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Brexit, The Economy and House Prices (Part 2)
Comments
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ilovehouses wrote: »There's nothing personal whatsoever in stating you've not countered my assertion that Brexit is/ will be inflationary for food prices. It's a simple statement of fact.
No it isn't. It's nothing more than your opinion.
The protectionist EU imposes import tariffs averaging 18% on imported food products rising to as much as 46 % on some African food, punishing the poorest farmers in the world. Post-Brexit, the UK will be at liberty to reduce food prices by reducing or abolishing these tariffs.
http://www.reformthecap.eu/issues/policy-instruments/tariffs0 -
ilovehouses wrote: »Call me a cynic but could ..
be construed as him saying it's an issue that might be dealt with in UK as well as French channel ports?
Logically, it is much more likely to refer to other EU countries (and especially bordering mainland countries) allowing migrants/refugees to reach France.
Or are you unaware of the EU requirement for migrants/refugees to be registered in their first EU country of arrival?
If you think that the UK is somehow encouraging migrants ......... well, I'm sure the difficulty with that line is obvious.
So please enlighten us as to why we should consider what you construe?0 -
ilovehouses wrote: »Thanks for that but if I want to know the opinions of a Mail, Independent or Guardian journalist wouldn't I be checking their sites directly?
What's your take on it? What's with the 'it hasn't damaged the economy - yet'? covering his bases, expecting future damage or just a salesman who understands his target audience.
What would he be pontificating about if it wasn't for Brexit? Maybe Brexit is diverting us from something more important.
Would your attempt at flowery diatribe perhaps not have been more appropriately commenced with the simple "I did not like your post", since you have provided no relevant response to it?
There would seem to be little to be gained from responding to your lines of enquiry since my earlier responses to your posts - which contained relevant evidence BTW - have largely been either discarded out of hand or ignored altogether.
As such I will refrain from further apparently pointless debate since it would serve no purpose other than taking up space in this thread.0 -
No it isn't. It's nothing more than your opinion.
The protectionist EU imposes import tariffs averaging 18% on imported food products rising to as much as 46 % on some African food, punishing the poorest farmers in the world. Post-Brexit, the UK will be at liberty to reduce food prices by reducing or abolishing these tariffs.
http://www.reformthecap.eu/issues/policy-instruments/tariffs
Or maybe a better solution would be to get EU governments to join together in supporting a citizens initiative, sponsored by governments, to request the EU reduce the tariffs on all non-competing products.
That way, your beloved African farmers would have a potential market more than 7x the size of the one that could (but probably won't be) offered to them.💙💛 💔0 -
ilovehouses wrote: »Leave voters, given their age profile, don't have to worry about pensions.
This is a problem that's been handed to the young and it's for them to resolve it as they see fit.
I do not agree. Yes a large number of pensioners voted leave (not me) but also many voted stay.
The vote was "won" by so many of the 35 to 55 voting leave.
They are in jobs and are working and looking forward to retirement.
That pension time bomb will come early unless there are lots of young fit people working and paying in to the system.There will be no Brexit dividend for Britain.0 -
A_Medium_Size_Jock wrote: »But according to some you can only do this within the EU, travel and work.
Are Israel EU members now then?
This is the link you need.
https://www.isavta.co.il/blog_entry/eng/Coming-To-Work-In-Israel-Everything-You-Need-To-Know.phpThere will be no Brexit dividend for Britain.0 -
There's 2 issues: social norms and wages.
1. Farming has been squeezed rotten by supermarkets for years - they are competing with sub-continental production and run on very thin margins. All of the farmers I know are asset rich and cash poor - probably sitting on £1m+ of land, but live frugally. This means that wages are low and an increase of wages potentially means they are no longer competitive and are better selling up to developers.
2. Over the years manual labour seems to have become frowned upon. People have aspirations above that and for many it's viewed as a temporary thing until they get a career (or become a celebrity).
This culture doesn't seem to be shared by East Europeans for whatever reason, and they are happy to do the crappy jobs that Brits look down on.
We'd need to sort both of those before farmers can get all the local labour they need.
I agree,
Although not sure what you mean in your last paragraph.
Perhaps the farmers you know could shed some light on what I have read elsewhere.
In Britain Unemployed people and those on other support have difficulty working in temporary or seasonal jobs.
I am told (could be filthy lies) that if you take a temporary/seasonal job your benefits stop as they should BUT anecdotal evidence suggest and frightens people that when the job finishes you have to apply all over again for the benefits you were receiving before.
Would that matter to me or many posters here, we have money in the Bank that will get us through the one, two, three or four weeks before, if ever your benefits come through.
If this is true, then that is something that needs changing.There will be no Brexit dividend for Britain.0 -
The vote was "won" by so many of the 35 to 55 voting leave.
They are in jobs and are working and looking forward to retirement.
Looking forward to retirement at 35? They are not getting their State Pension until 67 at least. Let alone not saving enough. In fact more likely highly indebted.0 -
ilovehouses wrote: »There's nothing personal whatsoever in stating you've not countered my assertion that Brexit is/ will be inflationary for food prices. It's a simple statement of fact.
The Common Agricultural Policy has kept prices higher than should be for decades. The French refuse to budge on the issue. Keeps inefficient farms in business. A classic example of National interest blocking any attempt to reform.0 -
People say they want fairness and fair wages for all. Giving Farmers an excuse to perpetuate slave wages is not my idea of a civilised nation.
Stop the massive cheap labour flow and wages will naturally rise. Consumers may have to pay a little more, they'll cope and anyway Dr Michael Moselys health documentaries inform that middle classes eat far more fruit n veg than others and so the costs will be largely borne my middle classes.
Conrad this post I have to respond to as you seem to have skipped a few chapters in you book of world economics.
It is not really about the availability of cheap labour. With Globalisation we now have Company's who will MOVE TO the cheap labour. Many of these farms, not the ones you have mentioned you know and are friends with, are owned by Corporations and hedge funds. They will have no difficulty in moving the production area to where the CHEAP LABOUR can gain easy access.
The Mountain will move!There will be no Brexit dividend for Britain.0
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