Brexit, The Economy and House Prices (Part 2)

GreatApe

Conrad wrote: »

Your'e just wrong, adaptation will occur, disruption will be managed and minimal and above all the change to the trade deal will be minute in the grand scheme.

We always had global scientific collaboration just as do Japan, Australia and others today, nothing to worry about, we arent stupid, we carve our own destiny.

People often reject change, again read the history, the nay Sayers are almost always wrong

I agree the uk will be fine any loss with be lower growth than would have otherwise happened and that is difficult to point out and prove

Lets hope we get some good free trade deals with the USA and others.

Oh and I see why people dont want change its a risk that could harm them.
For instance farmers wont know what the picture will look like in 10 years time. Maybe the uk will go fully free trade in which case we will just import a lot more cheap base ingredients and a lot of current farming will disappear or maybe the uk will heavily subside its farmers and their pockets will be full of gold. While pockets full of gold sound nice if I were a farmer Id be more concerned about the possibility of my way of life disappearing and my farms and lands value becoming worthless. Even if the chance of pockets full of gold were twice that of going bankrupt the concern of bankruptcy would weigh more heavily

GreatApe

Rusty_Shackleton wrote: »

Oh do shut up with the ridiculous 'anyone not successful is dysfunctional' BS. Literally, put up (some evidence) or shut up. Your claim, repeated ad nauseum, is silly and offensive.

The evidence is clear and unobjectionable

We have the most residential floor space ever
We have more cars than ever before
We have bigger inheritances and gifts than ever before
We have more people going to university than ever before
We have the highest life expectancy of any decade before
We have the highest nominal and joint highest real GDP ever (thats wages)

We also have less easily defined benefits than ever before. For instance our science and technology continually progresses which means we can not only live longer lives but live them in less pain and more quality. For example there are very few photos of my parents as children and no videos, whereas my children there are dozens of photos each week and videos. That is real value to me and possibly to my children and eventually their children etc even if it doesn't show up in any economic metric.


On the other hand, we have lefties spending 7 of the 8 hours at work on facebook or MSE forums complaining life is so hard that it was easier for generations gone by. Not true Mr Rusty not True. You are lucky to be alive in this country and this decade dont waste your life being a moaning loser always complaining that things are !!!! the confirmation bias and group think will do you no good

GreatApe

Rusty_Shackleton wrote: »

Oh do shut up with the ridiculous 'anyone not successful is dysfunctional' BS.

And I didn't say that, I said anyone not living a decent life in the uk is a dysfunctional individual or has a dysfunctional family.

So in my books people or families on benefits can live a decent life if they are functional and I know some such families. On the other hand you can be quite a rich person or from a rich family but if you are dysfunctional your life will be !!!! and I know some such people too eg an Alcoholic from a reasonable wealthy family. His life is !!!! and he makes the rest of his families lives hell but they aren't poor! (yet)

So its not about money

CKhalvashi

Conrad wrote: »

Overall effect is positive going forward. Always casualties, but tough luck, I have been a casualty of past change, hey ho.

The overall effect will only be positive if we're exporting a lot more though.

We (meaning the country not me personally) now have an additional gap between imports and exports minus whatever else has been agreed. That's more money leaving the country than coming in. Very few people have had their wages rise by the 20% that imported products will cost extra.

Being realistic, there will be a lot of bumps and it won't necessarily be positive for a long time, if at all. Jobs will leave the UK, some may come in. One will likely be more than the other, I know we'll disagree on which way but we'll see.

Rusty_Shackleton

GreatApe wrote: »

I said anyone not living a decent life in the uk is a dysfunctional individual or has a dysfunctional family.

Evidence of your claim, or stop posting such BS. There are lots of reasons for people in the UK not be having a decent life, and by no means are they all or even most, dysfunctional (or addicts of some kind as you often like to claim).

always_sunny

Thrugelmir wrote: »

To most people though it's simply a question of £x holiday spending money that will buy €x. You spend what you've got. People make do.

Absolutely and I did say before, for most people here, the GBP hasn't changed, though they notice that items and holidays are more expensive than before.

Sure the GBP was fluctuating before, but today is 8 year low knowing that it's on a downwards spiral and it's forecasted to go further down. When it goes below the EUR might be wake up call.

economic

Rusty_Shackleton wrote: »

Evidence of your claim, or stop posting such BS. There are lots of reasons for people in the UK not be having a decent life, and by no means are they all or even most, dysfunctional (or addicts of some kind as you often like to claim).

why dont you prove what you are saying as well?

cogito

Rusty_Shackleton wrote: »

German reunification was borne out of necessity, brexit is a choice. Makes the world of difference. Reunification was also progress, brexit, whatever your opinion on it is dismantling something. Very, very different. Czechoslovakia breaking up, I dont know background etc. So cant comment.

Where was the necessity for Germany to reunite? There wasn't. It was something the Germans may have desired but it certainly wasn't necessary and the West Germans are still paying for it today with massive fiscal transfers to the east.

The other price that the Germans had to pay for reunification was French insistence that there would be a European currency. The Germans had the last laugh on that although it is not without its consequences.

As for Czechoslovakia, the division of the country was always inevitable once the communists were overthrown. The country was an artificial construct that emerged from the collapse of the Hapsburg Empire at the end of WW1. Separation was by mutual agreement partly hastened by the fact that the Czechs were much better off than the Slovaks who received large fiscal transfers to the chagrin of the Czech people. It's a bit like the situation with the UK and Scotland today except that the Scots take the money and repay with ingratitude.

Interestingly, the Czech Republic is resisting entry to the Euro whereas the Slovaks joined the euro and are now wishing they hadn't because of the hardship it's causing.

Rusty_Shackleton

economic wrote: »

why dont you prove what you are saying as well?

Or the person making the claim could provide some evidence for it.

Rusty_Shackleton

cogito wrote: »

Where was the necessity for Germany to reunite? There wasn't. It was something the Germans may have desired but it certainly wasn't necessary and the West Germans are still paying for it today with massive fiscal transfers to the east..

The necessity was the end of the soviet union and the subsequent collapse of east Germany. It was a choice between reunification or a 3rd world country on the doorstep. Id love to get some German views of that claim of fiscal transfers east. Sounds like stuff youve pulled out of the air to me, but if you have some evidence please do share