Brexit, the economy and house prices part 5

Tromking

Theophile wrote: »

This impact report should be taken very seriously, unlike impact reports showing a negative impact of 'no-deal' on the UK economy. Those can be safely dismissed as 'project fear'.

This story must be a shock to you, how can the economically insignificant UK leaving the EU potentially cause such a large hole in an EU member nations finances?
Only in the EU would a supposedly sovereign nation like Ireland hand over responsibility for crucial negotiations to an unelected Eurocrat well known for his antipathy toward the Brits on the other side of the negotiating table.
I wonder if one of the national Governments supposedly unhappy with Barnier’s aggressive approach toward the UK is based in Dublin?

Rough_Justice

Theophile wrote: »

This impact report should be taken very seriously, unlike impact reports showing a negative impact of 'no-deal' on the UK economy. Those can be safely dismissed as 'project fear'.

Because of course the Irish impact report was done by UK civil servants that have so far got every report wrong you mean?
:wall:

An independent study carried out by Copenhagen Economics for the Government

Herzlos

Tromking wrote: »

This story must be a shock to you, how can the economically insignificant UK leaving the EU potentially cause such a large hole in an EU member nations finances?

I don't think there's ever been any doubt that a bad Brexit will hurt the EU, and Eire in particular, that's obvious and common knowledge.

What is in contention is whether that damage will be enough to get our cake-and-eat-it-deal, and all of the signs point towards "no".

Theophile

Eurozone economy storms ahead in sharp contrast to Brexit-hit UK

Those numbers offer a sharp contrast to the situation in the UK, where the economy has been slowing over the past year as the impact of inflation, stemming from the steep fall in the value of sterling in the wake of the June 2016 Brexit vote, has eroded households’ incomes.

http://www.independent.co.uk/news/business/news/eurozone-economy-eu-brexit-uk-germany-growth-compare-british-industry-a8209886.html

cogito

Thrugelmir wrote: »

Easy enough to do. Aren't all passports scanned on entry?

Yes and I have no doubt that HM Customs know exactly when I enter the UK. What they don't know is when I leave as they only carry out a visual.

That's why they have no clue as to who is in or out of the country at any time.

Thrugelmir

Herzlos wrote: »

I don't think there's ever been any doubt that a bad Brexit will hurt the EU, and Eire in particular, that's obvious and common knowledge.

What is in contention is whether that damage will be enough to get our cake-and-eat-it-deal, and all of the signs point towards "no".

No indication that the UK is demanding anything of the sort. All we are witnessing is Barnier being totally intransigent. Totally political of course.

Theophile

Thrugelmir wrote: »

No indication that the UK is demanding anything of the sort. All we are witnessing is Barnier being totally intransigent. Totally political of course.

When Mr. Barnier says that trade barriers means barriers to trade, that's not being intransigent, merely common sense and a statement of fact.

cogito

ilovehouses wrote: »

You could just as easily say he's doing his job but that wouldn't help the narrative you're trying to sell. Intransigent is just a buzzword.

He's a Franco German glove puppet carrying out his bosses' orders. It's his masters, not him, who are being intransigent.

It will start to change when realisation dawns amongst the other 25 that no deal is more than just a possibility.

cogito

ilovehouses wrote: »

In these threads we hear that (a) Germany runs the show and (b) it's impossible to reach agreement because there are 26 other members who need to sign-off on a deal.

I can understand either argument but not when they're made at the same time.

Either France and Germany are in charge or they're not.

Did you read my post or did you just fail to understand it?

Herzlos

cogito wrote: »

He's a Franco German glove puppet carrying out his bosses' orders. It's his masters, not him, who are being intransigent.

In what way, specifically, are Germany/France being intransigent?
It's not by pointing out the bleedin' obvious, that's for sure.