[Politics] Brexit

[larus]

Looking at the ridiculousness of that strap line we must be perceived as imbeciles by our European friends (not the EU for our more rabid NSC posters, just ordinary people).

It could be worse. It could be any one of many lies from the Remain camp.
1. House price crash.
2. £4200 per year worse off.
3. £30bln emergency budget.
4. Immediate recession.
5. Interest rate rises.
6. No more inward investment.
7. And, (drum roll), WWIII.

And twats on the remain side still go on about the f*cking bus. Oh, the irony,

 

[Hamilton]

And back to the bus. Both campaigns used misleading messages. The central leave theme was take back control, be it sovereignty, regulation, laws, trade deals,immigration or money. Staying in the single market means we must have free movement, ECJ primacy, full regulatory compliance, no independent trade deals which is why both the leave and Remain side made clear a vote to Leave would mean exiting the single market. This is also why the Government and opposition went into the last election saying the same. Speaking of a Reality check .. we are leaving the EU, the single market and the customs union so not sure why we are arguing about it.

I guess people are arguing because they don't like to see the country going to the dogs. But, as you say, we've voted out, so we appear to be charging towards the exit at speed. Better get on with it.

 

[Hampster Gull]

And back to the bus. Both campaigns used misleading messages. The central leave theme was take back control, be it sovereignty, regulation, laws, trade deals,immigration or money. Staying in the single market means we must have free movement, ECJ primacy, full regulatory compliance, no independent trade deals which is why both the leave and Remain side made clear a vote to Leave would mean exiting the single market. This is also why the Government and opposition went into the last election saying the same. Speaking of a Reality check .. we are leaving the EU, the single market and the customs union so not sure why we are arguing about it.

I raised the bus as you were labouring about what the Brexit campaign campaigned on. On what happens, let’s see, your vision has a few supporters in power, it may happen, but then again it might not

 

[nicko31]

It could be worse. It could be any one of many lies from the Remain camp.
1. House price crash.
2. £4200 per year worse off.
3. £30bln emergency budget.
4. Immediate recession.
5. Interest rate rises.
6. No more inward investment.
7. And, (drum roll), WWIII.

And twats on the remain side still go on about the f*cking bus. Oh, the irony,

The economy is £29B behind behind the curve versus if we'd stayed in. No emergency budget, just keep piling it on the national debt instead

Sounds like you're pretty content us with bumbling along while the rest of the world booms

 

[Hampster Gull]

It could be worse. It could be any one of many lies from the Remain camp.
1. House price crash.
2. £4200 per year worse off.
3. £30bln emergency budget.
4. Immediate recession.
5. Interest rate rises.
6. No more inward investment.
7. And, (drum roll), WWIII.

And twats on the remain side still go on about the f*cking bus. Oh, the irony,

Yes all nonsense....oh hang on....we are 10%-15% poorer now than before, we were top for economic growth of the G7 now we are bottom, we now see inflation at 4% when it was low before, we were seeing real pay rises now we see falling real pay, we were the 6th largest economy in the world now we are eighths, interest rates were the lowest ever and are now rising, house prices have flatlined and are falling in some areas, we lag our European neighbours who could go home on a Thursday having been more productive than we are by the time we finish on Friday and so on

 

[Dave the OAP]

rather late for feasibility stage isnt it? not my job but i work adjacent to project managers involved in office relocations across europe and it can take 12 months to move, once the decision to move has actually been made and destination chosen. are people banking on a transistion period they can put plans in to effect, being hopeful they can complete moves, or going through the motions?

Well the infrastructure is there and we are developing partnerships with german and French data centre operators. The work we are doing is how we can transition non eu companies that reside with us and others in our industry and move them. Yes There is still the transitional period that gives everyone the time to move and this has been factored in.

A mate works for a very large german bank and they had already moved a lot of their front office to Frankfurt, and they have been told that the back office functions in the UK will disappear and will be filled in Germany. That will have a significant impact on London.

 

[beorhthelm]

The economy is £29B behind behind the curve versus if we'd stayed in.

according to forecasts from the same economists that predicted all the other numbers. it would be easier just to acknowledge that the economic doom hasn't happened and the negative pitch for remaining was what lost the campaign.

 

[larus]

The economy is £29B behind behind the curve versus if we'd stayed in. No emergency budget, just keep piling it on the national debt instead

Sounds like you're pretty content us with bumbling along while the rest of the world booms

More emotive clap-trap. There is no way to say with certainty what the economy would be like had we voted to remain. That’s all opinion, yet you want to base your views on the same people that forecast Armageddon.

There’s none so blind as those that won’t see eh.

 

[Lincoln Imp]

Sentence 1 I'm only going by what you post. When will the implications of a negotiated settlement be fully known?

Sentence 2 Not sensitive just pointing out the contradictions.

Sentence 3 Cobblers, Hard Brexit is a made up concept by Remoaners and varies depending on the level of hysterical grizzling.

Semantics. The implications of the negotiations will be far better known when the negotiations are further down the line. Surely you are not disputing that? (Arguably, nothing in life is 'fully known' until after it has happened: isn't the art of planning any future direction to make a decision based on gathering as much information as can be available? Interesting to see weekend research suggesting that potential Labour voters are now more in favour of having a second referendum than not.)

 

[larus]

Yes all nonsense....oh hang on....we are 10%-15% poorer now than before, we were top for economic growth of the G7 now we are bottom, we now see inflation at 4% when it was low before, we were seeing real pay rises now we see falling real pay, we were the 6th largest economy in the world now we are eighths, interest rates were the lowest ever and are now rising, house prices have flatlined and are falling in some areas, we lag our European neighbours who could go home on a Thursday having been more productive than we are by the time we finish on Friday and so on

More lies.

We are still forecast to be the 6th biggest economy in 2018/19 (source www.fosus-economics.com).
4% inflation - really, I must have missed that. There’s poor me thinking that it had just fallen from 3.1% to 3%. But you remainers don’t seem to have problems with lies, or maybe just not intelligent enough to understand them eh!

10%-15% poorer than before. More complete and utter ‘toys out of the pram’ pathetic lies. Really, based on what? This huge recession (which has not happened). At least put up sensible posts, but yours wouldn’t even qualify as ‘fake news’ they are so ludicrous.

House prices have flat-lined. Well, that’s bloody great news, or are you so ty=hick that you think asset bubbles are great for the economy and that they help the poorer/younger in society.

Interest rates are exactly the same level as at the time of the referendum. More BS from you.

Lag our European neighbours; ah yes. That booming economy which is still running QE to BOOST IT’S ECONOMY.

So, you now want to blame the productivity gap in the UK economy on Brexit too eh! Christ, it’s been iodscussed for f*cking years, but no, it’s now the fault of Brexit.

I could go on more, but you really haven’t said anything which stands up to scrutiny. 0/10.

 

[Herr Tubthumper]

Yes all nonsense....oh hang on....we are 10%-15% poorer now than before, we were top for economic growth of the G7 now we are bottom, we now see inflation at 4% when it was low before, we were seeing real pay rises now we see falling real pay, we were the 6th largest economy in the world now we are eighths, interest rates were the lowest ever and are now rising, house prices have flatlined and are falling in some areas, we lag our European neighbours who could go home on a Thursday having been more productive than we are by the time we finish on Friday and so on

My predictions of higher prices, less well off, a future passport with little value and and absolute cluster **** of negotiations are absolutely bang on.

 

[nicko31]

More emotive clap-trap. There is no way to say with certainty what the economy would be like had we voted to remain. That’s all opinion, yet you want to base your views on the same people that forecast Armageddon.

There’s none so blind as those that won’t see eh.

Where are positioned now on economic growth on the G7 & G20? Face it the rest of the world is saving our bacon. When the tides goes out we'll have no clothes on

Start saving for your private health plan

 

[Baldseagull]

More lies.

We are still forecast to be the 6th biggest economy in 2018/19 (source www.fosus-economics.com).
4% inflation - really, I must have missed that. There’s poor me thinking that it had just fallen from 3.1% to 3%. But you remainers don’t seem to have problems with lies, or maybe just not intelligent enough to understand them eh!

10%-15% poorer than before. More complete and utter ‘toys out of the pram’ pathetic lies. Really, based on what? This huge recession (which has not happened). At least put up sensible posts, but yours wouldn’t even qualify as ‘fake news’ they are so ludicrous.

House prices have flat-lined. Well, that’s bloody great news, or are you so ty=hick that you think asset bubbles are great for the economy and that they help the poorer/younger in society.

Interest rates are exactly the same level as at the time of the referendum. More BS from you.

Lag our European neighbours; ah yes. That booming economy which is still running QE to BOOST IT’S ECONOMY.

So, you now want to blame the productivity gap in the UK economy on Brexit too eh! Christ, it’s been iodscussed for f*cking years, but no, it’s now the fault of Brexit.

I could go on more, but you really haven’t said anything which stands up to scrutiny. 0/10.

QE does a number of things, it improves liquidity and stops your currency rising too fast. The EU is not propping up the Euro, it is holding it back, and to be fair, if they were not, our rising shopping bills would be even steeper.
They are easing off on the QE so as not to see big swings in the currency, rather than halting abruptly and seeing the currency bounce around a bit.

 

[larus]

Where are positioned now on economic growth on the G7 & G20? Face it the rest of the world is saving our bacon. When the tides goes out we'll have no clothes on

Start saving for your private health plan

This is from https://ec.europa.eu/info/business-economy-euro/economic-performance-and-forecasts/economic-forecasts/autumn-2017-economic-forecast_en

The euro area economy is on track to grow at its fastest pace in a decade this year, with real GDP growth forecast at 2.2%. This is substantially higher than expected in spring (1.7%).
The EU economy as a whole is also set to beat expectations with robust growth of 2.3% this year (up from 1.9% in spring).

According to its Autumn Forecast released today, the European Commission expects growth to continue in both the euro area and in the EU at 2.1% in 2018 and at 1.9% in 2019 (Spring Forecast: 2018: 1.8% in the euro area, 1.9% in the EU).


Now compare that to the 'doom and gloom' forecasts from OBR, IMF etc.

So, the forecasts for 2017 were wrong as they expecting it to be 1.8% for the year, a whole 0.4% below the EU average. The EU which is still doing QE. Poor little old UK - it's decimated. Maybe you'd like to talk about employment levels in the UK and compare to the EU. Please do, as we have our lowest unemployment level in 40 years.

However you try to twist things, we have not fallen off the cliff. I realise that makes you very unhappy as your mantra is wrong, but try to look on the positive side. Things are just muddling along as they always do, some time a country has a bit of a spurt and other times it slows down. Growth is not constant, never has been and never will be.

 

[BigGully]

My predictions of higher prices, less well off, a future passport with little value and and absolute cluster **** of negotiations are absolutely bang on.

Utter rubbish, you have cherry-picked a couple of indicators, falling inflation and even a lessening of wage versus inflation disparity is hardly your original emotive prediction of runaway inflation, housing crash, rising unemployment, market crashes, immediate recession and off to hell in a hand cart.

Quite frankly saying 'higher prices' and some vague passport reference seems to show you are running out of steam on the economic front.

 

[The Clamp]

Utter rubbish, you have cherry-picked a couple of indicators, falling inflation and even a lessening of wage versus inflation disparity is hardly your original emotive prediction of runaway inflation, housing crash, rising unemployment, market crashes, immediate recession and off to hell in a hand cart.

Quite frankly saying 'higher prices' and some vague passport reference seems to show you are running out of steam on the economic front.

You and others pick out "immediate" recession as a way to write off remainers concerns. Financial experts admit they thought it would happen quicker but they also all agree it is happening. Undeniably.

 

[BigGully]

You and others pick out "immediate" recession as a way to write off remainers concerns. Financial experts admit they thought it would happen quicker but they also all agree it is happening. Undeniably.

What is happening and who is saying that a recessions, market crash, runaway inflation, housing crash, negative growth is undeniably going to happen, I know you have but who else ??

 

[The Clamp]

What is happening and who is saying that a recessions, market crash, runaway inflation, housing crash, negative growth is undeniably going to happen, I know you have but who else ??

Lots of people. Google it.

 

[larus]

QE does a number of things, it improves liquidity and stops your currency rising too fast. The EU is not propping up the Euro, it is holding it back, and to be fair, if they were not, our rising shopping bills would be even steeper.
They are easing off on the QE so as not to see big swings in the currency, rather than halting abruptly and seeing the currency bounce around a bit.

If they stopped QE and raised interest rates from 0%, then of course the currency would strengthen. And, on the other side of that, this would make borrowing more expensive with the EU area, which would suppress growth, so QE is stimulating. They still need to carry on with QE because of the instability inherent within the EURO countries due to the fact that there is no fiscal transfer.

Greece may be having 'high growth', but when you consider that it's GDP has shrunk from $354bln in 2008 to $194bln in 2016, and idiots start to bleat on about 'even Greece has higher GDP growth than the UK' that is a prime example of statistics being used to mislead. If they had double our rate of growth, then in 2008 terms, they would still only be 'equal' in relative terms. We

 

[beorhthelm]

You and others pick out "immediate" recession as a way to write off remainers concerns. Financial experts admit they thought it would happen quicker but they also all agree it is happening. Undeniably.

you seem to either not understand the words "recession" and "undeniably" or else just fishing without any information about the economy. there is no recession, it didnt happen, and the worse that the financial experts say is occuring now is slightly less growth than predicted.