Comments
afwriter
8/16/2016 1:16:08 AM User Rank Platinum
And Then?
I hate stories like this, and it also is a glaring reason for Brexit. Governing bodies feel the need to control everything we see and do and it gets a little ridiculous. This is equivalent to a seat belt law - you choosing to do something on the internet is possibly dangerous, but it is a decision that you can make for yourself. Instead, the gov't decides what you can and can't do and then finds a way to tax it.
clrmoney
8/16/2016 10:47:08 AM User Rank Platinum
EU
If there is competition I think the EU should just stay of it and let the best company who provides the best service be in the lead because they are be stricter with calling and messaging and we already dn't have any privacy so I think they need to ease off.
Ariella
8/16/2016 2:34:53 PM User Rank Author
Re: And Then?
@afwriter careful, someone will call you a Libertarian soon if you question government regulations and taxes. Certainly, the EU is much more inclined toward that kind of thing than what we have had in the US. But with companies serving global customers, they can't ignore regulations for their markets.
mpouraryan
8/16/2016 7:50:25 PM User Rank Platinum
Re: And Then?
Brexit so far is turning out to be a disaster in the making for the UK. Furthermore, frankly, such rules should be embraced --the fact that the FCC does the action as it does should be welcome to all.
mpouraryan
8/16/2016 7:52:28 PM User Rank Platinum
Re: And Then?
I want to remind all of what Adam Smith reminded us all: Even the so-called invisible hand has to receive "guidance". I understand it is not a "welcome" move by some, but the need to maintain a level playing field for all to flourish is something critical--I hope all agree.
Ariella
8/16/2016 8:23:11 PM User Rank Author
Re: And Then?
@mpouraryan I get the impression that Brexit takes all depend on how people wanted the vote to go. This picture is from http://www.topherfield.net/brexit-disaster-wasnt/ Check it out.
mpouraryan
8/16/2016 8:24:54 PM User Rank Platinum
Re: And Then?
...The reports from the UK today was not too encouraging..and that's putting it mildly--which means that the Brexit Sceptics were right.
Ariella
8/17/2016 9:48:59 AM User Rank Author
Re: And Then?
@mpouraryan which reports are you looking at? Even the Guardian (strongly left-leaning and opposed to Brexit) had to acknowledge this: https://www.theguardian.com/business/live/2016/aug/17/uk-jobless-claims-expected-to-rise-following-brexit-vote-business-live
Also in a piece entitled "Outlook brightens for UK household finances"
Households were less pessimistic about the outlook for their finances in August according to the latest survey from Markit.
It followed a slump in July as consumers were concerned about the impact the Brexit vote would have on disposable incomes.
Expectations for finances over the next 12 months picked up to 49.8 on Markit's household finances index in August, from 47.1 in July. Anything below 50 signals deterioration, so households are still feeling cautious.
The highest earners and private sector workers were the most confident about the outlook for their finances.
Jack Kennedy, senior economist at Markit:
The outlook for household finances stabilised in August after last month's wobble following the Brexit vote. Expectations regarding future finances improved to the highest for five months, while current finances remain under pressure but no more so than the trend seen over the past year-and-a-half.
Concerns seem to have eased in line with the removal of some of the immediate political uncertainty arising from the shock referendum result, combined with a strong monetary policy response from the Bank of England aimed to cushion the economy and head off any lurch towards recession.
mpouraryan
8/17/2016 11:06:00 PM User Rank Platinum
Re: And Then?
Apparently you misunderstood my comments--what I tried to underscore is that because of Brexit, things will be very challenging in the UK...and my comments were meant in this regard.
Ariella
8/18/2016 9:11:11 AM User Rank Author
Re: And Then?
@mpouraryan Other than figuring out what the trade agreements would be as a result of the change, do you anticipate other things becoming challenging?
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