The Brexit boost

Aberdeenangarse

Step forward David Cameron, George Osborne, Alistair Darling, Mark Carney, Christine Lagarde and all the other politicians and experts who predicted that Britain would go to hell in a handcart if we voted to leave the European Union. Time to explain yourselves.

According to your Project Fear prognosis, the UK would need an emergency Brexit Budget to put up taxes, petrol prices and slash NHS spending to plug a £40billion black hole in the event of a Leave vote.

You also warned the UK might dip into a 'technical recession', that hundreds of thousands of jobs would be lost as swathes of foreign banks and overseas owners would flee the country, that foreign investors would stop coming and that house prices would collapse.

http://www.dailymail.co.uk/money/comment/article-3745625/MAGGIE-PAGANO-Jobs-sterling-steady-stock-market-close-new-high-mini-Brexit-boost.html

Happy days!

cells

The UK is still in the EU. At least for another 2-3 years.

Of course if we Brexit, and the population still manages to grow by 10 million in the next 20 years, things will boom. Though I suspect most the leave voters did not have in mind +10 million people in 20 years when they ticked their boxes

System

The stock market is overvalued caused by central bankers policies. The bubble will pop...but before it happens, please let the boom continue as I'm making money on my investments.

mayonnaise

So the UK, while still benefiting from single market access and free movement of labour is doing well.
Good to know.

A_Medium_Size_Jock

mayonnaise wrote: »

So the UK, while still benefiting from single market access and free movement of labour is doing well.
Good to know.

So despite the UK being advised that immediate consequences of Brexit would be doom and damnation and yet STILL voting to leave, the consequences so far are that we are actually doing quite well?
THAT is good to know.

Conrad

mayonnaise wrote: »

So the UK, while still benefiting from single market access and free movement of labour is doing well.
Good to know.

We'll never manage to construct a decent trading relationship with our European friends, everything will go darn the pan I tell ya, no hope for us alas.....

mayonnaise

A_Medium_Size_Jock wrote: »

So despite the UK being advised that immediate consequences of Brexit would be doom and damnation and yet STILL voting to leave, the consequences so far are that we are actually doing quite well?
THAT is good to know.

As we haven't brexited yet, it's quite difficult to judge the consequences, wouldn't you agree?

wotsthat

A few weeks from the vote, the Brexit team are arguing about who gets the country residence and who gets to sit next to miss, no sign whatsoever of a plan, a few bits of post referendum data, the nuclear winter hasn't started and yet Brexit (yet to happen in a form unknown) has turned out to be a roaring success.

There's a strong smell of confirmation bias.

A_Medium_Size_Jock

mayonnaise wrote: »

As we haven't brexited yet, it's quite difficult to judge the consequences, wouldn't you agree?

So despite the UK being advised that immediate consequences of Brexit would be doom and damnation and yet STILL voting to leave, the consequences so far are that we are actually doing quite well?
THAT is good to know.

And:

all the other politicians and experts who predicted that Britain would go to hell in a handcart if we voted to leave

We may not have left yet BUT we have voted our intent to leave, and the supposed dire consequences of even daring to vote leave are in the public domain.
Some of which are pointed towards in the OP.

You really can't have your cake and eat it.

wotsthat:"There's a strong smell of confirmation bias."

There's an even stronger smell of denial that there could ever possibly prove to be any positive outcomes.

DividedNation

mayonnaise wrote: »

As we haven't brexited yet, it's quite difficult to judge the consequences, wouldn't you agree?

No it is quite easy to judge the consequences, rising employment, falling sales, a stock market crash, Mark Carney predicted all these, and of course he got the *ALL WRONG*.

Massively wrong, isn't it about time he went?

The reality is Brexit has been a boost to all area's of the economy, a part from the pound which Carney is determined to destroy.

He has economic policies in place appropriate for a crash, instead we have a boom.

He should be raising rates and ending money printing instead he is doing the opposite.

DividedNation

mrlegend123 wrote: »

The stock market is overvalued caused by central bankers policies. The bubble will pop...but before it happens, please let the boom continue as I'm making money on my investments.

Yes Carney has over cooked the market.

He is an idiot.