Brexit, the economy and house prices part 5

gfplux

Thrugelmir wrote: »

The Irish border is simply one of the pot holes along the road. Next there's Gibraltar. Then there's FOM. Then there's Financial Trade. Then there's Fishing rights. Odds on the intransigence is going to wear the patience of the UK public thin. As the veneer of respectability gets peeled away. With self interest and protectionism shining through. At least on a political level. If these were business people a deal would have been hammered out by now.

Gibraltar.
Having listened to the BBC broadcasts this week from Gibraltar I now understand a little more about their situation.
It would appear they could benefit from any financial negatives that might effect London. So Londons loss will be partly Gibraltars gain. The opportunities to increase the amount of private car insurance and the growth in online gambling all appear to be benefits for Gibraltar.
In fact Gibralter sounds a lot like Luxembourg except for low personal taxation enjoyed by Gibralter residents.
It would appear that I have defended it needlessly.
Did other posters hear the programmes and get the same impression?

Herzlos

cogito wrote: »

Leave the EU and join a customs union and single market with the UK.

What do you think that would do to the Eire economy?

Has Eire shown any interest in leaving the eu?

I agree with you to an extent though; Irish unification is the only solution. Unfortunately Eire won't leave the eu for us, and NI won't leave us for the eu.

gfplux

Big changes coming. More project fear nonsense.

http://money.cnn.com/2018/03/07/investing/brexit-financial-industry/index.html


QUOTE
Prime Minister Theresa May has acknowledged that leaving the EU's unified market means UK-based companies will lose the financial passport that enables them to do business across the EU.
Donald Tusk, president of the European Council, said Wednesday that the red lines outlined by the UK mean the two will inevitably drift apart. The only remaining option, he said, is to negotiate a free trade agreement that will leave Britain worse off.
"Our agreement will not make trade between the UK and the EU frictionless or smoother," he said in a speech on how the EU would approach negotiations. "It will make it more complicated and costly than today."
END QUOTE

gfplux

Newcastle Council talk of Brexit Shock to come
MORE project fear but now real money and real jobs.

https://www.chroniclelive.co.uk/news/north-east-news/job-losses-133m-spending-cuts-14381889

QUOTE
However, council leader Nick Forbes said that using reserves would be irresponsible as the council is likely to face worse challenges in the coming years when the impact of Brexit hits the city.

He said: We are trying to be a council that shields residents from the full impact of austerity whilst also preparing for the Brexit shock to come.
END QUOTE

gfplux

Theresa May made a slip a couple of days ago. Or did she.
She suggested that the USA/Canada Border was a good example.
Hopefully she does not really believe that given the number of guns and dogs at that border!

https://infacts.org/no-theresa-us-canada-border-not-good-model-ireland/

QUOTE
Heres why thats a problem. Lets imagine that post-Brexit we sign a trade deal with America that allows in imports of chlorine-washed chicken, which is banned in the EU. Since the UK doesnt want border checks between Great Britain and Northern Ireland and there are no customs checks between the Republic of Ireland and the rest of the EU, the only way of stopping that chicken entering the EU would be to have customs controls on the Irish border.

The moment British standards diverge, or British tariffs are lowered, the Irish border becomes a backdoor into the EU. There would be nothing to stop unscrupulous businesses undercutting competitors by laundering cheap imports through Northern Ireland.

Donald Tusk called on May to produce a realistic solution; to avoid a hard border on a trip to Dublin yesterday. The European Council president added: If in London someone assumes that the negotiations will deal with other issues first before moving to the Irish issue, my response would be Ireland First.
END QUOTE

Thrugelmir

gfplux wrote: »

the only way of stopping that chicken entering the EU would be to have customs controls on the Irish border.

At every crossing point along the border........;)

Some people have no idea what they are talking about.

Rinoa

EU’s Hostile Front Against UK Faces Collapse as Italy Election Winners Back Brexit

The EU’s hostile front against the UK in the ongoing Brexit talks faces collapse, as the populists who routed the establishment in the Italian elections insist the bloc must back down and offer a generous and constructive deal.
“Great Britain is a friendly country with a long tradition of trading with Italy,” said Matteo Salvini, the populist firebrand who is in line to become prime minister, after his Lega party proved the most popular of the parties making up the centre-right coalition which took first place in the Italian elections.

“You made a free choice with Brexit and I very much hope that it will be possible to maintain completely open trade with the EU without any penalties,” he told The Telegraph.

Lega’s economics chief, Claudio Borghi, confirmed a Salvini-led government would refuse to go along with the current intransigent strategy, which he believes will damage European economies in the service of German interests.

“There will be no blind trust in what Germany wants,” he declared.

“Punishment or anything of the kind would be sheer stupidity. We export more to the UK than we import back and we certainly don’t want to hurt our own client.”

The other big winners in the Italian elections, the insurgent Five Star Movement (M5S), is also pressuring Brussels to change tack and adopt a more constructive approach.

“We shouldn’t try to punish the British people for choosing Brexit,” insisted part leader Luigi Di Maio.

M5S founder and guarantor Beppe Grillo has been even more forthright, cheering the Brexit vote as a well-deserved rebuke to the EU establishment, and saying: “Mediterranean countries, and Italy first among them, should take the same line towards the EU.”

While the mainstream media has tended to portray the EU as speaking with one voice on Brexit, Salvini and M5S already have sympathisers in Central and Eastern Europe, with the Hungarians warning that a ‘No Deal’ scenario will hurt the EU more than Britain and that a comprehensive free trade agreement is vitally important.

The leader of Poland’s governing party, too, has described two camps within the EU: one favouring a close relationship with the departing UK, and one bent on making an example of the country to discourage other independence movements.

Italy’s new government, whatever shape it ultimately takes, may well shift the balance of power in Brussels against the more hostile camp decisively.

http://www.breitbart.com/london/2018/03/10/brussels-eu-hostile-uk-collapse-italy-election-brexit/

Arklight

Thrugelmir wrote: »

There's only an issue because the Irish themselves are making it one. Politics above common sense.

Hahahahahahahahahahahaha!

Yes, Northern Ireland,

“it’s only an issue because the Irish themselves are making it one.”

:wall:

Arklight

cogito wrote: »

How can you say that they are asking for an element that is discrete and then say it's not cherry picking? That is simply ridiculous.

The EU is demanding access to our fishing grounds. Last week, they were trying to annex Northern Ireland. Tomorrow it will be something else. The EU are not negotiating anything because they are not in the business of negotiation.

According to the Indy, Tusk is now saying that unless we solve the Ireland issue, there will be no discussion on trade. The idiot cannot see that the two are linked and one cannot be resolved without the other.

Read back what you have written and really think about it.

HAMISH_MCTAVISH

Rinoa wrote: »

http://www.breitbart.com/london/2018/03/10/brussels-eu-hostile-uk-collapse-italy-election-brexit/

Breitbart... :rotfl::rotfl::rotfl::rotfl: