Brexit, the economy and house prices part 5

Eric_the_half_a_bee

Ballard wrote: »

From what I've seen they've really got themselves into a tizz.

Yes the Brexiteers would do well to take some lessons on how to stay calm from the Remainers.

Ballard

Eric_the_half_a_bee wrote: »

Yes the Brexiteers would do well to take some lessons on how to stay calm from the Remainers.

I can't speak for all Remainers but I'm perfectly calm. Perhaps it's because I don't take Farage at his word like many (but not all, of course) Leavers.

Thrugelmir

In the news today.

A so-called “hard Brexit” involving tariffs and a lasting devaluation of the pound could cause thousands of job losses at German automotive suppliers, a study by accounting firm Deloitte showed.

An arrangement where Britain gives up full access to the single market and customs union could threaten as many as 14,000 jobs at automotive suppliers in Germany and shrink their sales by 3.8 billion euros (£3.36 billion), the study published on Thursday found. Britain will leave the European Union in 2019.

Germany is the largest exporter of car parts to the UK, with companies such as Continental (CONG.DE) and Robert Bosch providing nearly a fifth of all components used in UK-based car production.

https://uk.reuters.com/article/uk-germany-autos-britain/german-car-suppliers-could-lose-thousands-of-jobs-over-hard-brexit-study-idUKKBN1F0138

buglawton

This was totally predictable and alluded to many times on the other Brexit boards. Thing is, the UK could be on the cusp of strengthening old and forging new ties with Asian manufacturing companies. That should be our exit door if the EU fails to give us a very, very good exit deal. Hoping that our PM does not blink first, or if she does, will get replaced by someone of stronger mettle.

kabayiri

phillw wrote: »

No, I do have an understanding. No leaver has put forward a non abusive reason that actually stands up to logic. It's either getting rid of the working time directive, so employers can abuse their employees or people wanting to abuse their position by denying their arbitrarily obtained higher standard of living to other people who aren't so lucky.
...

Every time I mention a reasonable which doesn't involve this £350m you all seem to bicker about, it gets ignored.

But if you really are interested ...

Thanks to globalization etc, I have spent far more of my working life involved with non-EU people, from India to China to USA.

I love the European lot, I've also worked in a few of the major capitals on the continent, but it doesn't take a genius to work out where the new growth markets are coming from.

This is a long game to me, not something which will deliver results in a year or two. I think the UK government will be forced to rebalance the economy, and maybe finally we will realize the folly of relying on a finance sector which nearly ruined us in the GFC.

It might not work at all, but it should be an interesting time.

kabayiri

ukcarper wrote: »

You also missed the point, I know older people were more likely to vote brexit but just because they haven’t been to university or are older doesn’t make them less qualified to vote than a 22 year old graduate. Experience is worth a lot which is a fact completely missed by you and others.

Just to remind everyone, here follows the rules all voters had to follow :

- take your ballot paper, and ...
- make a choice

There weren't big signs telling older people to use the back entrance, or to look a bit younger by wearing hoodies.

There weren't any suggestions that being non-Uni-educated was to diminish your vote.

Nope....it was just a simple vote, old/young/gay/straight/man/woman/educated/fick alike.

I do wish these educated young dynamic students and grads had actually used their vast brain power, and worked out a better voting system....too few of them turned out as it is...maybe it was all too much effort

Thrugelmir

kabayiri wrote: »

I think the UK government will be forced to rebalance the economy, and maybe finally we will realize the folly of relying on a finance sector which nearly ruined us in the GFC.

Governments don't control the economy. Rebalancing has been attempted for decades. Nothing new in that objective. Yet manufacturing continues to decline. There's so much that the UK no longer produces and is reliant on imports for.

The finance sector isn't just banks. There's asset managers, insurance companies, legal services etc. Where the UK is world class. Don't deride it just because of RBS, Northern Rock and HBOS.

UK investors need to value UK companies to stop being taken over by from investors. That will be a major step forward. Though with net contributions to pension schemes amounting to only £2 billion a month. Going to take a long time to regain control.

buglawton

kabayiri wrote: »

Just to remind everyone, here follows the rules all voters had to follow :

- take your ballot paper, and ...
- make a choice

There weren't big signs telling older people to use the back entrance, or to look a bit younger by wearing hoodies.

There weren't any suggestions that being non-Uni-educated was to diminish your vote.

Nope....it was just a simple vote, old/young/gay/straight/man/woman/educated/fick alike.

I do wish these educated young dynamic students and grads had actually used their vast brain power, and worked out a better voting system....too few of them turned out as it is...maybe it was all too much effort

Yeah, I wonder if we could have PR for the 2nd referendum

phillw

ukcarper wrote: »

That completely misses the point of my post, but that doesn’t surprise me considering the arrogance of some remain poster here.

I understand why you feel that way, but you don't accept the reason why you voted to leave and so we're never going to move forward.

kabayiri wrote: »

I do wish these educated young dynamic students and grads had actually used their vast brain power, and worked out a better voting system....too few of them turned out as it is...maybe it was all too much effort

I wish they had too. I believe if given a second opportunity they would realise how important it was to vote and the result would be a landslide for remain. Which is why the leavers are so anti holding a second referendum, it scares them to death they won't be able to abuse foreigners (even if they are delusional about why they voted to leave).

kabayiri wrote: »

I love the European lot, I've also worked in a few of the major capitals on the continent, but it doesn't take a genius to work out where the new growth markets are coming from.

Please explain why leaving the EU with all the disastrous consequences it has is worth it, when by the time those growth markets will be large enough to make up for the losses, the EU will be getting a better trade deal with them than us due to their relative size.

With just one vote you not only got out of a good trade deal with the EU, you managed to get out of a good deal with every other country for the rest of time. I look forward to a well reasoned explanation

BobQ

Tromking wrote: »

I think if it required a referendum to decide whether we entered the EEC, it’s wholly appropriate to hold another one in order decide whether to leave the EU.
Ironically, if over the years we’d held a referendum every time we’d ceded some sovereignty like other countries did, we might still be staying. The idea that the electorate were being railroaded into a federal Europe festered for years, no surprise for me that when a vote did materialise, we voted out.

Yes but it did not need a referendum to join the EEC. We joined in 1973 under the Heath government. The Wilson government held the advisory referendum in 1975.