The more the people of Great Britain hear Brussels' bureaucrats like European Council President Donald Tusk say, "...the UK could still turn away from Brexit even after the EU's Article50 exit clause is triggered," the more you know leaving is exactly the correct thing to do.
The Hollande-Merkel tough palaver is still another sign. Merkel's tenure has been a schizophrenic disaster and Hollande is presiding over the loss of his own country. These are the two elitist countries of the EU. Every one else take your place in the EU welfare line.
So the elites want an official letter. Give them one and shut their mouths. Financial Times columnist Phillip Stephens, "A hard Brexit heralds a closed Britain,"writes:
The surprising thing about the falling value of the sterling is that it hasn't been more precipitous. Britain is shuffling towards an outright rupture with the EU and an immigration clampdown that would weaken engagement with the world beyond. The government has yet to grasp a simple fact of globalization: nations cannot declare themselves open for business and hen close the doors to foreigners.
And we thought all the horror movie scriptwriters resided in Hollywood. What Mr. Phillips and his kind have yet to grasp is that the government has grasped, as have many of the people, the simplest fact about globalization. It makes an already less than level playing field even less level. And on the contrary, Brexit will make Britain's engagement with the world beyond stronger not weaker. If you don't give in to the EU's bureaucratic dictates, it's a hard Brexit. But playing by their rules it's a soft one. We can't decided whether that's a not-so-veiled threat or a request for bribery. Or both with the mention of "the EU now wants a €20 billion divorce settlement as the UK’s “fair share” of inane projects the UK agreed to as part of the EU."
mishtalk.com/2016/10/13/eu-seeks-e20-billion-divorce-settlement
Mr. Stephens is worried about closing out foreigners. Well, here's how the kingpin of the EU, Germany, welcomes foreigners.
After 18 months of study, $2,200 in tuition and three exams, Ewa Feix is now permitted by German law to bake two variations of cupcakes.
“Not pretzels, not Black Forest gâteau, not bread,” said Ms. Feix, a Canadian who moved to Germany in 2009. Becoming a professional bread baker entails a three-year apprenticeship and more exams.
Germany’s thicket of rules and standards shields roughly 150 professions from competition, from ski instructors to well-diggers. Stiff fines await uncertified practitioners. German authorities conduct thousands of enforcement raids each year.
Now, the system—rooted in medieval guilds—is under attack.
Many praise Germany’s rigorous apprenticeship model for funneling high-school dropouts into solid middle-income jobs. But economists warn the rigid rules are holding back growth and investment in the services sector, and contributing to the nation’s vast current-account surpluses, long a bone of contention with trading partners.
Crucially, German resistance has also helped stymie efforts to deregulate the vast European Union services market, which accounts for more than 70% of the region’s output but only around one-fifth of internal trade, according to Open Europe, a think tank. Since more productive companies are restricted from moving between countries to take market share, productivity suffers.
http://www.wsj.com/articles/germanys-apprenticeship-system-comes-under-attack-1476642363
The author makes a lot of picayune points like the level of infighting in Whitehall. It there weren't such there would never have been a Brexit in the first place. He then finishes his scaremongering diatribe with this little ditty. The reaction of overseas investors in marking down the value of the pound has been entirely rational. It is no more or less than a dispassionate judgment on Britain's future economic prospects if it continues its present course.
The different between hard and soft: Greasing the old palms.
The Hollande-Merkel tough palaver is still another sign. Merkel's tenure has been a schizophrenic disaster and Hollande is presiding over the loss of his own country. These are the two elitist countries of the EU. Every one else take your place in the EU welfare line.
So the elites want an official letter. Give them one and shut their mouths. Financial Times columnist Phillip Stephens, "A hard Brexit heralds a closed Britain,"writes:
The surprising thing about the falling value of the sterling is that it hasn't been more precipitous. Britain is shuffling towards an outright rupture with the EU and an immigration clampdown that would weaken engagement with the world beyond. The government has yet to grasp a simple fact of globalization: nations cannot declare themselves open for business and hen close the doors to foreigners.
And we thought all the horror movie scriptwriters resided in Hollywood. What Mr. Phillips and his kind have yet to grasp is that the government has grasped, as have many of the people, the simplest fact about globalization. It makes an already less than level playing field even less level. And on the contrary, Brexit will make Britain's engagement with the world beyond stronger not weaker. If you don't give in to the EU's bureaucratic dictates, it's a hard Brexit. But playing by their rules it's a soft one. We can't decided whether that's a not-so-veiled threat or a request for bribery. Or both with the mention of "the EU now wants a €20 billion divorce settlement as the UK’s “fair share” of inane projects the UK agreed to as part of the EU."
mishtalk.com/2016/10/13/eu-seeks-e20-billion-divorce-settlement
Mr. Stephens is worried about closing out foreigners. Well, here's how the kingpin of the EU, Germany, welcomes foreigners.
After 18 months of study, $2,200 in tuition and three exams, Ewa Feix is now permitted by German law to bake two variations of cupcakes.
“Not pretzels, not Black Forest gâteau, not bread,” said Ms. Feix, a Canadian who moved to Germany in 2009. Becoming a professional bread baker entails a three-year apprenticeship and more exams.
Germany’s thicket of rules and standards shields roughly 150 professions from competition, from ski instructors to well-diggers. Stiff fines await uncertified practitioners. German authorities conduct thousands of enforcement raids each year.
Now, the system—rooted in medieval guilds—is under attack.
Many praise Germany’s rigorous apprenticeship model for funneling high-school dropouts into solid middle-income jobs. But economists warn the rigid rules are holding back growth and investment in the services sector, and contributing to the nation’s vast current-account surpluses, long a bone of contention with trading partners.
Crucially, German resistance has also helped stymie efforts to deregulate the vast European Union services market, which accounts for more than 70% of the region’s output but only around one-fifth of internal trade, according to Open Europe, a think tank. Since more productive companies are restricted from moving between countries to take market share, productivity suffers.
http://www.wsj.com/articles/germanys-apprenticeship-system-comes-under-attack-1476642363
The author makes a lot of picayune points like the level of infighting in Whitehall. It there weren't such there would never have been a Brexit in the first place. He then finishes his scaremongering diatribe with this little ditty. The reaction of overseas investors in marking down the value of the pound has been entirely rational. It is no more or less than a dispassionate judgment on Britain's future economic prospects if it continues its present course.
The different between hard and soft: Greasing the old palms.
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