Brexit, The Economy and House Prices (Part 2)

gfplux

Conrad wrote: »

I've been pondering the pessimism of ardent Remainers that endlessly imply we are a helpless little island, mere jellyfish on the tide of fate unable to shape our destiny, simply a scrounging dog that will take whatever scraps are thrown.


This mind-set starts out with the idea we are puny, incapable, helpless and hapless.


Such a shame these folk cannot get their heads around the huge contribution this nation has made to the world, how we shaped it, won freedoms from our own and foreign oppressors, shaped the world and nation we have today.


Unfolding before us is the next great opportunity to shape destiny, I cannot for the life of me understand this idea we will not ably carve our path as we've carved it many times before. We are the sum of ourselves, we are not destined merely to be handed an unfavourable reality.


What causes someone to see weakness and impotence, rather than confidence and opportunity?

I also ponder about this great new opportunity presented to Britain. The "opportunity" started in June 2016. Now 14 months later how far forward is Britain in the project.
It has to start somewhere. With a greatly devalued currency no one surely could ask for a better launch pad..
I continue to ponder as that is all there is to do. I want to applaude the increased investment in Industry (to increase capacity for export) spurred on by huge tax incentives by a visionary government.
However my cheers are stuck in my throat as I see NOTHING happening.
Surely we should be seeing some results already or am I being mislead by Brexiters.

Conrad, I admire your commitment to Brexit and have read (some) of your posts with interest. However you must be, beginning to ask yourself where are the results 14 months on.

always_sunny

Sapphire wrote: »

Well, that's good for the pensioners in your area. However, even in my own family, there are pensioners who through no fault of their own do not have 'a good life' – the image of 'golf-playing pensioners' certainly does not apply to them. They never complain, and perhaps that's why this vulnerable group is being targeted, maybe as a prelude to divesting the 'middle classes' of any assets they do have (what a shame it will be for their ungrateful children to lose their inheritance :rotfl:).

And when did I say that I believe 'it's all self funded'? Benefits to all and sundry are not, either – but at least many pensioners do still pay tax, and have done during decades of hard work and living, largely uncomplainingly, through the sorts of hard times that most people born more recently appear to have no concept of.

Unless you have hard fact at hand, reality is pensioners (as a whole) are not net contributors (same in most other countries really).

The current system (pensioners living off current workers contributions) is getting phased out because it is not sustainable and folks have to save for their pension (workplace pension).

Sure, some pensioners still pay tax but the vast majority of them take out as much as they put in.
Pensioners today have contributed during decades of hard work in the same way as people working today are doing and will do till they retire. Unless back in the 60's people had hovercraft, they were using roads, giving births using the NHS, etc. They contributed and they used services.

Pensioners today have not done something extraordinary that current workers aren't doing.
As I said, pensioners today were under a different system and that's fine, but let's not portray them as something different.

gfplux

From Bloomberg's Brexit email today.

"Just a week to go before Brexit talks resume and already the U.K. and European Union are at odds again over how soon they can start crafting a trade deal.
Adopting a provocative posture, Prime Minister Theresa May’s government is, in its own words, “stepping up pressure” on the EU to move on from discussing the terms of separation as soon as October.
The use of fighting words in the past has not budged Brussels and will not go down well now given that EU officials blame the U.K. for slow progress and a lack of clarity. Before agreeing to talk trade, the EU wants “sufficient progress” to be made addressing citizens’ rights, the Irish border and the Brexit bill.
Both sides had initially aimed for that milestone to be met in October. But Slovenian Prime Minister Miro Cerar told The Guardian that “the process will definitely take more time than we expected.”
“There are so many difficult topics on the table, difficult issues there, that one cannot expect all those issues will be solved according to the schedule made in the first place,” Cerar said. “What is important now is that the three basic issues are solved in reasonable time.”
Furthermore, Brexit Secretary David Davis revived a spat over whether the divorce and trade discussions should happen in parallel. The U.K. will try to speed up the process this week by publishing five position papers on topics ranging from data protection to resolving post-Brexit disputes."

setmefree2

Conrad wrote: »

Dan Hannan points out the obvious;

SWITZERLAND

Switzerland exports five times as much per capita to the EU as Britain does, having agreed sensible customs facilitation procedures with its neighbours.
I’m not aware of any Swiss political party that wants to join the customs union, and thereby forfeit that country’s bilateral trade deals with Japan, China and the rest.

http://forums.canadiancontent.net/international-politics/153624-remainers-so-determined-hate-brexit.html

So true....all of it.

"Truly, we are beyond the realm of reason."

gfplux

Just shows that Britain is in no hurry.
From Bloomberg, again.

"At least the two sides will be well-rested by the time talks resume.

The EU has decided to accept the U.K.’s request to delay the start of the next round of negotiations to enable British officials to enjoy the annual “summer bank holiday” on August 28, according to two people familiar with that matter. Discussions will now begin on the Tuesday or Wednesday.

That’s despite EU officials being forced to work on a public holiday last week when the British government published an important Brexit document."

mayonnaise

gfplux wrote: »

From Bloomberg's Brexit email today.

"Just a week to go before Brexit talks resume and already the U.K. and European Union are at odds again over how soon they can start crafting a trade deal.
Adopting a provocative posture, Prime Minister Theresa May’s government is, in its own words, “stepping up pressure” on the EU to move on from discussing the terms of separation as soon as October.
The use of fighting words in the past has not budged Brussels and will not go down well now given that EU officials blame the U.K. for slow progress and a lack of clarity. Before agreeing to talk trade, the EU wants “sufficient progress” to be made addressing citizens’ rights, the Irish border and the Brexit bill.
Both sides had initially aimed for that milestone to be met in October. But Slovenian Prime Minister Miro Cerar told The Guardian that “the process will definitely take more time than we expected.”
“There are so many difficult topics on the table, difficult issues there, that one cannot expect all those issues will be solved according to the schedule made in the first place,” Cerar said. “What is important now is that the three basic issues are solved in reasonable time.”
Furthermore, Brexit Secretary David Davis revived a spat over whether the divorce and trade discussions should happen in parallel. The U.K. will try to speed up the process this week by publishing five position papers on topics ranging from data protection to resolving post-Brexit disputes."

The timetable is clear, and David Davis and his team agreed to it.
https://www.politicshome.com/news/uk/political-parties/conservative-party/news/86833/david-davis-caves-eu-over-brexit-timetable
First there needs to be progress on citizen's rights, Northern Ireland and Brexit bill. There hasn't been any noticeable progress on any of these thanks to our stubborn 'have cake and eat it' stance. End of story.

GreatApe

kabayiri wrote: »

3D printing could lead to on-demand production of many goods, something which would be a holy grail to many manufacturers. It changes the nature of how we view production centres.

Work in progress is a major cost centre.

There's not really much point in talking long term vision though. I never hear any long term planning from this or any recent government.

3D printing is nonsense its not going to revolutionise mass manufacturing.

You can 3D print yourself a loaf of bread via a small 3D printer called a bread machine yet 99% of people buy it from the large 3D printer called a bakery.

setmefree2

Links to Policy papers.

1)NI and Republic
https://www.gov.uk/government/publications/northern-ireland-and-ireland-a-position-paper

2)Customs Union
https://www.gov.uk/government/publications/future-customs-arrangements-a-future-partnership-paper

NEW

3) Continuity in the availability of goods for the EU and the UK - position paper https://www.gov.uk/government/publications/continuity-in-the-availability-of-goods-for-the-eu-and-the-uk-position-paper


4) Confidentiality and access to documents - position paper
https://www.gov.uk/government/publications/confidentiality-and-access-to-documents-position-paper


Other papers expected this week will look at how to maintain the exchange of data with other European countries and future "co-operation" between the different legal systems.


..and still not a peep from the EU - other than we want a £100 billion....give us all your money....blah blah blah...useless....

mayonnaise

Conrad wrote: »

Dan Hannan points out the obvious;

Dan "Absolutely nobody is talking about threatening our place in the single market" Hannan?

https://www.youtube.com/watch?v=0xGt3QmRSZY (11 seconds in)

mayonnaise

setmefree2 wrote: »

More Brexit papers

...and still not a peep from the EU -

Of course not a peep.

There is barely any progress on:
- citizens rights
- brexit bill
- NI border

First things first.