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  • FIRST POST
    • bigfreddiel
    • By bigfreddiel 17th Sep 16, 10:31 PM
    • 3,775Posts
    • 1,719Thanks
    bigfreddiel
    Carney does a u-turn!
    • #1
    • 17th Sep 16, 10:31 PM
    Carney does a u-turn! 17th Sep 16 at 10:31 PM
    So, from being a gloom and doom remain merchant our BoE guv'nor, Mark Carney has changed his tune to being upbeat on the UK being a global trader!

    Conclusion, even with all that economic data at his fingertips he didn't have a clue what was going to happen, so he toed the government line and voted remain. In fact no one knows, and in reality it won't make any difference.

    How do people just get so comfortable lying, yes I know both sides lied, but Mark, was apparently quite relaxed about it.

    Ah well I guess that's how you get up the ladder to greater things,

    Cheers fj
Page 4
    • Superscrooge
    • By Superscrooge 21st Sep 16, 7:54 PM
    • 505 Posts
    • 346 Thanks
    Superscrooge
    It's human nature that everyone tries to find evidence that proves that they were right. Both Brexiteers and Remainers seize on any evidence that backs their case.

    Politicians will spend the next few years arguing whether it should be 'soft' brexit or 'hard' brexit so I expect many years of confusion and uncertainty ahead.
    • ARandomMiser
    • By ARandomMiser 21st Sep 16, 7:57 PM
    • 681 Posts
    • 1,272 Thanks
    ARandomMiser
    Osborne said that Brexit would drive up interest rates and drive down house prices - which probably backfired because lower house prices is what an increasing number of voters want, for their children if not themselves.
    https://www.theguardian.com/business/2016/apr/15/george-osborne-says-brexit-will-drive-up-interest-rates't.
    Originally posted by Glen Clark
    Well in 2-5 years time we can look back and see if he was correct.
    So interest rates are 0.25% today, let us see what they are when brexit actually happens
    • bigfreddiel
    • By bigfreddiel 21st Sep 16, 7:57 PM
    • 3,775 Posts
    • 1,719 Thanks
    bigfreddiel
    Well yes, both sides are probably right, and it won't make any difference in the long run.


    But BREXIT was right regardless. fj
    • JohnRo
    • By JohnRo 21st Sep 16, 9:13 PM
    • 1,953 Posts
    • 1,618 Thanks
    JohnRo
    Well in 2-5 years time we can look back and see if he was correct.
    An optimist then. I hope your prediction is correct

    But BREXIT was right regardless.
    It hasn't even happened yet, whether it's 'right' or not is an abstract. The damage it does to the UK, governance and the economy is what will matter to most when all the myopic flag waving subsides and the new reality becomes clearer.
    'We can't solve problems by using the same kind of thinking we used when we created them.' ― Albert Einstein
    'Facts do not cease to exist because they are ignored.' ― Aldous Huxley
    • Thrugelmir
    • By Thrugelmir 21st Sep 16, 9:56 PM
    • 50,013 Posts
    • 41,667 Thanks
    Thrugelmir
    Well in 2-5 years time we can look back and see if he was correct.
    So interest rates are 0.25% today, let us see what they are when brexit actually happens
    Originally posted by ARandomMiser
    We are still in uncharted waters. Interest rates will return to normal. Irrespective of Brexit. Central banks have limited ammo left. Trade imbalance. Budget deficit. Pension crisis. Consumer indebtedness. Many mines lay in the road ahead.
    A man is rich who lives upon what he has. A man is poor who lives upon what is coming. A prudent man lives within his income, and saves against a rainy day.
    • ARandomMiser
    • By ARandomMiser 22nd Sep 16, 5:43 AM
    • 681 Posts
    • 1,272 Thanks
    ARandomMiser
    We are still in uncharted waters. Interest rates will return to normal. Irrespective of Brexit.
    Originally posted by Thrugelmir
    Getting the excuses in early I see If, in the post brexit era, they are higher, then the remain camp did not lie (which will put paid to another lie from the brexit camp).

    Central banks have limited ammo left. Trade imbalance. Budget deficit. Pension crisis. Consumer indebtedness. Many mines lay in the road ahead.
    I agree - brexit hasn't happened yet, it isn't even close to happening, we have not yet even defined what brexit actually means not to worry what replaces it.

    Only a fool equates today as 'post brexit' or tries to equate what the remain camp said could happen based on today's economy. The only thing we do know for a fact is the brexit campaign was based on 99% lies and many in the electorate fell for it.
    Last edited by ARandomMiser; 22-09-2016 at 5:47 AM.
    • eskbanker
    • By eskbanker 22nd Sep 16, 10:55 AM
    • 3,418 Posts
    • 3,042 Thanks
    eskbanker
    The only thing we do know for a fact is the brexit campaign was based on 99% lies and many in the electorate fell for it.
    Originally posted by ARandomMiser
    Regardless of which side of the argument anybody is coming from, that sort of unsubstantiated hyperbole does nothing other than to polarise and antagonise, was it really worth trying to claim that as a fact?
    • atush
    • By atush 22nd Sep 16, 11:37 AM
    • 15,163 Posts
    • 9,074 Thanks
    atush
    yes..............
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