Brexit, The Economy and House Prices (Part 2)

Arklight

kabayiri wrote: »

You illustrate perfectly why the right of centre conservatives have been enjoying a renaissance both in Europe and the USA.

Any counter position to the educated; lefty; softy; liberal position is painted as stupid, uneducated, and lacking any respect.

You do realize that it sounds like you are talking down to people. A condescending attitude will result in a backlash.

I understand why James OB does it. He's a shock jock, and lines up people to argue with. But it's just a job. He gets paid. Someday he will be gone and they will need another rentagob.

See it for what it is. It's like a self indulgent Farage show without beer and humour.

Really, which parts of Europe? Because in France the the Alt Right Conservatives just got their a$es handed to them. They're going to get their a$ses handed to them in Germany in September and they got their a$4es handed to them here. Not only that but what's left of the Tory government will not last a year and the British right is going to get Jeremy Corbyn as Prime Minister.


They can kiss goodbye to the heartless isolated Brexit they were so excited about too.


Frankly, the only way I can imagine people to be non cognisant of what a complete dead end their views are with all this going on is if they are really, really, thick.

kabayiri

Arklight wrote: »

Really, which parts of Europe? Because in France the the Alt Right Conservatives just got their a$es handed to them. They're going to get their a$ses handed to them in Germany in September and they got their a$4es handed to them here. Not only that but what's left of the Tory government will not last a year and the British right is going to get Jeremy Corbyn as Prime Minister.

...

Ha. The French system == gang up to keep that other lot out.

Try mood in Denmark, or Sweden. Go and talk to people who still work in Poland. The fall out from the German handling of the refugee crisis will haunt the region for decades to come.

People in Poland believe they are defending Christianity now.

Corbyn would actually be good for the corporates and seriously wealthy, in that he will be desperate for money to finance his unhinged schemes.

When he is kicked out of power the right will have even more to play with from the discontent.

I'm glad to see the blinkers are still on

kabayiri

ilovehouses wrote: »

Not everyone you disagree with is lying or trying to fool you in some way.

What's new is the potential introduction of British standards. i.e. another set of standards. More cost, more complexity and, in many ways, a complete duplication of something we currently share the costs of with 27 other countries. The alternative pragmatic solution has associated political difficulties.
...

In the software world, it is the emergence of open standards and protocols which has really changed things, and made development cheaper and more global.

I can easily validate W3C compliance from any work coming back from India, for example.

I do think global open standards are the way forward.

setmefree2

I've been thinking about the housing market and my lads who are 21 and 23.

Assuming Brexit works and immigration is lowered ....

And given that the baby boomers (the first of whom were born in 1946) are turning 71.....

UK Demographics 2016

Age structure: 0-14 years: 17.44% (male 5,761,311/female 5,476,649)
15-24 years: 12.15% (male 3,997,150/female 3,830,268)
25-54 years: 40.74% (male 13,367,242/female 12,883,674)
55-64 years: 11.77% (male 3,760,020/female 3,820,525)
65 years and over: 17.9% (male 5,170,542/female 6,363,047) (2016 est.)

http://www.indexmundi.com/united_kingdom/age_structure.html


Do you think starting in about 10 years there will be a surge in supply of houses as boomers die or down size? Given that now 18% are over 65 and a further 12% are 55 plus.

Life expectancy for a man is currently 79 and 82 for a woman.

kabayiri

setmefree2 wrote: »

....
Do you think starting in about 10 years there will be a surge in supply of houses as boomers die or down size? Given that now 18% are over 65 and a further 12% are 55 plus.

Life expectancy for a man is currently 79 and 82 for a woman.

..or multi-generational mortgages and reinterpretation of lifetime costs?

The old lady we bought from actually died on the day she was due to move out and down size. Very sad, but I suppose she was both.

andrewf75

ilovehouses wrote: »

In which case maybe we can lower import standards. I wouldn't but if that's the will of the people it's up to them. Chinese produced baby milk is cheap.

It's always been cheaper (depending how you value your time) to process your own food but I can't see people's attitudes will be affected by Brexit.

Attitudes will be affected by Brexit because with less money in peoples pockets the less they are going to care about where their food comes from.
We will lower standards because it is one way of compensating for things becoming more expensive for the consumer. Will of the people or not, I think its very sad because its a race to the bottom and the complete opposite to what we should be doing, paying a bit more for better quality and less waste.

A_Medium_Size_Jock

ilovehouses wrote: »

Not everyone you disagree with is lying or trying to fool you in some way.
I have never said they are but there are exceptions, see below.


What's new is the potential introduction of British standards. i.e. another set of standards. More cost, more complexity and, in many ways, a complete duplication of something we currently share the costs of with 27 other countries. The alternative pragmatic solution has associated political difficulties.
Key word "potential". Not "will" then but as in "maybe", perhaps" and "possible". So not "what is new" then but what might be new.

If I were arguing that exports couldn't continue in this circumstance then you could point to the fact that we already export to third countries and your point would be proven.
You suggested as much so I already did.

However I'm not and you haven't.
Ah but you did and I have, see below.

In response to the latter, the former being responded to above highlighted in red.
"If I were arguing that exports couldn't continue in this circumstance..."

ilovehouses wrote: »

The pragmatic solution comes with political difficulties; one is that UK competent authorities would still be subject to EU inspections to ensure they remain competent to declare factories/ products meet EU standards. The second difficulty is dealing with the fact that standards would still be dictated by the EU with reduced, at best, input.

"... you could point to the fact that we already export to third countries and your point would be proven."

A_Medium_Size_Jock wrote: »

Do the cars we export not need to meet the standards applicable to the country they are being exported to?
Do the pharmaceuticals not similarly need to comply?
................................
... because we already continually adjust products to meet the standards for whatever we export.

Seems clear enough to me that you did in fact suggest potential difficulties in future and your argument was rebutted.
Now will I see further obfuscation?

Conrad

UK unemployment rate falls to 42-year low


Wages up 1.8% excluding all those undeclared cash earnings of course



http://www.news.com.au/finance/business/breaking-news/uk-unemployment-rate-falls-to-42year-low/news-story/f37508ae02758d3e0318ffb296acee4a

Herzlos

Conrad wrote: »

UK unemployment rate falls to 42-year low


Wages up 1.8% excluding all those undeclared cash earnings of course



http://www.news.com.au/finance/business/breaking-news/uk-unemployment-rate-falls-to-42year-low/news-story/f37508ae02758d3e0318ffb296acee4a

That's good news on the face of it. I wonder if that means there's 64,000 more in full time roles, or if that's split between part time / zero hour / education / work schemes / leaving the workforce?

The articles pretty light on detail.

Conrad

andrewf75 wrote: »

I think its very sad because its a race to the bottom

Backing for post-Brexit Britain from Qatari investment fund and Siemens

http://www.telegraph.co.uk/business/2017/03/27/backing-post-brexit-britain-qatari-investment-fund-siemens/


McLaren, the supercar maker, moving production of carbon fibre chassis from Austria to the UK.

https://www.ft.com/content/03ae9358-edf5-11e6-930f-061b01e23655?mhq5j=e3


Toyota is to invest £240m into modernings its car plant in Derbyshire in a major boost for the automotive industry after Britain’s vote to leave the EU.

https://www.theguardian.com/business/2017/mar/16/toyota-brexit-derbyshire-plant-burnaston-uk


Google's opening a huge new tech hub in London for training the UK in digital skills

http://www.cityam.com/266478/googles-opening-huge-new-tech-hub-london-training-uk

Jaguar-Landover (10,000 new jobs)
http://www.coventrytelegraph.net/news/coventry-news/jaguar-land-rover-announce-thousands-13202663

McDonald’s moves international HQ from Brussels to UK.
http://www.independent.co.uk/news/business/news/mcdonald-s-moves-non-us-base-to-uk-after-run-in-with-eu-tax-regulators-a7464106.html


Rolls-Royce vows to protect 7,000 jobs with £150m investment
https://www.theguardian.com/business/2017/jun/29/rolls-royce-jobs-investment-unions-uk-brexit