Brexit the economy and house prices part 7: Brexit Harder

gfplux

Don_Two wrote: »

Just to but in and correct you:

The UK has the MHRA and the Bank of England.
Already.
Instead of duplicating as we have been doing for decades are you seriously suggesting that using our own existing regulatory bodies will not be cheaper than the forced subscription and duplication?
That's like saying that owning two cars is cheaper than owning one; obviously ridiculous.

Tell that to the International Pharmaceutical industry and the International Financial industry.
https://www.cityam.com/the-number-of-floats-in-london-dropped-to-a-decade-low-last-year/

gfplux

adindas wrote: »

I did answer you in the previous post. It is a personal question and
I said I do not answer personal question which is irrelevant to brexit.

Didn't your teacher tell you that opportunity come and go all the time and when it comes you need to grab it .....

But if you are asking about opportunity for the people, business in the UK after Brexit then:
Airbus set to expand in Britain after Brexit as Boris Johnson's withdrawal bill sweeps away uncertainty

https://www.thisismoney.co.uk/money/markets/article-7870403/Airbus-set-expand-Britain-Brexit.html

It is entirely different to what was said before the recent GE.

The UK Fishing industry booming if the UK is to reclaim the UK water after Brexit.

Opportunity to trade directly with other countries. Keep in mind the future of the favourable global market lie in Asia, not EU. With a better link, better communication, good transportation link, lower cost of freight the things which could not be done previously is start to become doable.

Not to mention there is suddenly money available which was used to subsidize the poor EU countries, EU farmers is now available to boost the economy, infrastructure.

Much of this was possible before Brexit.
If you could not sell your widgets to Asia before Brexit why will your widgets suddenly become attractive after Brexit. As a retired international salesman I am interested in your answer.
PS With slowing growth Chine will not want as many widgets as before.
https://www.reuters.com/article/us-china-economy/china-posts-weakest-growth-in-29-years-as-trade-war-bites-but-ends-2019-on-firmer-note-idUSKBN1ZF2YR

You have lost me when you mention better communication,transportation and lower costs after Brexit. Please explain as I think you are simply WRONG about that

Your hopes for the “British” fishing industry is commendable however you may see that this is going to be much more complicated than you can ever imagine. Just keep watching the negotiations during the coming months.

I am delighted that the European Airbus Company is prospering but do not forget that the huge problems facing Boeing is helping.

Britain will continue to pay its full contribution to the EU during 2020 so you will have to wait to see if the money will boost the economy (how) and Infrastructure (what projects)

adindas

gfplux wrote: »

Much of this was possible before Brexit.
If you could not sell your widgets to Asia before Brexit why will your widgets suddenly become attractive after Brexit. As a retired salesman I am interested in your answer.

Did not you notice I am talking about the opportunity to negotiate by your own. UK exports is not just limited to manufacturing, but the vast majority of the UK export are in service industries. Not many developed countries in the world would want to compete with Asia in manufacturing widget anyway. They could do it cheaper due to a lower labour cost and the exploitation of the economics of scale. In manufacturing Developed countries will compete selling high tech products. Aircraft, fighter jets, Aircraft carriers are just a few examples. New invented medicine are another example. Do not forget the things like formula one, football.

gfplux wrote: »

You have lost me when you mention better communication,transportation and lower costs after Brexit. Please explain as I think you are simply WRONG about that

In which planet are you on. If you were an acute retired salesmen, which I doubt you should be able to compare the way you used to communicate with your business partner in the past and the way the people could communicate nowadays. Also you should be able to compare how fast you could reach your business client in the past and to this date. The cost of international communication is now virtually becoming cheaper and cheaper. Do not you see that now, the movement of goods, services are now much faster than it used to be and it will keep moving on the faster speed. The machines, processor, IT used to process the business administration moving faster exponentially following Moore's Law.
The international transport link, 5G keep improving

gfplux wrote: »

Your hopes for the “British” fishing industry is commendable however you may see that this is going to be much more complicated than you can ever imagine. Just keep watching the negotiations during the coming months.

Without the UK water many of EU fishermen will cease to exist.

gfplux wrote: »

I am delighted that the European Airbus Company is prospering but do not forget that the huge problems facing Boeing is helping.

Britain will continue to pay its full contribution to the EU during 2020 so you will have to wait to see if the money will boost the economy (how) and Infrastructure (what projects)

An then what happen next after 2020 ?? Good luck than with the EU to plug that hole. Brexit is about the long term impact, not short term.

Fran_Klee

gfplux wrote: »

Tell that to the International Pharmaceutical industry and the International Financial industry.
https://www.cityam.com/the-number-of-floats-in-london-dropped-to-a-decade-low-last-year/

I don't need to, I gave you all the proof needed that you were as usual wrong.

Quite what you're trying to suggest because of one area of the UK financial sector being a little slow when we are in the midst of a global slowdown I do not know.
What is your point?

gfplux

adindas wrote: »

Did not you notice I am talking about the opportunity to negotiate by your own. UK exports is not just limited to manufacturing, but the vast majority of the UK export are in service industries.

”negotiate by your own” Do you actually think that a UK salesman could not fly to Chine on his/her own and sell his widgets or services.

In which planet are you on. If you were an acute retired salesmen, which I doubt you should be able to compare the way you used to communicate with your business partner in the past and the way the people could communicate nowadays. The cost of international communication is now virtually becoming cheaper and cheaper. Do not you see that now, the movement of goods, services are now much faster than it used to be and it will keep moving on the faster speed. The machines, processor, IT used to process the business administration moving faster exponentially following Moore's Law. Brexit is abut the long term impact, not short term.

The international transport link, 5G keep improving
I am a retired salesman not acute. Yes you are correct a week after I had retired things had already changed. However the world changes for British widgets or services wether Britain is in or out of the EU.


Without the UK water many of EU fishermen will cease to exist.

This is directly from the Political Declaration about fishing rights.
QUOTE
XII. FISHING OPPORTUNITIES
71. The Parties should cooperate bilaterally and internationally to ensure fishing at sustainable levels, promote resource conservation, and foster a clean, healthy and productive marine environment, noting that the United Kingdom will be an independent coastal state.
72. While preserving regulatory autonomy, the Parties should cooperate on the development of measures for the conservation, rational management and regulation of fisheries, in a non- discriminatory manner. They will work closely with other coastal states and in international fora, including to manage shared stocks.
73. Within the context of the overall economic partnership the Parties should establish a new fisheries agreement on, inter alia, access to waters and quota shares.
74. The Parties will use their best endeavours to conclude and ratify their new fisheries agreement by 1 July 2020 in order for it to be in place in time to be used for determining fishing opportunities for the first year after the transition period.
END QUOTE
If you can imagine what the agreement will look like, then clever you.

An then what happen next after 2020 ?? Good luck than with the EU to plug that hole.

Of course there is a hole but it will be plugged.

gfplux

Fran_Klee wrote: »

I don't need to, I gave you all the proof needed that you were as usual wrong.

Quite what you're trying to suggest because of one area of the UK financial sector being a little slow when we are in the midst of a global slowdown I do not know.
What is your point?

The departure of those two regulatory body’s will have an effect and Britain will have to plug the hole left by them. This will not be at zero cost.
To pretend it will not and has not had an effect is just silly.
Sure Britain will not collapse because of these two things but there is a cost.
To continue to deny it does not achieve anything other than illustrating that you are ignoring simple facts.
PS it will not hurt you to except it.

Fran_Klee

gfplux wrote: »

You are mostly correct it is not as bad as countries like North Korea.

However excepting [sic] that things are poor rather than demanding better is perhaps why things don’t get better.

Quite why you mention North Korea when that didn't feature anywhere in lisyloo's post I don't know - unless of course you're still sore? Take heart; Luxembourg has no housing or transport problems whatsoever and is perfect in every way. Except that it doesn't have anything to keep you occupied like this British forum, of course.

Not living in the UK you probably don't realise that the main reason the Tories were voted-in was that people are demanding better and the Tories offered better.
In case you forgot, the way the system works is that if they don't deliver on the promises to make things better the chances are that in the next General Election the party will get the order of the boot and whoever looks most likely to deliver the goods will govern.

gfplux

Fran_Klee wrote: »

Population 2004 of 2.28 million vs population 2020 of 1.85 million - THAT is your "disaster" because at this rate Latvia will have a population of zero by the next turn of the century.
What happened to all these Latvians?
Well, over 100,000 of them came to the UK for a start.
The link helps explain why.
https://www.politico.eu/article/latvia-a-disappearing-nation-migration-population-decline/


You have to laugh at mayo's desperate attempt to "big up" the improvements; double nothing is still nothing.
Unless of course Mayo is suggesting that a rapid decline in UK population would likewise see "GDP per capita? Tripled
Exports? Tripled. Marked improvements in healthcare, education, welfare, security, productivity, etc..." so long as the EU pump in billions per year like they have with Latvia? :whistle:

Funny coincidence mentioning Latvia.
According to the latest statistics Latvia’s housing market is on fire
Latest statistics show 13.5% increases.
Article here
https://delano.lu/d/detail/news/lux-housing-11-3rd-highest-increase-eu/209109?utm_medium=email&utm_campaign=Friday%252017%2520Jan%25202020%2520Noon%2520Briefing&utm_content=Friday%252017%2520Jan%25202020%2520Noon%2520Briefing+CID_6866e29196e6f745f073dbf7d54bf49c&utm_source=Newsletter&utm_term=Read%2520more
Full details of all EU
https://ec.europa.eu/eurostat/documents/2995521/10159199/2-16012020-AP-EN.pdf/

Looks like all those highly skilled hard working Latvians are taking their pounds and investing in their home country where the majority will return to in due course.

Fran_Klee

gfplux wrote: »

The departure of those two regulatory body’s will have an effect and Britain will have to plug the hole left by them. This will not be at zero cost.
To pretend it will not and has not had an effect is just silly.
Sure Britain will not collapse because of these two things but there is a cost.
To continue to deny it does not achieve anything other than illustrating that you are ignoring simple facts.
PS it will not hurt you to except it.

There is no hole.
Accept that - I provided proof; we already have our own statutory bodies.
The EU bodies are, as is so often the case with anything EU-related, duplications.
Reasons to employ EU quangos and nothing more.

Them's the facts and quite why you ignore them is baffling.

You forget I think that the UK was regulating banking and medicines long, long before the EU even existed and in fact the EU only started its own EMA in 1995.
Don't tell me that you think there was no regulation either in the UK or anywhere in Europe prior to that?

Fran_Klee

gfplux wrote: »

Funny coincidence mentioning Latvia.
According to the latest statistics Latvia’s housing market is on fire
Latest statistics show 13.5% increases.

"On fire" :rotfl:
Do you not understand figures very well?
Quite apart from the fact that Latvian prices have recently been falling, I'd like to see you try and buy an apartment in Luxembourg for €20k like you can easily in Latvia.
Tell us please if 13.5% of that sum is equivalent in Euros to the 11% increase of a Luxembourg apartment?


https://www.meretdemeures.com/en/detail/apartment-for-sale-in-liepaja-liepaja-latvia/104081/

https://www.meretdemeures.com/en/detail/house-for-sale-in-riga-riga-latvia/181092/