Beginning to panic about skyrocketing inflation as a result of a no deal Brexit...

[ManagingLife]

I appreciate this has been done to death on here, judging by the amount of threads on MN about Brexit.

However, I scroll past these threads as I was very much undecided with the vote, though went with remain in the end, and had a degree of faith in the powers that be regardless. That feeling has now turned to utter disbelief at the state of how things are being 'run', if you can call it that at all.

Despite being a low income earner and a tenant, I am a saver and scrimper. I can't afford to cut back any further - I have goals to reach and children to feed, clothe and nurture (I am a newly single parent).

The Bank of England's most recent forecast of the immediate aftermath in the event of a no deal Brexit has left me horrified... I fear destitution is likely if a no deal happens.

Should I start bulk buying and drawing out cash, etc? Or AIBU and hysterical?!?

You are not being hysterical, the wise thing to do is prepare for shortages, civil unrest and failure of the NHS.

So what if it doesn’t happen? You can use up your stockpile. Check out the preppers area lots of great tips. Just remember the number 1 rule. NEVER tell anyone about your preparation. You will become a target for looters.

I am a Brit in the US and I am encouraging my family back home to prepare for the worst.

Thanks Scream ! Reassured to know I'm not alone in this feeling.

I think I might start putting aside a £ per week towards an emergency supply to last 6 - 12 months? Let's hope the government will do this too...

DH has a Canadian passport. I know where we are going when it all kicks off!

Make sure you stock up your cupboards too because money will be useless if there is nothing to buy.

It’s also not a bad idea to buy cigarettes and small spirit bottles to trade with

It’s project fear all over again. Like many I am still waiting for all the doom and gloom predictions from the referendum to come to fruition. That’s not to say it might not be tougher than now for a while, but look at all the predictions taking place over the last few years, lots predicted hasn’t happened.

Yes be prepared by stock piling if that’s what you want to do but let’s remain a bit positive

screamanger

The most stupidest post ever

Crispmonster123

Why? Who knows what will happen, maybe nothing will happen, perhaps this is the end of the UK as we know it. Hope for the best, plan for the worst

Why should people 'remain positive' about this? It looks a shower of shit!

I am stocking up on food (well, restocking after running down the supplies after March Brexit didnt happen) as I wouldn't be surprised if there's a short to medium term food shortage and people will start panic buying so doing that now is sensible.

I dont think it's going to go as far as private houses being looted for supplies or needing to trade for food with cigarettes

I mean, 1.21/1USD, but let's 'be positive'. Why be an ostrich?

What can we do to protect savings? Draw money out and keep it under mattress?

NEVER tell anyone about your preparation. You will become a target for looters.

Amazing.

As a British non UK resident who pays out on things in the UK (subscriptions etc on things) using Euros via my EU bank account, I have already this month seen how much less I am paying for stuff via exchange rate. I am quids in (literally) not being in the UK. I have booked a holiday to the UK post Brexit because I can and because it's all tanking. My salary has rocketed this month in comparison to what I'd be earning in the UK (I check regularly). Run! Leave!

You are sadly very reasonable.

I've started skipping breakfast as a money saver. It's noticeably made a small dent in the food bill. Resumed stockpiling this week.

Fun times ahead

There's a difference between being an ostrich and scare mongering. While it may be bad I certainly won't be buying cigarettes ot trade with, I'd rather save my money!

I've just had my rabbits neutered, so I've cut off a very reliable food source.

I lived through the 80's poverty in Liverpool, so i know I'll cope. We're bracing ourselves here because our cuts are going to get worse, even though we've been hardest hit. Our infrastructure is going, so are the little employment opportunities we had.

Even the Nigerians i know are jumping ship. I was talking to a Bangladesh Taxi driver, he's seriously planning on going home.

OP, i'd get Christmas sorted as soon as possible and your cupboards or bank account as healthy as you can.

I've just used the last of some of the supplies I stockpiled in March. I'll replace them before October. I don't see any harm in having enough food in to feed your family for a couple of months. It's an insurance policy that hopefully you won't need. Buy stuff you'll use anyway and you can't lose.

It’s also not a bad idea to buy cigarettes and small spirit bottles to trade with

this is gold

Back to buying bog roll....

"I think I might start putting aside a £ per week towards an emergency supply to last 6 - 12 months? Let's hope the government will do this too..."
You mean planning and organising spending wisely? You are naive

I mean, 1.21/1USD, but let's 'be positive'. Why be an ostrich?

Yeah it sucks but it's hardly at the point of needing to use 'small spirit bottles and cigarettes' as an alternative currency...

'That'll be £4.99 please love.'
'Here's 10 Marlboro Lights'
'Er no sorry love, we only take Benson and Hedges here.'

Screamanger
It’s also not a bad idea to buy cigarettes and small spirit bottles to trade with

Comedy gold.

I'm going to cancel all my direct debits and in future will be paying with packets of fags and bottles of booze. I'm sure the staff will be understanding when their salaries don't get paid. Let's hope they get their favourite brands.

Do you have the faintest idea how batshit this is?

I was working for the civil service before the March deadline. My department was asked to volunteer for Brexit preparations. Having heard the "call up" talk and then hearing about what people where being asked to do, I have absolutely no faith whatsoever that the government has this no - deal situation under control. They were recruiting people specifically to ensure access to food and medicines. It was proper panic stations and all pretty shambolic. Lots of the secondments didn't seem to be working particularly well (unsurprisingly, as people were being transferred from one department to another and then being asked to work on developing policy or operations with almost no experience in that area) and I know many people went back to their original jobs before the whole operation was called off in May /June. I've run down my stockpile, but I'll be starting stocking up again soon.

@Chloemol lots of what was predicted hasn’t happened yet because brexit hasn’t happened yet. And a lot of what was predicted to happen in the interim HAS happened - massive devaluation of stirling, car manufacturing leaving, banking sector leaving, huge lack of inward investment in business and property.

Hmm love the idea of buying cigarettes to trade with. Got to be one of the maddest things I've heard on MN.

Fill your cupboards with cigarettes at over £10 for every packet of twenty and then flog them for a couple of rotten potatoes and half a carrot when we're all on the verge of starvation.

Okay, sounds like a plan.

Disclaimer: I don't actually think we're all going to end up on the verge of starvation, bit hungry maybe - eyes up dog.