Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%

  • Out

    Votes: 325 32.1%
  • Total voters
    1,013
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Joey66 said:
the michael fish forecast goes down in history, as the biggest cock up forecast ever - you just read what you want to see sorry a poor excuse as usual from you!
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Joey sorry but you're chatting absolute garbage.

The BofE didn't apologise, the main thrust of the speech was the 2008 crisis.

The BofE are still predicting a slowdown next year like every economic model I've seen is.

Remember that you put credence in the ONS figures post brexit so one would assume you'd put credence in their figures for this year.
 
Joey66 said:
the michael fish forecast goes down in history, as the biggest cock up forecast ever - you just read what you want to see sorry a poor excuse as usual from you!
Click to expand...
You seem to think that it's some form of victory for Leave that the economy hasn't crashed (yet) joey.

The reality is that there's 2 key reasons why it held up better than expected in the second half of 2016;

1. The crashed pound helped our exports

2. Consumer confidence held up way better than was expected. Probably because many got what they voted for, and still felt chipper about the future, so carried on spending (and borrowing). It remains to be seen how long this will last, particularly as inflation starts to rise during 2017, as the supply chain can't swallow the pound devaluation indefinitely.

The idea that we've somehow weathered the storm is delusional, especially if hard brexit becomes a reality
 
Foot Long Hot Dog said:
You seem to think that it's some form of victory for Leave that the economy hasn't crashed (yet) joey.

The reality is that there's 2 key reasons why it held up better than expected in the second half of 2016;

1. The crashed pound helped our exports

2. Consumer confidence held up way better than was expected. Probably because many got what they voted for, and still felt chipper about the future, so carried on spending (and borrowing). It remains to be seen how long this will last, particularly as inflation starts to rise during 2017, as the supply chain can't swallow the pound devaluation indefinitely.

The idea that we've somehow weathered the storm is delusional, especially if hard brexit becomes a reality
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Again it's not about how we are doing it was the forecast by the Bank of England in line with the disastorous Michael Fish weather forecast that goes down in history as a major cock up forecast - he ignored a lay persons forecast and mocked her to say there would be no storm which then was the worst ever in history!
 
Joey66 said:
Again it's not about how we are doing it was the forecast by the Bank of England in line with the disastorous Michael Fish weather forecast that goes down in history as a major cock up forecast - he ignored a lay persons forecast and mocked her to say there would be no storm which then was the worst ever in history!
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All of which ignores the simple FACT that all of the economic predictions were based on Cameron doing what he said he'd do, and action article 50 the day after the result.

It's like saying someone got a football prediction laughably wrong when the game hasn't kicked off yet!
 
Foot Long Hot Dog said:
All of which ignores the simple FACT that all of the economic predictions were based on Cameron doing what he said he'd do, and action article 50 the day after the result.

It's like saying someone got a football prediction laughably wrong when the game hasn't kicked off yet!
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Get up to date please the BOE admitted pre Brexit the forecast economically was in line with Michael Fishs debarcke of ignoring a lay person who telephoned in to tell him a bad storm was to hit our shores!
 
Joey66 said:
Get up to date please the BOE admitted pre Brexit the forecast economically was in line with Michael Fishs debarcke of ignoring a lay person who telephoned in to tell him a bad storm was to hit our shores!
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The BoE was comparing the failure to predict the World wide crash of '08 with Michael Fish, not the brexit economic forecasts ffs.
 
joey_macmo said:
Joey sorry but you're chatting absolute garbage.

The BofE didn't apologise, the main thrust of the speech was the 2008 crisis.

The BofE are still predicting a slowdown next year like every economic model I've seen is.

Remember that you put credence in the ONS figures post brexit so one would assume you'd put credence in their figures for this year.
Click to expand...
You chat utter garbage so what's new?
 
Foot Long Hot Dog said:
You seem to think that it's some form of victory for Leave that the economy hasn't crashed (yet) joey.

The reality is that there's 2 key reasons why it held up better than expected in the second half of 2016;

1. The crashed pound helped our exports

2. Consumer confidence held up way better than was expected. Probably because many got what they voted for, and still felt chipper about the future, so carried on spending (and borrowing). It remains to be seen how long this will last, particularly as inflation starts to rise during 2017, as the supply chain can't swallow the pound devaluation indefinitely.

The idea that we've somehow weathered the storm is delusional, especially if hard brexit becomes a reality
Click to expand...

Oh dear......is this really the best economic analysis the remainers can come up with........
 
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