President Trump

[KS55]

I dont see it as unlikely, I believe the EU would want us back because, particularly as the world is at the moment, together is stronger. I don't think we'll go back on terms as favourable as we left though, and that would be no ones fault but ours

By “unlikely” I was referring to favourable terms, though not very clearly.
It all depends on how important such a rapprochement is to EU.

 

[Norbert D]

so the Orange genius has fucked two of his efforts -

1/ oil price tanks so his handler Vlad who he promised he would not tariff now gets a fraction of what he was getting for his illegal oil sales.

2/ oil prices tanks so the impetus of his "drill baby drill" idea is a non-starter. Why extract extra oil to flood a market thats already tanked ?

Anyone would think he either hasn’t got a fucking clue or it’s part of a larger grift….

 

[gordondaviesmoustache]

I’d imagine there would be huge resistance to joining the euro in the UK, would there not?

Principally from the people who would ultimately have caused it to happen.

 

[bluethrunthru]

and Biden was the one with delusions and dementia?

 

[roman totale]

My Pension tanked 6 grand last few days.
****.

Just got back from a week’s holiday where I was deliberately avoiding all news. Just checked my 401k. Eek.

 

[KS55]

so the Orange genius has fucked two of his efforts -

1/ oil price tanks so his handler Vlad who he promised he would not tariff now gets a fraction of what he was getting for his illegal oil sales.

2/ oil prices tanks so the impetus of his "drill baby drill" idea is a non-starter. Why extract extra oil to flood a market thats already tanked ?

Drill baby drill was never a starter. The oil likely to be extracted, the US does not have the refining capacity or correct technology for. Besides, it takes about eight years from ground breaking to oil production. By that time Trump would be on his third term. Oops.

 

[noseve]

The prick's on the news now - straight off his sunbed (looks like he's still wearing the white mask). Comical, under any other circumstances.

I see that they've been manipulating the market today - a rise following a suggestion that the tariffs - other than for China - would be placed on hold for 90 days, then a fall following a White House denial.

These are like self-fulfilling prophecies - a licence to print money. Wonder how much the cronies behind this particular little trick earned today?

 

[lust overlord]

I’d imagine there would be huge resistance to joining the euro in the UK, would there not?

Not as much as there would have been a decade or so ago.
I must admit I'd have been against replacing the pound,until fairly recently.
Now however.

 

[PinkFinal]

Michael Wolff: ‘Trump is not like you or me, he is crazy and that’s frightening. All bets are off’

The political author’s latest exposé goes inside the US election – and says we’ll still be working out what happened 100 years from now

www.telegraph.co.uk

 

[I'm With Stupid]

Not as much as there would have been a decade or so ago.
I must admit I'd have been against replacing the pound,until fairly recently.
Now however.

I'm not sure about that. I think on a purely economic level, the Euro has not been good for some of the countries that joined it. It prevents Southern European countries from being competitive by tying their currency value to the far more productive Northern European countries. It certainly works for Germany though, who are basically able to undervalue their currency for the same reason. The UK would likely be in the same boat as Germany in that respect.

 

[lust overlord]

I'm not sure about that. I think on a purely economic level, the Euro has not been good for some of the countries that joined it. It prevents Southern European countries from being competitive by tying their currency value to the far more productive Northern European countries. It certainly works for Germany though, who are basically able to undervalue their currency for the same reason. The UK would likely be in the same boat as Germany in that respect.

The way successive governments have struggled with the economy,I'm not sure whether it would do any harm to us whatsoever.
However I'm certainly no expert.
We've had enough of them ;)

 

[roman totale]

Drill baby drill was never a starter. The oil likely to be extracted, the US does not have the refining capacity or correct technology for. Besides, it takes about eight years from ground breaking to oil production. By that time Trump would be on his third term. Oops.

Yep. Generally speaking, US refining capacity is dropping a couple of percentage points per year. Throughputs per plant are stable to increasing due to efficiency optimization and some footprint expansion, but there have been/ will be some large plants closing. No-one is building any new ones anytime soon. IIRC the last large one to come online was built in the 70s.

 

[I'm With Stupid]

The way successive governments have struggled with the economy,I'm not sure whether it would do any harm to us whatsoever.
However I'm certainly no expert.
We've had enough of them ;)

If the last few years have taught us anything, it's that free trade is generally good for the economy. Obviously it has to be implemented in a way that protects existing industry, and doesn't cause a race to the bottom in things like regulation, but overall, it leads to prosperity. The UK is in a situation where successive governments have basically had their hands tied. They have been fucked by Brexit and are politically in a position where not only can they not do anything about it, but they can't even mention that that's the cause. We've got a situation where the two biggest parties both know that being in the EU is good for the country, but both have to pretend to think the opposite.

 

[lust overlord]

If the last few years have taught us anything, it's that free trade is generally good for the economy. Obviously it has to be implemented in a way that protects existing industry, and doesn't cause a race to the bottom in things like regulation, but overall, it leads to prosperity. The UK is in a situation where successive governments have basically had their hands tied. They have been fucked by Brexit and are politically in a position where not only can they not do anything about it, but they can't even mention that that's the cause. We've got a situation where the two biggest parties both know that being in the EU is good for the country, but both have to pretend to think the opposite.

Probably correct.
It's fucking stupid.

Anyway will back out now,as this is the Trump thread and we're a bit off topic.

 

[Blue Mist]

I’d imagine there would be huge resistance to joining the euro in the UK, would there not?

That was my point. It is no good posters making it sound oh so easy to rejoin.
Like it or not, we left. If we ask to rejoin it will be on the EU's terms and I doubt they would be favourable or acceptable.
We are now in a precarious position. When we left we believed one major import/export country would welcome us. Billy Shitgibbon is now making it clear he only welcomes us if it benefits him.

 

[Blue Mist]

The derogation from the euro by UK and Denmark is written into the Maastricht Treaty. Very hard to change that, every party would have to agree and Denmark won’t.
Favourable terms would depend on EU seriously wanting to pivot away from USA. A much stronger move if UK is detached from US entanglement and more in line with EU. So possible, if unlikely.

Thank you for clarification re the Euro.

 

[Blue Llama]

The USA have saddled themselves with a head of state who in any other country would be considered by the rest of the world as a dictator. He ignores federal and State laws, when pulled up by judges he has them sidelined. When he is the defendent he tosses in the witch hunt card and uses his wealth to beat the system. GOD HELP AMERICA.

 

[Ashton Moss Messi]

Not as much as there would have been a decade or so ago.
I must admit I'd have been against replacing the pound,until fairly recently.
Now however.

The blue rinse army would rise against it, still wanting to go back to pounds shilling and pence

 

[Uncle Wally One Ball]

The USA have saddled themselves with a head of state who in any other country would be considered by the rest of the world as a dictator. He ignores federal and State laws, when pulled up by judges he has them sidelined. When he is the defendent he tosses in the witch hunt card and uses his wealth to beat the system. GOD HELP AMERICA.

Fuck America. Jokers.This is what they wanted.

That and bastardising perfectly good sports to change the rules and have games that go on for hours

 

[KPXBLN]

I'm not sure about that. I think on a purely economic level, the Euro has not been good for some of the countries that joined it. It prevents Southern European countries from being competitive by tying their currency value to the far more productive Northern European countries. It certainly works for Germany though, who are basically able to undervalue their currency for the same reason. The UK would likely be in the same boat as Germany in that respect.

How much difference would it make that Britain is an exporter of services rather than goods, when compared to Germany? That’s not a loaded question, I don’t know the answer.