Another Benefit of Brexit?

Oh yes, they are. But not at any price or condition. It will probably have to include Free Movement, as for Norway and Switzerland.

MaizieD Keir Starmer has ruled out rejoining the EU apparently. I do like the idea of closer alignment with the EU but maybe it’s not that easy? I think the EU isn’t that interested in cooperating with us!

Change the government and go for closer alignment with the EU, with a view to applying to rejoin once we've proved we're a grown up nation again...

MaizieD what to do about the present impasse. Out of the EU and nowhere to go?

ronib

Can all the really brainy commentators on GNet tell us simples just what the way forward is?

The way forward for what, ronib?

Can all the really brainy commentators on GNet tell us simples just what the way forward is?

Grantanow

It's quite obvious to any person with a brain that Brexit was a serious blunder and that the only benefits are delusional.

absolutely.. I remember my complete shock and sadness when the results were announced and I've been absolutely dismayed to see the subsequents results of Brexit..

MaizieD to be fair I don’t know what the EU commission is talking about. I chanced upon the

commission.europa.eu

site and there’s probably much more information if you want it elsewhere!

The Euro is pretty much on the same boat as Sterling, suffering because of Ukraine, it’s difficult to draw any conclusions except get the war settled then we can move on. The US dollar is far too strong because it is insulated from global turmoil at present, when that changes many commodities that are priced in dollars will take the pressure off many other countries.

EU - make Europe greener, more digital and more resilient.
Next Gen EU
Read all about it on:

Commission.europa.eu

I have no way of knowing whether or not we have missed out on the deal of the century but either way, we need to move on up. It is not helping the young to hark back to obvious manipulations. The hole has been dug. What next?

Brexit' is not solely responsible for the mess the UK is in but it added in a major way to pre-existing problems and offered some mendacious politicians and their dim followers an illusory way out. Before Brexit we had food banks, an expensive housing market, outrageous energy company profits, an underfunded NHS after many Tory years and wages that hadn't grown to match prices. The pandemic added to our economic problems but there is no doubt that Brexit added to these problems: we now have extra costs and delays for businesses exporting and importing, very mixed results for UK fishermen, more food banks including those set up by NHS for its staff and a dearth of staffing in many businesses resulting from the loss of EU movement freedom not to mention the NI fiasco which Johnson denied.

Agains many currencie, the Euro is the same or above the rate for Sterling.

Petera

ronib

MaizieD

Our pandemic 'debt' was newly created money, ronib. It doesn't need 'funding'.

Tell that to the EU who are allocating funds at the moment to individual member states for post Covid recovery packages. Probably with created money… wonder if we would have been given more or less than Greece? The bureaucracy is overwhelming.

The EU can't create money, only nation states can.

The European Central Bank can 'create' the euro.

The problem for the euro is that EU monetary policy has been dominated by the same economic theory that gave us austerity from 2010 (and is being continued by Hunt) It is based on the idea that a nation should 'balance its books', or even be in surplus. It restricts 'debt' to a percentage of GDP, which appears to have been a figure pulled out of the air, so no evidence based justification for it.

So countries which have the euro can't run their own monetary policies, which could well be more effective.

If ever we rejoin the EU we must steer clear of the euro for as long as we possibly can

BUT. I'm not sure what ronib is talking about with regard to post pandemic (stupid title, because covid is far from over) funding, debt, recovery etc.

ronib

Petera well the UK isn’t rejoining the EU - if anything it would cost too much as the bill would be higher than before.
So you can either go despond or hope. It is a case of making the best of where we currently find ourselves.

Indeed, on one side of the bus it said 350 million a week to the NHS while on the other side it said "Glimmer of hope, but let's make the best of it"

MaizieD

Our pandemic 'debt' was newly created money, ronib. It doesn't need 'funding'.

What is so upsetting, is that millions went to private so-called PPE suppliers, who were not vetted, who supplied totally unsafe and unsuitable PPE- it even cost huge amounts to burn it! And that by going alone for the vaccine, rather than join up with the EU as a huge bargaining bloc, we had to pay much much more than they did for the vaccine. They stuck together, got a much lower 'en bloc' price, and very quickly caught up with the vaccination programme. At much lower cost.

Buying anything in bulk, as a big trading group, is always much more advantageous. We do that with heating oil here, and wood- a big group from the village and we get a 'in bulk' preferential price which saves so much. I can't imagine what the savings would have been for the UK. Wait a few weeks, and instead take all the necessary measures with not sending people back into care homes, and faster mask wearing and social distancing.

So when people say again and again, ah but Johnson got the vaccine quicker because he went first and separate from EU- it really does not make sense. The debt due to this is huge.

BTW has anyone got the figures? I don't think they have been published.

It matters not wether it’s new or old money it still counts it’s all open and recorded, it has to be, otherwise everyone would use “new” money for everything and it would be chaos.

Petera well the UK isn’t rejoining the EU - if anything it would cost too much as the bill would be higher than before.
So you can either go despond or hope. It is a case of making the best of where we currently find ourselves.

ronib

MaizieD

Our pandemic 'debt' was newly created money, ronib. It doesn't need 'funding'.

Tell that to the EU who are allocating funds at the moment to individual member states for post Covid recovery packages. Probably with created money… wonder if we would have been given more or less than Greece? The bureaucracy is overwhelming.

The EU can't create money, only nation states can.

MaizieD

Our pandemic 'debt' was newly created money, ronib. It doesn't need 'funding'.

Tell that to the EU who are allocating funds at the moment to individual member states for post Covid recovery packages. Probably with created money… wonder if we would have been given more or less than Greece? The bureaucracy is overwhelming.

Katie59

Do we have a Green Economy?, we plant a few trees and export our pollution, almost all our solar and wind installations are imported.

Sri Lanka is a failing country at the moment because of its failure to implement a green transition properly.

Green transition doesn’t mean a few wind turbines and solar panels. It’s the whole package including how to mesh new technologies with old existing ones. I am sure there are some very well qualified experts on this forum who are better able to explain than I.

Our pandemic 'debt' was newly created money, ronib. It doesn't need 'funding'.

ronib

There’s a glimmer of hope for the UK in that we are now not tied to the EU in our transition to a green economy. We should be able to plan ahead in a more efficient way for the UK still with a workable plan but with more autonomy. Living in hope again.

Also can’t find out what the total cost is for EU’s pandemic budget and whether there is a cost benefit in just having our own debt to fund.

Ah a "glimmer of hope", that was what all the leavers voted for.

Do we have a Green Economy?, we plant a few trees and export our pollution, almost all our solar and wind installations are imported.

There’s a glimmer of hope for the UK in that we are now not tied to the EU in our transition to a green economy. We should be able to plan ahead in a more efficient way for the UK still with a workable plan but with more autonomy. Living in hope again.

Also can’t find out what the total cost is for EU’s pandemic budget and whether there is a cost benefit in just having our own debt to fund.

not my compilation fleurpepper, the sources for each statistic are quoted- it was from a FB group so feel free to use!