-WW3 was what the lying papers like the DM and Express said. Cameron never said these words unless you can prove it otherwise?
- Emergency budget not needed as A50 not invoked day after election. #
- Economy has taken a down turn and almost every economic figure is exactly as the treasury report predicted. You know, the one called Project fear and all that and called lies.- They are starting, bit by bit companies are moving jobs and headquarters abroad. Nobody said it was going to happen on day 1.
So overall the remain side got it pretty right so far unlike the leave side. I am sure some of the things you remember are lies put out bu the Leave side/media "claiming" thats what the remain side is saying.
The Bank of England has admitted its dire warnings of a downturn in the wake of the Brexit vote were a “Michael Fish” moment and said that the economics profession was now in “crisis”.
Andy Haldane, the Bank of England’s chief economist, said there was a “disconnect” between political warnings about Brexit and the “remarkably placid” state of the markets, adding that the worst predictions may turn out to be “just scare stories”.
He made the concession as new figures suggested Britain was the fastest growing of all advanced economies last year after the services sector defied gloomy forecasts to hit a 17-month high.
The bank has come under intense criticism for predicting a dramatic slowdown in the UK’s fortunes in the event of a vote for Brexit only for the economy to bounce back strongly and remain one of the best performing in the developed world.
Haldane is known to be concerned about mounting criticism of experts and the potential for Threadneedle Street’s forecasts to be dismissed by politicians if errors persist.
Former Tory ministers, including the former foreign secretary William Hague and the former justice secretary Michael Gove, last year attacked the Bank of Englandgovernor, Mark Carney, for predicting a dramatic slowdown in growth if the country voted to leave the EU.
- there was some nonsense about WW3
- there would be an emergency budget to raise everyones taxes that didnt happen
- stuff about an immediate recession and job losses
- a mass exodus of companies
I'll just leave this here:
http://www.telegraph.co.uk/news/201...-michael-fish-moment-dire-brexit-predictions/
and this:
https://www.theguardian.com/business/2017/jan/05/chief-economist-of-bank-of-england-admits-errors
The BOE is admitting they did get their forecasts wrong - though some armchair experts on here are still adamant that didn't happen...
“Right now there is a very interesting disconnect between what we read in the papers about the degree of political and policy uncertainty, which by any historical metric is at high levels, and what we have seen from the economy and financial markets, which have actually been remarkably placid. That disconnect cannot last forever. There will need to be a reconciliation between the two.
Haha, where else can they vote? UKIP as a party has no purpose or talent anymore.Ouu, Kippers wont like that.
'It is tempting to look at developing countries' economies, with their high growth rates, and see them as an alternative to trade with Europe. But just look at the reality of our trading relationship with China - with its dumping policies, protective tariffs and industrial-scale industrial espionage. And look at the figures. We export more to Ireland than we do to China, almost twice as much to Belgium as we do to India, and nearly three times as much to Sweden as we do to Brazil. It is not realistic to think we could just replace European trade with these new markets.'
'And while we could certainly negotiate our own trade agreements, there would be no guarantee that they would be on terms as good as those we enjoy now. There would also be a considerable opportunity cost given the need to replace the existing agreements - not least with the EU itself - that we would have torn up as a consequence of our departure.'
Don't forget that the BOE took some corrective action immediately. That couldn't be publicised in advance as it would have allowed speculators.
The emergency budget was in effect deferred by this action and still would arguably have needed to happen even though nothing else happened the day after the reffy
So either we were deliberately misled or Osbourne wasn't aware of what corrective actions the BOE could take - neither paints Remain in a positive light.
Theresa May said in April 2016:
I believe Britons are going to be increasingly confronted with the stark revelation that our own successive governments and not the EU have been behind many if not all of our problems. After all, if it were the EU's fault then Britain's problems would also be the problems of other EU countries and they are not.
Other EU countries have managed their immigration intake better than we have been doing for decades. Other EU countries have developed better-balanced economies so that their exports are buoyant and not reliant on one sector (like financial services in the UK).
I was shocked recently to learn that Ireland, with a population of only 4.5 million, has annual exports that amount to a quarter of British exports (with 65 million people). How can blame for this be laid at the door of the EU? Indeed, it is many decades since Britain has enjoyed a trade surplus (when exports exceed imports) but other EU countries like Germany and Ireland can boast of a very large trading surplus.
I feel that we the British people have been conned into blaming the EU for all our shortcomings and we are now about to discover the truth. Alas, it will come too late.
Ireland, Portugal and Spain economies all tanked when the financial crisis hit as their economies were unbalanced due over development of housing projects. France suffers ongoing economic turmoil due to it's own cumbersome legislation and Germany risks unbalancing the who Euro region due to it's exports/imports ratio. As an outsider BBB looking in the whole Euro project looks like protection racket to protect German businesses and that's before we get onto Greece and Italy.
The Remain campaigners may have exaggerated for effect. However, the gist of their predictions - financial turmoil, serious devaluation of sterling (it fell 18% against the US dollar), international business being diverted elsewhere, increasing unemployment and yet more cuts to vital and already hard-pressed public services, are still the probable shape of things to come.
The Brexit brigade, on the other hand, lied blatantly.
Lieing wasn't exclusive to the Brexit brigade, they just lied better then the remainers with their economic scare stories.
What the actual ****?! Is she stuck on repeat or something?!![]()
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I'm not sure her talking about gutting the NHS, getting rid of the triple lock on pensions, raising VAT, income tax and NI will do her any favours, so it's all she's got really...So it's strong stable Leadership and standing up for Britain for 6 weeks then? Repeat over and over?
Both sides used about the same level of shallow and obvious lies and hysteria, etc. anyone who bought into or was swayed by it deserves what they get :|