Re: Brexit
 

Jacob Rees-Mogg calls Mark Carney a 'failed-second tier politician'


Jacob Rees-Mogg has launched a personal attack on the Bank of England Governor Mark Carney, saying he should not have been in the post for some time.


https://www.bbc.co.uk/news/av/uk-pol...ier-politician

Re: Brexit
 

Name calling and personal insults is what one would expect from Jacob Rees-Mogg..

Re: Brexit
 

Yeah, I think I will take the opinions of someone who was;

• Ex-Managing Director of investment banking for Goldman Sachs
• Former Governor of the Bank of Canada whose actions were credited with the stability of Canadas economy during the 2008 financial crisis
• Headhunted for the Bank of England role

over someone whose responsibility ends at sniping from the back benches

Mark Carney is a real technocrat but his actions to date show he's effective in his roles at the Bank of Canada and Bank of England

Re: Brexit
 

He probably thinks Canada is still a British colony.

Also when Brexit happened the Bank of England seemed to be the only ones with a plan. Cameron resigned, Vote Leave members were stabbing each other in the back to become PM. The BoE stabilised the markets and were in control.

Re: Brexit
 

Absolute claptrap. He is a fecking embarrassment to BoE. Mervyn King was a much better Governor and he believes in Brexit.

Re: Brexit
 

How is he an embarrassment? He seems to be much more concentrated on monetary policy unlike Mervyn King who wandered in to fiscal matters outside his remit.

Re: Brexit
 

He is no such thing. More a Political intervention expert.

Re: Brexit
 

He’s only embarrassing because his predictions, and his prominence, is inconvenient for those in favour of Brexit.

The real problem is none of them can prove wrong and of his predictions with any kind of credibility at all, whereas he speaks with the credibility of his office and institution.

Re: Brexit
 

Complete bollocks. Nothing you Remainers says holds any credibility, just bizarre love for a corrupted union. All project fear predictions that have been weighed in by you lot have turned out to be pure fiction.

Re: Brexit
 

They're not 'his' predictions, the BoE has a staff.....

Re: Brexit
 

As the government have a chancellor who is basically agrees with everything the BoE says.

Re: Brexit
 

That clown would. Doesn’t make him right. :rolleyes:

Re: Brexit
 

Yet nobody can make a compelling argument against him, Hammond or anyone else offering economic analysis of the situation. No fact based rebuttals, just emotion driven lines about sovereignty.

If Brexit happens (which I doubt) and it works it’ll be by pure chance. Not because of the efforts of anyone in the Leave campaign, anyone in the negotiations or anyone in government making preparations.

I have no love for the European Union, again attributing irrational emotions to a situation that doesn’t require it.

Re: Brexit
 

Well he also listens to the Treasury. It would be a weird chancellor who'll dismiss the advise of both of his own department and of the BoE.

Re: Brexit
 

And as I said in a previous post, the treasury often gets its forcasts very wrong.

---------- Post added at 17:50 ---------- Previous post was at 17:45 ----------

Enough of the irrational talk BS, you ain’t fooling me, I was not born yesterday.