If we vote for Brexit what happens

StevieJ

[Moby;72137902Re-writing history......They did have a far too light touch regulation and do you know why...]

Exactly! remember the Cameron backed Redwood report from 2007, that was quietly sidelined after the GFC in 2008. I particularly liked this one
Quote:

Less regulation of the financial services industry – including deregulation of the mortgage industry.

http://www.conservativehome.com/thetorydiary/2007/08/redwood-urges-b.html

setmefree2

Moby wrote: »

It ain't started yet!

We'll see. But for Blair to insist that he knows what serves the country best is an advanced stage of delusion....his track record is appalling. And yes he did manage to persuade the HoC and the HoL to go into the Iraq war like the Pied Piper...

A_Medium_Size_Jock

From a short while ago:

Mark Carney says Brexit could be 'smooth' after all

http://news.sky.com/story/carney-eyes-smooth-brexit-scenario-that-could-mean-higher-growth-and-interest-rates-10776321

chris_m

A_Medium_Size_Jock wrote: »

From a short while ago:

Mark Carney says Brexit could be 'smooth' after all

http://news.sky.com/story/carney-eyes-smooth-brexit-scenario-that-could-mean-higher-growth-and-interest-rates-10776321

Oh heck, we really must be doomed now.

Thrugelmir

StevieJ wrote: »

Exactly! remember the Cameron backed Redwood report from 2007, that was quietly sidelined after the GFC in 2008. I particularly liked this one

And Brown's final legacy to the UK taxpayer is RBS. Which years later is still losing money.

Fella

Nulabor's lack or regulation was a disgrace. The Tories calls for less regulation were also a disgrace.

But what Brown did that the Tories didn't was waste all the resulting revenue + a lot more besides, mainly on buying votes. That was his main failure. He boasted for years of how prudent he was but in reality he was spending revenue from a bubble like a drunken sailor. An absolutely hopeless chancellor, one of the worst ever.

nkomp18

£52 billion bill coming our way:

http://www.bbc.co.uk/news/uk-politics-39042876

Fella

nkomp18 wrote: »

£52 billion bill coming our way:

http://www.bbc.co.uk/news/uk-politics-39042876

Juncker is a clown who'll soon be out of office & everything he's ever said about Brexit has been designed to make it sound as bad as possible.

posh*spice

Thrugelmir wrote: »

And Brown's final legacy to the UK taxpayer is RBS. Which years later is still losing money.

Or the £68 billion deficit for 2016/2017 which is just tragic and is supposed to be some sort of :T:T when what it actually means is we can't afford all the public services the government is providing - the NHS will bankrupt us.

Thrugelmir

davomcdave wrote: »

Imports become more expensive so we can no longer afford to import as much. We buy less and our standard of living falls.

We are borrowing to consume though. That's a UK habit. There's no right to a certain standard of living. More so if we don't actually work hard enough and productively enough to earn it. Many in this world envy our standard of living. They want we enjoy. There's a challenge for the future as well.