Brexit, The Economy and House Prices (Part 2)

cogito

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.

It's contrary to EU rules for member states to have separate trade deals as you well know. Doubtless, off the record discussions are taking place between the UK and other countries but nothing can be signed until we are out. No flesh, no bones.

StevieJ

The chances of Britain's economy picking up steam diminished further on Monday as surveys showed major companies have curtailed their investment plans and that consumers spent less on their credit cards.

Deloitte's survey of chief financial officers showed 72 percent thought the overall business environment would be worse once Britain leaves the European Union, the largest proportion since Deloitte started asking the question a year ago.
Only 8 percent of respondents saw an improvement after Brexit.

http://www.msn.com/en-gb/money/companies/big-uk-firms-curtail-investment-plans-consumer-slowdown-deepens-surveys/ar-BBE6QNQ?ocid=spartandhp

StevieJ

A_Medium_Size_Jock wrote: »

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.
.

I love democracy, let us have another referendum and see what happens when the population have a better idea of what Brexit means :-)

Herzlos

always_sunny wrote: »

It is a done deal, Art 50 has been triggered and to reverse it 27 member states must agree.
The UK may get a deal that feels like it's still in the EU but it is not.

To reverse Art 50, the UK can expect that other EU countries will veto the current arrangements (non-Schengen, non Euro, etc).

I'm pretty confident that if we decided to repeal A50, the EU27 would be happy for us to do so if we re-imbursed them for all the time/money of theirs we wasted dealing with Brexit. That'd hurt pretty badly though, as it must be in the 10's of billions already.

I'm not sure they'd let us get the London agencies back, either.

I think that's still a better outcome than leaving, but I suspect it'd make some of the frothers explode.

mayonnaise

StevieJ wrote: »

I love democracy, let us have another referendum and see what happens when the population have a better idea of what Brexit means :-)

Oh no, please not another referendum Stevie. Not another campaign filled with lies, bigotry and racism for the plebs to be given a vote on something they haven't got a scooby about.

Conrad

Hate to say I told you so, but yet another European Govt states a mutually beneficial no-harm trade deal for UK must be done.


This is particularly sweet for me, as the interviewer is none other than Remoaner and fake news guru in chief, James O'Brien. I bet he's gutted and shocked all in one;


https://www.youtube.com/watch?v=qo06pb1hXbU




3.08 - "Britain gets free hand you will be able to sign global free trade deals which EU does not have, and this will harm European competiveness"


4.30 - "we want to end up with a mutually beneficial trade deal, the most comprehensive economic trade & investment partnership"

Thrugelmir

Herzlos wrote: »

I'm pretty confident that if we decided to repeal A50, the EU27 would be happy for us to do so if we re-imbursed them for all the time/money of theirs we wasted dealing with Brexit. That'd hurt pretty badly though, as it must be in the 10's of billions already.

I'm not sure they'd let us get the London agencies back, either.

I think that's still a better outcome than leaving, but I suspect it'd make some of the frothers explode.

I'm more concerned with the time and money that's wasted looking backwards. Rather than actually accepting the result and approaching the challenges ahead in a positive light.

Why the concern over London agencies. UK Companies are being bought by overseas concerns almost on a weekly basis. Brexit isn't all we need to be concerned about.

Arklight

Conrad wrote: »

Hate to say I told you so, but yet another European Govt states a mutually beneficial no-harm trade deal for UK must be done.


This is particularly sweet for me, as the interviewer is none other than Remoaner and fake news guru in chief, James O'Brien. I bet he's gutted and shocked all in one;


https://www.youtube.com/watch?v=qo06pb1hXbU

I think you need to watch that again. It doesn't portray what you think it does.

Conrad

Arklight wrote: »

I think you need to watch that again. It doesn't portray what you think it does.

3.08 - "Britain gets free hand you will be able to sign global free trade deals which EU does not have, and this will harm European competiveness"


4.30 - "we want to end up with a mutually beneficial trade deal, the most comprehensive economic trade & investment partnership"

Herzlos

Thrugelmir wrote: »

I'm more concerned with the time and money that's wasted looking backwards. Rather than actually accepting the result and approaching the challenges ahead in a positive light.

I don't see any real forward thinking either. We've still got pretty much nothing when it comes to what an independent UK will be like. All the time and effort we've spent so far has been trying to justify our stance, sabre rattle or deal with the mountain of beaurocracy involved in Brexit itself.

Why the concern over London agencies. UK Companies are being bought by overseas concerns almost on a weekly basis. Brexit isn't all we need to be concerned about.

Ownership indicates where the control comes from and the money goes, but location indicates where the jobs are (and associated collateral - local housing, hotels, restaraunts, coffee shops, income tax, and so on).