Brexit, the economy and house prices (Part 3)

A_Medium_Size_Jock

Another "obscure source"?

A petition to end Brexit talks and leave the EU immediately:
https://petition.parliament.uk/petitions/200165

There is as usual with these petitions an interactive map.
Currently at circa 28,500 signatures and rising.

kabayiri

mrginge wrote: »

Ah the great oracle speaks.

Such irony from someone who becries the uneducated being allowed to voice opinions on subjects they know nothing about.

One thing the EU referendum has shown is that the educated middle classes really do not value the vote of individuals lower down the scale.

They wrap up their bias in Gina Miller style campaigns, but it's still bias towards their own interests.

HAMISH_MCTAVISH

kabayiri wrote: »

It is not written in stone that you need to import people on a permanent basis. .

It is when you breed below replacement level.

You need to attract young people to move here and breed more replacements, otherwise you never end the cycle of needing to import migrants forever.

HAMISH_MCTAVISH

kabayiri wrote: »

One thing the EU referendum has shown is that the educated middle classes really do not value the vote of individuals lower down the scale.

And another thing the EU referendum has shown is that some of the wealthy elites are willing to exploit and manipulate individuals lower down the scale to support their own vested interests.

Johnson, Farage, Banks, et al won't be struggling to put food on the table when all our living standards are lowered because of Brexit.

kabayiri

HAMISH_MCTAVISH wrote: »

And another thing the EU referendum has shown is that some of the wealthy elites are willing to exploit and manipulate individuals lower down the scale to support their own vested interests.

Johnson, Farage, Banks, et al won't be struggling to put food on the table when all our living standards are lowered because of Brexit.

That's been going on for decades, quite independent of Brexit.

Soros didn't rely on Brexit to make an absolute fortune out of our dalliance with the ERM.

Branson; Green; Gates; Abramovich; they have all benefited from change outside of Brexit.

We have more billionaires on this planet than ever before. Staying in the EU won't stop the numbers increasing.

kabayiri

HAMISH_MCTAVISH wrote: »

It is when you breed below replacement level.

You need to attract young people to move here and breed more replacements, otherwise you never end the cycle of needing to import migrants forever.

Why don't you look closer to home? Scotland is failing to attract migrants in anything like the quantities down south, and some Scots are not breeding to make up the gap.

Even Nicola S doesn't see the contribution she could have made.

Thrugelmir

gfplux wrote: »

Infact who are anti Brexit alledge they have found 8 u turns in her Florence speech.
You may not agree but it makes an interesting read,

Would you prefer a hard Brexit then or an agreed compromise. The UK is proactively making suggestions. While the EU itself is obviously bogged down in individual national interest.

Surprised that you haven't analysed Juncker's speech to the same degree. As surely it's the future direction of the EU that needs to be considered. If people are to be convinced to remain.

Fella

HAMISH_MCTAVISH wrote: »

I'm yet to hear anyone in government tell business and industry which section of the economy they want to starve of labour?

Automation, both the software kind and the robotic kind are going to make huge swathes of jobs obsolete in the relatively near future. In my own industry (IT) SDN is making it simple to automate standard repeatable configuration jobs that would previously have required an entry-level or mid-level Cisco guy to configure. The blue-chip I work for is literally doing this currently and people are being laid off directly because of it. This is going to happen across the board. The problem that will face developed countries much sooner than people may realise is NOT shortage of Labour. It's going to be the complete opposite. Shortage of jobs that require human intervention.

A_Medium_Size_Jock

A Japanese viewpoint of the EU - written by a German for the Japan Times. Besides being a professor of economics, the author also serves on the German economic industry's Advisory Council.

MUNICH – A group of hikers has lost its way. They want to get to a castle on a hill in the distance, but the path they are on seems to be leading in a different direction, and their leader’s only advice is to hurry up.
Today, the eurozone is in the same situation as those hikers. It has become increasingly clear that establishing the euro was the wrong path to take. The single currency caused an inflationary credit bubble in Southern Europe. When the bubble burst, the region’s competitiveness was destroyed, and Northern Europe was called on to provide huge loan guarantees, public credit and transfers. These measures have sustained the wrong relative prices that resulted from the bubble, and papered over the underlying problem.

https://www.japantimes.co.jp/opinion/2017/09/24/commentary/world-commentary/junckers-road-map-european-disaster/

A_Medium_Size_Jock

Fella wrote: »

Automation, both the software kind and the robotic kind are going to make huge swathes of jobs obsolete in the relatively near future. In my own industry (IT) SDN is making it simple to automate standard repeatable configuration jobs that would previously have required an entry-level or mid-level Cisco guy to configure. The blue-chip I work for is literally doing this currently and people are being laid off directly because of it. This is going to happen across the board. The problem that will face developed countries much sooner than people may realise is NOT shortage of Labour. It's going to be the complete opposite. Shortage of jobs that require human intervention.

Quite so.
Another good example of this comes from the Telegraph a few weeks ago, regarding teaching:

Robots will begin replacing teachers in the classroom within the next ten years as part of a revolution in one-to-one learning, a leading educationalist has predicted.
Sir Anthony Seldon, Vice-Chancellor of the University of Buckingham, said intelligent machines that adapt to suit the learning styles of individual children will soon render traditional academic teaching all but redundant.

http://www.telegraph.co.uk/science/2017/09/11/inspirational-robots-begin-replacing-teachers-within-10-years/

Doctors too, maybe:

Prepare Yourselves, Robots Will Soon Replace Doctors In Healthcare

https://www.forbes.com/sites/haroldstark/2017/07/10/prepare-yourselves-robots-will-soon-replace-doctors-in-healthcare/#33858fd752b5

http://www.telegraph.co.uk/technology/2017/03/07/robots-will-soon-able-diagnose-accurately-almost-doctor/

Okay so this is not happening right now - but it looks more and more likely that even if the two examples I include above never come to pass, such technology will (as Fella has said) "make huge swathes of jobs obsolete in the relatively near future".
https://www.theguardian.com/technology/2017/apr/15/uk-government-urged-help-low-skilled-workers-replaced-robots

https://gizmodo.com/robots-are-already-replacing-human-workers-at-an-alarmi-1793718198