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British version of Trump becomes PM

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Comments

  • Registered Users Posts: 411 ✭✭Enter name here


    steddyeddy wrote: »
    Well put it this way. You said you bought your house from proceeds from a bet over Trump becoming president. So in terms of belief I don't believe your posts.

    Prior to joining the EU the UK was close to bankruptcy. It then availed of the largest loan in the history of the IMF.

    Believe what you will Eddy, I am financially secure and have no mortgages or debt. So yes i can ride out any hiccups or bumps.
    And just to blow your mind seeing how we work in same industry, what was your opinion of the latest merger that was announced over the weekend.
    How long do you think the corporations from our industries will stay when there tax breaks are taken away from them.


  • Registered Users, Registered Users 2 Posts: 14,381 ✭✭✭✭Professor Moriarty


    Believe what you will Eddy, I am financially secure and have no mortgages or debt. So yes i can ride out any hiccups or bumps.
    And just to blow your mind seeing how we work in same industry, what was your opinion of the latest merger that was announced over the weekend.
    How long do you think the corporations from our industries will stay when there tax breaks are taken away from them.

    For a person so financially successful, you don't seem to understand betting, bond yields or the markets.


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy


    Believe what you will Eddy, I am financially secure and have no mortgages or debt. So yes i can ride out any hiccups or bumps.
    And just to blow your mind seeing how we work in same industry, what was your opinion of the latest merger that was announced over the weekend.
    How long do you think the corporations from our industries will stay when there tax breaks are taken away from them.

    Good question. I think the UK's science industry is f**ked if we hit a no deal Brexit. As does everyone else it seems.

    https://www.bbc.co.uk/news/business-49133625


  • Registered Users Posts: 411 ✭✭Enter name here


    That's a crash? But the Iseq was lower a few weeks ago? And a few months ago? And a few months before that? You'll have to explain this to me.

    Wow you really need to stop passing comments if you haven't researched. It was the single largest downturn since Dec 2018 in 1 days trading.

    So please don't sit here and make ****e up as you go along.


  • Registered Users, Registered Users 2 Posts: 14,381 ✭✭✭✭Professor Moriarty


    Wow you really need to stop passing comments if you haven't researched. It was the single largest downturn since Dec 2018 in 1 days trading.

    So please don't sit here and make ****e up as you go along.

    Oh dear. A Stock Market Crash is defined as a 10%+ drop in value.


  • Registered Users Posts: 411 ✭✭Enter name here


    steddyeddy wrote: »
    Good question. I think the UK's science industry is f**ked if we hit a no deal Brexit. As does everyone else it seems.

    https://www.bbc.co.uk/news/business-49133625

    Our industry is far more exposed than the UK. If the EU does anything to the tax breaks our industry currently gets they will pack up and relocate quicker than you and I could imagine. Are you prepared to move countries, personally I am glad to be home and don't fancy a 4th country in less than 15 years.


  • Registered Users Posts: 411 ✭✭Enter name here


    For a person so financially successful, you don't seem to understand betting, bond yields or the markets.

    How so, I have just given up trying to explain something to someone that has no comprehension of the real world outside there bubble. I'd would dearly like to comment further but then I would be at risk again from our lovely mods who would say i was just being confrontational with you again. Or are you just looking for something to report me on again for the 4th day in a row?


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy


    Our industry is far more exposed than the UK. If the EU does anything to the tax breaks our industry currently gets they will pack up and relocate quicker than you and I could imagine. Are you prepared to move countries, personally I am glad to be home and don't fancy a 4th country in less than 15 years.

    Ha. Sigma, the main supplier of our chemicals has told us to expect massive increases in case of no Brexit. Our lab has already lost ~200k from Horizon 2020 funding.


  • Registered Users Posts: 411 ✭✭Enter name here


    steddyeddy wrote: »
    Ha. Sigma, the main supplier of our chemicals has told us to expect massive increases in case of no Brexit. Our lab has already lost ~200k from Horizon 2020 funding.

    So I'm curious are you prepared to move or will you ride out if it comes to that?


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  • Registered Users, Registered Users 2 Posts: 14,381 ✭✭✭✭Professor Moriarty


    How so, I have just given up trying to explain something to someone that has no comprehension of the real world outside there bubble. I'd would dearly like to comment further but then I would be at risk again from our lovely mods who would say i was just being confrontational with you again. Or are you just looking for something to report me on again for the 4th day in a row?

    You were proven wrong about betting, bonds and the Iseq. You can't explain because you don't understand. And I've never reported any post or poster on this site. I'm afraid your posts speak for themselves.


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy


    So I'm curious are you prepared to move or will you ride out if it comes to that?

    I'm already working jointly between the US and the UK on a salary from the US government. I'm not sure. It's a good project and there's cool people in both places.


  • Registered Users Posts: 411 ✭✭Enter name here


    You were proven wrong about betting, bonds and the Iseq. You can't explain because you don't understand. And I've never reported any post or poster on this site. I'm afraid your posts speak for themselves.

    How was i wrong on any of those 3?
    The bonds are in a terrible state ( I have neither the patience or virtue to explain that to you)
    The market was down the largest single day % in last 8 months.
    And for the betting if you are referring to the use of the word lay or placed I have already addressed that and said it was a good play on words.

    I also gave you 2 betting predictions, and mark my words I will find you to gloat when they mature.


  • Registered Users, Registered Users 2 Posts: 14,381 ✭✭✭✭Professor Moriarty


    How was i wrong on any of those 3?
    The bonds are in a terrible state ( I have neither the patience or virtue to explain that to you)
    The market was down the largest single day % in last 8 months.
    And for the betting if you are referring to the use of the word lay or placed I have already addressed that and said it was a good play on words.

    I also gave you 2 betting predictions, and mark my words I will find you to gloat when they mature.

    I'll leave you to it.


  • Registered Users, Registered Users 2 Posts: 7,447 ✭✭✭Calhoun


    Some level of Stockholm syndrome going on, people seem to forget that the UK signed up to the backstop they weren't coerced.

    The seem to think though they are somehow special and can break the deals they sign up to but i suppose when you were a conquering empire for so long you do get used to screwing over the lesser classes/countries.


  • Registered Users, Registered Users 2 Posts: 14,381 ✭✭✭✭Professor Moriarty


    Calhoun wrote: »
    Some level of Stockholm syndrome going on, people seem to forget that the UK signed up to the backstop they weren't coerced.

    The seem to think though they are somehow special and can break the deals they sign up to but i suppose when you were a conquering empire for so long you do get used to screwing over the lesser classes/countries.

    It's worse than that. The UK proposed the backstop.


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  • Site Banned Posts: 12,341 ✭✭✭✭Faugheen


    It's worse than that. The UK proposed the backstop.

    And the current Foreign Secretary was part of the discussions which proposed it.

    If Boris says there will be no new discussions until the backstop is removed, and the EU says multiple times that the WA is not up for renewal, why don't the UK just go away and leave instead of playing this silly game?

    If the UK thinks anybody will go into trade negotiations with them after Brexit then they're badly mistaken. No country worth its salt will talk to the UK seeing how it has just approached everything in bad faith since Brexit.


  • Registered Users, Registered Users 2 Posts: 7,447 ✭✭✭Calhoun


    Faugheen wrote: »
    And the current Foreign Secretary was part of the discussions which proposed it.

    If Boris says there will be no new discussions until the backstop is removed, and the EU says multiple times that the WA is not up for renewal, why don't the UK just go away and leave instead of playing this silly game?

    If the UK thinks anybody will go into trade negotiations with them after Brexit then they're badly mistaken. No country worth its salt will talk to the UK seeing how it has just approached everything in bad faith since Brexit.

    Simples Boris knows his goose is cooked on this one and he is deciding if he wants to eat the hard Brexit or climb down.

    For now all the Brits and West Brits can sing about old Britannia ruling the waves.


  • Registered Users Posts: 411 ✭✭Enter name here




  • Site Banned Posts: 12,341 ✭✭✭✭Faugheen



    Because some rambling old man agrees with you, it proves your point?

    That article adds nothing. Boris hasn't called any bluff because neither Leo nor Simon have given a shred of an indication that they've been got.

    Their point has been very simple from the beginning; honour the commitment of the GFA. They're not going to back down from that.

    Last time Boris and Coveney were in the same room, Coveney called Boris out in all his bullsh*t in front of every media outlet in the U.K. and Ireland. Coveney is well able for Boris on his own and Eoghan Harris is literally chatting **** with zero foundation.


  • Registered Users, Registered Users 2 Posts: 18,288 ✭✭✭✭rob316



    What absolute ****e that is. I know they need to write about 2 sides of the coin but that is just ramblings with no fact.

    The EU have told the UK if you don't want the backstop come up with a suitable alternative but they can't or don't want to.

    There is no bending on the backstop the very future existence of the EU depends on it.


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  • Registered Users, Registered Users 2 Posts: 7,447 ✭✭✭Calhoun


    rob316 wrote: »
    There is no bending on the backstop the very future existence of the EU depends on it.

    This is a critical point of failure for Europe and its current direction. If they drop Ireland then they will essentially look like the UK do now and not standing by their agreement but also putting non members ahead of members.

    Additionally it will also be seen as a sign by Le Pen and the rising right in europe to put the screws on even harder.


  • Registered Users Posts: 330 ✭✭Dammo


    “A sobering lack of any detail from @10DowningStreet this evening. Vacuous optimism isn’t going to address the impact Brexit will have on businesses and communities all over Wales”.

    Mark Drakeford, First Minister of Wales following his meeting with Johnson.

    Seems there’s no detail for anyone on anything.


  • Registered Users, Registered Users 2 Posts: 3,811 ✭✭✭joe40



    Would someone please tell Eoghan Harris that the backstop was Britain's idea.
    Does anyone seriously expect the UK to leave the EU but still have a totally open border with the EU via NI. No other country has that arrangement.
    Neither the EU nor the UK would accept that position long-term.
    This is not simply Ireland's decision to make.


  • Registered Users, Registered Users 2 Posts: 5,758 ✭✭✭Laois_Man


    joe40 wrote: »
    Would someone please tell Eoghan Harris that the backstop was Britain's idea.
    Does anyone seriously expect the UK to leave the EU but still have a totally open border with the EU via NI. No other country has that arrangement.
    Neither the EU nor the UK would accept that position long-term.
    This is not simply Ireland's decision to make.

    Many seem to intentionally be ignoring the little fact that a member of the ERG stated in the last few days that they still won’t vote for the WA if the backstop is entirely removed from it!


  • Registered Users, Registered Users 2 Posts: 5,758 ✭✭✭Laois_Man


    Our industry is far more exposed than the UK. If the EU does anything to the tax breaks our industry currently gets they will pack up and relocate quicker than you and I could imagine. Are you prepared to move countries, personally I am glad to be home and don't fancy a 4th country in less than 15 years.

    What an absolute mess of a post!

    What mechanism do the EU have to dictate our taxes?

    Secondly, even if they managed to do so, it would mean identical taxes across the EU! That’s what tax harmonization means. Where are they going to relocate to and why would they want the enormous expense?


  • Banned (with Prison Access) Posts: 2,907 ✭✭✭Stevieluvsye


    Laois_Man wrote: »
    What an absolute mess of a post!

    What mechanism do the EU have to dictate our taxes?

    Secondly, even if they managed to do so, it would mean identical taxes across the EU! That’s what tax harmonization means. Where are they going to relocate to and why would they want the enormous expense?

    There will never ever be Tax harmonisation in the EU.

    Be a fcuking quagmire of the highest order


  • Registered Users Posts: 411 ✭✭Enter name here


    Laois_Man wrote: »
    What an absolute mess of a post!

    What mechanism do the EU have to dictate our taxes?

    Secondly, even if they managed to do so, it would mean identical taxes across the EU! That’s what tax harmonization means. Where are they going to relocate to and why would they want the enormous expense?

    https://www.irishtimes.com/business/economy/eu-commission-pushes-ahead-with-plan-to-end-unanimity-on-tax-1.3746080?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fbusiness%2Feconomy%2Feu-commission-pushes-ahead-with-plan-to-end-unanimity-on-tax-1.3746080

    The EU is trying to force new corporate tax rates on us. Currently our government strongly opposes it. That's not to say that will not change in the future, and when and if it does most of the largest corporations will relocate to their next tax haven.


  • Registered Users, Registered Users 2 Posts: 5,758 ✭✭✭Laois_Man


    https://www.irishtimes.com/business/economy/eu-commission-pushes-ahead-with-plan-to-end-unanimity-on-tax-1.3746080?mode=sample&auth-failed=1&pw-origin=https%3A%2F%2Fwww.irishtimes.com%2Fbusiness%2Feconomy%2Feu-commission-pushes-ahead-with-plan-to-end-unanimity-on-tax-1.3746080

    The EU is trying to force new corporate tax rates on us. Currently our government strongly opposes it. That's not to say that will not change in the future, and when and if it does most of the largest corporations will relocate to their next tax haven.

    1. Articles exactly like that have been appearing for the last 20 years

    2. There are already tax locations lower than Ireland’s

    3. They will still need an EU presence for free access to the SM

    4. The Irish are far from the only government who oppose it


  • Registered Users, Registered Users 2 Posts: 38,967 ✭✭✭✭eagle eye


    There will never ever be Tax harmonisation in the EU.
    No you'll get the same system as the USA where you pay a state tax and a federal tax.


  • Registered Users Posts: 411 ✭✭Enter name here


    Laois_Man wrote: »
    1. Articles exactly like that have been appearing for the last 20 years

    2. There are already tax locations lower than Ireland’s

    3. They will still need an EU presence for free access to the SM

    4. The Irish are far from the only government who oppose it

    9 of the largest 10 pharma companies are here paying next to no tax, the minute that changes they will be gone in the blink of an eye. They don't need to be here for any reason other than the tax breaks the Irish government currently grants them.


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  • Closed Accounts Posts: 1,452 ✭✭✭Twenty Grand


    9 of the largest 10 pharma companies are here paying next to no tax, the minute that changes they will be gone in the blink of an eye. They don't need to be here for any reason other than the tax breaks the Irish government currently grants them.

    There are plenty of places with similar tax rates to Ireland.
    Plenty of Eastern European countries couldn't handle a higher rate.

    I'm not so foolish to think MNCs are here for the high skilled, English speaking workforce, but any adjustment would need to be balanced against the costs of moving and paying a slightly lesser tax rate somewhere else.

    MNCs get huge research tax breaks from the Irish govt, on the condition they manufacture here, so it's not a simple "raise the rate and theyll leave" equation.


  • Registered Users, Registered Users 2 Posts: 5,758 ✭✭✭Laois_Man


    9 of the largest 10 pharma companies are here paying next to no tax, the minute that changes they will be gone in the blink of an eye. They don't need to be here for any reason other than the tax breaks the Irish government currently grants them.

    Gone where?


  • Registered Users Posts: 411 ✭✭Enter name here


    Laois_Man wrote: »
    Gone where?

    As Irish pharma currently exports approx 4.8 billion euro's alone to the UK, and after Brexit there will separate regulatory arrangements do you not think it would be out of the question for plants to relocate to ensure the continuation of their NHS contracts?


  • Registered Users, Registered Users 2 Posts: 5,994 ✭✭✭ambro25




    As Irish pharma currently exports approx 4.8 billion euro's alone to the UK, and after Brexit there will separate regulatory arrangements do you not think it would be out of the question for plants to relocate to ensure the continuation of their NHS contracts?
    How much does Irish pharma exports to the EU26 balance?

    Those separate regulatory arrangements don't seem to bother the RoW after their regular supply of viagra and botox, much.


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy


    So Leo Varadker gives an interview stating that Ireland won't be bullied into changing it's position. At least this is getting interesting. Reuters reports.
    “Ireland isn’t going to be bullied on this issue and as a government and as a country, I think we are going to stick by our position,” .


  • Banned (with Prison Access) Posts: 2,907 ✭✭✭Stevieluvsye


    steddyeddy wrote: »
    So Leo Varadker gives an interview stating that Europe won't be bullied into changing it's position. At least this is getting interesting. Reuters reports.

    Fixed that, we hold fcuk all clout here


  • Registered Users, Registered Users 2 Posts: 5,758 ✭✭✭Laois_Man


    ambro25 wrote: »
    How much does Irish pharma exports to the EU26 balance?

    Those separate regulatory arrangements don't seem to bother the RoW after their regular supply of viagra and botox, much.

    Precisely. We exported goods worth €71 billion to the EU in 2018 and pharam accounted for more than half of this....dwarfing the €4.8 billion exported to the UK...who will still have to import a large chunk of it from Ireland....with tariffs!


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy




    As Irish pharma currently exports approx 4.8 billion euro's alone to the UK, and after Brexit there will separate regulatory arrangements do you not think it would be out of the question for plants to relocate to ensure the continuation of their NHS contracts?

    No it wouldn't. You're misunderstanding the economics of it completely. First of all "Irish Pharma" as you put it isn't an homogeneous body. Even if they were to move to the UK it wouldn't make sense to move the whole business there just open up new factories. They're exporting to the UK but they also export to the rest of Europe, a much bigger market. It wouldn't make any sense to move to a country which will likely trade on WTO terms soon and therefore result in much higher trading costs.

    Secondly why not just pass the increased cost of trade onto the British NHS in the form of price hikes. The NHS can then decide if it's affordable or not.


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy


    Fixed that, we hold fcuk all clout here

    Actually Steve the Irish issue seems to be dominant in the UK at the moment.


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  • Banned (with Prison Access) Posts: 2,907 ✭✭✭Stevieluvsye


    steddyeddy wrote: »
    Actually Steve the Irish issue seems to be dominant in the UK at the moment.

    I know, but we will provide our "Red Lines" to Europe and they will either back us, or they won't

    High probability they will of course


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy


    Wow who would have ever guessed there were so many pharma people here on the boards. Guess I should just resign and take all my management decisions from your guys now. Under the new regulatory requirements for the UK and the contractual agreements to supply the NHS would you be so kind as to advise me how to keep my costs down inline with contractual agreements? Let me give you a hint, it wont be by paying a higher tariff.

    You stated that a bet about Trump bought your house? Maybe place more bets until the tariffs are evened out.

    In the real world though people deal with increased costs of business by increasing the costs to the people they're supplying to. Just increase the costs of drugs to the NHS.


  • Registered Users, Registered Users 2 Posts: 38,967 ✭✭✭✭eagle eye


    steddyeddy wrote:
    So Leo Varadker gives an interview stating that Ireland won't be bullied into changing it's position. At least this is getting interesting.
    Politicians lie and he said 'I think'.


  • Site Banned Posts: 12,341 ✭✭✭✭Faugheen


    I know, but we will provide our "Red Lines" to Europe and they will either back us, or they won't

    High probability they will of course

    Protecting the border and the GFA has been an EU red line from day one.


  • Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    @blinding - red card for ignoring thread ban

    dudara


  • Banned (with Prison Access) Posts: 2,907 ✭✭✭Stevieluvsye


    Faugheen wrote: »
    Protecting the border and the GFA has been an EU red line from day one.

    Let’s see how it works out so


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  • Registered Users, Registered Users 2 Posts: 7,447 ✭✭✭Calhoun


    Old Timmy Dooley really put his foot in it lol.


  • Registered Users, Registered Users 2 Posts: 27,564 ✭✭✭✭steddyeddy


    BMW tell Boris a no deal Brexit should be avoided at all costs, Bank of England cuts growth projections and the Pound falls even lower against the Dollar.

    Well done Boris! You may be destroying the British economy but you're annoying people on the "left".


  • Registered Users, Registered Users 2 Posts: 4,417 ✭✭✭ToddyDoody


    Liberation from the EU for all.

    2.1bn to start with. (and we thought the childrens hospital was bad value for money)


  • Closed Accounts Posts: 5,482 ✭✭✭Kidchameleon


    steddyeddy wrote: »
    BMW tell Boris a no deal Brexit should be avoided at all costs, Bank of England cuts growth projections and the Pound falls even lower against the Dollar.

    Well done Boris! You may be destroying the British economy but you're annoying people on the "left".

    He inherited a mess and will clean it up. He's in the job less than a week. Have you anything to say about his predecessor who was there for 3 years?


  • Registered Users Posts: 557 ✭✭✭Walter Bishop


    He inherited a mess and will clean it up. He's in the job less than a week. Have you anything to say about his predecessor who was there for 3 years?


    How will he clean it up?


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