Thread: Brexit (Old)
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Old 01-12-2018, 11:36   #4074
1andrew1
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Re: Brexit
Quote:
Originally Posted by Damien View Post
So what do you think will happen to the economy after Brexit?

The BoE are creating scenarios based on different outcomes. They are informed estimates of what would happen in those scenarios by people who are proficient in the numbers and their field.

People on here have been pretty happy with such estimates when it comes to speculation on a Corbyn government, or an Ed Miliband government, but when it comes to Brexit less so.
I think Professor Brian Cox has a good angle on this:
Quote:
Politics today is split into people who understand modelling and probability and the quantification of uncertainty and people who don’t.
https://twitter.com/ProfBrianCox/sta...01464436948992
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