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  1. #1
    Darkside Medic Senior Member rory_20_uk's Avatar
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    Default Re: UK Politics Thread

    Quote Originally Posted by Pannonian View Post
    Both Brexit and a Milnian government are equally detrimental to the UK's economy, in demonstrating how unstable and untrustworthy the UK is. Unless you are self sufficient, which no country in the world is or can be, with the possible exception of the US, then you need to trade for what you don't have, using currency that is essentially markers of your country's ability to provide goods and services. Both Brexit and a Milnian government are completely untrustworthy in this regard.
    Hardly.

    The ultimate question is: does the UK pay its debts? In Brexit, there would be an adverse affect on the UK economy. But the bills would still be being paid. In Corbyn's plans (as stated at least) he could be Nationalising companies at book value not traded value. And enforced selling of 10% of companies. In essence, stealing as National policy. Might the next step be capital controls? This is thought to be so likely that Labour has had to state they won't do it.

    So, both bad economically. But one is worse.

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  2. #2
    Headless Senior Member Pannonian's Avatar
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    Default Re: UK Politics Thread

    Quote Originally Posted by rory_20_uk View Post
    Hardly.

    The ultimate question is: does the UK pay its debts? In Brexit, there would be an adverse affect on the UK economy. But the bills would still be being paid. In Corbyn's plans (as stated at least) he could be Nationalising companies at book value not traded value. And enforced selling of 10% of companies. In essence, stealing as National policy. Might the next step be capital controls? This is thought to be so likely that Labour has had to state they won't do it.

    So, both bad economically. But one is worse.

    Corbyn's manifesto economics are actually less radical than that now espoused by those implementing Brexit. However, we both know that he isn't limited to that. The difference is that I recognise the consequences of what he has in store, and reject it, whereas you still support Brexit despite its indisputably dire effects on the economy. You offer up sovereignty arguments, but why are Corbyn's sovereignty arguments invalid whereas yours are valid?

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