| The Comments |
I dont see it as facing a form of limbo, as how could there be conditions imposed that are worse than what currently applies to non EU migrants, as that is what the UK will be, Non EU. These conditions can be checked even now in EU legislature. I am sure there will be good consideration given to a UK migrant to the EU, new as well as existing. For an Expat, i dont see the situation changing that much.
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Jean-Claude Juncker, the president of the European Commission, said: "I don't like Brexit because I would like to be in the same boat as the British.
"The day will come when the British will re-enter the boat, I hope."
NOT IF ITS SUNK MATE
LOL Love Hugh xx
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Done the Spain thing Happier in the UK
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Jean Claud Junker
"I don't like Brexit because I would like to be in the same boat as the British"
Easy start LDIP and change your name to Jean Paul Farrage.
I'm sure we will be happy to trade with you!
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"so statements like the UK can't grow enough are wrong we have millions and millions of redundant farm land all over the UK "
We cannot feed ourselves. That's what the U-boat attacks in WW2 were all about.
We were to run out of food in two weeks in 1958 when the dock strickes were on and there was less tha 50M of us then.
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Since June almost 20% of it has evaporated.
June 16 to Mar 17?
No, it is just worth less. The GPB on the 10 March 17 is worth 14% less than on the 10 June 16.
Were you not in France in 2008?
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Or even Jean Claude Farrage!
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There is no such thing as a winner or loser.
Now you've let the cat out of the bag, PP likes being a looser.
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GBP/EUR is down 25% in last two years. It was 1.44 in March 2015 and it was 1.44 in June 2016. Of course Brexit has had nothing to do with the pound being devalued by the whole world.
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Perry the Pound is only going to devalue prior to the exit negotiations, but once the shouting is over , take another look at the exchange rate. It will never be a fair reflection of the exchange value while negotiations continue and the UK is in a fluid state.
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The pound was as low as 1.04 in 2008,1.13 in 2009, 1.12 in 2010, 1.14 in 2011, 1.14 in 2013, did we have a brexit in all those years?
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Robert
interesting note on carvdemand in Spain after our discussion, the Germans are losing a market
http://murciatoday.com/murcia-climbs-on-board-the-hybrid-car-bandwagon_34189-a.html#leftcol
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tteedd - No, it is just worth less.
Which translates for expats as you well know in reduced revenues for they who live on a Sterling income. There are just 'managing expats' as well as in the UK. They work out their ability to live in Europe on one valuation and after a few years they find themselves with another. Sterling depreciation can tip the balance. It has had a serious impact. Just as the great recession in 2008 and the ERM debacle of 1992 almost wiped out British retirees in Europe.
OK so it's a market economy and Sterling is a traded currency but this is something different. The ForeX markets have lost all confidence in Sterling and then by inference the UK's ability to perform post Brexit.
Sterling’s current value does not reflect the current economic fundamentals, it's the future after Brexit the markets are concerned with because that is utterly unknown. Markets hate uncertainity it's almost a cliché now but Brexit creates one giant uncertainty and will likely last for years to come.
My best advice to expats considering returning to UK because of Brexit is sit very tight, don't give up and if you can hang on. The mood music from Brussels is looking positive but be prepared for the long haul of Sterling parity with the Euro. If you return to UK a pound is only worth a pound and the living costs are higher.
This message was last edited by Mickyfinn on 11/03/2017.
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Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
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Before Brexit the Gbp was worth USD 2.50. Now it is worth USD 1.25. That is a 50% devaluation.
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Richard Dawkins on David Cameron.
Dawkins said that instead of demanding a two-thirds majority vote, or a second vote after a “cooling off period,” or allowing parliament time to debate the issues in detail with input from experts, David Cameron “ran scared of Ukip”.
He handed over this massively important decision to a simple majority of ill-informed voters.
The fleeting opinion, on just one day, of a slender majority of an ignorant and misled public is now touted as the sacred and unchangeable word of “the British people”.
Not just for the next five years, as in an ordinary election, but long after we are no longer around to reap the consequences
Pro-European campaigners are to hold their biggest day of action since the referendum on Saturday with more than 100 simultaneous events across the country.
The push to gain momentum for their cause will include street stalls and leafleting and comes ahead of critical Brexit votes in the House of Commons next week.
Volunteers for the Open Britain campaign group will aim to speak with thousands of people during the day to convince them of the need to mobilise.
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Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
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"Tony Abbott, who led Australia between 2013 and 2015, claimed he had “never been more full of admiration” for the British public than after last summer’s EU referendum.
The ex-head of government poured scorn on Brussels for failing to “learn the lessons” of the June 23 vote, while insisting the UK is “entitled to face the future with confidence” by grabbing the “opportunity” of Brexit.
In a speech in central London, hosted by the Politeia thinktank, Mr Abbott explained why he had advised UK voters to support Remain prior to the EU referendum.
He said: “I provided that advice not because I thought that Britain needed Europe but because I knew that Europe needed Britain.
“Having given that advice I have never been happier that my advice was dutifully ignored.
“The British people made a historic decision to take full responsibility for their future and I have to say I have never been more full of admiration for the people of this mighty island than at that time.”
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Perrypower1 you can try and talk the UK down all day no one is listening .....especially the people that acutely live in the UK.it is also a known fact that the money men of the EU manipulate the markets in favour of the euro currency ....if you look on the net every country in the world is saying that Sterling is one of the most under valued currencies in the world we in the UK are already aware of this .
This message was last edited by windtalker on 11/03/2017.
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Perhaps all too many in denial of the need for reform and failings by the EU bureaucrats to date, which sadly has exacerbated the need for the UK to exit from the EU?
Why has Junker (and those in equal denial) not been made equally accountable for an intransigent approach that has led to this highly compromising position, which ironically other European leaders have expressed in the European Parliament, as per their recent vote re reform (post Brexit referendum result). Equally ironic, given Cameron originally highlighted his concerns from the outset re Junker's original appointment as President of the European Commission.
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windtalker
in the UK.it is also a known fact that the money men of the EU manipulate the markets in favour of the euro currency ....if you look on the net every country in the world is saying that Sterling is one of the most under valued currencies in the world
Really?
Sterling overvalued
Morgan Stanley
Goldman Sachs
Bloomberg
So every country in the world saying the pound is undervalued is not exactly the truth, is it?
And, yes, I know that other sites say it is undervalued but, as said before, financial analysis only exists to give astrology a good name.
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Boboal get real ..the three that you mentioned are nothing more than brokers that are well know for market manipulation I suggest you have a look on the net and do some research on the 3% you mentioned ....and you will soon come round to what the other 97% already know.
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The value of Sterling is like any other commodity. It depends entirely what someone will buy it for and what someone will sell it for. Right now very few traders want to hold Sterling because Brexit made the currency toxic.
Until the markets become convinced the UK can survive the exit with a decent deal with the EU it will continue to fall. Euro parity and $1.15 is entirely possible in the next 12 months. UK inflation will worsen until the BoE is forced to raise rates to cool it.
_______________________
Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
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