Brexit

If you retire abroad you still get your UK pension although frozen at the amount when you move. That will not change so? Point worth saying ! We do get the lowest pension amount in Europe, or certainly one of the lowest
Fortunately I do not have to rely on a state pension. What I get is little more than beer money, which is mostly what it is used for.

For what it is worth I sold my property in the sun a couple of years ago. Moved back to the UK a couple of years before that.
 
Only Portugal because I was thinking of moving there, they have no issues with Brits. What country did you have in mind?
Portugal is lovely, language is a bit difficult though. Greece and Spain work fine

Assuming you are going to pay your way, you will have no problems.

Just reminded me, back in the early 80s I sold a decent sized touring PA system to a company in Porto, they paid in cash and, for a few days, I was a cash millionaire. Escudos admitedly, but a fair amount of dosh back then.
 
Portugal is lovely, language is a bit difficult though. Greece and Spain work fine

Assuming you are going to pay your way, you will have no problems.

Just reminded me, back in the early 80s I sold a decent sized touring PA system to a company in Porto, they paid in cash and, for a few days, I was a cash millionaire. Escudos admitedly, but a fair amount of dosh back then.
It is a good job that Brexit and specifically No Deal won't change a thing then.
 
That analogy doesn't work though. Before Brexit and the Covid problem there were enough jobs, there weren't enough local people to do them. Why did they have employment agencies in Eastern European countries? You didn't answer the part of my previous post about prices going up if wages increase. How come the foreigners coming in to do the jobs can live off minimum wage, and still send some home to family?
People at the bottom of the jobs pile were struggling long before brexit. Ive walked round the ball breaking, parasitic recruit ent agencies with my Brother. To be told “dont call us we’ll call you”, time after time. All while EU nationals in the same room have assignments.
How come there are employment agencies in Eastern Europe? Give me strength! To maintain cheap stock levels, of course! Do you think these bastards setting up in other countries is good practice?
How do they live off minimum wage and send money home? They are economic migrants, they havent come for the weather, or to learn Shakespeare. Many of them live cheaply, in rented rooms, within rented houses. They work long hours and send money home. Very admirable, Im not criticising them for it. Things are different for people who have permanent lives, and the commitments that go with them.
So, the analogy doesnt stack up? Lets convert the biccies back to jobs, then. Then tell thirty jobseekers to take one job each. Surely you aren't going to tell me that swelling the applications for jobs with immigrants, doesn't make it harder to get one?
 
Agree with much of that MrT.

The austerity thing, not so much. Browns appalling policies after the crash pushed borrowing through the roof, Cameron continued that and 'austerity' was the result. Not that there was much austerity, public spending increased year on year.
As much as I hate Brown, it wasn't his appalling policies. He had no option. The whole banking system would have collapsed. Fiat currency is well passed it sell by date. The capitalist system was and still is taking its final breaths. I believe the resetting of the debt clock through covid can be linked back to the banking crash.
 
It was neither Browns nor the UKs responsibility to save the banks, a collapse of a UK bank or two may well have stalled at least some of the current issues.

That said, this really is a complex issue, way above my pay grade...;)
 
If the capitalist system is taking its final breaths, god help all of us. 😨
Historically fiat currencies have a life span of around 49 years before they collapse. We are long overdue that collapse.
It is not capitalism per se, it is just the ridiculously inflated currency system.

Need to be prepared though.

We need somewhere to live so we have a home, hopefully that will retain some asset value. Putting the rest into gold.
 
It is not capitalism per se, it is just the ridiculously inflated currency system.

Need to be prepared though.

We need somewhere to live so we have a home, hopefully that will retain some asset value. Putting the rest into gold.
Obviously I'm not as rich as you, mines gone into silver. 100oz a year is my plan and so far I'm up to date
 
People at the bottom of the jobs pile were struggling long before brexit. Ive walked round the ball breaking, parasitic recruit ent agencies with my Brother. To be told “dont call us we’ll call you”, time after time. All while EU nationals in the same room have assignments.
How come there are employment agencies in Eastern Europe? Give me strength! To maintain cheap stock levels, of course! Do you think these bastards setting up in other countries is good practice?
How do they live off minimum wage and send money home? They are economic migrants, they havent come for the weather, or to learn Shakespeare. Many of them live cheaply, in rented rooms, within rented houses. They work long hours and send money home. Very admirable, Im not criticising them for it. Things are different for people who have permanent lives, and the commitments that go with them.
So, the analogy doesnt stack up? Lets convert the biccies back to jobs, then. Then tell thirty jobseekers to take one job each. Surely you aren't going to tell me that swelling the applications for jobs with immigrants, doesn't make it harder to get one?
As much as i sympathize with being underpriced out of the employment market, do you really think that employers will magically raise wages in 2021 because EU citizens are no longer doing the jobs, in the middle of a pandemic and recession caused by brexit?
 
As much as i sympathize with being underpriced out of the employment market, do you really think that employers will magically raise wages in 2021 because EU citizens are no longer doing the jobs, in the middle of a pandemic and recession caused by brexit?
Why would they. They have what they want. A glut of applicants for every shitty job. I know many eu citizens, not one is planning to return to their native countries. Admit it, the maths are irrefutable, more people, less vacancies, lower wages. Those people are up against it because of free movement.
 
Why would they. They have what they want. A glut of applicants for every shitty job. I know many eu citizens, not one is planning to return to their native countries. Admit it, the maths are irrefutable, more people, less vacancies, lower wages. Those people are up against it because of free movement.
Who are they?
 
I am hoping because of Brexit there will be more jobs, There is more reason to make and produce are own stuff. There are 1400 applications from EU countries to move there offices to the UK, this is a record number, with some will come there manufacturing base instead of exporting to us it will be cheaper to produce stuff here. We are Germanys biggest Market they wont want to lose that. A USA free trade deal is about done, they already employ a million Brits there and us 1 million yanks here. Things will change its up to us to make the most of it.
 
Initially, it was for me. Ive nothing but admiration for anyone who uprooted and moved to another country, if they did it legally. The rules said that they could come, so they did nothing wrong. Ny issue is with the rule that instigated it, hence I voted leave. The bottomless supply of cheap labour keeps the low skilled competing for shit jobs, and their wages low. Undeniable.
Your last paragraph applies to any work market Think of the big US companies no unions very limited employment rights
Its capitalism the majority of people want a good product for next to nothing No matter how that product is produced
You don't ask the price of anything if your rich because you can afford it anyway
 
Agree with much of that MrT.

The austerity thing, not so much. Browns appalling policies after the crash pushed borrowing through the roof, Cameron continued that and 'austerity' was the result. Not that there was much austerity, public spending increased year on year.
Browns policy is no different from the present government policy regarding covid
We haven't even felt the cost of this yet let alone got over the austerity measures that we've had to suffer especially the public sector who it seems always have to bear the cost of it
 
Say the world goes tits up. How do you access your silver investments, to buy a loaf of bread or pint of milk? Will there be anything in the shops?
 
Which is what I thought.

But say things were really, really bad. Then those precious metals mean nothing. You'd have to survive to collect the windfall.

I don't think things will get that bad, but if I did believe they would then I'd be looking at stockpiling; rather than relying on some metal that someone else has access to.
 
Which is what I thought.

But say things were really, really bad. Then those precious metals mean nothing. You'd have to survive to collect the windfall.

I don't think things will get that bad, but if I did believe they would then I'd be looking at stockpiling; rather than relying on some metal that someone else has access to.
No one else, apart from my wife, has access to my metal. It is 'physical'.

It is a a long term 'hedge' against banking or the collapse of specific currencies. It does assume that some form of financial system will survive in which case gold will remain valuable, paper money, not so much.
 
I can only see the survival of some form of financial system. There can be no other outcome.

Buying precious metals low and selling them high for a profit, is the best outcome from any coming financial crisis.
 
Back
Top