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The UK votes to leave the European Union |OUT2| Mayday, Mayday, I've lost an ARM

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g0tm1lk

Member
The GBP is not doing pretty hot right now against the euro. Quick question for those living there now, does it really changes anything (price related) in your daily activities?
 

Dougald

Member
Things are looking pretty good.
That MEP salary is presumably paid in Euro.

Do we send a Euro amount to the EU in membership costs, or is it in pounds?

At this rate we actually will be sending £350m a week


The GBP is not doing pretty hot right now against the euro. Quick question for those living there now, does it really changes anything (price related) in your daily activities?


Day to day things priced in pounds that are imported heavily haven't really changed too much yet, I'm still spending about the same per month on groceries for example. I buy motorcycle parts from Europe and my wife orders a fair few things direct from China and we have noticed the prices have gone up a lot in the last few months though
 
I would be happy to see him return at this point, sadly I doubt he can get any momentum at all, I mean who would he join? Labour? not a chance. Lib Dem?

The Centralist party that has been rumored for a while (pragmatic Labour and Conservative MP's looking for a soft Brexit / GE / 2nd Ref etc...)?

He is damaged goods these days, but the closest thing the center left have to an elder statesmen (sadly).

It'd be a new party yeah. They do need a leader after all. Would have to include the lib dems in some way though or they'd just be splitting the pro EU vote and would stand no chance under FPTP.
 

Maledict

Member
There were polls during the EU referendum campaign that showed Blair was less trusted than Corbyn. So that's how well that would go.

Ashcrofts polling before the 2015 election showed that the crucial swing voters, who used to vote labour and now vote tory, see Blair as by far the best leader labour have had even now. Those are the people who labour has to persuade to vote for them if they ever want to win a general election.
 

AHA-Lambda

Member
Guardian article on that LSE professor

https://www.theguardian.com/politics/2016/oct/07/lse-brexit-non-uk-experts-foreign-academics?CMP=fb_

LSE receives email saying contributions from foreign experts on EU referendum matters will no longer be accepted

It is understood a number of LSE academics specialising in EU affairs have been briefing the foreign office on Brexit issues, but the school has received an email informing it that submissions from non-UK citizens would no longer be accepted.

One of the group, who subsequently received notes from their departments telling them of the instruction, is understood to be a dual national, with citizenship of both the UK and another EU member state.
 

Dougald

Member
Ashcrofts polling before the 2015 election showed that the crucial swing voters, who used to vote labour and now vote tory, see Blair as by far the best leader labour have had even now. Those are the people who labour has to persuade to vote for them if they ever want to win a general election.

I think all evidence in the past 6 months would point to Labour not caring about such trifling matters!

Honestly, I've always considered myself pretty left wing and at this point even I wouldn't vote Labour. They don't have a chance in hell of getting enough seats in 2020.
 

PJV3

Member
I think all evidence in the past 6 months would point to Labour not caring about such trifling matters!

Honestly, I've always considered myself pretty left wing and at this point even I wouldn't vote Labour. They don't have a chance in hell of getting enough seats in 2020.

Corbyn is never going to win an election, voting Labour where it makes sense at least ensures a viable party exists when he goes.

The Libdem situation is tough to recover from.
 

Heartfyre

Member
I wonder how different things would have been had the AV vote gone through. Perhaps, had the conservatives not been in a position where they could be running for a majority, they wouldn't have suggested an in-out referendum on membership of the European Union. But on the other hand, we'd probably be seeing UKIP being a large part of the current parliament.

Which doesn't seem too different from the current situation, actually.
 

SteveWD40

Member
I think all evidence in the past 6 months would point to Labour not caring about such trifling matters!

Honestly, I've always considered myself pretty left wing and at this point even I wouldn't vote Labour. They don't have a chance in hell of getting enough seats in 2020.

Corbyn and his supporters don't care about winning power, they care about yelling from the margins and being idealistic. It's easy to sound tough and make sweeping promises when you don't have to keep them. Many of the younger voters just want some great strife to be angry with, so the Torys being in gives them something to rail against.

Edit: the fact May is considering a hard Brexit without even a whiff of getting further consent / a mandate via a GE shows how bad Labour are right now. A viable opposition would hang draw and quarter her.
 

Dougald

Member
I wonder how different things would have been had the AV vote gone through. Perhaps, had the conservatives not been in a position where they could be running for a majority, they wouldn't have suggested an in-out referendum on membership of the European Union. But on the other hand, we'd probably be seeing UKIP being a large part of the current parliament.

Which doesn't seem too different from the current situation, actually.

What if Brown had been brave enough to call that early General Election, where he probably would have won with a slim majority?

Mind you the media was already crucifying him at that point. Remember when the papers slayed him for calling a woman who was railing against immigrants a bigot when he thought no-one was listening


Corbyn and his supporters don't care about winning power, they care about yelling from the margins and being idealistic. It's easy to sound tough and make sweeping promises when you don't have to keep them. Many of the younger voters just want some great strife to be angry with, so the Torys being in gives them something to rail against.

Yep, they'll give you the "refusing to compromise on our principles" speech, but in order to actually govern in a democracy, you have to actually make concessions.
 
Except they won't be cheaper, labour will be the same, cost of materials will drop, but they'll be building on land in high demand area's so that will drive costs up so it'll be the same status quo. Then they'll likely be shared ownership which will actually drive the cost up, pricing will be lower than a full mortgage but repayments will be higher so again not making it any easier.

Will they though? I mean, as long as they need to be cheaper than the alternatives which are larger, why would their price be higher?
 
Will they though? I mean, as long as they need to be cheaper than the alternatives which are larger, why would their price be higher?

I suspect it's a cunning strategy to avoid Tory voters throwing a tantrum when government house-building overrides their NIMBY objections and causes their house price to fall.

By building shit houses you add supply and reduce costs at the low end, but minimise the impact on old house prices, which will retain their desirability. There will still be some impact, due to the indirect effect of people being able to buy a shit house instead of being forced to max out their mortgage to buy an existing one - but new houses will not be directly competing against old houses.

Plus, it'll make it easier to get lots of new houses since the stats tend to count 'houses built' rather than any measure of the quality of the housing. The Tories can build tens of thousands of shoebox apartments and claim to have increased housebuilding while actually using less land than Labour/The Cameroons did.

I'm of the opinion that any small undesirable houses built today will simply become the slums of tomorrow. I don't think we should return to the 60's "build 'em high/small, sell 'em cheap" philosophy.
 
Ashcrofts polling before the 2015 election showed that the crucial swing voters, who used to vote labour and now vote tory, see Blair as by far the best leader labour have had even now. Those are the people who labour has to persuade to vote for them if they ever want to win a general election.

I'm not sure this is going to be as successful as you think.

Right wingers always think the most right wing centre left person available is the best left person available and vice versa. That doesn't mean they'll vote for them in any significant numbers.

This plan requires overwhelming numbers because you have to compensate for however many people stay with Labor.

Even more so because the voters you're trying to get are likely to be highly pro-Brexit , which your hypothetical party almost certainly won't (at least not one you'd personally support).
 
I suspect it's a cunning strategy to avoid Tory voters throwing a tantrum when government house-building overrides their NIMBY objections and causes their house price to fall.

By building shit houses you add supply and reduce costs at the low end, but minimise the impact on old house prices, which will retain their desirability. There will still be some impact, due to the indirect effect of people being able to buy a shit house instead of being forced to max out their mortgage to buy an existing one - but new houses will not be directly competing against old houses.

Plus, it'll make it easier to get lots of new houses since the stats tend to count 'houses built' rather than any measure of the quality of the housing. The Tories can build tens of thousands of shoebox apartments and claim to have increased housebuilding while actually using less land than Labour/The Cameroons did.

I'm of the opinion that any small undesirable houses built today will simply become the slums of tomorrow. I don't think we should return to the 60's "build 'em high/small, sell 'em cheap" philosophy.

Do we have any choice though? If we want to build them where people want to live, that is. It's all very well saying that we can use Brownland areas for new housing - and why not - but ultimately if people wanted to actually live there, it wouldn't be brownland. The only practical way to increase density in popular areas is to build smaller and/or higher.
 

Kathian

Banned
Seems the Chancellor is going to have difficulty selling his turbulence is to be expected message - most will just read it as "the government and central bank will not be reacting to market turbulence"

The fact an IT issue causes continual problems even after its fixed tells you the demand for sterling is pretty low. It's going to keep dropping.

BoE is going to have to increase interest rates to stave of inflation (and increase the pounds value) whilst the government has spent years living off household debt. I really do think this is going to get much worse; countries don't decide to change their entire outlook overnight but overtime. We're trying to change in a year.

Clear conference season has caused a drop in market confidence.
 

Faddy

Banned
Seems the Chancellor is going to have difficulty selling his turbulence is to be expected message - most will just read it as "the government and central bank will not be reacting to market turbulence"

The fact an IT issue causes continual problems even after its fixed tells you the demand for sterling is pretty low. It's going to keep dropping.

BoE is going to have to increase interest rates to stave of inflation (and increase the pounds value) whilst the government has spent years living off household debt. I really do think this is going to get much worse; countries don't decide to change their entire outlook overnight but overtime. We're trying to change in a year.

Clear conference season has caused a drop in market confidence.


The markets have no confidence in the Theresa May government.
 

Pancake Mix

Copied someone else's pancake recipe
Blair is a cast-iron cunt but he's not wrong about the current state of our politics. It's a sorry state of affairs that him returning is even semi-plausible.

Blair was often a cooler head though and was instrumental in working out the Good Friday Agreement. I know there's the issue of the Iraq War but he did some good things.
 

frontieruk

Member
Will they though? I mean, as long as they need to be cheaper than the alternatives which are larger, why would their price be higher?

Every 1% increase in the supply of new builds makes mortgage income ratios worse by 9%.

But it's OK as we're tired of listening to experts /s

Not meaning to sound aggressive to you, just annoyed with the situation as its played out like this for the last ~40 years and no one's worked out how to fix it. What happens is the new housing just prices out at current low levels and everything else increases so it's a net loss to new buyers as they get less for the same money.
 

P44

Member
I knew it. This economics bullshit that's never been proven still rules and yet all you have to do is look at the real world and see it behaves nothing like the perfect rational agents, and the supply equals demand nonsense.

It's more that the property market is not just the property market, but linked into a few other markets as well intrinsically. It's still supply and demand, but it's more complex than one supply + demand relationship:

House supply increases -> Lenders relax Mortgage conditions because risk can now be hedged over multiple properties.

More mortgages availiable -> more buyers in the market

More buyers in the market -> More demand for housing

More demand for housing -> House prices maintain or increase.

Anti-intellectualism is a bad look.

Economics says increasing supply of housing will lower prices, empirical evidence shows the opposite, with pricing at best staying the same, at worst rising.

It's not that simple.
 

frontieruk

Member
It's more that the property market is not just the property market, but linked into a few other markets as well intrinsically. It's still supply and demand, but it's more complex than one supply + demand relationship:

House supply increases -> Lenders relax Mortgage conditions because risk can now be hedged over multiple properties.

More mortgages availiable -> more buyers in the market

More buyers in the market -> More demand for housing

More demand for housing -> House prices maintain or increase.

Anti-intellectualism is a bad look.



It's not that simple.

Did I say it was?

I was generalising why Calabi was pissed at the economic view which the politicians spout which is increasing available housing will make them cheaper, but what actually happens is as we both stated housing prices remain level or increase, but thanks for recapping what I said ;)
 

P44

Member
Did I say it was?

I was generalising why Calabi was pissed at the economic view which the politicians spout which is increasing available housing will make them cheaper, but what actually happens is as we both stated housing prices remain level or increase, but thanks for recapping what I said ;)

misinterpreted what you were saying entirely, sorry

'Anti-intellectualism is a bad look.' this was more for Calabi, anti intellectualism is why we're in this mess lol
 

le-seb

Member
Hollande has his back against the wall. He may as well enjoy his beautiful girlfriend while he can. He will be voted out.
He sure will, but you can safely bet that his successor's message regarding how to deal negotiations with UK will be the same.
Because what he said this week was said many times in this thread since the referendum, and is just common sense.
There simply cannot be any sweet deal for UK without jeopardizing the rest of the European Union.
 

oti

Banned
So you think Sarkozy or heaven help us Le Pen will be nicer?

It's in Le Pen's interest to make Brexit as successful as possible in order to persuade the French to do the same. Interestingly enough helping the UK would also kinda go against her vision of a "Europe of Nations" so who knows oh wait we all know she's just batshit insane.
 

Holden

Member
there are still pretty big odds that it wont be sarkozy, hollande or lepen

(just saying if u don't follow french politics)
 

Joni

Member
there are still pretty big odds that it wont be sarkozy, hollande or lepen

(just saying if u don't follow french politics)
I took their names as their party names are awful to spell out on an English phone and you know just silly looking at Les Republicains.
 
In theory LePen would want the UK to get the best possible deal ever. In practice that would mean the entity the UK had gotten a deal from would implode the next year.

And then LePen, being a nationalist, and French, would somehow still want to give Britain good deals for some reason?
 
I like the entitlement of the British people that the EU is somehow responsible to make the transition of leaving the EU so smooth as possible.
 

le-seb

Member
I took their names as their party names are awful to spell out on an English phone and you know just silly looking at Les Republicains.
The LR party has a great chance to win the next presidential elections, but I really doubt that they can succeed with Sarkozy being their candidate (as he's entangled into too many affairs right now).
At the time being, odds are that Juppé will likely be their champ.

Which would not be very convenient for the UK interests, since he's clearly pro-European.
 

Calabi

Member

It's more that the property market is not just the property market, but linked into a few other markets as well intrinsically. It's still supply and demand, but it's more complex than one supply + demand relationship:

House supply increases -> Lenders relax Mortgage conditions because risk can now be hedged over multiple properties.

More mortgages availiable -> more buyers in the market

More buyers in the market -> More demand for housing

More demand for housing -> House prices maintain or increase.

Anti-intellectualism is a bad look.



It's not that simple.

I wasnt trying to be anti-intellectual I've just read a few books that debunk common economic theories one by Steve Keen for instance. I'm pretty sure most economic thinking has become discredited and never proven to a great extent. Economics isnt treated with the stringency that most science is. Its mostly theories for theories sake. I think even students are catching onto this, because it certainly isn't helping to predict or manipulate our current predicaments, which is what its supposed to do.
 

RedShift

Member
Farage has been out in the US defending Trump today.

Never been more ashamed to live in the same country as someone. What an utterly vile cunt.
 

Izuna

Banned
Farage has been out in the US defending Trump today.

Never been more ashamed to live in the same country as someone. What an utterly vile cunt.

fucking UKIP is heralded where I have to live these days

My mother, being as edgy as she likes to be, would vote for Trump even though "the only problem is that he doesn't like black people"

...

she's black

~~

What is it with this nationalist movement these days? And how does it interchange US and UK nationalism so easily?
 
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