Brexit the economy and house prices part 7: Brexit Harder

Tromking

MobileSaver wrote: »

What you really mean of course is that you cannot answer the questions because they challenge your view that being part of the EU is a bad thing.

Not really.
Unlike some Leave voters who view as it evil incarnate, I see the EU as a usually benign organisation, I just think we'd do better out of it.

Matt_L

Herzlos wrote: »

Yeah most of us will get through this, but since life is already hard why go out of our way to make it worse? If there was any upside on the horizon it'd be something people could swallow.

Well thats good to know, just this week Mark Carney has indicated there could be a, "Golden Age" for UK trade once we have left the EU and to top that off, Lord Price ( ardent remainer) has admitted there will be many benefits for an independent UK when it comes to trade once outside the EU...

Thrugelmir

SouthLondonUser wrote: »

Surely you realise the empire is over, don't you?

The Empire gave the UK it's affluence along with it's influence in the world. Selling off assets can only fund our lifestyle for so long.

J_Nostin

Thrugelmir wrote: »

The Empire gave the UK it's affluence along with it's influence in the world. Selling off assets can only fund our lifestyle for so long.

British ingenuity has been keeping us afloat for a few centuries and no doubt continues to help keep us afloat too though. From medicine and nanotechnology to capturing carbon dioxide at biomass power plants, from cinematic special effects to satellite technology there are many areas where Britain leads the world.

Selling off older assets as newer ones come to the fore might in many ways be a prudent option, a bit like trading in your old car to part-fund a new one. That's not to say that I approve of selling the family silver, mind.

Arklight

Thrugelmir wrote: »

The Empire gave the UK it's affluence along with it's influence in the world. Selling off assets can only fund our lifestyle for so long.

The life expectancy and income of the working classes increased substantially after the empire collapsed. Young working class boys were no longer expected to go overseas and fight and die facilitating Eton and Harrow's thievery of the non caucasian world.

Plenty of people got nothing out of the empire apart from malaria. If you think the UK's current influence comes from making half the world hate us you have a peculiar idea of influence. It's this kind of moribund trapped in 1930 leitmotif that bangs endlessly throughout Brexiter's arguments for Brexit. It's one of the things that makes me think it's unlikely that there will be any reonciliation between Remain supporting, mostly younger and educated people, and the Leave, mostly older and uneducated people.

The two camps views of what they want their country to be and what they want it to be remembered for are diametrically opposed.

Herzlos

Matt_L wrote: »

Well thats good to know, just this week Mark Carney has indicated there could be a, "Golden Age" for UK trade once we have left the EU and to top that off, Lord Price ( ardent remainer) has admitted there will be many benefits for an independent UK when it comes to trade once outside the EU...

Carney was talking about a managed Brexit. He still thinks a no-deal will be damaging.
He's also talking about a potential golden age.

No-one has denied there's potential for brexit to be a success, but what's been missing from the start is a plan. How to do we get to that golden age from here?

Herzlos

Tromking wrote: »

44% of the UK's export trade you mean of course.
I wouldn't want people to accuse you of hyperbole.

True.
But remember that almost all of the UK internal business still relies on some materials that potentially come from the EU. Any trading difficulties with the EU will hurt everyone who isn't 100% self sufficient.

Matt_L

Herzlos wrote: »

Carney was talking about a managed Brexit. He still thinks a no-deal will be damaging.
He's also talking about a potential golden age.

No-one has denied there's potential for brexit to be a success, but what's been missing from the start is a plan. How to do we get to that golden age from here?

May's deal minus the Backstop or with a legal exit date will be a good start, remember this is only a withdrawal agreement. Once that is done and dusted we can look at a good trading deal the remaining EU. Im all for having a good trading deal with our neighbours...

Kohoutek

Herzlos wrote: »

True.
But remember that almost all of the UK internal business still relies on some materials that potentially come from the EU. Any trading difficulties with the EU will hurt everyone who isn't 100% self sufficient.

The GDP of the EU 27 is about $20 trillion. That's the same size as the US, around 15 x bigger than Australia or 100 x bigger than New Zealand.

The idea that not having close economic relations with a $20 trillion economy on our doorstep is a good idea could only exist in the UK, with decades of anti-EU media rhetoric and a large part of the population still clinging onto an image of the UK that does not match reality.

Tromking

Kohoutek wrote: »

The GDP of the EU 27 is about $20 trillion. That's the same size as the US, around 15 x bigger than Australia or 100 x bigger than New Zealand.

The idea that not having close economic relations with a $20 trillion economy on our doorstep is a good idea could only exist in the UK, with decades of anti-EU media rhetoric and a large part of the population still clinging onto an image of the UK that does not match reality.

The idea that having a close economic relationship with our own continent should be dependent on our membership of a soon to be supranational federalised collection of nations is plain silly.
When all the silliness involved with us leaving is in the past, that close relationship will exist.