Brexit, the economy and house prices (Part 3)

Thrugelmir

ilovehouses wrote: »

The thing is that the EU do tend to agree.

Plenty of differences of opinion.

System

Thrugelmir wrote: »

Plenty of differences of opinion.

..generally followed by a unanimous vote.

posh*spice

A_Medium_Size_Jock wrote: »

Ahem.
Are you going to ignore the taunting and baiting from the remainers posting on this page then?
It's fairly obvious from that alone just who Theresa May's speech has not delivered for.
Yay say I.

Ha ha I'm not angry. I think it's a great day.

Brexit is becoming a reality.

Thrugelmir

ilovehouses wrote: »

..generally followed by a unanimous vote.

Majority voting weighted towards the larger western European countries. France and Germany provide a formidable axis.

setmefree2

posh*spice wrote: »

Ha ha I'm not angry. I think it's a great day.

Brexit is becoming a reality.

I'm not so sure tbh.

I think big business and money might win this. It's the way of the world since 1066.

I want you to be right. I like it when the little guy wins.

Anyhows, I will carry on routing for Brexit.

setmefree2

Tbh TM was a probably a mistake. Dominic Raab would be my next choice for leader.

He will take Britain out of the EU and I like young leaders. I can't stand all these old people tbh. Politicians should retire at 60. Joke.

CKhalvashi

We send the EU £350m a week.

Lets spend it servicing the interest on the national debt instead.

http://www.independent.co.uk/news/business/credit-rating-brexit-uk-downgraded-latest-news-theresa-may-aa2-moodys-a7962532.html

Moby

Yes as you say:-

https://m.moodys.com/Research.html?docid=PR_372649

Moody's Investors Service, ("Moody's") has today downgraded the United Kingdom's long-term issuer rating to Aa2 from Aa1 and changed the outlook to stable from negative. The UK's senior unsecured bond rating was also downgraded to Aa2 from Aa1.

The key drivers for the decision to downgrade the UK's ratings to Aa2 are as follows:

1. The outlook for the UK's public finances has weakened significantly since the negative outlook on the Aa1 rating was assigned, with the government's fiscal consolidation plans increasingly in question and the debt burden expected to continue to rise;

2. Fiscal pressures will be exacerbated by the erosion of the UK's medium-term economic strength that is likely to result from the manner of its departure from the European Union (EU), and by the increasingly apparent challenges to policy-making given the complexity of Brexit negotiations and associated domestic political dynamics

.

Arklight

Matt_L wrote: »

It's interesting to see how we view the last 15 or so months differently.

The referendum gave a clear result, we will leave the EU and that means giving up membership of the SM and CU, both leave and remain made this extremely clear during the referendum.

The Tory's and labour stated during the recent election that coming out of the SM and CU was their goal(as members) and therefor 80% of those that voted went with the Tory's or labour. Imo another crystal clear sign that underpinned the referendum result..

Today TM made it very clear, again, that we will be leaving the SM and CU (as members)....

I'm sorry but no such thing was said.

You can't just airbrush history because it doesn't suit what you want to believe now.

The Remain side, which was all the Tory politicians in a Tory government who are now pretending they all wanted Brexit after all, did not predict withdrawal from the single market in the event they lost the referendum.

https://fullfact.org/europe/conservative-manifesto-single-market/

The leaflet didn’t say outright that leaving the EU meant leaving the single market. It did contrast the advantages of “full access” to the market that the UK has as a member of the EU with the uncertainty and lack of full access that might occur if the UK voted to leave.

As far as the Tories' manifesto pledge in 2015 towards the single market.

We are clear about what we want from Europe. We say: yes to the Single Market. Yes to turbocharging free trade. Yes to working together where we are stringer together than alone. Yes to a family of nation states.”

No one who voted for the Tories in 2015 would have thought they were voting to leave the single market, nor could they have for voting for Brexit based on the information the government gave.

The last time country went to the polls to vote for a government predicting a hard Brexit was this year. Where the Tories failed to gain enough seats to form a government.

Moby

Is there any meaningful difference apart from 2 years instead of 3 between this speech and what Kier Starmer suggested a few weeks ago.
Indeed Starmer has been advocating a transition or interim deal since September 2016 but it has took the PM a year longer to reach this conclusion; at least in public as I reckon her and Davis have known this for a long time but had to get the cabinet and most Tory leavers on side.

The next GE could take place before a final deal is concluded even if it last the full term? From what I’ve read, the remainer strategy is to string out the transition period until the mid-2020s, and then have another referendum on whether to accept leaving on whatever terms have been agreed, or remaining in the EU on the current terms. Their general hope being that by then demographics will have shifted in their favour as many of the elderly leave voters won’t be around by then.;)