Brexit, the economy and house prices part 5

prowla

How many is "so many"?

Graham_Devon

I don't really see this is news considering so many on the remain side will have investments that they are trying to protect. Jeremy Hunt being just one of them.

What's the difference?

And this is one person.....

All sounds a bit Desperate Dan if I'm honest Hamish.

kabayiri

Moby wrote: »

We always knew about such types, Reece Mogg similar. Such people are purely self interested and care little for the needs of the working class Brexiteers who will experience a drop in living standards in the coming years.

Haha.

As opposed to who? Look at the long term trend of some post industrial towns, and tell me exactly who in government has been fighting their cause.

The Remain cause had to come up with a compelling vision for the forgotten people who felt that things weren't working for them...and they failed.

Moby

Hi Giocoforzauno, Its far too early to say how bad it will be but one thing we do know already is that the EU negotiating position was always clear. No UK exceptionalism. You are in, or you are out. I understood that before the referendum.

The leave campaign was based upon UK exceptionalism. It was never possible to deliver what they promised, and so no government can deliver that. Such people will now cope with the shattering of their illusions by accusing the EU of being unreasonable towards us and that will in turn reinforce their original view of the EU.

gfplux

wunferall wrote: »

Please tell us (and do include your supporting evidence of ) this "Brexit dividend" the EU have garnered, since absolutely nothing has yet been finalised.


Thank you.

Banked Brexit dividend for the EU.

1) Medicines Agency
2) Banking Agency.

There are thousands of links to these damaging moves, just google.

While nothing in the withdrawal and transition agreement has been signed off the above two agency’s have gone, gone, gone.

Moby

I come from a post industrial country, Wales and know exactly what you are talking about but Brexit was not the solution. At least people in Wales benefited £79 a head from being in the EU.

kabayiri

Moby wrote: »

I come from a post industrial country, Wales and know exactly what you are talking about but Brexit was not the solution. At least people in Wales benefited £79 a head from being in the EU.

Wales is a shadow of it's former self. You can make the same case for places like South Yorkshire.

We have seen increasing centralization of wealth and power, with London/Westminster and Brussels/EU. I don't see evidence that the EU is bothered by the large numbers of unemployed in the EU either.

Forget "talking UK down"...there is no collective UK anymore. There isn't really a collective EU either - it becomes more fractious and divided with every passing month.

If we remember Hamish's previous answer to the people of the North struggling for work, he told them all to move to London/SE!

Hmm, now is that going to help the housing crisis or harm it? Tricky...

kabayiri

gfplux wrote: »

Banked Brexit dividend for the EU.

1) Medicines Agency
2) Banking Agency.

There are thousands of links to these damaging moves, just google.

While nothing in the withdrawal and transition agreement has been signed off the above two agency’s have gone, gone, gone.

London jobs then....

London will recover I reckon.

Tell me why you think people hundreds of miles away should care?

Ballard

kabayiri wrote: »

London jobs then....

London will recover I reckon.

Tell me why you think people hundreds of miles away should care?

Simply because those jobs are well paid (and thus attract a lot of tax) and also generate income for other sectors such as hotels and restaurants. All in all theyre good jobs for the economy.

I can see why someone in Cumbria or Leicestershire mightnt immediately connect London jobs with being beneficial for the country but it quite clearly is.

GreatApe

Moby wrote: »

We always knew about such types, Reece Mogg similar. Such people are purely self interested and care little for the needs of the working class Brexiteers who will experience a drop in living standards in the coming years.

Why would we have a drop in living standards and what exactly do you mean by that?

The domestic economy wont suffer at most we might lose some marginal export business but thanks to the free floating pound things will balance out.

So if we do get poorer that does not mean more unemployment or less ability to buy domestic goods/services. It would just mean we import less Iphones for $1000 and more chinese andriods for $200 and we import fewer BMWs for $50,000 and more Fords for $20,000 not sure I would call that much of a struggle.

The UK will be fine post brexit so long as we keep free market capitalism
And dont forget the £10 billion net on EU subs that is money that will not flow out anymore which should support the pound. Everything considered I think the most likely outcome is a small net movement either way, positive or negative, nothing world/nation changing