Brexit, the economy and house prices (Part 3)

System

Thrugelmir wrote: »

How the EU27 fund themselves is a matter for them. Without doubt there's much disagreement. Reliance on contributions alone isn't enough. A form of centralised taxation policy has to be on the agenda.

How much extra do you think they need to raise as a result of brexit?

System

A_Medium_Size_Jock wrote: »

Yes I can explain it.
Use Google instead of getting others to do your work for you.

Good tip..

Sterling fell one percent to a three-week low on Monday as manufacturing surveys added to a string of recent data releases showing the British economy was struggling to gain momentum.

https://uk.reuters.com/article/britain-sterling-close/long-sterling-bets-crushed-by-weak-data-brexit-worries-idUKL4N1MD3K5

Must have been some terrible data if the effect on sterling was worse than the imminent collapse of the EU was on the Euro.

System

Thrugelmir wrote: »

There is no formal timetable........... Never was.

Well if there's no timetable Davis can't have climbed down about it then. Sounds like an idea inspired by Bobby Ewing's shower scene.

Herzlos

A_Medium_Size_Jock wrote: »

A specsavers moment?
Over 40 posts in this thread today - and you post yet another one of yours with no relevance to the thread and with no discussion yet grumble about a thread "almost entirely devoid of discussion"?
Unbelievable!
Sadly it looks like you too don't want to discuss, you want to post scorn and contempt.


FYI the last post I made with no comment was regarding Spain, Catalonia and the EU; it requires no comment since it follows-on from earlier posts.
But why let that stop your condescension?
http://www.politico.eu/article/catalonia-referendum-independence-as-spain-falls-apart-europe-is-tongue-tied/

There was discussion content in the rate and lyle copy paste post?

There's a huge number of link + selective quote posts on here. Any I try to discuss seem to just get evaded with irrelevant pedantry whilst dodging the point.

Maybe it's me, since English is my 2nd language, being a weegie. I might just give up.

Thrugelmir

ilovehouses wrote: »

Well if there's no timetable Davis can't have climbed down about it then. Sounds like an idea inspired by Bobby Ewing's shower scene.

The Ewing's are a fairly good representation of the EU.

Thrugelmir

ilovehouses wrote: »

Spain's apparently falling apart, the EU are at sixes and sevens and you highlight the knock-on effect on the Euro today.

Not as much as the media portrays. Though easier to understand why Europe was at war with itself over hundreds of years. Country borders have no meaning. Nor is Spain controlled by Franco's iron fist. This is sovereign issue for Spain to address. EU intervention effectively means taking sides. Which could result in little more than further unrest.

System

Thrugelmir wrote: »

Not as much as the media portrays. Though easier to understand why Europe was at war with itself over hundreds of years. Country borders have no meaning. Nor is Spain controlled by Franco's iron fist. This is sovereign issue for Spain to address. EU intervention effectively means taking sides. Which could result in little more than further unrest.

That would be my view too - it's being over-egged. The impact on the EU is likely minimal and brexit close to nothing.

mayonnaise

Back on topic. The thread is not about Catalonia, no matter how much the detractors would like it to be.

UK construction sector moves back into reverse gear

Actually contracting now. Blimey.

The seasonally adjusted IHS Markit/CIPS UK
Construction Purchasing Managers’ Index®
(PMI®) registered 48.1 in September

If anyone needs to know what an index below 50 means, just ask.
https://www.markiteconomics.com/Survey/PressRelease.mvc/d27871f3c53a48d1ad8b0aa9aeb7409c

HAMISH_MCTAVISH

While the Eurozone Construction PMI released yesterday shows it's powering ahead at 58.1 for the same month.

Eurozone manufacturing job creation hits survey-record high in September

Conditions in the euro area manufacturing sector strengthened to the greatest extent in over six-and-a half years during September.

https://www.markiteconomics.com/Survey/PressRelease.mvc/ce5a4153e22c409198325fa3176fc7ea

mayonnaise

HAMISH_MCTAVISH wrote: »

While the Eurozone Construction PMI released yesterday shows it's powering ahead at 58.1 for the same month.

https://www.markiteconomics.com/Survey/PressRelease.mvc/ce5a4153e22c409198325fa3176fc7ea

Hamish, before the representative from the Ministry of Truth comes down on you like a ton of bricks, I need to point out that you're linking to the Eurozone manufacturing PMI, not the construction one.

But yes, it's a stark contrast.
UK in the doldrums while the EU, freed from the shackles of the UK, powers ahead, firing on all cylinders. :T