I think plenty of people (a voting majority of the country 52% to 48%) prefer a long term future of standing on our own feet than the alternative of the EU dragging us down with them
Off Topic EU deabte. Which way are you voting ?
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Well, you change your tune. Why were you expecting the leaders of the leave campaign to run the government - one is a backbench Conservative MP, one is Justice Minister, one is a Labour MP and a high profile Leaver was leader of UKIP and an MEP - they all go back to their former roles, as sensible people knew they would. The Bank of England, Chancellor and Prime Minister have made plenty of announcements about what they are doing now and what will be done in the future.
You said: "The way forward? I've no idea right now. Worse still, neither do the leaders of the leave campaign, who have all suddenly disappeared."
You have admitted you don't have any idea. I have plenty of idea what the government are going to do. Even if it's involves negotiating and discussions. Only an idiot would expect the government to lay out their negotiating strategy for the EU to read.You really haven't got a ****ing clue, have you?...
To keep it simple for you: what is one thing that you don't think there is a plan for?
I'm not dreaming anything. The London property market has been inflated beyond sustainable levels by foreign buyers and the management funds like R&C have been forced to trigger clauses to prevent those investors withdrawing cash.
I am already aware of several bog projects that have been put on hold or cancelled and long term the current nervousness from those investors will have an impact.
I have not processing a desire to stay or leave, and leaving does not necessarily involve article 50. My belief is that no government will trigger the article until they have assurances on a trading position, simply because there is no provision in article 50 for trade negotiation and no side would want to trade under solely WTO rules
you better try to understand what I said. I didnt say that your claims about the property market were "dreaming" - I said they were nonsense
can't you understand the two different references
"leaving does not necessarily involve article 50" - I think you are displaying extreme ignorance
No one can predict how high inflation will or won't go or that the top rate will reflect the full situation, particularly if the government and bank use fiscal measures to try and prevent a recession. Only that a devalued pound will increase the cost of foreign goods. If the most positive predictions are right those goods will rise by 5-10%.
In short you cannot build a functioning trade dept overnight and certainly not one capable of negotiating tens of trade deals at once to replace those lost when we drop out of the EU. The only plausible way it can work is a phased withdrawal where we are allowed to replace the agreements we lose with our own over time.
Everything, Pete. They haven't got a ****ing clue, and have admitted as much.
The Gvt won't lay out its 'strategy', as you call it, because they don't currently have one. They're too busy fighting amongst themselves, ffs!....
You're banging your head on a very thick wall there mate.
The U.K. Is a net importer and runs a pretty hefty trade deficit with the rest of the world. As you've alluded to, when you import goods from abroad you will have to pay more as your currency has effectively been devalued. These additional costs will obviously be passed on from the importers to the buying public.
Price increases, or CPI to give it it's title, is one of the key indicators the BOE follows to show where inflation is going. Once all this feeds through into the shops inflation will gradually rise. In normal times, that rise would be met with a a rise in interest rates by the old lady. However, with the economy most likely back in recession, the BOE will be very reluctant to do that. It's going to be a bit of a rock and a hard place for them.
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Thats my pictures done for the day
Typical half arsed approach, I want more pictures!!!
Thats my pictures done for the day
Raining today, I doubt you will get to play in the sand pit which means more pictures
It sounds like you are more interested in attacking than discussing, which is a shame.
Your post claimed I was dreaming that Brexit won't happen, this is untrue.
I have given my reasons for believing the UK economy was already set for a correction prior to Brexit and that the uncertainty caused by the result has made this more severe than would otherwise have been the case.
You are fully entitled to claim it as nonsense but the points I have raised, particularly our reliance on foreign investment to plug our deficit are genuine.
My reference to article 50 is more a tongue in cheek remark to say anything is possible and I am not ruling out the possibility that an impasse is reached between UK and EU which results in a unilateral exit by the UK. Particularly if the EU refuse to allow trade negotiations to take place during the two years.
Bluntly the EU want us to trigger article 50 because it puts them in control and we want to place conditions on the trigger to prevent being in a poor bargaining position.
Pete is a gobshaite, that you will find out soon enough Steve.
But fair is fair...he does mean kitchen conversions.
But fair is fair...he does mean kitchen conversions.
Ok just one more
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