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    Europe could still rule the City after Brexit.

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    papa_umau
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    Europe could still rule the City after Brexit.

    Post by papa_umau on Mon 24 Apr 2017, 10:55 am

    Europe’s highest court could still rule the City years after Brexit under plans being considered by the government in order to win a wider agreement on access to the single market.

    The European Court of Justice could have ultimate jurisdiction for three to five years after Brexit and possibly longer in financial disputes, despite the fact Theresa May has said that ending its role over UK affairs was a “red line”.

    Read this from Digitallook HERE




    Here we go then: How many more concessions are we going to have to give before we finally get out of Europe ?

    I am sure that this particular rip-off is just the start.


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    zathrus
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    Re: Europe could still rule the City after Brexit.

    Post by zathrus on Thu 27 Apr 2017, 12:10 pm

    "The City", as it is called, has a whole set of rules that stands them off from normal government rules and regulations.

    These bankers and traders and investors and money-handlers are a law unto themselves.

    No wonder Jesus threw the money-lenders out of the temple.
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    papa_umau
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    Re: Europe could still rule the City after Brexit.

    Post by papa_umau on Fri 28 Apr 2017, 11:09 am

    I like that one Zathrus, about the moneylenders.

    I do agree, nevertheless, that there is some kind of alchemy connected to the dealing with currency around the world.

    I have been a staunch supporter of The Robin Hood Tax for many years, as that tax would only take tiny amounts of money from all of the electronic transfers around the world but it would add up to billions of pounds so that the rich can help the poor.


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    Angie baby
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    Re: Europe could still rule the City after Brexit.

    Post by Angie baby on Sat 29 Apr 2017, 11:21 am

    What a great idea.

    I think I remember reading something about that a few years ago, so why has it not actually happened ?
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    papa_umau
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    Re: Europe could still rule the City after Brexit.

    Post by papa_umau on Sun 30 Apr 2017, 11:35 am

    Before The Robin Hood Tax could be implemented every country would have to agree to do it.

    Without a world agreement any such electronic money-trading tax would not work.


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