| So Italy is about to default and Germany is on the brink of recession 18:59 - Feb 25 with 3500 views | Joey_Joe_Joe_Junior |
What is soooo great about this single market we are about to leave again? |  | | |  |
| So Italy is about to default and Germany is on the brink of recession on 19:00 - Feb 25 with 2239 views | Bluefish |
Trading is pretty important for an island our size. Investment and jobs are also quite important and linked to trade. |  |
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| So Italy is about to default and Germany is on the brink of recession on 19:01 - Feb 25 with 2258 views | Championship |
What do either of those have to do with the single market? |  | | |
| So Italy is about to default and Germany is on the brink of recession on 19:07 - Feb 25 with 2209 views | Guthrum |
It's a global thing. China is slowing down as well and they're not in the single market. |  |
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| So Italy is about to default and Germany is on the brink of recession on 19:07 - Feb 25 with 2207 views | GlasgowBlue |
| So Italy is about to default and Germany is on the brink of recession on 19:01 - Feb 25 by Championship |
What do either of those have to do with the single market? |
They dint have the ability to set their own interest rates or engage in quantitative easing. Both useful tools that are used when a country is either in or facing a recession.
Both Italy and Germany are fully signed up to the single currency. |  |
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| So Italy is about to default and Germany is on the brink of recession on 19:08 - Feb 25 with 2200 views | Joey_Joe_Joe_Junior |
| So Italy is about to default and Germany is on the brink of recession on 19:01 - Feb 25 by Championship |
What do either of those have to do with the single market? |
How can this happen in this wonderful free trade utopia? All this Brexit scaremongering but the real news is inside the Euro zone. | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:09 - Feb 25 with 2192 views | Joey_Joe_Joe_Junior |
| So Italy is about to default and Germany is on the brink of recession on 19:07 - Feb 25 by GlasgowBlue |
They dint have the ability to set their own interest rates or engage in quantitative easing. Both useful tools that are used when a country is either in or facing a recession.
Both Italy and Germany are fully signed up to the single currency. |
Exactly | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:09 - Feb 25 with 2190 views | footers |
Germany isn't on the brink of a recession.It's an outlier result in Q4 2018 due to the China-US tariff war, its exports accounting for 40% of GDP and its automotive sector having to deal with the 2015 emissions scandal.
And Italy, yeah it's Italy...  |  |
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| So Italy is about to default and Germany is on the brink of recession on 19:10 - Feb 25 with 2170 views | Bluefish |
| So Italy is about to default and Germany is on the brink of recession on 19:07 - Feb 25 by GlasgowBlue |
They dint have the ability to set their own interest rates or engage in quantitative easing. Both useful tools that are used when a country is either in or facing a recession.
Both Italy and Germany are fully signed up to the single currency. |
But not really connected to the point the OP was badly trying to make. | |
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| So Italy is about to default and Germany is on the brink of recession on 19:10 - Feb 25 with 2180 views | Championship |
| So Italy is about to default and Germany is on the brink of recession on 19:07 - Feb 25 by GlasgowBlue |
They dint have the ability to set their own interest rates or engage in quantitative easing. Both useful tools that are used when a country is either in or facing a recession.
Both Italy and Germany are fully signed up to the single currency. |
Good point. Not sure QE did anything but inflate asset prices though.
Blimey, just googled it and the ECB have a negative interest rate! | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:13 - Feb 25 with 2161 views | Joey_Joe_Joe_Junior |
| So Italy is about to default and Germany is on the brink of recession on 19:09 - Feb 25 by footers |
Germany isn't on the brink of a recession.It's an outlier result in Q4 2018 due to the China-US tariff war, its exports accounting for 40% of GDP and its automotive sector having to deal with the 2015 emissions scandal.
And Italy, yeah it's Italy... |
Not according to the figures that have been released.
Also yeah, it's only Italy, Greece, Spain, Ireland pick your poison eh.... | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:18 - Feb 25 with 2110 views | footers |
| So Italy is about to default and Germany is on the brink of recession on 19:13 - Feb 25 by Joey_Joe_Joe_Junior |
Not according to the figures that have been released.
Also yeah, it's only Italy, Greece, Spain, Ireland pick your poison eh.... |
OK, so I'm wrong about Germany?
Italy, Spain and Greece have been basketcases for years, not sure what any of that proves? If you think I approved of the EU's treatment of Spain or Italy you're barking up the wrong bush, btw.
It's just that collectively the EU is still the world's most affluent trading bloc. If you have a bone to pick about these subjects you might want to look at the massive amounts of deregulation and financial practices which have allowed a global recession to have spread so rapidly and severely. See you at the barricades, comrade! | |
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| So Italy is about to default and Germany is on the brink of recession on 19:19 - Feb 25 with 2108 views | Championship |
| So Italy is about to default and Germany is on the brink of recession on 19:09 - Feb 25 by Joey_Joe_Joe_Junior |
Exactly |
Ha, he bailed you right out there didn't he? | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:19 - Feb 25 with 2104 views | ZedRodgers |
Never hear much about how well those loony left Portuguese socialists are doing.
Funny that. |  |
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| So Italy is about to default and Germany is on the brink of recession on 19:21 - Feb 25 with 2088 views | chicoazul |
| So Italy is about to default and Germany is on the brink of recession on 19:09 - Feb 25 by footers |
Germany isn't on the brink of a recession.It's an outlier result in Q4 2018 due to the China-US tariff war, its exports accounting for 40% of GDP and its automotive sector having to deal with the 2015 emissions scandal.
And Italy, yeah it's Italy... |
I love Italy. Once this is all over and these funny little European countries are all bankrupt and the buccaneering UK is dominant once more, can we buy it? |  |
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| So Italy is about to default and Germany is on the brink of recession on 19:22 - Feb 25 with 2085 views | factual_blue |
| So Italy is about to default and Germany is on the brink of recession on 19:08 - Feb 25 by Joey_Joe_Joe_Junior |
How can this happen in this wonderful free trade utopia? All this Brexit scaremongering but the real news is inside the Euro zone. |
Economic opinion is tending towards a worldwide recession. If anything, free trade areas/single markets will tend to mitigate the impacts.
Doesn't bode well for trumpy-wumpy's increasing isolationism.
I hope you don't live in the States..... |  |
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| So Italy is about to default and Germany is on the brink of recession on 19:22 - Feb 25 with 2065 views | Bluefish |
| So Italy is about to default and Germany is on the brink of recession on 19:22 - Feb 25 by factual_blue |
Economic opinion is tending towards a worldwide recession. If anything, free trade areas/single markets will tend to mitigate the impacts.
Doesn't bode well for trumpy-wumpy's increasing isolationism.
I hope you don't live in the States..... |
He would have mentioned it I'd have thought [Post edited 25 Feb 2019 19:23]
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| So Italy is about to default and Germany is on the brink of recession on 19:24 - Feb 25 with 2062 views | Joey_Joe_Joe_Junior |
| So Italy is about to default and Germany is on the brink of recession on 19:19 - Feb 25 by Championship |
Ha, he bailed you right out there didn't he? |
Well I did not you can't set your own interest rates in a single market if that was your question. | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:24 - Feb 25 with 2057 views | factual_blue |
| So Italy is about to default and Germany is on the brink of recession on 19:19 - Feb 25 by ZedRodgers |
Never hear much about how well those loony left Portuguese socialists are doing.
Funny that. |
Some friends of ours are having dreadful trouble with the guys in the UK doing their kitchen. Always late, poor workmanship etc.
'We don't these problems in Portugal [where they have a holiday home]. Workmen turn up on time, and know what they're doing.' | |
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| So Italy is about to default and Germany is on the brink of recession on 19:26 - Feb 25 with 2036 views | footers |
| So Italy is about to default and Germany is on the brink of recession on 19:21 - Feb 25 by chicoazul |
I love Italy. Once this is all over and these funny little European countries are all bankrupt and the buccaneering UK is dominant once more, can we buy it? |
If you slip them some dough the Italians are generally happy for you to do as you please (but not 'that', don't ever ask them for 'that'). | |
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| So Italy is about to default and Germany is on the brink of recession on 19:28 - Feb 25 with 2027 views | Joey_Joe_Joe_Junior |
| So Italy is about to default and Germany is on the brink of recession on 19:18 - Feb 25 by footers |
OK, so I'm wrong about Germany?
Italy, Spain and Greece have been basketcases for years, not sure what any of that proves? If you think I approved of the EU's treatment of Spain or Italy you're barking up the wrong bush, btw.
It's just that collectively the EU is still the world's most affluent trading bloc. If you have a bone to pick about these subjects you might want to look at the massive amounts of deregulation and financial practices which have allowed a global recession to have spread so rapidly and severely. See you at the barricades, comrade! |
"It's just that collectively the EU is still the world's most affluent trading bloc"
It's protectionist , failed and some of its major players are in recession but as you were! | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:28 - Feb 25 with 2019 views | footers |
| So Italy is about to default and Germany is on the brink of recession on 19:28 - Feb 25 by Joey_Joe_Joe_Junior |
"It's just that collectively the EU is still the world's most affluent trading bloc"
It's protectionist , failed and some of its major players are in recession but as you were! |
Damn, being schooled so hard really hurt. I need a lie down. | |
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| So Italy is about to default and Germany is on the brink of recession on 19:29 - Feb 25 with 2017 views | Joey_Joe_Joe_Junior |
| So Italy is about to default and Germany is on the brink of recession on 19:22 - Feb 25 by factual_blue |
Economic opinion is tending towards a worldwide recession. If anything, free trade areas/single markets will tend to mitigate the impacts.
Doesn't bode well for trumpy-wumpy's increasing isolationism.
I hope you don't live in the States..... |
I'm sure I'll survive, thanks for your concern though :) | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:30 - Feb 25 with 2013 views | Joey_Joe_Joe_Junior |
| So Italy is about to default and Germany is on the brink of recession on 19:28 - Feb 25 by footers |
Damn, being schooled so hard really hurt. I need a lie down. |
Good counter. | | | |
| So Italy is about to default and Germany is on the brink of recession on 19:32 - Feb 25 with 1997 views | Ewan_Oozami |
| So Italy is about to default and Germany is on the brink of recession on 19:08 - Feb 25 by Joey_Joe_Joe_Junior |
How can this happen in this wonderful free trade utopia? All this Brexit scaremongering but the real news is inside the Euro zone. |
We are not in the Eurozone, we would never join the Eurozone, even if we were stayng in the EU, it was one of our opt-outs - you can be part of the single market and get all the advantages of it without being in the eurozone - it was called having your cake and eating it. [Post edited 25 Feb 2019 19:48]
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