The economic consequences of Brexit

[powerstroke]

///ajd said:

paulrockliffe said:

How many pro-brexit news items did the BBC run? in the period they must have run up thousands of articles on the subject just on their own. Your stats don't mean anything, but maybe start looking forwards rather than backwards?

How much anti-EU and anti-immigration bile has the dw et al spouted over the last 15 years?

It is has been so unrelenting its become the accepted norm for some.

How much bile have the Mirror , the BBC and the Guardian spouted over the years ??
It's become the accepted norm for some !!! Your point ?????

[anonymous-user]

Dr Jekyll said:

BMRuss said:

At the end of the day (nearly) the vote was all about immigration, that was the overriding factor,

No it wasn't.

It was in large swathes if the country. It's the first thing most say when interviewed on news programmes etc
Especially in areas of the country where EU labour is needed due to the locals showing no desire to work..

[powerstroke]

Jimboka said:

Dr Jekyll said:

BMRuss said:

At the end of the day (nearly) the vote was all about immigration, that was the overriding factor,

No it wasn't.

It was in large swathes if the country. It's the first thing most say when interviewed on news programmes etc
Especially in areas of the country where EU labour is needed due to the locals showing no desire to work for less than a living wage..

EFA....

[anonymous-user]

Jimboka said:

Especially in areas of the country where EU labour is needed due to the locals showing no desire to work..

...for peanuts.

[BMRuss]

Dr Jekyll said:

No it wasn't.

Yes, it really was, up to you to have your own opinion, but mine is firmly that Brexit was about controlling immigration, daft to think otherwise.

[WinstonWolf]

BMRuss said:

Dr Jekyll said:

No it wasn't.

Yes, it really was, up to you to have your own opinion, but mine is firmly that Brexit was about controlling immigration, daft to think otherwise.

It's daft to think you know what other people think, personally I think it shows breathtaking arrogance. Politicians made the same mistake as you.

[anonymous-user]

Raygun said:

Jimboka said:

Especially in areas of the country where EU labour is needed due to the locals showing no desire to work..

...for peanuts.

Unfortunately low paid jobs usually get offered to people who are not working. There is not much incentive to work when you can get your rent, council tax and a small amount of money for food and bills, without going to work.

It's a vicious circle.

[Andy Zarse]

Jimboka said:

Dr Jekyll said:

BMRuss said:

At the end of the day (nearly) the vote was all about immigration, that was the overriding factor,

No it wasn't.

It was in large swathes if the country. It's the first thing most say when interviewed on news programmes etc
Especially in areas of the country where EU labour is needed due to the locals showing no desire to work..

Yes, I'll take your anecdotes over hard data collated by professionals every time. Meanwhile for them as don't agree here's a summary...
http://lordashcroftpolls.com/2016/06/how-the-unite...

[FN2TypeR]

I still chuckle at the idea of 4% of UKIP voters opting for remain, for some reason.

[Burwood]

Andy Zarse said:

Jimboka said:

Dr Jekyll said:

BMRuss said:

At the end of the day (nearly) the vote was all about immigration, that was the overriding factor,

No it wasn't.

It was in large swathes if the country. It's the first thing most say when interviewed on news programmes etc
Especially in areas of the country where EU labour is needed due to the locals showing no desire to work..

Yes, I'll take your anecdotes over hard data collated by professionals every time. Meanwhile for them as don't agree here's a summary...
http://lordashcroftpolls.com/2016/06/how-the-unite...

Thanks for the link Andy. Interesting that 43% of the Remain vote was because they were worried about the economic impact. And nothing much happened despite the best efforts of the Govt/BOE to put the frighteners up us.

[walm]

Burwood said:

Thanks for the link Andy. Interesting that 43% of the Remain vote was because they were worried about the economic impact. And nothing much happened despite the best efforts of the Govt/BOE to put the frighteners up us.

Yet.

[Digga]

walm said:

Burwood said:

Thanks for the link Andy. Interesting that 43% of the Remain vote was because they were worried about the economic impact. And nothing much happened despite the best efforts of the Govt/BOE to put the frighteners up us.

Yet.

^This. In reality no one knows. We have roughly 30 months to find out.

Hands inside the car, no screaming.

[Pan Pan Pan]

walm said:

Burwood said:

Thanks for the link Andy. Interesting that 43% of the Remain vote was because they were worried about the economic impact. And nothing much happened despite the best efforts of the Govt/BOE to put the frighteners up us.

Yet.

Why do people seem to want to imply that economic certainty existed if we remained in the EU? No such certainty existed before we were in the EEC/EU, it did not exist whilst we were in the EU, and whether we remained or left the EU it would not exist in the future either. The economic certainty that some seem to believe exists in the EU is just a myth. Those that believe it does exist in the EU, should talk to Greece/Italy/Spain amongst an number of other countries who have find that membership of the EU does not result in economic certainty. Even Germany will find to its cost that such certainty does not exist, just because it is a member of the EU, even though it is the controlling member of the corrupt, undemocratic, resource, and money grabbing monster it has become.

[walm]

Pan Pan Pan said:

Why do people seem to want to imply that economic certainty existed if we remained in the EU? No such certainty existed before we were in the EEC/EU, it did not exist whilst we were in the EU, and whether we remained or left the EU it would not exist in the future either. The economic certainty that some seem to believe exists in the EU is just a myth. Those that believe it does exist in the EU, should talk to Greece/Italy/Spain amongst an number of other countries who have find that membership of the EU does not result in economic certainty. Even Germany will find to its cost that such certainty does not exist, just because it is a member of the EU, even though it is the controlling member of the corrupt, undemocratic, resource, and money grabbing monster it has become.

In fairness, (and I happily admit that I was wrong on this as a Remainer), Project Fear implied Armageddon almost immediately post Brexit.
Clearly that was wrong.
For many it remains business as usual for now.
And in particular, so far, the all-important consumer doesn't appear to give a flying f@ck about it all.

The Bank's actions have helped hugely.

Of course this could/will all change over the next 24 months.

[London424]

walm said:

Pan Pan Pan said:

Why do people seem to want to imply that economic certainty existed if we remained in the EU? No such certainty existed before we were in the EEC/EU, it did not exist whilst we were in the EU, and whether we remained or left the EU it would not exist in the future either. The economic certainty that some seem to believe exists in the EU is just a myth. Those that believe it does exist in the EU, should talk to Greece/Italy/Spain amongst an number of other countries who have find that membership of the EU does not result in economic certainty. Even Germany will find to its cost that such certainty does not exist, just because it is a member of the EU, even though it is the controlling member of the corrupt, undemocratic, resource, and money grabbing monster it has become.

In fairness, (and I happily admit that I was wrong on this as a Remainer), Project Fear implied Armageddon almost immediately post Brexit.
Clearly that was wrong.
For many it remains business as usual for now.
And in particular, so far, the all-important consumer doesn't appear to give a flying f@ck about it all.

The Bank's actions have helped hugely.

Of course this could/will all change over the next 24 months.

And this is why another referendum is pointless. All the doom and gloom scenarios prophesied to happen, basically haven't. What would be the argument to convince people to vote to remain?

[Andy Zarse]

walm said:

Pan Pan Pan said:

Why do people seem to want to imply that economic certainty existed if we remained in the EU? No such certainty existed before we were in the EEC/EU, it did not exist whilst we were in the EU, and whether we remained or left the EU it would not exist in the future either. The economic certainty that some seem to believe exists in the EU is just a myth. Those that believe it does exist in the EU, should talk to Greece/Italy/Spain amongst an number of other countries who have find that membership of the EU does not result in economic certainty. Even Germany will find to its cost that such certainty does not exist, just because it is a member of the EU, even though it is the controlling member of the corrupt, undemocratic, resource, and money grabbing monster it has become.

In fairness, (and I happily admit that I was wrong on this as a Remainer), Project Fear implied Armageddon almost immediately post Brexit.
Clearly that was wrong.
For many it remains business as usual for now.
And in particular, so far, the all-important consumer doesn't appear to give a flying f@ck about it all.

The Bank's actions have helped hugely.

Of course this could/will all change over the next 24 months.

Correct. The immediate impacts set out by Project Fear have proved to be unfounded. One of the most egregious players was Carney, saying the cost of mortgages would go up. Of course his first action was to cut interest rates (quite wrongly and unnecessarily in my view, but that's not relevant to my point).

Lies have been exposed on both sides of the arguement, but provided a reasonable Brexit agreement is reached with our partners I cannot see any possibility whatsoever of the British people voting for the UK to return to the clutches of the EU.

Edited by Andy Zarse on Friday 23 September 12:33

[Digga]

If you want to discuss uncertainty, look no further than Juncker. Even before Brexit, the UK was still persona non grata as far as the hard-line EU officials were concerned, because of our various opt outs (lack of coercion to the currency and sovereignty experiment) and we regularly saw threats on many and various fronts, not least our financial sector. So there wasn't really any guarantee of stability or status quo.

[powerstroke]

Digga said:

If you want to discuss uncertainty, look no further than Juncker. Even before Brexit, the UK was still persona non grata as far as the hard-line EU officials were concerned, because of our various opt outs (lack of coercion to the currency and sovereignty experiment) and we regularly saw threats on many and various fronts, not least our financial sector. So there wasn't really any guarantee of stability or status quo.

No!!! before we voted Leave everything in the garden was rosy, it was all fluffy love and then brexit ruined everything the stock market will pack up and take the banks with them etc etc !!!!!!

[AC43]

Digga said:

walm said:

Burwood said:

Thanks for the link Andy. Interesting that 43% of the Remain vote was because they were worried about the economic impact. And nothing much happened despite the best efforts of the Govt/BOE to put the frighteners up us.

Yet.

^This. In reality no one knows. We have roughly 30 months to find out.

Hands inside the car, no screaming.

LOL

[paulrockliffe]

walm said:

Pan Pan Pan said:

Why do people seem to want to imply that economic certainty existed if we remained in the EU? No such certainty existed before we were in the EEC/EU, it did not exist whilst we were in the EU, and whether we remained or left the EU it would not exist in the future either. The economic certainty that some seem to believe exists in the EU is just a myth. Those that believe it does exist in the EU, should talk to Greece/Italy/Spain amongst an number of other countries who have find that membership of the EU does not result in economic certainty. Even Germany will find to its cost that such certainty does not exist, just because it is a member of the EU, even though it is the controlling member of the corrupt, undemocratic, resource, and money grabbing monster it has become.

In fairness, (and I happily admit that I was wrong on this as a Remainer), Project Fear implied Armageddon almost immediately post Brexit.
Clearly that was wrong.
For many it remains business as usual for now.
And in particular, so far, the all-important consumer doesn't appear to give a flying f@ck about it all.

The Bank's actions have helped hugely.

Of course this could/will all change over the next 24 months.

Problem was those predictions assumed no policy response. IE the government was going to sit on its hands while it all fell apart.