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Old 03-06-2016, 22:47   #2473
Damien
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by Osem View Post
The same large body of economic opinion that failed to see the 2008 crisis coming you mean? That thought joining the Euro was a great idea? Let's forget what if's and look at right now eh? It doesn't take a large body of opinion to know how badly the EU is doing right now and that no solution to the many serious problems it faces has yet been found. Now that's real uncertainty for you.
I don't think the economists are infallible but if they're all saying one thing and the other side's rebuttal is simply that they're wrong then I give more credibility to the former. Many of these organisations are neutral and spent a lot of time studying these things, the nature of economics means they don't have 100% success rate but I value expertise and study, even if it can be wrong, over blind assertion. As I have mentioned before economically literate papers such as The Economist and the FT also believe these warnings to be credible in their coverage.

This is just a re-run of the Scottish Referendum. A lot of organisations saying it was bad for both economies, that it would give a big economic hit and would harm living standards. They weren't dismissed so readily then (although ironically they are now embraced by the same people who saw them as establishment stooges then, a.k.a the SNP).

---------- Post added at 22:47 ---------- Previous post was at 22:20 ----------

Quote:
Originally Posted by Osem View Post
but I'll grant you roaming charges may go up as a result...
I know that isn't an entirely serious line but I was in three different European countries over the last couple of months and got a pretty expense phone bill as a result. No more roaming charges would be very welcome.
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