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Brexit, The Economy and House Prices (Part 2)

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Comments

  • Herzlos
    Herzlos Posts: 15,997 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    What's not to understand about what we've requested?

    Pretty much any of it. Do we want free trade? Customs union?

    Almost every announcement made has been contradicted.

    Have we actually made a pitch and been rejected? Or are we not still talking about timescales etc?
  • Meanwhile the BOE keeps interest rates steady:
    http://uk.reuters.com/article/uk-britain-boe-idUKKBN1AJ1HQ
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Herzlos wrote: »
    The In/Out balance, based on the demographics has likely already shifted to Remain, give it another 30 years and that 65+ band that was the only one with a Leave majority will be 95+. Will the younger generations be more in/out? Will people change from in to out over time?



    in / Out of what though. The demographics may have changed. However so will have the EU. Now the UK is shortly no longer to be a member that can block change. Expect some fundamental shifts in policy.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Thrugelmir wrote: »
    in / Out of what though. The demographics may have changed. However so will have the EU. Now the UK is shortly no longer to be a member that can block change. Expect some fundamental shifts in policy.

    There is already talk of a 2 speed EU, so which would we join?

    I think we can all see some push back on further harmonization, from certain quarters of the EU, so it will be interesting to see the response from the core.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Herzlos wrote: »
    Pretty much any of it. Do we want free trade? Customs union?
    ...

    How can we stay in a Customs Union whilst actively looking to sign trade deals with other parts of the globe?

    At best, there are contradictory processes going on.
  • TrickyTree83
    TrickyTree83 Posts: 3,930 Forumite
    Herzlos wrote: »
    Pretty much any of it. Do we want free trade? Customs union?

    Almost every announcement made has been contradicted.

    Have we actually made a pitch and been rejected? Or are we not still talking about timescales etc?

    How has it been contradicted? Free trade is only a contradiction if you assume that it comes part and parcel with the single market - it doesn't.
  • TrickyTree83
    TrickyTree83 Posts: 3,930 Forumite
    kabayiri wrote: »
    How can we stay in a Customs Union whilst actively looking to sign trade deals with other parts of the globe?

    At best, there are contradictory processes going on.

    I don't see how it's contradictory at all.

    We're leaving the customs union.
  • phillw
    phillw Posts: 5,666 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 3 August 2017 at 1:56PM
    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?

    I'm not saying any such thing. I'm saying there were a lot of brexit voters who thought they were voting to give the NHS £350 million a week.
    How has it been contradicted? Free trade is only a contradiction if you assume that it comes part and parcel with the single market - it doesn't.

    Do you actually understand what Free Trade is? Because I'm guessing you think you do, but you don't. This is common among leave voters, so the conversations where everyone goaded each other into voting to leave (similar to a suicide pact) won't have helped your decision processes.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    I don't see how it's contradictory at all.

    We're leaving the customs union.

    It's the labelling. I also think we will have a relationship with the EU.

    But it will be termed something else from a Customs Union; Single Market; even FOM.

    There will be something approaching an accommodation, which all parties can sell to their voters.
  • TrickyTree83
    TrickyTree83 Posts: 3,930 Forumite
    edited 3 August 2017 at 2:20PM
    phillw wrote: »
    I'm not saying any such thing. I'm saying there were a lot of brexit voters who thought they were voting to give the NHS £350 million a week.

    Is there? Have you surveyed them all? Define "a lot" if you're so sure. Tell us how many, a percentage is fine we can do the maths.
    phillw wrote: »
    Do you actually understand what Free Trade is? Because I'm guessing you think you do, but you don't. This is common among leave voters, so the conversations where everyone goaded each other into voting to leave (similar to a suicide pact) won't have helped your decision processes.

    I fully understand what free trade is.

    We don't require customs union membership to have a trade deal with the EU.

    If you think I'm your definition of the average leave voter you would be wrong.

    What did you think free trade was, perhaps I can help you further?
This discussion has been closed.
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