Brexit, The Economy and House Prices (Part 2)

Thrugelmir

john22 wrote: »

The EU was set up to try prevent anymore wars in Europe but we now risk as the years pass people forgetting the horrors of the past and countries will become more nationalistic and isolationist. Irony is the UK and USA are going down that slippery slope first :rotfl:

When did the USA and the UK last start a war?

A_Medium_Size_Jock

gfplux wrote: »

Politico do a round up of the topics discussed which is sent out on Sunday evening.I will check it when it arrives.

Strange how choosy you are when using Politico.

For example you have not mentioned their report on Turkey and EU accession:

Turkey to the EU: Let’s talk membership

The accession process is the backbone of Ankara’s relations with Brussels.

http://www.politico.eu/article/turkey-to-the-eu-lets-talk-membership/

Or how about EU import quotas post-Brexit, since we have seen you obsess over lamb and dairy products?

“It’s a question of whether the Brits want to cooperate or if they want to go their own way,” said a diplomatic official at Thursday’s meaning.
Should the U.K. refuse to take on its share of EU quota, it could potentially result in the EU being sued inside the WTO. Even if the U.K. does agree to take its share of the quotas post-Brexit, exporter countries might object because the arrangement is less flexible than currently.

http://www.politico.eu/article/hold-the-butter-eus-import-quota-conundrum/

Ballard

Thrugelmir wrote: »

When did the USA and the UK last start a war?

Off the top of my head the US were heavily involved in Korea, Vietnam, Granada & Panama. More recently we've had Afghanistan, Iran, Iraq & Libya. There's every chance that it'll kick off in North Korea but hopefully not.

padington

Thrugelmir wrote: »

When did the USA and the UK last start a war?

In 1992 there were 26 was or skirmishes around the the world and America was involved in 24 of them.

I was told this from my friend in the American special forces.

A_Medium_Size_Jock

john22 wrote: »

I didn't say anything about USA or UK starting wars. The EU was created because of two world wars on the continent. It was in the interests of the USA and UK and other countries to try and put in place something that would help avoid it happening again. So irony is the two countries who had a lot to gain from Europe being more intertwined are becoming more nationalistic and isolationist.

On the contrary the UK at least is certainly not becoming isolationist but outward-looking; the EU are the ones widely acknowledged to be protectionist which in turn could be said to be isolationist.
The UK wants to trade with to world, free from EU bureaucracy and protectionism.

As for nationalist, hardly a surprise reaction to the EU's increasing belligerence since Cameron's farcical tour of Europe which was akin to a certain famous scene from "Oliver" where a boy asks politely for more.

And it is not just a few pro-Brexit UK folk or politicians saying that either, but some eminent Europeans themselves - or did you miss the post yesterday from Markus Krall (post # 1414) as being just one example?
This protectionism has been realised for years too, for example with this report from 2002: http://www.telegraph.co.uk/finance/2759451/EU-is-most-protectionist-trade-bloc-in-the-world.html


It strikes me that those EU politicos calling the US protectionist are doing no more than putting up a smoke screen in a doomed attempt to cover their own failings, just as Merkel has been doing recently in calling for increased free trade.
Free, fair trade?
Hmm, at the same time that EU vehemence is so evident regarding trade with a country wanting to leave?

The USA I will not say much about since this is a Brexit thread, other than to suggest that wanting fair trade is neither nationalist nor protectionist.
Allowing subsidized imports to the detriment of your own industry is never going to end well as the UK now knows from our past, resulting in no mass clothing manufacture; no mass shipbuilding; no mass aerospace; etc. etc. etc.

Mr. Acosta said certain measures could “un-level” that balance, without providing specifics. “What the administration wants to make sure is that in that process the American worker is not hurt,” Mr. Acosta explained, voicing Mr. Trump’s campaign mantra of ‘America First.’ “And that is not protectionism. That is a country saying we have an obligation to our own individuals that when trading with other partners, trade is on a fair and legal basis.”

https://global.handelsblatt.com/politics/fair-trade-is-not-protectionism-us-labor-secretary-says-768534

It really does look increasingly obvious that those escalating nationalism and protectionism are the EU themselves; not necessarily individual member countries but certainly the EU as the behemoth of bureaucracy which it has become.

A_Medium_Size_Jock

john22 wrote: »

Well whatever happens we will have to deal with it as a nation. I just hope when we leave that the leavers won't keep blaming other countries for anything thats not going well in this country. :rotfl:

I'm certain that there are enough pro-remain enthusiasts to remind everybody should that ever happen if these forums are anything to judge by.
Though I wonder what will be said when anything does go well post-Brexit?

Thrugelmir

john22 wrote: »

Well I'm sure like night follows day both sides will cheery pick good and bad things to push their own agenda and we will continue to have politicians who only look at the short term to serve their own selfishness. :rotfl:

Seems as much. Nothing unexpected in this. The EU relation between member states seems actually to count for little.

City envoy says France wants 'disruptive' Brexit

http://www.bbc.co.uk/news/business-40625678

Did wonder how long before the veneer would be pulled away. To reveal true feelings. Nationalism rules.

mayonnaise

Thrugelmir wrote: »

Seems as much. Nothing unexpected in this. The EU relation between member states seems actually to count for little.

http://www.bbc.co.uk/news/business-40625678

Did wonder how long before the veneer would be pulled away. To reveal true feelings. Nationalism rules.

Vying to attract business in which the UK has no interest in anymore is not nationalism. It's just plain common sense.

Macron must be counting his lucky stars. As soon as he embarks on a program of economic, social and tax reform, the Brits are willing to throw tens of thousands of fin serv jobs his way.

cogito

mayonnaise wrote: »

Vying to attract business in which the UK has no interest in anymore is not nationalism. It's just plain common sense.

Macron must be counting his lucky stars. As soon as he embarks on a program of economic, social and tax reform, the Brits are willing to throw tens of thousands of fin serv jobs his way.

As soon as Macron embarks on his program, the French will be rioting in the streets protesting against the very things they voted for.

gfplux

Thrugelmir wrote: »

Seems as much. Nothing unexpected in this. The EU relation between member states seems actually to count for little.

City envoy says France wants 'disruptive' Brexit

http://www.bbc.co.uk/news/business-40625678

Did wonder how long before the veneer would be pulled away. To reveal true feelings. Nationalism rules.

While Britain was a MEMBER of the EU they and the 27 were partners. Now Britain is leaving Britain is now a Competitor.