Brexit the economy and house prices part 7: Brexit Harder

Moby

lisyloo wrote: »

BBC seem to think that mays deal will get through on 3rd or 4th attempt.

It's what I have always said, Mayhem will continue to bring her turd of a deal back after giving it another polish. Each time the ERG will look at it and a few more will convince themselves they'll live with it. Finally she'll get it over the line when the DUP are re-assured by the AGs revised legal advice:rotfl: on the backstop. Of course a turd is still a turd and this country will be subject to EU laws and regulations for who knows how long with no voting rights or say in their implementation. The EU of course are quietly very happy. They have made an example of us and we will become a vassal state!

gfplux

Herzlos wrote: »

Lower mortgage affordability too, so lower prices will only benefit cash buyers.

And with a weak(er) pound those cash buyers with Euros and Dollars will enjoy themselves.

gfplux

phillw wrote: »

Until the next vote. We hold votes all the time for the same thing, this idea that you can only ever vote for one thing once was made by a liar.

We should have another referendum to go no deal brexit, or cancel 2016 referendum.

Let the people decide. I want to know there is a majority for a known outcome. Theresa Mays deal isn't a known outcome, it just kicks the can down the road for another couple of years.

All we need is a six month extension to brexit, hold the referendum almost immediately. Giving business a small amount of time to shutdown and relocate if we vote to leave on terms they can't live with.

I think I've heard this idea before... https://www.youtube.com/watch?v=B3rX4nJ0snc

I wonder what happened to that more sense?

If Britain decides not to leave the EU this time, the operative words are “this time”
Just like Quebec, Catalonia, French and Spanish Basque Countrys, Corsica, Sardinia, Sicily and countries effected by Pandemics like Zika or Ebola, Britain is blighted. Why would anyone wanting a foothold in Europe invest in a Britain who could suddenly reverse a decision and stay or leave or leave and stay. Flip, flop!
Even if Britain were to stay in the EU, Brexit Blight will effect Britain for a lifetime if not longer. Who will trust British politicians ever again?

phillw

cogito wrote: »

You'd be quite happy then to break up Spain and Belgium.

Those are countries, not unions, but there is an argument for it sure.

The UK is a union, if it's ok to leave one union then why not leave another?

gfplux wrote: »

Even if Britain were to stay in the EU, Brexit Blight will effect Britain for a lifetime if not longer. Who will trust British politicians ever again?

I agree, thank you for making that point. Revoking article 50 is an advantage as there would be legal rights and protections. Outside the EU we still have no trust, but we also have zero leverage.

Moby wrote: »

Of course a turd is still a turd and this country will be subject to EU laws and regulations for who knows how long with no voting rights or say in their implementation. The EU of course are quietly very happy. They have made an example of us and we will become a vassal state!

The problem with May's deal is that it's just a can to kick down the road.

It's a forgone conclusion that we'll end up being subject to some EU laws, like we're subject to many international laws. The problem is with the people who conned half the people into thinking that it was a bad thing. What particular EU laws are you worried about? Or is it just the thought of foreigners making laws?

All the countries in the EU are subject to the same laws that they pass, people think and talk as if the EU is just making laws that they force upon us. At least without MEPs we won't have the likes of Nigel Farage poisoning it.

mayonnaise

gfplux wrote: »

Britain is blighted. Why would anyone wanting a foothold in Europe invest in a Britain who could suddenly reverse a decision and stay or leave or leave and stay. Flip, flop!
Even if Britain were to stay in the EU, Brexit Blight will effect Britain for a lifetime if not longer.

True. Even if we revoke Art.50 today, much of the damage is already irrevocably done.
Our country's reputation in tatters.
Why would any entrepreneur invest in a country where the political and economic agenda is set by pandering to the xenophobic delusions of an ill-educated, bamboozled populace?

Tromking

gfplux wrote: »

If Britain decides not to leave the EU this time, the operative words are “this time”
Just like Quebec, Catalonia, French and Spanish Basque Countrys, Corsica, Sardinia, Sicily and countries effected by Pandemics like Zika or Ebola, Britain is blighted. Why would anyone wanting a foothold in Europe invest in a Britain who could suddenly reverse a decision and stay or leave or leave and stay. Flip, flop!
Even if Britain were to stay in the EU, Brexit Blight will effect Britain for a lifetime if not longer. Who will trust British politicians ever again?

‘Brexit Blight’.
You don’t half write some drivel sometimes.
Britain’s ability to bring in foreign inward investment dwarfs just about every other EU nation and even after the 2016 vote this has remained the case.
It doesn’t suit your miserablist anti-UK view to look at this rationally I’ve noticed.

mayonnaise

Tromking wrote: »

‘Brexit Blight’.
You don’t half write some drivel sometimes.
Britain’s ability to bring in foreign inward investment dwarfs just about every other EU nation and even after the 2016 vote this has remained the case.
It doesn’t suit your miserablist anti-UK view to look at this rationally I’ve noticed.

Looking at this rationally, you could say that you are right in that we're still top destination for inward investment (while still part of the EU coincidentally ), but....

....its star is waning as Brexit uncertainty allows Germany and France to close the gap.

Last year the UK attracted 6% more foreign direct investment (FDI) projects that the previous year, according to figures compiled by EY in a survey of 450 global investors, but fell behind France, which grew by 31%, and the European average growth rate of 10%.

EY said the UK’s market share fell for the second successive year in 2017 and was likely to suffer a further decline as investors said they favoured Germany for the future. France was in second place, supported by the “Macron effect”, and the UK came third.

https://www.theguardian.com/business/2018/jun/11/germany-france-uk-foreign-investment-brexit-ey

Herzlos

mayonnaise wrote: »

True. Even if we revoke Art.50 today, much of the damage is already irrevocably done.

Which is about the only compelling argument left for Leave. We may as well if the damage is done.

Our country's reputation in tatters.

It'll come back in time, especially if we unwind it sensibly.

Why would any entrepreneur invest in a country where the political and economic agenda is set by pandering to the xenophobic delusions of an ill-educated, bamboozled populace?

It could require clauses regarding leaving the EU in any contracts that'd be affected - leases and the like. Most companies would be able to mitigate the worst of an EU exit with sufficient foresight (i.e. knowing it was a possibility before committing to anything).

Tromking

mayonnaise wrote: »

Looking at this rationally, you could say that you are right in that we're still top destination for inward investment (while still part of the EU coincidentally ), but....


https://www.theguardian.com/business/2018/jun/11/germany-france-uk-foreign-investment-brexit-ey

Selective googling on your part it seems.
This link was just above yours.

http://www.cityam.com/270147/uk-foreign-investment-hits-record-high-investors-shun

phillw

Tromking wrote: »

Selective googling on your part it seems.
This link was just above yours.

http://www.cityam.com/270147/uk-foreign-investment-hits-record-high-investors-shun

Actually it's your article that is being selective, a bit more foreign cash coming in due to sterling drops but it's a small portion of foreign cash as the other article shows it's flowing at faster rates to other european countries.

Don't worry, we'll escape from european prosperity soon enough.