Has the penny dropped (as fast as the Pound)- Brexit is a disaster

Why not find something else to obsess about?
In other news, I had an email from my energy supplier this morning: my electricity is going down in price.
Take that Mr Putin! Beware Russian bots spreading anti UK doom and gloom.

Fleurpepper

Same here Mamie- very concerned about mortgage rates, energy prices, the demise of the NHS and inflation, on food, medicines and everything else, for our ACs, but more importanly, on our grandchildren, who will be paying the hightest price for Brexit in years to come.

Fortunately, ours have access to other passports, and will always have two escape routes. Most will not.

Where would your family escape to?

Switzerland? There, the cost of living is third highest in the world. Healthcare is privatised too, I believe.
The UK comes about a third of the way down on the graph, just behind Australia.
worldpopulationreview.com/country-rankings/most-expensive-countries-to-live-in

It would be really interesting to see your statements backed up with facts.

Thank you.

Mamie

It is nowhere near €1.25 Katie59. We lose a couple of cents in transfer, but have had around 1.14 recently, which is the current rate on XE.
We considered our finances in depth before we moved. We took into account fluctuations. The spreadsheets allow us to continually model our finances and make adjustments.
I don't think we considered a situation where a string of ill-considered political decisions would cause a long-term decline in the country's financial position.
As I have said many times, I am far more concerned about the impact of Brexit on the future of our grandchildren than on us.

With commission you are correct, indeed when sterling was at €1.10 you were probably ably getting less than parity. Everything we import or buy overseas is affected, far to little is made of the poor exchange rate, all for the sake of a hopeless dream that turned int a nightmare

Indeed, Callistemon. I would far rather live in the UK with all its alleged faults than in Switzerland. Swiss franc/euro exchange rate hasn’t been too great lately either.

Katie59

Mamie

It is nowhere near €1.25 Katie59. We lose a couple of cents in transfer, but have had around 1.14 recently, which is the current rate on XE.
We considered our finances in depth before we moved. We took into account fluctuations. The spreadsheets allow us to continually model our finances and make adjustments.
I don't think we considered a situation where a string of ill-considered political decisions would cause a long-term decline in the country's financial position.
As I have said many times, I am far more concerned about the impact of Brexit on the future of our grandchildren than on us.

With commission you are correct, indeed when sterling was at €1.10 you were probably ably getting less than parity. Everything we import or buy overseas is affected, far to little is made of the poor exchange rate, all for the sake of a hopeless dream that turned int a nightmare

Facts, what facts? Katie59 says it clearly. The UK has to import a lot of stuff that can't be produced in the UK, or is no longer produced because of broken supply chains, and lack of workforce. So it has to be bought in. As explained above, many foods, many forms of energy, building materials, supply chain materials of so many types, medicines, essential chemicals, and so much more.

It all has to be paid in Sterling- so if the value of Sterling slumps, it costs a lot more. It is not difficult to understand, surely?

Switzerland is an expensive country to live in, but salaries and pensions are very high. But this it totally irrelevant to this discussion. Why are some of you obsessing about it, I wonder.

As for shortages of Labour, be they doctors, nurses and care staff, vets, construction and agricultural workers, HGV drivers, Hôtel and restaurant staff, etc, etc- why should they come to the UK now? They have been made to feel very unwelcome, and now their salary are worth so much less due to low Sterling value. Many worked hard to send money back home to help their parents, families, etc, or to save hard to buy a house back home to retire to. there are shortages in all those fields all over the EU too- so it is much simpler to work there, where they are made welcome, and where their salaries are much higher, the exchange rate better, and they can retire earlier.

But why do you keep banging on about it when the deed’s done? It’s so monotonous, I can’t even be bothered to argue. As I said a while ago, a stuck record. You are not going to change things, especially sitting in your nice home in Switzerland. I have a very nice home in the UK, thank you. Stop telling us what a dire state we’re in from the comfort of your chosen abode, we’re not. Find another obsession, I’m sure I’m not the only one who’s totally fed up with this one.

When someone tries to knock someone else down, it is normally because they want to put themselves up.

Are you trying to knock the Uk down[using Brexit] to feel better about your own high cost of living, Fleurpepper?

Just ignore it. I can assure ou, I am not the only one who is totally fed up about 'this one' aka Brexit.

And no, I am not... fancy that!

Switzerland is an expensive country to live in, but salaries and pensions are very high. But this it totally irrelevant to this discussion. Why are some of you obsessing about it, I wonder

I think this may be at the root of your own obsession OP.
Your UK pensions while perfectly adequate or even generous at " home" - we have retired doctors and teachers in the family too- don't look as impressive compared to your Swiss counterparts.
It all makes sense now!

Foxygloves

^Switzerland is an expensive country to live in, but salaries and pensions are very high. But this it totally irrelevant to this discussion. Why are some of you obsessing about it, I wonder^

I think this may be at the root of your own obsession OP.
Your UK pensions while perfectly adequate or even generous at " home" - we have retired doctors and teachers in the family too- don't look as impressive compared to your Swiss counterparts.
It all makes sense now!

I believe Foxygloves is spot on.

For example: My brother is bringing, from USA very sizable pensions, by UK standards, the exchange rate is bad - however he's content because the deposits to his accounts please him here.

why be so obsessed about making this about my situation?

'it all makes sense now' - well, Brexit certainly does not.

Isn’t your obsession all about your situation? I believe it is.

Fleurpepper

why be so obsessed about making this about my situation?

'it all makes sense now' - well, Brexit certainly does not.

Seems to me that you are obsessed with something in the past. Perhaps it's time to move on and find a new obsession?

Switzerland is an expensive country to live in, but salaries and pensions are very high. But this it totally irrelevant to this discussion. Why are some of you obsessing about it, I wonder.

I'm not obsessing at all, but you seem upset because of the exchange rate between the GBP and the Swiss Franc and, most importantly, mentioned that to your family Fortunately, ours have access to other passports, and will always have two escape routes so presumably triple nationality, presumably one Swiss.
I am only presuming here, I could be wrong.

However, I am puzzled by the term "escape routes".
As if this is a country which threatens its citizens and they need to escape. 🤔

The UK has to import a lot of stuff that can't be produced in the UK
As do so many countries and exchange rates do fluctuate.

Some of my family have dual nationality so I do understand, but the cost of living has soared in many countries so Brexit cannot be the sole cause.

It seems to me that the more one tries to explain one's situation, the more many of think that there is a problem with our lives for some reason. Reading a lot into a few words.

Many of our friends who have Irish grandparents have obtained Irish passports - just in case they want to leave the UK.

Two of my siblings are entitled to a passport from an EU Country, they are content in the U.K.

(One is far wealthier than the other, totally different careers and situations)

Dinahmo

Many of our friends who have Irish grandparents have obtained Irish passports - just in case they want to leave the UK.

Yes, the number has rocketed since Brexit, I wonder why? What is really appalling, is that many actually voted for Brexit, knowing they could opt out. Farage applied for German nationality (and was refused as he lied), and Johnson's father for French nationality.

Dinahmo

It seems to me that the more one tries to explain one's situation, the more many of think that there is a problem with our lives for some reason. Reading a lot into a few words.

Of course, and many reasons probably, Deflection from reality, green eyed monster, go figure.

This thread is not about anyone who has chosen, or had to, for any reason, leave the UK. It is about the UK and its citizens, who have been lied to and been deceived- and who are suffering the consequences. And about their children and grand-children who will pay a much heavier price.

Snap election coming up? Or just 1 year to wait- and big changes will be afoot. I believe Starmer will try and improve the relationship with the EU, and will probably fail. And then? When the % of the electorate who is clearly very unhappy with the hard Brexit we ended up with, and the massive damage inflicted on the country and individuals, will request a re-think.

The generation that voted for Brexit is dying off, slowly but surely. And young people who made the huge mistake not to vote, are truly hacked off, and won't make that mistake again.

As you say, it will be time to go forwards, and find ways to sort this mess out.

Just as 'project fear' has become 'project reality', this will come to pass too.

In the meantime, leave you to it.

Please do leave us in peace!

Just ignore- and leave well alone if it bothers you.

green eyed monster are you for real?
You’ve been informing us for I don’t know how long that you’ve lost 60% of your income. That’s not something to envy.
Your children and grandchildren might have to escape from the country of their birth. Again, not something to be envious of.

Of course, and many reasons probably, Deflection from reality, green eyed monster, go figure
This is totally out of order.
Are you seriously accusing members of GN of “the green-eyed monster” - why in the name of Jesus, Mary and the wee donkey should anybody here be jealous of you?
Shame on you for this arrogant and totally unfounded accusation. In the words of Mr Knightley, chastising Emma “This was badly done”

green eyed monster, go figure

What is that supposed to mean? 🤔


why in the name of Jesus, Mary and the wee donkey should anybody here be jealous of you?
No reason at all!

But that reminded me - has the donkey arrived yet?
Now, that was interesting, hearing about the donkey 🙂
Any news?