Brexit - The Ultimate Smokescreen

[C0ll4p53]

Some of you may already be aware of this, but reading through these threads I have a feeling that most do not.

First of all, do your own research.

Forget Economist, Financial Times etc. They represent the very people who put this smokescreen in front of you.

The reality, in short, is that this country will collapse. It is a mathematical certainly, we have unsustainable debt and our population itself is unsustainable. This has been 100 years in the making, not a year or two since Brexit.

Britain has been getting poorer in terms of GDP since 1900. Inflation has continued to increase and we are approaching hype-inflation. This is a result of ending the gold standard and essentially ending the very definition of money. What we have now is debt, not money in its conventional form. When money is backed by gold and silver, there is a worth to it. When it is backed by thin air and printed in the trillions, there is no worth to it. It is simply used to keep a country above water by buying up debt.

A third world war is also a huge possibility, we are pretty much at the same place now as we were prior to WW1 and not just economically. Propaganda against Germany then - today propaganda against Russia.

Remember though, war is profitable and in every conflict since Human history has been able to be documented, groups of people have profited from war - usually the same ones that engineered it.

The collapse of Britain will also signal the collapse of Europe, America and emerging markets. This will be chaos like none of us have experienced in our lifetimes. A necessary chaos though for a system reset.

Stop stressing over Brexit, Brexit is the scapegoat, the necessary evil for the economic collapse. However, collapse is inevitable, so prepare yourselves now and remember, if you don't hold it, you don't own it.

Good luck

AmIUnderstandingThisCorrectly - I've had informal conversations with people in high positions in the city and they are most certainly aware of a "situation" occurring in the next 12 months that will "compromise the position of a considerable many." What you have to understand though is these guys, just like last time, many know how to play the game. No matter what happens, there will be many at the top who will profit greatly!

1tisILeClerc - Of course people find a way, the Great Depression saw the collapse of many millions of lives, but people always find a way. History is filled with war, destruction, poverty, famine, disease etc and still people find a way. Ukraine was starved by Stalin, but the Ukrainians got through it, the French were almost wiped out by the Romans, France is still here and so too the French people. There will always be a way for those that will adapt.

cloudtree - I was speaking of my position when previous recessions have hit. I have liquidated all but my precious metals. There was a popular slogan in a global corp. where I did some consultancy work years back - if you don't hold it, you don't own it. Keep that in mind when prepping.

You predicted a total collapse of this country and a 3rd WW... that's not a recession!
Your Gold and Silver will be taking from you, your family slaughtered & your daughters sold as slaves in any collapse of western civilisation, you are too old to stop the the mobs marauding through the land!

Also, there is also no such thing as the "french people", they like all other countries are made up of waves of migration/invasion, principally Franks from Germany/Holland, Norseman settled in Normandy and so on.....i believe the name France came about approx 1000 years ago, long after the Romans vanished from history.

I think you are talking a load of scare mongering cr$p.

Some people survived Stalin's purges, as some Jews survived Hitler, but very many did not. So they had a fat chance of adapting, being dead. No one in their right mind wants war or severe recession.

Is that you Gordon?

jasjas1973 -

"You predicted a total collapse of this country and a 3rd WW... that's not a recession!"

I think you have misread, I am not predicting another recession, I was talking of previous recessions so I am unsure why this is relevant. I am predicting a collapse of the pound and hyperinflation, essentially a collapse of this country as we know it...

"Your Gold and Silver will be taking from you"
Again, if you don't hold it then you don't own it. What evidence do you have that my gold and my silver will be taken from me and by who and how?

"your family slaughtered & your daughters sold as slaves in any collapse of western civilisation, "

If Western civilisation collapses, there will be nobody around to enslave anyone else. Again, I have not stated the collapse of Western civilisation, I have stated the collapse of the monetary system. Please provide evidence of how and by whom by family will be slaughtered by and my daughters, if I had them, enslaved by.

"you are too old to stop the the mobs marauding through the land!"

You are assuming my age now? You also assuming that I am in no position to defend my "land" and that marauding mobs will be allowed to roam freely killing and stealing at will. Lots of assumptions, but good to prepare for such an eventuality.

"Also, there is also no such thing as the "french people", they like all other countries are made up of waves of migration/invasion, principally Franks from Germany/Holland, Norseman settled in Normandy and so on..."
Wow, the liberal revisionist history has done a number on you...First of all there is such a thing as French people, what a bizarre thing to say. Secondly, From Picardie to Provence, the French are mainly the descendants of the Gauls, as you state an ancient Celtic tribe. I recall reading that the highest concentrations of Celtic genes (Y-DNA haplogroup R1b) in France today are in Bretagne (Brittany) and in the south in Languedoc. yes Franks have their claim clearly as they dominated over all other tribes and the name France comes from Franks, but don't forget there is a huge difference between population replacement and invasion of foreign tribe, as is often forgotten with many of the European countries including Britain.

".....i believe the name France came about approx 1000 years ago, long after the Romans vanished from history."

And this is relevant because? Are you saying that the scientific data is wrong and not one Gaul survived the Roman onslaught? Interesting.

"I think you are talking a load of scare mongering cr$p."

You haven't actually countered anything that I have said, just stated that I wont survive, my family will be slaughtered and French people are a figment of our imagination...It's been fun though

@C0ll4p53.

I think I love you.

Peregrina - Correction, all conflict is profitable to someone, every conflict as ended with someone profiting. Not one single average person like you and I and I will assume everyone on here, want war and economic collapse, but the country and the world is not run by average people.

time4chocolate - You got me! I didn't even see it coming

Sarahlou63 - Ahhh thank you, but I'm married I'm afraid...Who knows in another time, another world, another forum...

So, @C0ll4p53 -- what should we do?

@C0ll4p53 - no worries, it's cerebral, not physically

Please explain why we’re on the brink of monetary collapse and hyper inflation? Is it the debt to GDP ratio plus Brexit or is it something more subtle? Or is the prediction based on your informal conversations with colleagues in the city? Or both? A bit of explanation would help.

We have the WTO, for a start.
We also have many other countries in the EU who stand to lose as much as we would, if the 'doom and gloom' were a reality.
Think about it. Economically they can't just drop us in a cesspool of terms/conditions and restrictions, unless they are happy to take on the same. We can't let the rest of the EU enjoy free trade, without it working both ways.
Yes, there will be economic changes. I'm sure that most of Switzerland aren't crawling around in underground bunkers though.

At the moment, the crazy situation with China and their trade regulations is being considered to be far more internationally shambolic.

Until we have an actual agreement, let's not scare the shit out of everyone, eh?

What C0ll4p53 is talking about is a 'global' issue not specifically UK or even EU. Understanding the global markets and taking a wide enough view over many years is I think what C0ll4p53 is talking about.
Brexit is a 'big deal' for the UK, but much less of a deal to the rest of the EU. The UK is about one nineth in terms of population and about equivalent to France in terms of GDP, and about two thirds of Germany. So yes it will be an issue for the EU27 but mot catastrophic. Other countries, China, Russia, India are ascending and while they may not rush in to fill holiday spaces and produce purchases next year they are well placed in the following years. The UK is going to have to do a lot of 'reinventing' itself to try and attract inward investment. Having proven over the last 2 years that the Government can make a complete pigs ear of things that investment will be hard to win especially against companies in the EU who have a track record of stability and a market 9 times that of the UK.
I keep banging on about business confidence, which is hard won. Even at a basic level, if you go to a supermarket and buy something and you feel it was bad service or faulty goods, you will tend to avoid that shop and go elsewhere it it is easy to do so. The UK Gov has pissed business off in a massive way and will struggle to regain that.
With WTO deals the deal has to be reciprocal so making something really attractive and a great money spinner for the UK will be very hard as Mr Fox is discovering. With Mrs Mays dancing and announcing trade deals (not confirmed in writing) in Africa, they represent a very small fraction of what we have/had with the EU. We have abandoned the Mercedes and come out with a bicycle. The EU is not being changed massively by Brexit and it can adapt as necessary. It is the UK that is leaving the 'club'. The EU can simply say goodbye and close the door on the UK. It doesn't want to, but it won't be blackmailed.

OP would appreciate an explanation of the mechanism by which you think financial collapse and hyper-inflation would occur.

@C0ll4p53

You cannot prep for the collapse of law and order, society, potentially WW3, do you think the peoples of Syria could have prepped for ISIS ? or the Bosinian's could have stopped the slaughter in Srebrenica?
Or the Republicans in Guernica or any number of isolated internal conflicts where law and order break down?
If the UK went the way you suppose, it would take months if not years before anyone came to our rescue and the death toll would be huge, not least because refugees would have no where to go!

In any societal collapse the mob rules, be it criminal gangs or ultra religions, you nor i are unlikely to survive and your gold and silver will be meaningless.

Actually, you can make plans. I'm a prepper and nightmare scenarios are not something I ignore. I may see them as unlikely but it doesn't mean I pretend they could never happen. I focus on likely problems but consider less likely possibilities. It's not my whole life by any means - pretty miserable way to live - but it is something I consider.

Leaving aside the war scenario, the reality is that a massive financial crisis is not likely to cause "refugees" in this country trying to escape persecution. It would be more akin to the great depression, people being evicted from their homes because interest rates increase, they lose their jobs and they can't afford the payments, people struggling to provide food for their families, the cost of living generally spiralling out of control. Look to Venezuela rather than Syria.

This is actually something people can keep an eye on and be partly prepared for. Whilst I think the OP is talking extremes, I do think we are in time of massive uncertainty and getting your house in order so that if things do get difficult you can weather the storm more effectively ,is very sensible.

Having a decent stock of food provides a buffer on a very basic level. Clearly you can't build up years and years worth but it can certainly help.
You can also start now with planting food at home so that you can supplement your diet (surely good to be able to do even if crisis never comes).

You can focus on paying down debts and ensuring that you are not creating new ones. The smaller your debts, the less likely you are to be impacted by interest rates increasing.

Stark warnings all over the press atm. IMO you have to be pretty naive to ignore them. Everyone hopes they're wrong since we're on this track now and there doesn't seem to be any alternative. But I for one shall be doing everything possible to ensure that I minimise the impact on my own immediate family.

25 years ago Venezuela was largely on a par with Britain in terms of standards of life etc. Years prior to that it had been very wealthy I think with a GDP somewhere equivalent to Germany. Corruption and incompetence has destroyed it all. One thing in it's favour is that it is not cold so you won't die of hypothermia, when you are really getting to basics.
There was a small article on BBC website about a woman traveling over into Columbia for a day to have most of her hair cut off so she could but insulin for her daughter, which would last about 6 weeks.
It is an entirely government made crisis.

My friend is from the Caribbean and spent a month there in the summer. She witnessed people trying to swim across from Venezeula to try to get hold of food.

However these things come about the fact remains that on an individual level once we've used our voting power we can only really affect our own position.

@C0ll4p53
With the 'news' on SKY (website) yesterday that there is a new global financial crash on the way (which, assuming it happens) will just pile on top of Brexit. What fun!