Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Brexit the economy and house prices part 6

1432433435437438506

Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    edited 1 December 2018 at 6:04PM
    Arklight wrote: »
    I'm afraid those experts are already in the process of packing up and going where the expertise is needed. Which isn't here.

    There are already 4 global GPS systems in operation and the Chinese are about to expand theirs globally which will make 5. They are all owned by superpowers or giant regional powers.

    The notion that some broke remnant of the Commonwealth is going to build a 6th system for military reasons, when all of it's constituent parts are militarily tiny and unable to deploy without the US (which incidentally hates Galileo and tried to block it but couldn't due to the EU being too large for it to bully) is complete fantasy.

    But that's what Brexit is all about isn't it? Epic self delusion. Lashings of ginger beer, comedy 1930s politicians boiling with anger about swarthy foreigners with turbans taking the women and plucky Britain what never did nothing to no one trying to survive in the midst of it all.


    It is little speeches like that that helped get us to the leave vote in the first place, and that help strengthen the feeling that actually leaving is the only course of action worth taking.
  • Herzlos
    Herzlos Posts: 15,938 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Crashy has a point; telling people they're wrong tends to just get them entrenched.

    buglawton wrote: »
    So it would only cost one eighth of our annual tithe to the EU to build an independent system? Bargain!

    It'd cost about the same as our annual EU contributions, just for our Gallileo equivalent at the quote price. We know in reality it'll be 2 or 3 times that by the time we launch something that doesn't quite work.

    It is probably the most expensive project we'll have to duplicate though.
  • fewgroats
    fewgroats Posts: 774 Forumite
    Fifth Anniversary 500 Posts
    Erm, you won't get defeated this month?
    Advent Challenge: Money made: £0. Days to Christmas: 59.
  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    Herzlos wrote: »
    Crashy has a point; telling people they're wrong tends to just get them entrenched.

    No it doesn't.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Lungboy wrote: »
    We don't give them £40bil a year, that's the one off divorce payment .
    I stand corrected, that £39 billion has been in the news so much lately it got stuck in my mind. Now I'm shocked at how big that divorce bill is, it's 4 years of net payments!
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Yes but it's good to see [STRIKE]Toxic Toastie[/STRIKE] Arklight back on form ....... and dragging multiple thanks out of Hamish & his sock puppets that nobody's supposed to realise.
    :D
    That's the thing that remainiacs like those just don't get. They think ordinary people are daft and - worse - make it obvious they think that. We've been deceived & lied too far too much already and adding to it when it is unnecessary is just pushing people more and more to want out of the EU at any cost.

    https://www.telegraph.co.uk/news/2018/09/10/jacob-rees-mogg-no-deal-brexit-will-boost-uk-economy-11-trillion/
    You have been deceived. Given that the UK economy is worth about £2 trillion per annum a “boost” worth £1.1 trillion over 15 years would be equivalent to 3% per year on top of the typical long-term growth of around 2.1% per annum.

    So Mogg is predicting just over 5% growth per annum per average over the next 15 years if we leave with no deal.:rotfl:
  • cogito
    cogito Posts: 4,898 Forumite
    Herzlos wrote: »
    It'd cost about the same as our annual EU contributions, just for our Gallileo equivalent at the quote price. We know in reality it'll be 2 or 3 times that by the time we launch something that doesn't quite work.

    It is probably the most expensive project we'll have to duplicate though.

    As I understand it, you are a non UK national living and working in this country as a guest, you should realise that it is impolite to make disparaging comments about your host.

    You don't know that a system made in the UK won,t work and you may have forgotten that a couple of Galileo satellites don,t work either.

    But if you care to tell us which perfect country you come from, I will be happy to point out a few areas where it is not perfect.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Tsk Cogito, you're too easy to bait. Britain is if nothing else a country that welcomes free speech, in that respect Herz hasn't overstepped the mark.
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    buglawton wrote: »
    Tsk Cogito, you're too easy to bait. Britain is if nothing else a country that welcomes free speech, in that respect Herz hasn't overstepped the mark.

    ....and to be fair to Herzlos he/she does reside in a region of the U.K. where the British State is regularly derided by a sizeable minority of the population. Let’s call it learned behaviour. :)
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • cogito wrote: »
    As I understand it, you are a non UK national living and working in this country as a guest, you should realise that it is impolite to make disparaging comments about your host.
    Says the chap who never fails to make disparaging comments about the EU while living in Greece. :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.