Debate House Prices


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Brexit the economy and house prices part 7: Brexit Harder

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Comments

  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    The heat has just been turned up to 11 on the weakest prime minister and least competent government in my memory.

    I'm guessing there will be a significant extension and a general election.
  • wunferall
    wunferall Posts: 845 Forumite
    Arklight wrote: »
    The heat has just been turned up to 11 on the weakest prime minister and least competent government in my memory.

    I'm guessing there will be a significant extension and a general election.

    Why?

    A significant extension = elections for MEP's + in whatever extra costs the EU will demand for the privilege, so for those reasons alone I can't see that happening.

    A general election = more uncertainty not only for the existing bunch who surely know that their seats are in danger plus they're split in both the main parties on their Brexit stance, but also there's the possibility that the Brexit party could wipe the floor with the usual two parties and end up in government thanks to the sheer incompetence of the current lot.

    No, it looks like a no deal Brexit it will be but either way we've not got long before we know for certain.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Arklight wrote: »
    The heat has just been turned up to 11 on the weakest prime minister and least competent government in my memory.

    I'm guessing there will be a significant extension and a general election.


    Not needed,leave without a deal,sorted.
    Official MR B fan club,dont go............................
  • AG47
    AG47 Posts: 1,618 Forumite
    Does anybody else get the feeling that we are at a very important time in history for the uk.

    This could be a monumental moment with incredible changes to society

    House prices could fall a long way.
    Nothing has been fixed since 2008, it was just pushed into the future
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    At the moment what is the best outcome for Britain if remaining is ruled out.
    That is clearly NOT leaving without a withdrawal deal. That would cause short term chaos and undermine any chance of a mutually beneficial trade deal between the EU and Britain.
    The short term chaos will be bad enough that any discussion about the long term damage is pointless.
    Whatever the motives of those who want that outcome I will never understand them, just as I don’t understand people who self harm although I can feel sympathy for them and where they are in the middle of their destructive beliefs.
    The best outcome for Britain is leaving with the withdrawal/transition/political understanding deal agreed.
    There will be no Brexit dividend for Britain.
  • enthusiasticsaver
    enthusiasticsaver Posts: 16,070 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The EU have said no extension unless there is a specific reason like the PMs deal being agreed and needing time to get it through but as the MPs have rejected that twice already and Bercow refuses to table it for a third time it is hard to know what will happen. What is clear is that the EU are irritated by our government and PM as are most of the British public, both remainers and leavers. I cannot help thinking given the chaos of how our MPs cannot agree on a way forward how on Earth is this going to work? Short term chaos will be an understatement. I also cannot see any scenario in which this will be good for the UK. My dad was a shipping clerk prior to EU and he used to say the paperwork and confusion around all the different tariffs was a nightmare and was much easier after joining the EU in the 70s. Have all these private companies who work in customs had to get new software etc in case we go out without a deal?

    I personally would like them to be honest, say that leaving is not in our best interests and revoke A50. I cannot see anyway in which this will happen given the extreme ERG in the Conservative party. One thing I do know is I will never vote conservative again. JC is not much better though so there is no party which reflects my centre left leaning views. Politics is broken in this country.
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  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 21 March 2019 at 12:04PM
    One thing I do know is I will never vote conservative again. JC is not much better though so there is no party which reflects my centre left leaning views. Politics is broken in this country.

    Yeah, I got out at the last election. I'm not sure JC is the one to sort the country out, but TM scares me. She's just a puppet, the people pulling the strings are much much worse than JC could ever be.

    TM was a terrible home secretary and created a lot of hate against immigrants with her behaviour back then, like reducing border force funding to allow more people to sneak in and the go home vans to legitimise bad feelings towards them.
    ess0two wrote: »
    Not needed,leave without a deal,sorted.

    Well we wouldn't need to worry about troublesome things like converting eu law to british law as the lack of food will trigger a collapse in society. Reese Mogg and his cronies go off to their bunker and then take the benefit of the resultant fire sale. When there is blood on the streets, buy property.

    https://www.investopedia.com/articles/financial-theory/08/contrarian-investing.asp

    If you haven't received your invite to the bunker yet, then no deal is probably not going to benefit you.
  • Takedap
    Takedap Posts: 808 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    phillw wrote: »

    When there is blood on the streets, buy property.


    Coincidently, Blood in the Street was the name of a book co-authored by Jacob Rees-Mogg's father telling how to engineer a stock market crash & make a fortune from the ensuing misery.

    As Jacob told the Times in 2015: “My father, with whom I discussed all aspects of politics and finance, was the greatest influence in my professional life.”
  • phillw
    phillw Posts: 5,665 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 21 March 2019 at 1:06PM
    Takedap wrote: »
    Coincidently, Blood in the Street was the name of a book co-authored by Jacob Rees-Mogg's father telling how to engineer a stock market crash & make a fortune from the ensuing misery.

    It doesn't fit so well on the side of a bus.

    https://www.amazon.co.uk/Blood-Streets-Investment-Profits-World/dp/067162735X

    If you want to understand why Jacob Rees Mogg wants to ruin the British economy with a hard brexit, you only need to read this book. Everyone else's poverty has to be worth it to keep Moggy and his multitude of children in expensive suits and mansions. Take heart in knowing that his offspring will be many billions better off. Disaster capitalism at its finest.

    I just hope all the leave voters are ready to go with their investments.

    https://www.theguardian.com/books/2018/nov/09/mystic-mogg-jacob-rees-mogg-willam-predicts-brexit-plans

    In August, Alastair Campbell, Blair’s former right-hand man and a prominent remainer, wrote about The Sovereign Individual at length on his blog. He called it “the most important book you have never heard of”. “After reading it,” he intriguingly claimed, “it is easy to see” why Jacob “so loves Brexit, and the chaos and disorder, and opportunities for disaster capitalism and super-elitism, that it may provide.”

    I've no idea why anyone poor would vote to leave, to drag out an old analogy, it really is like turkeys voting for christmas. I accept that leave ran an ever so slightly more compelling campaign, but it saddens me to think that people are so disconnected with reality that they think that a popularity contest is more important than the future of the country. The evidence of what is to come is so obvious.
  • Takedap
    Takedap Posts: 808 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    phillw wrote: »

    I've no idea why anyone poor would vote to leave, to drag out an old analogy, it really is like turkeys voting for christmas.


    I think that some people were told they had nothing left to lose. I also think that they may soon find out the truth.
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