Oh Britain, what have you done (part XXII)?

[kendo]

Not necessarily. For those that own property or other investments they may actually be better off. Remember that these will also increase by 3% maybe more maybe less.

Cheers,

DV

...and if not?
Brexit has already cost me dear and I do not see any light at the end of that tunnel of blind stupidity.

 

[notaclue]

We'll find out soon how things are heading. If Weber is right, then a deal will look increasingly unlikely.

https://www.theguardian.com/politic...egotiations-with-eu-set-to-be-further-delayed

Manfred Weber, the German leader of the largest party in the European parliament, told reporters ... “Theresa May has asked for talks. She knows the negotiations are in a decisive phase,” said Weber, who is the leader of the centre-right European People’s party(EPP). “In the coming weeks we we will see whether a constructive outcome is possible or whether the uncertainty will continue to grow. In December it doesn’t look like we will be entering into the second phase.”

“But the clock is ticking,” Weber added. “In spring 2019 Britain will leave. We need to warn the British government and call on them to put proposals on the table.”

 

[droodzilla]

Jacob Rees Mogg today claimed that the UK could expect a £135bn boost to the economy in the first five years following a hard Brexit. He was endorsing the work of a group called Economists for Free Trade, headed by Patrick Minford, which came up with the figure on the assumption that the UK would adopt policies of free trade, deregulation and low taxation.

The only economist who believes Minford's model is Minford. Mogg is either stupid or a liar.

 

[TheDecameron]

The immortal words of Gerorge W. Bush faced with the banking crash, come to mind- "this sucker could go down".

 

[Sue Pertwee-Tyr]

Mogg is either stupid or a liar.

Why use 'either...or' when a simple 'and' would be sufficient?

 

[notaclue]

As far as I know, there is no truth in the rumour that the original plan was to put a bounty on each one and encourage Brexitiers to track then down and make them stand trial in a (will of the) people's court.

The rumour had Ken Clarke on £10,000, whereas Paul Masterton (who he?) supposedly only got you £500.

 

[NeilR]

That's almost as bad as the Mail's 'Enemies of the People' headline. The depths to which a once high quality broadsheet have sunk are shocking. what a dreadful state of affairs

 

[wacko]

Economists for Free Trade used to be called Economists for Brexit. It is a small group. Their model is completely at odds with those used by the Bank of England and the Treasury. It apparently contains some fairly "brave" assumptions, such as ignoring the effect distance has on trade relationships, assuming that import costs could be cut by 10% just by switching from EU sources to low cost countries ignoring quality, etc.

Full LSE critique of Minford's paper: http://cep.lse.ac.uk/pubs/download/brexit06.pdf

Did Matthewr decide this rubbish wasn't worth pouring scorn on ? Or did he pour that carefully made coffee on his lap when he starting reading it ? Page 1 was enough for me.

 

[TheDecameron]

• I listened to that idiot, Bill Cash stand up in Parliament and spout "we didn't fight two world wars to defeat tyranny only to be enslaved by them now" type of thing. Bill didn't fight any wars of course, other than in his befuddled mind. The EU was created with the aim of preventing its members ever going to war with each other again, through shared prosperity and cooperation. It's this world view that drives these far right nationalists, paradoxically working hand in glove with Putin.

 

[MikeMA]

I too saw Bill Cash's awful "we won the war" intervention. It made me cringe.

 

[tqineil]

Wasn't it politicians who chose to send the troops/civilians to war in both cases he cited?

 

[stevec67]

Who indeed IS Paul Masterson? He looks like his Mum still has to dress him in the mornings. Certainly in that pic he looks as if someone else dressed him, in the dark.

I also have to admit to an impure thought. Heidi Allen is *cough* almost quite fanciable. I'll get my coat.
Am I going to burn in hell for this?

 

[PsB]

Whatever you think of their dress sense and even of their politics, these people are finally coming out from behind the sandbags and making a stand for sanity and parliamentary democracy, putting the country ahead of their party's short term interests. Respect.

 

[notaclue]

And here's what the official LEAVE.EU thinks.

They are dreaming of the day when such people can be arrested. And probably worse if we reintroduce the death penalty, as they want.

 

[NeilR]

I would say 15 Tory Heroes, more like.

 

[TheDecameron]

Leave UK with all their dodgy money from a handful of non dom tax avoiders and overseas troll factory support- "will of the people" indeed.

 

[richardg]

The EU was created with the aim of preventing its members ever going to war with each other again, through shared prosperity and cooperation.

A bit to add: since then, however, it has morphed into something that you would normally expect the far right to approve of - centralised control / fascism / prescription has increasingly become the norm.

The National Socialist German Workers Party also started off by trying to convince people it had good intentions.

Here is Juncker, spied at a secret meeting last night in Brussels:

 

[matthewr]

Did Matthewr decide this rubbish wasn't worth pouring scorn on ? Or did he pour that carefully made coffee on his lap when he starting reading it ? Page 1 was enough for me.

In many ways the fact that the only economic case Brexiteers can make is Minford who is, to be polite, almost always wrong kind of speaks for itself. The only other defense is either "Economists didn't predict the financial crash so can be ignored" which tells you you are talking either to an idiot or a Sun leader writer.

 

[Darth Vader]

Not UK property - that's falling in price and priced in a falling currency. Non-UK property may increase in price, but is likely a second home so subject to all manner of taxes when you come to sell it, and perhaps even before if the current trend toward punishing foreign property owners continues.

Reported yesterday:

"House prices rose 5.4 per cent in September, up from 4.8 per cent in August and the highest since October 2016." This is an 11 month high.

Cheers,

DV

 

[Darth Vader]

...and if not?
Brexit has already cost me dear and I do not see any light at the end of that tunnel of blind stupidity.

Would you be able to clarify your statement? My own investments have risen almost 25% since the Brexit vote and there is nothing special about them. However I don't expect that spectacular performance to last.

Cheers,

DV