Quote:
Originally Posted by LeatherTrumpet
TS we have been heading into a mild recession for ages and its nowt to do with the brexit, which wont happen for 2 years anyroad. Growth forecasts are down, public sector borrowing is still out of control and sterling has been in a bear market for the last 2 years.
trying to blame all that on something that has not happened is a bit daft
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Equally as daft as trying to pretend that the result itself, and even the pre-Brexit rumblings, haven't played a large part? There are shockwaves that we haven't even begun to feel yet, that were triggered on the day of the result. Even at the most basic level, consumer confidence is in the gutter, and that will have an absolutely massive knock-on effect that only compounds itself. Retail is suffering. Construction is also grinding to a shuddering halt. The country was not in a position to be able to absorb the "short term pain" in order to reap the "long term gain" - if there ever was to be any.
The actual day that we leave, two years down the line, is almost irrelevant... significant damage will already have taken hold.
Show me one broadsheet publication, or one unbiased academic economist worth their salt, managing to put even a vaguely positive spin on where the country is going? There aren't any. The only people managing to do so are still-hopeful Brexitters who are desperate to prove that they made the right decision, and politicians who will talk up a "better tomorrow" and "vision for the future"
no mater what because - again - they know it's vital to maintain consumer confidence and they have to make people feel like it's safe to part with their money.
The truth? We're on a sinking ship and anyone with the means to get out currently, e.g. a dual citizenship or marketable skill, should probably do so. Right now.