apelike   10 #61 Posted March 2, 2017 Looking at the countries/group 'that matter', in descending order (figs variously across 2013-2016): US debt to GDP ratio 104.2% €zone debt to GDP ratio 90.7% UK debt to GDP ratio 90.6% EU debt to GDP ratio 87.4% Germany debt to GDP ratio 78.4% China debt to GDP ratio 43.9%  But then, the devil is in the detail, as always:  Very true as you are quoting the eurozone and the EU and comparing them with countries GDP.  Out of the EU countries the top are:  Greece @ 183.44 Italy @ 133.24 Portugal @ 128.45 Cyprus @ 106.72 Belgium @ 105.83 Spain @ 100.08 France @ 97.15   So when you take individual countries in the EU the outlook for some is rather bleak. The data is the skewed as an average is then taken for all EU countries and used for the whole EU as if it was a separate country. Share this post Link to post Share on other sites Share this content via...
unbeliever   10 #62 Posted March 2, 2017 Very true as you are quoting the eurozone and the EU and comparing them with countries GDP. Out of the EU countries the top are:  Greece @ 183.44 Italy @ 133.24 Portugal @ 128.45 Cyprus @ 106.72 Belgium @ 105.83 Spain @ 100.08 France @ 97.15   So when you take individual countries in the EU the outlook for some is rather bleak. The data is the skewed as an average is then taken for all EU countries and used for the whole EU as if it was a separate country.   Not a problem if you're operating a fully federal system like the US. Horse before cart you see. Implemented a single currency before getting the European people to agree to enough of a federal system to make it work. Share this post Link to post Share on other sites Share this content via...
L00b   441 #63 Posted March 2, 2017 (edited) The data is the skewed as an average is then taken for all EU countries and used for the whole EU as if it was a separate country.Indeed, and we could drill down to the respective sizes of these economies relative to others, including the UK's, for further fun and games...but then, and topically in all things 'Brexit', you suddenly remember that they will all be negotiating with the UK with pooling individual interests substantially as one bloc  Have we circled this square and can we move on yet?  I want my rights guaranteed, so I can start paying tax in this country again and shelve the P45s warming up for my British support staff Edited March 2, 2017 by L00b Share this post Link to post Share on other sites Share this content via...
unbeliever   10 #64 Posted March 2, 2017  I want my rights guaranteed, so I can start paying tax in this country again and shelve the P45s warming up for my British support staff   I want that too. I think the vast majority of us do. All I can really promise right now is that I shall loudly object if the government try to do otherwise. Share this post Link to post Share on other sites Share this content via...
Bob Arctor   11 #65 Posted March 2, 2017 We're not burning down the house. We're moving out of a room we leased in it. How would it be if your landlord told you you owed her 3 extra years of rent when you moved out?  If they wanted to implement a leaving fee, they could have included it in the treaty. Of course it would not have been ratified and might not even have been enforceable, but at least they would have a point then.  If you had signed up for a 4 year contract and left after one year you would legally owe your landlord 3 years rent unless they agreed to a mutual surrender. Share this post Link to post Share on other sites Share this content via...
unbeliever   10 #66 Posted March 2, 2017 If you had signed up for a 4 year contract and left after one year you would legally owe your landlord 3 years rent unless they agreed to a mutual surrender.  We signed an open ended contract the terms of which state we can leave at any time giving 2 years notice. It's called the Lisbon treaty. Share this post Link to post Share on other sites Share this content via...
Bob Arctor   11 #67 Posted March 2, 2017 We signed an open ended contract the terms of which state we can leave at any time giving 2 years notice. It's called the Lisbon treaty.  So do they want 2 or 3 years money? I haven't been following this bit. Share this post Link to post Share on other sites Share this content via...
Guest   #68 Posted March 2, 2017  I want my rights guaranteed, so I can start paying tax in this country again and shelve the P45s warming up for my British support staff  Same thing here. I don't get this, when will this get in motion? Both, rights for UK citizens in EU and EU citizens here? Before or after article 50 next month or in next 2 years, during negotiations? Share this post Link to post Share on other sites Share this content via...
unbeliever   10 #69 Posted March 2, 2017 So do they want 2 or 3 years money? I haven't been following this bit.  They've not fully explained it. Looks like they want us to keep them from hitting a cliff-edge in terms of EU operations by funding up to the end of the budget cycle (2020). Problem with that is that we used to pay in and take out (albeit take out less). They will want us to pay in and get nothing out.  There's also the question of the unfunded liability for EU pension holders. Which I think is a stronger case. Share this post Link to post Share on other sites Share this content via...
area 51 Â Â 10 #70 Posted March 2, 2017 It is about time the house of lords was disbanded.They are unelected which makes them undemocratic and are made up mostly of tory and labour party donors and ex politicians and other nobodies.Time to get rid of them. Share this post Link to post Share on other sites Share this content via...
apelike   10 #71 Posted March 2, 2017 It is about time the house of lords was disbanded.They are unelected which makes them undemocratic and are made up mostly of tory and labour party donors and ex politicians and other nobodies.Time to get rid of them.  I agree it needs to be disbanded in its current form and another elected house needs setting up in its place. The thing about all this anyway is the government can just ignore their attempted, ill thought out amendments anyway.  Maybe we can have a referendum on that now but this time make it legally binding. Share this post Link to post Share on other sites Share this content via...
phil752 Â Â 10 #72 Posted March 2, 2017 (edited) good old SF all but a few seem to want to wander of topic, i for one think that we should protect the status of our nationals living and working abroard, to do that it would be disastrous to allow this amendment to stand. Â Strange how few have defended our expat population working living in the EU Edited March 3, 2017 by phil752 Share this post Link to post Share on other sites Share this content via...