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If we vote for Brexit what happens

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Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mrginge wrote: »
    Today we have updated forecasts which demonstrate that pre-brexit predictions should definitely not be taken as gospel.

    As I pointed out a few posts back, the general man in the street will neither notice nor care about 0.9% less growth.

    Those same updated forecasts now predict UK unemployment to rise from 5% today to over 7% in 2 years.

    Perhaps your "general man in the street" comment only applies to those who don't lose their jobs, who don't fall under consultation to lose their jobs, who don't get nervous about savagely rising unemployment and curtail spending or life/career changes, or who think any price is worth paying for Brexit.....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • mrginge
    mrginge Posts: 4,843 Forumite
    Those same updated forecasts now predict UK unemployment to rise from 5% today to over 7% in 2 years.

    Perhaps your "general man in the street" comment only applies to those who don't lose their jobs, who don't fall under consultation to lose their jobs, who don't get nervous about savagely rising unemployment and curtail spending or life/career changes, or who think any price is worth paying for Brexit.....

    The grip on those straws gets tighter by the day.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Those same updated forecasts now predict UK unemployment to rise from 5% today to over 7% in 2 years.

    Perhaps your "general man in the street" comment only applies to those who don't lose their jobs, who don't fall under consultation to lose their jobs, who don't get nervous about savagely rising unemployment and curtail spending or life/career changes, or who think any price is worth paying for Brexit.....

    we last had 7% unemplyement round 2014: I guess then you blamed that on our being in the EU.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 19 July 2016 at 9:45PM
    By the end of 2019, UK unemployment is expected to increase to 7.1 per cent from 5.0 per cent, the think-tank added.

    Household and disposable income is to to fall by 0.5 per cent in 2017
    .
    http://www.thisismoney.co.uk/money/news/article-3695336/UK-economy-faces-severe-loss-momentum-Brexit-s-aftermath-think-tank-warns-growth-forecast-cut.html

    Never mind though, any price is worth paying to have a few less furreners, according to some....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CLAPTON wrote: »
    we last had 7% unemplyement round 2014

    And gosh, you seem only too happy for unemployment to rise by 40% from today's levels, reversing years worth of economic recovery after the global financial crisis.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • mrginge
    mrginge Posts: 4,843 Forumite
    And gosh, you seem only too happy for unemployment to rise by 40% from today's levels, reversing years worth of economic recovery after the global financial crisis.

    Excellent use of a big percentage for maximum effect there. 9/10.
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    mrginge wrote: »
    Excellent use of a big percentage for maximum effect there. 9/10.

    Excellent use of a fraction; B-
    Left is never right but I always am.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    No what you should say is you are hoping that many parts of the country are going to fall a long way so you can justify renting all those years. Prices could well fall but I'd stick my neck out and say in the south east they won't fall the 70% they would need to fall to get back to 1999 prices.


    At least you have managed to get your head round the "could well fall" bit. It`s a start.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    And gosh, you seem only too happy for unemployment to rise by 40% from today's levels, reversing years worth of economic recovery after the global financial crisis.

    You are becoming a little ridiculous : a little like Generali you are affected by your new religious obsession with the EU and giving up rational thought all together.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    At least you have managed to get your head round the "could well fall" bit. It`s a start.
    Never said they wouldn't, you still don't seem to understand I don't know what is going to happen and I don't think you know either.
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