Quote:
Originally Posted by Mick
Yes, like OB says, all other forecasts have been inaccurate so far... the one you posted falls in to the same realms of falsehoods.
|
How do you know without reading it? Part of the article concentrates on how far out forecasts are and using this as a model for the counterfactual numbers. It is very open in the fact that both the negative and positive predictions were wrong. The article runs a meta analysis of various predictions. Most importantly it uses data from the last 18 months, not predictions of the future. But hey, what does the FT know about money
---------- Post added at 19:22 ---------- Previous post was at 19:17 ----------
Quote:
Originally Posted by OLD BOY
It's just a forecast. Most forecasts about our economy have been incorrect, basically because far too much emphasis has been put to the negatives and not enough to the positives.
|
Again, the article is analysis of the past 18 months, not the future. It shows the how the economy has performed and runs three different models to assess what the expected performance would be if we didn’t vote to leave, giving a total of 14 different models. The analysis used models from pro Brexit think tanks as well as establishment numbers.