Forum Topic

The EU ~ A Failing Project

The EU ~ A Failing ProjectWith Italy already in recession and Germany teetering on the brink it won't be long before the whole federal state collapses. Won't be too long after the U.K. it's 3rd largest cash cow leaves. Bring on Brexit! 🇬🇧Here's another article the Guardianistas on here chose to ignore:https://www.theguardian.com/business/2019/mar/24/the-europe-union-has-bigger-problems-to-deal-with-than-brexitHere's a  report from the BBC:https://www.bbc.com/news/business-47236841There are loads more but I won't post them because I know how boring multiple links can be.💤 Google is our friend.😁

Sue Hammond ● 2668d11 Comments

Do not worry Sue.We will be in a recession too, in six months perhaps?  Consumer confidence in the UK is very low indeed.Thank you also for the article in the Guardian.  I found this paragraphs interesting:The EU’s biggest problem is that its economic model has aged alongside its population. Europe has plenty of world-class companies but, unlike the US, none of them were set up in the past 25 years. In Europe’s golden age, Volkswagen was a rival to Ford, and Siemens could go toe to toe with General Electric. But there is no European Google, Facebook or Amazon and in the emerging technologies of the fourth Industrial Revolution, such as artificial intelligence, Europe is nowhere.So, are you saying that the UK has a British Google, Facebook and Amazon?  I know that Cameron is going to work with artificial intelligence... Is this in the UK too?

Ivonne Holliday ● 2668d

Hi Ivonne. "So, are you saying that the UK has a British Google, Facebook and Amazon?" No I didn't say that at all and I don't understand why you thought that I did?  Perhaps I've missed your train of thought.

Sue Hammond ● 2668d

Neither Germany nor Italy are currently in recession, Italy was but exited in April. The article you posted was from March...I suppose we come back to the definition of Nationalist again, for some reason you celebrate the economic woes of one of our largest trading partners, glossing over the minor issue (sarcasm) that if they are in recession it will impact us too.Trade doesn't have to be a zero sum game, despite what Trump thinks.Nationalist :- "a person who strongly identifies with their own nation and vigorously supports its interests, especially to the exclusion or detriment of the interests of other nations."

Matt Palmer ● 2668d

No Sue, I paraphrased one of the paragraphs in The Guardian article you mentioned.  It states that:  The EU’s biggest problem is that its economic model has aged alongside its population. Europe has plenty of world-class companies but, unlike the US, none of them were set up in the past 25 years. In Europe’s golden age, Volkswagen was a rival to Ford, and Siemens could go toe to toe with General Electric. But there is no European Google, Facebook or Amazon and in the emerging technologies of the fourth Industrial Revolution, such as artificial intelligence, Europe is nowhere.So, my line of thought is: does this exclude the UK?  Apologies for not having it made  clear before.But as Paul said just now, this is an article published in March 2019.

Ivonne Holliday ● 2668d

Ivonne, it was Matt who pointed out the date of the article was March and not current.

Lucille Grant ● 2668d

Oooops!!!  Sorry Matt!!!

Ivonne Holliday ● 2668d

You are correct Sue. The EU is a failing project.The runaway gravy train will soon go bankrupt!There is now a glimmer of hope that Westminster will no longer become a museum in the next 20 years after all.Hooray to Boris :-)

Paul Game ● 2668d

@Matt"Neither Germany nor Italy are currently in recession, Italy was but exited in April"Currently is the key word here.  Italy has been in recession 3 times in the last 10 years and it probably won't be too long before it is again. Germany is currently teetering on the brink. Greece Italy and Spain all have youth unemployment rates currently in excess of 30% so I would guess those countries are probably off your list to move to when considering your child's future career prospects. Slovenia and Denmark currently look okay though.

Sue Hammond ● 2667d

Ah, Sue.  So Currently is the key word.  Currently, the UK is heading for a big recession akin to the 2018 financial disaster.But I suppose it is different just because it is the different.And also, keeping minor details on the side, it just so happens that the countries that bore the grunt of the immigration were coincidentally Greece, Italy and Spain.

Ivonne Holliday ● 2667d

@Ivonne"the countries that bore the grunt of immigration? Grunt? Did your phone sabotage your post lol. So in effect what you are saying is that immigration causes major problems? How strange, I thought you were in favour of freedom of movement.Btw where did you source the info about the UK's impending "big recession"?

Sue Hammond ● 2667d

No Sue, you are twisting my words but not very effectively.And yes, my goodness, the end of the world is here because there was a typo in my message!!!

Ivonne Holliday ● 2667d