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Post by yeokel on Nov 28, 2018 17:53:03 GMT
Here we go again……. Project Fear mk3. They haven’t resurrected the ‘third world war’ warning yet, but most of the rest is here… Bank warns no-deal could see UK sink into recession
A no deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned.
It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third.
The Bank of England also warned the pound could fall by a quarter.Project Fear mk3 - BBC Link |
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Post by xchpotter on Nov 28, 2018 17:59:03 GMT
Here we go again……. Project Fear mk3. They haven’t resurrected the ‘third world war’ warning yet, but most of the rest is here… Bank warns no-deal could see UK sink into recession
A no deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned.
It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third.
The Bank of England also warned the pound could fall by a quarter.Project Fear mk3 - BBC LinkSame old story isn’t it. Look how wrong they got it last time. I’ve no doubt there will be some economic loss, but doubt it will be anywhere as bad as is suggested. When you put the complete package together, not just trade, not just laws, not just free movement etc...that’s the thing the Government should be presenting, not jumping on the words of a carefully planned and orchestrated plan by their crooked banker mates. This Government won’t be able to buy me. |
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Post by pearo on Nov 28, 2018 18:25:02 GMT
A Canadian, telling the UK what COULD happen when we leave the EU. 🤣🤣🤣
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Post by Clayton Wood on Nov 28, 2018 18:26:54 GMT
Has anybody mentioned the tele will go off post Brexit yet? Astra satellites are in geostationary orbit over central Europe and our signal will be turned off on 29th March, 2019. Of course a deal involving some fish and a bit of rock might be done.
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Post by ravey123 on Nov 28, 2018 18:40:35 GMT
Here we go again……. Project Fear mk3. They haven’t resurrected the ‘third world war’ warning yet, but most of the rest is here… Bank warns no-deal could see UK sink into recession
A no deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned.
It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third.
The Bank of England also warned the pound could fall by a quarter.Project Fear mk3 - BBC LinkAll these Project Fear campaigns do for me is to strengthen my resolve that a no deal brexit is better than staying in the EU with either this shitty May deal or the original setting. When will they learn that most of us DIDNT vote based on pure economics or migration but on a principle of democracy and self control with the understanding that is MIGHT be short term pain - the question is - what price do you put on democracy? I think it's priceless. If we stay in the EU with this deal this country is royally fucked and destined to be the lap dogs and main donators of Brussels for ever. BREXIT meas BREXIT, OUT means OUT. |
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Post by trickydicky73 on Nov 28, 2018 18:51:51 GMT
Here we go again……. Project Fear mk3. They haven’t resurrected the ‘third world war’ warning yet, but most of the rest is here… Bank warns no-deal could see UK sink into recession
A no deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned.
It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third.
The Bank of England also warned the pound could fall by a quarter.Project Fear mk3 - BBC LinkAll these Project Fear campaigns do for me is to strengthen my resolve that a no deal brexit is better than staying in the EU with either this shitty May deal or the original setting. When will they learn that most of us DIDNT vote based on pure economics or migration but on a principle of democracy and self control with the understanding that is MIGHT be short term pain - the question is - what price do you put on democracy? I think it's priceless. If we stay in the EU with this deal this country is royally fucked and destined to be the lap dogs and main donators of Brussels for ever. BREXIT meas BREXIT, OUT means OUT. I don't trust anything Carney says, anyway. He's part of the charade. |
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Post by hammered on Nov 28, 2018 19:45:48 GMT
Presumably May's Withdrawal Agreement fits in with the EU's rules-based order, as the EU have accepted it? Correct because it's not leaving. It's not "the deal" it's only an agreement to talk about a deal but within this preamble is the trap. There never, ever will be a trade deal with the EU if that WA passes Parliament. There will never be a Brexit. It's not May's deal. It was originally written in French. The ECJ has jurisdiction over the whole thing. The UK can't unilaterally leave but we continue to follow the EU rules on trade, defence, environment, refugees, state aid, tax and VAT, fishing, budget contributions etc, etc. All there in black and white. The Seven Deadly Sins in the draft Withdrawal AgreementThe so called future deal, that thing that threatens to change the EU's rules is only a vague wish list. An aspiration. Zero is legally binding and for very good reason. They don't intend to go through with any bespoke Trade deal. They never have. It's No Deal or stay in the EU forever by legally binding International Treaty which binds future UK Governments whatever the colour of their rosette. All you need to know in two posts from Rog. |
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Post by 4372 on Nov 28, 2018 23:00:21 GMT
xenophobe alert
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Post by 3putts on Nov 29, 2018 4:00:12 GMT
Here we go again……. Project Fear mk3. They haven’t resurrected the ‘third world war’ warning yet, but most of the rest is here… Bank warns no-deal could see UK sink into recession
A no deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned.
It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third.
The Bank of England also warned the pound could fall by a quarter.Project Fear mk3 - BBC Linkhave we come out of the last recession yet? hard to tell around s-o-t all I see is cuts,cuts and more cuts. |
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Post by yeokel on Nov 29, 2018 10:48:24 GMT
Here we go again……. Project Fear mk3. They haven’t resurrected the ‘third world war’ warning yet, but most of the rest is here… Bank warns no-deal could see UK sink into recession
A no deal Brexit could send the pound plunging and trigger a worse recession than the financial crisis, the Bank of England has warned.
It said the UK economy could shrink by 8% in the immediate aftermath if there was no transition period, while house prices could fall by almost a third.
The Bank of England also warned the pound could fall by a quarter.Project Fear mk3 - BBC Linkhave we come out of the last recession yet? hard to tell around s-o-t all I see is cuts,cuts and more cuts. S-O-T has been in a recession since well before the Brexit debate/vote. In fact, I would venture to suggest that it has been in a 'recession' since before the turn of the century. Speaking as someone who doesn't live there any more, I find it heartbreaking when I venture up there to visit relatives, go to football, etc. I hope Stoke's time comes around again, and soon. |
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Post by rogerjonesisgod on Nov 29, 2018 12:13:56 GMT
Correct because it's not leaving. It's not "the deal" it's only an agreement to talk about a deal but within this preamble is the trap. There never, ever will be a trade deal with the EU if that WA passes Parliament. There will never be a Brexit. It's not May's deal. It was originally written in French. The ECJ has jurisdiction over the whole thing. The UK can't unilaterally leave but we continue to follow the EU rules on trade, defence, environment, refugees, state aid, tax and VAT, fishing, budget contributions etc, etc. All there in black and white. The Seven Deadly Sins in the draft Withdrawal AgreementThe so called future deal, that thing that threatens to change the EU's rules is only a vague wish list. An aspiration. Zero is legally binding and for very good reason. They don't intend to go through with any bespoke Trade deal. They never have. It's No Deal or stay in the EU forever by legally binding International Treaty which binds future UK Governments whatever the colour of their rosette. Was there ever a plan to have a legally binding, all-details-spelled-out trade deal agreed before the Withdrawal Agreement is passed (or not passed, as the case may be)? I agree the document for the future deal is very wooly at the moment but it's not surprising that the plan for the second step is rough when the first step hasn't even been signed off yet. Not from the EU's side there wasn't and that mindset hasn't been challenged by May and some say, including me, she's encouraged the EU to produce this cul-de-sac. She told David Davis to accept the EU's timetabling. She accepted the illogical divorce settlement before the future agreement. It was her timing to trigger A50. It was May who decided not to create a Minister for No Deal. It was May who didn't produce legal text after each joint declaration thus having to accept the EU's edited version of what had been agreed. It's May who's allowed Olly Robbins to negotiate behind Ministers backs. It's May who's wasting 2 weeks with a staged managed 'campaign' trying to sell the EU's deal to "the people" instead of getting on with the HoC vote. It's May that agrees to fly to Brussels for a 20 minute meeting before they shut her out of the dinner hall. It's May who refuses to ask for our share of the EU's assets but is happy to hand over £39 billion without conditions. |
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Post by followyoudown on Nov 29, 2018 12:29:34 GMT
All these Project Fear campaigns do for me is to strengthen my resolve that a no deal brexit is better than staying in the EU with either this shitty May deal or the original setting. When will they learn that most of us DIDNT vote based on pure economics or migration but on a principle of democracy and self control with the understanding that is MIGHT be short term pain - the question is - what price do you put on democracy? I think it's priceless. If we stay in the EU with this deal this country is royally fucked and destined to be the lap dogs and main donators of Brussels for ever. BREXIT meas BREXIT, OUT means OUT. I don't trust anything Carney says, anyway. He's part of the charade. Having read around a bit Carney is being stitched up a bit, what he presented was in no way a brexit forecast of any kind but instead they scoped out the worst possible no deal outcome assuming neither the EU or UK take any step to mitigate this to see if the UK banks could cope with this (which they can), a kind of war gaming its very cynical and misleading for it to be spun as a forecast by some of the media. |
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Post by rogerjonesisgod on Nov 29, 2018 12:47:18 GMT
The Leader of Her Majesties Opposition is happy to debate the Prime Minister of The United Kingdom over Brexit as long as it doesn't clash with the I'm a celeb final  |
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Post by partickpotter on Nov 29, 2018 13:06:29 GMT
have we come out of the last recession yet? hard to tell around s-o-t all I see is cuts,cuts and more cuts. S-O-T has been in a recession since well before the Brexit debate/vote. In fact, I would venture to suggest that it has been in a 'recession' since before the turn of the century. Speaking as someone who doesn't live there any more, I find it heartbreaking when I venture up there to visit relatives, go to football, etc. I hope Stoke's time comes around again, and soon. Stoke's been in a recession since we sold Jimmy Greenhoff. |
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Post by wagsastokie on Nov 29, 2018 13:13:33 GMT
The Leader of Her Majesties Opposition is happy to debate the Prime Minister of The United Kingdom over Brexit as long as it doesn't clash with the I'm a celeb final The clown is running scared Called out for a debate now trying to wriggle out of it The fraud is about to be exposed corbyn’s history Change is coming |
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Post by yeokel on Nov 29, 2018 13:37:33 GMT
They are trying to turn this in to May vs Corbyn (Remainer vs Remainer) rather than Brexiter vs May's 'deal'.
By all means have Corbyn there too so that he has the chance to attempt to show what would be Labours alternative position and why he thinks the EU would even give him the time of day, but surely the main debate should be between May defending her 'sell out', a Brexiter who can present all the flaws in it, and a Brexiter who could defend a 'no deal' position if it comes to that?
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Post by RipRoaringPotter on Nov 29, 2018 14:00:55 GMT
I don't trust anything Carney says, anyway. He's part of the charade. Having read around a bit Carney is being stitched up a bit, what he presented was in no way a brexit forecast of any kind but instead they scoped out the worst possible no deal outcome assuming neither the EU or UK take any step to mitigate this to see if the UK banks could cope with this (which they can), a kind of war gaming its very cynical and misleading for it to be spun as a forecast by some of the media. I completely agree. Most of the stories I read have mentioned the fact that it's a worst case scenario forecast, but that part doesn't have much impact when it's under a headline of "Brexit will shrink economy 8%". |
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Post by rogerjonesisgod on Nov 29, 2018 14:22:12 GMT
They are trying to turn this in to May vs Corbyn (Remainer vs Remainer) rather than Brexiter vs May's 'deal'. By all means have Corbyn there too so that he has the chance to attempt to show what would be Labours alternative position and why he thinks the EU would even give him the time of day, but surely the main debate should be between May defending her 'sell out', a Brexiter who can present all the flaws in it, and a Brexiter who could defend a 'no deal' position if it comes to that? Correct. We've had the vote to remain. We voted against that. We now have another choice. May's nonsense or editing/renegotiation of her agreement or No Deal. Corbyn needs another two years to negotiate Labour's Brexit deal apparently so I'm not sure what he'll be offering come a week on Sunday night. |
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Post by rogerjonesisgod on Nov 29, 2018 14:31:28 GMT
Having read around a bit Carney is being stitched up a bit, what he presented was in no way a brexit forecast of any kind but instead they scoped out the worst possible no deal outcome assuming neither the EU or UK take any step to mitigate this to see if the UK banks could cope with this (which they can), a kind of war gaming its very cynical and misleading for it to be spun as a forecast by some of the media. I completely agree. Most of the stories I read have mentioned the fact that it's a worst case scenario forecast, but that part doesn't have much impact when it's under a headline of "Brexit will shrink economy 8%". Brexit will shrink the growth of economy by 8% over the next 15 years. Maybe. |
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Post by rogerjonesisgod on Nov 29, 2018 14:42:16 GMT
I don't trust anything Carney says, anyway. He's part of the charade. Having read around a bit Carney is being stitched up a bit, what he presented was in no way a brexit forecast of any kind but instead they scoped out the worst possible no deal outcome assuming neither the EU or UK take any step to mitigate this to see if the UK banks could cope with this (which they can), a kind of war gaming its very cynical and misleading for it to be spun as a forecast by some of the media. He stitches himself up mate. He deliberately didn't make it clear that he was actually describing a worst case scenario 'stress test' which isn't actually a forecast. He let's the media storm erupt and then back tracks... Anyway. Here's the General Council of the European Central Bank. Who's that on the left? Middle row. Attachment DeletedI love the description of "Responsibilities" of the European Central Bank's General Council..... "The General Council can be regarded as a transitional body. It carries out the tasks taken over from the European Monetary Institute which the ECB is required to perform in Stage Three of Economic and Monetary Union on account of the fact that not all EU Member States have adopted the euro yet."Yet. |
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Post by rogerjonesisgod on Nov 29, 2018 15:01:26 GMT
Well well well. Proof positive that Oily Robbins was Treasonous.
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Post by trickydicky73 on Nov 29, 2018 15:26:27 GMT
The Leader of Her Majesties Opposition is happy to debate the Prime Minister of The United Kingdom over Brexit as long as it doesn't clash with the I'm a celeb final Respect for the viewers of utter tripe, contempt for people who voted to leave the EU. |
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Post by sheikhmomo on Nov 29, 2018 16:06:10 GMT
The Leader of Her Majesties Opposition is happy to debate the Prime Minister of The United Kingdom over Brexit as long as it doesn't clash with the I'm a celeb final Why should he accept the coward's terms? Why doesn't she want face a large diverse audience? Answers on a postcard |
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Post by Davef on Nov 29, 2018 16:08:58 GMT
The Leader of Her Majesties Opposition is happy to debate the Prime Minister of The United Kingdom over Brexit as long as it doesn't clash with the I'm a celeb final Respect for the viewers of utter tripe, contempt for people who voted to leave the EU. I'm not even sure what the issue is here? Corbyn clearly stated there that he wants the debate viewed by a wider audience which, whatever you think of ITV's programme scheduling that night, it will do. And there are plenty of voters on both sides of the debate who've been critical of the BBC's lack of impartiality over Brexit. And judging by that, Jezza has a bit of a sense of humour as well. |
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Post by 4372 on Nov 29, 2018 16:16:18 GMT
"Treasonous"...LOL
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Post by wizzardofdribble on Nov 29, 2018 16:20:41 GMT
Just what precisely is the point of having a TV debate when it's MP's minds May needs to change rather than the general publics.
It's an exercise in complete futility.
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Post by followyoudown on Nov 29, 2018 16:20:55 GMT
Having read around a bit Carney is being stitched up a bit, what he presented was in no way a brexit forecast of any kind but instead they scoped out the worst possible no deal outcome assuming neither the EU or UK take any step to mitigate this to see if the UK banks could cope with this (which they can), a kind of war gaming its very cynical and misleading for it to be spun as a forecast by some of the media. I completely agree. Most of the stories I read have mentioned the fact that it's a worst case scenario forecast, but that part doesn't have much impact when it's under a headline of "Brexit will shrink economy 8%". Yes and even that headline should be shrink economy by 8% if the EU and the Bank of England do nothing, so effectively the story is equivalent to if your house catches fire it will burn down if you don't attempt to put the fire out............ |
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Post by lommack on Nov 29, 2018 16:20:57 GMT
The Leader of Her Majesties Opposition is happy to debate the Prime Minister of The United Kingdom over Brexit as long as it doesn't clash with the I'm a celeb final Why should he accept the coward's terms? Why doesn't she want face a large diverse audience? Answers on a postcard Indeed momo why would May want to speak directly to younger voters, the ones this debacle will affect the most? I think we know who the real coward is, she isn't appealing to the country she is appealing to the true blue rinse brigade who she hopes will lobby/bully their Tory MP into accepting it I hope Jezza turns it into a debate on austerity, get her off script and she'll crumble |
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Post by followyoudown on Nov 29, 2018 16:26:46 GMT
Just what precisely is the point of having a TV debate when it's MP's minds May needs to change rather than the general publics. It's an exercise in complete futility. Stops a few more days whining for a peoples vote but yeah otherwise pointless although it could be funny watching Corbyn argue for his imaginary deal for brexit while May argues for an actual imaginary brexit deal..... |
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Post by followyoudown on Nov 29, 2018 16:32:16 GMT
Having read around a bit Carney is being stitched up a bit, what he presented was in no way a brexit forecast of any kind but instead they scoped out the worst possible no deal outcome assuming neither the EU or UK take any step to mitigate this to see if the UK banks could cope with this (which they can), a kind of war gaming its very cynical and misleading for it to be spun as a forecast by some of the media. He stitches himself up mate. He deliberately didn't make it clear that he was actually describing a worst case scenario 'stress test' which isn't actually a forecast. He let's the media storm erupt and then back tracks... Anyway. Here's the General Council of the European Central Bank. Who's that on the left? Middle row. View AttachmentI love the description of "Responsibilities" of the European Central Bank's General Council..... "The General Council can be regarded as a transitional body. It carries out the tasks taken over from the European Monetary Institute which the ECB is required to perform in Stage Three of Economic and Monetary Union on account of the fact that not all EU Member States have adopted the euro yet."Yet. I agree with much of that which is why I did say stitched up a bit not completely but he is at the end of a day effectively a civil servant so has to do as he is told unlike some other civil servants  |
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