Brexit (Old) - Page 259

papa smurf · 28-11-2018, 17:36

Quote:

Originally Posted by peanut

Kind of Bexit related. Theresa May and the Holy Grail.

https://www.youtube.com/watch?v=q40PWlzKdE4

Well worth a watch.

Quite enjoyable and more entertaining than all this project fear mk3 bull.

denphone · 28-11-2018, 17:38

Quote:

Originally Posted by pip08456

Don't forget den, it's "according to analysis of a worst case scenario by the Bank."

It does not mean that is what will actually happen.

l am just posting it pip as this is the thread for Brexit and no doubt many posters on here will debate and discuss the merits of it and no doubt will disagree as usual.

papa smurf · 28-11-2018, 17:40

Quote:

Originally Posted by Mick

Philip Hammond been on the TV today, going on about the government analysis of a what a 'no deal' brexit will look like over the next 15 years, all very well he has new talent and can predict what the economy will look like in 15 years time, however, the Treasury routinely gets its annual forecasts wrong. So go figure....

....I have already have, it's business as usual from the Remainers in government, best described as project fear bollocks.

It's clear we are going to slip off the cliff into a pile of bullshit

jfman · 28-11-2018, 18:08

Quote:

Originally Posted by RichardCoulter

Whether correct or not, I wonder if this is the start of softening people up for a U turn to staying in the EU?

As I’ve been predicting for weeks now. They are moving the language along inch by inch testing the public reaction. We’ve got “no Brexit at all” and Labour (the McDonnell side, not just the Starmer side) have inched to 2nd referendum if no General Election, something they weren’t so clear about just six weeks ago.

McDonnell is even clear: no deal should not be an option in said referendum. I wonder where the conversation will be in another six weeks.

denphone · 28-11-2018, 18:12

Quote:

Originally Posted by jfman

As I’ve been predicting for weeks now. They are moving the language along inch by inch testing the public reaction. We’ve got “no Brexit at all” and Labour (the McDonnell side, not just the Starmer side) have inched to 2nd referendum if no General Election, something they weren’t so clear about just six weeks ago.

McDonnell is even clear: no deal should not be an option in said referendum. I wonder where the conversation will be in another six weeks.

Wait until the real blame game starts as then it will all out civil war in both parties.

jfman · 28-11-2018, 18:23

Labour now trotting out a half hearted line that J McD didn’t really mean what he said. So we haven’t shifted policy. Honest.

Simultaneously allowing them to admit and deny a policy shift if it’s convenient. Exactly the same strategy as “no Brexit at all”. Trotted out often enough without much reaction, until it becomes an accepted line.

I’m unsure how the blame game will work. Literally none of them wants this situation.

**Damien** · 28-11-2018, 19:52

It’s going to be interesting. If Labour get behind a second referendum they might get it.

However with May’s deal that’s it for both sides. Do Leavers bank leaving the EU but with closer ties than they would like? Do Remainers bank this deal because it’s not as bad as no deal?

Or do both sides vote it down to gamble on getting no deal or full Remain?

richard s · 28-11-2018, 20:02

May's plan will not go through... than what happens who knows.... when the last person to leave please switch of the lights.

jfman · 28-11-2018, 20:21

As much as I’d benefit financially from the turmoil, I sincerely hope it doesn’t come to no deal.

pip08456 · 28-11-2018, 20:26

Quote:

Originally Posted by denphone

l am just posting it pip as this is the thread for Brexit and no doubt many posters on here will debate and discuss the merits of it and no doubt will disagree as usual.

They'll no doubt disagree with the project fear headlines you chose to post rather than on the content of the report.

Quote:

This analysis includes scenarios not forecasts. The scenarios illustrate what could happen, not necessarily what is most likely to happen under a range of key assumptions.

denphone · 28-11-2018, 20:37

Quote:

Originally Posted by pip08456

They'll no doubt disagree with the project fear headlines you chose to post rather than on the content of the report.

They were the only headlines l could quote and post as everything else was in the full report which is there to read for any member on here and then members can form their own rational opinion from the report..

**Damien** · 28-11-2018, 20:42

The worst scenario is assuming we crash out without any contingency. That is quite possible albeit I think unlikely since I think both sides will find some sort of softer impact if worst comes to worse.

pip08456 · 28-11-2018, 20:58

Quote:

Originally Posted by Damien

The worst scenario is assuming we crash out without any contingency. That is quite possible albeit I think unlikely since I think both sides will find some sort of softer impact if worst comes to worse.

No Damien. The report is a worst case scenario of all the possibilities in the event of no deal.

It is not what no deal will bring but a possibility of what it could bring.

Quote:

The economic consequences of Brexit over the longer term will depend on the nature of the UK’s future trading relationships, other government policies, and ultimately the ingenuity and enterprise of the British people.

The only thing that is known is that there will be a short term financial hit in the event of a no deal brexit.
Anything else is based on supposition and assumption.

**Damien** · 28-11-2018, 21:00

Quote:

Originally Posted by pip08456

No Damien. The report is a worst case scenario of all the possibilities in the event of no deal.

It is not what no deal will bring but a possibility of what it could bring.

The only thing that is known is that there will be a short term financial hit in the event of a no deal brexit.
Anything else is based on supposition and assumption.

I said 'without contingency' I.E There are literally no accommodations to soften no deal.

Mr K · 28-11-2018, 21:30

Quote:

Originally Posted by pip08456

No Damien. The report is a worst case scenario of all the possibilities in the event of no deal.

It is not what no deal will bring but a possibility of what it could bring.

The only thing that is known is that there will be a short term financial hit in the event of a no deal brexit.
Anything else is based on supposition and assumption.

Think you're just trying to convince yourself mate,... The effects of Brexit will last for generations, not too late to turn back but it would involve some admitting they were wrong, so it probably won't happen.