Don’t panic

I mean it. My own life has taught me that the biggest killer out there is panic. Flailing or running around and shouting will not help. So don’t do it. Trust me on this. A cool head will get you through more scrapes than being a drama queen and expecting other people to take up the slack. Indeed I have found my own personal policy of walking softly and taking a step back when faced with the unfamiliar and occasionally dangerous has often gotten me out of a tight corner.

In this vein we’re having to think ahead with regard to Elderly Friend. Her rapid slide into dementia has both us and the care home thinking that she’s not long for this world. She may even die while we’re in London. So. Funeral home fees and arrangements have to be checked, funds set aside for end of life care, nursing etc. All that stuff you get the joy of as power of attorney. However, this is the job we signed up for and it has to be done. The grunt work of signing off on those details like funeral services and ensuring the right ashes go in the right urn. Just in case.

However, a little foresight has often proven useful too because it’s of limited use being cooler than liquid Nitrogen if the ground is literally crumbling under your feet. Having a fallback option, just in case, isn’t needed that often, but I like them as they are very reassuring. Doesn’t have to be much, just simple stuff. For example, on road trips, I carry enough first aid stuff to be able to suture moderate wounds and stop bleeds whilst being able to provide some form of pain relief or sluice out a dust afflicted eyeball or contaminated cut. My credit cards are kept separately in case I get my wallet nicked. We always have double travel insurance and I never enter a place unless I already know where the best exit is. Mrs S often jocularly chides what she calls my ‘paranoia’, but despite the odd minor faux pas it’s been a long, long time since I was caught properly left footed.

We’ve gotten lost in the wilds of Ontario with dwindling fuel, but not unrecoverably so. We’ve lost money on investments, I lost five thousand dollars on three particular stocks last year, but more than made it back on others and spent a meagre two fifty on advice of how to set the loss against tax. Then made all my money back and then some on the same stocks by June this year. We try to invest across a wide spread, never put all our fiscal eggs in one basket and try not to panic if there’s a short term drop in the market like over the New Year 2018-9.

Because having at least one alternative is way better than being caught with your financial unmentionables around yer ankles. So it is with a WTO or ‘No deal’ Brexit. Now being a suspicious sort when it comes to news media, reading all the “Noooo! We’re all going to DIE!!” nonsense being peddled even in the FT. I really am thinking of cancelling my subscription. Fortunately I have my own sources. So I did a little digging.

Here’s what I found; imports will not grind to a halt. There are structures already in place to allow imports without delays at all major UK ports. Same for exporters. If you don’t already know, then you haven’t been listening. The tax authorities have been ready for a no deal scenario for over two years. I got that via Pinsent Mason (Major UK law firm who deal in international law by the way). Also from the guy who has just transferred out from being in charge of the port of Dover says they’re ready for ‘No deal’. HMRC have set up 190+ ‘pop up’ customs posts, in addition to the normal ports facilities who deal with clearing import and exports. The only problems will be from EU customs, so you’re more likely to run out of Cheddar at Calais than Brie and Avocados in Birmingham. Besides, where in the EU grows Avocado’s for heaven’s sake? Oh yes, France and Spain. The Netherlands are a major distribution hub and exporter, but don’t actually grow any. The major growers range from Israel to Mexico, New Zealand to Kenya, then there’s Colombia, Morocco, South Africa and the USA. Can’t get your Dutch Avocado? Fine, there are plenty more sources out there with produce to sell. Cut out the EU middle man. Ship direct from the growers, and don’t think there aren’t deals already being cut by the buyers for Messrs Tesco, Morrisons, Waitrose and Sainsbury.

Even if the EU embargoes all imports to and from the UK, remember this; they need the UK markets more than the UK needs the EU. Never mind not getting a GBP39 billion payday, if they tried cutting UK Plc off without a cent they’d bankrupt a large proportion of their own internal economy. According to a financial report I read 12th September 2019, the European Central Bank is going to cut interest rates and start printing money, a failed policy by the way, which has already hit the Euro. Internally, they are already in trouble.

For expat UK pensioners in European countries (No names, no pack drill) this drop in the Euro means their UK pension will be worth more as the pound sterling will buy more. Expats I know they have been hit badly because of all the Remainer panicmongering driving the value of sterling down at least twelve percent lower than it should be. It would be nice to see them better off.

Me, I don’t put my faith in state pensions, mainly because I like to know where my money is and what it’s up to. As well as the payout of any given state pension being less than likely to support me in the style to which I wish to become accustomed in my forthcoming frail dotage. Also because I don’t trust politicians, any of them, not to plunder public coffers for their own short term gain. They can buy votes with someone else’s dime.

Oh yes, and I’ve finally bowed to Mrs S over buying a new cell phone so she can keep tabs on me, investing in a dual sim Samsung A20 with case and armoured glass.

Looking ever more forward to London, when I will be trying to console those of the Remain faction I encounter by speaking soothingly and gently holding their hands to reassure them.

Why specifically hold their hands? Just to make sure none of the nasty little sods manage to take a swing at me. Like I said, foresight.

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2 thoughts on “Don’t panic”

    1. I look at it this way. We’ve had no military conflicts that really threatened the UK’s shores for a long, long time. People got complacent, unused to dealing with real hardship. Now they get frightened by the palest of shadows.

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