If we vote for Brexit what happens

Conrad

nkomp18 wrote: »

. UK economy is set to to grow at one of the slowest rates in the EU:

http://www.independent.co.uk/news/business/news/imf-cuts-uk-2017-growth-forecast-again-in-wake-of-brexit-vote-a7344121.html

Ooops, project fear fails ones again. So predictable.


'The OECD revised its UK growth forecast from 1.2% to 1.6% this year'

CKhalvashi

Conrad wrote: »

Ooops, project fear fails ones again. So predictable.


'The OECD revised its UK growth forecast from 1.2% to 1.6% this year'

I'm not so sure you understand what a forecast is.

Hugely terrifying, given you come from a finance background.

Thrugelmir

CKhalvashi wrote: »

The point the country has reached and the huge divides this government has caused are not good for anyone,

Care to expand on this comment. What exactly?

Conrad

CKhalvashi wrote: »

I'm not so sure you understand what a forecast is.

Hugely terrifying, given you come from a finance background.

You lot let recent forecasts do a lot of heavy lifting in your argument and signally failed to understand those forecasts were based on poor information and too much downside weight.


Time and again the Remoaner / project fear forecasts turn out wrong. time and again the book of evidence reveals a nation doing far better than the pessimists allow for.


Your lot tell me triggering A50 will definitely caused a significant downturn. More muddled thinking.

kabayiri

Thrugelmir wrote: »

Care to expand on this comment. What exactly?

Brexit caused no divide really.

It might have exposed differing views on the future, from different parts of the UK, but they were already there.

If anything, there was a false pretence of cohesion before June of last year.

Conrad

OBR forecast now revised up to 2% for 2017.

CKhalvashi

Conrad wrote: »

You lot let recent forecasts do a lot of heavy lifting in your argument and signally failed to understand those forecasts were based on poor information and too much downside weight.


Time and again the Remoaner / project fear forecasts turn out wrong. time and again the book of evidence reveals a nation doing far better than the pessimists allow for.


Your lot tell me triggering A50 will definitely caused a significant downturn. More muddled thinking.

Whose lot? What are you referring to?

I'd prefer that forecasts were below the reality than above, as I'm sure would a number of others. A 0.4% difference in the grand scheme of things isn't particularly huge.

Even 1.6% growth isn't particularly amazing. It's 40% below the average since 1956 and around half that of 2015. With that taken into account, why is the UK not being more ambitious, with unhindered EU trade and a broad range of free trade deals on the horizon?

Is that because the fantasy that you have in your head isn't at all the reality, and that it will be much more difficult than that?

Inflation is higher than the growth rate of the economy on your predictions, so in reality the UK economy is getting smaller. That's really not good, whichever way you dress it up.

mayonnaise

kabayiri wrote: »

Brexit caused no divide really.

What does Conrad mean with 'your lot' then?

kabayiri

mayonnaise wrote: »

What does Conrad mean with 'your lot' then?

Maybe you should ask Conrad.

I think it was an arrogant stance to assume that this EU club was working for everybody, or even seen to be working.

It depends on your circumstances.

Mortgagefreeman

mayonnaise wrote: »

What does Conrad mean with 'your lot' then?

I think he means this.

mayonnaise wrote: »

I accept the result and will move on.