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LOL, but most of that is SHORT TERM. We get to keep the payment for ever.
The £ will rise again, trust me, I've seen it at €1.01. THAT was a mini disaster for me.
Just how much DID we give them?
What is your definition of short term? At the current forecast, we won't be keeping any money for 2.5 years at best! That puts it well in the realm of medium term in the business world. Not to mention the far more significant loss of tax revenue over those years due to economic recession! You're probably looking at decades before the UK can even hope to be quids in on the mere pennies it saves from not contributing to the EU!
What is your definition of short term? At the current forecast, we won't be keeping any money for 2.5 years at best! That puts it well in the realm of medium term in the business world. Not to mention the far more significant loss of tax revenue over those years due to economic recession! You're probably looking at decades before the UK can even hope to be quids in on the mere pennies it saves from not contributing to the EU!
There are no SHORT TERM gains from this!
Yes, and I also doubt the long term gains for the country; with the courtesy of this ever liberating Brexit. Plenty of gain for Mr. F, though. He's going into the history books with his toe curling, ever alienating speeches on the international stage. If he ends up turning just one other country against the EU, he'll feel like a super hero. He already feels like a hero now in Britain. With all his giving-it-large, even if he can make the EU just re-think and re-negotiate their deals with the U.K. and other countries, he'll think he's the one who brought that change about. Once again, 'devil's charisma' phenomenon and some twisted politics taking place.
Last edited by Turbohot; 28 June 2016 at 04:45 PM.
LOL, but most of that is SHORT TERM. We get to keep the payment for ever.
The £ will rise again, trust me, I've seen it at €1.01. THAT was a mini disaster for me.
Just how much DID we give them?
I may not like you but I always credited you with a modicum of intelligence.
There is no payment to "keep", it has been gobbled up by paying for all of the other stuff we need to now sort out. We are talking decades of wrangling and untangling ourselves from this. So anyone who thinks we are going to save money is very very deluded. At least for the next 10 years we will not be better off, if not worse off....
Also as pointed out on the news, to trade with the EU will still need to pay a membership fee and have freedom of movement for nationals.
Last edited by JGlanzaV; 28 June 2016 at 08:57 PM.
What is your definition of short term? At the current forecast, we won't be keeping any money for 2.5 years at best! That puts it well in the realm of medium term in the business world. Not to mention the far more significant loss of tax revenue over those years due to economic recession! You're probably looking at decades before the UK can even hope to be quids in on the mere pennies it saves from not contributing to the EU!
There are no SHORT TERM gains from this!
Answer the question please.
How much DID we give them, per week, (per month, per year if you prefer)?
To the nearest million will do, and I'd like a figure that we actually paid out, NOT including what we got back, please.
I may not like you but I always credited you with a modicum of intelligence.
There is no payment to "keep", it has been gobbled up by paying for all of the other stuff we need to now sort out. We are talking decades of wrangling and untangling ourselves from this. So anyone who thinks we are going to save money is very very deluded. At least for the next 10 years we will not be better off, if not worse off....
Also as pointed out on the news, to trade with the EU will still need to pay a membership fee and have freedom of movement for nationals.
Well if you believe this nonsense, good on you.
The remainers have first tried to say there's no money, then, when pressed, they are saying it's all used up and X Y and Z.
Nice try. Doesn't wash.
Oh...and the highlighted bit? nonsense. We trade with loads of countries without having those two things imposed. Get real.
The remainers have first tried to say there's no money, then, when pressed, they are saying it's all used up and X Y and Z.
Nice try. Doesn't wash.
Oh...and the highlighted bit? nonsense. We trade with loads of countries without having those two things imposed. Get real.
Can you read? The Eu have already set their terms for our deal if we want to trade within the Eu. So yes that is what they will want in return for us to trade.
Just because you don't agree with it doesn't make it nonsense. It is widely reported and documented that is their stance.
The brexiters promised 350bn savings which we have shown time and time again to be fictional. Maybe you can't read but farage and co have already admitted we won't have that money to spend on other stuff LIVE ON NATIONAL TV.
Because you seem to have trouble accessing any links that I post, I'll summarise it for you:
The gross amount without rebate is about £350M/week (£18.2bn/year)
Our rebate is worth about £100M/week (£5.2bn/year)
The rebate is an instant rebate, so we don't actually pay it and we can spend it on whatever we like!
So the gross amount we actually pay is about £250M/week (£13bn/year)
Of that, we get about £86M/week (£4.5bn/year) back as inward investment which the EU says how we should spend it e.g. regional investments in Wales, farming subsidies, scientific research etc.
That leaves a net contribution to the EU of £164M/week (£8.5bn/year). This is the amount of money that we would save when we leave the EU assuming we continue the subsidies and investments the EU makes at the same level.
To put that into perspective, the NHS budget is over 2.2bn/week (116bn/year). The 2008 crash wiped off 15% of the UK's tax revenue or about £140bn. We currently have over £1.5 Trillion in public debt which costs us £43bn/year in interest payments. We now lost our AAA rating, which means that interest just went up by about 0.25% which works out at about £10bn/year or £192M/week!
So without even considering tax revenues, in the last week we've lost more than our net contribution to the EU in additional interest on our national debt alone! AND WE'RE STILL F***ING PAYING THE £250M (£164M net) PER WEEK TO THE EU!
Because you seem to have trouble accessing any links that I post, I'll summarise it for you:
The gross amount without rebate is about £350M/week (£18.2bn/year)
Our rebate is worth about £100M/week (£5.2bn/year)
The rebate is an instant rebate, so we don't actually pay it and we can spend it on whatever we like!
So the gross amount we actually pay is about £250M/week (£13bn/year)
Of that, we get about £86M/week (£4.5bn/year) back as inward investment which the EU says how we should spend it e.g. regional investments in Wales, farming subsidies, scientific research etc.
That leaves a net contribution to the EU of £164M/week (£8.5bn/year). This is the amount of money that we would save when we leave the EU assuming we continue the subsidies and investments the EU makes at the same level.
To put that into perspective, the NHS budget is over 2.2bn/week (116bn/year). The 2008 crash wiped off 15% of the UK's tax revenue or about £140bn. We currently have over £1.5 Trillion in public debt which costs us £43bn/year in interest payments. We now lost our AAA rating, which means that interest just went up by about 0.25% which works out at about £10bn/year or £192M/week!
So without even considering tax revenues, in the last week we've lost more than our net contribution to the EU in additional interest on our national debt alone! AND WE'RE STILL F***ING PAYING THE £250M (£164M net) PER WEEK TO THE EU!
That is the clearest explanation of the UK's financial position with EU I have seen during the whole referendum period, so thanks for that.
As for this bit...
Originally Posted by BMWhere?
Are you starting to get this yet Alkazar???
I don't think he will believe you. Nice try though.
Whilst I like Boris and have had him as a london mayor for many years, I dont think his political stance and negotiating skills are up there. I cant see any of the other candidates as being front runners or strong of character.
So for me it is May, as she scares me and that is what we need, some crazy looking woman scaring the crap out the EU lot
Plus she has had direct dealings with the frustration at not being able to deport undesirables from this country, so whilst a remain supporter, she may be well placed to get some stuff done.
Most of what is being said at the moment is more about trying to stabilise the markets than doing any real deals or making any real plans! Nothing's changed and everything is going to be fine! Or to put it another way, please, Please, PLEASE, stop panicking, you're only making it worse!
Because you seem to have trouble accessing any links that I post, I'll summarise it for you:
The gross amount without rebate is about £350M/week (£18.2bn/year)
Our rebate is worth about £100M/week (£5.2bn/year)
The rebate is an instant rebate, so we don't actually pay it and we can spend it on whatever we like!
So the gross amount we actually pay is about £250M/week (£13bn/year)
Of that, we get about £86M/week (£4.5bn/year) back as inward investment which the EU says how we should spend it e.g. regional investments in Wales, farming subsidies, scientific research etc.
That leaves a net contribution to the EU of £164M/week (£8.5bn/year). This is the amount of money that we would save when we leave the EU assuming we continue the subsidies and investments the EU makes at the same level.
To put that into perspective, the NHS budget is over 2.2bn/week (116bn/year). The 2008 crash wiped off 15% of the UK's tax revenue or about £140bn. We currently have over £1.5 Trillion in public debt which costs us £43bn/year in interest payments. We now lost our AAA rating, which means that interest just went up by about 0.25% which works out at about £10bn/year or £192M/week!
So without even considering tax revenues, in the last week we've lost more than our net contribution to the EU in additional interest on our national debt alone! AND WE'RE STILL F***ING PAYING THE £250M (£164M net) PER WEEK TO THE EU!
Are you starting to get this yet Alkazar???
Spot on
As has already been said above, Alzheimer will still dispute your figures.
Because you seem to have trouble accessing any links that I post, I'll summarise it for you:
The gross amount without rebate is about £350M/week (£18.2bn/year)
Our rebate is worth about £100M/week (£5.2bn/year)
The rebate is an instant rebate, so we don't actually pay it and we can spend it on whatever we like!
So the gross amount we actually pay is about £250M/week (£13bn/year)
Of that, we get about £86M/week (£4.5bn/year) back as inward investment which the EU says how we should spend it e.g. regional investments in Wales, farming subsidies, scientific research etc.
That leaves a net contribution to the EU of £164M/week (£8.5bn/year). This is the amount of money that we would save when we leave the EU assuming we continue the subsidies and investments the EU makes at the same level.
To put that into perspective, the NHS budget is over 2.2bn/week (116bn/year). The 2008 crash wiped off 15% of the UK's tax revenue or about £140bn. We currently have over £1.5 Trillion in public debt which costs us £43bn/year in interest payments. We now lost our AAA rating, which means that interest just went up by about 0.25% which works out at about £10bn/year or £192M/week!
So without even considering tax revenues, in the last week we've lost more than our net contribution to the EU in additional interest on our national debt alone! AND WE'RE STILL F***ING PAYING THE £250M (£164M net) PER WEEK TO THE EU!
Are you starting to get this yet Alkazar???
Seeing you have some facts.
I want to ask you...becuase to be honest I struggle getting a stright figure......
Of the money comming to the UK from the EU to spend on "farmers and poorer regions" (£4billion last year). On aggregate, what propertion of that sum, and the cumulative over, say 20years, has been spent on which part of the country? (London, Cardiff, Devon etc).
With exception to Wales, you may find a good correlation.
28 June 2016, 11:00 AM
