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So the UK is finished says Theresa Mayhem


fatshaft

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1 hour ago, mojomonkey said:

Presumably this will be #fakenews but:

 

https://www.bbc.com/news/uk-politics-46366162

 

I read somewhere that none of the scenarios in the report were actually modelled on what May is putting forward in her agreement.

#guesswork

lets not forget the remoaner propaganda just for voting to leave the eu.....

instant recession........

instant property crash........

worldwide stock markets crash.......

increase unemployment by up to 50 percent......

emergency budget........

massive cuts in nhs and schools spending.......

nothing happened......

they should lock these remoaners up.......

 

Edited by woody2
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1 hour ago, woody2 said:

#guesswork

lets not forget the remoaner propaganda just for voting to leave the eu.....

instant recession........

instant property crash........

worldwide stock markets crash.......

increase unemployment by up to 50 percent......

emergency budget........

massive cuts in nhs and schools spending.......

nothing happened......

they should lock these remoaners up.......

 

Hold on, we haven’t left yet.

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The economy didn’t tank after the referendum because Article 50 wasn’t triggered until 18 months after the referendum - not the day after as promised. Once Davis agreed to the EU’s demands regarding the sequencing of negotiations (on day one), and the clock started ticking and it became clear he was going to cave in on every demand, and even more so as it became clear the Geneva negotiations were going much worse, the markets have become quite relaxed in the idea that Britain might well be prepared to throw away its political influence in Europe, but not its economic interests.

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18 minutes ago, Freggyragh said:

The economy didn’t tank after the referendum because Article 50 wasn’t triggered until 18 months after the referendum - not the day after as promised. Once Davis agreed to the EU’s demands regarding the sequencing of negotiations (on day one), and the clock started ticking and it became clear he was going to cave in on every demand, and even more so as it became clear the Geneva negotiations were going much worse, the markets have become quite relaxed in the idea that Britain might well be prepared to throw away its political influence in Europe, but not its economic interests.

this as nothing to do with art.50.......

this was just for voting out.....

dd didn't agree to anything-that was may......

#poorremoaneffort

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2 minutes ago, Freggyragh said:

“When asked why he had capitulated to EU demands, Davis replied that: "It's not when it starts. It's how it's concluded that matters."

"The position we have agreed today is completely consistent with our long-term position."”

Business Insider UK. 20.06.17

#fakenews

dd said recently he was overruled by may and oily......

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5 hours ago, mojomonkey said:

Presumably this will be #fakenews but:

 https://www.bbc.com/news/uk-politics-46366162

 I read somewhere that none of the scenarios in the report were actually modelled on what May is putting forward in her agreement.

A somewhat sobering view from that nest of communist vipers that is the BBC.

This made me cringe though:

"Veteran Conservative Eurosceptic Sir Bill Cash said Mr Hammond was effectively arguing for the UK to stay in the European Union in his "extraordinary" statement.

He said the chancellor had ignored potential economic benefits of leaving the EU, asking: "What about the trade deals which could give us the most enormous opportunities throughout the world, if we are able to strike them?""

So Veteran Conservative Eurosceptic Sir Bill Cash is clearly unaware that Trade Secretary Liam Fox, who is on record as saying that striking these trade deals will be "the easiest in human history" - has recently seen his attempts to transfer across the WTO agreements the UK had under the EU umbrella to the new status quo flushed down the toilet by WTO members.

Which basically leaves us back on the starting line....

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6 hours ago, woody2 said:

#guesswork

lets not forget the remoaner propaganda just for voting to leave the eu.....

instant recession........

instant property crash........

worldwide stock markets crash.......

increase unemployment by up to 50 percent......

emergency budget........

massive cuts in nhs and schools spending.......

nothing happened......

they should lock these remoaners up.......

 

All predictions are guesswork. Even woody's.

Mark Carney (who predicted some of these problems) took immediate action after the vote by injecting billions into the economy, dropping the base rate and encouraging banks to lend billions which they did.

That and the unpredicted worldwide trade boom plus the dubious benefits of the now low £ headed off some of these threats. 

We are presently in the unusual beneficial position of a low £ whilst also (for now) remaining in the customs union and single market. As John says, the true position will not be apparent until after we leave and will not be instant anyway and the chickens of QE and inflation caused by the low £ will come home to roost unfortunately.

So woody, would you have preferred that Carney had taken no action in 2016? 

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