Debate House Prices


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Brexit the economy and house prices part 6

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Comments

  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sigh. So once again you have failed to answer the question, which was:

    “Please can you provide some actual, real examples of JIT supply chains operating across continents in the way that you describe, and how these examples have mitigated the risks involved?”

    If it helps, then having storage warehouses local to the manufacturing plant, and calling off from those on a JIT basis is not a JIT supply chain. I’m looking for the examples that you say exist where the JIT is intercontinental from the OEM manufacturing facility to the final assembly plant, with no intermediate storage or holding.

    This a bit like brexit in miniature - I’m attempting to hold a brexiteer to account for some statement that they have made, and they have utterly failed to provide any evidence or justification...
    Looks like we have to go back to my post #662 that you objected to, calling for more evidence:
    Correct, JIT (along with a number of othe excellent industrial practices) was invented by the Japanese and has been adopted by most industrialised countries, most of which strangely enough are thriving outside of the EU.
    And only since that post have you introduced first the condition "show me an intercontinental example" and just today "where no warehousing is needed".
    I think you sensed you were going to lose this one quite a while back.
  • buglawton wrote: »
    Looks like we have to go back to my post #662 that you objected to, calling for more evidence:
    Correct, JIT (along with a number of othe excellent industrial practices) was invented by the Japanese and has been adopted by most industrialised countries, most of which strangely enough are thriving outside of the EU.
    And only since that post have you introduced first the condition "show me an intercontinental example" and just today "where no warehousing is needed".
    I think you sensed you were going to lose this one quite a while back.

    There’s only one person backtracking here, and it isn’t me.

    It was your post #664:

    “All the more amazing then that Japan, South Korea, USA et al all happily cooperate with JIT supply chains.”

    That prompted me to ask the question in post #665:

    “Please can you provide some actual, real examples of JIT supply chains operating across continents in the way that you describe, and how these examples have mitigated the risks involved?”

    Because the last time I checked,the USA and Japan were on separate continents.

    The comment about warehousing was intended to be helpful to you to give you a better understanding of the answer you were supposed to be providing. If a supply chain includes warehousing it is not a JIT supply chain. It can have some JIT element to it (normally the last leg to the manufacturing facility) but it is not, as a whole, JIT.

    If I were being uncharitable I would now expect further backtracking from you about that being what you meant all along; and of course you can’t do the whole thing across continents...
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We might have to agree to disagree.

    It's obvious that
    Brexit adds to challenges facing car parts suppliers
    Electrification, automation and high expectations join worries over border controls
    https://www.ft.com/content/44589a00-582d-11e7-80b6-9bfa4c1f83d2


    Because the Mini and other current EU JIT examples won't work well until new cross border goods transit deals are agreed. Lets see, post-Brexit if manufacturing plants are still allowed to work closely.
  • buglawton wrote: »
    We might have to agree to disagree.

    It's obvious that
    Brexit adds to challenges facing car parts suppliers
    Electrification, automation and high expectations join worries over border controls
    https://www.ft.com/content/44589a00-582d-11e7-80b6-9bfa4c1f83d2


    Because the Mini and other current EU JIT examples won't work well until new cross border goods transit deals are agreed. Lets see, post-Brexit if manufacturing plants are still allowed to work closely.

    Indeed - and we’re pretty much back where we started:

    https://www.ft.com/content/8f46b0d4-77b6-11e8-8e67-1e1a0846c475

    With Honda’s concerns about having to hold stock in the absence of any deal. The most sensible and pragmatic solution would be to remain in a customs union, but that’s a whole new can of debating worms...:)
  • Lornapink
    Lornapink Posts: 410 Forumite
    Second Anniversary
    Treasury economic modelling is flawed say economists from the Centre for Business Research (CBR) at Cambridge University.
    The paper examines in detail the predictions of a range of official and academic reports on the economic impact of Brexit issued during and after the Brexit referendum. The paper concludes that most of these, and especially the Treasury reports, were “flawed”.
    https://insight.jbs.cam.ac.uk/2018/treasury-economic-modelling-is-flawed-say-economists-from-the-centre-for-business-research-cbr/
    Restless, somebody pour me a vino.
  • Lornapink
    Lornapink Posts: 410 Forumite
    Second Anniversary
    Arklight wrote: »


    People like to blame their problems on outside forces. For reasons I find hard to fathom, some of the least well off people in (predominantly) England, repeatedly vote Tory and read the right wing press.



    Labours entire narrative is predicated on the notion of the oppressed being harmed by oppressors, typically in the shape of white men and their white privilege.
    It's the undergrad, ideologically possessed politics of victimhood and identity bought to you by very posh white men from North London.

    Dawn Butler's latest contribution to battling for the working class comes in the form of her being offended by Jamie Oliver's Jerk Rice, after all this is another case of cultural appropriation by a white male.

    Lets hope no Jamaican dares ever try marketing a curry product, those Indians wont be best pleased. Lets hope Rusty Lee wont be serving up any more Italian dishes. Just what the nation needs, more division and highlighting difference.

    And you wonder why working class people are turned off by the student politics of the North London Labour set?
    Restless, somebody pour me a vino.
  • Lornapink wrote: »
    Treasury economic modelling is flawed say economists from the Centre for Business Research (CBR) at Cambridge University.
    The paper examines in detail the predictions of a range of official and academic reports on the economic impact of Brexit issued during and after the Brexit referendum. The paper concludes that most of these, and especially the Treasury reports, were “flawed”.
    https://insight.jbs.cam.ac.uk/2018/treasury-economic-modelling-is-flawed-say-economists-from-the-centre-for-business-research-cbr/

    Already posted in part 5, post 10977. And it was pointed out then that one of the authors is the editor of “Briefings for Brexit”, a pro-brexit website and curiously fails to disclose that fact...
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Indeed - and we’re pretty much back where we started:

    https://www.ft.com/content/8f46b0d4-77b6-11e8-8e67-1e1a0846c475

    With Honda’s concerns about having to hold stock in the absence of any deal. The most sensible and pragmatic solution would be to remain in a customs union, but that’s a whole new can of debating worms...:)
    The EU has regrettably made it plain that customs union = FOM. Since FOM was probaly the single biggest factor of the referendum result, it rather looks - thanks to EU red lines - as if customs union <> democracy.
  • Lornapink wrote: »
    ...

    Dawn Butler's latest contribution to battling for the working class comes in the form of her being offended by Jamie Oliver's Jerk Rice, after all this is another case of cultural appropriation by a white male.

    Lets hope no Jamaican dares ever try marketing a curry product, those Indians wont be best pleased. Lets hope Rusty Lee wont be serving up any more Italian dishes. Just what the nation needs, more division and highlighting difference.

    ...

    Slightly disturbingly, I actually agree with you about this. It’s about as ridiculous as the brexiteers who attempt to claim that “gammon” is somehow a racist term, when it was originated by Charles Dickens.
  • Lornapink
    Lornapink Posts: 410 Forumite
    Second Anniversary
    Slightly disturbingly, I actually agree with you about this. It’s about as ridiculous as the brexiteers who attempt to claim that “gammon” is somehow a racist term, when it was originated by Charles Dickens.


    The originator of a term bears no relation to whether sometime later that term becomes a term of offence. I don't think many of us gammons are offended by it but what does disturb us is the double standard in a Britain where so many claim to be eternally offended and in need of some sort of recompense.


    The safe space social justice warrior fraternity are at pains to point out offence is given if offence is taken. As Jordan Peterson warned some time back, if one can play at victimhood then so can two. The left eating itself was another of his warnings and is now playing out in women's changing rooms as dirty great ginger bearded Yorkshire men claim to be Veronica for the afternoon & thus lefty feminists are battling with lefty trans people for the crown of the oppressed.
    Restless, somebody pour me a vino.
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