Post-poll Brexit poll

[angelo]

Why would any nation want to be part of this?
https://www.jihadwatch.org/2016/07/munich-jihad-murderer-was-18-year-old-iranian-muslim

 

[whichphilosophy]

Why would any nation want to be part of this?
https://www.jihadwatch.org/2016/07/munich-jihad-murderer-was-18-year-old-iranian-muslim

Jihad was reporting in the same manner as other media so in this instance there is no visible bias. Let's see what else develops. Was he alone or part of a group is still the question. A cell can be one person or a group. A lunatic act is usually one loner.

 

[whichphilosophy]

BREXIT: EU CONSIDERS MIGRATION ‘EMERGENCY BRAKE’ FOR UK FOR UP TO SEVEN YEARS

As I expected, some sensible discussions may be in progress but no triggering of the exit has yet taken place.


https://www.theguardian.com/world/2016/jul/24/brexit-deal-free-movement-exemption-seven-years
Plans to allow the United Kingdom an exemption from EU rules on freedom of movement for up to seven years while retaining access to the single market are being considered in European capitals as part of a potential deal on Brexit.

Senior British and EU sources have confirmed that despite strong initial resistance from French president François Hollande in talks with prime minister Theresa May last week, the idea of an emergency brake on the free movement of people that would go far further than the one David Cameron negotiated before the Brexit referendum is being examined.

If such an agreement were struck, and a strict time limit imposed, diplomats believe it could go a long way towards addressing concerns of the British people over immigration from EU states, while allowing the UK full trade access to the European market.

While the plan will prove highly controversial in many member states, including France, Poland and other central and eastern European nations, the attraction is that it would limit the economic shock to the EU economy from Brexit by keeping the UK in the single market, and lessen the political damage to the European project that would result from complete divorce

The following I believe are reasonable proposals from the EU

The Dutch MEP Hans van Baalen, who is president of the Liberal group in the European parliament and a member of the same party as Dutch prime minster Mark Rutte, said the plan should be taken forward, but would require the UK to give firm assurances about the right of EU citizens currently living and working in Britain to remain in the country.

“If the rights of EU citizens now living the UK can be guaranteed permanently by the UK government, then I think we can look at some form of emergency brake on free movement of labour,” he said. “This could be invoked when the British labour market is under particular pressure. I would try to limit it to the UK at this stage.

 

[angelo]

Why would any nation want to be part of this?
https://www.jihadwatch.org/2016/07/munich-jihad-murderer-was-18-year-old-iranian-muslim

Jihad was reporting in the same manner as other media so in this instance there is no visible bias. Let's see what else develops. Was he alone or part of a group is still the question. A cell can be one person or a group. A lunatic act is usually one loner.

Isn't it amazing how most lunatics are Moslems! Witnesses have come Forward saying the lunatic in Munich yelled "god is great" in Arabic before opening Fire!

 

[Jayjay]

As I expected, some sensible discussions may be in progress but no triggering of the exit has yet taken place.


https://www.theguardian.com/world/2016/jul/24/brexit-deal-free-movement-exemption-seven-years
Plans to allow the United Kingdom an exemption from EU rules on freedom of movement for up to seven years while retaining access to the single market are being considered in European capitals as part of a potential deal on Brexit.

Senior British and EU sources have confirmed that despite strong initial resistance from French president François Hollande in talks with prime minister Theresa May last week, the idea of an emergency brake on the free movement of people that would go far further than the one David Cameron negotiated before the Brexit referendum is being examined.

If such an agreement were struck, and a strict time limit imposed, diplomats believe it could go a long way towards addressing concerns of the British people over immigration from EU states, while allowing the UK full trade access to the European market.

While the plan will prove highly controversial in many member states, including France, Poland and other central and eastern European nations, the attraction is that it would limit the economic shock to the EU economy from Brexit by keeping the UK in the single market, and lessen the political damage to the European project that would result from complete divorce

The following I believe are reasonable proposals from the EU

The Dutch MEP Hans van Baalen, who is president of the Liberal group in the European parliament and a member of the same party as Dutch prime minster Mark Rutte, said the plan should be taken forward, but would require the UK to give firm assurances about the right of EU citizens currently living and working in Britain to remain in the country.

“If the rights of EU citizens now living the UK can be guaranteed permanently by the UK government, then I think we can look at some form of emergency brake on free movement of labour,” he said. “This could be invoked when the British labour market is under particular pressure. I would try to limit it to the UK at this stage.

That's basically the same deal that Cameron negotiated. And while it is good that some preliminary discussions are ongoing, it's not like anything can be agreed or even formalized until UK triggers article 5.

 

[whichphilosophy]

As I expected, some sensible discussions may be in progress but no triggering of the exit has yet taken place.


https://www.theguardian.com/world/2016/jul/24/brexit-deal-free-movement-exemption-seven-years
Plans to allow the United Kingdom an exemption from EU rules on freedom of movement for up to seven years while retaining access to the single market are being considered in European capitals as part of a potential deal on Brexit.

Senior British and EU sources have confirmed that despite strong initial resistance from French president François Hollande in talks with prime minister Theresa May last week, the idea of an emergency brake on the free movement of people that would go far further than the one David Cameron negotiated before the Brexit referendum is being examined.

If such an agreement were struck, and a strict time limit imposed, diplomats believe it could go a long way towards addressing concerns of the British people over immigration from EU states, while allowing the UK full trade access to the European market.

While the plan will prove highly controversial in many member states, including France, Poland and other central and eastern European nations, the attraction is that it would limit the economic shock to the EU economy from Brexit by keeping the UK in the single market, and lessen the political damage to the European project that would result from complete divorce

The following I believe are reasonable proposals from the EU

The Dutch MEP Hans van Baalen, who is president of the Liberal group in the European parliament and a member of the same party as Dutch prime minster Mark Rutte, said the plan should be taken forward, but would require the UK to give firm assurances about the right of EU citizens currently living and working in Britain to remain in the country.

“If the rights of EU citizens now living the UK can be guaranteed permanently by the UK government, then I think we can look at some form of emergency brake on free movement of labour,” he said. “This could be invoked when the British labour market is under particular pressure. I would try to limit it to the UK at this stage.

That's basically the same deal that Cameron negotiated. And while it is good that some preliminary discussions are ongoing, it's not like anything can be agreed or even formalized until UK triggers article 5.

This of course should happen.

 

[whichphilosophy]

So much for BREXIT what about Germany?

Is German banking facing problems and a crisis in the event of a financial crisis?


http://www.express.co.uk/news/world...&utm_content=Politics&utm_campaign=WeeklyNews

'We should nationalise German banks' Warning Deutsche Bank teetering on edge of CRISIS
A TOP economist has warned that Germany's biggest bank is teetering on the edge of crisis and they only way to protect it against future shocks is to nationalise it.

Germany central bank, the Deutsche Bank, would be hit hard in a new financial crisis Martin Hellwig said stress tests carried out by the European Central Bank revealed the Deutsche Bank would be left in a precarious position in the event of another financial crisis. While it would probably not go bust in a fresh downturn - he predicted the bank which is crucial to the German economy would face serious equity problems. He said: "Putting it short: for a long and serious crisis there simply wouldn't be enough money."

The Berlin government has previously only bailed out the banks under extreme circumstances but Mr Hellwig, director of the Max Planck Institute for Research on Collective Goods, backed the idea of using taxpayers' money to fund public sector investment.
He said: "Turning banks into community property through public funds is not only possible but also necessary.
"If a bank is no longer able to help itself, the federal government should take on shares and exercise the related control functions."

http://www.bbc.com/news/business-36723034

So is it now the most dangerous bank in the world?
According to the International Monetary Fund - yes.
Last week, the IMF said that, of the banks big enough to bring the financial system crashing down, Deutsche Bank was the riskiest. Not only that, Deutsche Bank's US unit was one of only two of 33 big banks to fail tests of financial strength set by the US central bank earlier this year. It's not hard to get scared when you look at a few numbers.

Bear with me. In simple terms any bank is worth the difference between what it's owed and what it owes. In the case of Deutsche Bank that means the difference between assets of 1.64 trillion euros (yes, trillion) and liabilities of 1.58 trillion euros. Its net value is 60 billion euros.Sounds like a lot. BUT the value of what its owed doesn't need to move by much to wipe out its value completely. END OF QUOTES

If a a bail out was necessary then this would be problematic.

 

[whichphilosophy]

So Britain will be better off in Europe??


http://www.bbc.com/news/business-36723034

Deutsche Bank: World's most dangerous bank?

Last week, the IMF said that, of the banks big enough to bring the financial system crashing down, Deutsche Bank was the riskiest. Not only that, Deutsche Bank's US unit was one of only two of 33 big banks to fail tests of financial strength set by the US central bank earlier this year.

It's not hard to get scared when you look at a few numbers. Bear with me.




In simple terms any bank is worth the difference between what it's owed and what it owes. In the case of Deutsche Bank that means the difference between assets of 1.64 trillion euros (yes, trillion) and liabilities of 1.58 trillion euros. Its net value is 60 billion euros.

Sounds like a lot. BUT the value of what its owed doesn't need to move by much to wipe out its value completely.

'Financial apocalypse'

The IMF and the US central bank aren't the only ones who think Deutsche Bank is risky. The share price has fallen early 70% in the last year. In fact, you can buy the whole bank for 20bn euros - a third of what it's worth on paper. Other banks trade at a discount to their net worth but Deutsche Bank is by far the biggest.

In October 2015, Deutche Bank threatened to move out of the UK if it voted for BREXIT. Sounds like a good idea.