OT. The futures Bright, the Futures Brexit!!!

[ramAnag]

Agree with your take on Brexit, Swale...always have done...but I’m not sure how it ‘won’t bother you one jot’.

I think we all know you’ve made a lot of money out of the Brexit preparations...you might have mentioned that once or twice...but if you’re right, and I suspect you are...then it is going to have an unavoidable impact on you whatever you do.

At the moment the £ appears stronger than it was before the election, although still a great deal weaker than it was before the Referendum.

I doubt that there is likely to be any significant strengthening in the foreseeable future, in fact I’d guess it’s likely to decline further as we get nearer to the real Brexit deadline day and greater uncertainty kicks in.

The obvious impact of that, should you choose to move abroad as you have also mentioned, will be that the pound in your pocket converts to less Euros or Dollars and reduces your buying power, while if you stay here the likely weaker economy is going to have less available for public spending and lead to even less spending on health and more long term care.

Either way...the future isn’t as bright - imo - as it would be without Brexit, but if you have a way of reducing its impact to not ‘one jot’ I’d love to hear it.

[Geoff Parkstone]

I had always assumed that, being an obvious man of principles, Swale would give his ill gotten Brexit gains to charity, or would have distributed it by way of alms amongst the poor and needy of the East Midlands. That's just the sort of chap that I'd always imagined him to be. After all, keeping it all to feather his own nest makes him no better than opportunists such as Dominic Cummings, Boris Johnson et al who he clearly loathes.

The expressions "double standards" and "dont do as I do, do as I say" spring to mind.

As for retiring to a place where the pound buys less, there are many places where the pound today has risen over its June 2016 value where Swale could be comfortably off and comparatively more wealthy. Angola, Ghana and the Guinea Republic to name but 3. A win-win because then when he gives away his ill gotten gains they will go further in helping the Angolans etc.....

[Trickytreesreds]

https://www.youtube.com/watch?v=HZvW1KzQUFk

[swaledale]

Agree with your take on Brexit, Swale...always have done...but I’m not sure how it ‘won’t bother you one jot’.

I think we all know you’ve made a lot of money out of the Brexit preparations...you might have mentioned that once or twice...but if you’re right, and I suspect you are...then it is going to have an unavoidable impact on you whatever you do.

At the moment the £ appears stronger than it was before the election, although still a great deal weaker than it was before the Referendum.

I doubt that there is likely to be any significant strengthening in the foreseeable future, in fact I’d guess it’s likely to decline further as we get nearer to the real Brexit deadline day and greater uncertainty kicks in.

The obvious impact of that, should you choose to move abroad as you have also mentioned, will be that the pound in your pocket converts to less Euros or Dollars and reduces your buying power, while if you stay here the likely weaker economy is going to have less available for public spending and lead to even less spending on health and more long term care.

Either way...the future isn’t as bright - imo - as it would be without Brexit, but if you have a way of reducing its impact to not ‘one jot’ I’d love to hear it.

I'm not going to be looking for a job, I don't need to buy a house, my investments aren't predicated on what happens to the UK with Brexit, I'm hedged against currency fluctuations to be honest coronovirus and it's impact on the world economy seems a much greater threat to me.

[swaledale]

I had always assumed that, being an obvious man of principles, Swale would give his ill gotten Brexit gains to charity, or would have distributed it by way of alms amongst the poor and needy of the East Midlands. That's just the sort of chap that I'd always imagined him to be. After all, keeping it all to feather his own nest makes him no better than opportunists such as Dominic Cummings, Boris Johnson et al who he clearly loathes.

The expressions "double standards" and "dont do as I do, do as I say" spring to mind.

As for retiring to a place where the pound buys less, there are many places where the pound today has risen over its June 2016 value where Swale could be comfortably off and comparatively more wealthy. Angola, Ghana and the Guinea Republic to name but 3. A win-win because then when he gives away his ill gotten gains they will go further in helping the Angolans etc.....

No I pay my taxes without a quibble, no moans, not sure how earning a living from what others have decided is "ill gotten gains"

I didn't vote for Brexit but its sent some unexpected business my way, though may be I should feel guilty being paid to help firms reorganise/relocate so that they can still access the single eu market whatever BJ and his bunch of tossers eventually achieve.

I don't feel guiltyby the way, this is non of my making, I'm just making hay whilst the sun shines and then decide where to retire when I can see the outcomes of our blessed BJ's "plan".

I'm happy to leave the Uk or whats left of it as the happy paradise that apparently Brexit will make it!

[swaledale]

https://www.youtube.com/watch?v=hzvw1kzqufk xd

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[AdiSalisbury]

Where do you want to go Swale, presume you'll be signing up to Rams TV?

[swaledale]

Where do you want to go Swale, presume you'll be signing up to Rams TV?

Somewhere nice and warm where life is less frenetic and the rules and where officious ****s who like wearing uniforms and enforcing stupid rules aren't in abundance! I already do being exiled from Derbyshire, though a couple of hours flight back for the odd game isn't an issue.

[AdiSalisbury]

Somewhere nice and warm where life is less frenetic and the rules and where officious ****s who like wearing uniforms and enforcing stupid rules aren't in abundance! I already do being exiled from Derbyshire, though a couple of hours flight back for the odd game isn't an issue.

Fair enough, good plan!

[Geoff Parkstone]

Somewhere.... where officious ****s who like wearing uniforms and enforcing stupid rules aren't in abundance!

Maybe not Brussels then?

[Trickytreesreds]

Maybe not Brussels then?

Or Nurenburg?

#
Gibralta it is then

[ramAnag]

I don't need to buy a house, my investments aren't predicated on what happens to the UK with Brexit, I'm hedged against currency fluctuations...

Okay...seems to me you’re either massively fortunate, an absolute genius or slightly delusional.
No clearer on the secret of your unique immunity to future currency fluctuations and the vagaries of the property market but good luck anyway.

[swaledale]

I realise that its not your area of expertise, (but I don't fit any of your descriptions) I've said hedging against currency fluctuations, one doesn't hold ones savings purely in sterling, euros or dollars but switch it around in a strategy that takes account of current and forecast rates. For instance the US dollar is a good bet right now. That way one doesn't get caught out - its not foolproof of course but spreads the risk. One doesn't need millions to do this, but obviously a healthy enough savings/pension pot to make it worthwhile.

I don't need to bother about the property market , but if prices fall then all properties will fall so it balances itself out unless you paid too much for it.(though a tip, I'd be buying property in the Uk now, prices are relatively low and not likely to rise much within the next couple of years but the demand is there and once the dust of Brexit settles it will increase. Though for those wanting to get into the housing market a fall of around 20% would be a good thing and also perhaps change this peculiar UK obsession with property as an investment rather than somewhere to live - lets face you have to live somewhere and pay for it, why obsess about what its worth?

You seem to assume that Brexit will mean armageddon for the UK, in truth people like you and others wont notice much difference, the effects will be subtle and long term - certainly for those in the "left behind areas" will find out that the governments version of making things better for them will be requiring them to go out and get a job, most likely on not much more money than the jobs are available now, coupled with programmes to force them to get training .

Businesses of course are already feeling the effects and these will range from additional costs, problems recruiting workers (irrespective of what the government says the UK workforce will not suddenly have an appetite for the jobs currently done by Eu workers), inability to access key markets to be undercut by cheap imports from elsewhere in the world. Many have and will continue to simply relocate part or all of their business into an EU country to the regrettable detriment of the UK economy but hey thats what Brexiteers apparently want.

In reality I still suspect that there will be a lot of noise about the UK's its right to diverge from EU rules and regulations, but choose not to use that right much in practice, hammering out sector-specific arrangements beneath the cover of a headline deal where the government would opt for something suspiciously like the status quo. (For example manufacturing industries keen to keep selling inside the EU would need to stick to EU safety and regulatory standards even if some sought flexibility in the process of developing new products.).

Lets face it they adopted a withdrawal agreement that was even worse than the one May agreed which was against what BJ promised, why would anyone assume what he says now will actually happen?

[AdiSalisbury]

That's a well reasoned post, sand must be between your toes already!

[MadAmster]

As I see things, and I may be wrong and am under no illusion that you won't tell me so and why, what's left of UK manufacturing will be left with decisions to make. Anything and everything they export to the EU will ALWAYS have to adhere to EU Laws/standards on quality, health and safety etc. just as everybody wishing to export to the UK from wherever in the world will have to adhere to UK Laws and standards unless they are reduced for one or more countries as part of a trade deal (Chlorinated chicked and growth hormone infested beef from the USA to name but 2 - both things I would hope people wouldn't buy, n matter how cheap they were but..... they will. won't they?).

Do they also make similar goods of a lesser standard to export to places that will accept slightly inferior products of simply make quality stuff for everybody, knowing that some countries will demand lower prices because they are poorer than the EU or elsewhere?

Having said that, I think the Tories are looking to increase the financial and services areas and don't seem particularly bothered with manufacturing. Time will tell.

I also think that BoJo's Scotland to Ireland bridge will never get built but still cost millions, maybe even hundreds of miilions, the same as happened with his garden bridge in London that never got built but still cost £52M.

He has already let all his Ministers know they have to reduce their budgets by 5%......... and they said cost cutting was over and they would be spending again. No money for health, education, HS2 etc. Plenty left in the tank though for tax cuts for the mega rich and the multinational corporations.

Welcome to the 2020 UK. Heaven if you're a millionaire.