tag:blogger.com,1999:blog-32841798.post5123533812948856699..comments2024-03-29T13:32:22.201+00:00Comments on Capitalists@Work: Where should you flee Brexit too if you are a Capitalist Corporation?CityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-32841798.post-20260490989184866512017-02-24T09:40:21.016+00:002017-02-24T09:40:21.016+00:00"Your kids would have to learn German in scho..."Your kids would have to learn German in school."<br /><br />German in school havingtolearn not a bad thing is.deariemenoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-27786816392504569482017-02-24T06:57:55.056+00:002017-02-24T06:57:55.056+00:00CU the Germans must be doing something right in th...CU the Germans must be doing something right in the labour market, as their unemployment level is half France's. I expect the food is improving rapidly as well.Blue Eyeshttps://www.blogger.com/profile/16556174219724957585noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-36392340584936591002017-02-23T20:44:40.360+00:002017-02-23T20:44:40.360+00:00On eastern Europe.
I can understand why they wou...On eastern Europe. <br /><br />I can understand why they would want to carry on exporting their unemployed. So they veto. What's the UK's response to that? <br /><br />No welfare for any of their nationals already here. The end result is that the poorer one's leave of their own accord, and end up unemployed back in Europe. <br /><br />Do these countries really want that? Have they thought it through. Lord Blaggerhttps://www.blogger.com/profile/06783119146180259097noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-36182977101444766532017-02-23T17:23:10.284+00:002017-02-23T17:23:10.284+00:00
Reading this it almost seems like you expect fina...<br />Reading this it almost seems like you expect financial firms to move TO the UK post brexit.andrewhttps://www.blogger.com/profile/07311993288675111834noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-4961956546197705502017-02-23T16:25:55.973+00:002017-02-23T16:25:55.973+00:00a good transparent legal system: that rules out Fr...<i>a good transparent legal system: that rules out France, Italy, Spain</i><br /><br />I was abt to say something similar on Germany, CU<br /><br />Feel sure I have told this story before but here goes again: did a big software sale in DE, very robust contract using good German law firm, halfway through implementation the client was taken over, no longer needed the system, so unilaterally tore up the contract <br /><br />we said 'not so fast, matey, we have a sound contract', to which they replied, 'see you in court, and by the way there is no way on earth you as a foreign company will get the judgement in this city'<br /><br />so we went to our lawyers who shrugged and said, 'what do you expect?'<br /><br />and that's Germany for youNick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-41586325933024392732017-02-23T14:55:19.861+00:002017-02-23T14:55:19.861+00:00BE - don't be silly, Labour laws in Germany ar...BE - don't be silly, Labour laws in Germany are akin to France. The food in German is also nearly as bad as France, albeit not that terrible. Your kids would have to learn German in school. Nein. CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-11269091678392309722017-02-23T14:53:47.881+00:002017-02-23T14:53:47.881+00:00Our advice - which we've shared with HMT - is ...Our advice - which we've shared with HMT - is Article 50 is QMV. So, if the rest of the EU want a deal, then Lux/Malta (or Wallonia) can't veto.<br /><br />I'm not so sure from the discussions we've had that Lux would veto anyway - there's not enough real estate for people to live there - they'd all end up living in higher tax France, Belgium or Germany. Nor is there office space. Better for Lux to do a side deal with UK.tolkeinhttps://www.blogger.com/profile/08322788161398430426noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-109226091160784622017-02-23T14:53:41.924+00:002017-02-23T14:53:41.924+00:00Echoing Anon @2:23, English isn't much of an i...Echoing Anon @2:23, English isn't much of an issue in Iceland. Everyone under 30 is fluent in it, usually moreso than a lot of actual Brits are, and of those over 30 most are capable of understanding.<br /><br />One of the spots I'm actually considering moving to after seeing the place in every season but summer. A very nice work/life balance, a love of the new and pretty pragmatic. If you've something good to sell, they'll buy in their droves!<br /><br />The banks may not appreciate moving there, but many a business would benefit from the cheap and plentiful geothermal energy, although that is pretty much the only thing that is cheap. Anything water intensive, well they've water galore!<br /><br />It's not a replacement for London, but for some businesses it'd be worth looking at. The east coast of the US isn't that far, and neither is Europe.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-83455502628882059092017-02-23T14:23:17.199+00:002017-02-23T14:23:17.199+00:00Everyone in Iceland speaks English well, but it...Everyone in Iceland speaks English well, but it's not in the EU (a Norway-like arrangement) and now has no intention to be. But ... four hours daylight in December/Jan, "interesting" weather even to a Brit - you can die of exposure in the National Parks in July, the wind and black lava sand can strip the paint off cars, no trees to speak of and no word for 'please'.<br /><br />Oslo would be just as suitable and a lot nearer to everywhere else, plus a very pretty city and you can tan on the island beaches in summer. Londoners would feel at home, East Oslo is just like Brick Lane.<br /><br />On the other hand you can play golf (Icelanders are big on that) at 10.30 at night in summer.<br /><br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-47710570590594304722017-02-23T13:08:40.324+00:002017-02-23T13:08:40.324+00:00The terms of departure are QMV but any ongoing rel...The terms of departure are QMV but any ongoing relationship would require a treaty so the Walloons would have a veto.<br /><br />So we need a big country with the potential resources to support big banks: that means Germany, France, Italy, Spain, Italy and maybe the Netherlands and Sweden.<br /><br />We need a good transparent legal system: that rules out France, Italy, Spain.<br /><br />We need labour flexibility: Germany, the Netherlands and Sweden probably are all just about acceptable.<br /><br />We need a sensible tax regume: that rules the remaining three out.<br /><br />So the least worst is probably Germany. And Germany is the least likely to fall when the Euro system collapses. But how keen really are banks to move to Frankfurt or Berlin? Singapore or New York seem more likely.<br /><br />SL, are you suggesting that the UK provides demand as well as supply? Report immediately to Guardian HQ for re-education!!Blue Eyeshttps://www.blogger.com/profile/16556174219724957585noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-32757226290471848532017-02-23T13:08:05.698+00:002017-02-23T13:08:05.698+00:00SL - that is back the other way re passporting and...SL - that is back the other way re passporting and being offshore<br /><br />Yes - QMV does matter, but the point for me is that the recalcitrant leaders will be Lux and Malta, who will help France under Macron and others who will lose out (Portugal for funding and Eastern Europe for population exports). only around 8 countries needed to block and these tiny principalities make up a quarter of the number already when their EU economic impact is less than 1%.CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-7876595931829517112017-02-23T12:39:37.220+00:002017-02-23T12:39:37.220+00:00I fully expect to see Luxembourg and Malta veto an...<i>I fully expect to see Luxembourg and Malta veto any moves towards allowing UK passporting or other deals with the EU</i><br /><br />Aren't the terms of any agreement under Article 50 subject to qualified majority voting?<br /><br />And don't the dodgy bookmakers and investment firms domiciled in Malta and Luxembourg make a fair wedge of their cash off gullible UK punters? So why would they want to lose passporting etc?Steven_Lhttps://www.blogger.com/profile/05029437876479574883noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-33399222152943397422017-02-23T12:28:19.579+00:002017-02-23T12:28:19.579+00:00For how long though will the EU put up with Luxemb...For how long though will the EU put up with Luxembourg offering its companies and UK companies a no-tax jurisdiction within the heart of the continent?<br /><br />Qute a while I suspect - after all the EU needs it's own Delaware ...<br /><br />hovisnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-32308499096322228312017-02-23T11:17:36.139+00:002017-02-23T11:17:36.139+00:00They will push for hard Brexit all the way as for ...They will push for hard Brexit all the way as for them it is a one-way bet.<br />================<br /><br />Then when the UK says, we go tax haven, banking secrecy for EU investors into the UK, they discover that its not quite as rosy as they thought. Lord Blaggerhttps://www.blogger.com/profile/06783119146180259097noreply@blogger.com