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Brexit, The Economy and House Prices (Part 2)

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Comments

  • A short video for you.
    Featuring a German MEP who says - amongst other things - that "the UK, last country of common sense, is leaving EU".

  • Herzlos
    Herzlos Posts: 15,968 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I'm not in a position to watch a video, but this is Hans-Olaf Henkel, who seems to have been pretty keen to split up the EU for a while, to go to a split currency. Maybe that's sensible, I'm not sure.

    Is he representative of MEPs or German politicians? I've never heard of him.

    I'm not saying he's lying, but we need some context / background to know if he's on the reliable end of the scale, or if he's a German equivalent of Farage.

    Does he say anything that's not in this article? http://www.telegraph.co.uk/news/2017/07/19/eus-brexit-chiefs-want-punish-britain-stop-countries-leaving/
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    A Eurosceptic German MEP says some sceptical about the EU on RT, the Kremlin's propaganda outlet.

    *yawn*
    Don't blame me, I voted Remain.
  • Croatia are worried that their citizens will not be allowed an automatic right to live and work in the U.K. post-Brexit and as a result test the EU's supposed cohesion:
    The Croatian d!marche, for now limited to diplomatic conversations behind closed doors, is an early signal that specific priorities of individual countries are bound to emerge during the talks — possibly complicating, if not derailing, a deal on the U.K.’s orderly withdrawal. It also suggests that the vaunted cohesion shown so far by the 27 remaining members of the EU may not last.
    http://www.politico.eu/article/brexit-eu-unity-under-threat-from-croatia-workers-issue/
  • This just released:
    British manufacturing output increased at its fastest rate since the mid-1990s over the past three months, despite orders slowing in July, an industry survey showed on Tuesday.
    http://uk.reuters.com/article/uk-britain-economy-manufacturing-idUKKBN1AA14A
    Although export orders slowed in the three months to July, manufacturers' optimism about exports over the coming three months rose the highest in 40 years.
    "It's great to see the benefits from the decline in sterling for UK exporters feeding through," said Rain Newton-Smith, the CBI's chief economist.
  • Herzlos
    Herzlos Posts: 15,968 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I'm slightly worried about the idea of production increasing whilst orders slow. That runs the risk of a lot of idle stock. Or are they just keeping up with a slowing backlog?
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    If you've got an issue with Thai chicken just remember that the product that arrives in the EU meets EU standards and that the chicken Americans eat doesn't. Not by a long shot.
    ...

    Where did I state that I have an issue?

    I clearly said that I eat USA chicken when I'm over there. I don't stand up in the restaurant shouting about chlorination.

    So I'd be hypocritical to claim I have principle in the matter.

    As if chicken is some kind of veto issue over trade with the USA. I couldn't give a stuff. There are more important things.
  • Ah yes, inflation:
    Respite for shoppers as food inflation slows down
    http://www.telegraph.co.uk/business/2017/07/25/respite-shoppers-food-inflation-slows/


    Strange how the EU wants inflation to be 2% but when the UK's reaches such dizzy heights there are cries of panic. ;)
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Ah yes, inflation:

    http://www.telegraph.co.uk/business/2017/07/25/respite-shoppers-food-inflation-slows/


    Strange how the EU wants inflation to be 2% but when the UK's reaches such dizzy heights there are cries of panic. ;)

    A bit like yesterday when the IMF downgraded the UK growth forecast to just 0.1% below the forecast for Germany and still higher than France and Italy.
    The Guardian even referred to the UK as the sick man of Europe.
    Hyperbole rules!
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    Strange how the EU wants inflation to be 2% but when the UK's reaches such dizzy heights there are cries of panic. ;)

    Yes, because Greece where else are wages falling faster than anywhere else?
    Of course, Brexit and curb of immigration will fix it.
    EU expat working in London
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