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Preparedness for when

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  • Interesting, this sharp uptick in activity (and price) predated the EU referendum announcement by about a week.

    Well, we all knew in advance that he was going over there, cap in hand, looking for "renegotiation" and wasn't likely to come out with anything more than being considered "a bit special"... I suspect, in many people's minds, the mere fact of an attempted renegotiation means that our PTB think we'd be better off out than in.
    Angie - GC Jul 25: £225.85/£500 : 2025 Fashion on the Ration Challenge: 26/68: (Money's just a substitute for time & talent...)
  • maryb
    maryb Posts: 4,714 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Not much will change Fuddle. Life will go on not least because it will take two years to extricate ourselves. By that time the way ahead with trade arrangements etc will have been largely sorted. But there will be a lot of scaremongering like Alan Johnson suggesting that 30000 apprenticeships are at risk. Is he seriously suggesting we woul go from 30000 to zero?
    It doesn't matter if you are a glass half full or half empty sort of person. Keep it topped up! Cheers!
  • maryb
    maryb Posts: 4,714 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    We might even have more apprenticeships if we don't have to award big engineering contracts to other countries (which always seem to award similar contracts to their own somehow, funny that)
    It doesn't matter if you are a glass half full or half empty sort of person. Keep it topped up! Cheers!
  • GreyQueen
    GreyQueen Posts: 13,008 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    ((fuddle)) in the grand scheme of things, this whole EU issue is a storm in a teacup.

    When my Nan (93 this summer) was a girl, people were bordering on starving in their village. When she was 18, and pregnant with my Dad, my grandparents lost their first home to a fire. When she was 19 and Dad was a newborn, my Grandad watched as a crippled American bomber lurched over the rooftop of the home which held his widowed mother, his young wife, toddler daughter and newborn son. A year later, someone breached blackout and Nan got to cower under her kitchen table clutching my Dad and my Aunt as a German fighter strafed the village street.

    Great Auntie Dolly, maysherestinpeace, used to hide under her sewing table during air raids in London's East End, then wait for the all-clear and get sewing again. She had three kiddos to support, and she did. She made old bones, dying in the 1990s, and nothing much phased her.

    In the great flow of history, what will go on if/ when we leave the EU will be a footnote. It won't even be epoch-making to those who can remember the Oil Crisis and the Three Day Week. Heck, I quite enjoyed the 1970s, powercuts and shortages of some foods notwithstanding.:rotfl:

    Be calm, and don't let the pro or anti crowd panic you into their camp. There will be a furore of propaganda from both sides for a whole three months, then more once the vote is counted. Read widely from all sources, think quietly, and make a reasoned decision. Whichever way the vote goes, life will go on.
    Every increased possession loads us with a new weariness.
    John Ruskin
    Veni, vidi, eradici
    (I came, I saw, I kondo'd)
  • Nargleblast
    Nargleblast Posts: 10,763 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Debt-free and Proud!
    edited 23 February 2016 at 9:51AM
    I too will be voting OUT, but I will follow the debates with interest.

    I see, despite the "good natured" cabinet meeting the other day, the knives are out already. Our PM on the Andrew Marr show making a reference to "linking arms with the likes of Galloway and Farage" for example, and the snide attacks on Boris Johnson in parliament yesterday.

    Whatever you think of the individuals concerned, making it a campaign of nasty cheap shots against the other side (no doubt the outers will do the same) instead of reasoned debate about the facts is just the sort of thing that puts people off going to vote.

    So, every day from now we can expect handbags at dawn?
    One life - your life - live it!
  • I remember 1973 very well, I also remember very well all those years between 1948 when I was born and 1973 when we weren't part of the common market. We fared just fine up to 1973 and my guess, even though it's a VERY different world in 2016 would be that we'd fare just fine IF there was an OUT vote, possibly better than we'd fare if there is an IN vote. It's one of those things where no one really knows. I don't buy DCs uncharted territory speech, we've only been part of the European Collective for a finite time and it's wrecked what was GREAT BRITAIN and made us into 'gb'. I don't mean harking back to colonial times but in our own eyes as a nation we have very little pride left in the nation, what the nation has become and where the nation is likely to still be if we do vote to stay in the EU. It wouldn't be easy and I guess the adjustment time and in particular the two years where Europe decided on whether or not we can exit would be very uncertain but we might just be better off standing on our own capable feet and taking our destiny back into our own control!
  • I have heard if the vote is for getting out of the EU, that there might be more negotiations for us to stay in?? Or is this just scare mongering??
    Work to live= not live to work
  • Karmacat
    Karmacat Posts: 39,460 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Frugalsod wrote: »
    Mine was made up only recently when I saw how Greece was treated. It could so easily happen here with our banks. That was the decider for me. Otherwise I would have been pro staying in.

    Like you I will avoid the media with its bias and watch what is happening in the real world before deciding finally. I do not see my support for exit as anyway being support for UKIP.
    Agreed!
    With the EU referendum dominating the news for the next four months at least, we need to keep eyes and ears open for other news items that might get buried.
    Thats a good point too.
    GreyQueen wrote: »
    ((fuddle)) in the grand scheme of things, this whole EU issue is a storm in a teacup.

    When my Nan (93 this summer) was a girl, people were bordering on starving in their village. When she was 18, and pregnant with my Dad, my grandparents lost their first home to a fire. When she was 19 and Dad was a newborn, my Grandad watched as a crippled American bomber lurched over the rooftop of the home which held his widowed mother, his young wife, toddler daughter and newborn son. A year later, someone breached blackout and Nan got to cower under her kitchen table clutching my Dad and my Aunt as a German fighter strafed the village street.

    Great Auntie Dolly, maysherestinpeace, used to hide under her sewing table during air raids in London's East End, then wait for the all-clear and get sewing again. She had three kiddos to support, and she did. She made old bones, dying in the 1990s, and nothing much phased her.

    In the great flow of history, what will go on if/ when we leave the EU will be a footnote. It won't even be epoch-making to those who can remember the Oil Crisis and the Three Day Week. Heck, I quite enjoyed the 1970s, powercuts and shortages of some foods notwithstanding.:rotfl:

    Be calm, and don't let the pro or anti crowd panic you into their camp. There will be a furore of propaganda from both sides for a whole three months, then more once the vote is counted. Read widely from all sources, think quietly, and make a reasoned decision. Whichever way the vote goes, life will go on.

    Well said, GQ. Fuddle, I absolutely understand the sidling on out, but GQ is spot on, life goes on. I confess, I get a bit over-involved in micro managing my decision or step out entirely, so I'm trying to be a bit more balanced on this one. I voted yes in 1975 to being part of a trade block, but right now? I'm very tempted to vote no, because its a political and economic alliance whose leaders want to get closer, and whose populace (like us lot here) are saying no. Its a recipe for disaster, long term.

    2023: the year I get to buy a car
  • Frugalsod
    Frugalsod Posts: 2,966 Forumite
    Tenth Anniversary Combo Breaker
    GreyQueen wrote: »
    :) I read some mutters about that, too, maryb. Wasn't The Times, but it was somewhere else in the last 48 hours - online.

    Pal who sells gold and silver bullion coins for investment is out of krugerrands and low on sovreigns and silver Britannias and has lots more potential buyers than sellers. He's even bidding more per coin than his usual margin, trying to secure stock, but most would-be sellers are testing the market and sitting on their hands waiting for the price to go up.

    Lots of people trying to buy gold all in a rush is usually a sign that they don't trust the current state of affairs. They could all just be bonkers, of course, but they're prepared to turn cash into bullion to the tune of several thousand quid at a time. I saw someone drop £6k on bullion only a few days ago, and he looked like a Joe Soap without a penny to his name not a Richie Rich.

    Interesting, this sharp uptick in activity (and price) predated the EU referendum announcement by about a week.
    I think the fact that with the pound weakening that will mean that gold that is priced in dollar terms will rise in value. In a number of countries gold is at all time highs in local currency terms. It could be that people are buying gold in a way to take a bet on the pound falling and in that respect gold makes a good hedge. Though I think people are also concerned about bail in laws now. Though longer term I do not see people being allowed to keep gold and it will probably be confiscated again. This time I suspect that when the bullion banks have run out of gold that TPTB will start to confiscate gold to melt down to repay foreign governments who leased their gold to the Federal reserve.

    I will probably start getting some gold coins once I have cleared my debts. Though that will be more to avoid bail ins than anything else. I will probably be upping my prepping significantly so I have plenty of basics to get me through any problems.
    It's really easy to default to cynicism these days, since you are almost always certain to be right.
  • maryb
    maryb Posts: 4,714 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    CoolTrikerChick, I don't think so, Belgium wanted a clause inserted in the deal Cameron got that meant it fell away completely in the event of an out vote so it can't be used as the basis for getting extra concessions on top, we would have to start from scratch. Though having said that, the EU response to a referendum is often vote again until you get it right But it's hard to see how the government could so flagrantly ignore the result of the vote by negotiating to stay in.
    It doesn't matter if you are a glass half full or half empty sort of person. Keep it topped up! Cheers!
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