Wall Street banks could desert Britain if the country decides to leave the European Union, senior figures in the industry have reportedly said.Some major institutions are believed to be already drawing up plans to move activities abroad amid concerns that the UK is drifting further away from the EU.Most US and Asian banks currently run their main European operations from the UK, which gives them a passport to provide services across the EU. But if the UK left the European Union, it is believed to be unlikely foreign banks based in London would carry on receiving the same rights.According to the Financial Times, US-based banks including Bank of America, Citigroup and Morgan Stanley are considering Ireland as a favourable alternative location for business currently conducted in London.
Dat title sounds like something that the gobshite salmond would spit out.._.Are you pro-eu or pro-exit?
I'm all about the Brexit.
Gaddamit.
Never been a fan of fearmongering in any way, nor do I back all of the EU's economic policies and workings, but I'm all in support of the EU.
I find myself sharing many of the ideals. A united and progressive Europe where each member state still has a voice and can retain its individuality. A union that strives for a growth in prosperity, standards of living and peace both domestic and abroad.I realize that my views and inspirations are probably different than most, but during my law studies I have come to appreciate the ECtHR and what it has done and can do for our society. And not just this particular court, but also the legislative organs. I'm willing to bet that I have extensively studied and read more EU regulations and directives than this entire forum put together. I have worked on deliverables for upcoming projects of the European Commission, and I can assure you that, by a lack of better words, this is good stuff that will help and protect a lot of people and stimulate progress.Now, I'm no fool. I am very much aware of the problems and criticism the EU faces, especially on an economic level. And I also realize that a lot of said criticism is valid and that the current system and some policies are far from perfect. But no system is flawless, and I do believe that many of the problems the EU faces can be overcome. The current execution is far from perfect, but I still fully believe in the EU and strongly support the union.
I thought you had a healthy dose of Euroscepticism yourself?
Over some issues, yes. But generally I'd like to see the United States of Europe someday >.>I quite like their technocratic approach to a lot of issues and whilst it might seem like pointless and silly meddling it generally has a point and purpose. Like outlawing certain lightbulbs, vacuum cleaners and setting green energy targets etc.I'm not of the mind that we should let the planet get run into the ground and then expect the free market to fix it for profit.
You could draw up a long list of disasters and problems caused by "technocrats".
Fuck a united states of Europe. Us Brits have earned our own federalised commonwealth.
And an equally, if not longer list of problems caused by politicians and statesmen can also be drawn up.Scientists and Economists > Politicians.
The Soviet scientists and economists did more damage than any politician could've possible hoped to have done. Although, I agree with the basic sentiment. I'm just not sure how far you want to take this technocratic ideal >.>
I'd take technocracy to the ends of the earth <.<Proper technocracy mind you, not just extended cronyism.Take the badger cull debacle, they ignore the advice of all the scientists and insist on shooting them to appease the fucking farmers. It makes it worse, they don't kill enough of them and ohohoho look at that, ignoring scientists led to what? A mess.._.Or Mental Health services, you have Psychiatrists and The royal college putting it as bluntly as they can that it's failing millions and they keep cutting it. Do they put more funding into it? Nope. Do they slash it's budget again and again? Of course they fucking do, they are tories.o.eThis is why I tend to avoid political discussion, because it usually ends up with me getting pissed off >.>
Problem is, which economists should be listened to more? Economics isn't an exact science and you'll find that a lot of highly educated and intelligent economists still disagree on many of today's issues.
More fearmongering from the pro-EU crowd
