Topic: Brexit we're going to know the end of the story. (Read 362 times)

yes it is a difficult decision for Brexit because of its influence on the per-capita economy. a decline in the number of consumers and the pound sterling.

Thanks

OMG at the prices
How the citizens can buy something with such prices. Near the same as in my country. I was expecting prices similar to Estonia

Do you mean from Romania? Here, no English unfortunately

Auch at the prices...

@1Referee

I know that the problem in Italy is like a scheduled bomb. They try over and over again to delay the inevitable. But when it will explode the problem will be much bigger and will not only impact Europe, it also has the potential to disrupt the global economy. Simply because Europe does not have enough money to help Italy like Greece. It was easy for Greece but for Italy, it is a completely different story.

I know that this day will come, I hope people here will then call me expert since they call everyone expert once you did a right prediction 

@stompix
Any website listing real estate for sale? I just wanna see the prices to buy an apartment or house.

Prices of food have gone up everywhere, be it the EU or Norway or the US.
But let's look at the wages also:



It's not a 50% increase but it's still a 30%.
And not everything has gone up the same as food, and even if the prices of houses has gone up so has the average home ownership.

If you think a 200% increase is bad, I can still remember back in 2000 when you could buy a cola bottle with what is now 0.20 euros, and good luck buying anything else than 200ml right now with it.
Eastern Europe has been hit far harder by inflation when it comes to food and if we do the math with price/wage I don't even want to know how it looks for a romanian or bulgarian.

Lols...
Milk (regular), (1 liter)   1.10 €  vs (5.17 lei) 0.99 €

Yeah, it's not all good and blue and shiny but I still think we would be far worse without it.

The worst part is that politicians keep promising that every bit of debt will be paid back, but every well thinking being knows that it is never going to happen. It wouldn't even surprise me if they pull off a Cyprus haircut type of cheat, but in a more stressing way. It's the easiest way to pay for something without having to use their own money, nor have to print more and devalue the Euro even further.

If people thought they have seen the worst when Greece was on the edge of imploding, wait for what will happen when Italy does the same, there just isn't a way to compare both countries. Italy will drag the EU as a whole down with it, and the EU from there will drag the rest down with it. Chaos guaranteed.

 it is currently a very tense situation among European Union countries. I think alliance countries will help and will rethink the UK will leave the European Union and certainly the UK will have more concessions.
We are in an economic downturn, so leaving the European Union will be a very wrong step for the United Kingdom. I think they will have other solutions instead of leaving the European Union. Let's wait and see!

Yeah me too I still have some old coins and banknotes. I have even bought some with BTC from a member here

Take a look at this picture http://1.bp.blogspot.com/-GNFRWTtPVNA/TrbvBA4jpCI/AAAAAAAAAZo/AGDBtqikPvw/s1600/euros_produit_courant.jpg
I couldn't find one similar in English but the last column with the percentage is enough. That's the difference we are paying since we moved to EUR. (i.e. 1 salad +200%, milk+50%) I don't see what is good with it. I could be ok to pay a milk bottle even €10 (x10) IF they increase the wages/salaries x10 too

Another example I can give is about a farmer. He is forced to sell his milk let's say €0.30/L while it costs him €0.40/L Isn't it crazy?

The thing about companies moving back to the supposed rich EU countries is because they got an advantage regarding their taxes. Some countries are trying to attract companies to get them back by offering, for example, a 20% discount during 2 years on their taxes, or another type of incentive. Then what happened, once they raped the discount they again move from the country...

It was looking good at the beginning, no borders, same currency, etc but most, if not all, old countries aren't better economically, politically...
When Greece was in crisis, Europe helped the country with millions, but who's paying? The whole of Europe and its citizens. Do they have enough finance to help a country? No. Well the debt increase so.

The situation in Great Britain is extremely interesting and dangerous at the same time. A wrong decision may bring an economic crisis that may have a negative impact on the global economy. I think that the end of the story will be very bad and harsh for the UK citizens as I cannot predict a safe and friendly breakup with the European Union.

I somewhat disagree with a bit of it

Countries benefit from it, as they indeed receive more money from ...obviously the richer.

But for the individual, things in the poorest countries are not that bright. Prices have already gone up really bad, and I was amazed to experience the almost same prices in Bulgaria as in Slovakia or Poland, this for basic food while wages are seriously lagging behind.

And the things about companies...they are also moving between those as well with no rule whatsoever as I've seen companies relocating from Romania to Hungary or the Czech Republic or even stranger going back from Poland to the Netherlands.

The euro was probably the best thing that happened, I still have a lot of coins from the '90 and I remember the pain in the ass of changing currency every time, no more calculating each time how much that is in what currency and comparing prices.


This is good in my opinion, as it's damn weird to have some punishment in some country and just over the border that thing to be perfectly legal, I really dislike the US approach on this.

Generally speaking, old countries don't benefit anymore, it's the opposite. The countries that benefit to be in Europe are the ones with a weak economy (or the poor to be more direct) since they get help from EU (not only financially)
Prices increased a lot since, with $5 you can not even buy a piece of fish, of course, the wages didn't follow. Companies started to move to other places. Some of them were offered free money to stay in a country, they accepted to stay but after receiving the money they're gone. I can give a lot of examples like this.
No country is singing the same song and the European laws are now more important than the local laws. Otherwise, the country pays a fine to Europe. Most countries are afraid of the EU laws so they obey like a puppy.

I doubt it will happen. The brexit plan did get get the approval of the government so they need a new plan. Most likely an extension followed by a cancellation as it was a bad idea anyway

Brexit will leads economic crisis on british economy. As financial center in the world, from what i am read, many financial institution start to moving their office to others country and i think its bad for british economy.

I have to admit I'm a tad ignorant on this subject. I've often heard the claim that economically strong countries like Germany are carrying the EU (paying more in than they're benefitting). Does that apply to the UK at all, given that it's one of the largest economies in the world? Could the EU breaking up be a good thing?


Yeah, a hard Brexit won't be good for anyone in the short term.

Brexit have big effect for economic situation at Europe, many country still do not agree with England and brexit system, it will have effect for economic global situation in the world where only some person could be working at england right now.

indeed gold is a good choice to divert wealth, but I think for Brexit we have now been given the option of digital gold, namely bitcoin. if they know clearly about BTC and dare to take risks, surely the investment here will be better

Too bad it's always someone else that ends up suffering while those responsible for this madness have very likely done everything to hedge any potential negative consequences to protect their wealth.

Bitcoin offers anyone to do the same in order to protect their wealth, or at least a part of it. If Bitcoin wasn't an option I would buy myself into gold, because that was the best option we had before Bitcoin was a thing.

Overall, it was doomed to fail anyway. I strongly believe that we haven't even seen the worst. All we have seen so far is only a glimpse of what people will be going through in the coming years.

So, it's Tuesday and the comedy is in full swing
https://www.theguardian.com/politics/live/2019/jan/15/brexit-vote-parliament-latest-news-may-corbyn-gove-tells-tories-they-can-improve-outcome-if-mays-deal-passed-politics-live

Betfair:
UK - Brexit - UK to leave the EU by the 29/03/2019?
https://www.betfair.ro/exchange/plus/politics/market/1.153320849
Just 700k$ not impressive but the rates are no good either

But ...really...wtf?


My opinion is that this is a mess nobody deserves and the ones that started it have long abandoned the ship.
Somebody is desperate at breaking the EU, a united Europe is a nightmare for some it seems.

Although EU is pushing hard, EU commisioners know that an economical or political crise won't smash only UK and they are going to be in a bad situation. I think, another referendum for Brexit is not so far away and British people may step back. In any situation, they have to bear the full consequences of what they have done.

LOL trust me none UK citizen's will be sent nowhere. all of them will stay and live in EU as they did so far.