Brexit, the economy and house prices part 5

Rough_Justice

BobQ wrote: »

Where in your post do you claim to be contributing to the debate in the title?

I guess your entire post kinda proves my point, sadly.
FYI regarding the quote above, you actually include the link I provided which is indeed relevant to "debate". Perhaps if you had read it you would have seen that, rather than be in such a rush to have a grumble of your own.
From that link comes this example

"In terms of the wider public debate, Brexit has also provoked a wider awareness of international trade and global economics which many people weren't familiar with until recently." from MP Chris Leslie

Rough_Justice

ilovehouses wrote: »

It must be the season of goodwill if you've taken LSE economists off the naughty list.

Unlike my children I am of an age where I do not have a "naughty list" but if you need one fair enough I suppose.
(I don't write a list to Santa either.)

Are you disagreeing with the figures in that post and suggesting the economists are wrong??
Or are you suggesting these economists are wrong in that the EU does not trade vast sums outside it's own bloc?

Herzlos

tracey3596 wrote: »

Didn't you know that people are allowed to talk and throw forward ideas?
Some refer to that process as brainstorming and it is widely accepted as being a useful part of the process in formulating effective new strategies.

When the talk becomes a proposal in Parliament we can wittle and worry but before then is at best premature.

Ah ok. So you only rail against abuses of your freedoms (speculative or not) when they come from a foreigner. That's fair enough, but it'd be nice to be up front about it.

phillw

Rough_Justice wrote: »

Or are you suggesting these economists are wrong in that the EU does not trade vast sums outside it's own bloc?

Of course the EU trades outside the bloc, but companies from outside the EU prefer to embed themselves inside the EU because of the benefits of doing so.

If Japan couldn't do a better trade deal with the EU and instead moved their car manufacturing to the UK, then it needs a very special kind of blind optimism to think we stand a better chance.

Of course back then we were cheering the EU for standing strong and stable because it benefited us, while now we want them all to bend over and take it.

System

Ballard wrote: »

Unless I’m completely misremembering, one of the main mantras of the leave campaign was that they need us more than we need them and that they’d be banging down our door to sign trade deals.

You aren't misremembering.

tracey3596

Ballard wrote: »

Oh okay. Seems very odd that no deals have been signed already then.

When EU rules say this is not possible and doing so would leave us wide-open to future fines, which they would love?
Okay.
Right.
:rotfl:

tracey3596

UK factories enjoy another three-decade high for orders

The Confederation of British Industry said on Monday its industrial order book balance remained at +17 in December, its joint highest level since August 1988.

https://uk.reuters.com/article/uk-britain-manufacturing-cbi/uk-factories-enjoy-another-three-decade-high-for-orders-idUKKBN1EC184


Another bit of good news which no doubt certain posters here will either ignore or try to pick holes in.

tracey3596

Herzlos wrote: »

Ah ok. So you only rail against abuses of your freedoms (speculative or not) when they come from a foreigner. That's fair enough, but it'd be nice to be up front about it.

You're just making it up as you go along and trying to goad me but all you're doing is making yourself look bad.
Can you not make a realistic point instead of inferring prejudice that isn't there?
A hint.
You do not know my nationality, my background or that of my family.

Ballard

tracey3596 wrote: »

When EU rules say this is not possible and doing so would leave us wide-open to future fines, which they would love?
Okay.
Right.
:rotfl:

We are allowed to sign deals with the EU. As per my earlier post it was the likes of VW & BMW who were supposedly going to insist that free trade with the UK was maintained.

They need us more than we need them, remember?

tracey3596

Ballard wrote: »

Unless I’m completely misremembering, one of the main mantras of the leave campaign was that they need us more than we need them and that they’d be banging down our door to sign trade deals. The likes of BMW & Volkswagen were predicted to have been pressuring Merkel to ensure that they didn’t lose the massive UK market.

With hindsight that all seems a rather optimistic viewpoint now but hopefully things will change soon.

It is very interesting how you choose to interpret what has been said.
But never mind that, explain if you will which way the money flows between the EU and the UK vis-a-vis trade?

The UK imported around £60 billion more goods and services from the rest of the EU than it exported there in the 12 months to September 2016

https://fullfact.org/europe/uk-trade-deficit-eu/

Can you see that?
The EU sells us around £60 billion more than we sell them.
Per year.
They should then be paying us for access to our markets, shouldn't they?