Brexit, The Economy and House Prices (Part 2)

phillw

kabayiri wrote: »

It's a valid premise, but they weren't doing a very good job of this protecting labour.

The high rates of youth unemployment in Southern Europe bear witness to this.

You're cherry picking evidence, the situation is better than it was without the EU. No system is perfect, but the highs and lows get smoothed out because of the EU tax helps those who are in need. Like the welfare state. We took the help when we needed it, but now throw our toys out of the pram when we're helping others. It hasn't gone unnoticed by the EU countries and beyond.

kabayiri wrote: »

The UK alone has lost tens of thousands of technical jobs to India alone, and the EU might as well have been non-existent.

How will brexit improve that? We lost the jobs because people in the UK demand too much money, while the bosses want to squeeze costs to boost profits. The same type of greed that destroyed manufacturing. We still seem to be dominated by the entitled people who want more money, more control, more... Post brexit, I expect to see this situation accelerate.

kabayiri wrote: »

I do think we are in for a rough ride though. We have to decide on what our focus is, being a volume labour country or one which spends heavily on efficiency and R&D.

It's clear we want to spend as little money as possible and delude ourselves we have a higher standard of living, while taking no responsibility. Horse meat lasagna is proof of that. The EU has kept us on the straight and narrow, like a 12 step programme. People are looking forward to bingeing once we're free of their pesky meddling.

There are plenty of examples of missed opportunities where we skipped R&D, we will always revert to type.

cogito

ilovehouses wrote: »

You've got to laugh haven't you?

No, you've got to read the whole article instead of doing what you always do - sneer at your own country.

A_Medium_Size_Jock

phillw wrote: »

Yes, which is kinda the opposite of what a lot of brexiters voted for:

"Domestically, this means reducing the size of the state – less tax, less spending, less regulation."

Say good bye to the NHS, benefits, liveable pensions, standard of living etc etc.

Exactly what I've been saying the brexiters were conned into voting for brexit by the rich with hidden agendas (Nigel Farage, BoJo etc). All you need to do is hold your nerve and their vision of the country could actually happen. Then the ASA will say we can no longer call it Great Britain.

Ah, so you think that current spending on the NHS, pensions, and benefits should be increased to encourage reliance upon the state rather than promoting greater self-reliance and responsibility for self? You would rather see more "nanny state" than less?

Just one of the troubles with that scenario though is that it means spending more money than most folk want to spend, doesn't it - and that leads to difficulties as with the "There's no money left" farce of the last Labour government.

Good of you though it is to second-guess "what a lot of brexiters voted for" I don't think many want to increase how much comes out of their pockets which is what you seem to suggest.
All of those things you mention need reform and this is widely accepted; doing so will have the effect of increasing our standard of living and not decreasing it as you again suggest.
There is however you should note no mention anywhere of what you facetiously suggest: "Say good bye to the NHS, benefits, liveable pensions...". These are only your own distorted interpretations.

Never mind though, you continue with your disparaging view of our country. In this thread at least you're not alone although the similarity to a bygone era of "Citizen Smith"-type comedy is remarkable.
And thankfully equally as incorrect.

A_Medium_Size_Jock

cogito wrote: »

No, you've got to read the whole article instead of doing what you always do - sneer at your own country.

Have you noticed how many of the pro-EU pro-remain advocates within these forums do just that?
Their propensity to decry anything positive about our country is nothing short of incredible.

kabayiri

A_Medium_Size_Jock wrote: »

Ah, so you think that current spending on the NHS, pensions, and benefits should be increased to encourage reliance upon the state rather than promoting greater self-reliance and responsibility for self? You would rather see more "nanny state" than less?
...

The left of centre alliance don't want people to think for themselves. They would rather the state intrude into peoples' lives in ever greater amounts.

This actually mirrors a certain religious ideology.

mayonnaise

Tighter border controls should not apply when I’m going on holiday, insists angry Brexiter

Williams, who was already in a bad mood after receiving eighty-eight cents for his Great British pound, is now a mere six hundred metres from the full body scanners.

“I said increased border checks should keep the foreigners out. I said nothing about me going on holiday to one of their countries,” he told us.

http://newsthump.com/2017/08/02/tighter-border-controls-should-not-apply-when-im-going-on-holiday-insists-angry-brexiter/

:rotfl::rotfl:

Conrad

Question for u guys, seeing as I 'know' you, lol!


What sort of yield can one get these days on £200k stuffed into some sort of packaged equity investment (not an annuity)? A reasonable spread risk would be acceptable.


Nothing would be tax free (aside from gradually feeding an ISA) I would guess.


From memory I'd be looking at unit Trust or similar right? I'm not up for buying my own shares, been there done that.

Conrad

mayonnaise wrote: »

Tighter border controls should not apply when I’m going on holiday, insists angry Brexiter


:rotfl::rotfl:

Cant recall any more hassle / time getting through Turkish customs compared to EU personally in terms of holiday. Millions of us choose non EU destinations, from Egypt to Cape Verde, never heard anyone being put off by non EU airport procedures.

always_sunny

kabayiri wrote: »

The UK alone has lost tens of thousands of technical jobs to India alone, and the EU might as well have been non-existent. In fact, they made it harder for me to take Indian IT people around Europe, and we ended up having to ship the work out!

Whaaaaaat? What is the reason behind the UK losing tens of thousands of technical jobs to India? There is more than just India, but that's okay...
How has the EU made it harder to hire Indian IT people around Europe? Why did you ship the jobs out?

I used to ship jobs abroad frequently and if you're in the outsourcing industry, usually the main driver is cost. Bottom line is, UK (and Western European) workers cost too much compared to offshore ones.

With the Data Protection Directive from the EU we have actually seen jobs that were [previously] offshored jobs to India and the likes being brought back to the EU.
Why offshore to India when Bulgaria, Romania, Poland, etc are on similar rates and you can see in those country there's a healthy pipeline for outsourcing technical jobs.

It'll actually be interesting with Brexit whether the UK will relax data sharing legislation since it won't be bound by the EU anymore.

cogito

phillw wrote: »

You're cherry picking evidence, the situation is better than it was without the EU. No system is perfect, but the highs and lows get smoothed out because of the EU tax helps those who are in need. Like the welfare state. We took the help when we needed it, but now throw our toys out of the pram when we're helping others. It hasn't gone unnoticed by the EU countries and beyond.

Greece has been crushed by the political games of the EU and has become little more than a debt slave. The country is dying on its feet and the EU has sacrificed it for the sake of the project. All lows and no highs for the Greeks. All highs and no lows for the Germans who have made more than €1bn profit from 'helping' the Greeks. They don't even have the decency to give it back to a country which it swindled out of its due war reparations.