Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Brexit, the economy and house prices (Part 3)

1294295296298300

Comments

  • Filo25
    Filo25 Posts: 2,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I have always felt that some people are being a bit too generous towards Trump in wondering why he has generally sounded supportive regarding Brexit, rather than giving us a good and fair deal I suspect he will view it as an opportunity to push for some more "America First" trade policies, it appears that my fears may not entirely be without foundation.


    Trump opposes EU-UK WTO deal in blow to May’s Brexit plans

    The Trump administration has joined a group of countries objecting to a deal between the UK and EU to divide valuable agricultural import quotas, in a sign of how the US and others plan to use Brexit to force the UK to further open its sensitive market for farm products.

    President Donald Drumpf has been one of the most prominent international backers of Brexit and has vowed quickly to negotiate a “beautiful trade deal” with the UK after it leaves the EU.

    But his administration’s objection to a preliminary plan, agreed to by Brussels and London over how to split the EU’s existing “tariff rate quotas” under World Trade Organisation rules after the UK assumes its own WTO obligations following Brexit, illustrates how Washington is likely to drive a hard bargain.

    It also undermines efforts by the May government in London this week to portray the WTO deal with the EU as a significant win, something made doubly painful by Mr Trump’s past backing of Brexit.

    https://www.ft.com/content/92bb5636-a95b-11e7-ab55-27219df83c97?segmentid=acee4131-99c2-09d3-a635-873e61754ec6
  • Herzlos
    Herzlos Posts: 15,924 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    His trade secretary has already commented publicly on how Brexit is an opportunity for them to take advantage of us, so I'm surprised people aren't much more wary of what they are going to try and do.

    When dealing with the US we need to remember the strict "America first (unless it benefits Trump)" policy. I'd be willing to bet he'll try and shoehorn something in there to get rid of the offshore windfarm that's ruining his golf course, too.
  • System
    System Posts: 178,354 Community Admin
    10,000 Posts Photogenic Name Dropper
    Trump wants a wedge between the EU and UK. Both become 'weaker petitioners' as a result.

    America First - clue in the slogan.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Herzlos wrote: »
    His trade secretary has already commented publicly on how Brexit is an opportunity for them to take advantage of us, so I'm surprised people aren't much more wary of what they are going to try and do.

    Rather late in the day to concern oneself with US Corporate activity. To regain control UK investors have to hold long term stakes in UK companies. Not cash in at the first sign of profit.
  • System
    System Posts: 178,354 Community Admin
    10,000 Posts Photogenic Name Dropper
    Thrugelmir wrote: »
    Rather late in the day to concern oneself with US Corporate activity. To regain control UK investors have to hold long term stakes in UK companies. Not cash in at the first sign of profit.

    Is there any evidence UK investors are more short-termist than investors in any other nationality?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hammond said the UK had to prepare for the possibility of a “bad-tempered breakdown” in relations with the EU. A “no deal” Brexit could be relatively friendly, he said, or it could involve acting in a very damaging way. He told MPs He said there was a theoretical possibility that a “no deal” Brexit could lead to planes not being able to fly from the UK to the EU'. I just can't get my head around how anyone thinks all the hassle we are going to go through is worth it?
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    Moby wrote: »
    Hammond said the UK had to prepare for the possibility of a “bad-tempered breakdown” in relations with the EU. A “no deal” Brexit could be relatively friendly, he said, or it could involve acting in a very damaging way. He told MPs He said there was a theoretical possibility that a “no deal” Brexit could lead to planes not being able to fly from the UK to the EU'. I just can't get my head around how anyone thinks all the hassle we are going to go through is worth it?


    Why would they do that UK tourists spend twice as much in other countries as tourists spend in the UK

    Also a lot of the flights to and from the EU are EU nationals flying between the UK and the block.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is there any evidence UK investors are more short-termist than investors in any other nationality?

    Plenty. Take any household German name and you'll find that in some way they were connected to the war effort.
  • System
    System Posts: 178,354 Community Admin
    10,000 Posts Photogenic Name Dropper
    Thrugelmir wrote: »
    Plenty. Take any household German name and you'll find that in some way they were connected to the war effort.

    I was thinking more along the lines of showing the UK investor held their investments for a shorter period.

    But yes some well known German brands were associated with their war effort.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    But yes some well known German brands were associated with their war effort.

    Plenty of lesser known ones too. Even Blohm & Voss who built U boats are still in business in Hamburg. Though not in the same line. Ownership isn't just about investment. It's a social responsibility towards future generations. As without the companies there's no jobs and the risk of a loss of skills.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.