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Why are leavers so angry

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Comments

  • Shaka_Zulu
    Shaka_Zulu Posts: 1,689 Forumite
    Britain’s vote to leave the EU is finally feeding through to the UK economy, according to a Guardian analysis that shows rising inflation is offsetting brisk trade for businesses.

    Inflation of 1.2%? Is that what you are getting excited about? It wasn't long ago that the Governor of the Bank of England had to write a letter explaining why inflation had fallen below 2%.

    You might also like to note that the US have just raised interest rates that will also have an indirect effect on inflation.

    Not much can actually be attributed to Brexit.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Since your Brexit vore the value of the £ has plummeted from 100 INR to only just above 80. A 20% fall in 6 months. And thats against a currency that typically runs at 5% to 10% inflation.
    ...

    I still do business with Indian companies, and did so immediately after the currency drop. Yes, costs increase, but I don't see this reversing the trend.

    So why do you think it will stop India developing?
  • Shaka_Zulu
    Shaka_Zulu Posts: 1,689 Forumite

    Maybe the Welsh steel workers can start to be paid in rupees. Or maybe as Brexiteers they can just keep jamming their heads up one another's a$$es and pretending everything is fine.

    Or how about Welsh Steel will now be cheaper to buy in India. They can also afford to buy more Scotch etc sounds like a win.
  • Shaka_Zulu
    Shaka_Zulu Posts: 1,689 Forumite
    mayonnaise wrote: »
    Now... the above forecasts may or may not prove to be correct


    Even bigger shock scenario:- the banks in Italy, Germany etc start to fail causing severe downturn in the EU however post brexit UK is insulated from the worst of the crisis.

    Has as much chance of being correct as any of the "official" scenarios that have so often turned out to be wrong in the past.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    mayonnaise wrote: »
    I know I'm wasting my time in this post-truth world we live in, but here goes anyway.
    HM Treasury Analysis: The immediate economic impact of leaving the EU.
    Please note the word 'Leaving'.
    Not 'voting to leave'.

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/524967/hm_treasury_analysis_the_immediate_economic_impact_of_leaving_the_eu_web.pdf

    Couple of snippets.



    Shock scenario.

    Severe shock scenario.


    Now... the above forecasts may or may not prove to be correct, but to state that 'the forecasts have been proven wrong' is just laughable.

    so basically you are saying there is no evidence of any harm to date.

    do you have faith in the likely accuracy of these forecasts : if so is it based on their proven forecasting track record over the last 10 years or so?
  • Fella wrote: »

    To address your first point, it's not a "conspiracy theory", there is a very real chance of an election next year. Here are the odds:

    http://www.oddschecker.com/politics/british-politics/next-uk-general-election/year-of-next-general-election


    .

    Does anyone still take this sort of data seriously? It only shows what people (the narrow section who bet on elections) think now. .

    You think that some left wing coalition might get elected next year to subvert the democratic will? An election next year would mean what? May cutting and running to wrongfoot the opposition? Or you think May might seek a mandate to do the very opposite of what she has said for the previous year?

    It seems a bit of a Walter Mitty fantasy to me :)
  • Shaka_Zulu wrote: »
    Even bigger shock scenario:- the banks in Italy, Germany etc start to fail causing severe downturn in the EU however post brexit UK is insulated from the worst of the crisis.

    Has as much chance of being correct as any of the "official" scenarios that have so often turned out to be wrong in the past.

    UK is already insulated from the Euro, but would not be immune from the consequences of the scenario you paint. That is as true in the EU as out.
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    Tony_Geo wrote: »
    Does anyone still take this sort of data seriously? It only shows what people (the narrow section who bet on elections) think now. .

    It's not data, it's something tangible you can bet on. If I was as certain of when the election (wouldn't) be as some on here claim to be I'd be filling my boots at those odds, quite seriously.
    Tony_Geo wrote: »
    You think that some left wing coalition might get elected next year to subvert the democratic will? An election next year would mean what? May cutting and running to wrongfoot the opposition? Or you think May might seek a mandate to do the very opposite of what she has said for the previous year?

    It seems a bit of a Walter Mitty fantasy to me :)

    After the elections of Corbyn to Labour leadership, then Trump to President, are you seriously saying that a surprise result in a UK election is unthinkable?
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Fella wrote: »
    Not going to acknowledge how wrong you were (again) then, this time regarding the certainty that the current Govt will be in power at the time of Brexit? Adhttp://www.moneysavingexpert.com/latesttip/?_ga=1.26212989.1518069301.1356119480mirable.

    If you bother to read what I wrote in #255 you will see that I twice conceded that it was possible that the current Government would not be in power at the time of Brexit. (There two for the price of one:) ).

    I guess you were too focussed on my assertion of a conspiracy theory. Well maybe you would use a different term, but I suggest that it unlikely that there will be a general election in 2017, and even if there were it is unlikely that an anti-Brexit coalition would be elected.

    But given your theory do you not accept the point in my last paragraph quoted below?
    It was very clear what you said. Your conspiracy theories apart, the process is quite clear that the present Government will trigger Article 50 and two years after that will still be in power and able to ensure that we leave the EU by simply refusing any extension whatever the EU27 propose/want.

    Your conspiracy theory is that May would (a) Risk her credibility by agreeing an extension (b) fight a general election with half of her party favouring an extension and half opposed to it.

    Well yes I agree it is possible but what would happen at the next election if she did that?

    And yes it is also possible that a new political force fights the next election pledged to re-apply for EU membership. But is any of this really likely?

    Even if it happens, no referendum can bind future generations and future Governments elected on manifestos (including promises to hold other referendums) are not banned from implementing such policies. It is democracy.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    mayonnaise wrote: »
    I know I'm wasting my time in this post-truth world we live in, but here goes anyway.
    HM Treasury Analysis: The immediate economic impact of leaving the EU.
    Please note the word 'Leaving'.
    Not 'voting to leave'.

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/524967/hm_treasury_analysis_the_immediate_economic_impact_of_leaving_the_eu_web.pdf

    Couple of snippets.



    Shock scenario.

    Severe shock scenario.


    Now... the above forecasts may or may not prove to be correct, but to state that 'the forecasts have been proven wrong' is just laughable.
    Your analysis is lost on the brexitards, they cling on desperately to any sign of relatively good news as a sign that it'll all be fine.....and yet day after day after day links are put on here showing them how wrong they are and they just ignore the evidence. As Gove put it....we shouldn't listen to experts.............so on that basis I should ignore the medical 'expert' and listen to the corner shop alternative therapist who tells me that my broken leg can be healed with an ointment. :rotfl:
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