[Merged]Brexit stuff

[BlasterBates]

What is amusing is that the 350 million per week is peanuts compared to how much everyone in Britain is poorer after trashing the pound by voting to leave the EU.

[The_Equalizer]

What is amusing is that the 350 million per week is peanuts compared to how much everyone in Britain is poorer after trashing the pound by voting to leave the EU.

That's right. I've just sold my first born son for a loaf of bread.

[scooterscot]

That's right. I've just sold my first born son for a loaf of bread.

1 down 11 to go...

[GB9]

What is amusing is that the 350 million per week is peanuts compared to how much everyone in Britain is poorer after trashing the pound by voting to leave the EU.

I'm really struggling to see how I'm poorer.

[d000hg]

What is amusing is that the 350 million per week is peanuts compared to how much everyone in Britain is poorer after trashing the pound by voting to leave the EU.

I'm definitely not 350m poorer.

[NotAllThere]

I'm really struggling to see how I'm poorer.

That's not altogether surprising.

[BlasterBates]

I'm really struggling to see how I'm poorer.

It might take some time, but you'll figure it out in the end

[tomtomagain]

It might take some time, but you'll figure it out in the end

A weekend in Paris might seem a bit more pricey.

And 2 weeks in Spain will cost more next year. As will a German car.

And anything that needed to be transported from A-->B will go up in price.

But on the plus side, if we see a sustained period where the exchange rates are below $1.3, then we should start to see a shift away from a consumption led economy towards more manufacturing. Which I think is the one thing that most people agree on : "We should make more stuff"

Of course it will take years for these effects to play out.

Just think of the people who are here but sending their money home. They've just taken a hell of a pay-cut.

[GB9]

A weekend in Paris might seem a bit more pricey.

And 2 weeks in Spain will cost more next year. As will a German car.

And anything that needed to be transported from A-->B will go up in price.

But on the plus side, if we see a sustained period where the exchange rates are below $1.3, then we should start to see a shift away from a consumption led economy towards more manufacturing. Which I think is the one thing that most people agree on : "We should make more stuff"

Of course it will take years for these effects to play out.

Just think of the people who are here but sending their money home. They've just taken a hell of a pay-cut.

Won't be worth coming here soon.

[GB9]

That's not altogether surprising.

Probably because it's not happened.

My pension pot is up £40k. Does that make me poorer?