Brexit the economy and house prices part 7: Brexit Harder

Arklight

mayonnaise wrote: »

Peterborough Brexit vote 2016 : 61%
Peterborough Brexit Party Ltd. vote 2019: 29%

:beer:

Lib Dems overrated.
Tories devastated.
Farage humiliated.
Corbyn's Labour elevated!

gfplux

A no deal Brexit has hidden benefits that many Brexiters hoped for so they could buy more homes to rent out and many non home owning Brexiters wished for.
QUOTE
“The weakness of output and incomes, alongside rising interest rates and a pronounced tightening of financial conditions, results in sharp falls in some asset prices,” the Bank of England said in its modelling of a no-deal Brexit.

Many homeowners could also find themselves in negative equity, unable to sell up and move, further reducing demand in the property market.

Put simply, all these factors—a recession, job losses, higher interest rates, less mortgage lending, and so on—would seriously curb demand for house purchases.

And less demand means lower prices.

It would, forecasts suggest, be a long road to recovery for house prices should we crash out of the European Union without a deal.
END QUOTE
From that crazy remainer site Yahoo Finance.
https://finance.yahoo.com/news/what-a-no-deal-brexit-means-for-house-prices-081143651.html

Yes yes it is dated June 2019. So new news.

Thrugelmir

mayonnaise wrote: »

On a day when we honoured our veterans' sacrifice confronting fascism 75 years ago, it's still a sobering thought that our own fascist party comes a close 2nd in a by-election.

Seems as if the choice of Candidate wasn't particularly good choice.

Labour's new MP for Peterborough Lisa Forbes has apologised for liking a Facebook post where text above a video claimed Theresa May had a "Zionist slave masters agenda".

Dame Louise Ellman says Lisa Forbes should lose whip during probe; 2nd MP subject of complaints over alleged Jew hatred, including taunting staff member over Star of David

Seems as if Momemtum is antisemitic. Nor has any will to think otherwise.

Another by election soon? Let's hope so. As Corbyn continues to let matters slide.

Moby

https://www.theguardian.com/commentisfree/2019/jun/09/d-day-heroes-evoked-glorious-shared-purpose-now-under-threat

However, the truth that hung in the air over the famous beaches, at least for many Britons, was the disjunction between these values and those of Brexit. It betrayed, as at least one veteran gently chided, what they had fought for. I am a baby boomer, the son of a former artillery captain who landed at Arromanches two days after D-day. I got used to him, frustrated in some traffic jam, shouting at the car ahead: “Get a move on, don’t you know there is a war on?”

But when he took his family on holidays in 1960s Europe, he sought out any German his own age with a handshake; if this man was a former soldier, he insisted on buying him a drink. My brother and I would be told to play with his children while Dad tried, in whatever language he could, to say how much he respected his former adversary, how there must never be another war and how we must build Europe together around shared values and interests to prevent it.

Tromking

Arklight wrote: »

Zionism and Judaism are different things.

Completely different things.

Indeed they are.
A fact that often catches out the occassional Leftist in or out of Corbyn's Labour Party. It must be mightily difficult when you believe in the International Jewish Conspiracy not to be confused between the two sometimes.

Arklight

Tromking wrote: »

Indeed they are.
A fact that often catches out the occassional Leftist in or out of Corbyn's Labour Party. It must be mightily difficult when you believe in the International Jewish Conspiracy not to be confused between the two sometimes.

I don't disagree. I don't have any personal experience of this however as I have never met anyone who claims to be of a left wing persuasion who has mentioned anything like this. Not that they don't exist I'm sure. It's just all the racists I've met identify with, and vote for, right wing parties.

Tromking

Arklight wrote: »

I don't disagree. I don't have any personal experience of this however as I have never met anyone who claims to be of a left wing persuasion who has mentioned anything like this. Not that they don't exist I'm sure. It's just all the racists I've met identify with, and vote for, right wing parties.

I think we’ve moved on from the anecdotal Arky.
Labour’s antisemitism problem looks incontrovertible.

Arklight

Tromking wrote: »

I think we’ve moved on from the anecdotal Arky.
Labour’s antisemitism problem looks incontrovertible.

In what way?

gfplux

Good news for top rate tax payers. Boris not only promising huge amounts for the NHS but a major cut in income tax for high earners.
This from Politici.eu daily email this morning.

QUOTE
How to spend £10 billion: The other big news of the morning is Boris Johnson’s first big ticket policy announcement of the campaign. The Daily Telegraph gets the scoop (well, it pays Boris the usual £5,200 fee for his weekly column) and splashes the story across the front page — a plan to raise the higher rate income tax threshold from £50,000 to a whopping £80,000. These figures do not actually appear in the column itself, which says only that “we should be raising thresholds of income tax” to “help the huge numbers that have been captured in the higher rate by fiscal drag.” But they’ve clearly been briefed to the Telegraph, which calculates the pledge represents a massive tax cut of £1,000-a-year for people earning £60,000 or more, costing the Treasury a cool £9.6 billion a year. The cash would apparently be raised from the no-deal “headroom” built up in the budget by Chancellor Philip Hammond — it’s a good job we won’t be needing that for anything else, then.
END QUOTE

He says he did not lie about the NHS money so Boris knows where the money tree is growing. Thank you Boris.

Nasqueron

Arklight wrote: »

In what way?

The far left has always had an issue with Jews, it's frequently painted as being anti-Israel as a mask for the underlying anti-Semitism. In the 1980s, far left groups at university sought to ban Jewish student societies unless they rejected the state of Israel for example. However, the longer term issue goes back in time immemorial to the suspicion of Jews for being a rich elite secretly pulling all the strings which the left readily adopted as their anti-elite mantra as well as their religion being different to the Christian majority in Europe



I wouldn't engage too much with Tromking, I pointed out before that his signature is a deliberate misquoting of what Churchill actually said and the context it was said in, and he's left it in, trying to paint him as being anti-EU