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the stupid remainers ... BBC web site just re Bank of England
It now thinks growth in 2017 will be 2%, up from previous forecast of 1.4%.
In 2018 it thinks it will be 1.6% up from its previous forecast of 1.5%.
And in 2019 it thinks it will come in at 1.7%.
It now thinks growth in 2017 will be 2%, up from previous forecast of 1.4%.
In 2018 it thinks it will be 1.6% up from its previous forecast of 1.5%.
And in 2019 it thinks it will come in at 1.7%.
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How do these forecasts stack up against the projected growth figures from before the referendum and assuming Britain had Remained?
The forecasts were recalibrated after the referendum, so any uptick in them now, is, I believe, versus these (downgraded) forecasts. |
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the banks current forecasts are nearly as optimistic as they were pre brexit vote
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they're just fookin guesses by people who pretend to be clever.
The pre referendum stuff from these same people was shameful. But they're still making guesses. Morons |
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so Donny, the Brexit vote means that nothing has changed according to these expert morons.
We'll still be doing as well as we were forecast to do before the referendum. Is that it? |
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Have we left?, must have missed it..
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the banks current forecasts are nearly as optimistic as they were pre brexit vote
So, if true, that means the current forecasts, even after the upgrade refered to in the OP, are actually still lower than before the referendum. |
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breeding ...
what's leaving got to do with it? Are you trying to prove my point that lefties are thick? |
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We haven't left the E.U. if we were out under W.T.O rules with no real trade deals in place then what would the forecast be..
In actual fact all you are doing is highlighting how well we are doing in the E.U.  |
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no mememe
the bank took action to mitigate the effect of brexit they are suggesting these actions have almost returned us to where we would have been without them and a vote for brexit |
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breeding ...
you don't do logic do you? There is obviously (but not to you) the counter view that we might be doing even better if we weren't in the EU. |
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donny, well the bank would say that wouldn't they?
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What, like as well as China exporting all our goods over the world..?
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mememe,
the bank may be wrong but they are independant and they chose to take action because they thought there was a threat to the economy caused by the vote their prompt action hopefully stopped further short term measures being required economic forecasting isnt an exact science and all sorts of things can happen to make them look stupid it was yourself that started the thread but i think you didnt quite grasp what they had said and done previously it is good news if the forecast is correct, i expect plenty of bad news over next few years , but again i think we will be ok long term if government gets it right its nice to know the bank is independant and very much on our side |
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10% growth rates..
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donny,
oh yes I did know what the BoE said pre Brexit. I thought they were wrong then. I know forecasting isn't precise. Why did the BoE make such dire predictions if we voted Brexit? |
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mememe
if that is the case then your opening post looks silly |
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Why did the BoE make such dire predictions if we voted Brexit?
Part of operation fear, there are times when they are not entirely independant. |
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Because there were no trade deals no agreements on whether passporting rights would be agreed
also they assumed article 50 would be triggered straight away and we would be out of the single market and no Q.E. and no interest rate cut. |
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They did a proper fear job on you, but they have managed to look less ridiculous by changing their position as things move on.
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Yes, like if you don't vote leave it's the end of the N.H.S ,millions of Turks will come here...
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