Brexit, The Economy and House Prices (Part 2)

cogito

Tromking wrote: »

A situation that makes any vote on 'the deal' in parliament problematic in my view.
Already MP's are using lines like "we didn't vote to make ourselves poorer" as a justification to lobby for a less 'clean' break from the EU.
Leaving the EU is not a done deal.

On every subject, the EU will reject the UK'S position and insist that we accept theirs. Negotiation is not in their dictionary as is evident from their stance during Cameron's attempted negotiation. Look how that ended.

Come March 2019, we'll be out without a deal. No single market, no customs union, no free movement, no ECJ jurisdiction. Trading on WTO terms, no €100bn payment to the EU.

Then stand back and watch the EU meltdown when the Eastern Europeans demand the money they've been promised and the Germans and others refuse to pay.

mayonnaise

Sapphire wrote: »

I hear that Cable likened Mrs May to Hitler, or was it Stalin? Nice.

You heard wrong.
Vince Cable said Theresa's 'citizens of nowhere' speech last year could have been taken out of Mein Kampf.
Incorrectly, I believe, as the 'rootless cosmopolitan' phrase was coined by the Soviets in their anti-Semitic campaign.
https://en.wikipedia.org/wiki/Rootless_cosmopolitan

Where Vince got it wrong also is where he says:

Mr Cable added: “It was out of character for her.”

As it was totally in character for the bitter vindictive hag.
http://www.independent.co.uk/news/uk/politics/theresa-may-mein-kampf-adolf-hitler-nazi-vince-cable-liberal-democrat-conservatives-a7825381.html

mayonnaise

Tromking wrote: »

Already MP's are using lines like "we didn't vote to make ourselves poorer"

We did vote to make ourselves poorer.
Pre-referendum, we were told a vote to leave would reduce living standards. It was laughed away as 'Project Fear'.

One year later:
UK household living standards are falling at their fastest pace since 2011
http://www.independent.co.uk/news/business/news/brexit-latest-news-uk-household-living-standards-inflation-rise-fast-2011-ons-office-national-a7827171.html

A_Medium_Size_Jock

mayonnaise wrote: »

We did vote to make ourselves poorer.
Pre-referendum, we were told a vote to leave would reduce living standards. It was laughed away as 'Project Fear'.

One year later:
UK household living standards are falling at their fastest pace since 2011
http://www.independent.co.uk/news/business/news/brexit-latest-news-uk-household-living-standards-inflation-rise-fast-2011-ons-office-national-a7827171.html

Utter drivel.
Look at the chart in that link; it shows more ups and downs than a whatsit's underwear!


It is nothing but another case of confirmation bias:

Confirmation bias is everywhere. It is rare that media commentators cross the line between what they want to be true and what they forecast is going to happen.

"From Brexit to fake trade deals — the curse of confirmation bias"
https://www.ft.com/content/b7d68798-62fb-11e7-91a7-502f7ee26895?mhq5j=e1

*Readable content is available for those without subscriptions if you search the headline.

gfplux

Thrugelmir wrote: »

There's no absolutely no sign that the EU has any desire to compromise. Time to get on with the job in hand.



Why the continual one sided view point.

I make absolutely no secret of my opinion (bias) Britain leaving the EU is wrong, wrong, wrong.
However IF, YES IF it happens one HUGE advantage we are promised by most Brexiters including the politicians who backed the referendum and are promoting it now were the benefits of Britain negotiating its own trade deals.
So now we are heading that way Brexiters need to put some flesh on the bones.
Hence my questions.
Now is not the time to rehash all the old arguments, now is the time to see where Britain will see the prosperity coming from.

gfplux

TrickyTree83 wrote: »

Can't even attempt a balanced approach. A soiled remainer if you like.

I make absolutely no secret of my opinion (bias) Britain leaving the EU is wrong, wrong, wrong.
But you just dodged the question
Or perhaps you should admit you don't have the answer!

Conrad

RETAIL SALES 2017

2017 RETAIL SALES NEWS, notice any bad news is followed with a subsequent ‘SURPRISE’ rise in retail sales.
Bad news = due to Brexit. Good news = nothing to do with Brexit

FEBURARY 2017 Retail sales fall unexpectedly in January
http://www.bbc.co.uk/news/business-39002325

MARCH 2017 Retail sales bounce back as British shoppers return to the high street
http://www.telegraph.co.uk/business/2017/03/23/retail-sales-bounce-back-british-shoppers-return-high-street/

APRIL 2017 UK retail sales bounce back in April as prices fall .
Warm weather and timing of Easter may have contributed to rise
https://www.ft.com/content/a4853fd6-3ba5-11e7-821a-6027b8a20f23?mhq5j=e3


JUNE 2017 UK retail sales dive sparks biggest FTSE 250 fall since last summer
https://www.theguardian.com/business/2017/jun/15/uk-retail-sales-brexit-inflation-prices-pay-consumer-spending


JULY 2017 UK retail has biggest June sales rise for six years – survey
https://uk.reuters.com/article/uk-britain-retail-idUKKBN19R382

gfplux

TrickyTree83 wrote: »

Read it again. Properly this time. See if you can pinpoint the bias in the post.

Hint: it's the part about the conditions the poster places on the new trade deals. They're not even conditions met by the UK inside the EU. Poster just looks like they are spoiling for an argument rather than actual data or facts. I'll oblige, I've had enough of reading remainer and/or left wing bilge lately.

Where in heavens name do you see me putting conditions on the deals.
Please explain as I am at a complete loss to understand your words.
Free trade Deal. What pre conditions does that indicate?
Read my lips "free trade deal"

gfplux

gfplux wrote: »

I still hope that Brexit will not happen.
However looking to the future post Brexit happening does anyone have any idea of the products that we will sell to Britains major new trade partner the USA.
For a free trade deal to bring wealth and prosperity to modern Britain is for Britain to export MORE than it imports.
So once in place what are the products that this free trade deal with the USA that Britain will sell substantially more of and what products that are presently not exported (due to a crippling duty level) will be exported in substantial numbers to the USA.
What are the likely products Britain would import and would that have any effect on British factory's?
Secondly if the company's making these products are public have the shares reacted to this opportunity or can investors still get in on the growth.
These questions would equally apply to India, New Zealand, Australia and any other countries (does anyone have a list of the big ones) Britain signs free trade deals with.
Now Britain is only 20 months from leaving these practical questions need to be asked and answered.

Hello Brexiters,
Yes I am a remainer, surprise surprise.

How about addressing the question. Or have Free Trade Deals that are going to bring Britain huge prosperity just become less attractive.

This is your opportunity handed to you on a plate.

627 days and counting!

http://interactive.news.sky.com/2017/brexit-countdown/

A_Medium_Size_Jock

gfplux wrote: »

I make absolutely no secret of my opinion (bias) Britain leaving the EU is wrong, wrong, wrong.
However IF, YES IF it happens one HUGE advantage we are promised by most Brexiters including the politicians who backed the referendum and are promoting it now were the benefits of Britain negotiating its own trade deals.
So now we are heading that way Brexiters need to put some flesh on the bones.
Hence my questions.
Now is not the time to rehash all the old arguments, now is the time to see where Britain will see the prosperity coming from.

We get that, even that you felt sufficiently strong anti-British feelings to leave the UK (prior to the referendum BTW for those that may not have known) and vow never to return so those of us realising this see your bias from that POV.

But firstly, just because you and indeed others have this "feeling" that Brexit is wrong does not necessarily make it so. You chose the EU and you live there. The voting majority here in the UK voted to leave the EU; such is democracy.
And secondly you ask for "flesh on the bones" whilst seeming to ignore all that has been written in this thread and elsewhere about trade deal talks and other forecasts.
Which may be where your problem lies; until the UK has actually left the Eu that is all we will get, isn't it?
Forecasts.
You had better get used to that, since (barring as-yet unforeseen events) there is at least another 18 months or so of this yet. Until any deal is finally signed and agreed-upon by all parties there will be no certainty.


Instead of repeatedly asking what cannot yet be answered fully by anyone, why not do your own research?
I for one will not be doing it for you.