Brexit, The Economy and House Prices (Part 2)

gfplux

Just for nothing. As it appears only remainders want to talk about Britains new free trade deals.
I was in the "English" isle of a French Supermarket today. Not my normal habit.
A bottle of HP sauce. Now is there nothing more British than HP brown sauce.
Guess where it's made.
Holland.
So that's one product the Americans will not have on their UK shopping list.

gfplux

kabayiri wrote: »

It's pretty clear how the UK government underestimated the level of antipathy amongst the public towards migration.

This is as much about a division between the electorate and the political class.

It's the same if you consider that parliament has more Remainer MPs.

What do you have if you don't have MPs who understand the top concerns of their voters?

There is an exception of course. The new Manchester mayor is only too keen to listen to those of a certain religious persuasion. They probably remind him daily how they vote like the Borg would vote.

I agree with you. This disconnect appears to have grown the more means of communication we have at our fingertips.
Keeping it Brexit related the remain campaign ran mainly by the "establishment" pressed all the wrong levers. Talking about London (Rich) bankers losing their jobs or the damage to the Stock exchange had nothing to do with the lives of ordinary people coping with the normal problems of life.
When Theresa May made her speech outside number 10 exactly one year ago I thought, wrongly, "she gets it" but of course she didn't.
As you say there are many remainders in Parliament but (of course this is my opinion as it would be)
Brexit is like the King with no cloths. There he is walking the streets towards disaster and no one is brave enough to shout out "the king has no cloths"
It might be a little out of step with a large number (18million) of people but their BEST INTERESTS are not served by Brexit.
However is it TRUE democracy to allow the king to continue to walk naked down the street.
Is it Democracy if "mum knows best"?

Matt_L

gfplux wrote: »

Just for nothing. As it appears only remainders want to talk about Britains new free trade deals.
I was in the "English" isle of a French Supermarket today. Not my normal habit.
A bottle of HP sauce. Now is there nothing more British than HP brown sauce.
Guess where it's made.
Holland.
So that's one product the Americans will not have on their UK shopping list.

Maybe its because they're sick to death of your one sided arguments. You don't seem to understand, it doesn't matter what you think, say or what rubbish you spout we are leaving. Its very clear to me that you would love to see the UK fail, you are probably praying for it to go horribly wrong, but it won't..

By the way HP stopped production in 2006, perhaps if we would have left the EU earlier it may still be here...

cogito

gfplux wrote: »

Just for nothing. As it appears only remainders want to talk about Britains new free trade deals.
I was in the "English" isle of a French Supermarket today. Not my normal habit.
A bottle of HP sauce. Now is there nothing more British than HP brown sauce.
Guess where it's made.
Holland.
So that's one product the Americans will not have on their UK shopping list.

Very entertaining. HP Foods Ltd haven't been British for decades. After Imperial sold them to Danone, they were then sold to Heinz who are American. You'll be telling us next that Yorkshire Tea doesn,t come from Yorkshire.

It,s amazing how much hope is pinned on free trade deals. They are very desirable in the sense that two countries agree to drop tariffs on each others' products. Unless you happen to be the EU which loudly proclaimed last week that it had signed a trade deal with the Japanese. It hadn't. It had merely come to an agreement in principle about a possible trade deal which is at least a couple of years away and is already running into difficulty about tariffs on Camembert cheese of all things. The two countries then have to draw up schedules of thousands of products and agree on which are tariff free (free trade) and which are not (not free trade). Then both sides will play fast and loose with the agreement - the Japanese in particular who will find all kinds of reasons not to import particular products because they are even more protectionist than the EU and simply want tariff free access to the EU.

The benefit to the UK of a free trade deal with the EU would be no single market, no free movement, no payment of billions a year to them and no ECJ jurisdiction. If the EU want it.

always_sunny

cogito wrote: »

The benefit to the UK of a free trade deal with the EU would be no single market, no free movement, no payment of billions a year to them and no ECJ jurisdiction. If the EU want it.

And if the EU doesn't want it?
I do wonder whether folks in the UK are really going to give up EU products or just pay more for them.

cogito

ilovehouses wrote: »

Most of the simplicity of trade across Europe is due to operating to the same standards and that isn't free to run by the way. Practically the biggest hurdle is agreeing product standards.

Most standards are prescribed by the International Organisation for Standardisation based in Switzerland. All countries of the EU and many others are members. This is a non-issue.

cogito

always_sunny wrote: »

And if the EU doesn't want it?
I do wonder whether folks in the UK are really going to give up EU products or just pay more for them.

Why wouldn't the EU want it. If we have to revert to WTO tariffs, it will cost the EU more as we buy more stuff from them than they do from us.

kabayiri

always_sunny wrote: »

And if the EU doesn't want it?
I do wonder whether folks in the UK are really going to give up EU products or just pay more for them.

It's happened elsewhere.

If you ever get to visit a place like Canada, you can't help but notice the change in the models of cars on the road.

I can see why. My sis priced up the equivalent Volvo SUV to the Korean car she ended up buying. Adding in all the spec it was something like $20K dollars more! That's not small change.

Problems for UK post Brexit can be seen in a different light, in that they are opportunities for other countries. I know about one Asian IT firm considering a significant purchase of UK business.

A_Medium_Size_Jock

gfplux wrote: »

Oh dear,
Australia just slapped Brexit in the mouth.

"Australia's historical relationship with the UK is now one of "yesteryear," the country's trade minister told the European Parliament today, as he stressed that doing a free trade deal with the EU was now a greater priority for Australia than doing one with post-Brexit UK.
"I see the European Union FTA [free trade agreement] as certainly commencing formal negotiations well and truly prior to anything that might happen with the UK," Steve Ciobo told MEPs this morning."

http://www.politics.co.uk/news/2016/09/08/australian-trade-minister-says-special-relationship-with-uk?utm_content=bufferd0ea4&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

If you are going to persist in your pro-EU propaganda you could at least make it current. Even nearly-current would do, but there you are not only attempting deceit but demonstrating remarkably poor timing given today's headlines.

A year old report (aimed at doing an EU deal BTW) is not up-to-date, the below is - in fact it is from this afternoon:

Australia's Prime Minister has said his country wants to "speedily" agree a free trade deal with Britain after Brexit.
Speaking alongside Theresa May during a joint news conference at Number 10, Malcolm Turnbull said: "As Britain moves to completing its exit from the EU, we stand ready to enter into a free trade agreement with the UK as soon as the UK is able to do so.

http://news.sky.com/story/australian-pm-wants-speedy-free-trade-deal-with-uk-post-brexit-10943745

Turning to the PM, he added: "I know Theresa that you believe passionately that the British people can do anything, can achieve anything and that your post-Brexit Britain will be a Britain with big horizons, big opportunities, free trade, open markets.
"You're right, that is the future. That's where our prosperity has been delivered and I know that it's where your prosperity will come."

Also: http://www.bbc.co.uk/news/uk-politics-40555634

Thrugelmir

ilovehouses wrote: »

That's not quite right. If you buy something from an American company its already mutually beneficial. You don't need to sell them something back.

It does makes me smile when people get excited about the queue of countries lining up to flog us stuff. It's as if we should be honoured to buy stuff of them.

We are discussing the basis of a trade agreement that's all. Selling internationally is hard work. Nothing is a given. Hence our huge trade deficit with the EU.