The Brexit Thread

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Hamish McPanji said:
Like those awesome roaming fees. That was an excellent example of capitalist graft. Bring it back, I tell ya!
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because an agreement between multiple parties to cap fees at a certain point can only be done by a government that has absolute power over 28 previously independent countries

contracts and deals don't exist in the commercial world after all, only government has that power

eish, we got a live one here :D
 
NarrowBandFtw said:
because an agreement between multiple parties to cap fees at a certain point can only be done by a government that has absolute power over 28 previously independent countries

contracts and deals don't exist in the commercial world after all, only government has that power

eish, we got a live one here :D
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Ahhhh, Adam Smith's wet dreams of self correcting and efficient markets.

It's a well documented fact that capital consuming industries (so natural oligopolies) fiercely compete pricewise and never collude.

http://www.finfacts.ie/irishfinancenews/article_10004124.shtml

http://www.engineeringnews.co.za/article/construction-majors-fined-r146bn-for-collusion-2013-06-24
 
f2wohf said:
Ahhhh, Adam Smith's wet dreams of self correcting and efficient markets.

It's a well documented fact that capital consuming industries (so natural oligopolies) fiercely compete pricewise and never collude.

http://www.finfacts.ie/irishfinancenews/article_10004124.shtml

http://www.engineeringnews.co.za/article/construction-majors-fined-r146bn-for-collusion-2013-06-24
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Do you seriously not see the irony in using examples of government meddling to prove a point against capitalism?!?

Engineering companies colluded on government tenders, big surprise. Orange, like many large telecoms companies, is partly government owned.

Any actual free market examples?
 
Labour party is about to split - another great effect (if you are not a leftie) of Brexit. This happened most famously in the 1980s which gave the Tories an unprecedented 4 election victories on the trot. will just be watching the spectacular failure from the sidelines. I mean...there is already a so-called pro-EU centrist party called the Lib Dems...polling currently at a whopping 8%.

https://twitter.com/x/status/1097232859914555393
 
NarrowBandFtw said:
because an agreement between multiple parties to cap fees at a certain point can only be done by a government that has absolute power over 28 previously independent countries

contracts and deals don't exist in the commercial world after all, only government has that power

eish, we got a live one here :D
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In this case, yes. The fleecing of consumers was going on fully fledged and would have continued until they were compelled by the law to actually be reasonable. My 3gb of data and 500 minutes of calls cost me £10 for a month and I used it in UK , Spain and France.

Maybe you should get out more. You might actually realise that these companies are just in it for profits. The margins on these roaming fees were ridiculous until they were stopped
 
Hamish McPanji said:
In this case, yes
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You have no way of knowing what it would have looked like without government intervention. You know, intervention that caused monopolies to grow to the point where they have in the first place.

f2wohf said:
Laundry powder too?
https://www.theguardian.com/busines...r-and-gamble-price-fixing-european-commission
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Yip, see above, chemical companies operate in a heavily regulated industry that becomes a barrier to entry and in turn removes competition. Between that and the asinine single currency market which was also conjured by regulation we have the two main factors that made it possible to collude.
 
NarrowBandFtw said:
Yip, see above, chemical companies operate in a heavily regulated industry that becomes a barrier to entry and in turn removes competition. Between that and the asinine single currency market which was also conjured by regulation we have the two main factors that made it possible to collude.
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True, poorly controlled chemical companies did wonders in the past.

https://en.wikipedia.org/wiki/Bhopal_disaster
 
One side of youtube - without EU, it's the end of the world!
On the other side of youtube, without the EU it's total freedom and rainbows for everyone.
 
NarrowBandFtw said:
You have no way of knowing what it would have looked like without government intervention. You know, intervention that caused monopolies to grow to the point where they have in the first place.
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Of course I know. The same companies are operating the same crooked way in other regions. And we are not talking about small differences, but huge ones.
 
Hamish McPanji said:
Of course I know. The same companies are operating the same crooked way in other regions. And we are not talking about small differences, but huge ones.
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The same companies are government founded, owned or grew to their unmatched size because of government policies. So no you don't know what those companies would do without government intervention, because they would not exist in their current form had it not been for government intervention.
 
NarrowBandFtw said:
Fully private? A wholly owned subsidiary of the government founded Total?
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Let's refresh your memory.

1550492098282.png

Another fail yes, a saga that starts with a government owned oil company, another government playing a part in the eventual dumping and a third government resigning and taking responsibility.
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At this pace, if I paid VAT once in my life, you'll actually demonstrate me that I'm a spawn of the government. :ROFL:

Trafigura committed to dispose of it. From where it comes is totally irrelevant.

1550492590980.png
 
NarrowBandFtw said:
You merely proved my point, Total is, and forever will remain, government founded ...
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I will repeat myself:
At this pace, if I paid VAT once in my life, you'll actually demonstrate me that I'm a spawn of the government. :ROFL:

Do you realize that no government intervention means no companies since companies are a concept defined by commercial law and Companies Acts?

So a company cannot actually exist without being linked to a government.
 
Looks like another bit of Brexit “good news”.

Honda is expected to close its Swindon plant with the loss of 3,500 jobs, it emerged today.

The Japanese car manufacturer is expected to make the announcement on Tuesday amid uncertainty surrounding Brexit.

It is thought that the plant will close in 2022, but they are thought to be keeping their European headquarters in Bracknell.

The factory, which is Honda's only one in the EU, produces over 100,000 Civic models a year.
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https://www.standard.co.uk/news/uk/...on-plant-with-loss-of-3500-jobs-a4069736.html
 
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