Quote:
Originally Posted by Qtx
Perception of the situation is going to play a huge part as to how well of bad we do out of the brexit.
If opinion says that brexit will be great for us actually, investments will be made and the positive ball will start rolling. A negative opinion and no investments helps the fall the other way.
Who influences those perceptions? It will be the media that propagates the positive or negative vibe and it will spiral from there.
Business and the effects of leaving which are not based on perception, such as importing and exporting and price of the £, we obviously have to take note of and the effects are real. But allowing that to change perception more drastically than it needs to is just going to influence the perception based on how the media reports it too.
So much reliance on a banking system which I feel is fundamentally flawed in the way it works and how it influences everything.
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That's why so much of the reporting and comment in the days after the vote was so ridiculously over the top and irresponsible. The media almost has a vested interest in projecting the worst case scenario and that doesn't just apply to Brexit, we see it all the time when there's a need to fill the airwaves with something. Nobody sensible is arguing that the media should present only the positive but I think there's a need for the mainstream media to behave with some responsibility rather than hyping up everything negative, stirring up panic and thereby weakening our bargaining position.