To feel panic stricken about Brexit?

[northernlights0710]

I actually feel sick at the thought that it is only 39 days to Brexit, with no deal in place and a cliff-edge exit looming fast, the EU refusing to budge on concessions (as well they might), the Irish border problem unresolved, tens of thousands signing up to Nigel Farage's Brexit party and the Tories and Labour in crisis?

How did something that started out as a row within a faction of the Tory party come to this, a constitutional crisis? It feels like Armageddon.

Those who work in importing food and medicines are deeply concerned about no deal.
that is because they understand the systems.
at present we do have trade agreements -as part of the eu- with most of the world.
we are leaving those without new ones.

'quite easily'? - you havent understood what no deal means.

I'm not saying necessarily a cracking deal, but definitely a better deal. How could you think otherwise

there is no better deal than the one we had. well done you for fucking the economy- you voted for job losses- own it.

SPARKS - to date the government has only managed to negotiate 4 bilateral trade deals ( Switzerland, Chile, Faeroes and Zimbabwe). They only have another 65 to go to reinstate the trade deals we already have alongside our EU membership. In the last week China has cancelled trade talks due to the bellicose speech by Rt Hon Williamson and Japan nearly cancelled talks due to the high handed language used by Rt Hon member Hunt and Davies.

So there will be significant supply side shocks which have not been negotiated away despite us being assured that they would be in place if we voted for Brexit..... because it was the EU that was preventing us doing Easy Deals. Except it appears that our negotiating teams have been unable to secure meetings with the other countries let alone functioning and signed up deals.

We import things from those third countries as a member of the E.U. if we no Deal, any arrangements we had STOP and are INVALID, unless and until we scrabble together temporary arrangements e.g like the 4 we have done, and then move on to specific deals. Which are likely to be worse than the ones we already have because we will be desperate. And negotiation from a position of desperation doesn't give you much to bargain with. Yes we are a nice big market. Of consumers who can't afford to buy anything because our economy just got hit.

God, don’t be such drama queens. Nothing will change.

I don’t think about it. I’m sure life will go on.

@Ringdonna nothing will change unless you work for Honda, or Nissan or ?

I'm not a drama queen. I'm a prepper. A general prepper, that is. And Brexit is just another thing. Like heavy snow, ill health or unemployment. I've been advising people who aren't Preppers to take some low key affordable steps to build a three day buffer into their home supplies. The closer we get, the harder it is to do it incrementally with your general shop.
Doesn't mean it's going to be lovely.

"The expected closure of the Honda plant in Swindon is nothing to do with Brexit, according to the local MP.
Justin Tomlinson, the Tory MP for North Swindon, said the company had been "crystal clear" the decision was nothing to do with the UK's planned exit from the EU on 29 March"

Honda isn't moving the plant to elsewhere in the EU. Production's going back to Japan. A planet in Turkey is also closing.

The EU - Japan trade deal has facilitated this actually so you could say we've been stitched up by the EU (whether we leave or remain).

I never thought of myself as a prepper, but I probably am one too. And yes, a general prepper. My late H put it best: It's better to have it and not need it than to need it and not have it

It was meant to close in 2022.

Moving to Japan so they can continue to trade tariff free with the EU. Nothing to do with Brexit though.

MP who voted Brexit says job losses have nothing to do with Brexit.

The Japanese never wanted Brexit. Why would they want to stay in the UK now? The whole point of them being here was for frictionless trade.

Well done, Brexitteers. When are you going to get it?

The problem is helmetbymidnight that brexiters will never get it even when their lives are adversely affected it will be someone else's fault.

Brexiteers will never get it or take responsibility.
I'm insulin dependent so very worried 😞

The Japanese never wanted Brexit. Why would they want to stay in the UK now? The whole point of them being here was for frictionless trade.

So why are they also closing the plant in Turkey and not moving either to an EU Country?

All pile on - anyone who voted leave is scum.....here we go.

I think that it is highly unlikely to be a disaster. It is in no one's interest for us to fall out of the EU without a deal. Although no deal will initially hurt us more than the EU, we have far more adjustment mechanisms available in the case of crisis than the EU countries do, and they know it.

It is brinkmanship and, as expected, it is going to go to the brink. Of course, there is always the tiny chance that we go over the brink and things are bad for a while.

The financial markets which, in theory at least, price in all expected risks, have not hit FTSE or GBP recently, in fact they have both been quite strong. They may have got it wrong but they are betting real money on it, not just sound bites.

ach no, come on everyone, we must pretend that nissan and honda have nothing to do with brexit.

brexiteers dont like it.

anyone who voted leave is scum

Who said that?

Thanks badly, adding a Porsche to my stockpile

Nothing at all …. nothing to do with the tariff free trade Japan has with the EU. Nothing. And Turkey plant closing - they aren't in the EU and don't have tariff free trade, just like we will be.

Of course it is nothing to do with Brexit, sorry that might have been implied. So sorry for implying that the mess we are currently looking at has anything to do with people who voted for Brexit. I understand that it is difficult to feel as if the current chaos has anything to do with a decision you made to vote for Brexit and I would want you to feel as if you are in anyway to blame. Please accept my very sincere apologies that you feel bad.

"we have far more adjustment mechanisms available in the case of crisis than the EU countries do, and they know it. "
I think you'll find that's not the case. Unless you are Ireland. Who are in the E.U. . With 26 of their mates.

Bellini,

Can Italy lower its interest rate? Can it quantitatively ease (and, this, also devalue)? Could Italy dramatically lower corporate tax rates?

When you state ‘that is not the case’, did you mean something specific?

I’m panicking about global warming and the decline in forests/insects/climate change.

That is what we should be panicking about