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jaw
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Re: UK and the EU: In or out?

October 19th, 2017, 11:52 am

https://www.theguardian.com/commentisfree/2017/oct/19/no-deal-strategy-theresa-may-game-theory

"Brexit negotiations are complex but, at their core, they are exactly the same as any other negotiation in life. It is in the interests of both players – in this case the UK and the EU – to strike a deal. At the same time, each player has a different view on exactly which deal to strike."

"So, what does this mean for the UK’s negotiating team, led by David Davis, and its ability to convince their EU counterparts? To have material impact now, the UK must be seen to commit sufficient resources to a no-deal scenario such that the likely payoffs to the UK could imaginably be greater than payoffs from any deal the EU is currently considering. If the UK does this, a rational response from the EU would be to offer a deal that matches the payoffs to the UK in a no-deal world. A deal might then be struck."

The UK would indeed do well to prepare for the worst post March 2019. I would say the EU's main goal is to make Brexit as costly as possible for the UK, as a deterrent to other would-be leavers. If there is one thing to be learned from the way the Greek crisis was/is being handled, it is that, in situations like this, the EU does not do rational maximization of mutually beneficial payoffs. What it does do is try to make an example of those seen to undermine the union by not playing by the rules.
 
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Cuchulainn
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Re: UK and the EU: In or out?

October 19th, 2017, 3:40 pm

In fairness, Nigel is also feeling the pinch
[size=150][font=Indy Serif]He once claimed his EU salary and expenses were worth £250,000 a year. His wife is also on the Brussels payroll, earning more than £30,000 a year. But Ukip’s leader, Nigel Farage, has now claimed the couple are “poor”.
Mr Farage, who has been an MEP since 1999, initially described his role in the European Parliament as “a good job” after he was first elected. He claimed that if he had been working for Goldman Sachs he would need to earn £250,000 to match what the EU paid him because of taxation, secretarial allowances and “all the other games you could play”.
So with his own fiscal evaluation meaning he must have earned the equivalent of £3.75m over the past 15 years, his claim in a new Channel 4 documentary about the couple’s wealth – that “I don’t know anybody in politics as poor as we are” – is rather surprising.
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Paul
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Re: UK and the EU: In or out?

October 19th, 2017, 3:47 pm

Er, a person who has left a very high-paying job in order to free the UK from the EU shackles, and in the process he will lose this job as well. In other words, he hasn't been much influenced by the moral hazard to which all the pro-EU eurocrats have succumbed. You're following the money in the wrong direction!

 
 
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Cuchulainn
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Re: UK and the EU: In or out?

October 19th, 2017, 4:08 pm

From Wiki, I see he was a commodity trader in the 1980s. No idea if that was a boom time. I'll take your word for it that it was more than a EU salary.

Early 80s was recession big time all over Europe. House prices fell by 50% etc. etc.

In May 2009, [color=#0b0080]The Observer[/color] reported a Foreign Press Association speech given by Farage in which he had said that over his period as a Member of the European Parliament he had received a total of £2 million of taxpayers' money in staff, travel, and other expenses.
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Paul
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Re: UK and the EU: In or out?

October 19th, 2017, 6:09 pm

Farage has always talked about the outrageous salaries of EU eurocrats. Does Phil Hogan discuss his salary much?
 
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Cuchulainn
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Re: UK and the EU: In or out?

October 19th, 2017, 7:16 pm

Paul wrote:
Farage has always talked about the outrageous salaries of EU eurocrats. Does Phil Hogan discuss his salary much?

I don't know if PH mentions Nigel's salary.
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ppauper
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Re: UK and the EU: In or out?

October 19th, 2017, 7:35 pm

Cuchulainn wrote:
One of my Duke friends is a socialist  He wants everyone to have the same wage as him. He is adamant about it.


Duke University?
Or you know an actual duke?
 
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Cuchulainn
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Re: UK and the EU: In or out?

October 19th, 2017, 8:42 pm

ppauper wrote:
Cuchulainn wrote:
One of my Duke friends is a socialist  He wants everyone to have the same wage as him. He is adamant about it.


Duke University?
Or you know an actual duke?

The latter. You didn't expect my hob-nobbing? All Eton-educated!
You won't see me hanging around with hoi-polloi or Southbank liberals.
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Traden4Alpha
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Re: UK and the EU: In or out?

October 19th, 2017, 9:02 pm

ppauper wrote:
Cuchulainn wrote:
One of my Duke friends is a socialist  He wants everyone to have the same wage as him. He is adamant about it.


Duke University?
Or you know an actual duke?

Friends of John Wayne?
 
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list1
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Re: UK and the EU: In or out?

October 19th, 2017, 9:26 pm

Are there more similarities between UK out of EU and Catalonia out of Spain besides referendums and negative reactions from EU and Spain correspondingly?  
 
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ppauper
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Re: UK and the EU: In or out?

October 20th, 2017, 2:03 pm

 
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Cuchulainn
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Re: UK and the EU: In or out?

October 20th, 2017, 2:26 pm

list1 wrote:
Are there more similarities between UK out of EU and Catalonia out of Spain besides referendums and negative reactions from EU and Spain correspondingly?  

They all breathe the same air.
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list1
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Re: UK and the EU: In or out?

October 21st, 2017, 3:54 pm

whether these two initiatives will finished similarly?
 
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Cuchulainn
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Re: UK and the EU: In or out?

October 21st, 2017, 4:08 pm

list1 wrote:
whether these two initiatives will finished similarly?

Does it matter? One is madness of masses and the other is the madness of an elite.
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ppauper
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Re: UK and the EU: In or out?

October 21st, 2017, 5:08 pm

Cuchulainn wrote:
list1 wrote:
whether these two initiatives will finished similarly?

Does it matter? One is madness of masses and the other is the madness of an elite.

the elite being the EU and the masses being the spanish people?
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