29-11-2018, 20:21
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#3946
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,233
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Re: Brexit
Well there’s plenty of evidence as published in economic forecasts from our Treasury and our Bank of England?
Are these institutions essentially committing sabotage on our economy? If so, for what purpose? To what end? Who benefits?
Do these individuals/institutions care enough to lie? Again, if they do, how do they gain from being fundamentally dishonest?
In practice they have no motive to lie.
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29-11-2018, 20:24
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#3947
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cf.mega poster
Join Date: Jan 2004
Location: #Plagueisland
Age: 53
Services: VM VIP Pack
Posts: 1,664
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Re: Brexit
Interesting article on the resilience of the UK after the vote - https://www.ft.com/content/6aec5eb8-...b-6bb07f5c8e12 (you may need to Google ‘Six reasons for UK resilience since Brexit vote’ to get around any paywall issues)
It includes the BofE pumping £70bn in as quantitative easing and offering a £250bn balance fund to prevent runs on banks and the dropping of interest rates. A similar approach to what was used during the 2008 crisis in Canada by that ‘remoaner clown’ to great success.
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29-11-2018, 20:46
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#3948
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Permanently Banned
Join Date: Jan 2012
Location: Near France
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150mb broadband
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Posts: 1,817
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Re: Brexit
Talking about Mark Carney who has the final say to who gets to be put on the new polymer £50 note... It is supposed to be a scientist... Margret Thatcher has been one of the people proposed. Yikes!!!!
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29-11-2018, 21:02
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#3949
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Sad Doig Fan!
Join Date: Aug 2007
Location: Barry South Wales
Age: 67
Services: With VM for BB 250Mb service.(Deal)
Posts: 11,647
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Re: Brexit
Quote:
Originally Posted by richard s
Talking about Mark Carney who has the final say to who gets to be put on the new polymer £50 note... It is supposed to be a scientist... Margret Thatcher has been one of the people proposed. Yikes!!!!
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Are you suggesting Maggie wasn't a scientist?
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29-11-2018, 21:03
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#3950
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Still alive and fighting
Join Date: Jun 2007
Location: In the land of beyond and beyond.
Services: XL BB, 3 360 boxes , XL TV.
Posts: 56,296
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Re: Brexit
Quote:
Originally Posted by pip08456
Are you suggesting Maggie wasn't a scientist?
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She was a scientist in her early days.
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“The only lesson you can learn from history is that it repeats itself”
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29-11-2018, 21:03
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#3951
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Sad Doig Fan!
Join Date: Aug 2007
Location: Barry South Wales
Age: 67
Services: With VM for BB 250Mb service.(Deal)
Posts: 11,647
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Re: Brexit
Quote:
Originally Posted by jfman
Well there’s plenty of evidence as published in economic forecasts from our Treasury and our Bank of England?
Are these institutions essentially committing sabotage on our economy? If so, for what purpose? To what end? Who benefits?
Do these individuals/institutions care enough to lie? Again, if they do, how do they gain from being fundamentally dishonest?
In practice they have no motive to lie.
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Who has accused them of lying or sabotaging our economy?
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29-11-2018, 21:12
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#3952
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,233
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Re: Brexit
Quote:
Originally Posted by pip08456
Who has accused them of lying or sabotaging our economy?
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If people are denying that these forecasts are reasonable, or accusing them of being biased, then that is essentially the an accusation that they are lies. As the words of the head of Central Banks, or Finance Ministers, can provoke market reaction then the accusation they would knowingly talk down the economy despite evidence otherwise is essentially sabotage.
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29-11-2018, 21:26
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#3953
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Remoaner
Cable Forum Team
Join Date: Mar 2004
Posts: 32,206
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Re: Brexit
Quote:
Originally Posted by pip08456
Are you suggesting Maggie wasn't a scientist?
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This is a bit off topic but I think my problem with this is that if the point is to put a scientist on the note then it seems a bit of a loophole to put Thatcher on there since her significance is not for her scientific work, even if we do like soft serve ice cream.
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29-11-2018, 21:50
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#3954
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Sad Doig Fan!
Join Date: Aug 2007
Location: Barry South Wales
Age: 67
Services: With VM for BB 250Mb service.(Deal)
Posts: 11,647
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Re: Brexit
Quote:
Originally Posted by Damien
This is a bit off topic but I think my problem with this is that if the point is to put a scientist on the note then it seems a bit of a loophole to put Thatcher on there since her significance is not for her scientific work, even if we do like soft serve ice cream.
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I don't disagree, I was just replying to richard.
---------- Post added at 20:50 ---------- Previous post was at 20:48 ----------
Quote:
Originally Posted by jfman
If people are denying that these forecasts are reasonable, or accusing them of being biased, then that is essentially the an accusation that they are lies. As the words of the head of Central Banks, or Finance Ministers, can provoke market reaction then the accusation they would knowingly talk down the economy despite evidence otherwise is essentially sabotage.
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I think it's essential you actually read the BoE report before commenting further.
You can find it here.
https://www.bankofengland.co.uk/-/me...9D94CAB8735DFB
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29-11-2018, 21:58
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#3955
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,233
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Re: Brexit
I think it’s essential you tell me your concerns before I engage in an exercise that is not likely to enlighten me further. Especially as you have no idea if I have read it already? Specific concerns please.
The BofE regularly conduct stress tests, what specifically is unreliable about these verus any other?
Last edited by jfman; 29-11-2018 at 22:06.
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29-11-2018, 22:16
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#3956
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Sad Doig Fan!
Join Date: Aug 2007
Location: Barry South Wales
Age: 67
Services: With VM for BB 250Mb service.(Deal)
Posts: 11,647
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Re: Brexit
When have I said anything is unreliable?
All I have said is that it is a "worst case" scenario which the report freely and openly says it is.
I then said that if requested they could produce a "best case" scenario.
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29-11-2018, 22:18
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#3957
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,233
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Re: Brexit
So you specifically aren’t calling the tests unreliable? Which is it?
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29-11-2018, 22:50
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#3958
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Ice Cold
Join Date: Oct 2006
Location: Leeds, Seacroft
Age: 46
Services: XL TV
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Posts: 1,552
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Re: Brexit
Quote:
Originally Posted by jfman
So you specifically aren’t calling the tests unreliable? Which is it?
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Well the forcasts are about as reliable as a weather reporter these are the same forcasts that rained down WW3 and a recession following a vote to leave in 2016 which BTW never happened.
What has the EU given in return for our divorce from them and investments over the years? nothing how many companies have vowed to stick by the UK many.
You need to stop reading the sunday sport and passing that information back on here.
You wont beat down those that want to leave on here so why even try?
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29-11-2018, 22:58
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#3959
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,233
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Re: Brexit
I’m not leaving the conversation because you ask. Brexit is collapsing and I literally cannot was wait to read all of the responses.
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29-11-2018, 23:27
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#3960
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The Dark Satanic Mills
Join Date: Dec 2003
Location: floating in the ether
Posts: 11,985
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Re: Brexit
I think it’s all very intriguing.
The deal will be voted down, of that I am in no doubt.
We are leaving in March, that is enshrined in law, which was voted for by parliament in parliament.
But now everyone ( all politicians) are saying that parliament will not accept leaving with no deal.
So it's a great position our parliament ( and that’s everyone, not just the government) have got themselves into.
They were full of the “ we respect the result of the referendum “, “ we will implement the result” etc.
But now it seems no one is so sure,” we respect the result, to a point but now actually we can’t”
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