Brexit, the economy and house prices part 5

phillw

Thrugelmir wrote: »

Germany seems to be bucking this trend. Thanks to a favourable exchange rate on entering the Eurozone.

The reasons why this happens are complex of course. What isn't complex is that people in germany are asking why they need the EU if they are so superior, the answer to that is people don't learn.

Thrugelmir

phillw wrote: »

The reasons why this happens are complex of course. What isn't complex is that people in germany are asking why they need the EU if they are so superior, the answer to that is people don't learn.

Indisputable fact that over the past 20 years Germany was transformed from the sick man of Europe. While others have continued to struggle and suffer. Money buys influence. Though political events in Germany are finely balanced currently. Another election would be interesting.

Private_Church

ilovehouses wrote: »

It costs money to maintain the single market structure. The UK is free to trade on WTO terms instead. It seems a moot point because the government acknowledge that a fee has to be paid - I assume the brainiacs in the background are running models to work out whether the fee represents good value vs trading on WTO terms.

I think everyone agrees we will need to pay a fee to access the single Market but the EU doesn't hold all the cards even though you imply they do.



"Of course, a high level aggregate approach of this nature obscures the direct impact on the
ground. It is unlikely to provide much comfort to a British exporter facing higher costs to learn
that overall the UK is a net ‘winner’ or to be told that his over
seas competitors are left in an
even worse position. However, the £12.9 billion in additional revenues would provide the UK
government with significantly more funds than our EU counterparts to invest in boosting the
UK economy, or to implement on ‘mitigat
ion’ measures to counteract the impact (within the
bounds of WTO rules)".


http://www.civitas.org.uk/content/files/potentialpostbrexittariffcostsforeuuktrade.pdf

posh*spice

Gosh don't you think the Irish could be a bit warmer? They have a free travel area with us, they are a net receiver of EU money, they are a tax haven - they just seem to be net takers and permanent complainers.

Or is it just me?

Thrugelmir

posh*spice wrote: »

Gosh don't you think the Irish could be a bit warmer?

As was discussed a couple of months back. There are very real concerns in Eire over the UK's departure. The dependence on the UK for much of Eire's trade, both imports and exports cannot be underestimated.

Apple have already preempted any further action by offshoring to Jersey. Eire's tax status, along with that of the Cyprus, Malta and Luxembourg is already coming under scrunity in Brussels from various quarters.

Politics is battling self interest on many fronts.

mrginge

posh*spice wrote: »

Gosh don't you think the Irish could be a bit warmer? They have a free travel area with us, they are a net receiver of EU money, they are a tax haven - they just seem to be net takers and permanent complainers.

Or is it just me?

Bluff and counter bluff is the name of the game.
When there’s difficult decisions to be made the best thing to do is pressure your opponent into blinking first.

cogito

phillw wrote: »

It's your only your opinion that it should be the other way round. You have excluded a lot more important facts.

Such as? Give a few examples and we can debate the issue.

mayonnaise

posh*spice wrote: »

Gosh don't you think the Irish could be a bit warmer? They have a free travel area with us, they are a net receiver of EU money, they are a tax haven - they just seem to be net takers and permanent complainers.

Or is it just me?

Yep.
Just you.

Of course, the Irish are in a bit of a peculiar geographical situation, with their EU trade having to pass through little england, but it looks like solutions are being found.

The arrival of the world’s largest ferry on a Dublin to continental Europe route has sparked post Brexit fears over trade at Holyhead port.
The 234m ro-ro freight ferry Celine is being introduced on an Ireland to Belgium route by cargo group CLdN - increasing capacity on that service.
There are concerns this is part of a wider trend to hike up capacity on routes to and from Ireland that by-pass the UK to avoid potential tariffs and customs delays after Brexit.

http://www.dailypost.co.uk/business/business-news/giant-boat-fuels-fears-holyhead-13812310

The UK, pretty soon a country to be by-passed.

tracey3596

posh*spice wrote: »

Gosh don't you think the Irish could be a bit warmer? They have a free travel area with us, they are a net receiver of EU money, they are a tax haven - they just seem to be net takers and permanent complainers.

Or is it just me?

It is certainly not just you. The following might not be recent but explains very nicely why Ireland are being as they are.
British exit could lead to Ireland paying more to EU

The prospect of a UK exit from the EU is raising concerns that Ireland and other net contributors to the European budget will have to increase payments to Brussels to make up for lost British contributions.
After receiving more than €42 billion in 40 years from Europe, Ireland quietly paid more into the EU budget than it received for the first time three years ago. A €53 million net contribution in 2013 was followed by another net contribution in 2014, estimated at €176 million.

https://www.irishtimes.com/business/economy/british-exit-could-lead-to-ireland-paying-more-to-eu-1.2656895

Like I said earlier in this thread, they're all reluctant to pay more into the EU's coffers.
Shame.

Thrugelmir

mayonnaise wrote: »

Of course, the Irish are in a bit of a peculiar geographical situation, with their EU trade having to pass through little england, but it looks like solutions are being found.

The UK, pretty soon a country to be by-passed.

80% of online purchases made in Eire are dispatched from the UK.

A ferry to Europe does little for UK their bound agricultural exports.

Over simplification of a complex issue with sweeping generalisations is so so easy.