Assuming EU will not budge, Britain ramps up preparations for no-deal Brexit

[Jip99]

2 hours ago, stephenterry said:

You live in a fantasy land.  Brexit is the sole cause of the pound falling against most currencies, and would continue to do so if an expletive 'no deal' brexit occurs. To think otherwise is fiction.

 

 

Tell that to the Americans, Europeans and Aussies living in Thailand.

[Chomper Higgot]

9 minutes ago, dick dasterdly said:

 

 

My (admittedly, slightly pedantic) post was addressed to Chomper who referred to previous TV threads when sterling fell below 60 bht to support his 'cause'!

 

This annoyed me, as it would take hours/days to find threads going back to around the referendum - far more to find threads (if they still exist) to when the exchange rate was 70 and then 60!  (Believe me, I'd love to find them as I'm pretty sure that I predicted BRINO around that time.) 

 

FWIW, I agree that sterling will likely fall slightly further in the event of 'no deal', but also think that this has been largely 'factored in' nowadays - so once the uncertainty ends it is likely to fall slightly, stabilise and then improve.  But I'd be the first to agree that this is just my OPINION ????.

Ever pleased to accommodate:

 

 

 

Post No. 10 in this thread is an example of the hardship caused, even when the £was over Bht60

 

 

 

 

Comments in this thread from people who are still active members are worth reading

 

 

 

 

 

And this thread captures the problem perfectly, the vote options alone are laughable with hindsight.

https://forum.thaivisa.com/topic/159135-£-sterling-up-sht-creek/

 

There are many more like this to be found in threads started in late 2008 on the ‘Jobs, Economy’ sub forum.

 

Sorry to have 'annoyed you'.

 

 

 

 

[phka]

11 hours ago, keith101 said:

I believe that 3 years ago the vote was racially motivated because of all the black and Muslim immigrants moving to the UK for a better life .

I agree 100% all I heard back then and now was pro brexiters complain about forigners 

[SheungWan]

You live in a fantasy land.  Brexit is the sole cause of the pound falling against most currencies, and would continue to do so if an expletive 'no deal' brexit occurs. To think otherwise is fiction.

Not the exclusive cause but takes the biscuit right now. Brexiteer pound in your pocket shrinking again.

Sent from my SM-N935F using Thailand Forum - Thaivisa mobile app

[gbsmiley]

The sooner we are out, the better, no deal for me.

The EU is only interested in UK money to feather its nest, and give unelected bureaucrats stupid wages & big fat pensions, together with a trade surplus in their favour.

Additionally the war criminal 'Tony Blair' gave up 7 per cent of our rebate linked to promises of reforms which, you guessed it, never materialised.

Without the UK money the EU is a dead duck.

The EU told the member states they would continue with all their planned hairbrain schemes, and the members would have to cover the shortfall, to which they said NO!!

The pound & economy is weak because of the uncertainity resulting in near to zero investment.

Rest assured there is money to made with or without a deal but not until a final conclusion has been reached

[CG1 Blue]

2 hours ago, puipuitom said:

"with some goodwill instead " Like... the UK gets free access to all, outside the EU, but still all benefits, zero contribution, etc.

YOU leave the club, and till now not ONE option did hold in the HoC.

Seen all reports and publicatiosn, not so many in the EU lbeleive the Brexit will NOT be a disaster.

Remind EU parliament election: in NL, the PVV, and ONLY one who insists for a Nexit, went from 4 seats to zero. ZERO ! 

Talking of goodwill, do you think the EU showed goodwill when they kicked the UK out of the Galileo project, despite the UK contributing £1.2bn and an immeasurable amount of intelligence and expertise? 

[dick dasterdly]

10 minutes ago, Chomper Higgot said:

Ever pleased to accommodate:

 

 

 

Post No. 10 in this thread is an example of the hardship caused, even when the £was over Bht60

 

 

 

 

Comments in this thread from people who are still active members are worth reading

 

 

 

 

 

And this thread captures the problem perfectly, the vote options alone are laughable with hindsight.

https://forum.thaivisa.com/topic/159135-£-sterling-up-sht-creek/

 

There are many more like this to be found in threads started in late 2008 on the ‘Jobs, Economy’ sub forum.

 

Sorry to have 'annoyed you'.

 

 

 

 

Have to admit that I'm 'somewhat' impressed that you were prepared to spend so much time looking for threads going back to 2008!

[Chomper Higgot]

1 minute ago, dick dasterdly said:

Have to admit that I'm 'somewhat' impressed that you were prepared to spend so much time looking for threads going back to 2008!

It took me about 15 minutes. 

 

I checked the historical value of the £/Bht, spotted the sudden drop around end 2008, then searched every tenth page not the 'Jobs Economy' subform for threads around the end of 2008 - Simple. 

 

Just take a look at those voting options for where the exchange rate was predicted to go, laughable, until you read the accounts of hardship it was creating. 

 

 

[damascase]

29 minutes ago, gbsmiley said:

The sooner we are out, the better, no deal for me.

The EU is only interested in UK money to feather its nest, and give unelected bureaucrats stupid wages & big fat pensions, together with a trade surplus in their favour.

Additionally the war criminal 'Tony Blair' gave up 7 per cent of our rebate linked to promises of reforms which, you guessed it, never materialised.

Without the UK money the EU is a dead duck.

The EU told the member states they would continue with all their planned hairbrain schemes, and the members would have to cover the shortfall, to which they said NO!!

The pound & economy is weak because of the uncertainity resulting in near to zero investment.

Rest assured there is money to made with or without a deal but not until a final conclusion has been reached

Your comment shows that you don’t have a clue about the EU.

[dick dasterdly]

47 minutes ago, Chomper Higgot said:

It took me about 15 minutes. 

 

I checked the historical value of the £/Bht, spotted the sudden drop around end 2008, then searched every tenth page not the 'Jobs Economy' subform for threads around the end of 2008 - Simple. 

 

Just take a look at those voting options for where the exchange rate was predicted to go, laughable, until you read the accounts of hardship it was creating. 

 

 

Try doing the same in the World News sub-forum, rather than the tiny Jobs/Economy sub-forum....

[dick dasterdly]

But back on topic, surely the previous govt. were preparing for 'no deal'?

 

Or perhaps they weren't - which makes the attempted 'stitch up' even more obvious. 

Edited July 29, 2019 by dick dasterdly

[CG1 Blue]

14 minutes ago, dick dasterdly said:

But back on topic, surely the previous govt. were preparing for 'no deal'?

 

Or perhaps they weren't - which makes the attempted 'stitch up' even more obvious. 

I'd go with the latter. Despite May's public statements, I don't think there was any real conviction from her government to leave the EU. And I think the EU negotiators took full advantage of this. 

[Chomper Higgot]

17 minutes ago, dick dasterdly said:

But back on topic, surely the previous govt. were preparing for 'no deal'?

 

Or perhaps they weren't - which makes the attempted 'stitch up' even more obvious. 

They were. Johnson is escalating preparations already in progress.

[CG1 Blue]

2 hours ago, Mavideol said:

actually the UK is not part of the (mainland) EU, they are an island

There is no such things as "mainland EU". The EU is a political project, not a geographical area. The EU bureaucrats may have ambitions to rule a nation of states, but they're not quite there yet! 

[3NUMBAS]

the fact theyre are using an underground wartime bunker for meetings tells you its serious to escape the brussels ponzi scheme..last one to leave loses his shirt

[bomber]

1 hour ago, Jip99 said:

 

 

Tell that to the Americans, Europeans and Aussies living in Thailand.

everyone's getting hit,the brits the hardest,but they have brexit to rescue them,the rest have no chance,take a walk down soi 6 and the first baldy brit will have you dreaming of 50 again????   

[bomber]

1 hour ago, gbsmiley said:

The sooner we are out, the better, no deal for me.

The EU is only interested in UK money to feather its nest, and give unelected bureaucrats stupid wages & big fat pensions, together with a trade surplus in their favour.

Additionally the war criminal 'Tony Blair' gave up 7 per cent of our rebate linked to promises of reforms which, you guessed it, never materialised.

Without the UK money the EU is a dead duck.

The EU told the member states they would continue with all their planned hairbrain schemes, and the members would have to cover the shortfall, to which they said NO!!

The pound & economy is weak because of the uncertainity resulting in near to zero investment.

Rest assured there is money to made with or without a deal but not until a final conclusion has been reached

it costs brits less than a quid a week to be in the EU,so after 3 years £140-150 seems cheap,most will of spent £1000+ more while on holiday in 3-4 years,then add on fuel costing more and a few other things,and if its a no deal then inflation will surge,not project fear but project FACT

[bristolboy]

1 hour ago, Jip99 said:

 

 

Tell that to the Americans, Europeans and Aussies living in Thailand.

It just happens that the Thai baht has been exceptionally strong lately against pretty much all currencies. But if you think that has serious economic significance in global markets, then you've been living in Thailand too long.

 

[billd766]

4 hours ago, nauseus said:

Vive de Gaulle! DNA clone him, wake him up with a snifter of cognac then replace Macron.

De Gaulle's nose was nearly as big as Macron is tall.

[CNXexpat]

13 hours ago, keith101 said:

I believe that 3 years ago the vote was racially motivated because of all the black and Muslim immigrants moving to the UK for a better life .

Which black and muslim migrants? The UK is not a part of the Schengen contract, so not less will come with a Brexit. But many stupid Britons don´t know that.

[Jip99]

8 minutes ago, bristolboy said:

It just happens that the Thai baht has been exceptionally strong lately against pretty much all currencies. But if you think that has serious economic significance in global markets, then you've been living in Thailand too long.

 

 

 

Did I say anywhere that it has any significance anywhere outside Thailand.

 

This is a Thailand form........ but thanks anyway for the irrelevant comments.

[CNXexpat]

2 hours ago, phka said:

I agree 100% all I heard back then and now was pro brexiters complain about forigners 

Only the stupid Brexiters think that. See my comment above.

[CNXexpat]

PSA, the owner of Vauxhall said today, that in a case of a hard Brexit, they will close the Astra factory in the UK and build the car in Italy or Spain. BMW thinks about to relocate with the Mini production to Germany. Two Japanese car builders will close their factories in the UK for sure. Have fun UK.

[shy coconut]

13 hours ago, vogie said:

You have made some good points but the remainers have tried to thwart any kind of a Brexit, they could have voted for Mrs Mays deal which was Brexit in name only and wasn't really leaving the EU in its true sense. Infact they wanted to ignore the decision what our country voted for, they wanted it their way or no way, now it might come back to haunt them if we crash out without a deal.

Ha ha so Rees Mogg is a remainer now!!

 

You really spout some nonsense here.

[shy coconut]

12 hours ago, vogie said:

Many people would argue that honouring what the country voted for is not extreme, I'm sure Boris would love to leave with a deal that is suitable to everyone, but the EU keeps on insisting that the only deal available is Mrs Mays deal and that deal was a dead duck then and now is still a dead duck.

A 'No Deal' has been forced on the UK by remainers who don't believe in democracy and the EU who are totally instransigent to the delemma, I wonder how many Labour MPs and some Tory MPs had wished they had voted for Mays deal now, well it looks like that ship has sailed. You make your bed you lie in it.

 

The no deal was an option provided by the numpties who voted for brexit.

 

The remainers voted to stay which negated the need for any deal.

Stop blaming the wrong people for this king sized cock up.

[vogie]

22 minutes ago, shy coconut said:

Ha ha so Rees Mogg is a remainer now!!

 

You really spout some nonsense here.

Who mentioned Rees Mogg. On ignore.

Edited July 29, 2019 by vogie

[vogie]

3 minutes ago, shy coconut said:

The no deal was an option provided by the numpties who voted for brexit.

 

The remainers voted to stay which negated the need for any deal.

Stop blaming the wrong people for this king sized cock up.

The country voted to leave, have you forgotten that?

 

Edited July 29, 2019 by vogie

[bomber]

20 minutes ago, CG1 Blue said:

There is no such things as "mainland EU". The EU is a political project, not a geographical area. The EU bureaucrats may have ambitions to rule a nation of states, but they're not quite there yet! 

I wish they would hurry up,one week of BJs bull is enough.

[shy coconut]

11 hours ago, tomacht8 said:

junior Treasury minister Rishi Sunak said it was "not a blank cheque" for spending but that Britain could afford to borrow more.

 

The funding runs on additional credit. The household debt will grow fat again. At the same time, no growth impulses are to be expected. Additional price increases are to be expected, additional tax losses due to corporate downsizing, reduction of domestic investment and depreciation of the British pound in relation to foreign trade. Truly no rosy prospects.

Yes but we will have our sovereignty back..... Rule Brittania.!!!!

 

 

 

 

 

 

Sarcasm.

[shy coconut]

5 hours ago, dick dasterdly said:

 

 

My (admittedly, slightly pedantic) post was addressed to Chomper who referred to previous TV threads when sterling fell below 60 bht to support his 'cause'!

 

This annoyed me, as it would take hours/days to find threads going back to around the referendum - far more to find threads (if they still exist) to when the exchange rate was 70 and then 60!  (Believe me, I'd love to find them as I'm pretty sure that I predicted BRINO around that time.) 

 

FWIW, I agree that sterling will likely fall slightly further in the event of 'no deal', but also think that this has been largely 'factored in' nowadays - so once the uncertainty ends it is likely to fall slightly, stabilise and then improve.  But I'd be the first to agree that this is just my OPINION ????.

In 10 hours today the pound has gone from 38.16 to 37.73 this despite the scruffy haired, Etonian, peoples champion taking back control of the process.

 

Is this part of the factoring and slight fall, or is there more bad news to come?