Brexit, the economy and house prices part 5

Thrugelmir

"We're pretty lousy at growing grapes for wine".

Says those who wish in their haste to rubbish anything British.

Others would disagree

Wetherspoon's replaces French champagne with English wine in run-up to Brexit

http://www.cityam.com/287478/wetherspoons-replaces-champagne-english-wine-run-up-brexit


At least some people do care. Proactively doing something for the UK economy.

Karmakat

Herzlos wrote: »

We're pretty lousy at growing grapes for wine, and lots of other fruit/veg/plants that need warmer environments. But sure, we'll be able to switch to local equivalents if we're happy with the reduced choice and competition. For e everything else we'll still need to import it from someone.

There are many good new world wines and much of the fruit and veg that I buy seems to come from Tunisia and Morocco or often Kenya for tenderstem broccoli etc

Life will go on much the same as before

Moby

Who are the enterprising individuals who are spontaneously going to start new businesses making turnip wine and cheese they will sell to the rest of the world. How many people will they create jobs for and what will the employment terms be like. Can we be sure that it will be better than the deal we now have? The deal that comes with the added bonus of international cooperation and coordination of security etc with our neighbours? Most who know the reality of things now accept Brexit is a huge mistake which will have serious consequences for the UK. There is actually very little difference between May, her moderates and the Labour leadership. It seems we will have a BINO....some sort of customs arrangement and a Norwegian style trade deal......this is to minimise the damage as far as possible. That's what May is fighting for, she doesn't believe in Brexit, she is just driven by keeping her party together and appeasing the ultras.......same for Labour which is split four ways between a small number of leaver extremists, leaver moderates, those who want to stay in the single market and remainers......what is the difference between Labour's 'a customs union' and Mays proposed 'customs arrangement'? We will have to offer favourable status to EU citizens re. movement to get such a deal and we will be a rule taker rather than a rule maker. The EU has us where they want us. They have succeeded in making leaving so painful no other country will follow and they have neutralised us as a competing off shore economy. Well done Brexiteers.

Ballard

I’d never heard of technetium until recently but it’s apparently a radioactive element that has a shelf life of a week and is essential for some medical scans. We do not currently have the ability to produce it in the UK so import it from the EU.

ben501

Moby wrote: »

They have succeeded in making leaving so painful no other country will follow

People have short memories though.
We still have no idea what, if any deal we'll get. Most people here seem to have made up their minds already, regardless of the outcome, but to foreigners looking in, it will be the end result, not the path we took to get there that counts. Sure if we all end up in worse conditions then it will more than likely put them off, but if they see us 'doing okay', still a world leader, they're far more likely to want to try it themselves.

Of course your view on that will also depend on your idea of 'doing okay', which for many is just about how much money they're making.

gfplux

Rinoa wrote: »

Falls in trade is not necessarily the problem you infer.

There is nothing the EU makes that we can't make ouirselves.

Ireland sells us about 300 tons of Irish cheddar per year. We sell them around 300 tons of UK cheddar each year. When WTO tariffs are imposed, both countries will no doubt consume their own cheddar.

Trade in cheddar will fall by 100% but no one will notice.

Good point although you should ask why Brits do not eat British Chedder now.
I ask because I have no idea why.
Is it price, packaging, or marketing.
When in the Supermarket why choose Irish.

gfplux

Thrugelmir wrote: »

Personally I'd prefer that we focus on renewable energy sources. Together with investing in the new battery storage technology. Our local authority is investing in a 50MWh facility. The largest that they able to build.

Hopefully your local authority will keep the Libraries open as well.

cogito

HAMISH_MCTAVISH wrote: »

Yes I eagerly await the day when the UK is covered in citrus fruit and olive tree orchards....

Oh wait - our climate is about 10 degrees too cold on average.:(

Besides in this day and age countries have long ago abandoned trying to make everything themselves as it's incredibly inefficient and instead focus on specialisation, economies of scale, and trade.

Like services for example.

Graham_Devon

Moby wrote: »

Who are the enterprising individuals who are spontaneously going to start new businesses making turnip wine and cheese they will sell to the rest of the world.

Well, we've managed for centuries before us coming up with goods that sell.

But anyway, it's all academic anyway. We will simply import stuff we wish to buy.

It will be sorted. It's in no ones interests for us to stop importing stuff we import now. Not ours, not other countries, and not the producers.

Stop panicking.

buglawton

Lately a lot of 'We're doomed, I tell you' Remainer posts here.
Now why would that democratic Brexit vote mean we're doomed?
Simply because the EU cannot face the 'good example' problem of letting a smooth exit happen with any benefit to the UK whatsoever and has to threaten draconian terms.

So whose fault is it that an acrimonious parting looks likely? And if this were a personal relationship problem, would you 'just knuckle down' under the existing relationship, or would you rather take your chances with more freedom? In the end it's a question of self-confidence.