Europe --- In or Out

[Rayvin 5176]

You reckon it'll have "remain" on the ticket?

[ewerk 30259]

It has to.

[Renton 21294]

BoE predicting house prices to decrease by a third in the event of no deal. Cheers CT. We can add that to food prices going through the roof and food shortages, medicine shortages, planes grounded, driving licenses not valid abroad, loss of EHIC,  loss of skilled jobs on a scale not seen since thatcher, decrease of NE GDP of 16%, NHS, schools and all public bodies fucked, conflict in NI, break up of the UK.

 

But at least blue passports (which are considerably less useful than the maroon ones were). 

 

 

 

Edited September 13, 2018 by Renton

[Meenzer 15401]

1 hour ago, Renton said:

BoE predicting house prices to decrease by a third in the event of no deal. 

 

 

Cool, another 20% or so and they'll be starting to approach where they should be 

[Renton 21294]

7 hours ago, Meenzer said:

 

Cool, another 20% or so and they'll be starting to approach where they should be 

 

London maybe. Prices in some parts of the NE havent recovered from the levels before the 2008 recesssion yet. Plus what good is lower house prices when you haven't  got a job or the banks reject you on affordability, or interest rates are sky high?

 

I appreciate  you want a correction but having to trash the whole economy to get it isnt the answer. 

Edited September 14, 2018 by Renton

[Gemmill 44366]

The majority of that house price reduction would be felt in London and the south east. We're not going to see a 35% reduction up here.

[Renton 21294]

1 minute ago, Gemmill said:

The majority of that house price reduction would be felt in London and the south east. We're not going to see a 35% reduction up here.

 

Really? I doubt it, because London will always have an inherent supply demand problem, lots of foreign buyers, and will be most insulated from Brexit.

 

However, if Nissan goes, along with its supply chains, what effect will that have? It's our region predicted to have a 16% GDP fall because uniquely we have a surplus in trade with the EU. I think we'll take the brunt of it. 

[Gemmill 44366]

Well hopefully we'll never have to find out.

[Renton 21294]

2 minutes ago, Gemmill said:

Well hopefully we'll never have to find out.

Yes, hopefully. I'm buying a house in 3 weeks! 

[PaddockLad 17079]

Wasn’t Carney suggesting 30+% is a worst case scenario and that the BoE current stress tests for retail banks ensure that they can withstand any sort of financial fall out that this would cause?  

[Gemmill 44366]

The banks will survive. People....maybe not.

[Ayatollah Hermione 13794]

Ploughing my money into crypto currency. Don’t need a bank if your cyber coins are held in the info cloud

[Dr Gloom 21812]

10 hours ago, Renton said:

BoE predicting house prices to decrease by a third in the event of no deal. Cheers CT. We can add that to food prices going through the roof and food shortages, medicine shortages, planes grounded, driving licenses not valid abroad, loss of EHIC,  loss of skilled jobs on a scale not seen since thatcher, decrease of NE GDP of 16%, NHS, schools and all public bodies fucked, conflict in NI, break up of the UK.

 

But at least blue passports (which are considerably less useful than the maroon ones were). 

 

 

 

Project fear

[Renton 21294]

6 minutes ago, Ayatollah Hermione said:

Ploughing my money into crypto currency. Don’t need a bank if your cyber coins are held in the info cloud

 

I reckon crypyo currency will be worthless after the next global crash. Just on the basis it's not based on anything. Gold and bricks and mortar are safest bet imo. 

[Alex 34838]

The Weatherspoons bloke seems to think a no deal scenario will be fine because it will allow free trade so I wouldn't worry

[ewerk 30259]

Didn’t he say we wouldn’t even notice any changes in the event of no deal?

His plan to remove all tariffs would decimate British farming and industry.

[Alex 34838]

7 minutes ago, ewerk said:

Didn’t he say we wouldn’t even notice any changes in the event of no deal?

His plan to remove all tariffs would decimate British farming and industry.

I struggled to watch more than about 30 seconds of his blatant lies tbh. I'd also struggle to spend that much time in one of his establishments

[Renton 21294]

Hmmm, what motive could a company owner of a low end drinking chain have in supporting Brexit?

 

Some people will undoubtedly profit from us all being poorer, Tim Martin fits the bill perfectly. He's a cunt. 

[Alex 34838]

37 minutes ago, Renton said:

Hmmm, what motive could a company owner of a low end drinking chain have in supporting Brexit?

 

Some people will undoubtedly profit from us all being poorer, Tim Martin fits the bill perfectly. He's a cunt. 

Why's he getting fucking airtime on BBC Breakfast though?

[ewerk 30259]

He was on to discuss Wetherspoons’ financial results. Why they needed his view on Brexit is another matter.

[Renton 21294]

BBC's idea of "balance". Passing off a pub landlord's opinion as valid as the governor of the BoE ffs.

 

The BBC have been fucking horrendous in reporting Brexit to the extent I'll not defend those wanting it scrapped now. ITV, channel 4, and Sky have been much better. 

[ewerk 30259]

Project fear.

[ewerk 30259]

Hey @Christmas Tree  please tell me more about how EU immigration has been bad for the UK?

 

[Alex 34838]

Pah! Facts

[Christmas Tree 4686]

33 minutes ago, ewerk said:

Hey @Christmas Tree  please tell me more about how EU immigration has been bad for the UK?

 

 

Depends whether you’re getting your news from Twitter or the actual report

 

“Lower-skilled UK-born workers are more likely to lose out.”

“There is evidence that lower-skilled workers face a negative impact”.

“The earnings of the self-employed are lower and the gap is larger now than in the past”.

 

The report also recommends and end to free movement “With free movement there can be no guarantee that migration is in the interests of UK residents”.

 

And finally it suggests that there should be more restraints on lower skilled migration.

 

Pah! Facts.