Chit Chat
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28 Nov 18
16:52
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Date Joined:
27 May 11
in the event of a No Deal Brexit with no transisition period....
The Pound would Crash
Infation would soar
Interest rates would rise
The Pound would Crash
Infation would soar
Interest rates would rise
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They said exactly the same before the referendum and people still voted for it.
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turkeys- xmas
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good news plenty of empty houses in london
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people trading the markets would make a killing...again
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if you own your own house have a nice wedge in the bank ,green light to get your mp to vote for no deal
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double umemployment is that counting the 800,000 he predicted after a no vote,and is the 30% house price falls including the 30% houseprice falls he predicted after a no vote
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BoE assessment:
Pound to fall to below parity with the dollar. Inflation and interest rates to rise. Residential property values to fall (didn't catch by how much - 30%?) Commercial property values to fall by 48%  Tomorrow's Sun front page? MARK CARNAGE! |
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BofE 12th May 2016
The Bank warned a vote to leave the EU could: Push the pound lower, “perhaps sharply”.... Yup. Prompt households and businesses to delay spending.... Nah. Increase unemployment..... The opposite Hit economic growth...Nonsense. The opposite. Stoke inflation. Ha! https://www.theguardian.com/business/2016/may/12/bank-of-england-keeps-interest-rates-on-hold-as-brexit-fears-bite So, 1 out of 5? Not very impressive is it. Even a cheaper pound led to greater profits for the FTSE 100 and exporters. It also led to a huge boost tourism in the UK. So even a lower pound hasn't been all bad... |
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so all business worried about getting workers and carney saying there,ll be 2 million more unemployed
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we havnt left yet injera
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Ever since May said that her brino deal was the best deal possible their has been an outpouring of press releases telling us that no deal is the worst deal, they must think the public are stupid.
They could had released all these press stories at any time. Also i cant remember the last time the BofE got anything correct. |
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donny osmond
28 Nov 18 17:09 Joined: 02 Mar 08 | Topic/replies: 79,613 | Blogger: donny osmond's blog we havnt left yet injera  |
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Try learning to read..
The Bank warned A VOTE to leave the EU could.... |
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lol
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desperate to keep us in,do not believe a word,although I have said from day one we would never be allowed to leave,CONTROL as usual folks
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btw do you understand the meaning of could, before telling me to learn to read?
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Well done for backtracking on your original point.
In 2016 the BofE were part of the plan to warn us against leaving the EU. They continue to do that. Doing the opposite of what the establishment tells us is a pretty good plan imo. |
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don't panic,treason may said we wont be poorer
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we havnt left yet
you cant read but tell me to learn then get more than half of your 5 assessments wrong but hey ho you are trying |
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theres a huge majority in the commons that says no deal wont happen,yet carney said he,s working for the government and he,s told no deal is more likely than 6 months ago, completely the opposite to what the people he,s working for have been saying this week,
according to the mp,s no deal is less likely now than its ever been but carney says its more likely than its ever been, how can both scenario,s be true |
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tbf to injera, I think the point is, is that the BOE were scaremongering then and are scaremongering now.
I think forecasts should be left to the weathermen because there have been so many big and wrong one's, the catastrophic impact of not joining the Euro etc. |
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Youve got him on the ropes donny, don't ease off!
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Btw Carney is told what to say by the elite, desperate to keep as in and so is May
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J. dean - upon a vote to leave which of the 5 points were proved to be correct?
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A no deal according to the BOE would be "economically worse than the financial crash of 2008"
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If commercial property prices were ever 48% lower (i.e. almost halved), you'd be trampled underfoot by companies relocating here.
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they never get them right and neither do the IMF and the rest of them
remember the emergency budget necessary if we voted leave - it would be needed immediately after the vote how did that turn out? |
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Good news for 1st time buyers..
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you no your a joke and people just laugh at you when you as gov of the bank of England predict possible doomsday scenario and the markets completely ignore you, called wolf once to often
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Treasury smessury - I make no apology for repeating this as I am sick of the lies and scaremongering flooding everywhere
the same august institution (a heavily biased pro eu civil service) said this below so how can we trust what they say and remember the emergency budget we would need if we voted the wrong way Within two years of a Leave vote, the Treasury predicted that GDP would be between 3.6 and 6 percent lower and the number of people unemployed would rise by as much as 820,000. The predictions in the May 2016 “study” sounded dire, and were clearly aimed at having the maximum impact on the vote, which would be held a month later. Goebbels would be proud of these jokers. Just weeks before the referendum, the then-chancellor George Osborne cited the report to warn that “a vote to leave would represent an immediate and profound shock to our economy” and that “the shock would push our economy into recession and lead to an increase in unemployment of around 500,000.” It's the lies and how they tell them - keep telling them and they sit in the people's psyche - very very nasty and despicable but also very manipulative. It diverts attention away from the benefits of leaving whilst the tv news focuses solely on the scare stories. It's like the old joke of when did you stop beating your ............. etc etc .... |
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and people with a wedge in the bank
with 30% houseprice crash ,5,5% interest rates how could banks survive that when they went into meltdown over buying some dodgey loans from the us 10 years ago |
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Worth bearing in mind that these numbers quoted are the most extreme worst-case scenario. They assume that every other nation in the world chooses to punish us by refusing to negotiate any more free-trade agreements ever.
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The drop in GDP is only a reduction from how the BofE guesses GDP would increase if we didn't leave.
The forecast itself says that by 2020 GDP would already be back to what it is now. Combine that with the fall in population assumed by the forecast, and nobody actually living in this country would notice a difference. |
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you do realise even the way they go about examining these figures and CREATING them is very suspect
do they even let us know exactly what they are using as they seem to be very secretive about it as I understand it the economic model they use is extremely suspect just chuck in the fact they have been wrong so many times along with the IMF and the rest of them. look at the above 3.6 and 6 percent doom predicted which never happened AFTER the vote - charlatans the lot of them unemployment up 800,000 - they are complete bar stewards and biscuit brain the self serving Brussels mouthpiece cheers them on quite falsely THEY HAVE NO IDEA they do not know!! Just scare stories from people who want to keep it as it is and all their fat cat jobs within the eu gravy train |
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what is scarey - very few people will be allowed to the fore and comment on these false stats and scare stories
the tv media is slavish following may's line generally - it is hilarious how the obvious eu propaganda is being sucked up to |
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Each day is themed until he meaningful vote on 11th December. Today is economy day…
November 28: Economy November 29: Security November 30: International trade December 1: Digital December 2: The Brexit deal December 3: Money December 4: Immigration December 5: Transport December 6: Industrial strategy December 7: Brexit for the whole U.K. December 8: Consumers December 9: May vs Corbyn Debate December 10: Agriculture and fish |
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Memories.
. https://www.breitbart.com/europe/2017/01/06/inaccurate-anti-brexit-predictions-michael-fish-moment-admits-bank-england-chief/ |
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if you own your own house have a nice wedge in the bank ,green light to get your mp to vote for no deal
That's what I'll be doing  |
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Also I suspect the non home owners will be doing likewise if house values will drop by a third !
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