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The top American "neutral" economists told us that everything was great in the real estate market right before 2008. Sterling is up against USD since March. Be

The top American "neutral" economists told us that everything was great in the real estate market right before 2008. Sterling is up against USD since March. Besides, a low pound can be good for exports/manufacturing. The idea that if the pound drops against the USD it's categorically "bad" is untrue and simplistic. When David Cameron was campaigning, he said he'd be glad to have a referendum and he thought that a Brexit might actually be better for the UK. Thanks to that he was voted in with a majority, and promptly changed his tune to saying a Brexit would be lead to a catastrophe. Funny how he changed his mind so quickly. Also funny how the "neutral" economists didn't pipe up to correct Cameron during the election.

dragonwriter 10y ago
> The top American "neutral" economists told us that everything was great in the real estate market right before 2008. The US housing bubble collapse was widely and publicly predicted by leading independent (that is, those not working for banks or government) economists of every political stripe for many years before the collapse.
- ConfuciusSay02 10y ago
  Those independent economists were not the ones being trotted out on the media talk shows back then, and there's no reason to think the independent economists would be trotted out now for this Brexit debate.
  - dragonwriter 10y ago
    > Those independent economists were not the ones being trotted out on the media talk shows back then They were widely reported in major news media, including appearances on "media talk shows".
    - ConfuciusSay02 10y ago
      Widely reported? It was just the opposite.
    - coldtea 10y ago
      Only after-the-fact, when the burst was clearly visible...
DanBC 10y ago
> Funny how he changed his mind so quickly. Politicians being politicians. Here's Borris before and now. https://tompride.wordpress.com/2016/05/28/the-great-eu-debate-boris-johnson-vs-boris-johnson/ https://tompride.wordpress.com/2016/05/28/the-great-eu-debat...

dragonwriter 10y ago

> The top American "neutral" economists told us that everything was great in the real estate market right before 2008. The US housing bubble collapse was widely and publicly predicted by leading independent (that is, those not working for banks or government) economists of every political stripe for many years before the collapse.

ConfuciusSay02 10y ago
Those independent economists were not the ones being trotted out on the media talk shows back then, and there's no reason to think the independent economists would be trotted out now for this Brexit debate.
- dragonwriter 10y ago
  > Those independent economists were not the ones being trotted out on the media talk shows back then They were widely reported in major news media, including appearances on "media talk shows".
  - ConfuciusSay02 10y ago
    Widely reported? It was just the opposite.
  - coldtea 10y ago
    Only after-the-fact, when the burst was clearly visible...

DanBC 10y ago

> Funny how he changed his mind so quickly. Politicians being politicians. Here's Borris before and now. https://tompride.wordpress.com/2016/05/28/the-great-eu-debate-boris-johnson-vs-boris-johnson/ https://tompride.wordpress.com/2016/05/28/the-great-eu-debat...