The Brexit referendum thread: potential consequences for GB, EU and the Brits in CH

[Sandgrounder]

	Quote:	Loz1983
	Who's blamed the British government? Before the 2008 crash people were reasonably prepared to listen to the government, business leaders and financial institutions. The crash changed all that as people realised that these people by and large don't actually know what they are talking about so there is little need to be deferential towards them.

In reality, though, it was a concerted and sustained tabloid campaign to undermine them, and keep it that way. Looks like it worked, too, eh?

"Don't listen to them - look what they did! Read all about it here and we'll tell you how to think from now on".

[Blueangel]

	Quote:	Sandgrounder
	"Don't listen to them - look what they did! Read all about it here and we'll tell you how to think from now on".

...said Rupert Murdoch, daily. Quelle surprise!

Rupert Murdoch was once asked why he hated the EU so much. ‘That’s easy,’ he replied.’When I go into Downing Street they do what I say; when I go to Brussels they take no notice.’. ...

[StirB]

	Quote:	Loz1983
	What do they know? The financial crash 10 years ago proved that they know fook all, which is why people don't pay attention to them anymore.

Do you not believe weather forecasts because Michael Fish got it badly wrong once in 1987? Grow up.

[bigblue2]

	Quote:	StirB
	Do you not believe weather forecasts because Michael Fish got it badly wrong once in 1987? Grow up.

well if you look back at that forecast he didn't actually get it wrong, someone asked about a hurricane hitting the uk, and he was factually correct in saying there wasn't

	Quote:	Sandgrounder
	In reality, though, it was a concerted and sustained tabloid campaign to undermine them, and keep it that way. Looks like it worked, too, eh? "Don't listen to them - look what they did! Read all about it here and we'll tell you how to think from now on".

No it's not, it's hard facts.

The IMF didn't predict the crash in 2008, and then didn't predict the recovery in 2010. They also said the Brexit vote would cause an immediate recession as well as a housing price fall and stock market crash. They are so often wrong that it's any wonder that anyone take their opinions seriously.

[Blueangel]

	Quote:	Loz1983
	They also said the Brexit vote would cause an immediate recession as well as a housing price fall and stock market crash. They are so often wrong that it's any wonder that anyone take their opinions seriously.

For the umpteenth time, the only reason that the UK economy didn't fall down the rabbit hole is because of the quantitative easing Mark Carney announced. And for the punchline...that all has to be paid back, on top of everything else if the economy tanks under 'no deal'. The UK economy is currently bobbing around at sea on a lilo. It only takes one pin.

[Blueangel]

Purely out of interest, and seeing as you're a betting man Loz, what would you do in this scenario...

You're given two hot tips for a race and you have £50 in your pocket. The horses are 2/1 and 20/1. What's your bet?

[bigblue2]

	Quote:	Blueangel
	Purely out of interest, and seeing as you're a betting man Loz, what would you do in this scenario... You're given two hot tips for a race and you have £50 in your pocket. The horses are 2/1 and 20/1. What's your bet?

25 quid eachway on them both

[StirB]

	Quote:	Blueangel
	Purely out of interest, and seeing as you're a betting man Loz, what would you do in this scenario... You're given two hot tips for a race and you have £50 in your pocket. The horses are 2/1 and 20/1. What's your bet?

Aah, nice try at tricking me! Obviously I don't listen to either of those experts and put the full £50 on another one that my gut tells me is going to win.

[Odile]

I never bet- well I did once, and look where it got me

[Blueangel]

	Quote:	bigblue2
	25 quid eachway on them both

And who did you borrow the extra £50 from?

	Quote:	StirB
	Aah, nice try at tricking me!

No trick. I worked in the betting industry on and off between 1988-2009. The answers tell me a lot about a person.

	Quote:	Blueangel
	For the umpteenth time, the only reason that the UK economy didn't fall down the rabbit hole is because of the quantitative easing Mark Carney announced. And for the punchline...that all has to be paid back, on top of everything else if the economy tanks under 'no deal'. The UK economy is currently bobbing around at sea on a lilo. It only takes one pin.

This isn't true, as has already been posted on here many times before. And it also doesn't deflect from the fact that the IMF "experts" are so often wrong.

	Quote:	Blueangel
	Purely out of interest, and seeing as you're a betting man Loz, what would you do in this scenario...

What scenario?

[Today only]

	Quote:	Blueangel
	For the umpteenth time, the only reason that the UK economy didn't fall down the rabbit hole is because of the quantitative easing Mark Carney announced. And for the punchline...that all has to be paid back, on top of everything else if the economy tanks under 'no deal'. The UK economy is currently bobbing around at sea on a lilo. It only takes one pin.

....i think you mean "one prick"...


(and i have to say, there is plenty of choice this time around)

[StirB]

	Quote:	Loz1983
	What scenario?

Reading to the end of things would help you immensely. It applies to most links you post here, too.

[fatmanfilms]

	Quote:	Blueangel
	I saw a queue of well over 100 people snaking down the street from the door of Northern Rock. The exposure to the US subprime mortgage crisis had reached the UK.

Northern Rock got into financial difficulty as they had lent 125% of purchase price / valuation, to people who had self certified their earnings, UK sub prime, not US sub prime mortgages

[baboon]

	Quote:	Loz1983
	This isn't true, as has already been posted on here many times before.

It is true as I substantiated the last time you tried to perpetuate this falsehood.

[marton]

	Quote:	Sandgrounder
	Nothing to do with "being bright" (do you actually read the posts ?) Just pointing out the hypocrisy among Brexiters. Dyson was one of the shouty morons bleating about how awful the EU is then sneaks off to fawn all over them by doing a deal via Singapore.

And now!
Brexit-backer James Dyson is moving his company HQ to Singapore

Source

[Clocker]

	Quote:	marton
	Brexit-backer James Dyson is moving his company HQ to Singapore

Presumably telling those staying in the UK to suck it up ...

[k_and_e]

	Quote:	marton
	And now! Brexit-backer James Dyson is moving his company HQ to Singapore Source

That's a normal strategic move and has nothing to do with Brexit.
Otherwise he wouldn't move to one of the most expensive countries in the world with a more difficult access to the EU.

	Quote:	fatmanfilms
	Northern Rock got into financial difficulty as they had lent 125% of purchase price / valuation, to people who had self certified their earnings, UK sub prime, not US sub prime mortgages

Repeat after me, the Americans were to blame!

	Quote:	baboon
	It is true as I substantiated the last time you tried to perpetuate this falsehood.

And I showed that you were wrong last time too. If you don't want to accept this then I can't help you.