Two senior people discussing the most important issue related to Brexit while the rest of the UK is sleeping. Brexit was all about fishing and kippers according to millions. The coming years we will find out where it was really all about but what is very clear from Graham is that huge amounts of capital are flowing out of the UK back into the mainland and this will go on for many years to come.

@DavidEdwards-uf5lg

9 ай бұрын

Is that why the EU is in recession,lmfao.coz you've got all our money? Lmao.

Any news from the brexiteers on their idea of Singapore on Thames, I assume that was just crap just like Global Britain .?

HSBC will not continue it’s lease in London when the lease contract ends 2027. 70000 jobs?

@boandonoff4026

9 ай бұрын

That's old news :D Meta now paid 137m to end their lease in London as well 🤣. Not only the direct jobs, but everything else in the area like the coffee shops, pubs and corner shops in the area are also impacted, maintenance companies, facilaities management that serviced that building and most importantly - the all-mighty leaseholder 🤷‍♂

@verttikoo2052

9 ай бұрын

@@boandonoff4026 Oops 🥳

I’ve had enough of this sinking feeling brought on by nutty Brexit and it’s nuttier followers!!!! Time to get back in and start living!!!!!

Truss's solution: deregulate the City completely, and expect the EU not to act against it.

@verttikoo2052

9 ай бұрын

EU will get the Hazmat suit ☣️ When she becomes the PM again 🚨

If the EU are retrieving more tax receipts to fund their countries so it's hard for me to imagine and that the EU would want to change that. I mean why would the EU trust the UK with financial services ( left out of the TCA) when they're constantly going on about deregulation, it's basically a non-starter for the EU because it creates a risk to the stability of their banking system. Put it to you this way would you allow a bunch of football Hooligans that live next door to be signatures on your bank account? Because I've yet to see any brexit benefit but I suppose you have the innocuous sovereignty that you've always had in Parliament. Has it bore fruit that would benefit the standard of living? If Boris said you're holding all the cards did you stop to think that they may be Jokers?

@verttikoo2052

9 ай бұрын

After 31.12.2023 the UK financial services sector isn’t allowed to provide financial services in to the European Union 🇪🇺 UKs financial sector loses 448 million customers at the end of the year. EU and USA doesn’t need the UK to do anything and EU especially has decided to breakdown the London monopoly over European banking.

@justsayen2024

9 ай бұрын

@@verttikoo2052 👍

What escapes me IS why euro clearence IS still being done in the city of London. The earlier we bring It back (say to Madrid, Lisbon or Athens) the better.

We are too full of ourselves - inflated chest, but dying of terminal cancer.

@johnbrereton5229

9 ай бұрын

How many are you there with only one chest , 😂

@TheNefastor

9 ай бұрын

Cancer... or COVID.

The amount off offshored money is tremendous and does a devastating harm to the Uk and it’s getting worse because it doesn’t come back and doesn’t tribute into the economy or prosperity

As a Spaniard I could never imagine that the British would take Hungary and Poland as an example, countries in which if their citizens do not react they could be expelled from the EU. We Europeans must be very grateful to BREXIT because it has served as a vaccine to put an end to the Eurosceptics, now not even the extreme right parties are talking about leaving the EU, they have shown to have some intelligence and have learned from the British experience

@Dirpitz

5 ай бұрын

ooof you should really check the news darling, actual news not jsut one channel, at least 5 other EU countries have strong leave pushes. Keep huffing the copium though

Very clear & informative thank you both.

When Ireland was forced by the UK via the EU into bailing out the banks, about 40% of the debt was to British investors exposed to the Irish Financial crisis. They got €38 billion free money for a High interest loan of €3.8 billion. Ireland was out of austerity in 2013, the UK was still dealing with austerity up to 2016.....

@lenrman969

9 ай бұрын

Ireland is expecting a $10.9 billion budget surplus this year. Next year, the windfall is projected to be even larger, reaching €16 billion.

@verttikoo2052

9 ай бұрын

Everyone got screwed by the UK. That is why we 🇪🇺 are moving our money 💶 AWAY from London. 31.12.2023 UK and London is not allowed to provide financial services in to the Europe. We want them as far away from our money 💶 as possible. Transition will be done before June 2025 when the last deadline hits. Greetings from 🇫🇮

@lenrman969

9 ай бұрын

The global financial crash in 2008 damaged Ireland severely. A task group was set up to analyse the causes and how to avert future exposure. In 2014, Civil servant Geraldine Byrne Nason produced a report on how Ireland should prepare for a possible UK exit from the EU. Ireland set to work preparing for that eventuality - 2 years before the actual Brexit referendum. For example. most shipping freight between Ireland and the continent went through Britain. There were just 2 sailings a week between Ireland and France. Now, there are 32 sailings a week to 12 ports in 6 European countries. Can you imagine Boris ever delivering a project like this? Because of all that work, instead of being severely damaged by Brexit, Ireland has thrived since 2016. Geraldine Byrne Nason is now Ireland's ambassador to the United States.

@verttikoo2052

9 ай бұрын

@@lenrman969 After the crash 2008 the EU started to make changes so that it doesn’t happen again. That is why we wanted to move our 💶 money away from London already 2011. Now we are doing it. We 🇪🇺 are planning ahead and we are constantly checking what is going on. Finland is basically in the same position like the Ireland when we talk about sea connections. That is why we 🇫🇮 build fast ships that are now also used to connect the Ireland to the continent. We are experts on that and I have known it from the day one that Ireland is not going to have problems with this. We have been doing it for decades so you can do it too. 😉

@verttikoo2052

9 ай бұрын

@@Buckets1000 You have to be careful though. You have two tier economy. You need to change few things with taxation. Nothing drastic. Estonian model.

Thank you, very informative.

Derivatives market figures are mind boogling

The traditional ‘ bail out ‘ from the City to the negative Balance of Payments has declined consistently over the past five quarters . It employees many but most of the Institutions pay little tax because it goes through offshore tax havens. Finally the type of work involved for portfolio management, equity, bond and derivatives trading plus accounting and actuarial work is bread and butter for A.I. within 3 years. Expect massive retrenchment in the City .

UK is aiming at (more) deregulation, while the EU is heading for keeping its regulations. „... Well remember, we didn’t move anywhere. We are within the European Union, the United Kingdom have moved in quite a significant way with the vote in 2016. What we are doing in the EU 27 is ensuring that our financial system is fit for purpose for the future. We truly want and desire a relationship with the United Kingdom. The reality of being a third country has come home to roost, if you like. On financial services we are not moving; we will move in a way that strengthens our regulations. .... However, and it’s important to say this, there is no recreating the single market for financial services for the United Kingdom, when they have decided to leave the single market. So what I am saying here very clearly is, change is coming.“ (EU Comissioner on Financial Services, Mairead McGuinness in an interview on 22.01.21)

@williampatrickfagan7590

8 ай бұрын

Saw that interview. Devastating

@verttikoo2052

5 ай бұрын

Mairead has said this several times and it is surreal that it doesn’t seem to sink in the UK. Huge fan of Mairead McGuinness. She is very clear and UK people don’t listen.

@verttikoo2052

5 ай бұрын

There is the one interview with Mairead with a title “the change is coming” from 2 years ago. There she is again very clear but the interviewers doesn’t seem to grasp the seriousness of what she is saying.

@williampatrickfagan7590

5 ай бұрын

To quote Yeats, All is changed, Changed utterly, A terrible beauty is born. When European Union clearings starts leaving London it's effects will be felt in every corner in the land. Not least in the Revenue Commissioners offices and treasury.

@cyberkraut5139

5 ай бұрын

@@williampatrickfagan7590 To me it is irritating and frightening to see a respectable country (in contrary to a „shithole country“) go down the way England is. To this day I cannot fully grasp why England is inflicting it on itself. There seems to be a severe suffering from Empire Withdrawal Syndrome. That’s definite. But there is more than this. This more is affecting all our countries. We are at present as western democracies deciding about our existence in the future as such. We would be doing good working together and show our capacity. At the same time - as in Little England - the fascists are crawling out of their holes everywhere to devide us. And capitalism - the predatory capitalism as we know it - is on its deathbed. Strong challenges!

A pirates' nest needs freedom to operate. This is given back to the City by Brexit.

I just injected this video transcript into a large language model and asked for a summary. One bullet point I picked was: "More decline in tax revenue from the City is expected going forward as banks shift trading books, staff, and operations carrying out high value activities like derivatives trading to the Eurozone." This makes me wonder if the City has a fine-tuning dataset that can help us (regular joes) understand exactly what the pros and cons of regulations are.

@lenrman969

9 ай бұрын

Much of the city business is dark money. 150 UK Tax Havens wrapped around the planet and extremely lax regulation enables the City to continue as the world centre of money laundering. So far - that has been largely unaffected.

@Anonymos321

9 ай бұрын

​@@lenrman969that is the main reason of Brexit

A question, if I may: If that granular picture come to pass, does that mean the 'legal' market is in the EU and the 'illegal' market is in the UK? A bit like the UK and Russian money?

@PanglossDr

9 ай бұрын

Yes.

Leading green center?? Seriously 🤣😂

@qeitkas594

9 ай бұрын

People underestimate the term "regulatory alignment for energy policies". It will basically mean that if you don't comply, the market will be closed for you. This can be very very nasty for any 3PP. I imagine it will work like this for example: if you produce electric cars in factories who are operational by burning coal, then those cars cannot enter the single market. Sovereignty has its price, it is not just freedom you will get in return for it, although most people who voted for Brexit thought they would.

@verttikoo2052

9 ай бұрын

@@qeitkas594Indian Tata owns Jaguar Land Rover. If the Indians can’t make the batteries in the UK then they have to buy the batteries from the EU. If they buy those from India or China then face because of the rules of origin tariffs for 10%. EU is not going to change the time line for this. We are building battery factories like crazy 🤪

@verttikoo2052

9 ай бұрын

@@qeitkas594 China decimated our Green Industry all ready once. That is not going to happen again. It is UKs own fault if they are not ready. EU and China are playing a very hard game here.

Sound problems?

@marinusvos

9 ай бұрын

Nope!

All over the world sovereign states are grouping together to form trading and co-operation groups. Why then would the UK buck this trend and leave the largest and most successful block to go it alone? Perhaps the most Googled question on the day after the referendum is a big clue? "What is the EU?"

@Dirpitz

5 ай бұрын

It didn't it just decided it wanted to be part of other trading groups not just forced to stay in one or have heavy taxation. The irony that you claim people's ignorance when you can't even get the basics right 🤣

@jonathanwetherell3609

5 ай бұрын

So What huge advantage is there in joining one of these other groups, an advantage that out weighs the loss of EU membership?@@Dirpitz

The City of London isn't Part of the UK !!!

Time to apply to rejoin the EU.

@user-pi2ln5md3u

9 ай бұрын

It's doubtful if the UK will ever be welcomed back! The EU member states have veto right and some of them have been doing very well out of Brexit🤣🤣

@sjelucten7150

9 ай бұрын

Britain will never join the EU ever again, in fact many other EU countries want to exit EU as well.

@briancarton1804

9 ай бұрын

@@sjelucten7150 Can you name a country that wants to leave the EU and present evidence please.

@roseanne9986

9 ай бұрын

@@sjelucten7150 Really? Maybe look up countries that want to join.

@gordonfleming458

9 ай бұрын

Fool

Scottish independence 🏴󠁧󠁢󠁳󠁣󠁴󠁿

@rebeccanoble6797

9 ай бұрын

Independent of what? The EU?

@bryangeake5826

9 ай бұрын

Scotland in the EU will have a better future than Scotland in the UK!@@rebeccanoble6797

@lesleyrobertson5465

9 ай бұрын

@@rebeccanoble6797 England

@lesleyrobertson5465

9 ай бұрын

@@rebeccanoble6797 England

@margaretbloomer9001

9 ай бұрын

I'm English, but I hear you. 🥲

Yes please do listen to these old gray hairs, they’re just experts, the UK has had enough of experts, just listen to farrage he’ll tell you about the intricacies of international credit swaps and the compliance and regulatory regimes.

Next time some OTC grey market "instrument" goes sour we´ve a bad bank: the BoE. I´d bet 5€ on "everyone dumping their toxic sludge there" and i guess the bookmakers´ve allready placed their bets. Since it´s not an "if" but only "when" the next casino meltdown happens maybe considering realpolitik measures in order to avoid implosion?

Old money my friend, old money

Would these issues be addressed by rejoining the SM etc? Or are we set to lose all the business unless and if we can rejoin the EU as a full member. Which seems unlikely for the several years. No one sensible seems to really believe the Singapore on Thames version of Brexit and it’s hard to see voters supporting an approach which would end public services as we have ever known them. So maybe if something can be salvaged, Labour needs to take the political risk and swing round behind the SM at least before a GE, and go for broke. Otherwise in power they stand to be blamed for inexorable decline while the tories peddle a myth of free-market nirvana on the global stage from the opposition side. Is this a correct analysis or just amateurism on my part?

@tomwalsh2244

9 ай бұрын

How many times do you exceptionalist Brits need to be told. The single market is ONLY for EU or EFTA members and is predicated on the 4 freedoms. How many times before you people actually absorb it do you have to be told. The uk has nothing to offer us, except lies for 40 years, breaking deals and risking peace in Northern Ireland. You're about as popular as Russia and Belarus with the rest of Europe. I would campaign against any party here on the continent if the agreed for the uk to JOIN NOT REJOIN. There is NO rejoin!

@bosoerjadi2838

9 ай бұрын

The irony is that, as with Brexit itself, no brexit supporter had, nor has, any idea what actially being Singapore-on-Thames really means in practice. Never mind having any plan how to achieve it either. And then, as with Brexit, once they somehow managed to have achieved it after all, they, most of all, wouldn't like it for a bit and frantically deny having done so..

@ab-ym3bf

9 ай бұрын

You'll never know, since there is no "rejoining the SM" for 3rd country UK other than EU membership.

@Harry-tb8yo

7 ай бұрын

Why would the EU want the UK back? What would be the benefit for the EU? Hint: there is none. Hence no "rejoining", not into the SM nor into the EU, at least not for the next few decades.

how come you make 18 minutes video and start it with "so"? :)

Brecit has failed

@MENSA.lady2

7 ай бұрын

Wrong.

@InakiCampo

7 ай бұрын

​@@MENSA.lady2Tell that to the Fishermen

@Dirpitz

5 ай бұрын

you gottas implement it before you can fail, unfortunately we have pro-EU tories that are only working for themselves and their corrupt financial backers, brexit never happended, some criminals in office just took advantage of the situation and made people believe they were actually doing something when in actual fact all they were doing was funneling as much money to their shady mates as possible. But rather than pont that out all the remoaners do is take the tory bait that they are actually trying xD

@peterebel7899

4 ай бұрын

Brexit is great, Brits have failed.

@Dirpitz

4 ай бұрын

@@peterebel7899 So weird that Europe is currently protesting for the exact same reason we left and got called racist, how weird, you all seemed so sure the farmers weren't being treat like shit, oh well I guess we weren't the only farmers sick of EU bullshit. stay mad city dwelling rats

Its not true

All I care about is the pound to euro. Bonjour.

@bh5037

9 ай бұрын

more than Liz Mistrust ever did !

@lesskeels3417

8 ай бұрын

Current euro exchange rate: £1= 1.16 euros, and that's unlikely even to buy you a coffee standing at the bar in Paris. Keep saving, you'll need a lot more yet.

waaaaaaaaaaaaagh

@DavidEdwards-uf5lg

9 ай бұрын

I think that translates to waaaaaaaaaaaagh.

Global derivatives mstket is 100 times global GDP .... hiw the hell do they keep that. Juggling act going

@dantownsend4246

9 ай бұрын

If they drop the ball the middle class will be the first to know

You may think the UK's position is in the EU but it's not your decision and the UK electorate proved you wrong nearly 8 years ago. Did you read a newspaper back then ?.

You won, deal with it.

The City is an international set of financial markets. They come and they go along with the flow of the worlds business. London exixts as a centre because it has nothing more than fully trained expertise and deep connections and solid institutuions with firms to perform second to none. Macron wants to steal it not for the EU ,but for France.. Some hope believe me. they don't know how to drive in this arena../ They can try and attcak, but it is hard to eclipse this scale of expertise. it is so slick and competetive.

What an echo chamber - just remainers talk to each other as usual.

@bryangeake5826

9 ай бұрын

....err you are talking here as well, so that makes it a debate, does it not! So, what is your evidenced argued position that supports the Brexit we have today that is nothing like what was promised in 2016!?

@DavidEdwards-uf5lg

9 ай бұрын

Sad aren't they Roger? did you see the sado march in London this weekend? what a bunch of looses

@bryangeake5826

9 ай бұрын

@@DavidEdwards-uf5lg ...yes, what a bunch, 1,000s of them! I smell fear boy!

@johnnyguitar6697

9 ай бұрын

Beats Brexiteers crying in their beer everyday that their fantasies didn't get to pass. At least, when these two guys speak, it feels like listening to grown ups.

@rogerpitcher2636

9 ай бұрын

Really two guys who can't except the new reality, for better or worse, we are no longer in the EU, and we won't be rejoining the EU anytime soon. Better to get on and make or new freedoms work. @@johnnyguitar6697

There were always going to be complexities, costs, disruptions plus winners and losers from the UK leaving the EU and as a Leave voter, I put them into the equation when making up my mind which way to go. The greater question, however, was never economic, but rather social. Do we want the UK to be absorbed into a sovereign Europe? Or should we remain a fully sovereign nation? I decided on the latter. Make no mistake, there are attempts by globalists to phase out democracy as a model for government and to replace it with something else - a benign kind of oligarchy - but while maintaining a facade of democracy to lend the governance the impression of legitimacy and prevent public insurrection. To ensure we keep what bit of democracy we have, however imperfect it is, we need governance to be as close to the people as possible and the highly centralised, bureaucratic and authoritarian Brussels behemoth is the antithesis of democratic rule. We are thankfully out of the EU and we need to stay out of their grasp.

@jamesmcgarry1229

9 ай бұрын

Well done, you put your faith in a first past the post system in which the Tories have overseen the decline of social services and standard of living for the last 13 years. The decline will continue as no UK government can overcome the disadvantages of being outside the Single market. Bravo for your victory.

@raymondwebb4179

9 ай бұрын

@@jamesmcgarry1229well put, But I wish to add it’s FUJIA , attitude,

@dogglebird4430

9 ай бұрын

@@jamesmcgarry1229 I didn't mention the FPTP system. That is likely to change and there is no reason why it won't in due course. The Tories were elected by the people and so we have to live with their governance - for better or worse. That's democracy. Your statement that "no UK government can overcome the disadvantages of being outside the Single market" isn't backed up by any evidence or reasoned argument. It's just a claim - with nothing to support it.

@andrewdale3695

9 ай бұрын

"highly centralised, bureaucratic and authoritarian Brussels behemoth is the antithesis of democratic rule". The EU is none of those things. Thanks for destroying my business, my future, our children's futures, and the economy over your ridiculous fantasies about "sovereignty" and globalists.

@wthomas5697

9 ай бұрын

The fundamental problem with your democracy is that there a whole lot of dumbasses out there that can be easily manipulated to vote against their own interests.

Brexit is the best thing ever to happen in Britain. Congratulations to Nigel Farage for job well done. Mission Accomplished. There's no looking back. God Bless him

@ToNNoMishMash

5 ай бұрын

😂

@peterebel7899

4 ай бұрын

God bless you having freed Europe from British suppression!

Brexit was never allowed to be a success because of the number of remainers in parliament, the civil service and HOLs. The EU is a failing organisation with countries such as Hungary and Poland reviewing whether they still wish to remain. Also the flood of immigrants caused by open borders is one example of EU policy failure.

@bryangeake5826

9 ай бұрын

Nope, if we were still in the EU, we would have had recourse to the returns policy we had!! Now gone because of Brexit! Parliament had Remainers, yes and Boris undemocratically got rid of them for only a 43% vote share in 2019, not very democratic that!! But what is the 'right' Brexit based on? Total isolation? Be a North Korea in the North Sea? No! Oh, you mean we needed more Brexiteer motivation to bang on the table and dictate terms to the EU, have all the benefits for zero costs or responsibility of EU membership, effectively subsidisation of the UK? Never going to happen we are not able to exert any such leverage on the infinitely more powerful EU! Hungary and Poland are not abiding by the terms by which they signed up to, so yes, they should leave!

@bh5037

9 ай бұрын

@@bryangeake5826 Hungary and Poland will never Leave -- too much money in the pot !!

@bryangeake5826

9 ай бұрын

@@bh5037 Then they should be fined by the EU if they do not do what they collectively signed up to do. And if there is 'too much money in the pot' then that is exactly why the EU is a success, making Europe politicaly stable and prosperous!

@johnnyguitar6697

9 ай бұрын

Brexit is a terrible idea badly implemented. No amount of blame being heaped on remainers, the civil service etc. will change that.

@EllieD.Violet

9 ай бұрын

​@@bryangeake5826Poland and Hungary ARE being sanctioned by withholding funds. There hopefully will be reforms to an extent that procedures will exist to kick out the likes of them. Greetings from the EU 🇪🇺

Best thing UK did, for centuries, is Brexit.

@DavidEdwards-uf5lg

9 ай бұрын

👍

@DavidEdwards-uf5lg

9 ай бұрын

​@tomwaller6893you must be incredibly stupid to want to rejoin that corrupt unelected unaccountable club.

@Anonymos321

9 ай бұрын

Thanks to Brexit the average IQ in EU did rise => You are right Brexit was for EU member states the best thing ever happened 👍

@Anonymos321

9 ай бұрын

​@@DavidEdwards-uf5lgYou know that the UK is the most corrupted state on this planet, do you?

@janhulst8189

9 ай бұрын

That is meanwhile a minority opinion. Even Farage called Brexit a failure and a majority of the British electorate now admits that Brexit was a mistake. No worries though, you’re not coming back anytime time soon, as we are not interested in troublemaker Britain. We ARE interested though in cannibalizing your financial industry and owning the rest of your country.

They are aware Brexit was 7 years ago, right? We don't live in Brexitia. We live in "Britain doing whatever we chose to get up to outside the EU".

@TonyEuston

9 ай бұрын

Yes numb nut they are aware of that. They're intelligent people.

@TorianTammas

9 ай бұрын

You are aware that no one talks about the UK or Brexit.

@bryangeake5826

9 ай бұрын

No we don't, we are increasingly curtailed, more isolated and in stagflation, you are still peddling the fantasy that post Brexit UK would be free to be able to dictate what it does, nope , external forces are beraing down on the UK that it is ill equiped to do much about! Like Paris overtaking the City as the larger stock exchange, that was a Brexit objective? The City loosing Euro Derivative trade worth £2.3 trillion in March 2021, was that 'taking back control'? Nope it was loosing control.......and its not over yet!

Brexit still hasnt actually been properly implemented by the government. We still have all the eu laws and regulations and since the brexit vote we've still paid them 31 billion. Yeah they made a couple of deals over fish but we still have to pay for that too. Government didnt want brexit so did not make it happen. It's the people in charge that are the problem with the city of london, not brexit

@G4WYZ

9 ай бұрын

Are you for real?

@channelsixtyeight068_

9 ай бұрын

_Government didnt want brexit so did not make it happen_ - Did you dream up that fantasy all by yourself?

@ruinerblodsinn6648

9 ай бұрын

Didn’t know that you are typing away from the trenches Ivan. Take a break.

@Arltratlo

9 ай бұрын

Brexshit been leaving the EU... you left the EU, Brexshit done...

@amcc5887

9 ай бұрын

Listen to the 2 gentleman you might learn something, your quite dillusional no harm to you, you left Europe yet you won't let Scotland leave little England,pathetic 🤣🤣

195 countries in the world. 27 are EU victims. It's over. We're out.

@wanderingtravellerAB99

9 ай бұрын

Support for eu membership rose in every country after the referendum and the queue to get in is longer than ever. Regret at leaving and now even support to rejoin has an established and growing majority. You are one of a shrinking minority of delusional fantasists with nothing but unicorns and rainbows and a ruined economy on your side.

@stevetaylor6714

9 ай бұрын

So a Single Market which allows free movement of goods, services and people between member states is in your definition a 'victim". My goodness your world must be in chaos

@bryangeake5826

9 ай бұрын

Victims? Of what? Peace and relative prosperity in most of Europe since 1945?

@kerryburns6041

9 ай бұрын

Yes Rebecca, you are out. Your short comment goes a long way to explain why.

@cormackeenan8175

9 ай бұрын

Your comment appears to draw a false equivalence between all 195 countries. You have a union of 27 countries on your doorstep, which is considered one of the wealthiest in the world, and yet you’re discussing Tonga, Bali, and other places as if they are somehow equivalent as part of the 195 🤷‍♂️

Since brexit financial services have boomed and London has remained europes richest and most important city

@qeitkas594

9 ай бұрын

The GFCI, which Graham mentioned, shows that the UK maintained its ranking but it is shrinking compared to Ney York, while European cities are moving up in rankings. This shows that Brexit is doing its job. This financial dismantling of the City is a very slow process which will take many years but lets be clear about this, it is ongoing.

@thomasbootham2707

9 ай бұрын

@@qeitkas594 London isn’t just a European financial centre it is a world financial centre which means no European city has the scale to replace London and the clients that left the city after the referendum were all quickly replaced

@Arltratlo

9 ай бұрын

did you know, London is just a money laundry place... one of the reasons they wanted out of the EU, they need the money from criminals and dictators!

@roseanne9986

9 ай бұрын

@@thomasbootham2707Wait till the EU remove its money from London. 2025. It’s EU money that’s keeping London afloat.

@qeitkas594

9 ай бұрын

@@thomasbootham2707 No not true. The dismantling of London is distributed over Dublin, Luxembourg, Paris, Munich, Frankfurt, Amsterdam, Milan, Copenhagen, Warsaw etc. These cities are not in a race to be become the single biggest of them all. The concept of the EU is that you have to consider it as a bloc so you have to add them all up together and compare them to London.

Have you seen the state of the EU recently? The UK voted not to be communist and socialist. Do try to keep up with what self-government is.

@ab-ym3bf

9 ай бұрын

Yes, we've seen it and are happy the UK is out. What's your point exactly? The EU like many on this globe is dealing with the effects of the aftermath of Covid and a war next door. Similar to the UK. The UK however has to deal with the more structural problem of no longer being part of a large bloc, both economical and political. So better ask "have you seen the state of the Uzk recently" and if you do, look past the "Germany is in a recession and we are not" superficial analysis.

@monstabitta

9 ай бұрын

The UK will dissolve anyways in the future. The country is already split between Brexiteers and Remainders.

@stephen25uk

9 ай бұрын

Yes, I live in the EU and frankly I feel it is in rude health, particularly given the pandemic & Ukraine etc. It at least is not falling to pieces around our ears, unlike the dis-United Kingdom

@maxharbig1167

9 ай бұрын

If the EU is in a bad state can you explain why, since 2015, sterling has dropped by 17% against the euro and 20% against the dollar while the euro is only down 4% against the dollar? Unless, of course, you think that bond investors that determine relative currency movements are all red ragger lefties propping up the euro.😀😀😀

@2aph0d_b33blebr0x

9 ай бұрын

You fail to mention the fact the the Euro dropped below par with the dollar, or does your 4% just measure it's performance since it was worth less than 1 dollar?@@maxharbig1167

Why do you people hate democracy ??? Oh I forgot you are European . Get over yourself we have gone

@kimwit1307

9 ай бұрын

And you are paying the economical and political price for it. Enjoy your sovereign tea!

@gordonfleming458

9 ай бұрын

@@kimwit1307 ok thanks dim wit

@kimwit1307

9 ай бұрын

@@gordonfleming458 no problem flem-something, I know the obvious needs to be spelled out to brexiteers.

@gordonfleming458

9 ай бұрын

@@kimwit1307 you meeeeen the winners dim witted

@kimwit1307

9 ай бұрын

@@gordonfleming458 aside from sovereign tea brexiteers have won nothing, gordon the dumbo