Brexit, the economy and house prices part 5

Incredible_1

fewgroats wrote: »

I'm sure I called that a fudge. Quickness is not always a good thing in any case.

20 hours of debate and a record number of speakers isn't exactly "quick".


https://www.standard.co.uk/news/politics/key-brexit-bill-clears-first-lords-test-after-marathon-twoday-debate-with-record-number-of-speakers-a3755061.html

Incredible_1

Blimey there's no wonder the latest ONS survey said that the UK were officially happier!
Is Brexit responsible for this too then?

The number of British households that could consider themselves as millionaires rose by nearly a third in two years, official figures show.

http://www.bbc.com/news/business-42904875

Thread in DT here if you're interested.
https://forums.moneysavingexpert.com/discussion/5787214

fewgroats

Incredible_1 wrote: »

20 hours of debate and a record number of speakers isn't exactly "quick".


https://www.standard.co.uk/news/politics/key-brexit-bill-clears-first-lords-test-after-marathon-twoday-debate-with-record-number-of-speakers-a3755061.html

Considering the issues involved, 20 hours is practically instantaneous.

Thrugelmir

ilovehouses wrote: »

Difficulties lie ahead for every nation on the planet. That's a normal state of affairs.

Unless the sentance includes the UK then you'll be obtuse.

Thrugelmir

ilovehouses wrote: »

He suggests this in economic terms based on a...gulp...prediction that most global growth will be outside of the EU over the next 10 - 15 years.

If you haven't caught on yet that Asia is growing in importance. Then you are well behind the global news. China has achieved in 10 years what took the USA a 100 years. World power is shifting.

wunferall

What's that?

ilovehouses wrote: »

I explained all this when Jock was ........................................ when he replies.

Ah yes, you can always tell when some posters are well & truly disconcerted by who they need to mention. Not at all hypocritical, that. Only when they've been challenged a few times more than they can cope with too, it seems.
What a shame.

wunferall

Thrugelmir wrote: »

If you haven't caught on yet that Asia is growing in importance. Then you are well behind the global news. China has achieved in 10 years what took the USA a 100 years. World power is shifting.

Shifting quickly yes.
The link posted by Incredible 1 here very clearly shows the expected changes over the next few decades.
http://www.telegraph.co.uk/business/2017/02/07/top-world-britain-outpace-g7-next-three-decades/

tracey3596

Here's an example of just how scared the EU are of the success of a post-Brexit UK:

The European Union is looking at ways to prevent Britain using low taxes, state subsidies or lower environmental and labour standards to gain a competitive edge over the EU after Brexit, EU diplomats said.

https://uk.reuters.com/article/uk-britain-eu-trade-competition/trade-deal-with-britain-must-prevent-unfair-tax-labour-competition-eu-idUKKBN1FL5J5

"Yes you can run in our race but first let's put this blindfold on.
Oh, and find your own way to the track won't you."

phillw

Tromking wrote: »

This’ll be the Brexit “disaster” that our Luxembourger friend was on about a few pages earlier.
It’s good however that Remainers have moved on from the the emergency budget and 500K job losses. They’ve gone quiet about the dollar/sterling exchange rate, why is that I wonder?

A year on and you are still just as deluded about the remain position.

Usd is down on both sterling and euro due to predictions on their 2018 interest rate rises. If you want to discuss that in relation to brexit, then it's increasingly unlikely they'll be buying any of our exports. Their currency is too weak and they are on their own misguided protectionist agenda.

China seems to be making their move, saying they are not willing to be our rubbish dump sounds like an opening salvo.

Thrugelmir

phillw wrote: »

A year on and you are still just as deluded about the remain position.

Usd is down on both sterling and euro due to predictions on their 2018 interest rate rises. If you want to discuss that in relation to brexit, then it's increasingly unlikely they'll be buying any of our exports. Their currency is too weak and they are on their own misguided protectionist agenda.

China seems to be making their move, saying they are not willing to be our rubbish dump sounds like an opening salvo.

The world believe it or not isn't greatly interested in Brexit nor punishing the UK. Best to keep matters in perspective.