Debate House Prices


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Brexit the economy and house prices part 7: Brexit Harder

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Comments

  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    IMF predicts the U.K. economy will grow faster than the Eurozone in the first two years after Brexit. Weird. :)
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • mayonnaise wrote: »
    You have watched it and you clearly saw he was being tripped. 9 seconds in. Why the denial? Was it you? :)
    Because chasing somebody while shouting at them and hitting them with a megaphone is obviously okay. It's hard to tell much from the video, it could be you or anybody as well as being anywhere..
  • goral
    goral Posts: 78 Forumite
    Tromking wrote: »
    IMF predicts the U.K. economy will grow faster than the Eurozone in the first two years after Brexit. Weird. :)

    Have you got any sources?

    London, City - banking - yes, it will be more offices for 1000 banks from EU - just because London will be new Singapur.
    That way Johnson always say "fantastic brexit" - yes it will be fantastic brexit for them, not for you or me or as.
    Ordinary people will be much worst after brexit.
    Just looks for farmers.
    New government proposition to replace EU subsidies. They will pay for leaving the land without any agricultural production. That means farmers who rent land from landowners, contract of lease will be finished. Farmers out! Make way for cheep low standard food from US.
    And landowner who will not make any agricultural production, they will receive Westminster subsidies.

    After all UK will be divided. On one hand super rich with City tax heaven, and other who will be on cheep low standard food from US. Whole UK (except City) will be like US dominium.
    It happen right now! So I'm not surprise Scotland want brexit with UK.
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    goral wrote: »
    Have you got any sources?

    The source is the IMF’s global growth report published today.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • goral
    goral Posts: 78 Forumite
    Tromking wrote: »
    The source is the IMF’s global growth report published today.

    And it's worth nothing. Because it is based on the assumptions of the government and its predictions.
    Besides, nobody knows what will happen after Brexit!

    What we know, is that there will be tariffs, agricultural will be shrink, less investment in UK, GBP will be go down.
    Mony smal business will finish. And I don't see what could replace them, even those who trade around the world today, they trade as part of the EU and not as the only UK.
  • Herzlos
    Herzlos Posts: 15,918 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Spike_E wrote: »
    I didn't really want to dip a toe but you are wrong, very wrong and it's you that isn't reading because the very first line says

    The first line says that, but then it goes on to explain why they think that and it just doesn't suit your argument. It's not over 1000 cast iron offices being set up, it's about 1000 applications for authorisation to trade. That sounds like pretty basic due diligence whether you've committed to moving or not. As I said, some of these ventures may be little more than a brass plate to have a uk presence with all of the work happening in the EU.

    It's not all bad, but it's unlikely to save the economy on it's own.
  • Herzlos
    Herzlos Posts: 15,918 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 20 January 2020 at 8:38PM
    Tromking wrote: »
    The source is the IMF’s global growth report published today.

    The one that says:
    In the!United Kingdom, growth is expected to stabilize at 1.4 percent in 2020 and firm up to 1.5 percent in 2021—unchanged from the October WEO. The growth forecast assumes an orderly exit from the European Union at the end of January followed by a gradual transition to a new economic relationship.

    Which is quite an assumption with Johnson at the helm.

    Edit: I actually misread a bit of the report. I thought it was talking about the UK gaining about 7800 jobs, but it's talking about the UK losing 7800 jobs to get I to EU markets. So these 1000 potentially tial ventures would need to hire an average of 7.8 staff to make up for what we've lost.
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    goral wrote: »
    And it's worth nothing. Because it is based on the assumptions of the government and its predictions.
    Besides, nobody knows what will happen after Brexit!

    What we know, is that there will be tariffs, agricultural will be shrink, less investment in UK, GBP will be go down.
    Mony smal business will finish. And I don't see what could replace them, even those who trade around the world today, they trade as part of the EU and not as the only UK.

    You’re a glass empty sort of chap aren’t you? :)
    Merely highlighting that the economic Armageddon predicted by many a miserablist Remoaner, maybe the complete load tosh many of us thought it might be. :)
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • Herzlos
    Herzlos Posts: 15,918 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Tromking wrote: »
    You’re a glass empty sort of chap aren’t you? :)
    Merely highlighting that the economic Armageddon predicted by many a miserablist Remoaner, maybe the complete load tosh many of us thought it might be. :)

    Did you read the report?
  • goral
    goral Posts: 78 Forumite
    Tromking wrote: »
    You’re a glass empty sort of chap aren’t you? :)
    Merely highlighting that the economic Armageddon predicted by many a miserablist Remoaner, maybe the complete load tosh many of us thought it might be. :)

    Get go down to earth. Businesses starts to panic:

    https://www.theguardian.com/commentisfree/2020/jan/20/sajid-javid-brexit-ft-interview
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