Brexit, the economy and house prices part 5

Moby

wunferall wrote: »

Oh and BTW, if I were intent upon really upsetting you I would tell you exactly how much my pay has risen in the last eight years. Even with the (relatively small) effects of inflation and before taking investments into account I suspect you would turn puce.
(The recent stock market fall has had some effect, but minimal overall.)

Mate I think I'd have to care to get upset but well done for being rich:)

Thrugelmir

gfplux wrote: »

One of the biggest growers of berries in the UK is moving part of its business to China because it cannot guarantee it will find enough fruit pickers available to work.

You are hopelessly out of touch. UK companies have been investing in China for the past 20 years. Why the sudden concern now. Particularly when it's only 200 seasonal workers.

Putting matters in perspective. Some of China's industrial parks are larger than the size of Luxembourg as a country.

Take your blinkers off and look at the much bigger global picture. Power will ultimately shift East.

Moby

Thrugelmir wrote: »

You are hopelessly out of touch. UK companies have been investing in China for the past 20 years. Why the sudden concern now. Particularly when it's only 200 seasonal workers.

Putting matters in perspective. Some of China's industrial parks are larger than the size of Luxembourg as a country.

Take your blinkers off and look at the much bigger global picture. Power will ultimately shift East.

https://www.theguardian.com/politics/2018/feb/01/liam-fox-admits-being-in-eu-doesnt-stop-more-trade-with-china

A free trade deal with China may be some time away the international trade secretary, Liam Fox, has said in Beijing, while admitting the UK is still able to increase trade with a non-EU country while it remains in the customs union.

http://www.independent.co.uk/voices/brexit-uk-china-india-trade-deals-britain-wont-come-out-top-a7512606.html

The Chinese government was deeply shocked by Brexit and the Chinese do not like shocks. They are embarrassed by having invested so much political and financial capital in the UK only to see it veer off in a totally new direction without, apparently, any preparation or contingency planning. All their suspicions about the dangers of Western democracy have been confirmed in spades.

The UK split with the EU has also cast a very unexpected and dark shadow over President Xi himself. A successful UK-China free-trade agreement would help to repair the damage provided China is seen to be securing its key negotiating objectives. These objectives have to be understood in the context of the Chinese leadership having gone out onto a limb, promoting the UK ahead even of Germany.

Moby

Day after day the evidence that Brexit will be a disaster for us mounts up:-

https://www.theguardian.com/environment/2018/feb/09/lack-of-migrant-workers-left-food-rotting-in-uk-fields-last-year-data-reveals

https://www.theguardian.com/politics/2018/feb/08/no-deal-brexit-would-trigger-wave-of-red-tape-for-uk-drivers-and-hauliers

https://www.theguardian.com/society/2017/may/13/royal-college-nursing-nhs-recruitment-crisis

http://www.bbc.co.uk/news/uk-politics-40703369

https://www.theguardian.com/commentisfree/2018/feb/11/hard-brexiteers-brexit-northern-ireland-border

Brextremists stick their fingers in their ears at each revelation of ill-effects. Take the past few days: we have learned of fruit and vegetables being left to rot in the fields for lack of foreign EU labour, and that road haulage permits will be strictly limited once we depart. Lack of EU nurses worsens the 40,000 NHS nursing vacancies, and the UK will be last to get new medicines. Who knew 90% of official vets in abattoirs, some of whom are already leaving, were EU citizens? Public health laboratories at ports warn they will not be able to cope with import checks, as they too are staffed by EU citizens: food will rot on the quayside. Who knew that Ofcom, on behalf of the EU, checks most broadcasting arriving from non-EU countries? Brexit risks thousands of those jobs.

Day by day, more unconsidered mishaps emerge. Look at last week's cabinet report showing a hard Brexit would wipe out 16% of economic growth in the poorest areas. Yes, thats still phoney-war speculation; but right now, despite the weak pound, the trade deficit is widening as imports increase faster than exports. UK growth lags further behind the EU and the US. It was top of the G7, now its bottom.

Theophile

ukcarper wrote: »

I don’t object to people disagreeing with the result of referendum but at least they should be honest and say that they do not accept it. Although it wasn’t mentioned on ballot paper It is obvious to me that leave voters do not want be subject to the four freedoms

You're right. It wasn't mentioned on the ballot paper. End of story.

gfplux

Thrugelmir wrote: »

You are hopelessly out of touch. UK companies have been investing in China for the past 20 years. Why the sudden concern now. Particularly when it's only 200 seasonal workers.

Putting matters in perspective. Some of China's industrial parks are larger than the size of Luxembourg as a country.

Take your blinkers off and look at the much bigger global picture. Power will ultimately shift East.

I am not out of touch for posting a story of a fruit farmer transferring production to Chine because of uncertainty over Brexit. Having spent much of my life importing goods from Asia I have personal experience of production being transferred further and further east.
I am not concerned about the story although you are. The story is just one small insignificant consequence of Brexit that obviously touched a nerve.

You are quite right to warn of the shift in global power East which is an excellent argument for Britain to stay in the EU.

The damage that Brexit is doing to Britain will not normally be found on the front pages but rather in the few lines on page 5. All these small insignificant things will all add up and will only be properly examined as a business school analysis of how a powerful country can make disastrous miss steps.

gfplux

Moby wrote: »

Day after day the evidence that Brexit will be a disaster for us mounts up:-

https://www.theguardian.com/environment/2018/feb/09/lack-of-migrant-workers-left-food-rotting-in-uk-fields-last-year-data-reveals

https://www.theguardian.com/politics/2018/feb/08/no-deal-brexit-would-trigger-wave-of-red-tape-for-uk-drivers-and-hauliers

https://www.theguardian.com/society/2017/may/13/royal-college-nursing-nhs-recruitment-crisis

http://www.bbc.co.uk/news/uk-politics-40703369

https://www.theguardian.com/commentisfree/2018/feb/11/hard-brexiteers-brexit-northern-ireland-border

Drip, drip, drip, drip.
Just like Chinese torture except you get out alive but a lot poorer.

Enterprise_1701C

Strangely enough, when I saw the ballot paper, I assumed that out meant out - of everything.

I voted to remain, but now I would not hesitate to vote to leave. Lies from the remain side such as that the idea of an eu army was ridiculous, and that Turkey would never be allowed to join (they are currently arranging to discuss membership). This is all the sort of thing that many people are against, including those currently in the "union", but they are ploughing on ahead anyway.

I say again, the eu is simply trying to take over the world, but there is no way a large organisation like that can be of benefit to all members, it is mainly Germany and France that will benefit, and that is fine by them, the Germans have always wanted to run the world.

gfplux

This from Bloomberg Brexit briefing.
More and similar details of the major speeches coming our way.
Business desperately want some clarity otherwise some more small contingency plans will be acted on.
Quote
May will address a security conference in Germany later this week, where she is thought likely to reassure European policy makers of the U.K.!!!8217;s post-Brexit intentions. That speech, though, will be just one brick on the red, white and blue Brexit road. Senior U.K. ministers are preparing to deliver a series of addresses in the coming weeks setting out a vision of life outside the European Union. They!!!8217;ll culminate with a speech by May.

Foreign Secretary Boris Johnson will do his bit to kick things off, hoping he can woo Brussels bureaucrats, soft-Brexit Tory lawmakers and nervous business leaders with a Valentine!!!8217;s Day speech. Brexit Secretary David Davis, Trade Secretary Liam Fox and Cabinet Office Minister David Lidington will also speak in the run-up to May!!!8217;s second, more sweeping address. There is no speaking slot for Chancellor of the Exchequer Philip Hammond, the Telegraph reported.

!!!8220;What the public want is, they want the vision and they want some meat on the bone,!!!8221; International Development Secretary Penny Mordaunt told the BBC!!!8217;s Andrew Marr on Sunday. !!!8220;And that!!!8217;s what they are going to get.!!!8221;

The timing is crucial. Businesses have set a deadline of late March this year to get an agreement pinned down before they activate their contingency plans !!!8211; moving jobs and business out of the country. Politicians on all sides are on maneuvers, from the Tory hard Brexiters now led by Jacob Rees-Mogg, to cross-party Remainers, represented on the BBC on Sunday by Conservative lawmaker Anna Soubry and Labour!!!8217;s Chuka Umunna.

The road to Brexit might start with Johnson!!!8217;s rhetoric, but it will not end there. The waypoints are well-known already: a long summer of negotiations; an autumn deal deadline, perhaps including a game of chicken and the threat of a late-night breakdown. There will no doubt be some high-octane parliamentary arguments, in London and Brussels, as lawmakers squabble over which turns to take as they near the final destination.
end quote

gfplux

Enterprise_1701C wrote: »

Strangely enough, when I saw the ballot paper, I assumed that out meant out - of everything.

I voted to remain, but now I would not hesitate to vote to leave. Lies from the remain side such as that the idea of an eu army was ridiculous, and that Turkey would never be allowed to join (they are currently arranging to discuss membership). This is all the sort of thing that many people are against, including those currently in the "union", but they are ploughing on ahead anyway.

I say again, the eu is simply trying to take over the world, but there is no way a large organisation like that can be of benefit to all members, it is mainly Germany and France that will benefit, and that is fine by them, the Germans have always wanted to run the world.

I am sure you haven!!!8217;t forgotten.
Britain did once think it ruled the world.