29-11-2018, 19:30
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#3933
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Wisdom & truth
Join Date: Jul 2009
Location: RG41
Services: RG41: 1Gig VOLT
Rutland: Gigaclear 400/400
Posts: 12,616
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Re: Brexit
Quote:
Originally Posted by jfman
Describing emotion driven nationalist politics is irrational compared to say, economics, is an entirely appropriate in these circumstances.
If the glorious future was all sugar and candy surely the Government and Bank of England would be first to crow about it?
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What's that got to do with anything.
Carney got it wrong when he joined Project Fear in 2016. So it is right to be suspicious of his utterances now as to what will happen over the coming years. Too many variables and it doesn't take into account what our business enterprises will achieve. The guvmin stats assume 100% reduction in immigration!
Furthermore, when the stupid guvmin is spinning the "worse off" argument in a skewed way.
https://www.bbc.co.uk/news/uk-politics-46366162
The guvmin admits that the UK economy will grow under all scenarios, but in a no deal scenario, it will grow 9.3% less than it would have done had we remained. In other words, the price of no deal would be that by 2030 the economy will have grown by 90.7% of what it would have if the predictions were correct. I'll buy that.
__________________
Seph.
My advice is at your risk.
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