Brexit, the economy and house prices part 5

gfplux

fewgroats wrote: »

Does it matter if I or any remainer is listening? I just ask the questions. It's up to Brexiters to supply the answers in a way that works for the country. Surely we can both agree on that.

It doesn’t matter unless by not listening expectations are raised beyond a sustainable level.
You will have heard the phrase “they need us more than we need them” this has been repeated and repeated. It will probably be repeated next week in this very Forum. At the same time the EU leading negotiator has been described in these pages as only a puppet doing the bidding of the major country’s of the EU27.

This week we have had the French President visit Britain and lay out the possible deals available. He went as far as saying anything else would destroy the values of the EU. Macron is a fluent English speaker and has not confused his words.

You can hear him for yourself shortly on the Andrew Marr show on BBC1

Perhaps you and others believe this is just a negotiating position. However if we are to believe the British Prime Minister means what she says in public it would be wrong to suggest we can not believe the words of the President of our nearest neighbour.

As you say it is up to the Brexiters to supply the answers for Britain but while they deny the reality that is staring them in the face how can they.

Arklight

Thrugelmir wrote: »

The UK's departure immediately results in a €9 billion hole. Based on the last EU budget of €145. That's an immediate 6.2%.

Don’t worry. With the inestimable skills of Boris Johnson, Theresa May, and David Davis, they'll probably get twice that back after Brexit from us.

Thrugelmir

gfplux wrote: »

It is really a huge amount of money for the UK. Every British Citizen might get an extra Christmas bonus.
Which Christmas will that be I wonder!

The UK is still in the throes of austerity to reduce the budget deficit.

May not get mentioned in the news, but the squeeze is very much in place.

Herzlos

gfplux wrote: »

What will the UK being spending this huge amount of money on?

The Brexit expense bill and the DUP bribes

Thrugelmir

Herzlos wrote: »

The Brexit expense bill and the DUP bribes

At least the money remains in the UK economy. With the majority returning to the Treasury in the form of tax revenue.

gfplux

Thrugelmir wrote: »

The UK is still in the throes of austerity to reduce the budget deficit.

May not get mentioned in the news, but the squeeze is very much in place.

Help me understand this.
How big is the budget deficit, I honestly don’t know. What is the target reduction and how many weeks or perhaps months will it take to get to that target.
Then I assume all that EU contributions will be paid to the NHS and infrastructure.
Thank you.

gfplux

Thrugelmir wrote: »

At least the money remains in the UK economy. With the majority returning to the Treasury in the form of tax revenue.

Thank you.
That sounds wonderful.

Is that one of the hundreds of reasons for Britain leaving the EU.

gfplux

Did any Brexiter bother to watch the Marr/Macron interview or were you all hiding behind the sofa?

Thrugelmir

gfplux wrote: »

Help me understand this.
How big is the budget deficit, I honestly don’t know. What is the target reduction and how many weeks or perhaps months will it take to get to that target.
Thank you.

Thought that you followed events in the UK closely. A link for you.

https://www.ukpublicspending.co.uk/uk_national_deficit_analysis

Not weeks or months but years. Steering the economy is akin to being a captain of a supertanker steady and slow. Levers pulled today may not have a beneficial impact for a decade.

Rinoa

gfplux wrote: »

Did any Brexiter bother to watch the Marr/Macron interview or were you all hiding behind the sofa?

Yes. He said if the french had been offered a referendum on the EU they would probably have voted to leave.

https://www.youtube.com/watch?v=_UgZkVBe5Ls

HTH.