$1T is leaving Britain because of Brexit • Hacker News Board

Re: $1T is leaving Britain because of Brexit

#231

Post by JAlexoid » Mon, Jan 07, 2019, 10:46 PM UTC

lazyjones wrote: post #191

m-i-l wrote: post #172

Earlier quoted context omitted.

Deals are bilateral, but club membership isn't. You wouldn't seriously expect to be in a strong negotiating position with Amazon if you decided you wanted to leave Amazon Prime but retain some of the benefits without having to pay the membership fee, for example.

Your bad analogy is directly contradicted by Britain's past success in negotiating special conditions within the EU membership. UK's position upon entering the EEC was actually so strong that its application prompted 3 other countries to apply for membership.

Sure... 20 years ago I could jack off 20 times per day... But I'm no longer a teenager and things change.

UK isn't at the helm of the British Empire as well.

Re: $1T is leaving Britain because of Brexit

#232

Post by JAlexoid » Mon, Jan 07, 2019, 10:52 PM UTC

lazyjones wrote: post #70

gumby wrote: post #41

Earlier quoted context omitted.

> Perhaps they're just not trying to see only the drawbacks and ignore successful non-members in Europe like Switzerland and Norway. Norway and Switzerland are subject to almost all the EU regulations but unlike the UK have no say, much less veto, in the making or enforcement of those rules. Is that situation really what Brexiteers wanted?

These rules are subject to local legislation. Switzerland and Norway can renegotiate any time they want and occasionally do so. https://www.dw.com/en/switzerland-ignores-eu-deadline-for-tr... This is a much stronger position to be in and the UK is a much larger "adversary" in tough negotiations (and has always been even within the EU).

You clearly have little clue how Switzerland manages the relationship with EU.

The Swiss are literally waiting for UK to leave EU, to see what they can demand. And they also want to restrict immigration...

Guess who's going to find it harder to negotiate as a result? UK, for trying to get an ultra special deal...

Re: $1T is leaving Britain because of Brexit

#233

Post by [deleted] » Mon, Jan 07, 2019, 10:53 PM UTC

NicoJuicy wrote: post #156

growlist wrote: post #92

Earlier quoted context omitted.

> UK setting up their own GPS alternative The only reason this is possible is due to UK leadership in the area, so it's actually a brilliant opportunity for the UK to remain at the leading edge.

And I thought they had to, because they weren't allowed to have the military part of Galileo. Which makes the UK the only country without access to high precision GPS. They had no success negotiation access to Galileo, so they are forced door a Homebrew alternative. America is the leader with GPS, last time I checked. To be honest, a lot of your comments lack realism and objective references. I'm 100% sure you live i…

[deleted]

Re: $1T is leaving Britain because of Brexit

#234

Post by JAlexoid » Mon, Jan 07, 2019, 10:55 PM UTC

lazyjones wrote: post #110

Xylakant wrote: post #101

Earlier quoted context omitted.

Switzerland is trying to renegotiate the full freedom of movement that they have accepted previously and while this negotiation stalls, the old rules stay in place. There’s no reason the UK cannot negotiate their levels of access to the EU market like the Swiss or the Norwegians do, but the EU won’t grant full access without full freedom of movement. In fact, all of this is what’s happening now. How strong the UK neg…

> How strong the UK negotiation position is can currently be observed. There's a lot of scaremongering going around. The "no deal" scenario is terrifying for the EU as well, especially if the Britons don't pay the 39b and shut down their market. Unfortunately, the current EU administration has a track record of self-inflicted wounds (e.g. Russia sanctions), so this is the most likely scenario now.

EU isn't a single country, you know... And there are no countries that will collapse without those 39bn. There's also the fun fact - UK will not get it's rebates.

Re: $1T is leaving Britain because of Brexit

#235

Post by JAlexoid » Mon, Jan 07, 2019, 10:58 PM UTC

growlist wrote: post #51

myrandomcomment wrote: post #5

No surprise. Passporting (allow banks to operate in all members of the EU if they are licensed in one member) is a key to all of the banks operations. Every bank based in London for that purpose now has to open a regulated branch in an EU member. The next thing to kill the market in London will be the movement of Euro clearing to an EU member. Brexit is a self inflicted shot to the head. The number of people that sup…

And property prices in London/South East become affordable again, Sterling falls benefiting inward investment, exports, and tourism. So not all bad news then! :) There's so much defeatism within the UK and anti-Brexit propaganda flying around from vested interests. It's all so tiresome. > Brexit is a self inflicted shot to the head. Money isn't the only thing in life.

If money isn't the only thing in life... Then why are you pointing out London's house prices? Surely you can buy a house near Derry or Cardiff.

Re: $1T is leaving Britain because of Brexit

#236

Post by JAlexoid » Mon, Jan 07, 2019, 11:06 PM UTC

growlist wrote: post #139

pjc50 wrote: post #127

Earlier quoted context omitted.

> A points based immigration policy would be a nice start. How aware are you of the current UK visa tier system? What kinds of people do you think are currently immigrating that would not be eligible under a points based system? >One wonders how those poor impoverished nations outside of the big trading blocs survive! Generally they are poor and impoverished, yes. Or they have a deal with the EU and US. Or are tiny e…

> Generally they are poor and impoverished, yes. Or they have a deal with the EU and US. Or are tiny exceptions like Singapore. This idea that the UK is inevitably doomed outside of the EU is such a canard - fact is, it cannot be known either way until it happens.

Of course it's not doomed. But your position on "too much immigrants" is xenophobic, regardless of how you see it.

You're literally ignoring the fact, that most congestion in London and S/E England is due to internal migration. You're blaming EU migrants for your discomfort, the ones that are most likely to work for a bit and go back to their countries.

Re: $1T is leaving Britain because of Brexit

#237

Post by JAlexoid » Mon, Jan 07, 2019, 11:09 PM UTC

jermaustin1 wrote: post #160

PunchTornado wrote: post #128

Earlier quoted context omitted.

is Canada not a sovereign nation because it is part of NAFTA?

Not to defend GP's post, but NAFTA and EU are vastly different. Without proper visas, I cannot settle in Canada, I cannot work in Canada, I cannot vacation for longer than 6 months in Canada. I don't see why I shouldn't be allowed to. I think it would be nice to move freely between the NAFTA nations.

Free Trade is a shitty thing, without labour migration.

As in - if Carrier moved their A/C to Mexico, then some people could move with it... reducing the impact on the community.

Re: $1T is leaving Britain because of Brexit

#238

Post by JAlexoid » Mon, Jan 07, 2019, 11:12 PM UTC

growlist wrote: post #175

dijit wrote: post #162

Earlier quoted context omitted.

Because we have an aging population, and pensions are the single largest government expense. (more than double the NHS, which is also heavily burdened by our aging populaton)

So then why not encourage the population to breed, rather than sourcing our fertility abroad?!

Because forcing people to breed isn't exactly an efficient tool.

Also - a population highly burdened with a lot of children tends to produce less value. It keeps more people out of work.

Re: $1T is leaving Britain because of Brexit

#239

Post by JAlexoid » Mon, Jan 07, 2019, 11:17 PM UTC

GreaterFool wrote: post #10

> have shifted at least £800 billion ($1 trillion) worth of assets out of the country And what's the significance of that? Suppose I had $100 in a bank in UK and I moved it to a bank in Germany. Neither country is better or worse because of that. The article doesn't bother to explain the ramifications. Deals are made in UK because English law is really, really good. Having to maintain offices in EU will surely increa…

Ever heard of overnight loans? The more cash you hold, the more you can finance.

Re: $1T is leaving Britain because of Brexit

#240

Post by JAlexoid » Mon, Jan 07, 2019, 11:23 PM UTC

steve_gh wrote: post #145

pseudolus wrote: post #68

Earlier quoted context omitted.

English law (technically the laws of England and Wales) are not "really, really good". English law is incorporated in contracts because of ubiquity. Over the years, and for historical reasons, English contract law has become a lingua franca (mirroring the English language) in international commerce - just as likely to be understood by a company in France as by a company in China. There's nothing inherently superior t…

English law is also a common law system, relying heavily on previous precedents that have been set down in similar decisions. Civil law juristictions (for example France) give less weight to precedence, so courts have narrower scope to interpret areas the current law does not cover exactly. See here for an explanation (EDIT: more relevant secion from same wikipedia page) https://en.wikipedia.org/wiki/Common_law#Commo…

That's a bit off... Common law has a slightly bigger emphasis on precedents. Mostly because precedents can expand laws and establish conventions as laws. In civil legal system, precedents are clarifying and very specific.

Common legal system is simpler at local levels(because it doesn't have to consult a central authority), and along with British empire - it is widely applied.