Brexit the economy and house prices part 7: Brexit Harder

Thrugelmir

Kohoutek wrote: »

None of those examples change the fact that overall hard Brexit would hit the UK hardest.

Don't underestimate the impact of the US\China trade war either.

Thrugelmir

Kohoutek wrote: »

Most of the people who support Brexit on this forum seem to be retired (presumably with final salary pensions), so I guess they wouldn't know (or care, unfortunately).

Nope in my case. My support is for the UK as a whole. Might only be a miniscule contribution but I do whatever I can.

fewgroats

Would you accept a second job, Thrugelmir?

Thrugelmir

fewgroats wrote: »

Would you accept a second job, Thrugelmir?

Over the years I have done second jobs, and more recently run a business for 10 years while working full time. From an early age my parents encouraged me to earn my own living. My first Saturday job was when I was 12 on a petrol station forecourt. No self service back then.

sevenhills

Kohoutek wrote: »

Most of the people who support Brexit on this forum seem to be retired (presumably with final salary pensions), so I guess they wouldn't know (or care, unfortunately).

Some people seem to think that daytime posters are workshy or something; I work full time, but on a split shift.
So I tend to post in the middle of the day and in the evening.

Tromking

Thrugelmir wrote: »

Don't underestimate the impact of the US\China trade war either.

Rumour has it that once China is sorted, Trump will be turning his attention to the EU.
This could be a good time to be breaking ranks.

Herzlos

Tromking wrote: »

Rumour has it that once China is sorted, Trump will be turning his attention to the EU.
This could be a good time to be breaking ranks.

You're not familiar with the concept of divide and conquer?

There's nothing we can do better against the US outside the EU than inside, except concede faster.

Tromking

Herzlos wrote: »

You're not familiar with the concept of divide and conquer?

There's nothing we can do better against the US outside the EU than inside, except concede faster.

Except of course that it works both ways, free from the supranational protectionism of the EU, a deal minus the concerns of German car makers and French agriculture may be to our long term advantage.

cogito

Thrugelmir wrote: »

Don't underestimate the impact of the US\China trade war either.

Very interesting point. If the Chinese agree to spend the money that Trump is demanding to balance trade with the USA, that will mean that the Chinese have over $1trn to spend elsewhere and who will take the hit?

Simple example. There are two major elevator manufacturers in the world - Otis in the USA and Kane in Finland. The Chinese buy most of their elevators from Kone.

You know where I’m going with this.

Herzlos

The US laugh about the UKs special relationship. It means nothing to them in practical terms.
You've seen what the US wants from a UK trade deal, are you happy with those concession? What do you think we can counter offer?

Tromking wrote: »

Except of course that it works both ways, free from the supranational protectionism of the EU, a deal minus the concerns of German car makers and French agriculture may be to our long term advantage.

So what do you think we'd be a to do differently? Take a deal with high tariffs on cars or food?