If we vote for Brexit what happens

ukcarper

Crashy_Time wrote: »

So we can conclude that the thread bores you, but you don`t like the fact that it exists and that there are articles and anecdotes out there that support the notion that the property market is "weakening"?

No what amuses me is that you scour the media for any article that may support your view and ignore any facts that don't. Also that you in particular seem to be hoping for a financial disaster which would ruin the lives of most people in the country.

gadgetmind

CLAPTON wrote: »

no, I didn't post that ...

Apologies.

stupid question; and you know it.

Why?

I directly employ engineers etc. in China, manufacture goods there, import from there and export to there. Same for the USA. I also manufacture small volumes in the UK. I employ people across four continents. I export to USA, many EU countries, China, Russia, India, Israel, Taiwan, Korea, and many other countries.

If people choose to lecture or question me on import, export, manufacturing and engineering, isn't it reasonable that I enquire as to whether they actually know what they are on about?

CLAPTON

gadgetmind wrote: »

Apologies.



Why?

I directly employ engineers etc. in China, manufacture goods there, import from there and export to there. Same for the USA. I also manufacture small volumes in the UK. I employ people across four continents. I export to USA, many EU countries, China, Russia, India, Israel, Taiwan, Korea, and many other countries.

If people choose to lecture or question me on import, export, manufacturing and engineering, isn't it reasonable that I enquire as to whether they actually know what they are on about?

anecdotal info is very in interesting but it is not data from which one can form judgement : otherwise cells would be the foremost international authority on absolutely every subject

gadgetmind

CLAPTON wrote: »

it is not data from which one can form judgement

So, when it comes to a complex subject, where one person has been tackling it very successfully for over three decades, whereas others have never done it at all, you wouldn't weight their inputs accordingly?

foremost international authority on absolutely every subject

That would clearly be impossible, but were they (say) an experienced urologist I wouldn't take the p--- by not treating their views on bladder infection more seriously than someone who's sat in an armchair using google.

CLAPTON

gadgetmind wrote: »

So, when it comes to a complex subject, where one person has been tackling it very successfully for over three decades, whereas others have never done it at all, you wouldn't weight their inputs accordingly?

That would clearly be impossible, but were they (say) an experienced urologist I wouldn't take the p--- by not treating their views on bladder infection more seriously than someone who's sat in an armchair using google.

you have exposure to less that .00001% world wide transactions and I would guess they exclude about 99.999% of all products and services traded.

I would happily give you a higher weighting to your view within the limited sector in line the the above mentioned weighting.
Personally I would prefer real data.

System

ukcarper wrote: »

No what amuses me is that you scour the media for any article that may support your view and ignore any facts that don't. Also that you in particular seem to be hoping for a financial disaster which would ruin the lives of most people in the country.

Please can you quote some facts??? The fact that the younger generation is getting screwed over.....

There will be a future financial disaster created by greedy. The greedy will ruin the lives of most people in the country. It's not all about home owners, think about the renters!

gadgetmind

CLAPTON wrote: »

you have exposure to less that .00001% world wide transactions

I'm sure you could work out what a small percentage of the world's human bladders a urologist has treated, but I'd still value their views above those of someone with very limited knowledge but who's still keen to make their views known.

Personally I would prefer real data.

Fine, go off and find more experts, but I suggest you maybe try actually listening to them rather than repeatedly telling them that they are wrong.

Oh sorry, silly me, I forgot that people are fed up of experts!

Filo25

I would certainly expect a post-Brexit correction, although I'm becoming less bearish on how significant that will be.

Ultimately the legacy of Brexit appears to be even more lax monetary policy which will be hugely supportive for housing, low rates really are looking like the new normal for the forseeable future.

Of course government housing and fiscal policy will be important for the future direction for the housing market, and it will be interesting to see if Theresa May follows through on her words in any meaningful way. Personally I have my doubts, albeit for purely cynical reasons, property owners largely vote Tory and and property owners do not like house price crashes.

setmefree2

mwpt wrote: »

I can recommend many countries with very weak currencies. We should emulate them, because apparently a falling currency is great news.

It is for many companies - which is why the FTSE is so high.

Clearly, not for you though - which I guess is why you are so grumpy

and mayonnaise aka as Dithering Dad/ Sloppy Saver - who I seem to recall works for SAP - explains why he is grumpy too.

Filo25

mrlegend123 wrote: »

Please can you quote some facts??? The fact that the younger generation is getting screwed over.....

There will be a future financial disaster created by greedy. The greedy will ruin the lives of most people in the country. It's not all about home owners, think about the renters!

If the younger generation are fed up with the current economic order, maybe they could try something radical and actually try voting in significant numbers for a change