Brexit, the economy and house prices part 5

wunferall

Herzlos wrote: »

Because the numbers are calculated differently. We hide a lot more unemployed than most of the EU.

I don't have the answers to the rest offhand, but I suspect selective reporting is a large factor .

It looks like you're desperately trying to justify differences - but failing, because any "hiding" or other manipulation would be against the UN's ILO guidelines which the whole of the EU as well as most the world must adhere to. It looks like any "selective reporting" then is a product of your own imagination.

Herzlos wrote: »

Sure you are.

Certainly far more than you are as your reply shows.

Given that employment statistics are obtained in the same manner globally according to the guidelines I stated earlier, please explain if you can why unemployment in the UK (and in the USA too, come to that) is half that of the Eurozone? I bet they're so pleased that German employment is so good, otherwise how bad would the true figure be?

http://ec.europa.eu/eurostat/statistics-explained/index.php?title=Glossary:Unemployment

wunferall

A thought on Trump's tariffs and the EU's response regarding a possible trade war:

USA unemployment 3.8%
Eurozone unemployment 8.5% (and that is the lowest it's been since 2008! :eek: )

In 2017 the EU sold the USA $151 billion more than the USA sold to the EU.

It looks like the USA have more of a buffer than the EU do were things to start getting nasty, them already having higher employment and lower exports.

Herzlos wrote: »

I'd much rather have the EU behind us in a trade dispute with the US.

What, despite the above? And given how helpful the EU are being with Brexit, not to mention the past 40-odd years?
:rotfl:

Herzlos wrote: »

Merkel and Macron will both tell Trump he's being an expletive. May won't but you wouldn't here her muffled voice from being so far up his bum.

The usual remainer mindset there in black & white.


Merkel has lost all authority after a disastrous election while Macron is floundering with 56% of French critical of him. Trump isn't going to be bothered by their opinions, despite Macron's attempts to be best buddies.

The UK doesn't really count because we're leaving club EU, so who's left? The Italians are next in line after the Germans & the French. Ooh, that'll worry trump no end.


No, any trade war is not going to do anybody any good and no I don't necessarily agree with Trumps methods. But if trying to level the playing field doesn't work your options become more limited. Which is also why the UK is heading towards Brexit.

iro

As a bit of fun thought we could start a Brexit playlist it does not matter if you are in the words of Matthew Parris a 'moaning remainaic' or a 'gammon' or a young lexiteer or any of the diverse individuals of every religion, ethnicity, gender, sexual orientation, religion.... that comprised the 17.4 million brexit voters (Brexit has been the single most uniting democratic act in history)..

I will start with 'Dont get fooled again' by the Who

and dedicate it to Jean Claude Juncker for his chutzpah in accusing the Italians of being idle given his liking for one or two bottles of the EU's finest followed by a nap in the EU Parliament.

Herzlos

iro wrote: »

Citation please

Figures are calculated according to ILO methodolgy across the OECD

In addition the UK has one of the highest participation rates in the Labour market of the world.

https://data.oecd.org/emp/labour-force-participation-rate.htm

Who can blame the Italians when you understand that only 17.3% of their young people are in employment.

https://data.oecd.org/emp/employment-rate-by-age-group.htm#indicator-chart

This is the real tragedy of the EU that apologists such as Adonis and Soros should be concerned about, the death of a future, the death of aspiration!

How about caring about the future of young Europeans BEFORE opening the borders to potentially millions of economic migrants?

I wasn't aware of the common banding here. I know internally the figures diverge but that's irrelevant here. I suspect the larger number for the EU is skewed by Greece/Spain and Italy, which is largely due to economic problems not caused by the EU.

Herzlos

Graham_Devon wrote: »

I'd much rather simply not be in a trade dispute with the US. Which is where I assumed the EU were going to be considering they were suggesting it's unreasonable , protectionist and only going to hurt US citizens. If they think that, why have they done the same?!

Let trump do what he want's. We don't have to automatically do the same in a titt for tatt argument.

You're right; we'll never be in a trade war if we let Trump do what he wants with his protectionist agenda. It'll result in a shockingly bad trade deal for us though, which I thought we were relying on to free ourselves of all that EU prosperity.

Herzlos

wunferall wrote: »

Merkel has lost all authority after a disastrous election while Macron is floundering with 56% of French critical of him. Trump isn't going to be bothered by their opinions, despite Macron's attempts to be best buddies.

Yet Merkel still runs Europe and Macron isn't going anywhere.

How the UK sucks up to the US is even more important when we're dealing with them on our own because we lose any remaining influence. Trump and the EU don't care about us at all.

No, any trade war is not going to do anybody any good and no I don't necessarily agree with Trumps methods. But if trying to level the playing field doesn't work your options become more limited. Which is also why the UK is heading towards Brexit.

Agreed any trade war is bad. But so is letting Trump get away with whatever he wants. Where would you draw the line? Chlorine chicken? Handing over our NHS? 500% tariffs on any UK exports? Increased medication costs?

Meanwhile May won't speak out against Trumps travel ban, racism, or war mongering because wshe doesn't want to upset him in case we don't get a trade deal. Good luck getting anything reasonable out of such a useless leader.

iro

Herzlos wrote: »

Yet Merkel still runs Europe and Macron isn't going anywhere.

How the UK sucks up to the US is even more important when we're dealing with them on our own because we lose any remaining influence. Trump and the EU don't care about us at all.



Agreed any trade war is bad. But so is letting Trump get away with whatever he wants. Where would you draw the line? Chlorine chicken? Handing over our NHS? 500% tariffs on any UK exports? Increased medication costs?

Meanwhile May won't speak out against Trumps travel ban, racism, or war mongering because wshe doesn't want to upset him in case we don't get a trade deal. Good luck getting anything reasonable out of such a useless leader.

Trump is just a potty mouthed Reagan, judge him by his results which given the booming economy on the back of old fashioned tax cuts, breakthrough in Korea, and handing the EU their a--s look like he is a dead cert for reelection.

Obama was the real nightmare, and Hilary would have been disastrous.

Arklight

iro wrote: »

Citation please

Figures are calculated according to ILO methodolgy across the OECD

In addition the UK has one of the highest participation rates in the Labour market of the world.

https://data.oecd.org/emp/labour-force-participation-rate.htm

Who can blame the Italians when you understand that only 17.3% of their young people are in employment.

https://data.oecd.org/emp/employment-rate-by-age-group.htm#indicator-chart

This is the real tragedy of the EU that apologists such as Adonis and Soros should be concerned about, the death of a future, the death of aspiration!

How about caring about the future of young Europeans BEFORE opening the borders to potentially millions of economic migrants?

Again? Seriously... again?

Ok.

The Labour Force surveys exclude anyone the UK government consider to be employed, no matter how tenuously. European countries tend not to because their governments have a very different opinion as to what needing a job means.

I'm not going through the sources again. You can find the other eighty eight times this has been discussed perhaps.

Graham_Devon

Herzlos wrote: »

You're right; we'll never be in a trade war if we let Trump do what he wants with his protectionist agenda. It'll result in a shockingly bad trade deal for us though, which I thought we were relying on to free ourselves of all that EU prosperity.

You are having to change what I stated to make a point. Never a good way to have a discussion.

We are not out of the EU yet, so let's not pretend to know whether Trump who have put increased tarrifs on UK steel. He hasn't done it to every provider country.

Trying to argue that we should be grateful for the EU retaliating like this and starting a trade war is perverse to say the least. It's not in our interests at all. This is simply puffing chests, and citizens and their livlihoods are just canon fodder. You think Trump will simply back down now? No. He will likely up the ante, no doubt the EU will bemoan once again how childish it is, and ten do exactly the same thing.

cogito

Herzlos wrote: »

I wasn't aware of the common banding here. I know internally the figures diverge but that's irrelevant here. I suspect the larger number for the EU is skewed by Greece/Spain and Italy, which is largely due to economic problems not caused by the EU.

What is the EU doing to help solve these problems? Not much as far as I can see.