Brexit, The Economy and House Prices (Part 2)

Herzlos

Thrugelmir wrote: »

More concerning is the fact the UK sells off it's family silver to continue to party. Softbank wanted the technology.There's a huge risk that the European micro electronic industry as a whole won't be able to compete with the threat from Asia.

Investing in ARM is about as risk free in the technology world as you're likely to get. They produce designs which they license out to manufacturers to produce, and almost everything these days runs on an ARM based processor of some description, with associated royalty payments. There are presumably some knock-off/reverse engineered ARM based processors coming out of the far East, but the legitimate ones are so cheap it's not worth using the knock-offs in a lot of cases.

Softbank themselves must be inadvertantly paying a lot of money in ARM licensing (since there's at least 1 arm processor in pretty much every phone in the market). They are a stage detached in that as far as I understand they don't actually manufacture any phones themselves.

Herzlos

https://www.theguardian.com/politics/2017/jul/28/brexit-the-eu-nationals-exiting-britain-a-bit-of-me-is-dying-but-i-cant-stay

Here's the stories of a few EU nationals who are thinking of leaving. Incidentally, these are exactly the EU nationals that we want to stay.

The article quotes some 47% of "highly skilled" EU workers are considering leaving over the next 5 years. That's a lot of people, though they are only "considering" leaving rather than actually doing so.

Is this good or bad? What would we like to see happen?

A_Medium_Size_Jock

Herzlos wrote: »

https://www.theguardian.com/politics/2017/jul/28/brexit-the-eu-nationals-exiting-britain-a-bit-of-me-is-dying-but-i-cant-stay

Here's the stories of a few EU nationals who are thinking of leaving. Incidentally, these are exactly the EU nationals that we want to stay.

The article quotes some 47% of "highly skilled" EU workers are considering leaving over the next 5 years. That's a lot of people, though they are only "considering" leaving rather than actually doing so.

Is this good or bad? What would we like to see happen?

How about for a start that the EU agree a plan without wanting to impose their laws into UK sovereignty?
:whistle:

kabayiri

Herzlos wrote: »

...
Is this good or bad? What would we like to see happen?

Why can't it be both?

I reckon we will see more people being sourced from Asia, but that just continues a trend we have been seeing for a number of years now.

Whatever, it's change, and there is money to be made from change.

Some of the Indian guys I helped bring here have stayed, but a couple have moved stateside. It's a mobile world now. Many of these people have family on different continents. (My own family is on 3)

Thrugelmir

Herzlos wrote: »

Investing in ARM is about as risk free in the technology world as you're likely to get. They produce designs which they license out to manufacturers to produce, and almost everything these days runs on an ARM based processor of some description, with associated royalty payments. There are presumably some knock-off/reverse engineered ARM based processors coming out of the far East, but the legitimate ones are so cheap it's not worth using the knock-offs in a lot of cases.

Softbank themselves must be inadvertantly paying a lot of money in ARM licensing (since there's at least 1 arm processor in pretty much every phone in the market). They are a stage detached in that as far as I understand they don't actually manufacture any phones themselves.

Called industry consolidation. Apple are doing likewise. Shrink the supply chain. We used to have UK companies that did likewise.

Micro processors aren't just restricted to phones.

A_Medium_Size_Jock

An interesting one here; businesses going insolvent in England and Wales has fallen to a 17-year low.

“This reflects the relatively stable period the economy is going through, with modest growth and low interest rates contributing to the statistics we see," said John Cullen of accountancy firm Menzies.

http://www.cityam.com/269332/businesses-holding-their-nerve-underlying-number

A_Medium_Size_Jock

"Trade the immoral Customs Union for fruitful deals that benefit the developing world"

The Brexit dynamic in Britain has changed, probably irrevocably, and that means it must change in the EU negotiations too. For just as Theresa May’s dismal performance in the General Election weakened her team’s credibility in negotiating the best possible Brexit, so must this week’s commitment from Jeremy Corbyn’s Labour party – to fully and unequivocally support the UK leaving the Single Market and Customs Union – strengthen her hand.
The EU negotiators are no fools and can see this. That is why they and their evaporating band of Remainers are getting ever more desperate with their scaremongering, leaking, and last ditch attempts to push UK membership of their Single Market and Customs Union.
When you read or hear comments such as “extreme hard Brexit” or “chaotic Brexit” – the equivalent of turning the volume up to 11 – then you know Remainers are running out of ideas and resolve.

http://www.cityam.com/269211/trade-immoral-customs-union-fruitful-deals-benefit

A_Medium_Size_Jock

ilovehouses wrote: »

The government have only just started a consultation about how the ending of free movement might be implemented. Mrs May will give more details in September about what Brexit might look like.

Just how far behind the curve is it possible to get?

Why not ask your beloved EU who have taken three years to decide that Hamas are indeed a terrorist organization, finally agreeing only this week.
:rotfl:
http://www.independent.co.uk/news/world/europe/hamas-terrorist-organisation-ecj-european-court-of-justice-eu-uk-palestinian-israel-a7860301.html

gfplux

Thrugelmir wrote: »

Some people complain about anything that involves a queue. If this a remain argument against Brexit it's very weak. You have obviously never travelled internationally. Then you'd realise how bad it can get.

Having travelled internationally (how boring is that) one of the joys of that travel was not knowing after getting off the plane.....
1) How long the que was to get it
2) would I be put back on the plane and sent back which is better than 3
3) would I be welcomed with open firearms and held in detention until the next seat on a returning plane
4) Would my papers let me stay for the 5 days of visits and meetings or would they change it to three days and "confiscate" my samples or credentials.

Phew! I am in. Let's not talk about the disappearing hotel reservation!

Then the next phase on leaving.

1) would "they" let my taxi drive all the way to the Airport departure entrance or would I have to walk with my luggage the last three hundred meters!
2) Would the airline still have my reservation and let me check in
3) Would I get through passport control
4) would I get through customs without having to surrender "something"
5) Would the plane still be there when I finally arrived at the gate.

Etc, etc, etc.
The joy of International travel buying and selling (sorry Importing and exporting) with "free" trade agreements in place.
You think "international, intercontinental travel is easy. Just ask any of the brave individuals still pushing the envelope in new and far distant lands braving the possibility of who knows. Once the free trade agreement is in place the international road warriors have to get out and do the job.
It's a little more difficult than being a keyboard warrior.

I have been retired for over twenty years so I imagine it now is all a walk in the park!

gfplux

Thrugelmir wrote: »

Who is in charge of Brexit for the EU?

Barnier looks increasingly like a lost sheep. Blaming the UK to cover up the EU's lack of cohesive policy making.

There is no discussion Barnier is the "lead" negotiator for the EU.
David Davis is "the minister in charge of the Brexit negotiations for the UK"