Brexit, the economy and house prices part 5

Rinoa

gfplux wrote: »

Amazing numbers quoted in the Irish time.
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"The Republic’s economy is four times larger, generated by a work force that is only two and a half times bigger. The Republic’s industrial output is today 10 times that of the North. Exports from the Republic are 17 times greater than those from Northern Ireland, and average income per head in the Republic, at €39,873, dwarfs the €23,700 across the Border.
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Are those numbers correct, if so WOW!
https://www.irishtimes.com/northern-ireland-and-the-tripadvisor-index-of-economic-vibrancy-1.3311077?mode=amp

It's no doubt beneficial to not bother with a defence budget, knowing you can hide behind the skirts of your bigger neighbours, whilst at the same time entering into dubious scams with multinationals to defraud those same neighbours of their rightful corporation tax.

Ring any bells?

Thrugelmir

gfplux wrote: »

----
Are those numbers correct, if so WOW!

From the article.

The differences aren’t just economic; they are cultural, not only in the sense of flags and commemorations but also socioculturally.

And this is where the TripAdvisor index comes in, revealing that the North is another country in a different sense. Take Kilkenny and Armagh, a similar-sized Northern town with city status. TripAdvisor has reviews of 176 restaurants in Kilkenny but of just 43 in Armagh. The entry for Coleraine has only 58, for Antrim just 49.

This tells its own story of small-business activity, how we socialise, how we spend money and how society is structured. The North is different.

Was in Kilkenny in September. Kilkenny is a tourist desination (over whelmingly American) situated on the Ring of Kerry. Full of accomodation.

The article has a distinct slant to it. There's plenty of Eire which isn't benefiting from the Dublin effect. Very rural. Very poor. Very dependent on tourism.

That's the problem of living where you do. Easy to forget that many aren't benefitting from the boom. Yesterday was up in Sunderland. Makes you realise how tough life is for many.

cogito

Rinoa wrote: »

It's no doubt beneficial to not bother with a defence budget, knowing you can hide behind the skirts of your bigger neighbours, whilst at the same time entering into dubious scams with multinationals to defraud those same neighbours of their rightful corporation tax.

Ring any bells?

They don't have an NHS either.

Backbiter

Thrugelmir wrote: »

From the article.




Was in Kilkenny in September. Kilkenny is a tourist desination (over whelmingly American) situated on the Ring of Kerry. Full of accomodation.

The article has a distinct slant to it. There's plenty of Eire which isn't benefiting from the Dublin effect. Very rural. Very poor. Very dependent on tourism.

That's the problem of living where you do. Easy to forget that many aren't benefitting from the boom. Yesterday was up in Sunderland. Makes you realise how tough life is for many.

Kilkenny is nowhere near the ring of Kerry.
I suspect you were in Killarney.

gfplux

Rinoa wrote: »

Even you must be aware of the difference between our obligations and an EU wish list.

I am well aware both sides have a different figure in mind. The courts will decide if it becomes necessary.

Rough_Justice

gfplux wrote: »

I am well aware both sides have a different figure in mind. The courts will decide if it becomes necessary.

Again, what courts?
See posts 2086 & 2087.

Herzlos

vivatifosi wrote: »

If the UK falls out of the EU without a deal and doesn't pay the EU, what court will have the jurisdiction to make them pay?

WTO can handle such disputes, very slowly.

In more direct terms the EU could become very difficult with us in terms of pretty much everything except trade which is assured by the WTO.

It's honestly worth paying to try and retain some shred of trustworthiness.

kabayiri

The longer term repercussions of a nasty Brexit break up could be more severe.

Europe has spent more time in-fighting than in some kind of peaceful club.

It wouldn't be that difficult to see old tensions resurface.

This current generation of UK and EU politicians will set the tone. It's important they try and get it right.

vivatifosi

Herzlos wrote: »

WTO can handle such disputes, very slowly.

In more direct terms the EU could become very difficult with us in terms of pretty much everything except trade which is assured by the WTO.

It's honestly worth paying to try and retain some shred of trustworthiness.

As I've said on here before, I voted remain and think that falling out of the EU with no deal would be terrible, but I still wanted to ask the question philosophically.

I try to ask lots of questions and bottom out issues from both sides, as it's the only way to get to the crux of the matter.

Do I think we should pay? Yes
Do I think we can be forced to pay in a no deal scenario? I'm not convinced.

Herzlos

As far as I understand it even a "no deal" (WTO) trading agreement will still require lots of deals to be made; timings like aviation authority and hand-over, fishing areas, standards etc.