The Brexit Thread (LOCKED)
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 snytaxx  London 06 Jan 17 4.50pm |
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Originally posted by europalace
Remember the experts we were supposed to blindly agree with before the referendum? I thought i'd review some of the basic notion put out to the press since the vote. 22nd June 2016 - "there will be an instant recession should the UK leave the EU" September 2016 - "So there was supposed to be a recession however due to the summer and the Olympics everyones happy and out spending money, but mark my words, once the nights start drawing in... definite recession!" December 2016 - " Okay so the recession hasn't come yet, must be to do with Christmas! But it's 100% on it's way though, honest!" Now, before you start pulling out the 'i'm an upset remainer' spiel on me. You are possibly, maybe even probably right about there being some negative economic implications because of Brexit. I accept this. Likewise there probably also would have been some negative implications had we decided to stay. However might I suggest that you stop forecasting the next harbinger of economic doom and just admit that no matter what our political views are, as a country we can and will meet any challenge which the future will bring and that generally speaking, things will be fine. Right now every time I read your posts on this thread it reminds me of various interviews with IMF economists being like "please believe us this time, I pwomise I won't get it wong again, pwweeease!!!!!!!"
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| nhp61 Goring-By-Sea born, now in Brackne... 06 Jan 17 5.25pm |
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Originally posted by snytaxx
Remember the experts we were supposed to blindly agree with before the referendum? I thought i'd review some of the basic notion put out to the press since the vote. 22nd June 2016 - "there will be an instant recession should the UK leave the EU" September 2016 - "So there was supposed to be a recession however due to the summer and the Olympics everyones happy and out spending money, but mark my words, once the nights start drawing in... definite recession!" December 2016 - " Okay so the recession hasn't come yet, must be to do with Christmas! But it's 100% on it's way though, honest!" Now, before you start pulling out the 'i'm an upset remainer' spiel on me. You are possibly, maybe even probably right about there being some negative economic implications because of Brexit. I accept this. Likewise there probably also would have been some negative implications had we decided to stay. However might I suggest that you stop forecasting the next harbinger of economic doom and just admit that no matter what our political views are, as a country we can and will meet any challenge which the future will bring and that generally speaking, things will be fine. Right now every time I read your posts on this thread it reminds me of various interviews with IMF economists being like "please believe us this time, I pwomise I won't get it wong again, pwweeease!!!!!!!" Well said.
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| Mapletree Croydon 06 Jan 17 5.34pm |
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Originally posted by susmik
I have never seen so much doom and gloom as on this thread. Come on people it is early days and we are setting up for other countries that WILL leave the Eu before long. Our trade is good at the moment and will get even better when we can trade with who we like and not be told by the idiots at EU headquarters. Of course we will hit a few rough patches but we are going to try and get the best deal for us and not the anyone else. The pound has always been up and down and it is not just to do with brexit. It depends on the world market as it always has done and on how other currencies devalue and deal with their own problems. Well, the Treasury got it wrong and is eating humble pie, the Remain politicians got it wrong and the Leave politicians have been forced into multiple 'revisions'. The current trend is to treat experts as the enemy, why should anyone trust them. The future is unknowable but I am convinced looks worse than it did a year ago, especially for me personally. What is to be positive about? Stoic is probably a better word.
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| matt_himself Matataland 06 Jan 17 6.03pm |
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Here is a nice story to end the week with:
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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| nickgusset Shizzlehurst 06 Jan 17 6.13pm |
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shock horror, poll of over 50's conducted by saga favours leave. Meanwhile in that left wing baastion of truth , The economist... She hasn't got a bleeding clue however is lauded as 'a safe pair of hands' by many. How is this government going to lead us through the impending s***storm?
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| susmik PLYMOUTH -But Made in Old Coulsdon... 06 Jan 17 6.48pm |
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Had to laugh at the article in the Economist as has been written in the same old way it always has done. Quote: The American author Michael Lewis has criticised the magazine's editorial anonymity, labelling it a means to hide the youth and inexperience of those writing articles. In 1991 Lewis quipped: "The magazine is written by young people pretending to be old people ... If American readers got a look at the pimply complexions of their economic gurus, they would cancel their subscriptions in droves. The same applies here in the UK.
Supported Palace for over 69 years since the age of 7 and have seen all the ups and downs and will probably see many more ups and downs before I go up to the big football club in the sky. |
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| steeleye20 Croydon 06 Jan 17 7.29pm |
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Originally posted by europalace
Yes all that has actually happened is that the weaker pound has provided a short term reprieve if its like previous devaluations it will balance out due to inflation etc. This is what has happened not a forecast of what brexit might mean in the future frankly why does anybody believe any forecast of doom or whatever nobody knows the future. We are in the EU with the single market there is no brexit and may never be. All we can do with such uncertainty over our future is just to see what actually happens and cope with it and not what we want it to be..... Anything could happen
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| .TUX. 06 Jan 17 8.57pm |
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Originally posted by snytaxx
Remember the experts we were supposed to blindly agree with before the referendum? I thought i'd review some of the basic notion put out to the press since the vote. 22nd June 2016 - "there will be an instant recession should the UK leave the EU" September 2016 - "So there was supposed to be a recession however due to the summer and the Olympics everyones happy and out spending money, but mark my words, once the nights start drawing in... definite recession!" December 2016 - " Okay so the recession hasn't come yet, must be to do with Christmas! But it's 100% on it's way though, honest!" Now, before you start pulling out the 'i'm an upset remainer' spiel on me. You are possibly, maybe even probably right about there being some negative economic implications because of Brexit. I accept this. Likewise there probably also would have been some negative implications had we decided to stay. However might I suggest that you stop forecasting the next harbinger of economic doom and just admit that no matter what our political views are, as a country we can and will meet any challenge which the future will bring and that generally speaking, things will be fine. Right now every time I read your posts on this thread it reminds me of various interviews with IMF economists being like "please believe us this time, I pwomise I won't get it wong again, pwweeease!!!!!!!" Nice post but (sadly) i don't share your optimism.
Buy Litecoin. |
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| nickgusset Shizzlehurst 06 Jan 17 10.59pm |
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Major Tory donor threatening to withdraw over brexit...
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Attachment: | snytaxx London 07 Jan 17 8.58am |
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Originally posted by nickgusset
Major Tory donor threatening to withdraw over brexit... How will you cope?
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| steeleye20 Croydon 07 Jan 17 10.58am |
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I think what is relevant from this man is that two factories would flounder as a result of not being in the single market and he ought to know his own businesses. How widespread is this and are we self-harming the country with this brexit? 'we'll get thru' 'it will be alright at the end' all that stuff is so wet. Not condoning him or opening up the same old argument about donations.
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| matt_himself Matataland 07 Jan 17 11.03am |
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Originally posted by snytaxx
Remember the experts we were supposed to blindly agree with before the referendum? I thought i'd review some of the basic notion put out to the press since the vote. 22nd June 2016 - "there will be an instant recession should the UK leave the EU" September 2016 - "So there was supposed to be a recession however due to the summer and the Olympics everyones happy and out spending money, but mark my words, once the nights start drawing in... definite recession!" December 2016 - " Okay so the recession hasn't come yet, must be to do with Christmas! But it's 100% on it's way though, honest!" Now, before you start pulling out the 'i'm an upset remainer' spiel on me. You are possibly, maybe even probably right about there being some negative economic implications because of Brexit. I accept this. Likewise there probably also would have been some negative implications had we decided to stay. However might I suggest that you stop forecasting the next harbinger of economic doom and just admit that no matter what our political views are, as a country we can and will meet any challenge which the future will bring and that generally speaking, things will be fine. Right now every time I read your posts on this thread it reminds me of various interviews with IMF economists being like "please believe us this time, I pwomise I won't get it wong again, pwweeease!!!!!!!" I agree with you. I don't think too much will change, economically or socially. I also agree with your point on the 'harbinger of doom' economic predictions. However, I will say that employment growth is slowing and inflation will catch up with this year, possibly in the form of a rate increase, and he inflation will be as a result of Sterling decline following Brexit. However, again, we do have a remarkably resilient economy, comprising resilient companies and resilient consumers. Household debt is reduced from the highs of pre credit crash days. Although the sterling decline will affect inflation, it does make Britain attractive to do in business from abroad. I believe we are heading for a Brexit which Remainers will label 'hard' and Leavers label 'soft'. We will leave the EU but probably not the single market and with a fudge on so-called 'freedom of movement'. I believe it will be a hybrid Norway-Canada result, with some concessions made by both sides on some particular matters, such as freedom of movement and guaranteeing expat rights. I do not believe that the process of leaving is that complicated. It's a question of political will. I also don't believe that the diplomatic service is necessarily the right vehicle to negotiate Brexit. The Ivan Rogers affair backs this up. Do we need to have a team smoothing matters with Cyrus, Malta and Latvia? Or do we form a position after initial political negotiations and form a deal? Neither side will want long, drawn out uncertainty for economic and political reasons.
"That was fun and to round off the day, I am off to steal a charity collection box and then desecrate a place of worship.” - Smokey, The Selhurst Arms, 26/02/02 |
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