Brexit, the economy and house prices part 5

CKhalvashi

gfplux wrote: »

The bad news is inflation in September is 3% while most wages are rising at much less.
The good news is that the increase in State pensions in 2018 are calculated by using the inflation figure in September.

No, it's bad news for every working family.

Tromking

CKhalvashi wrote: »

The UK is in recession. The economy is shrinking in real terms as shown in my post on the previous page.

There are likely to be tax rises to cover the state pensions of those who voted Leave as younger workers leave, as a result of job cuts (we froze recruitment and expansion in July 2016 and will not recruit again in the UK for the forseeable future) and some companies are leaving Britain.

I'm looking daily at insolvent company notices to see what can be integrated into what we're already doing, which will lead to job creation......in Romania, while keeping as little as possible in the UK as a result of the necessary economic cuts to UK companies to bring everything in-house under one newly founded roof. I have already contacted liquidators in several circumstances before I'm accused of 'not going through' with it in viable circumstances.

You are aware of the definition of a recession right?
Besides, why are you still here, I thought you were off?

gfplux

Porthos_Three wrote: »

Absolutely, yes. Not to deliver Brexit as the people democratically decided they wanted would be to ignore democracy - and Brexit btw means just what was asked on the vote slip. We leave the EU and this according to the EU themselves means also leaving the four supposed freedoms.

In return a genuine question for the remainers on here.
Do you honestly still believe that there still a chance that the UK will remain in the EU?

A genuine answer to a genuine question.
I don't know. This last couple of years have shown anything is possible.
However there are clues.
The longer the negotiations continue without agreement, I believe, because I am a remainer, the news will get more negative and popular opinion and more politicians will turn against Brexit. Someone might call out "the King has no cloths" and everyone will come to their senses.
After some due process, which might involve Parliament or even another referendum, I have no idea how that process would work.

Britain would ask to stay in the EU.

The big question then would be would the EU want Britain to stay.
It would require 27 members to agree and even if (in my opinion) Germany and France would be keen to see the UK stay, I am not sure about how a vote would go. Britain has lost a lot of goodwill in the last 18 months because of the referendum result and the "interesting" way Britain has been seen to conduct the negotiations.

As the Chinese curse says. "We live in interesting times"

CKhalvashi

Tromking wrote: »

You are aware of the definition of a recession right?

A recession is when an economy is in decline. The economy is in decline in real terms.

Besides, why are you still here, I thought you were off?

I don't comment on my personal circumstances.

I am off.....to the pub. Have a good evening

Eric_the_half_a_bee

CKhalvashi wrote: »

A recession is when an economy is in decline. The economy is in decline in real terms.

I suggest you contact the ONS and tell them their GDP figures would be more meaningful if they were expressed in real terms. Let me know how they respond.

Ballard

posh*spice wrote: »

Many who voted Remain did so because of the lie that we would have an immediate recession with an emergency budget with tax rises and job cuts. Thst we would have mass unemployment and companies would leave Britain.

It was the remainers who told lies.

And they are still lying.

The immediate recession was a lie and I’m sure that it swayed a few people. The subject of companies leaving the UK has yet to be answered as no one knows what’ll happen. If foreign companies feel that leaving is best for them they’ll leave. Perhaps it’ll all be great and hordes of new companies will set up shop on these shores. I doubt it but neither possibility can be discounted at this stage.

One massive lie from the leave side is that German manufacturers would insist that their country would ensure that they maintained free access to Britain. As it turned out they have decided that they don’t want it after all. This appears to have been swept under the carpet by the Brexiteers.

Eric_the_half_a_bee

Ballard wrote: »

One massive lie from the leave side is that German manufacturers would insist that their country would ensure that they maintained free access to Britain. As it turned out they have decided that they don’t want it after all. This appears to have been swept under the carpet by the Brexiteers.

If it's a lie to make a prediction that turns out not to come true, then every single person on the planet lies frequently, so we might as well stop claiming moral superiority over those who lie.

Conrad

CKhalvashi wrote: »

I'm not standing behind an idea that is going to harm the UK and I therefore believe the best option for the UK is to stop the process now before any further harm is done. My viewpoint on this has not changed and will not change.

Will it change when the deal is cut and you see us powering ahead economically?

Conrad

Ballard wrote: »

One massive lie from the leave side is that German manufacturers would insist that their country would ensure that they maintained free access to Britain. As it turned out they have decided that they don’t want it after all. This appears to have been swept under the carpet by the Brexiteers.

Utter nonsense, you fell for that release by the equivalent of the CBI, that poports to speak for business. As with all those numpty CBI forecasts urging us to join the Euro and so on, total nonsense.

You will see the reality unfold, of course business won't merrily wish to harm its competitivness by raising prices via tariffs and barriers, it's la la land stuff to feed the gulliable.

gfplux

This is an article from a Bloomberg giving a light skim through if there is no deal, no transition with a cliff edge in March 2019.
https://www.bloomberg.com/news/articles/2017-10-18/brexit-cliff-edge-may-create-this-chaos-in-your-daily-life?cmpid=BBBXT101817_BIZ&utm_medium=email&utm_source=newsletter&utm_term=171018&utm_campaign=brexit
It is speculation with some facts.
Most remainers have been over this ground but I would urge Brexiters to give it a read in the belief that "know your enemy" is good advise.