Brexit the economy and house prices part 6

Moby

antrobus wrote: »

Was Tony Benn a grubby Europhobe? Or did socialism-in-one-country make it hunky dory?

He saw the EU as a capitalist club. Do you think Mogg etc are motivated by the same principles?

fatbeetle

Italy, on the other hand, has not seen growth as strong as Spain's for years and in the second quarter of 2018 expanded at an annual rate of just 1.1 percent. Tepid growth has been one of the main reasons why Italians voted in such large numbers for more populist parties in this year's election.

The worry in financial markets is that Italy's new coalition government could ramp up its anti-euro rhetoric if growth stumbles further, especially after the European Central Bank end its bond-buying stimulus program this year, as it has signaled it will do.

Daniel Harenberg, a senior economist at Oxford Economics, said Wednesday's survey highlights again that the business cycles in the eurozone are "not perfectly in sync," with Italy potentially more affected by a slowdown in export orders in Germany

Not looking good over in the EUSSR...

Moby

fatbeetle wrote: »

Not looking good over in the EUSSR...

Wishful thinking. Brexiteers would just love the EU to implode.

Malthusian

Arklight wrote: »

Labour trouncing the Tories in the polls today.

Mervin King excoriates Theresa Maybe's Brexit incompetence.

It's not looking good for Brexiteers.

Which of those news items, specifically, is bad for Brexiteers? A party led by a Brexiteer trouncing a party led by a Remainer? Or a darts player stating the obvious?

LHW99

Rumours and rumours of rumours - but interesting
https://www.ft.com/content/55d24e0e-b10d-11e8-99ca-68cf89602132

Thrugelmir

LHW99 wrote: »

Rumours and rumours of rumours - but interesting
https://www.ft.com/content/55d24e0e-b10d-11e8-99ca-68cf89602132

Give us a clue.

Herzlos

Malthusian wrote: »

Drag my knuckles along the floor, punch a Pole then watch some Jeremy Kyle.

The actual answer is "carry on as normal" but you already knew that.

Thousands of people will be doing the exactly the same which is why there will be no grounding of flights, no travel ban for UK citizens, and transitional arrangements as needed.

So you don't expect there to be any teething problems on April 1st, for a business travel with goods that will need declared at customs?
I wish I could be so confident about that.

Herzlos

antrobus wrote: »

I still don't see how it effects the difficulty of negotiations.

Have you done much negotiation? It is much easier to do when you know exactly what you want and provide a united front.

The SNP white paper spells out exactly what they want and the party is behind it.
MY or whoever is negotiating is now doesn't know what they want and there's open revolt about it, so no hope of unity.

Thrugelmir

mayonnaise wrote: »

Tepid growth, unlike the UK's stellar performance of +0.2% in Q1 and +0.3% in Q2.

No wonder that after 20 years of stagnation in Italy there's social unrest........ Took 294 billion Euro's to bail Greece out. Can the Eurozone afford to help Italy. One suspects not.

Enterprise_1701C

Thrugelmir wrote: »

No wonder that after 20 years of stagnation in Italy there's social unrest........ Took 294 billion Euro's to bail Greece out. Can the Eurozone afford to help Italy. One suspects not.

I believe the bail out fund owes the UK about £22 billion. I very much doubt they could find the money to bail out Italy, or Portugal.