Brexit, the economy and house prices part 5

Pauciloquent_1_2

Thrugelmir wrote: »

Breakdown by country ?

I looked & can't find any.
Isn't it odd how those posting the news have chosen to ignore the advice of fellow remainers that the UK is in a different cycle to the EU (IIRC by ilovehouses); the advice of fellow remainers that this thread is about Brexit and not the EU (gfplux); and on top of that ignore that EU growth is slowing somewhat earlier in their cycle than should be the case?
No wonder then that there remains a convincing argument that the EU remains troubled.
"Forget Brexit, the EU may be on the brink of collapse"

The stark truth is that since the financial crisis of 2008 eurozone leaders have tried and failed to put the single currency on a secure footing. President Macron’s attempt to promote a fiscal union is a recognition of this failure and an attempt to do something about it, but his plan has already been killed off by a combination of the German economic policy-making elite and the Italian voter. If it goes ahead at all now, it will be in largely insignificant form.

The attempt to build a banking union is meeting a similar fate.

https://capx.co/forget-brexit-the-eu-may-be-on-the-brink-of-collapse/

Thrugelmir

phillw wrote: »

The conservatives only held onto power because Theresa May hasn't been completely open about her intentions, that is politics for you.

Fortunately enough people had the sense to avoid the rather unpalatable alternative. Slowly but surely the veneer of respectability is being peeled away. Unsure how he could govern when the Shadow Cabinet changes so frequently. As people that disagree with the party line get kicked out.

Rinoa

'Customs Partnership' dead.

https://inews.co.uk/news/brexit/theresa-mays-plans-for-post-brexit-customs-partnership-killed-by-ministers/

Well, that didn't last long.

Thrugelmir

Rinoa wrote: »

Well, that didn't last long.

At least the option was fully discussed. Far from practical by all accounts.

Thrugelmir

Looking outwards rather than inwards.

http://www.bbc.co.uk/news/world-europe-43968777

EU budget: Plans for farm subsidy cuts but more on security

What has the reaction been?
In response to the proposed reduction on farm subsidies, France's Agriculture Minister Stephane Travert said "a drastic, massive and blind cut is simply unthinkable".

Dutch Prime Minister Mark Rutte said the plan was "not acceptable" for his country. "A smaller EU means a smaller budget. That calls for spending cuts and ambitious modernisation. What's more, the burden of funding the budget is not shared fairly."

Germany's finance and foreign ministers also called for a fair burden-sharing between the states while Poland's Deputy Foreign Minister Konrad Szymanski said: "The way to the full compromise over the EU budget is still very long."

Centralist Brussels vs Nation States.

vivatifosi

UK and EU fall out over Galileo:

https://www.ft.com/content/8294b680-4d48-11e8-8a8e-22951a2d8493

Thrugelmir

vivatifosi wrote: »

UK and EU fall out over Galileo:

Fortunately the UK has the ability to go alone. Space being an area where the UK has growing expertise.

Herzlos

I'm sure we could go it alone, but do you have any idea how expensive it is to deal with stuff in space? Why would we go it alone when we could have comfortably split the tab?

Pauciloquent_1 wrote: »

The UK is leaving the EU just in time it seems as the EU propose to abolish budget rebates over the next five years.

https://www.ft.com/content/5ce33318-4e1e-11e8-a7a9-37318e776bab
How long before a veto over accepting the Euro would go too, also going against what remainers would wrongly have us believe?

Your own quote implies the removal of the rebate is because of the UK leaving, thus if the UK hadn't left it wouldn't happen and there's no "just in time" element.

That said, we've lost the rebate anyway, and I'd be surprised if we ended off paying less in than our post-rebate contribution.

cogito

mayonnaise wrote: »

EU Q1 prelim GDP numbers are in. +0.4 q/q

That's 4 times more than the UK.
If you like percentages, 300% more.

Down from 0.7% in the previous quarter. If you like percentages, that's down by 43%.

vivatifosi

Herzlos wrote: »

I'm sure we could go it alone, but do you have any idea how expensive it is to deal with stuff in space? Why would we go it alone when we could have comfortably split the tab.

Not collaborating with the EU (or America, Canada, Australia or other Western ally that we have ties with) seems bonkers to me. Security should be above politics. I can t see why either side would want to play hardball over this. It's pathetic.