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Brexit, The Economy and House Prices (Part 2)

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Comments

  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Here...



    The issue you have about conditions is implicit.

    Implicit b*ll**ks.

    I said people don't care, and the majority don't.

    They buy on price.
  • A German senior economist warns that German key industrial supply chains are at risk of disruption as a result of Brexit and that this will drive up German prices:
    "German industry would be hit without a free trade agreement," stressed Busch.
    Translated version:
    https://translate.google.co.uk/translate?hl=en&sl=de&u=http://derstandard.at/2000061752415/Brexit-kann-deutsche-Lieferketten-sprengen&prev=search

    Wenn Sie Deutsch sprechen: http://derstandard.at/2000061752415/Brexit-kann-deutsche-Lieferketten-sprengen
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    A German senior economist warns that German key industrial supply chains are at risk of disruption as a result of Brexit and that this will drive up German prices:

    Translated version:
    https://translate.google.co.uk/translate?hl=en&sl=de&u=http://derstandard.at/2000061752415/Brexit-kann-deutsche-Lieferketten-sprengen&prev=search

    Wenn Sie Deutsch sprechen: http://derstandard.at/2000061752415/Brexit-kann-deutsche-Lieferketten-sprengen

    What about when senior economists warn that Brexit is not such a good idea? Do you believe them then?
    EU expat working in London
  • Here's another report some of you probably won't like:
    Amazon has had no problem hiring staff in Britain and plans an extra 450 high tech jobs, its UK boss said, despite the uncertain status of non-British European Union nationals.
    The 450 new high tech jobs are in addition to the 5,000 full time UK jobs Amazon has pledged to create this year that would take its British workforce to 24,000 permanent employees, from more than 22,000 at present.
    http://uk.reuters.com/article/uk-britain-eu-amazon-idUKKBN1AA191?il=0
    What about when senior economists warn that Brexit is not such a good idea? Do you believe them then?
    Ah you must mean like you believe pro-Brexit reports from economists like these as opposed to your own pro-EU stance?
    Pot.
    Kettle.
    Now how about debating the content rather than the poster?
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 25 July 2017 at 1:51PM
    Time to pass around the hemlock for some on here. BMW announces the electric Mini will built at Cowley.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    edited 25 July 2017 at 1:56PM
    vivatifosi wrote: »
    How has the EU adapted to the financial crisis in Greece?
    How has the EU adapted to the migrant crisis in the Med?

    If you are talking only about companies, then it is hard for them to adapt until they know what Brexit will look like. All they can do is contingency plan.

    Perfectly correct. However business has never been about certainty so those contingency plans are turning into fact.
    So nimble Company's have to plan for the worst. Then implement what they can by double guessing what will happen.
    With choppy water ahead that means minimising investment in an area in jeopardy, freeze hiring. Expanding investment in an area not under threat and hiring people.
    These small changes will have been going on for some time and will increase in tempo as they get closer to March 2019.

    When a major company/employer says "they might, they may, they could" do something you can bet your last devalued pound "something" has actually happened. Somebody has been hired or not. Money has been invested or not.
    There will be no Brexit dividend for Britain.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker




    Final salary pensions have been culled across industry for years and in Germany too where lots of redundancies have been recently announced.


    Good to see further investment in UK by BMW.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    gfplux wrote: »
    Perfectly correct. However business has never been about certainty so those contingency plans are turning into fact.
    So nimble Company's have to plan for the worst. Then implement what they can by double guessing what will happen.
    With choppy water ahead that means minimising investment in an area in jeopardy, freeze hiring. Expanding investment in an area not under threat and hiring people.
    These small changes will have been going on for some time and will increase in tempo as they get closer to March 2019.

    When a major company/employer says "they might, they may, they could" do something you can bet your last devalued pound "something" has actually happened.




    As Mark Carney and others have confirmed, FDI remains robust and employment is expanding. Whilst we may lose some people to EU, the many opportunities from Brexit will create new jobs.


    I tend to focus on the opportunities of Brexit rather than bleached chicken (in any event all sorts of unsavoury food production goes on inside EU such as force feeding geese and rearing calves in dark crates where they cannot move)
  • Tromking wrote: »
    Time to pass around the hemlock for some on here. BMW announces the electric Mini will built at Cowley.
    Good news indeed.
    Perhaps some will retract their derisive comments from when I posted this:
    It looks like another remainer scare story may be proven wrong with BMW choosing Oxford to build the electric Mini according to this report:
    "BMW's Oxford factory is currently the favoured location for building an electric version of the Mini, two sources familiar with the company's thinking told Reuters on Wednesday. "
    http://uk.reuters.com/article/uk-britain-eu-bmw-mini-idUKKBN1A41NR?il=0
    (# 1560)

    Or is it still "non-news"?

    :j
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!

    Brilliant news, just as I had said a few days ago.
    There will be no Brexit dividend for Britain.
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