Debate House Prices


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Brexit the economy and house prices part 7: Brexit Harder

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Comments

  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Since according to the EU this bill was in the largest part for commitments made under the EU budget running until 2020 and since the UK has continued paying these past years that must surely mean that the remaining bill will be negligible if, as planned, the UK will remain a member until early 2020?
    What about the UK's share of EU assets (widely recognized & agreed) built up since joining, can anyone tell us when these will be discussed and agreement reached since it does look like the EU will owe quite a sum back to the UK?

    Any extensions which have happened have resulted in a reduction of the ‘divorce bill’. Johnson’s deal included a sum to be paid to the EU in settlement and if we leave at the end of January it will be reduced by three months worth. This did allow the Tory party to say that Corbyn had cost the country £3bn (or whatever) but this was not the case.

    As for EU assets, presumably that was factored into the deal when the payment was agreed. None of us are privy to the information within these deals but you’d like to hope that our negotiators counted them.

    It wasn’t ‘according to the EU’, incidentally. This was a negotiation between the U.K. and the EU.
  • Herzlos
    Herzlos Posts: 15,927 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    gfplux wrote: »
    If there is a NO DEAL those 27 countries sitting opposite (if they actually come to the table) will be very upset, with their political leaders angry, their Industry’s damaged, their economy weakened and they will blame Britain and Hulk Johnson. The damage will be done. Why would they actually want to do a trade deal quickly after that?


    And, potentially more importantly, given the damage to any good will we had - why would those 27 leaders do us any favours in negotiations or give any concessions that'd benefit us? We've ensured that they don't care about our interests.
  • Herzlos
    Herzlos Posts: 15,927 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    kingstreet wrote: »
    ... or more likely, a UK desire for divergence.


    Divergence is what's going to make it fall apart. We can get an easy deal without borders with full alignment, but we're going to need to diverge to get that deal with the US. As soon as we diverge then the EU will need to protect it's markets with import checks.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 13 November 2019 at 12:14PM
    mayonnaise wrote: »
    After Farage's capitulation today, I have to revise my forecast:

    Con 300
    Lab 250
    Lib Dem 40
    Brexit 0
    SNP 40
    Other 20
    SpiderLegs wrote: »
    God that would be truly fantastic. PM Jezza here we come :j


    On betfair the current price for Tory seats under and over 317.5 seats is:

    Over 1.36
    Under 3.82

    https://www.betfair.com/exchange/plus/politics/market/1.162087490

    Labour are short odds at 1.33 to get less than 237.5 seats
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Dee_Best
    Dee_Best Posts: 152 Forumite
    gfplux wrote: »
    Good news.....for Germany

    Tesla chooses Berlin

    Despite the peals of laughter and derision from the usual remain sources, Tesla made it be known as long ago as 2015 that they were going to choose Germany.
    https://www.treehugger.com/green-investments/elon-musk-building-next-gigafactory-germany-talked-government.html

    That's before the referendum and before Brexit meant anything.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Dee_Best wrote: »
    Despite the peals of laughter and derision from the usual remain sources, Tesla made it be known as long ago as 2015 that they were going to choose Germany.
    https://www.treehugger.com/green-investments/elon-musk-building-next-gigafactory-germany-talked-government.html

    That's before the referendum and before Brexit meant anything.
    Fake news.
    Do you even read the links you post?
    There's is no mention at all in that article that Tesla was going to choose Germany.
    Tesla Motors Inc. is in discussions with the German government over the prospect of building a battery factory in the country, Economy Minister Sigmar Gabriel said Tuesday.

    Tesla Chief Executive Officer Elon Musk has been in contact with German officials and may seek state support for the facility, Gabriel said at an event at a Mercedes-Benz car factory in Rastatt, Germany. Gabriel didn’t provide details about the proposed plant or timing of a decision.

    We’re in talks” with the Tesla CEO about a possible plant, Gabriel said. “I assume he will want public funds.”

    Reality is there were several options.

    UK
    Germany
    Czech Republic : https://www.share-talk.com/new-tesla-gigafactory-looks-at-prague-czech-republic/
    Portugal : https://algarvedailynews.com/technology/10403-tesla-in-talks-over-giga-factory-in-portugal

    What Brexit did was simply to remove the UK from the list of options.
    No more fake news now, understood? :naughty::naughty:
    Don't blame me, I voted Remain.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Originally Posted by gfplux
    Good news.....for Germany

    Tesla chooses Berlin

    Was announced in November 2016 that Tesla's first European plant would be built in Continental Europe. Logical as all of Tesla's existing plants aren't too far from a source of lithium for their battery production.
  • Dee_Best
    Dee_Best Posts: 152 Forumite
    mayonnaise wrote: »
    Fake news.
    Do you even read the links you post?
    You know, if you're going to start that type of disagreeable stance it would help your cause immensely if you took the time to practice what you preach. ;)

    From your first link:
    Musk recently toured Germany after an acquisition of a German company who would help in the design and development of the Gigafactory, and revealed that he plans a second factory in Europe.

    You see, German input there already.
    Now I can see you like the term "fake news" but if you're going to use it, might I suggest it's better that you don't employ this "fake news" yourself ?
    So :naughty::naughty: "No more fake news now, understood? :naughty::naughty:"
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    FWIW even as a remainer I don't think that it's worth debating whether or not a Tesla plant would have been built in the UK.

    Back in 2014 Musk did say that the first plant would be in continental Europe but that the second would be in the UK and an R&D centre would be in the UK before a car plant.

    It's a little worrying that he has brought Brexit into the conversation though.

    https://www.autoexpress.co.uk/tesla/model-s/87332/tesla-plans-uk-rd-base-charging-network-and-25k-3-series-rival
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