IMF says leaving the EU is a significant risk.

kabayiri

I predict that the growth in the number of economists; economic commentators; financial media pundits; will continue.

If this were the sole determinant of economic power we would be Number 1 !!

Meanwhile, China and India will continue to simply buy more assets around the world; and make more things that the West currently makes; and try and retain more of the profit themselves.

CLAPTON

padington wrote: »

London was a shabby place in the eighties when people were leaving in droves. Now it's a the world Capital after two decades of fresh blood.

I don't see what there is to not like. If you missed the house price boat, go to the next up and coming cities to London and keep immigration raising and with good leadership, the same will happen their.

London was a great place in the eighties
far more are leaving now that in the eighties.
but I agree that the main reason for the lack of family sized house in London is immigration.

BobQ

CLAPTON wrote: »

no the argument is that the IMF is usually wrong
and the consensus views were
-the UK should have joined the euro otherwise we were certain to collapse
-the consensus failed to predict the financial meltdown in 2007-8
-the consensus has been consistently wrong every single year since 2007.
-the consensus can't even solve the problems of a small insignificant country like greece.
-all evidence shows that the EU doesn't behave 'rationally' but politically.

Clapton, I have no reason to doubt this but can you point me towards any neutral website that states this was the case?

Thrugelmir

CLAPTON wrote: »

no the argument is that the IMF is usually wrong

The IMF itself holds a myriad of views. Not black and white as the media portrays.

CLAPTON

BobQ wrote: »

Clapton, I have no reason to doubt this but can you point me towards any neutral website that states this was the case?

what substantial point are you wanting to make?
That the IMF correctly said DON'T JOIN?

do you feel IMF has a good track record ?

antrobus

BobQ wrote: »

Clapton, I have no reason to doubt this but can you point me towards any neutral website that states this was the case?

Does the BBC qualify as a 'neutral' website?

The claim: Andrea Leadsom MP says the Bank of England, the IMF and the US all said the UK should adopt the euro.

Reality Check verdict: None of these three recommended the UK should adopt the euro.

http://www.bbc.co.uk/news/uk-politics-eu-referendum-36341530

CLAPTON wrote: »

what substantial point are you wanting to make?
That the IMF correctly said DON'T JOIN?

do you feel IMF has a good track record ?

I think that the "substantial point" that BobQ wanted to make is that the IMF never came out in favour of the UK joining the Euro.

antrobus

Running_Horse wrote: »

...The head of the International Monetary Fund arrived in the dock of a Paris courtroom today as she braced herself to be formally charged with embezzlement and fraud.

What is even more damning is the revelation that Ms Lagarde is a "retired synchronised swimming star". Synchronised foxin swimming !!!!!!.

CLAPTON

antrobus wrote: »

Does the BBC qualify as a 'neutral' website?

The claim: Andrea Leadsom MP says the Bank of England, the IMF and the US all said the UK should adopt the euro.

Reality Check verdict: None of these three recommended the UK should adopt the euro.

http://www.bbc.co.uk/news/uk-politics-eu-referendum-36341530



I think that the "substantial point" that BobQ wanted to make is that the IMF never came out in favour of the UK joining the Euro.

the substanial point is whether or not the IMF has a very good record of economic competence.

whilst I think they are always worth listening to, their record is poor like CBI etc ect so I do not think their view on brexit is in any way relevant.

antrobus

CLAPTON wrote: »

the substanial point is whether or not the IMF has a very good record of economic competence.

Successes of the International Monetary Fund: Untold Stories of Cooperation at Work
https://www.amazon.co.uk/Successes-International-Monetary-Fund-Cooperation/dp/0230578098/276-2620519-3003848?ie=UTF8&*Version*=1&*entries*=0

Perhaps they've done some things right. Although I don't think the authors are necessarily all that unbiased.

CLAPTON wrote: »

...whilst I think they are always worth listening to, their record is poor like CBI etc ect so I do not think their view on brexit is in any way relevant.

Something tells me that if the headline read 'IMF says leaving the EU poses no risk' you'd be arguing the exact opposite.

BobQ

CLAPTON wrote: »

what substantial point are you wanting to make?
That the IMF correctly said DON'T JOIN?

do you feel IMF has a good track record ?

You are being obtuse. The question I asked is whether those statements about the IMF were based on evidence and where is it?

If you chose not to answer the credibility of the claim is questionable.