Brexit, the economy and house prices (Part 3)

mayonnaise

This is a thread to discuss the Eurozone economy.


Eurozone upturn regains momentum in September

Flash Eurozone Manufacturing PMI Output
Index(4) at 59.5 (58.3 in August). 77-month high.

Flash Eurozone Manufacturing PMI(3) at 58.2
(57.4 in August). 79-month high.

https://www.markiteconomics.com/Survey/PressRelease.mvc/1f59a8757d5e43f993a93c1afe879a37

ukcarper

Herzlos wrote: »

We already know that most of Europe doesn't care about Brexit. It barely affects most of them.

It also seems that a lot of Europe isn't that interested in what May has to say.

It may be an opinion piece from a Remainer, but I don't doubt that the photograph is genuine.

They might think that but if we leave acrimoniously with no trade deal and paying nothing it will effect them.

System

Herzlos wrote: »

It may be an opinion piece from a Remainer, but I don't doubt that the photograph is genuine.

The OECD figures aren't really an "opinion" either imo.

Thrugelmir

ukcarper wrote: »

The mistake the Tories made was to call the referendum in the first place but that has been done now.

The mistake was the EU's in not recognising that many people aren't in tune with their vision and being inflexible with regards to same.

A_Medium_Size_Jock

Joeskeppi wrote: »

Yesterday you posted an opinion piece by Diane James and then posted this.

Did it stop that?
Also, show me any fact in that opinion piece?
Can you?
In fact there are still some trying to redefine a dictionary definition as a result of my post yesterday.

Herzlos

ukcarper wrote: »

They might think that but if we leave acrimoniously with no trade deal and paying nothing it will effect them.

Not by anything like as much as we like to think it will. It'll affect some of the 500m people, but most will barely notice.

mayonnaise wrote: »

Do you really think your kids are going to be more employable post brexit?
You're in for a rude awakening...:o

There's going to be a lot of rude awakening coming up.

A_Medium_Size_Jock

Herzlos wrote: »

We already know that most of Europe doesn't care about Brexit. It barely affects most of them.

It also seems that a lot of Europe isn't that interested in what May has to say.

It may be an opinion piece from a Remainer, but I don't doubt that the photograph is genuine.

You do realise that the photo was taken at yesterday's United Nations meeting, right?
And that as such, representatives from around the world attended at some time?
There is much more to the UN than Europe you know.
It is more likely that the world does not much care about Europe or Brexit.;)

A_Medium_Size_Jock

Joeskeppi wrote: »

The OECD figures aren't really an "opinion" either imo.

Wrong.
They are a forecast, so they are in fact just that; an opinion.
Would you like a little list as an example of how frequently the OECD get their forecasts wrong?
https://www.theguardian.com/business/2016/sep/21/oecd-does-a-u-turn-over-brexit-warning-as-it-revises-growth-forecast-for-britain

https://www.forbes.com/sites/timworstall/2014/12/09/the-oecds-extraordinarily-bad-report-on-inequality-and-gdp-growth/#1d127ca2e08b

http://oecdobserver.org/news/fullstory.php/aid/4344/Getting_the_forecast_wrong.html

Honey_Badger

Moby wrote: »

Really?.....do you think restricting the freedom of movement of your children to work throughout Europe is giving them a future! There again from what you were saying they would probably have not taken advantage of it anyway. My parents encouraged their children to leave home and find work/housing in different parts of the country. They brought us up to be independent and to acknowledge the world didn't owe us a living because we were British. That world has gone!

I'm always intrigued as to why EU freedom of movement is viewed as being so vital for UK children's future. Something over 4 million British citizens live outside the UK whilst about only a million of those live in the EU, of which quite a few are retired.

From that and my personal experience it would seem like the rest of the world outside of the EU offers a better future for British children.

mayonnaise

The view from Canada.

The British call it the "copy and paste" strategy: the fond hope their country will be able to duplicate the trade agreements it enjoys as a member of the European Union once it leaves the group in 2019.

It's a shrunken ambition for those who campaigned for Brexit.

After all, breaking free of the EU was supposed to restore a golden age of free trade as countries rushed to renegotiate deals with a Britain free of Eurocratic interference.

The best now on offer, it seems, is to try to hang on to the deals Britain already has under the EU.

And as Britain turns to Canada and other nations to try to shore up its trade networks, its negotiators face a similar problem: everyone knows they are desperate for a deal.

And this Thursday, Canada will gain precisely what the U.K. is now on course to lose: free trade with the European Union.

What a shambles.

http://www.cbc.ca/amp/1.4294708