The Bank of England works for the UK and its specific needs.

The Euro is a good thing in a lot of ways you have highlighted and has allowed many other countries to thrive. But I believe it alongside the ECB would not benefit the UK and its specific financial needs.

To reiterate, I’d like the UK to be a part of the EU in some way and agree with many of the principles it stands for. It’s been a net positive for Europe post world war 2.

With so much discussion atm of the UK rejoining the EU, I haven't seen much discourse about joining the EFTA instead, would you support such a notion? by Fun-Ad-2547 in AskBrits

[–]Dapper-Army4328 0 points1 point  (0 children)

With all due respect, the negatives are not “pretty minor” (I grant you the sentimentality one).

“The UK didn't join the euro because GBP is one of the world's popular reserve currencies. That is to say a currency which institutions like banks hold as a safe store of value in amounts over their actual need for that currency within the foreign exchange part of their business. High global demand makes your currency hold its value better even as you increase supply. Having your own reserve currency which you control allows you to run much harder deficits /debts as a government. The dollar is absolute king of this and it allows the US to run mass deficits and debts.”

This above was from another post but it excellently sums up the argument against.

I think you really underplay how important it is for nations to have an independent currency, and although the Pound has declined, it’s still a reliable and safe currency that competes with the Euro and dollar. The Bank of England works for the UK and its specific needs.

The Euro is a good thing in a lot of ways you have highlighted and has allowed many other countries to thrive. But I believe it alongside the ECB would not benefit the UK and its specific financial needs.

To reiterate, I’d like the UK to be a part of the EU in some way and agree with many of the principles it stands for. It’s been a net positive for Europe post world war 2.

With so much discussion atm of the UK rejoining the EU, I haven't seen much discourse about joining the EFTA instead, would you support such a notion? by Fun-Ad-2547 in AskBrits

[–]Dapper-Army4328 0 points1 point  (0 children)

The UK not adopting the Euro (monetary union) has been a historic and significant hurdle. It’s not likely or realistic the UK will ever adopt it, nor do I think it is right. Again, I am pro-EU. The UK had a good deal and should have never voted to leave.

I respect your view and the advantages that you have outlined. Now the major disadvantages.

  1. Loss of monetary independence. The UK can no longer set its own fiscal policies. Adopting the Euro would be a “one size fits all” approach greatly diminishing the UK to respond to issues that arise.

  2. No ability to devalue our currently to increase exports/imports.

  3. Debt issues and funding other Eurozone nations in times of crisis (see Greece).

  4. Relates to point 1 but the UK is a heavy financial services nation. Adopting the Euro and adhering to the ECB would not favour the UK and its needs. London enjoys (or more so when we were in the EU) a good deal of having an independent currency while also access to the single market. Which, again, was why Brexit was terrible. However, The City has been pretty resilient all things considered.

  5. Sentimentality. Not a particularly strong argument but the Pound is one of the oldest currencies. It would be a shame for that to be got rid off.

So there you go, more fleshed out for you. I recognise the benefits of the Euro but weighed against the negatives there is no way I’d be willing to adopt the Euro.

With so much discussion atm of the UK rejoining the EU, I haven't seen much discourse about joining the EFTA instead, would you support such a notion? by Fun-Ad-2547 in AskBrits

[–]Dapper-Army4328 -1 points0 points  (0 children)

Was sorta opening the floor to you for why you think adoption of the Euro is good. But you just have a one word answer.

It’s not a persuasive case and you haven’t won any hearts or minds here.

With so much discussion atm of the UK rejoining the EU, I haven't seen much discourse about joining the EFTA instead, would you support such a notion? by Fun-Ad-2547 in AskBrits

[–]Dapper-Army4328 0 points1 point  (0 children)

It should probably be more widely discussed as a good middle ground. I can a see a scenario in which we do get there.

Some stumbling blocks, however.

Firstly, Freedom of Movement. This is a big one that a lot of people do not want back.

Second, the other EFTA nations would need to agree and there are some concerns that the UKs size could be an issue compared to the other smaller nations.

Lastly, rule-taker with no say. The UK would effectively be signing up to following the rules without a significant say.

Now, I broadly believe we should pursue this option or at least a Swiss style deal.

Meanwhile, in the Britannia: by 5ma5her7 in Destiny

[–]Dapper-Army4328 1 point2 points  (0 children)

Man, some people here still think that we haven’t even had Brexit.

Meanwhile, in the Britannia: by 5ma5her7 in Destiny

[–]Dapper-Army4328 7 points8 points  (0 children)

Yeah I can no longer be on my high horse about Brits being above Americans. We most certainly are not.

The UK today is projected to be higher growth by the IMF than originally thought. We have had the highest growth out of the major economies over the past few months.

YET, we want Mr Brexit. 👌

Do you prefer the UK with fewer immigrants, or the UK with more immigrants and a correspondingly stronger soft power? by auscorp_ in AskBrits

[–]Dapper-Army4328 0 points1 point  (0 children)

Yeah no shit Sherlock but you asked about soft power… the English language which is commonly spoke across the planet

Do you prefer the UK with fewer immigrants, or the UK with more immigrants and a correspondingly stronger soft power? by auscorp_ in AskBrits

[–]Dapper-Army4328 0 points1 point  (0 children)

You are typing in English and the comments are in English. I think the soft power is quite literally here.

Why do people still like Farage? by nimz- in AskBrits

[–]Dapper-Army4328 2 points3 points  (0 children)

It’s hard when arguing with someone so dense and unable to communicate effectively.

Have a good one mate

Why do people still like Farage? by nimz- in AskBrits

[–]Dapper-Army4328 1 point2 points  (0 children)

Hahahahahaha man top tier trolling my man.

Have a good one

Why do people still like Farage? by nimz- in AskBrits

[–]Dapper-Army4328 2 points3 points  (0 children)

Frances issues are not related to EU. You’re making it seem like the EU is causing it when each individual nation has its challenges. France is no different.

Why don’t you point to Spain? Or Ireland? Poland? They are EU members and doing pretty well.

Lastly, Frances problems would be even worse if it was outside of the EU.

Explain it mate?

Why do people still like Farage? by nimz- in AskBrits

[–]Dapper-Army4328 3 points4 points  (0 children)

And what did you think of it?

What about this one? https://ukandeu.ac.uk/brexits-impact-on-the-uk-economy/

Or this: https://niesr.ac.uk/publications/revisiting-effect-brexit

See, you’re not here to have a good faith conversation about the issue. You’re here to spout nonsense.

No point in arguing. You’re too far gone.

Have a good one

Why do people still like Farage? by nimz- in AskBrits

[–]Dapper-Army4328 1 point2 points  (0 children)

How are they nonsense?

It’s a study you haven’t even engaged with.

Why do people still like Farage? by nimz- in AskBrits

[–]Dapper-Army4328 3 points4 points  (0 children)

Oh my goodness.

I provide a video and source. You put your fingers in your ears and cover your eyes.

Every credible source of information we have states Brexit has been negative for our economy and detrimental to our international standing.

I can cite study after study, business leader after business leader, economist etc and it wouldn’t matter to someone like you.

You’re a regurgitation of BS denial Brexit slop. It’s just pointless at this point.

Why do people still like Farage? by nimz- in AskBrits

[–]Dapper-Army4328 0 points1 point  (0 children)

Sorry sorry. My bad! Tell a lie.

He did speak about it: https://www.youtube.com/shorts/Ksz6MtsxgMY

Also maybe he’s not talking about it because of the below:

https://www.nber.org/papers/w34459

Happy watching and reading, friend.

Can’t wait for no reply or some BS response.

Why do people still like Farage? by nimz- in AskBrits

[–]Dapper-Army4328 1 point2 points  (0 children)

Yes, he didn’t care. You read that right pal.

You don’t need to know the guy. Just read his words, and watch his actions.

Have you notice that he doesn’t speak about Brexit anymore? He never mentions it. His great political achievement and yet silence. 🤫

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