So Brexit seems to be a good thing then.
Thread Starter
Scooby Regular
iTrader: (7)
Joined: Dec 2007
Posts: 13,624
Likes: 7
From: Living the dream
A lot of countries require you to give up your British passport and citizenship to become a citizen of their country, Germany, Holland and Croatia do at least, so no dual nationality, you can have it in Croatia if you or your parents were born there, I think I may be able to get it if I have a child with a Croatian woman (or a Passport at least), which would then entitle me to vote, but I think my wife might have something to say about that.
A lot of countries require you to give up your British passport and citizenship to become a citizen of their country, Germany, Holland and Croatia do at least, so no dual nationality, you can have it in Croatia if you or your parents were born there, I think I may be able to get it if I have a child with a Croatian woman (or a Passport at least), which would then entitle me to vote, but I think my wife might have something to say about that.
Thread Starter
Scooby Regular
iTrader: (7)
Joined: Dec 2007
Posts: 13,624
Likes: 7
From: Living the dream
Originally Posted by PMQs
SNP's Callum McCaig cites weak performance of the pound and £33bn trade deficit, asking: "Does she really believe the UK can afford to be an independent country?"
Theresa May tells him "if he wants to talk numbers" unemployment is at a record low.
Theresa May tells him "if he wants to talk numbers" unemployment is at a record low.


A lot of countries require you to give up your British passport and citizenship to become a citizen of their country, Germany, Holland and Croatia do at least, so no dual nationality, you can have it in Croatia if you or your parents were born there, I think I may be able to get it if I have a child with a Croatian woman (or a Passport at least), which would then entitle me to vote, but I think my wife might have something to say about that.
In Germany at least, dual nationality is not permitted with non EU member states except for children who may hold dual (multiple) nationality upto their 18th birthday, at which point they have to choose to be only German or give up their German nationality.
The problem for us, is we can currently take dual nationality, but post Brexit, we may have to forfeit our British nationality unless Germany (or other countries that don't allow dual nationality) makes an exception or some other EU wide deal is made on this issue.
The Dutch government did a fantastic job of hyping the possibility of Gert winning, that would have brought out more voters. ****ing shame our government just sat there with a smug grin.
As Roy Walker might say:
"Fiaaave seconds, here we go..."
Theresa May Will Trigger Britain's Exit From The European Union On 29 March - BuzzFeed UK
https://apple.news/AezqZkQUyR1mJyZUK3YhQzw
"Fiaaave seconds, here we go..."
Theresa May Will Trigger Britain's Exit From The European Union On 29 March - BuzzFeed UK
https://apple.news/AezqZkQUyR1mJyZUK3YhQzw
Last edited by joz8968; Mar 20, 2017 at 05:05 PM.
Thread Starter
Scooby Regular
iTrader: (7)
Joined: Dec 2007
Posts: 13,624
Likes: 7
From: Living the dream
It's a bit of a 'No $h!t Sherlock' statement... but I have a real feeling like there's something else going on here... she's just too determined to go through with it... coupled with the disappearing act pulled by all the protagonists and Cameron the 'enabler'... I smell a rat.
So, brace yourselves folks, Brexit is about to get real now!
Inflation is up to 2.3% and climbing. Hope you're all getting a good pay rise this year!
First it was Marmite, now its Beer that's going up!
This is the reality of a weak currency in a country that is a net importer! Sure, there is initially an export benefit, but once import stocks start to run low, yearly supply contracts are re-negotiated and companies can no longer afford to hold consumer prices by cutting profits, the result is price rises and high inflation!
If wages don't rise at the same or higher rate than inflation, that means the consumer gets squeezed and consumer spending will fall driving the country into recession. On the other hand, if wages do rise, then the cost of exports will also rise, making us less attractive to other countries to buy from despite the weak currency and in a post Brexit world where we're trading alone on the world market, we need to be cheap, not more expensive!
When article 50 is invoked next week, the Pound is likely to take another big hit. If you're planning any big purchases, do it now because stuff isn't going to get any cheaper! The honeymoon is truly over folks!
Inflation is up to 2.3% and climbing. Hope you're all getting a good pay rise this year!
First it was Marmite, now its Beer that's going up!
This is the reality of a weak currency in a country that is a net importer! Sure, there is initially an export benefit, but once import stocks start to run low, yearly supply contracts are re-negotiated and companies can no longer afford to hold consumer prices by cutting profits, the result is price rises and high inflation!
If wages don't rise at the same or higher rate than inflation, that means the consumer gets squeezed and consumer spending will fall driving the country into recession. On the other hand, if wages do rise, then the cost of exports will also rise, making us less attractive to other countries to buy from despite the weak currency and in a post Brexit world where we're trading alone on the world market, we need to be cheap, not more expensive!
When article 50 is invoked next week, the Pound is likely to take another big hit. If you're planning any big purchases, do it now because stuff isn't going to get any cheaper! The honeymoon is truly over folks!
So, brace yourselves folks, Brexit is about to get real now!
Inflation is up to 2.3% and climbing. Hope you're all getting a good pay rise this year!
First it was Marmite, now its Beer that's going up!
This is the reality of a weak currency in a country that is a net importer! Sure, there is initially an export benefit, but once import stocks start to run low, yearly supply contracts are re-negotiated and companies can no longer afford to hold consumer prices by cutting profits, the result is price rises and high inflation!
If wages don't rise at the same or higher rate than inflation, that means the consumer gets squeezed and consumer spending will fall driving the country into recession. On the other hand, if wages do rise, then the cost of exports will also rise, making us less attractive to other countries to buy from despite the weak currency and in a post Brexit world where we're trading alone on the world market, we need to be cheap, not more expensive!
When article 50 is invoked next week, the Pound is likely to take another big hit. If you're planning any big purchases, do it now because stuff isn't going to get any cheaper! The honeymoon is truly over folks!
Inflation is up to 2.3% and climbing. Hope you're all getting a good pay rise this year!
First it was Marmite, now its Beer that's going up!
This is the reality of a weak currency in a country that is a net importer! Sure, there is initially an export benefit, but once import stocks start to run low, yearly supply contracts are re-negotiated and companies can no longer afford to hold consumer prices by cutting profits, the result is price rises and high inflation!
If wages don't rise at the same or higher rate than inflation, that means the consumer gets squeezed and consumer spending will fall driving the country into recession. On the other hand, if wages do rise, then the cost of exports will also rise, making us less attractive to other countries to buy from despite the weak currency and in a post Brexit world where we're trading alone on the world market, we need to be cheap, not more expensive!
When article 50 is invoked next week, the Pound is likely to take another big hit. If you're planning any big purchases, do it now because stuff isn't going to get any cheaper! The honeymoon is truly over folks!

and back to the real world, its nearer the BOE's own target now than it has been for ooo, years. It's such a bad situation that the pound went up 1% on the news of it,,,,,,,,
Scooby Regular
iTrader: (1)
Joined: Aug 2004
Posts: 6,296
Likes: 118
From: Api 500+bhp MD321T @91dB Probably SN's longest owner of an Impreza Turbo
And Germany's inflation has gone from -0.1 to 2.2% in just one year!!!!!
Shock horror EU inflation has gone from -0.1 to 2.2% and is predicted to go even higher.
The end is nigh for all those who live in Europe
Shock horror EU inflation has gone from -0.1 to 2.2% and is predicted to go even higher.
The end is nigh for all those who live in Europe
you wont convince the doom and gloomers chap, the end is nigh for the UK. All i'll say is thank **** we didn't have that attitude in the 40's or we would all be talking german by now.
As for the Pound, a mingy 1% rise is nothing compared to the 20% its lost since the Brexit vote! Oh, and on the day of the announcement, there was a 1% spike at the time of the announcement, but by the end of the day the rate had fallen!
But you keep your head in the sand and everything will be ok
ooo, years??? The current target of 2% was only set last year! Its been just 2 years since inflation was last above 2% and three years since it was at the previous target of 2.5%! Technically, the previous figure of 1.8% was closer to the target than the current figure, but the figures are not the big problem, its the current rate of change coupled with the lack of real increase to salaries!
As for the Pound, a mingy 1% rise is nothing compared to the 20% its lost since the Brexit vote! Oh, and on the day of the announcement, there was a 1% spike at the time of the announcement, but by the end of the day the rate had fallen!
But you keep your head in the sand and everything will be ok
As for the Pound, a mingy 1% rise is nothing compared to the 20% its lost since the Brexit vote! Oh, and on the day of the announcement, there was a 1% spike at the time of the announcement, but by the end of the day the rate had fallen!
But you keep your head in the sand and everything will be ok

And I'm not sure where you got the rate had dropped? it closed 1.02% up against the dollar.
Scooby Regular
iTrader: (1)
Joined: Aug 2004
Posts: 6,296
Likes: 118
From: Api 500+bhp MD321T @91dB Probably SN's longest owner of an Impreza Turbo
And in Germany inflation 3 years ago was around 2%. Are we/you seeing a pattern here, global economic peak and trough fluctuations. Don't think the UK is the only country where base economic indicators fluctuate. To blame it all on Brexit is laughable.

Joined: Nov 2003
Posts: 13,356
Likes: 58
From: in the woods...........555 Wagon Sqn
blah, blah, blah...why was it bad being part of the EU and what benefits do you believe the UK (or maybe only England) will gain from leaving the EU?
Serious question
The inflation in the EU is being driven by improving economic growth across the EU, in particular Spain and Italy and showing good signs of growth. The inflation in the UK is being driven by currency devaluation. With economic growth, salaries will generally also rise above inflation as companies have more money. With currency devaluation, salaries generally rise below inflation as companies have less money. You also have to factor in imports vs exports and currency devaluation is more advantageous if you're a net exporter (Germany is the #2 net exporter in the world), but the UK is a net importer (#2 largest trade deficit in the world), so there is little advantage to a weak currency in the UK.
Personally, my salary in Germany is increasing by 3.5% in April, well above the German inflation level, never mind the harmonised EU level!
Joined: Nov 2003
Posts: 13,356
Likes: 58
From: in the woods...........555 Wagon Sqn
So EU inflation or German inflation? Make your mind up? The harmonised EU inflation rate has actually dropped to 1.8% from 2% this month! The rate has been rising steadily over the past year although accelerated in November to January but has since eased back. In Germany the picture is the same, but the big increase was only for November to December with rates slowing since then. Inflation in the UK was more or less stagnant until July last year when it slowly started to increase and since November the rate has increased rapidly and is not easing off.
The inflation in the EU is being driven by improving economic growth across the EU, in particular Spain and Italy and showing good signs of growth. The inflation in the UK is being driven by currency devaluation. With economic growth, salaries will generally also rise above inflation as companies have more money. With currency devaluation, salaries generally rise below inflation as companies have less money. You also have to factor in imports vs exports and currency devaluation is more advantageous if you're a net exporter (Germany is the #2 net exporter in the world), but the UK is a net importer (#2 largest trade deficit in the world), so there is little advantage to a weak currency in the UK.
Personally, my salary in Germany is increasing by 3.5% in April, well above the German inflation level, never mind the harmonised EU level!
The inflation in the EU is being driven by improving economic growth across the EU, in particular Spain and Italy and showing good signs of growth. The inflation in the UK is being driven by currency devaluation. With economic growth, salaries will generally also rise above inflation as companies have more money. With currency devaluation, salaries generally rise below inflation as companies have less money. You also have to factor in imports vs exports and currency devaluation is more advantageous if you're a net exporter (Germany is the #2 net exporter in the world), but the UK is a net importer (#2 largest trade deficit in the world), so there is little advantage to a weak currency in the UK.
Personally, my salary in Germany is increasing by 3.5% in April, well above the German inflation level, never mind the harmonised EU level!
Don't let fact get in the way of delusional Brexiters good news...sheesh, have you learnt nothing

Scooby Regular
iTrader: (1)
Joined: Aug 2004
Posts: 6,296
Likes: 118
From: Api 500+bhp MD321T @91dB Probably SN's longest owner of an Impreza Turbo
In the same period as you were wittering on about in the UK inflation in Germany has risen from minus 0.1 to 2.2.. roughly the same as UK, roughly the same as the USA. Global economics are at work.
Your pay rise isn't as great as it might seem eaten into by inflation.
Don't try and post doom and gloom for the UK when huge portions of world are interlinked financially.
Your pay rise isn't as great as it might seem eaten into by inflation.
Don't try and post doom and gloom for the UK when huge portions of world are interlinked financially.
The laughable thing is even when they have control of immigration, the door will still be wide open because British people don't want to do the ****ty jobs. We still have a shortage of NHS workers, a shortage of people to work in the fields, a shortages of skilled tradesmen, a shortage of cleaners, restaurant workers etc. Except now those cheap workers from Poland, Romania and Lithuania will be even cheaper workers from the Middle East and Asia
In the same period as you were wittering on about in the UK inflation in Germany has risen from minus 0.1 to 2.2.. roughly the same as UK, roughly the same as the USA. Global economics are at work.
Your pay rise isn't as great as it might seem eaten into by inflation.
Don't try and post doom and gloom for the UK when huge portions of world are interlinked financially.
Your pay rise isn't as great as it might seem eaten into by inflation.
Don't try and post doom and gloom for the UK when huge portions of world are interlinked financially.
The poor and small businesses, maybe less so, but who cares!As I've said before, I'll do alright out of Brexit because I'm in a position to do so! You can call me a doom and gloom merchant if that makes you happy, it doesn't bother me at all, but I do feel sorry for the people who will suffer because of Brexit and who aren't in the fortunate position to benefit from it!
There will be winners and losers, but as I see, there will be much more losers than winners!
I just hope your naive positivity works as well for you as my doom and gloom is working for me!
So, brace yourselves folks, Brexit is about to get real now!
Inflation is up to 2.3% and climbing. Hope you're all getting a good pay rise this year!
First it was Marmite, now its Beer that's going up!
This is the reality of a weak currency in a country that is a net importer! Sure, there is initially an export benefit, but once import stocks start to run low, yearly supply contracts are re-negotiated and companies can no longer afford to hold consumer prices by cutting profits, the result is price rises and high inflation!
If wages don't rise at the same or higher rate than inflation, that means the consumer gets squeezed and consumer spending will fall driving the country into recession. On the other hand, if wages do rise, then the cost of exports will also rise, making us less attractive to other countries to buy from despite the weak currency and in a post Brexit world where we're trading alone on the world market, we need to be cheap, not more expensive!
When article 50 is invoked next week, the Pound is likely to take another big hit. If you're planning any big purchases, do it now because stuff isn't going to get any cheaper! The honeymoon is truly over folks!
Inflation is up to 2.3% and climbing. Hope you're all getting a good pay rise this year!
First it was Marmite, now its Beer that's going up!
This is the reality of a weak currency in a country that is a net importer! Sure, there is initially an export benefit, but once import stocks start to run low, yearly supply contracts are re-negotiated and companies can no longer afford to hold consumer prices by cutting profits, the result is price rises and high inflation!
If wages don't rise at the same or higher rate than inflation, that means the consumer gets squeezed and consumer spending will fall driving the country into recession. On the other hand, if wages do rise, then the cost of exports will also rise, making us less attractive to other countries to buy from despite the weak currency and in a post Brexit world where we're trading alone on the world market, we need to be cheap, not more expensive!
When article 50 is invoked next week, the Pound is likely to take another big hit. If you're planning any big purchases, do it now because stuff isn't going to get any cheaper! The honeymoon is truly over folks!

The referendum has taken place, Article 50 is going to be triggered, the UK is going to leave the EU, and we'll adapt and survive, just like we have when faced with other political and economic challenges in the past.
Seriously, get over it!
So, brace yourselves folks, Brexit is about to get real now!
Inflation is up to 2.3% and climbing. Hope you're all getting a good pay rise this year!
First it was Marmite, now its Beer that's going up!
This is the reality of a weak currency in a country that is a net importer! Sure, there is initially an export benefit, but once import stocks start to run low, yearly supply contracts are re-negotiated and companies can no longer afford to hold consumer prices by cutting profits, the result is price rises and high inflation!
If wages don't rise at the same or higher rate than inflation, that means the consumer gets squeezed and consumer spending will fall driving the country into recession. On the other hand, if wages do rise, then the cost of exports will also rise, making us less attractive to other countries to buy from despite the weak currency and in a post Brexit world where we're trading alone on the world market, we need to be cheap, not more expensive!
When article 50 is invoked next week, the Pound is likely to take another big hit. If you're planning any big purchases, do it now because stuff isn't going to get any cheaper! The honeymoon is truly over folks!
Inflation is up to 2.3% and climbing. Hope you're all getting a good pay rise this year!
First it was Marmite, now its Beer that's going up!
This is the reality of a weak currency in a country that is a net importer! Sure, there is initially an export benefit, but once import stocks start to run low, yearly supply contracts are re-negotiated and companies can no longer afford to hold consumer prices by cutting profits, the result is price rises and high inflation!
If wages don't rise at the same or higher rate than inflation, that means the consumer gets squeezed and consumer spending will fall driving the country into recession. On the other hand, if wages do rise, then the cost of exports will also rise, making us less attractive to other countries to buy from despite the weak currency and in a post Brexit world where we're trading alone on the world market, we need to be cheap, not more expensive!
When article 50 is invoked next week, the Pound is likely to take another big hit. If you're planning any big purchases, do it now because stuff isn't going to get any cheaper! The honeymoon is truly over folks!

I'm assuming you're a uni or college student and you've still not come out of your 'safe space' since the referendum vote?! "My team didn't win - change the result or I'm just going to sit here with my arms crossed looking at the ground" 
Most 'remain' voters I know are just getting on with it and aren't like "it's raining outside, that's brexit for you
" etc etcBased on your post you have absolutely no financial understanding - how about leaving your safe space and reading about the national debt, thinking of how that can be reduced and what some inflation might do for that, what it might do for consumer spending, what globalisation does to jobs and wages and why western countries are attempting to weaken their currencies.
Last edited by Petem95; Mar 22, 2017 at 06:58 PM.









