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REMAINERS -there is no recession

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Comments

  • Mogley
    Mogley Posts: 250 Forumite
    Like being invested in the stock markets, nobody can predict the future (as this is a savings and investment board). As individuals in a democratic society we decide how we would like our future to look based on the principles given to us by differing political parties. None of the parties are right, none of them keep their promises but we each vote/choose what we think is best to meet our life expectations.
    I voted remain because I had a vote and this suited me but the opportunities available to Britain when we negotiate the terms of leaving the EU are huge. It's just down to the party elected to run the country to agree the best terms which none of us on here (I don't think) have any control over now (barring a general election).
    You should pay attention to the needs of the moment - otherwise there is no future. But to ignore the future is foolish - living solely for the moment leaves nothing for when the next moment arrives.
  • jimjames
    jimjames Posts: 18,723 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No recession, yet. But lots of significant problems ahead before anything is even decided about what Brexit will mean. News stories from just one day:

    http://www.bbc.co.uk/news/business-37433659
    http://www.bbc.co.uk/news/technology-37417764
    http://www.bbc.co.uk/news/business-37437732
    Remember the saying: if it looks too good to be true it almost certainly is.
  • jimjames
    jimjames Posts: 18,723 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    aspiration wrote: »
    It is too early as nothing has changed dramatically. Still masses of unskilled Eastern Europeans are pouring in and houses are being built to rent to them. Only when border controls are introduced will BREXIT have any effect.
    No border controls needed for Brexit.
    You seem to think that Brexit is something you know the outcome of, reality is that ALL you voted for was to leave the EU. Remaining in EEA, paying into EU and retaining access to single market and freedom of movement are all entirely possible with Brexit.
    What did you think you were voting for?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    jimjames wrote: »
    What did you think you were voting for?

    That's the £350 million quid (a week) question.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • jimjames wrote: »
    ...... Remaining in EEA, paying into EU and retaining access to single market and freedom of movement are all entirely possible with Brexit.......

    Possible. It will then take the form of 95% REMAIN. It will not be BREXIT as understood.

    That is not what BREXITERS voted for.
  • Ashen
    Ashen Posts: 593 Forumite
    Part of the Furniture 500 Posts Name Dropper
    The dumb thing about people jumping on how wrong they think these predictions are said to be, is that the predictions would have been based on Article 50 being invoked, which was what was claimed would happen.

    It hasn't been invoked so far, so anyone measuring the effect of Brexit on the economy at this point in time, or saying that it's proven Brexit hasn't had an effect, is just daft.
  • Ashen
    Ashen Posts: 593 Forumite
    Part of the Furniture 500 Posts Name Dropper
    aspiration wrote: »
    That is not what BREXITERS voted for.
    People voted to leave the European Union. Anything at all which fits that criteria is valid, whether you like it or not.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    jimjames wrote: »
    No recession, yet.

    Requires two quarters of negative growth to be classified as a recession. Even then most people probably wouldn't even notice.
  • jimjames
    jimjames Posts: 18,723 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 22 September 2016 at 3:11PM
    Ashen wrote: »
    People voted to leave the European Union. Anything at all which fits that criteria is valid, whether you like it or not.
    aspiration wrote: »
    Possible. It will then take the form of 95% REMAIN. It will not be BREXIT as understood.

    That is not what BREXITERS voted for.
    Maybe you ought to have read the ballot paper a bit more closely. As per Ashen that was exactly what you voted for regardless of what you might have imagined.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Ballard
    Ballard Posts: 2,983 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    jimjames wrote: »
    Maybe you ought to have read the ballot paper a bit more closely. As per Ashen that was exactly what you voted for regardless of what you might have imagined.

    IIRC, Vote Leave suggested the 'Norway model' as a possible way for the U.K. and that isn't even what most Brexiters wanted.
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