IMPORTANT NOTE:
You do NOT have to register to read, post, listen or contribute. If you simply wish to remain fully anonymous, you can still contribute.
|
Home  Forums |
|
|
|
|
Topic History of: 99 days to Christmas
Max. showing the last 5 posts - (Last post first)
|
Barney |
Ex-pat pensions are a major cause of concern in terms of accessibility - and financial services related to them, such as deposits and loans.
Credit card payments to the EU will be more expensive and cigarette packets will have extremely unhealthy lungs pictured on them.
Our organic products will have a much smaller market - and cross border agencies, such as Interpol, will have to be reinvented at enormous expense.
For example, EU data and computer systems will not be available to the UK - and, at the very least, significant delays will occur at rail/railway transport hubs.
And independence campaigns for NI (to join the RoI) and Scotland are just starting - with Wales next.
We have set ourselves such a huge agenda of beurocracy to accomplish, at the expense of the much more urgent need to grow our economy and to reduce our burgeoning £2T+ National Debt - which Brexit itself will substantially increase.
Few mention a budget surplus, anytime soon...anymore... |
|
Barney |
Just three of the things that will happen, following Brexit:-
European External Action Service. The organisation that handles EU defence, troubleshooting, diplomacy etc. - will be lost to the UK.
Through 1,000 projects in 80 UK universities, the UK currently receives about 20% of the scientific research EU budget, second only to Germany. These funds will stop coming.
2 million UK expats are due a variety of benefits whilst living in EU countries - including pensions, payments and healthcare.
Much of this will cease, and healthcare will have to be negotiated with several countries, individually.
However - the change list is endless. Driving licences, farm subsidies, satnavs, aviation, work permits etc. |
|
MT |
The world economy requires re-adjustment, and a "crash" in the order of 15% to 25% is the range of adjustment I've heard discussed by various investmenty type experts.
This will happen anyway, but there is a common thought that Brexit will be the trigger - not because Brexit in itself actually changes very much on a global basis, but it is a hook to hang your coat on.
Time to consider investments - one to look atis Islamis investments, for example HSBC Islamic Index funds. They sailed through past adjustments because of the way they select investments. Never a guarantee of course, and not for me to advise. It is never a bad thing to review where your savings are though. |
|
Barney |
Twice that to Brexit
One is certain the other, not so
A very uncertain economic outlook for the Winter/Spring
Uncertainty is biting and delaying important decisions
Not least because of the dozens and dozens of agreements (trade and otherwise) which will have to be renogotiated
In addition to the massive cost - which is anyone's guess
Northern Ireland's border problems (our only land border with an EU country, soon) - could well turn out to be an absolute nightmare
Combined with the acute absence of real political talent, at what maybe our most critical period. |
|
|
|
|
