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If we vote for Brexit what happens

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Comments

  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Liam Fox, the international trade secretary, announced today that he is prepared to appoint a non-UK national as permanent secretary of his department, in what would be a rare move for Whitehall.

    In his first question-and-answer session in his new role, Mr Fox said he will conduct an open, international competition to find a new civil servant to lead the department, writes James Blitz.
    Mr Fox made clear, however, that he was not preparing to hire large number of external consultants to conduct UK trade negotiations.
    He said:
    We are not intending to create a standing army of bureaucrats that would be expensive to the taxpayer. We have a great deal of expertise inside Whitehall departments.

    http://www.ft.com/fastft/2016/09/08/liam-fox-could-appoint-non-uk-permanent-trade-secretary/
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    German growth expected to halve in 2017 as Brexit bites

    http://www.reuters.com/article/us-germany-economy-growth-idUSKCN11E19J
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    UK's post-Brexit rebound extends to housing and jobs in August

    http://www.reuters.com/article/britain-eu-economy-idUSU8N1A400I
  • Harper123 wrote: »
    I think I've had as much amusement as I can from this forum now. There's only so many times you can read the same post by the same person.I'm off to buy my next home and get on with my life.

    See you in a couple of years Crashy and co when it will be a bit like when you've just finished a book. You need to wait a while before you can enjoy reading the exact same thing again.

    Just in case anyone is wondering I have had an offer accepted on a house! After selling mine earlier in the year and spending these last few months renting I could not be happier! I can't wait to have my own home again and spend 50% of what I was paying in rent on my mortgage. Renting is bloomin expensive and quite frankly sucks! I can't say Brexit has made much difference to me price wise but it did make it more difficult to find a property as there was less coming on the market. I am however very happy with my house, my decision to keep looking after Brexit and the fact that my mortgage will be over £60,000 lower than when I bought my first house in 2013!

    Everyone keep doing what is right for you. No matter how many links to conflicting stories about house prices that people post :rotfl:
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    setmefree2 wrote: »
    (German growth expected to halve in 2017 as Brexit bites)
    And to think that all Germany has to do is start making cooperative noises about how it'll be when Brexit-EU deals are struck.
  • Also today, Germany and Lithuania have been talking about a "European Defense Union".
    https://www.neweurope.eu/article/germany-says-times-european-defense-union/

    Is NATO not good enough for Europe any more? ;)
  • jimbog
    jimbog Posts: 2,279 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I realised a long time ago that owing a bank a massive amount of money for accommodation is not the route to happiness.

    Better to pay a landlord indefinitely and end up with nothing afterwards is a far happier position to be in? And when you you retire there is still more rent to be paid :eek:
    Gather ye rosebuds while ye may
  • glasgowdan
    glasgowdan Posts: 2,968 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Why do some people think that mortgage = crippling debt? None of my close friends have got a max mortgage as far as I know. Most people with a mortgage are sensible and get something that's within their means.

    And we pay less than equivalent rents, meaning our lives are cheaper and we have more free cash than those who rent.
    And most of the cash we do pay is being banked rather than lost.

    It's quite simple really.

    I've just got my lovely new house, the mortgage payments are 50% what my rent has been for the past 5 months. We'll also be putting in lump sums and paying it off in 5-6 years. Then we've got an asset that'll pay for future care if needed, or can be traded in for a smaller one to free up money for retirement holidays and so on. The house is NEVER going to be worthless.
  • Cardew
    Cardew Posts: 29,064 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Without having to wade through 8,000 posts in this thread,
    my understanding on BREXIT is as follows.

    1. We are likely to trigger Article 50 sometime next year.

    2. The EU have ruled out any negotiations until Article 50 has been invoked.

    3. We have up to 2 years to after Article 50 to conclude negotiations.

    4. Some of the major 'players' in Europe are worried that GB's exit will have set a precedent, and they will oppose too many concessions.

    5. The USA, Canada and Australia have made it plain the GB can expect no favoured status re trade deals etc.

    Given the above is substantially correct, what can GB do if the EU play 'hard ball' after E50 is triggered. Say, hypothetically, the EU impose a huge levy for imports into the EU, what can we do? refuse to leave the EU;)

    I am aware that GB's retaliation will hurt some EU countries but they can 'spread the pain' if it means other countries won't follow GB's path.
  • What a depressing thread. I find it difficult to understand how educated people can delude themselves into believing that leaving the EU will be a good thing, and that we don't need access to the single market. It's as though facts don't matter anymore. I hope the UK remains part of the EEU, but that seems increasingly unlikely.

    I feel pretty screwed over by the baby boomers / Gen X.
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