OT. The futures Bright, the Futures Brexit!!!

[ramAnag]

But people seem to like either smooth talking sharp suited PR as in Cameron or those apparent rebels like Trump and Farage who pretend they understand the "ordinary folk" but in reality just feed their fears to further their own agendas.

Nail on the head...in a nutshell...like!

[Trickytreesreds]

I do despair when you get all excited over conspiracy theories - yes there are politicians and other powerful figures within the Eu who favour closer integration, yes the \euro became apolitical rather than an economic project and yes there is a lack of border controls within the EU (which are being rexamined in the light of recent events), but the Uk had remained in the EU and not participated in those, so your conjecture that at some stage in the future, the Uk would accept all these and become part of the european superstate its possible, but no Uk government has ever seemed likely to go down that road and whilst in the Eu we had a unique veto.

Yes we have cast doubt on the remain campaign's liberal interpretation of the facts and almost panic stricken doom mongering - as for institutions like the IMF, well economic forecasts are just that and need to be taken with some cynicism, though of course it may well take a decade or so to truly establish whether leaving the EU was good or bad for the country.

37% of the population is not the silent majority is it? And as I pointed out, people in ares which have had no mass immigration were stating that as the reason they voted leave, so clearly they werent talking from personal experience.

As the research indicated, there was a strong correlation between those who harked backed to the "good old days" who were in favour of the death penalty and socially conservative and those who voted leave, irrespective of social class or wealth.

If there was one thing that is true, its that the world changes and leaving the Eu is not going to stop that, so a hell of a lot of people who voted for Brexit are going to be very disappointed when things dont change they way they expect.

If in the next decade, inward investment reduces and firms relocate to the EU, taking those jobs with them, then people at the sharp end are going to be worse off, many of them will have voted for Brexit when maybe they should have voted for government with socially cohesive policies?

Sorry Swale, pulling you up on that one.
The most shocking Brexit opinions came from the midlands across the country.
Also, many of these areas were staunch Labour strongholds as well.
London apart, which is nothing more than a migration mish mash now anyway. The working man on low incomes made their feelings known.
The EU and its policies has and still is hurting the man at the bottom end of the ladder.
It didn't surprise me.
Cameron gambled with a promise to get re elected. It was his way to head off UKIP defection.
It blew up in his face and Juncker and his mates, squarely blame him for this.
They never believed we should have been allowed a vote in the first place.

Whatever, I'm going to press on with it. We're still floating and enough squealing of discontent is coming out from Europe to tell me that the fun is only just beginning over there.

Vive la revolution

[ramAnag]

Not disagreeing at all about Cameron or the 'staunch Labour strongholds' comment, Tricky. My point, and I think Swale's too, is that the referendum outcome is not going to benefit the 'working man on a low income' or 'the man at the bottom end of the ladder' at all.
It's all very well talking about EU corruption, never denied it, but is it any better in the UK? Cameron's recent 'cronyism', amongst other things, would suggest not.

[swaledale]

Sorry Swale, pulling you up on that one.
The most shocking Brexit opinions came from the midlands across the country.
Also, many of these areas were staunch Labour strongholds as well.
London apart, which is nothing more than a migration mish mash now anyway. The working man on low incomes made their feelings known.
The EU and its policies has and still is hurting the man at the bottom end of the ladder.
It didn't surprise me.
Cameron gambled with a promise to get re elected. It was his way to head off UKIP defection.
It blew up in his face and Juncker and his mates, squarely blame him for this.
They never believed we should have been allowed a vote in the first place.

Whatever, I'm going to press on with it. We're still floating and enough squealing of discontent is coming out from Europe to tell me that the fun is only just beginning over there.

Vive la revolution

You believe what you want to Tricky, when people believe what they believe is true, despite what the facts show then theres really no debating with them! You make sweeping generalisations, whilst ignoring the detail.

As for welcoming the revolution, may be you should read some history and be careful what you wish for!

[ramAnag]

Just picked up a 'Metro' at the station and, in the absence of anything decent to read, the headline is 'New Banking Crisis Looms'.
I wouldn't know...any observations from Roger or any other remaining economists?

[Andy_Faber]

Have you considered reading the smaller words further down the page?

[roger_ramjet]

BoE will probably drop interest rates by 0.25% shortly

[macstheman]

It seems BoE not been quite as strong in their monitoring of banks activities as they perhaps should!!

[ramAnag]

Have you considered reading the smaller words further down the page?

Unusually patronising for you AF...bad morning? I wasn't following an agenda, it was a genuine question, but seeing as you ask...which part of 'the smaller words'? Mark Carney's denial, the 'BoE asleep at the wheel' part or the bit about the UK now having only a '50/50 chance of avoiding recession following the Brexit vote'?

[Andy_Faber]

Good morning actually, its my birthday, and cheap shot aside, is any of the copy they've used actually new? I can't find Markyboy being quoted anywhere else, the BBC are usually all over him like a rash.

[roger_ramjet]

It is the Metro - it has to sell advertising space to survive so it has to be sensationalist. Its a **** paper but that doesnt make the prospect of short term recession any more distant....

[ramAnag]

Cheap shot? I don't know...never read the 'Metro' before. Quite enjoyed the Cerys Matthews bit but not much more. It might have all the credibility of the 'Express' or the 'Sun' for all I know. It was an alarming headline - which I recognise is written to attract attention - and an equally alarming article. Just wondered what those who are more 'economically literate' thought of it, that's all.
Happy Birthday anyway...may all your wishes - about Derby and promotion - come true.

Closing in on 600 at least, which I doubt the England cricket team will be managing this time around.

[southernram22]

last time we went into recession ramanag we were in europe so as i see it theres no difference.

[macstheman]

Mine also Andy, Leo's rule ok!

[ramAnag]

last time we went into recession ramanag we were in europe so as i see it theres no difference.

Jeez...for the umpteenth time...I was asking a question, not scoring points.