Brexit, the economy and house prices part 5

tracey3596

ilovehouses wrote: »

I should hope so.

The UK remains in the single market, our goods have become cheaper and our customers are enjoying some pretty decent economic growth.

Oh I see, so the threatened "immediate and severe recession" just for daring to vote leave has been forgotten has it?
If this is recession, roll on the day when things pick up.
As they will, just as surely as night follows day.

Ballard

tracey3596 wrote: »

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?


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?

I interpreted ‘The EU will be banging down our doors to sign trade deals because they need us more than we need them’ to mean that the EU will be banging our doors down to sign trade deals.

My mistake if that’s not what was meant.

Herzlos

tracey3596 wrote: »

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?

Why? The tariffs on that extra £60bn of stuff would be added on the UK side - the EU would be barely affected.

The impact to the EU economy would be negligable. Sure, they'd like to keep free trade with us (why they encouraged us to stay), but is our trade more important than the EU? Nah. Never was, no matter how hard the leavers claimed it was.

If you were right, where are all the EU based exporters demanding a good deal for us? BMW have told us they'd rather keep the EU together and VAG didn't jump to our aid either.

We're a smallish part of most EU companies markets, and we're not going to see a 100% drop in sales for them even under WTO, so why should they care?

Herzlos

tracey3596 wrote: »

You do not know my nationality, my background or that of my family.

I don't need to know the background of this or any other alter ego's to highlight the hypocrisy in the views. Hypothetical changes to rights from EU - fighting for it, proposed changes from the tories - hasn't happened yet.

But it's ok, you're far from the only hypocrite on here, so don't lose any sleep over it.

Thrugelmir

Herzlos wrote: »

Why? The tariffs on that extra £60bn of stuff would be added on the UK side - the EU would be barely affected.

Increases the import price, thereby the selling price. Making goods uncompetitive.

Moby

tracey3596 wrote: »

Whereas the federalist views of Junckers, Tusk, Schulz etc. and indeed of much of the EU do not attract me.
I'm a worker who will fight for her rights and the rights of her children and will not just bend over to the elites of a would-be-superpower EU.

Your children's rights have been screwed by Brexit. Opportunities formerly open to them will be lost. There is no such thing as an EU elite. The EU is made up of the leaders of each country. There was nothing stopping your kids getting jobs in Brussels. Besides the tit for tat comment you make doesn't hold water because the elite I refer to is the way in which the tory old grey men are making the decisions about reducing regulations around working conditions. These protections were brought in by EU legislation.

Moby

Rough_Justice wrote: »

Regarding the WTO route, before I go this evening I leave you with this - a suggestion of reading material (and indeed a forthcoming lecture) from LSE economists so that all may better understand why Brexit need not be a negative occurrence..
http://www.lse.ac.uk/Events/2018/01/20180117t1830vSZT/clean-brexit

https://www.amazon.co.uk/Clean-Brexit-Liam-Halligan-ebook/dp/B075422X53/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=1510764191&sr=1-1
This includes a great many facts, including these which in order to avoid any copyright infringement are taken from reviews :

Seriously what do you possibly know about how how departing on WTO rules will affect us? You are just speculating on a wing and a prayer. It will be an absolute disaster for us. Everyone knows that.

Moby

ilovehouses wrote: »

Mrs. May is going to appear in the HoC in an hour and tell MPs what her government wishes to achieve in trade negotiations with the EU. She's currently in a meeting with her brexit cabinet formally discussing this for the very first time.

You couldn't make this stuff up.

What makes me so angry about this is that the delay in discussing 'what we want' is purely due to divisions in internal tory party politics.....so the interests of the country are a sideline to the need to avoid a Govmt split.

Arklight

tracey3596 wrote: »

UK factories enjoy another three-decade high for orders




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.

What good news. Another reason not to balls it up by doing something immensely stupid, like leaving the world's largest trading bloc.

HAMISH_MCTAVISH

tracey3596 wrote: »

UK factories enjoy another three-decade high for orders




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.

From your article...

manufacturers are riding high on the back of Europe’s economic recovery and the weak pound even as Britain’s economy remains slow.