Brexit the economy and house prices part 7: Brexit Harder

MobileSaver

Crashy_Time wrote: »

the UK leaving the EU is a massive blow to the EU,

Well, yes, of course it is but it's an even bigger blow to the UK...

James530

The value of the £ has decreased massively but there is some (barley any) good news there are cheaper places to buy houses than others and some have better or worse councils (brexit hasn’t made them any better tbh)

Thrugelmir

phillw wrote: »

The Japanese deal with the EU has come at the wrong time for leavers, but the right time for the EU.

Japan can manufacture at home and export into the EU. See little advantage for the EU. Other than trying to sell into Japan. Which historically has been a challenging marketplace to do so.

Crashy_Time

MobileSaver wrote: »

Well, yes, of course it is but it's an even bigger blow to the UK...

Don`t agree, the EU by it`s very nature needs to keep countries under it`s political and economic dominance to hang together, all the UK needs after leaving are some trade deals, and I doubt the citizens of the EU are going to ignore our market (especially if they are in recession) just to please a few egos in Brussels and a few remainers on the internet?

Herzlos

All we need are some trade deals, with who and for what?

gfplux

Herzlos wrote: »

All we need are some trade deals, with who and for what?

If Britain rejects a “deal” and crashes out at the end of March damaging both itself and EU countries, then Good luck with starting trade talks with the EU in April.

J_Nostin

gfplux wrote: »

If Britain rejects a “deal” and crashes out at the end of March damaging both itself and EU countries, then Good luck with starting trade talks with the EU in April.

Well the EU are obviously not interested in preventing damage to or in their own member countries, are they - and not just regarding Brexit.

Also you're not acknowledging that people buy goods, not countries. So if the EU decides not to engage in a trade deal with the world's 5th largest economy these people won't suddenly stop buying the produce, all that will happen is that the EU will expose their sellers to increased competition from the rest of the world.

Yes UK sellers might suffer too but since only between 5% & 8% of British businesses export to the EU - and since the EU sell us an extra £60 billions worth of goods per year and rising - plus the same competition proviso applies as to the EU, the overall impact to the UK will probably not be as great as some are trying desperately to suggest.

andrewf75

Tromking wrote: »

The thing is there was supposed to be (according to the Remoaners) clear water between a Brexit blighted U.K. and an EU area that was supposed to power on without us.

well that's just the same stupid argument from the other side.

buglawton

J_Nostin wrote: »

Well the EU are obviously not interested in preventing damage to or in their own member countries, are they - and not just regarding Brexit.

Also you're not acknowledging that people buy goods, not countries. So if the EU decides not to engage in a trade deal with the world's 5th largest economy these people won't suddenly stop buying the produce, all that will happen is that the EU will expose their sellers to increased competition from the rest of the world.

Yes UK sellers might suffer too but since only between 5% & 8% of British businesses export to the EU - and since the EU sell us an extra £60 billions worth of goods per year and rising - plus the same competition proviso applies as to the EU, the overall impact to the UK will probably not be as great as some are trying desperately to suggest.

I tend to agree with this, the implications of no-deal for EU manufacturing in the face of white-hot global competition are huge.

By contrast the UK, especially with it's separate floating currency and rather global outlook, is quite well placed to weather the storm.

We go WTO and the EU 27 will soon be at the deal-making table again.

andrewf75

buglawton wrote: »

I tend to agree with this, the implications of no-deal for EU manufacturing in the face of white-hot global competition are huge.

By contrast the UK, especially with it's separate floating currency and rather global outlook, is quite well placed to weather the storm.

We go WTO and the EU 27 will soon be at the deal-making table again.

The EU has never not been at the debating table, its the UK refusing to make the necessary tough decisions and compromises.

We could probably already have a Canada deal or a Norway deal. What has held things up is us pretending we can have our cake and eat it. That won't change once we're outside the EU negotiating....

The EU is prioritising the integrity of the single market and they have no further margin for compromise. Whereas the UK has a load of arbitrary and contradictory red lines