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

[Geoff Parkstone]

rA "ever since the Referendum our currency has effectively been devalued"

It's great isn't it, my pension fund growth going into overdrive due to the weakening pound and wise self investment in US and Far Eastern equities. Long live Brexit and a weak pound. Not all doom and gloom.

Mind you if imported food prices rise, I'll just have to not buy imported food. I may struggle on some fruit out of season etc but if it rids the shelves of Irish beef, NZ lamb, Danish bacon and apples from every corner of the planet, then I, and the British farmers, will be more than happy.

[AngryRam]

We

Oh here we go again...Angry lying in wait with his childish sniping again.

You don’t get the medicine and food shortage stuff? Maybe that’s because you have somehow gone into denial about the facts that the pound is falling and we import a great deal more in terms of food than we produce ourselves.
Maybe it’s because you have no idea how much money was wasted earlier this year with drugs companies having to arrange storage facilities in time for the original leaving date at the end of March. Millions of pounds and man hours have already been lost on that venture and that’s without speaking of the impact on temperature controlled food and drugs that the suggested chaos around our ports is likely to have.
Maybe it’s because you’ve conveniently forgotten the impact on food and export prices that changes in tariffs will have.
Who knows? Your whole attitude may be summed up by one single comment...’’If there are any shortages, it won’t be the fault of Brexit...’’
Of course not...Brexit, in your opinion, is entirely blameless...the fact that the pound has been falling ever since the Referendum result, has gone into freefall since the arrival of Johnson and his ‘no deal...do or die’ strategy and only ever recovers slightly when there is talk of a Remain challenge when Parliament reconvenes is all just total coincidence.

I have no idea who made the ‘butter going up by 1000%’ comment, or if it was even made...so if you’re going to respond stick to the facts...ever since the Referendum our currency has effectively been devalued making all our imports more expensive and adding to everyone’s cost of living. There has been a vast amount of tax payers money wasted in preparation for Brexit and the negative impact on the ability of both individuals and businesses to plan for the future has been severely impaired.
That is the truth of the matter but of course...according to you...it’s not ‘the fault of Brexit’.

The exchange rate of the GBP does not mean food shortages though does it.. The food will still be there.
Exchange rates fluctuate all the time and are linked to numerous things.. You are desperate to park anything and everything at Brexits door.
It really is not that hard to plan for Brexit.. It really isn’t.

[ramAnag]

QUOTE=Geoff Parkstone;39297807]rA "ever since the Referendum our currency has effectively been devalued"

It's great isn't it, my pension fund growth going into overdrive due to the weakening pound and wise self investment in US and Far Eastern equities. Long live Brexit and a weak pound. Not all doom and gloom.

Mind you if imported food prices rise, I'll just have to not buy imported food. I may struggle on some fruit out of season etc but if it rids the shelves of Irish beef, NZ lamb, Danish bacon and apples from every corner of the planet, then I, and the British farmers, will be more than happy.[/QUOTE]

Ahhh...your pension arrangements, wondered why your views had changed so much of late.
Can’t help feeling that your argument belongs to someone called ‘Jack’ rather than Geoff, but then, unless I’ve misunderstood, you voted Remain and as some of us have always maintained, it is the poor who don’t have access to such pension modifications who will be the ones to suffer most from Brexit.

As for food, I’m sure those self same farmers will be delighted to find that their European market evaporates as the tariffs that will be synonymous with a ‘no deal’ Brexit are enforced.

[Geoff Parkstone]

Views haven't changed, still prefer remain but there are benefits to a weak sterling. I know its a bit like betting on Derby to lose, but it does offset the pain.

As previously noted:

https://youtu.be/L8zhNb8ANe8

I'm not sure how come you reckon that not everyone has access to a self invested pension fund, since they have been a requirement of any employer for a couple of years now. For the self employed, anyone would be pretty stupid not to have been salting a little bit away for quite a while, especially us old farts. For the unemployed, maybe they don't have any pension saving, but see link above.

Of course ex teachers, amongst other public sector employees, have never had such worries.....

[Geoff Parkstone]

"
As for food, I’m sure those self same farmers will be delighted to find that their European market evaporates as the tariffs that will be synonymous with a ‘no deal’ Brexit are enforced."

Interestingly most every farmer I know voted leave in the referendum, as the CAP and the subsidy system is not UK farmer friendly (all my upstream family are farmers). Recently the industry has been changing its views somewhat - particularly Welsh sheep farmers, so not sure where its ultimately heading

[ramAnag]

We

The exchange rate of the GBP does not mean food shortages though does it.. The food will still be there.
Exchange rates fluctuate all the time and are linked to numerous things.. You are desperate to park anything and everything at Brexits door.
It really is not that hard to plan for Brexit.. It really isn’t.

‘The food will still be there’...of course...but it will be more expensive won’t it and for many - perhaps not as comfortably off as you and others - that equates to shortages doesn’t it?

I’m not ‘desperate to park anything and everything at Brexit’s door’ at all, AR...but even you with your ‘none of this will be Brexit’s fault’ attitude can deny that our sliding - not ‘fluctuating’ - pound, which impacts on just about everything in a country which imports way more than it exports is down to Brexit.

I don’t believe that in the 2016 Referendum anyone voted to be poorer but that seems to be what is happening...unless of course you’re one of the minority like Rees-Mogg who has shifted his business interests ‘off shore’ or even like Parky who today has apparently suggested that his undoubted financial acumen allows him to ensure his pension benefits from the ongoing currency crisis. Wonder how many of our ‘Everyman’ countrymen will be in a position to do that.

[Manofpride]

Just like Derby the pound will be bouncing soon, there's just uncertainty at the moment.
Once we leave we can then start the road to recovery!!! It won't all be doom and gloom!

[ramAnag]

"
As for food, I’m sure those self same farmers will be delighted to find that their European market evaporates as the tariffs that will be synonymous with a ‘no deal’ Brexit are enforced."

Interestingly most every farmer I know voted leave in the referendum, as the CAP and the subsidy system is not UK farmer friendly (all my upstream family are farmers). Recently the industry has been changing its views somewhat - particularly Welsh sheep farmers, so not sure where its ultimately heading

Exactly so, GP...perhaps the farmers are just beginning to realise the actual implications of what they were misled into believing was best for their industry.
So that’s the farmers and the less well off who look like being screwed by a ‘no deal’ Brexit...oh, hang on...aren’t they two of the groups who voted ‘Leave’ three years ago?
Still it would be so ‘undemocratic’ to have a second Referendum wouldn’t it? Much better to watch the oh so democratically elected Dominic Cummings fiddle while the country goes to hell in a handcart.

P.S. Aye...’bouncing’ along the bottom of the currency market, MoP...have you looked at the correlation between the Referendum result and the plight of the pound?

[AngryRam]

‘The food will still be there’...of course...but it will be more expensive won’t it and for many - perhaps not as comfortably off as you and others - that equates to shortages doesn’t it?

I’m not ‘desperate to park anything and everything at Brexit’s door’ at all, AR...but even you with your ‘none of this will be Brexit’s fault’ attitude can deny that our sliding - not ‘fluctuating’ - pound, which impacts on just about everything in a country which imports way more than it exports is down to Brexit.

I don’t believe that in the 2016 Referendum anyone voted to be poorer but that seems to be what is happening...unless of course you’re one of the minority like Rees-Mogg who has shifted his business interests ‘off shore’ or even like Parky who today has apparently suggested that his undoubted financial acumen allows him to ensure his pension benefits from the ongoing currency crisis. Wonder how many of our ‘Everyman’ countrymen will be in a position to do that.

Another reason remainers are killing this country. Mirror, look, in

[ramAnag]

Another reason remainers are killing this country. Mirror, look, in

I have no idea what that means...up to you if you want to explain...tbh I don’t really care, but I fail to see how you can possibly blame the current situation on Remainers. Have Remainers caused our currency to weaken, caused business insecurity, led to repeated changes of PM and prompted the possible need for stockpiling of food and medicine? Just bizarre, but of course none of it will be Brexit’s fault.

[Andy_Faber]

I have no idea what that means...up to you if you want to explain...tbh I don’t really care, but I fail to see how you can possibly blame the current situation on Remainers. Have Remainers caused our currency to weaken, caused business insecurity, led to repeated changes of PM and prompted the possible need for stockpiling of food and medicine? Just bizarre, but of course none of it will be Brexit’s fault.

Remainers aren’t to blame, they cast their vote and lost, no crime in that. It’s partly the in-denial bunch to blame, if they’d done the brave thing, sucked it up and cracked on, whatever disaster brexit will be would have happened already and we’d be recovering. The big fail was the previous administration though, shocking.

[Geoff Parkstone]

Sterling has done well against the Argentine Peso over the past few days...

[AdiSalisbury]

Not wanting to gang up but I'd say yes to that question RA. If remainers weren't fighting tooth and nail against any form of brexit progression, efforts could be better channeled. You can't sabotage something at every juncture and not take responsibility for your actions (don't take that personally).

[AngryRam]

I have no idea what that means...up to you if you want to explain...tbh I don’t really care, but I fail to see how you can possibly blame the current situation on Remainers. Have Remainers caused our currency to weaken, caused business insecurity, led to repeated changes of PM and prompted the possible need for stockpiling of food and medicine? Just bizarre, but of course none of it will be Brexit’s fault.

It is very much the fault of the remainers in government and people like you who they cling to for their agenda. We would have been gone by now if you drama queens had accepted the result but no and now we have a prolonged period of uncertainty which helps nobody..
Have a look in a mirror and you will see everything wrong with this country looking right back at you.

[AngryRam]

Not wanting to gang up but I'd say yes to that question RA. If remainers weren't fighting tooth and nail against any form of brexit progression, efforts could be better channeled. You can't sabotage something at every juncture and not take responsibility for your actions (don't take that personally).

Exactly..