Anyone putting any plans in place in case we leave?

[ThroughThickAndThin01]

I've just checked the EU referendum current polls and it's looking very close at the moment.

I wondered if anyone is putting plans on hold, or will change any plans they have if we leave?

Personally, I am wracking my brains to think of anything which will directly affect me. Although I wonder if there will economical turmoil and whether to plan for an interest rate rise (our very high mortgage). Which will in turn affect Dhs business.

If we remain, I'd imagine it's just business as usual.

Anyone have any thoughts?

Clara the uncertainty is the problem, there has been no negotiations about what would happen, so it will take at least two years to renegotiate trading terms.

97% of the currency transactions are speculative (people buying currency because they are betting it will increase against other currencies rather than because they need, for example, to have dollars to pay for goods). Uncertainty puts these speculators off betting on sterling, so it will fall against other currencies.

Already sterling has fallen from being able to buy 1.6 dollars to 1.4 dollars, this will reduce further if we vote out and remain low until we have certainty again.

springing, you really are a total dimwit

Play nicely Buttered. We're not on AIBU now, where MNHQ tell me that different rues apply .

Nice people might read this thread and think that REMAIN supporters are nasty to other posters.

You wouldn't want that would you?

I agree with buttered.

Already sterling has fallen from being able to buy 1.6 dollars to 1.4 dollars,

this will reduce further if we vote out and remain low until we have certainty again.

^^ Unsubstantiated Project Fear ^^^

Just ignore.

I agree with buttered.

I am shocked [shocked]

"Read about the Y2K bug.

Nothing happened."

That's one of the funniest things I've heard in 16 years.

Vast efforts were made to update, or replace, or scrap, vast numbers of computer systems. Without that work, many would have become inoperable or given faulty or unreliable results. The fact that most things worked fairly well was not because there was no problem. It was because the problems were mostly identified and corrected in the preceding ten years.

To whom are you exporting? The EU take over 50% of our exports, the euro will crash alongside sterling, remember that this will also create uncertainty in the eurozone. it's the dollar which will come out on top, and all the Far East countries that peg to the dollar.

Lower £ (if it happens) = cheaper exports.

Yet any student of A level economics will tell you that this depends on the Marshall Learner condition, and the impact on the economy depends on the J curve.

Also "Unsubstantiated Project Fear guess"

No, fairly well predicted economic data by the Treasury, BOE, HSBC, UCL, LSE, Lloyds TSB.

Brexit economic predictions are based upon fantasy, no actual data has been come up with.

Sprinting please educate yourself, read something about the currency markets, it's not unsubstantiated, there are many, many forecasts out there, all of which show a huge downturn if we vote out.

The evidence is there, and historically, whenever there is uncertainty in an economy that currency suffers.

The only fact we really know about brexit is that an out vote increases uncertainty in our economy for at least an additional two years.

I'm afraid Springing is a lost cause. She has no interest in educating herself. I tried very hard in two separate threads which both eventually got cut off when they got to 1000 posts.

It seems to me that lots of people are going to vote to leave without having a clue as to the reasons why they want out, just because.
I don't think I'd like to live in the UK if the country left the EU, it'd be a pain. I am a EU citizen married to a British citizen. My DD has dual nationality. My husband is keen for the UK to leave the EU despite the fact that he is married to me and he has lived and worked in 3 different EU countries, taking advantage of the freedom of movement of workers principle!!!
If the UK leaves the EU I will definitely consider leaving the UK, I would be subject to immigration control and this would reduce my quality of life. I wouldn't like a non European Britain, if you know what I mean.
P.s. it's the things that we take for granted everyday that will change once the UK leaves the EU, ie you may want to stock up on nice French and Italian wine now...

Nigel Farrage is also married to a European woman.

Vast efforts were made to update, or replace, or scrap, vast numbers of computer systems. Without that work, many would have become inoperable or given faulty or unreliable results. The fact that most things worked fairly well was not because there was no problem. It was because the problems were mostly identified and corrected in the preceding ten years.

I worked in IT in a global organisation with multiple platform running a myriad of operating systems and with code written in multiple languages, in those "preceding ten years (and more)". The assumption was that legacy computer systems would be replaced long before the millennium.

Once the problem was identified the actual fix took about 30 minutes one afternoon.
Our global organisation only had one failure - due to the incompetence of a programmer to correctly apply the patch.

The only fact we really know about brexit is that an out vote increases uncertainty in our economy for at least an additional two years.

Yes. I agree.

The rest of the predictions are speculation;

I'm afraid Springing is a lost cause. She has no interest in educating herself. I tried very hard in two separate threads which both eventually got cut off when they got to 1000 posts

Aw. We can carry on here. But if you start playing nasty .........

Nice people might read this thread and think that REMAIN supporters are nasty to other posters.

Quite...

You mean I can carry on wasting my time? Why, how kind of you.

P.s. it's the things that we take for granted everyday that will change once the UK leaves the EU, ie you may want to stock up on nice French and Italian wine now..

Thanks, but there are other countries I can buy my wine from thanks. Especially as we have been told there will be no more booze cruises if we brexit

But we can go on what has been said by governments of other countries about trade deals that we will be able to negotiate.

We will be worse off, and the back of the fag packet economics of the Brexit camp will drag us there.

You mean I can carry on wasting my time? Why, how kind of you

Look at it as an opportunity to learn from the master

By looking at the past we can accurately estimate the impact of that uncertainty on the economy.

Uncertainty is the one thing we can all agree on, and we know the likely impact of uncertainty.

Not sure why this concept is confusing people.

If we leave, I believe that things will get a lot worse for those in society who need the most help. I will be preparing for the suicides of several friends.

We will be worse off, and the back of the fag packet economics of the Brexit camp will drag us there.

^^ More unsubstantiated Project fear^^^

Just ignore.

Anyway - welcome TeamLurked

Springing, in the other thread I made a fairly valiant effort to share some of the knowledge of EU law I have acquired through doing a masters degree in the subject. You dismissed it as rubbish.

You, I'm afraid, are the master of nothing but talking complete twaddle.

And I have to get up for work in the morning.

Night.