Scepticism about a Brexit apocalypse looks increasingly justified - HotUKDeals
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Scepticism about a Brexit apocalypse looks increasingly justified

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Very surprised to read this type of article in the liberal press. Maybe they are finally starting to calm down a bit post referendum Read More
colin4man Avatar
6m, 4w agoPosted 6 months, 4 weeks ago
Very surprised to read this type of article in the liberal press.

Maybe they are finally starting to calm down a bit post referendum
colin4man Avatar
6m, 4w agoPosted 6 months, 4 weeks ago
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#2
Shame on the Guardian, their editor Corbyn won't be happy this slipped through.
#3
Two things. Firstly the apocalyptic predictions were laughable partly because of timing issues (summer spending was going to boost the services sector) but also because the economy rarely reacts that quickly. The pound dropping was the biggest thing but the effects of that on consumer spending will be felt after Christmas.

Secondly, Brexit doesn't appear to be happening or at least not in the way it was thought it would. Article 50 has been pushed back, legal challenges are mounting but more than anything it simply doesn't feel like the business community takes it seriously. Now whether that's hubris or not we'll see, but it really doesn't seem like something that's on the horizon.

Personally I said that any recession would come in Q3 of 2017 and I still think that's a possibility depending on what type of summer we have. Other factors like the US presidential election and other races in the EU could have an impact too.

Edited By: HotEnglishAndWelshDeals on Nov 29, 2016 10:13
4 Likes #4
Uncertainty in the future breeds weak markets. Theresa May should spend less time picking out he next pair of "Battle Heels" and get on with triggering Article 50 and starting the negotiation process. Her personal Pro-Europe stance is getting in the way of democracy.

Edited By: wireframe on Nov 29, 2016 10:13
2 Likes #5
The EU is on the verge of collapsing, Brexit maybe hard but it'll be harder if we stayed in. Imagine if we stayed in and France left. We'd go down with it. Brexit is scary but as I've stated before the EU dream is over.
#6
Hahaha The Guardian..... say no more!
#7
wireframe
Uncertainty in the future breeds weak markets. Theresa May should spend less time picking out he next pair of "Battle Heels" and get on with triggering Article 50 and starting the negotiation process. Her personal Pro-Europe stance is getting in the way of democracy.

I know what you're saying but article 50 is a two year long process that by its nature creates instability.

So what you've actually said is this;

Uncertainty in the future breeds weak markets - Theresa May should ensure we have 18-24 months of uncertainty in the markets.

Not your fault obviously but there's a depressing irony in all of this.
#8
HotEnglishAndWelshDeals
wireframe
Uncertainty in the future breeds weak markets. Theresa May should spend less time picking out he next pair of "Battle Heels" and get on with triggering Article 50 and starting the negotiation process. Her personal Pro-Europe stance is getting in the way of democracy.

I know what you're saying but article 50 is a two year long process that by its nature creates instability.

So what you've actually said is this;

Uncertainty in the future breeds weak markets - Theresa May should ensure we have 18-24 months of uncertainty in the markets.

Not your fault obviously but there's a depressing irony in all of this.


Is there a need to trigger article 50 there have been two reports out recently stating that there is no need to trigger the article 50 we can just leave one of these was from one of the people who helped write the article 50

Edited By: cwj3820 on Nov 29, 2016 12:16: Add
#9
shauneco
The EU is on the verge of collapsing, Brexit maybe hard but it'll be harder if we stayed in. Imagine if we stayed in and France left. We'd go down with it. Brexit is scary but as I've stated before the EU dream is over.

Agreed that Europe and the world were at a crossroad. It could be argued that the ship was sure to sink so we ditched the ship. As none of us know for sure what may have happened if we stayed in the EU, what is even more arguable is that we triggered the downfall of the EU.

Yes, the EU was having bigger challenges then it ever has had but those challenges were dealing with market forces and we are triggering a man-made mini-tsunami. If France done that to us, we would not continue with business as usual but we would see them as selfish and we would not want them to get out of the deal, whatever was in their best interest because it would be fare to say that they did not take our best interest into account.

So with Brexit yet to be triggered, no one sensible was expecting Armageddon. To be fair, everyone expects at least a short term cost to our economy. Before going into this vote, we should have been presented with unbiased factual information. We should have debated how much are we prepared to pay for Brexit from our pockets? If Brexit was a £50 Billion pound investment over 3 years, and it would generate £100 billion extra over the next 5 years, fine, we can sign up to it. But what we should have been debating is how much would we all be prepared to pay for Brexit and all the good stuff regarding the promised land? Would we pay £500 each? £1000 each? £10,000 each?

I think even this weekend we are not getting the deals that were on offer last black Friday / cyber Monday. Even this weekend could be costing a few hundred pounds more. Lets see if the sale are up or down as compared to last year once the figures are all in.

Even more important then the direct cost to our pockets, is the cost of living in a potentially less peaceful world. The EU has no doubt played a roll in gelling together nations, some of whom have been in devastating world wars in opposing camps.

Moving forwards, we are all in it together, so lets hope for and work for the best outcome.
2 Likes #10
batezy_1984
Hahaha The Guardian..... say no more!
The difference between the Guardian and the Mail/Express/Sun is that the Guardian gives different views and leaves its readers to make up their own minds whereas the tabloids only give one view because they know that their readers can't think for themselves.

Which newspaper do you consult?
#11
mubashar
shauneco
The EU is on the verge of collapsing, Brexit maybe hard but it'll be harder if we stayed in. Imagine if we stayed in and France left. We'd go down with it. Brexit is scary but as I've stated before the EU dream is over.
Agreed that Europe and the world were at a crossroad. It could be argued that the ship was sure to sink so we ditched the ship. As none of us know for sure what may have happened if we stayed in the EU, what is even more arguable is that we triggered the downfall of the EU.
Yes, the EU was having bigger challenges then it ever has had but those challenges were dealing with market forces and we are triggering a man-made mini-tsunami. If France done that to us, we would not continue with business as usual but we would see them as selfish and we would not want them to get out of the deal, whatever was in their best interest because it would be fare to say that they did not take our best interest into account.
So with Brexit yet to be triggered, no one sensible was expecting Armageddon. To be fair, everyone expects at least a short term cost to our economy. Before going into this vote, we should have been presented with unbiased factual information. We should have debated how much are we prepared to pay for Brexit from our pockets? If Brexit was a £50 Billion pound investment over 3 years, and it would generate £100 billion extra over the next 5 years, fine, we can sign up to it. But what we should have been debating is how much would we all be prepared to pay for Brexit and all the good stuff regarding the promised land? Would we pay £500 each? £1000 each? £10,000 each?
I think even this weekend we are not getting the deals that were on offer last black Friday / cyber Monday. Even this weekend could be costing a few hundred pounds more. Lets see if the sale are up or down as compared to last year once the figures are all in.
Even more important then the direct cost to our pockets, is the cost of living in a potentially less peaceful world. The EU has no doubt played a roll in gelling together nations, some of whom have been in devastating world wars in opposing camps.
Moving forwards, we are all in it together, so lets hope for and work for the best outcome.

I think the EU would have still collapsed ( eventually ) regardless of our Brexit vote and when we do Brexit properly, That is one of the many reasons I voted leave, I could see that the EU is heading in the wrong direction, in the last decade we've had more silly little rules imposed, immigrants have arrived in their thousands, It isn't sustainable. Then we've seen all the terrorist attacks in France, Belgium and Germany and that has influenced our decisions. 4 or 5 years ago I honestly believe I would have voted remain but not now it needs massive reforms imo as does our government tbh, If there was an election tomorrow I don't think there is any party electable. It's all a mess.
#12
RonChew
batezy_1984
Hahaha The Guardian..... say no more!
The difference between the Guardian and the Mail/Express/Sun is that the Guardian gives different views and leaves its readers to make up their own minds whereas the tabloids only give one view because they know that their readers can't think for themselves.

Which newspaper do you consult?


I don't read any of that. I read the posh Sun (The Times) :D
#13
batezy_1984
RonChew
batezy_1984
Hahaha The Guardian..... say no more!
The difference between the Guardian and the Mail/Express/Sun is that the Guardian gives different views and leaves its readers to make up their own minds whereas the tabloids only give one view because they know that their readers can't think for themselves.
Which newspaper do you consult?
I don't read any of that. I read the posh Sun (The Times) :D
I can remember when The Times was a great newspaper, then Murdoch bought it. Nowadays, it's just the Sun with longer words, not very much longer though. ;)
#14
RonChew
batezy_1984
RonChew
batezy_1984
Hahaha The Guardian..... say no more!
The difference between the Guardian and the Mail/Express/Sun is that the Guardian gives different views and leaves its readers to make up their own minds whereas the tabloids only give one view because they know that their readers can't think for themselves.
Which newspaper do you consult?
I don't read any of that. I read the posh Sun (The Times) :D
I can remember when The Times was a great newspaper, then Murdoch bought it. Nowadays, it's just the Sun with longer words, not very much longer though. ;)


Hahaha defo I don't deny it!

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