If we vote for Brexit what happens

setmefree2

CLAPTON wrote: »

for the same reason that there WASN'T a recession when we DIDN'T join rhe euro, inspite of all the great and good saying we were doomed unless we joined.

Except that was completely different??

Look - I accept that the UK might vote Leave.

THAT IS FINE.

But - there will be a recession.

THAT IS FINE TOO.

What's it going to be like????

(This Thread is Called If we vote for Brexit what happens? )

mayonnaise

Rinoa wrote: »

The head of the WTO was apparently in London today to inform us how UK exporters will have to pay up to £5.6Bn in duties should we leave the EU. (Note the 'up to')

http://news.sky.com/story/1708309/brexit-could-cost-uk-exporters-5-6bn-a-year

This confirms the 4% WTO tariff the EU will apply.

So, we're minus £5.6Bn on our exports but plus £9Bn on our net contribution to the EU.

Where's the problem?

The 9bn we're supposed to be saving has been spent tenfold already under brexit fantasy economics. :rotfl:



http://www.huffingtonpost.co.uk/entry/bexit-fantasy-economics_uk_574d538ce4b0ebf6a329efe7

TrickyTree83

mayonnaise wrote: »

The 9bn we're supposed to be saving has been spent tenfold already under brexit fantasy economics. :rotfl:



http://www.huffingtonpost.co.uk/entry/bexit-fantasy-economics_uk_574d538ce4b0ebf6a329efe7

Leave are not a political party, they don't propose what they want to happen, just what could happen. It'll be up to the government of the day after a Brexit vote to decide what they would like to do with the membership fee.

I'm of the opinion it was irresponsible for the government to even allow a referendum without clearly defined options, but they did, and this is what we have.

CLAPTON

setmefree2 wrote: »

Except that was completely different??

Look - I accept that the UK might vote Leave.

THAT IS FINE.

But - there will be a recession.

THAT IS FINE TOO.

What's it going to be like????

(This Thread is Called If we vote for Brexit what happens? )

I appreciate your awesome predictive powers in the field of economics.

However, everyone elses is quite poor.

There is no credible analysis that leaving the EU would cause a recession by any credible organisation, with a track record of being right.
Examples of 'being right' would include organisations that specifically advised the UK NOT to join the Euro; organisations that DIDN'T say the post 2010 policies would lead to two dip recession etc.

On reflection and detailed analysis, I have decided to discount your unjustified ascertion about a recession even if you repeat it another few hundred times.

setmefree2

CLAPTON wrote: »

I appreciate your awesome predictive powers in the field of economics.

However, everyone elses is quite poor.

There is no credible analysis that leaving the EU would cause a recession by any credible organisation, with a track record of being right.
Examples of 'being right' would include organisations that specifically advised the UK NOT to join the Euro; organisations that DIDN'T say the post 2010 policies would lead to two dip recession etc.

On reflection and detailed analysis, I have decided to discount your unjustified ascertion about a recession even if you repeat it another few hundred times.

So you admit to no risk of a recession???

You are in complete denial???

You are completely deluded???

Wow.

Did you completely miss the Recession of 2007/2008 too? Or was in on top of you before you knew what had hit you?

BY THE BY - I hope you are right. No recession - that would be BRILL. No-one in their right mind wants a recession.

TrickyTree83

setmefree2 wrote: »

So you admit to no risk of a recession???

You are in complete denial???

You are completely deluded???

Why haven't you produced any evidence of this cast iron prediction of a recession?

Perhaps because it doesn't exist? The only statements on recession we've had so far is that we could end up with a technical recession which is two consecutive periods of negative growth.

setmefree2

TrickyTree83 wrote: »

Why haven't you produced any evidence of this cast iron prediction of a recession?

Perhaps because it doesn't exist? The only statements on recession we've had so far is that we could end up with a technical recession which is two consecutive periods of negative growth.

Brilliant. There isn't going to be a 2016 Recession. That's great news. I'm so relieved.

Happy Days!

TrickyTree83

setmefree2 wrote: »

Brilliant. There isn't going to be a Recession. That's great news. I'm so relieved.

Don't twist what I said, it's quite clear I was saying the evidence for your cast iron prediction of recession does not exist.

CLAPTON

setmefree2 wrote: »

Brilliant. There isn't going to be a 2016 Recession. That's great news. I'm so relieved.

Happy Days!

of course , two consecutive periods of house prices falls (great news for young people) could be 'technical ' recession.

That's great news, I'm so relieved

setmefree2

TrickyTree83 wrote: »

Don't twist what I said, it's quite clear I was saying the evidence for your cast iron prediction of recession does not exist.

OK.

So a vote for Brexit is now a very real possibility - agree??

So we must be ready for it???? - agree???

So we must at least accept the VERY REAL possibility that there could (very likely) be a recession??? Agree??