On 28 June 2016 Farage made a speech in the European Parliament in which he stated that a hypothetical failure for the EU to forge a trade deal with an exiting UK would "be far worse for you than it would be for us", to heckling and laughing by Parliament members. He insulted his fellow MEPs, stating that "virtually none" of them had ever had done "a proper job" in their lives. Media around the world covered Farage's speech, including his comment: "... when I came here 17 years ago, and I said that I wanted to lead a campaign to get Britain to leave the European Union, you all laughed at me. Well I have to say, you're not laughing now are you?" and his prediction that Britain will not be the only country to leave the EU. In response, Guy Verhofstadt compared Farage's referendum posters with Nazi propaganda and credited the Brexit campaign with causing a multi-billion loss in the stock exchange. Explicitly addressing Farage, Verhofstadt added, "... Ok. Let's be positive. Finally, we're going to get rid of the biggest waste in the budget of the (European) Union, that we have paid for 17 years, your salary."