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Old 07.10.2016, 11:29
Urs Max Urs Max is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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IMF in June: "Brexit will trigger a recession in the UK"
IMF in October: "Britain will be fastest growing G7 economy this year"

Funny thing about all the doom and gloom mongers like you is that you're just waiting and hoping for disaster. Instead of accepting the decision and trying to help shape the future for the UK after Brexit, the remoaners just sit on the side lines slinging mud.
At that time Cameron was still saying Brexit would happen "swiftly". We've got a glimpse of what could have happened in such a case during the days after the vote, including real estate funds dropping 15% or more and forced to close for withdrawals.

Once it was clear that Brexit would happen in an at least somewhat orderly fashion markets returned to normal. And yet (IIRC) GDP growth prediction is still for a reduction from 2.6% to 1.1% in 2017.

Whether the still-falling GBP will have inflation rise, which may force the central bank to raise interest rates and thereby reduce GDP growth further, is yet to be seen. Macro effects usually take 2-3 calendar quarters to manifest themselves in the numbers.
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