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  • Relations with the UK: Prepare For Possible "No-Deal" Scenario

    From ec.europa.eu

    While the Commission will continue to do its utmost to reach a mutually beneficial agreement with the UK, there is now significant uncertainty whether a deal will be in place on 1 January 2021. The European Commission has today put forward a set of targeted contingency measures ensuring basic reciprocal air and road connectivity between the EU and the UK, as well as allowing for the possibility of reciprocal fishing access by EU and UK vessels to each other's waters. The aim of these contingency measures is to cater for the period during which there is no agreement in place. If no agreement enters into application, ... (full story)

As for fishing access, I suggest someone enlightens them that there is NO possibility of that in a no deal
I cannot believe that anymore. Are they completely stupid?? People have to prepare, fu**ing sake !! Get your as**es inline finally !! How can they treat people so badly on both sides??

DEAL or no deal, but decide now !!!
EU is 25+ countries, so EU having access to UK waters is far much greater than UK having same access to EU waters.

Though No Deal is not good for UK or EU.

This time last year, GU jumped about 500 pips, could a repetition be in cards.
It's a good question how far is the Brexit already priced in.
Wanna bet next GBP news will be soething like:

Hey guys! We decided probabilly/might/maybe/perhaps deal.
I am of the opinion now that we should leave with no deal. It's time for UK to face up to the consequences of it's actions.

Those who saw this coming should/would have prepared fot it. Those who have not prepared will have no one to blame but themselves.

From a financial perspective, I am set up to weather the hardship for the next 5-10 years. This cannot be said for 90% of the population.

Those who think things will still be great with no-deal are delluding themselves.

Good luck to everyone. Prepare for the hard times that are coming to a neighbourhood near you
Quoting Vancarbon
This might cheer you up digit . https://www.bnnbloomberg.ca/maybe-brexit-isn-t-so-bad-after-all-1.1534395 Don't forget there's going to be an equal amount of that hardship for the EU as well ( maybe more so than the UK )
There may be hardhsip in the EU too, but how does that make things any better for people in the UK?
Quoting Vancarbon
It means they equally have to face up to the realities of the situation and it's consequences for their " union " . It's hard to negotiate when the EU won't and don't respect British sovereignty . On another note I have read several documents that show the UK can prosper apart from the EU , so I don't always believe the propaganda . Did you read the link ?
Hi Vancarbon, Yes, I did read the link.

The only thing we can do now is prepare financially for all eventualities regardless of the outcome of the negotiations.

Remember the old saying "fail to prepare, prepare to fail"

Don't rely on the spin from politicians and media. All I'm saying is, make sure you have a plan to weather the outcome.
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  • Posted: Dec 10, 2020 4:58am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 8  /  Views: 3,543