Brexit, The Economy and House Prices (Part 2)

Rusty_Shackleton

Thrugelmir wrote: »

All those car parts that are imported, exported and reimported. A shambles possibly even a nightmare.

On the flip side this is one area I can see brexit providing a benefit to the economy, in terms of leading us to actually make more. High end manufacturers (inc. where I work) loathe holding inventory... They might maintain just in time manufacturing by using more UK suppliers for machined and fabricated parts. Good for precision engineers and fabricators if they dont get too badly hit by exchange rate for materials.

The reason this might be preferable is holding stock of material, which can be made into any number of parts at shorter notice, is cheaper than holding inventory of lots of finished parts.

(for those accusing me as a remainer of seeing only bad in brexit, please take note of this comment haha)

bobbymotors

Not in every situation, no.

But in this case, yes.

Had we voted to stay I rather think there wouldn't be the clamour to reverse the decision that there is now: the reason being that it went against what the main stream politicians were asking us to do.

It would be put up and shut up.

Which is what remainers should do now: we are leaving, let's get the best possible deal and move on.

I'm not saying anyone should change their views; but sometimes you have to accept a vote and move on...unlike the spent force that is Vince Cable.

Also, let's be honest here, if the EU was a business you wouldm't deal with them...for a start their accounts haven't been signed off in god knows how many years.

Rusty_Shackleton

Please stop repeating the lie about EU acccounts. Thoroughly disproved:
http://www.bbc.co.uk/news/amp/uk-politics-eu-referendum-36276175

As for your claim about if the referendum had gone the other way, have you forgotten what Farage said on the day of the referendum, specifically in the context of a 52-48 result? You dont honestly believe the brexiters, having been at it for 40 years, would have then shut up. Come on, you dont believe it and you dont really expect anyone else to.

bobbymotors

HAMISH_MCTAVISH wrote: »

Well given your seeming lack of understanding on these topics, it's a good thing that 'you' are not the person who has to be satisfied then...

Tariffs on exports and imports of goods have never been the problem - they're essentially an irrelevancy to many sectors (agriculture being a huge exception though, with up to 40% tariffs on some products) - but for the economy as a whole it's the non-tariff barriers that will cause the real long term damage.

And all this focus on 'goods' is also unhelpful - we export far more in 'services' to the EU than we import from them - and services are 80% of the British economy.

Nevertheless, there will be satisfactory deal: and we are leaving, the people have spoken, we should get on with it and get over it, it's happening.

bobbymotors

Rusty_Shackleton wrote: »

Please stop repeating the lie about EU acccounts. Thoroughly disproved:
http://www.bbc.co.uk/news/amp/uk-politics-eu-referendum-36276175

As for your claim about if the referendum had gone the other way, have you forgotten what Farage said on the day of the referendum, specifically in the context of a 52-48 result? You dont honestly believe the brexiters, having been at it for 40 years, would have then shut up. Come on, you dont believe it and you dont really expect anyone else to.

they have been signed....with an admission that over 4% of the money is missing. No accountant would sign off company accounts in that state.

Ad yes, Farage (a spent force) would have kicked off, but no one would have taken much notice of him.

HAMISH_MCTAVISH

bobbymotors wrote: »

Also, let's be honest here, if the EU was a business you wouldm't deal with them...for a start their accounts haven't been signed off in god knows how many years.

The EU's accounts have been signed off as accurate every year since at least 2007.

Somewhere between 3% and 4% of the money spent by member states (including the UK) in any given year on EU programmes is challenged as it may or not be in compliance with the spending conditions of those programmes - not that it is missing or has been stolen or wasted - just that the member states (not the EU) may not have spent it in full compliance with the programme terms.

HAMISH_MCTAVISH

bobbymotors wrote: »

they have been signed....with an admission that over 4% of the money is missing..

That's an outright lie.

The money is not missing.

CKhalvashi

bobbymotors wrote: »

Not in every situation, no.

But in this case, yes.

Had we voted to stay I rather think there wouldn't be the clamour to reverse the decision that there is now: the reason being that it went against what the main stream politicians were asking us to do.

It would be put up and shut up.

Which is what remainers should do now: we are leaving, let's get the best possible deal and move on.

I'm not saying anyone should change their views; but sometimes you have to accept a vote and move on...unlike the spent force that is Vince Cable.

Also, let's be honest here, if the EU was a business you wouldm't deal with them...for a start their accounts haven't been signed off in god knows how many years.

Have you considered that we all have what we consider the best interests of the UK at heart here? Have you also considered that for all the bleating on about democracy, advising me to shut up in any form is in itself undemocratic?

I don't believe that the current plan of the government is good for either the UK or for Europe. It's also becoming increasingly unclear exactly what that plan is as one government minister tries to say the opposite to something another said the day before.

You're saying you wouldn't deal with the EU as a business, however when I look into any project I have a full business plan with details of everything in it to show to the shareholders in the case of there being more than one party (in the governments case, the public) and get their approval on it. The EU can't do anything until the UK has asked for something, but, oh, wait......

The Tories had the chance to spell out exactly what they mean during the election campaign, they didn't do so. These would have also acted as position papers in the case of them winning the election (which they didn't). They chose not to do this.

I'm currently at the stage (with the mess this government is causing through a completely inadequate approach) of wanting the Lib Dems to partner with the Conservatives to get one big concession; the option to leave on whatever deal they manage to scrape together, if they can agree long enough to get one at all, or to remain in the European Union. This should be naturally put to a public vote in the interests of democracy.

Of course, Leavers know all of what I've said above is correct and want to refuse a public vote because they're running scared, knowing they'll lose this time around as common sense prevails.

HAMISH_MCTAVISH

bobbymotors wrote: »

Nevertheless, there will be satisfactory deal:

Satisfactory to who?

Whether or not 'you' are satisfied is of no relevance here.

and we are leaving, the people have spoken, we should get on with it and get over it, it's happening.

You keep repeating that but you seem to be arguing with yourself.

Democracy doesn't stop after one vote - if the people change their minds then democracy can and should be able to reflect that fact - but that will take time so it's likely we'll be leaving, for now anyway.

But that will only be the start of this sorry mess not the end of it - as 'Divided Britain' will be consumed by endless arguing over the details of leaving and the economic damage being wrought by doing so for the next decade or so - followed by no doubt another referendum to take us back in once the giant waste of money and time that is Brexit is exposed for the lie it always was.

kabayiri

HAMISH_MCTAVISH wrote: »

...
Democracy doesn't stop after one vote - if the people change their minds then democracy can and should be able to reflect that fact - but that will take time so it's likely we'll be leaving, for now anyway.
...

It's politics innit.

It would be political suicide for the Tories not to follow through.

Corbyn would make merry with just such a result. A GE would surely follow, no?

Btw, where ya been Hamish? It's good to have you back.