The economic consequences of Brexit

[WinstonWolf]

///ajd said:

WinstonWolf said:

Stop being such a cock. If you want to know the meaning of prejudiced take a long hard look in the mirror.

You're blaming "them" for leaving your precious EU

The insult just proves I have a valid point.

You should relish winning your vote - sorry if the way it was done used SNP/Nationalist type techniques and that upsets you. The clear evidence is out there, no need to insult anyone for pointing it out.

That's not an insult, it's a statement of fact.

You're blaming eighteen million people for your woes. Boo fking hoo

I'm guessing you don't know the meaning of the word hypocrisy?

[Ridgemont]

///ajd said:

The insult just proves I have a valid point.

You should relish winning your vote - sorry if the way it was done used SNP/Nationalist type techniques and that upsets you. The clear evidence is out there, no need to insult anyone for pointing it out.

Your behaviour has degraded to that of a troll as I noted on the Scotindy thread. Cheap shots and insults. Expected better.

[anonymous-user]

Just a random thought, with the UK being the only member of the EU whose official language is English, after Brexit will the EU continue to provide documents in English?

I think this has the potential to be a big issue for the UK trading with the EU over the long term and make market access more difficult for companies. Any trade deal or agreement needs to consider this.

[///ajd]

WinstonWolf said:

///ajd said:

WinstonWolf said:

Stop being such a cock. If you want to know the meaning of prejudiced take a long hard look in the mirror.

You're blaming "them" for leaving your precious EU

The insult just proves I have a valid point.

You should relish winning your vote - sorry if the way it was done used SNP/Nationalist type techniques and that upsets you. The clear evidence is out there, no need to insult anyone for pointing it out.

That's not an insult, it's a statement of fact.

You're blaming eighteen million people for your woes. Boo fking hoo

I'm guessing you don't know the meaning of the word hypocrisy?

What woes? Everything is going to be a bed of roses.

Interesting to see the insults - is it really that painful to discuss the similarities?

Pointing them out does not make me a troll - its fair comment whether it pains you or not.

Expected better? It is what it is. No need to wet the bed about it.

Brussels is the Farage's version of Salmonds Dark Star. They both went on about fishing. Etc.

They played a tune and many started humming.

Its done now, spilt milk and all that.

[b2hbm]

gottans said:

Just a random thought, with the UK being the only member of the EU whose official language is English, after Brexit will the EU continue to provide documents in English?
I think this has the potential to be a big issue for the UK trading with the EU over the long term and make market access more difficult for companies. Any trade deal or agreement needs to consider this.

From what I've seen after the UK leaves English won't be on the EU official lists. Ireland registered Gaelic so it's only the UK linked to having English. Perhaps all their MEPs (and Scotland should they join) will now need to be fluent in Gaelic ?

I'm not sure how big a deal it will be in terms of trade. It used to be quite normal to get local standards translated where necessary so it won't be any different from trading with China, Russia, Japan, etc.

[London424]

gottans said:

Just a random thought, with the UK being the only member of the EU whose official language is English, after Brexit will the EU continue to provide documents in English?

I think this has the potential to be a big issue for the UK trading with the EU over the long term and make market access more difficult for companies. Any trade deal or agreement needs to consider this.

What language do you think the majority of international business is conducted in?

[vonuber]

London424 said:

What language do you think the majority of international business is conducted in?

Missing the point there.

[WinstonWolf]

///ajd said:

WinstonWolf said:

///ajd said:

WinstonWolf said:

Stop being such a cock. If you want to know the meaning of prejudiced take a long hard look in the mirror.

You're blaming "them" for leaving your precious EU

The insult just proves I have a valid point.

You should relish winning your vote - sorry if the way it was done used SNP/Nationalist type techniques and that upsets you. The clear evidence is out there, no need to insult anyone for pointing it out.

That's not an insult, it's a statement of fact.

You're blaming eighteen million people for your woes. Boo fking hoo

I'm guessing you don't know the meaning of the word hypocrisy?

What woes? Everything is going to be a bed of roses.

Interesting to see the insults - is it really that painful to discuss the similarities?

Pointing them out does not make me a troll - its fair comment whether it pains you or not.

Expected better? It is what it is. No need to wet the bed about it.

Brussels is the Farage's version of Salmonds Dark Star. They both went on about fishing. Etc.

They played a tune and many started humming.

Its done now, spilt milk and all that.

Which one of us spends his entire weekend moaning about the result on a motoring forum?

I've still got a full bottle of milk here

[anonymous-user]

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

I had my first pension fund statement since Brexit through the post today.

My pension fund grew in value 11.5% over the last 12 months.

[Derek Smith]

jsf said:

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

I had my first pension fund statement since Brexit through the post today.

My pension fund grew in value 11.5% over the last 12 months.

Your point being? Until your results come through in, probably 5 years time, the effect of exit won't be known. Even then it will just be an indicator.

[anonymous-user]

Derek Smith said:

jsf said:

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

I had my first pension fund statement since Brexit through the post today.

My pension fund grew in value 11.5% over the last 12 months.

Your point being? Until your results come through in, probably 5 years time, the effect of exit won't be known. Even then it will just be an indicator.

My point being, my pension fund grew 11.5% in the last 12 months.

Seriously, it's just to illustrate what a load of cobblers the statement was.

I am well aware what my eventual pension pot is worth will be based on how the world looks when I retire, be that the UK or the far east.

I don't have the advantage of a final salary scheme where my pension is based on how many years I managed to stay in a job, which I assume as an ex copper is your position.

My own retirement pot has investments spread world wide, as any sensible long term investment is. I find it amusing that it's grown so much when according to the poster it should be "in the toilet".

[Dr Jekyll]

Derek Smith said:

jsf said:

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

I had my first pension fund statement since Brexit through the post today.

My pension fund grew in value 11.5% over the last 12 months.

Your point being? Until your results come through in, probably 5 years time, the effect of exit won't be known. Even then it will just be an indicator.

So if pensions are in the toilet it's a consequence of Brexit and proves it's a disaster, if they do well it's irrelevant.

[b2hbm]

In keeping with the thread title, here's one that concerns the consequences for the EU going forwards;

http://uk.reuters.com/article/britain-eu-germany-i...

Basically it says "Once Britain leaves the European Union, Germany could have to contribute an additional 4.5 billion euros per year in both 2019 and 2020".

Despite the tough talking it's in nobody's interest for a trade war or for the UK to be so disadvantaged that we reduce imports from the EU, which will happen if whatever deal they strike damages our economy. According to this article, if Germany is on the hook for a few more euros and we have a trade deficit with them, perhaps they'll be more inclined to ensure we get a deal where we continue to buy their stuff ?

[Derek Smith]

Dr Jekyll said:

Derek Smith said:

jsf said:

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

I had my first pension fund statement since Brexit through the post today.

My pension fund grew in value 11.5% over the last 12 months.

Your point being? Until your results come through in, probably 5 years time, the effect of exit won't be known. Even then it will just be an indicator.

So if pensions are in the toilet it's a consequence of Brexit and proves it's a disaster, if they do well it's irrelevant.

They are your words, not mine. I said nothing like that.

[s2art]

b2hbm said:

In keeping with the thread title, here's one that concerns the consequences for the EU going forwards;

http://uk.reuters.com/article/britain-eu-germany-i...

Basically it says "Once Britain leaves the European Union, Germany could have to contribute an additional 4.5 billion euros per year in both 2019 and 2020".

Despite the tough talking it's in nobody's interest for a trade war or for the UK to be so disadvantaged that we reduce imports from the EU, which will happen if whatever deal they strike damages our economy. According to this article, if Germany is on the hook for a few more euros and we have a trade deficit with them, perhaps they'll be more inclined to ensure we get a deal where we continue to buy their stuff ?

And Ireland will be encouraging them to do just that. Ireland is in deep trouble if tariffs go up, as a huge chunk of their trade is with the UK.

[Murph7355]

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

Get a better pension fund manager

[FN2TypeR]

Murph7355 said:

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

Get a better pension fund manager

Diversify, maaaaaaaaaaaaaan.

[don4l]

Murph7355 said:

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

Get a better pension fund manager

Or be your own pension fund manager.


You can run your own SIPP.

[anonymous-user]

Derek Smith said:

jsf said:

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

I had my first pension fund statement since Brexit through the post today.

My pension fund grew in value 11.5% over the last 12 months.

Your point being? Until your results come through in, probably 5 years time, the effect of exit won't be known. Even then it will just be an indicator.

It's an odd, or poorly managed, pension fund that would be so exposed to Brexit per se. My own certainly isn't and I see no reason why any should.

The consequences of the EU continuing as was pre the referendum, and the economic effect of that would be far more damaging in the longer term. I think we all know that.

[Derek Smith]

jsf said:

Derek Smith said:

jsf said:

SELON said:

So economic consequences now are:
- pensions (even more) in the toilet

I had my first pension fund statement since Brexit through the post today.

My pension fund grew in value 11.5% over the last 12 months.

Your point being? Until your results come through in, probably 5 years time, the effect of exit won't be known. Even then it will just be an indicator.

My point being, my pension fund grew 11.5% in the last 12 months.

Seriously, it's just to illustrate what a load of cobblers the statement was.

I am well aware what my eventual pension pot is worth will be based on how the world looks when I retire, be that the UK or the far east.

I don't have the advantage of a final salary scheme where my pension is based on how many years I managed to stay in a job, which I assume as an ex copper is your position.

My own retirement pot has investments spread world wide, as any sensible long term investment is. I find it amusing that it's grown so much when according to the poster it should be "in the toilet".

I'm sorry if you regret your choice of employment.

My point, one that I'm surprised you missed is that as we've not left the EU yet then the effects of exit will not have come through.

No one can predict the future, merely make an educated guess. In the 70s I guessed that my chosen career would be hit if the Tories got in so I picked security over pay, took a 30% cut in net pay.

I guessed correctly. I'm benefiting from being right, but it was a big decision. I traded high pay for a decent pension. It was a choice open to most.