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Brexit Backlash: Brits Now Regret Their Populist RevoltIn 2019, Boris Johnson rode to a big election win on a promise to “Get Brexit Done” and finally strike a deal with the European Union for Britain’s departure. Next week, the Conservative Party that delivered Brexit goes to the polls again, this time facing a deficit of more than 20 percentage points and almost certain defeat by the opposition Labour Party. The only question, it seems, is the scale of the wipeout for the hapless Rishi Sunak and his Tories.Eight years after the referendum, it is safe to say Britain has a serious case of “Bregret.” About 65% of Brits say that, in hindsight, leaving the EU was wrong. Just 15% say the benefits have so far outweighed the costs. Most blame the decision itself, others blame the U.K. government for not taking better advantage of it, and still others say Brexit suffered from bad luck: It took effect shortly before the pandemic and Ukraine war, both of which distracted the government and damaged the economy.In the years since 2016, Britain’s economy has slowed to a crawl, growing an average 1.3% versus 1.6% for the G-7 group of rich countries overall. By putting up barriers to trade and migration with its biggest trading partner, Brexit slowed trade and hurt business investment. It caused years of political turmoil as Britain debated how to untangle itself from the EU. And it deeply polarized the country, half of which saw it as a unique chance to regain British sovereignty and half of which felt it had to apologize to Europe for jumping ship. It has left Britain exhausted and its self-confidence dented.“I’m angry,” says Steve Jackson, a burly taxi driver and part-time construction worker in Boston, a town of 70,000 in eastern England. Boston is known in England for having the country’s tallest parish church, as the birthplace of several founders of the Massachusetts Bay Colony and as the country’s euroskeptic capital, with 75% of voters having chosen, eight years ago this month, to leave the EU.But many people here who backed Brexit feel betrayed. Jackson said that none of the promises made by politicians who lobbied for Brexit have come true: higher wages, cheaper food and energy, more money for healthcare, and less immigration. “We’ve been lied to—lock, stock and barrel.”Despite the disappointment, polls show that only a slight majority of Brits want to rejoin the EU and fewer think it is realistic, not least because the bureaucrats in Brussels are unlikely to welcome back their troublesome former partner with open arms. They would probably insist on new conditions like joining the euro single currency and a guarantee that Britain wouldn’t simply leave again in another decade or two. In both London and Brussels, there is a sense that Britain should now do what it does best: Keep calm and carry on. Labour, the likely election winners, say they just want to make Brexit work better.Brexit was the first in a series of populist earthquakes to rock western politics, followed soon after by the election of Donald Trump. Both will go down in history as revolts by those who felt left behind by globalization, taken for granted by traditional politicians and looked down on by urban elites. Both set in motion forces that are still playing out.The sunlit meadowsThose who championed Brexit said that it would allow the U.K. to take back control over issues like trade, regulation and immigration that it had ceded in joining the EU decades earlier. Johnson promised voters a Britannia unchained from a slow-growing and bureaucratic continent. “We can see the sunlit meadows beyond. I believe we would be mad not to take this once in a lifetime chance to walk through that door,” he said. A month later, 52% of the country agreed.Brexit meant different things to different people. For many working-class Brits, it offered the hope of less immigration and less competition from low-wage workers. For some in business, it offered the prospect of a capitalist Britain charting its own course—a Singapore-on-Thames. Many in Europe openly worried that Britain might actually succeed and provide a blueprint for other countries to quit the EU.Brexit Backlash: Brits Now Regret Their Populist Revolt © Christopher Furlong/Getty ImagesToday no one in Europe loses much sleep over that threat. Goldman Sachs estimates that the British economy is 5% smaller than it otherwise would have been without Brexit, though it is hard to untangle the effects of the pandemic and the war in Ukraine. The National Institute of Economic and Social Research, a U.K. think tank, estimated that Brexit has resulted in a lost annual income per capita of £850 (over $1,000) since 2020.After the 2007-08 financial crisis, investment spending in the U.K. had recovered faster than the combined average of the EU, U.S. and Canada, according to research by Nicholas Bloom, a British economist at Stanford University. But from 2016 through 2022, U.K. investment was 22% lower than the others. Businesses spent years unsure what new regulations they’d face and whether they’d still have export markets in Europe. Many held off spending to wait for clarity.“Suddenly, Brexit happens, it goes sideways,” says Bloom. “You’re in a race, and the cars are going around the track, neck and neck, and then your car gets a flat: That’s U.K. investment.”Investment is now finally picking up again, but businesses still face hurdles. Early this year, the U.K., after four years of delay, released a set of rules on border checks for European imports, including inspection requirements for food. But shortly after, shops like German Deli, a specialty shop in east London, had trouble finding inspectors with the time to certify the imports, forcing it to cut back on everything from liver pâté to German meatloaf, says Susann Schmieder, the shop’s account manager. Sales in March fell by 25%. “We had the first sausage delivery from our usual supplier in May after it took them four months to sort everything out—the paperwork,” she says.David Frost, a former British diplomat who spent months in Brussels negotiating the free-trade deal Britain struck with the EU back in 2020, says that he gives Brexit a score of “6 out of 10,” and argues that it is still too early to pass judgment.Britain is joining the Trans Pacific Partnership, an Asia-based trade club. It is introducing regulatory reforms to bolster its financial center, including axing an EU cap on banker bonuses. It is overhauling its agricultural subsidies and introducing tweaks to labor-market rules to lessen administrative burdens on employers. It hopes to have a lighter regulatory footprint than the EU on artificial intelligence.Frost says that Britain should have gone further. “Overall, the wish was to change the way things have been for the last 20 or 30 years. And we haven’t really done that,” he says.Loss of faithBeyond the economic hit, Brexit has become a byword for unkept political promises and poor governance. Britain wrestled back control but then struggled to exercise that power. Politicians could no longer simply point the finger at faceless EU bureaucrats.Brexit Backlash: Brits Now Regret Their Populist Revolt © Anton DaniPerhaps the most surprising policy response to Brexit was the U.K. government’s decision to allow a sharp increase in legal migration to help prop up the economy. In the last two years, 2.4 million people have been allowed to come and settle in Britain, dwarfing any such influx before. The government is now tightening rules, but for many who voted for better control of the borders, it has come too late.Disappointment is palpable here in Boston, where Polish supermarkets and delicatessens inhabit old Victorian buildings and teams of migrant workers in high-visibility vests work the nearby fields. In the last generation, Boston’s population increased by a third, largely as Eastern Europeans came to work and live there. According to a 2021 census, 20% of the Boston population describes themselves as not British.Anton Dani, who runs the Cafe de Paris in Boston’s main square, enthusiastically backed Brexit. Dani is an immigrant himself. Born in southern France to Moroccan parents, he moved to the U.K. decades ago and set up his own business. He wants a more competitive Britain and likes immigration but thinks that too many people enter the U.K. to take advantage of government benefits.Today Dani says he is angry. Migrants have continued to come from Europe to Boston, he says, pointing to a group of Romanians walking past his cafe. Life in Boston meanwhile hasn’t noticeably improved, he adds. “We have achieved nothing,” he says. “You learn what you already knew: That politicians are liars.”Today a record 45% of British people “almost never” trust the government to give priority to the nation’s interest, up from 34% in 2019, according to a 2023 poll by the National Center for Social Research. “Some people will say Brexit’s been an absolute economic disaster,” says Raoul Ruparel, a director at the Boston Consulting Group who advised former Prime Minister Theresa May on Brexit. “I think it was actually a much bigger political disaster.”Brexit Backlash: Brits Now Regret Their Populist Revolt © Rui Vieira/APMatt Warman, the local Conservative lawmaker, won 76% of the vote in Boston in 2019, campaigning on the message “Get Brexit Done” and a promise to “level up” forgotten places around the country by improving their social and economic prospects. Today he is fighting for political survival. Some polls show him losing the district to an upstart anti-immigration party called Reform UK.Sitting in a hotel bar on a recent day, Warman concedes that his party dropped the ball on immigration, but he says there were real trade-offs after Brexit. The local farming industry continued to need cheap labor to function, and the local hospital needed nurses, he says.Politicians can say “I have a great idea, it is really simple,” says Warman. “And if you then turn out not to be able to deliver your really simple solution, because the solution isn’t really simple, people wonder whether they weren’t lied to in the first place.”Problems that remainBrexit has become an example of what the American political scientist Aaron Wildavsky called “The Law of Large Solutions.” As he saw it, big policy solutions intended to fix a big problem often just create a bigger problem, which then “dwarfs the [original] problem as a source of worry.”For years, Brexit engulfed the British government. In 2018, lawmakers spent 272 hours debating the EU Withdrawal Act, while a full third of the U.K. Treasury’s civil servants worked on Brexit-related matters. The opportunity cost meant that other problems festered while British talent and resources were all aimed at untangling the relationship with Europe.“If you think about Britain’s big problems, Brexit solved none of them: the crumbling public services, weak economic growth, a shortfall of housing and a need to modernize the energy infrastructure,” says John Springford, an economist at the Centre for European Reform think tank in London. “We’ve lost eight years.”Brexit Backlash: Brits Now Regret Their Populist Revolt © Victoria Jones/PA Wire/Zuma PressA few miles north of Boston, Will Grant, who runs Fold Hill farm, spends a sunny afternoon driving around his flat fields of wheat. He voted for Brexit because he believed Johnson was credible, and he was impressed by the business leaders who advocated for the project. “I am not going to apologize for voting for it. But I am not proud of voting for it,” says the 35-year-old. “To think about what we wasted. All that oxygen talking about it, all the words written, all that time spent,” he says. “And this is the result: Something that is minorly bad.”Once outside the trade bloc, Britain had to in-source a lot of administration that had previously been handled at an EU level, from trade to food and medicine regulation. Since Brexit, the U.K. civil service has expanded by around 100,000 people.The British government copied and pasted nearly 50 years’ worth of accrued EU laws into its own statute books, pledging to amend or remove unsuitable ones. It first estimated there were some 2,000 laws it needed to import. The actual number sits at 6,700 and rising. Just a third have been amended or jettisoned.Brexit Backlash: Brits Now Regret Their Populist Revolt © oli scarff/AFP/Getty ImagesEven Brexit’s central aim of reclaiming national sovereignty proved complicated. To quit the EU, the U.K. agreed to place a customs border through its own country to avoid inflaming sectarian conflict in Northern Ireland. The U.K. province of Northern Ireland remains aligned with EU law in some areas to ensure goods can flow without customs checks between it and the Republic of Ireland, an EU member.Politically, Brexit is now coming full circle. In 2016, when then Conservative leader David Cameron called the referendum, it was in part to neuter euroskeptics in his own party and another upstart politician: Nigel Farage, a cigarette-smoking populist with a big grin who had launched the UK Independence Party, drawing millions of votes from the Tories on a platform to quit Europe.Now Farage is back, with a campaign charging that Brexit has been betrayed and immigration left unchecked. His Reform U.K. party will likely siphon hundreds of thousands of disillusioned Brexit supporters from the Tories. Farage says he wants to then engineer a reverse-takeover of the party.The man whom Brexit was supposed to sideline now wants to run to be prime minister when Britain is due to hold its next election in 2029.
https://www.eleconomista.es/economia/noticias/12887180/06/24/el-pp-inicia-su-ofensiva-contra-la-ley-de-vivienda-en-el-congreso-de-los-diputados.htmlSaludos.
El texto que la bancada popular defenderá tras el verano plantea rebajas de impuestos y deducciones fiscales para los tenedores de viviendas ......
https://www.eleconomista.es/economia/noticias/12887904/06/24/los-expertos-piden-agilizar-las-licencias-urbanisticas-para-enfriar-el-mercado-inmobiliario.htmlSaludos.
más de la mitad de los cuestionados -el 51%- apuntan a que las inversiones extranjeras en el mercado inmobiliario son culpables
.......... En Europa, ya sea por el wokismo de la izquierda, o por la caspa de la derecha las soluciones todas han ido en la misma dirección (con ligerísimos matices). Las política con la vivienda y la inmigración ha sido la misma, pero con diferentes caretas. .......... Todos se han esforzado en tener vivienda escasa y cara (y especular con ella, ya sea por acción o por omisión).
Al final resultará que nadie fue socialdemócrata, y que siempre habían aborrecido a los moros, a los judíos y a los gordos La situacion actual es clavada a la que vivimos durante el primer crash, cuando las hizquierdas asaltaron los cielos gracias al pollo sin cabezismo imperante.
Este lunes, por otro lado, las acciones de Chewy se dispararon hasta un 10% después de que de que Gill revelara una participación pasiva del 6,6% en la empresa de productos para mascotas. La comunicación a la Comisión del Mercado de Valores de EE UU llega días después de que el inversor publicara una foto con un cachorro X. La publicación hizo que el minorista de alimentos para mascotas alcanzara máximos de un año.
Un experto en inversión inmobiliaria avisa sobre lo que pasará con el precio de la vivienda en España en los próximos mesesDurante una entrevista ha explicado cuál será el comportamiento del mercado y el papel que juegan las regulacionesUn experto en inversión inmobiliaria avisa sobre lo que pasará con el precio de la vivienda en España en los próximos meses INSTAGRAM PAU ANTÓEl precio de la vivienda es uno de los temas centrales para el acceso al mercado, ya sea mediante la compra o el alquiler. En los últimos años se han intentado tomar medidas para facilitar estas cuestiones.Una de esas medidas han sido los bonos de vivienda que desde el Gobierno tanto central como autonómico ofrecen para paliar el efecto de los precios en el bolsillo. Otra de las medidas que tomó el Gobierno fue crear el Índice de Precios que pretende limitar el precio de los alquileres en aquellas zonas declaradas como tensionadas.Sin embargo, a pesar de estas medidas, el alquiler sigue siendo la preocupación de muchos españoles ya que se ha convertido en un problema de primer orden, especialmente para las generaciones jóvenes que ven dificultades para conseguir el nivel de ahorros y dinero con el que comprar una casa.Con este contexto, el economista y experto en inversiones inmoviliarias, Pau Antó, dio una entrevista al youtuber Wall Street Wallverine y vaticinó lo que pasaría con el precio de la vivienda en los próximos meses.Lo que pasará con el precio de la viviendaEn su análisis, Antó no fue especialmente optimista. «El mercado español está inflado, como lo está la cesta de la compra en España y como lo están otras tantas cosas en España, creo que hay un problema muy grande con el coste de vida en general», explicó el experto.Para él, «es un problema lo que cuesta la vivienda». En este sentido, expresó que él, como economista, no sabe cuál puede ser la solución.En cuanto al panorama que se dibuja en el futuro, también fue claro: «Los datos macro no indican que vayamos para otro lado, nada indica que el precio de las viviendas vaya a bajar».Experto en inversión inmobiliariaEn su análisis señaló que uno de los problemas del mercado es que «falta muchísima vivienda en alquiler», lo que provoca, entre otros motivos, que «los precios tiendan a estar al alza». Asimismo, llamó la atención sobre las regulaciones del mercado que tienen como objetivo la bajada de precios: «El hecho de regular un mercado hace que se reduzca la oferta porque no te gusta esa regulación y lo que provoca es que tienda a subir el precio».https://x.com/wallstwolverine/status/1766883421735858309Por otro lado, explicó que cuando los políticos han decidido limits el precio de los alquileres ha provocado, por un lado, «más economía sumergida» y, por otro, que al propietario «no le interese alquilarla en esas condiciones» y opte por otras opciones.
Cita de: Cadavre Exquis en Julio 01, 2024, 07:40:45 amhttps://www.eleconomista.es/economia/noticias/12887180/06/24/el-pp-inicia-su-ofensiva-contra-la-ley-de-vivienda-en-el-congreso-de-los-diputados.htmlSaludos.CitarEl texto que la bancada popular defenderá tras el verano plantea rebajas de impuestos y deducciones fiscales para los tenedores de viviendas ...... favorecer el rentismo no hará que bajen los precios
https://www.elespanol.com/invertia/economia/empleo/20240119/productividad-espana-caido-anos-acumula-subida-pandemia/825917616_0.htmlLa productividad en España ha caído un 7,3% en 20 añosEsto se explica por la baja inversión en intangibles, el exceso de activos inmobiliarios inutilizados y las menores tasas de empleo cualificado.
A ver si todas las muertes se toman en serio por igual. Esta es otra forma de asesinato.https://as.com/actualidad/sociedad/dos-hermanas-se-suicidan-horas-antes-de-ser-desahuciadas-n/
Ukraine has a month to avoid defaultLending to a borrower at war entails an additional gamble: that it will winWar is still exacting a heavy toll on Ukraine’s economy. The country’s gdp is a quarter smaller than on the eve of Vladimir Putin’s invasion, the central bank is tearing through foreign reserves and Russia’s recent attacks on critical infrastructure have depressed growth forecasts. “Strong armies”, warned Sergii Marchenko, Ukraine’s finance minister, on June 17th, “must be underpinned by strong economies.”Following American lawmakers’ decision in April to belatedly approve a funding package worth $60bn, Ukraine is not about to run out of weapons. In time, the state’s finances will also be bolstered by g7 plans, announced on June 13th, to use Russian central-bank assets frozen in Western financial institutions to lend another $50bn. The problem is that Ukraine faces a cash crunch—and soon.
Cita de: senslev en Julio 02, 2024, 01:06:54 amA ver si todas las muertes se toman en serio por igual. Esta es otra forma de asesinato.https://as.com/actualidad/sociedad/dos-hermanas-se-suicidan-horas-antes-de-ser-desahuciadas-n/A quien echamos las culpas por esta muerte ?¿Al propietario?¿A servicios sociales ?¿A las hermanas?Mandaron mensajes pero no recibieron respuesta. Aquí servicios sociales la ha cagado pero bien .Es lo q tiene no perteneces a los colectivos protegidos por ongs