If we vote for Brexit what happens

mwpt

mayonnaise wrote: »

If it's that simple...and as you brexiteers seem to be in the majority, why don't you shout louder and make your post-brexit economic nirvana a self-fulfilling prophecy?

Because it is far more convenient to blame someone (anyone) else rather than owning your own decisions.

There is nothing that cannot be blamed on the EU, experts, immigrants, Carney, doomsters, Germany, or whatever else enters the sights of the shoulder slopers.

A_Medium_Size_Jock

HAMISH_MCTAVISH wrote: »

The IFS has released a report noting that mere trade access to the Single Market is not enough for Britain and that we require Full Membership if we're to avoid the decrease in tax revenues completely wiping out any savings from not paying EU membership fees.


http://news.sky.com/story/access-to-single-market-not-enough-says-report-10530294

Ouch.... That's another 'inconvenient truth' for the Brexiteers.

There are a lot of "could"s in there but very little that is factual.
Until any deal is agreed no one can say with certainty what any consequences will be.
Any such report until a final agreement is reached is therefore pure speculation.

System

Don't worry mortgage payers are stress tested at 7% so they would be able to handle the rates increase during the next economic crisis. They are able to service all their debts.

I'm sure that UK land prices are falling and currently at 2014 levels.....

HAMISH_MCTAVISH

A_Medium_Size_Jock wrote: »

There are a lot of "could"s in there but very little that is factual.
Until any deal is agreed no one can say with certainty what any consequences will be.
Any such report until a final agreement is reached is therefore pure speculation.

We already know with certainty that the uncertainty created by the Brexit vote is having a serious negative impact on the British economy.

A_Medium_Size_Jock

HAMISH_MCTAVISH wrote: »

We already know with certainty that the uncertainty created by the Brexit vote is having a serious negative impact on the British economy.

No; again some (like yourself) are surmising from various claptrap reports.

Why all the doom & gloom - "nothing has fundamentally changed, but there has been mass hysteria of an impending economic doom. Despite all evidence to the contrary we continue to hear news of low consumer, business and investor confidence. "
http://leave.eu/en/news/2016-08-05/economic-sentiment

"What is impressive is that the shock has thus far been well absorbed and the vote to leave, while disruptive, has not proved a Lehman moment."
http://www.thisismoney.co.uk/money/comment/article-3730053/ALEX-BRUMMER-Brexit-portrayed-biggest-risk-global-recovery-no-signs-doom-yet.html#ixzz4Gp5skSp4

Crashy_Time

http://www.independent.co.uk/news/business/news/brexit-bank-of-england-qe-bonds-gilts-pensions-mark-carney-interest-rates-vat-a7182256.html

HAMISH_MCTAVISH

A_Medium_Size_Jock wrote: »

No; again some (like yourself) are surmising from various claptrap reports.

Ah...

So the BOE and the firms they survey are now just "surmising from various claptrap reports" eh?

I take it you do understand just how desperate and in denial such a comment sounds?

The BOE has now asked firms about post-Brexit-vote investment plans.

60% said they'd cut investment.

0% said they'd increase it.



And on hiring intentions...

55% said they'd reduce hiring.

3% said they'd increase it.

The evidence building up is overwhelming....

The Brexit vote is bad for Britain.

No matter how much denial some Brexiteers are still in.

kabayiri

Joeskeppi wrote: »

She should do some research next time she's asked to vote then.

How inept must Team Remain have been to fail to attract people like this lady.

Her concerns were clearly centred on local spending; in the NHS services she accesses; and the community centre she supports.

I did remind people here that there will be people who vote with a local outlook.

So what did Remain do? They chose "Mr Westminster" to head up the campaign. They have Osborne talking about national average drops in income. They wheel out all the educated London set. I suspect many of them haven't even been to the NE.

Right...make it a vote about the establishment why don't you !

Let's face it. Team Leave really scr*wed this one up.

A_Medium_Size_Jock

HAMISH_MCTAVISH wrote: »

Ah...

So the BOE and the firms they survey are now just "surmising from various claptrap reports" eh?

I take it you do understand just how desperate and in denial such a comment sounds?

The BOE has now asked firms about post-Brexit-vote investment plans.

The BOE asked 270 firms.
Which firms, and out of how many in total Hamish?
Is it really representative?

Read the report and see the contradiction within.

Also, we know how neutral the BOE is following Carney's comments before the referendum don't we?

ETA - the actual report:
http://www.bankofengland.co.uk/publications/Documents/agentssummary/2016/aug.pdf


Also see: http://forums.moneysavingexpert.com/showpost.php?p=71125984&postcount=163

System

kabayiri wrote: »

How inept must Team Remain have been to fail to attract people like this lady.

I don't know, people like this lady don't extend their reach any further than the Daily Mail.