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Remain too. We were told that on the day after a vote to leave there would be an immediate crash of financial markets and recession. That didn't happen.

boyce 9y ago
Sensible heads weren't predicting an instant crash but greatly reduced growth and loss of value of the currency. If you're cherry picking daft predictions there were plenty on each side.
- Boothroid 9y ago
  The Treasury's document today says: "A vote to leave would cause an immediate and profound economic shock creating instability and uncertainty which would be compounded by the complex and interdependent negotiations that would follow". http://www.independent.co.uk/news/business/news/brexit-to-create-instant-diy-recession-warns-george-osborne-a7042886.html http://www.independent.co.uk/news/business/news/brexit-to-cr...
  - rlpb 9y ago
    That did happen, didn't it? No "immediate crash of financial markets and recession", but it doesn't appear that they predicted that.
    - Boothroid 9y ago
      Why don't you try to refute my general point? There was FUD on both sides. I'm just seeking to point this out to those with selective memories that bleat on about the £350m claim as if the remain side were whiter than white. They were not! Just accept it. And after some more research I can confirm the Treasury actually did predict an immediate crash. You are exactly 100% wrong.
      - rlpb 9y ago
        > Why don't you try to refute my general point? I'm not arguing against you. I'm pointing out that you haven't made an argument. A claim with no documented basis is not an informed one, doesn't add anything to the debate and is useless to everyone involved. > And after some more research I can confirm the Treasury actually did predict an immediate crash. You are exactly 100% wrong. Again, you've failed to provide any citation for your claim. Until you provide a citation, readers should disregard your comments as if you haven't said anything.
        Boothroid 9y ago
        'Brexit would prompt stock market and house price crash, says IMF' https://amp.theguardian.com/business/2016/may/13/imf-warns-stock-market-crash-house-price-fall-eu-referendum-brexit https://amp.theguardian.com/business/2016/may/13/imf-warns-s... 'How bad could it get? Morgan Stanley warns British stocks could lose nearly 20 percent in a Brexit win scenario. Bank of America Merrill Lynch believes U.S. stocks could lose upwards of 7 percent. Citigroup sees European stocks down 20 percent. Deutsche Bank sees 10 percent downside risk.' https://www.cbsnews.com/amp/news/could-brexit-vote-cause-a-stock-market-crash/ https://www.cbsnews.com/amp/news/could-brexit-vote-cause-a-s... 'Unemployment would rocket. Tumbleweed would billow through deserted high streets. Share prices would crash. The government would struggle to find buyers for UK bonds. Financial markets would be in meltdown. Britain would be plunged instantly into another deep recession. Remember all that? ..It hasn’t worked out that way. ..it is obvious that the sky has not fallen in as a result of the referendum, and those who said it would look a bit silly.' https://www.theguardian.com/commentisfree/2016/aug/20/brexit-eu-referendum-economy-project-fear https://www.theguardian.com/commentisfree/2016/aug/20/brexit... 'To the shock of many — not least business titans who bankrolled the Remain campaign — the instant collapse doesn’t seem to be happening.' https://www.spectator.co.uk/2016/07/that-brexit-apocalypse-it-just-isnt-happening/ https://www.spectator.co.uk/2016/07/that-brexit-apocalypse-i... Somehow I doubt you would be so scrupulous in asking for sources for generally known facts if they were not so inconvenient for your position. I'm also interested to know in what world you think 'immediate and profound economic shock' does not correspond with a stock market crash.
    - guilhas 9y ago
      No, it didn't. And the Bank of England apologized in January. https://www.theguardian.com/business/2017/jan/05/chief-economist-of-bank-of-england-admits-errors https://www.theguardian.com/business/2017/jan/05/chief-econo...
eviltories 9y ago
But it was the Leave vote that had the majority. Thus, the UK is attempting to leave the EU backed by a campaign of lies and deceit. Remain was the default option, equivalent in outcome to not having had a referendum at all.
- Boothroid 9y ago
  Majority of what? The FUD? In another post I've given a series of links showing some of the crap that was flung around by the remain campaign, of which there was plenty. Bob Geldof on the Thames hurling abuse at Nigel Garage? That was a pretty sight. Eddie Izzard slagging off leave on Question Time didn't look too good either. And if we are on the topic of lies and deceit let's consider the ongoing campaign to undermine the democratic decision of the British people, quisling puppet Gina Miller, war mongerer Blair et al. Lovely bunch of people. It wouldn't surprise me if the £350m was deliberately planted to give remoaners a weapon to undermine the result.
  - eviltories 9y ago
    The majority of the vote. > quisling puppet Gina Miller Please explain your reasoning behind this one, it just sounds like a nonsensical accusation to me. She did everyone a favour by helping to ensure that Parliamentary authority was not compromised. > remoaners Not moaning, just very concerned about the huge self-inflicted wound of Brexit and how it's going to damage the UK. I'm just hoping it will go so badly in the negotiations that they're forced to abandon it.

boyce 9y ago

Sensible heads weren't predicting an instant crash but greatly reduced growth and loss of value of the currency. If you're cherry picking daft predictions there were plenty on each side.

Boothroid 9y ago
The Treasury's document today says: "A vote to leave would cause an immediate and profound economic shock creating instability and uncertainty which would be compounded by the complex and interdependent negotiations that would follow". http://www.independent.co.uk/news/business/news/brexit-to-create-instant-diy-recession-warns-george-osborne-a7042886.html http://www.independent.co.uk/news/business/news/brexit-to-cr...
- rlpb 9y ago
  That did happen, didn't it? No "immediate crash of financial markets and recession", but it doesn't appear that they predicted that.
  - Boothroid 9y ago
    Why don't you try to refute my general point? There was FUD on both sides. I'm just seeking to point this out to those with selective memories that bleat on about the £350m claim as if the remain side were whiter than white. They were not! Just accept it. And after some more research I can confirm the Treasury actually did predict an immediate crash. You are exactly 100% wrong.
    - rlpb 9y ago
      > Why don't you try to refute my general point? I'm not arguing against you. I'm pointing out that you haven't made an argument. A claim with no documented basis is not an informed one, doesn't add anything to the debate and is useless to everyone involved. > And after some more research I can confirm the Treasury actually did predict an immediate crash. You are exactly 100% wrong. Again, you've failed to provide any citation for your claim. Until you provide a citation, readers should disregard your comments as if you haven't said anything.
      - Boothroid 9y ago
        'Brexit would prompt stock market and house price crash, says IMF' https://amp.theguardian.com/business/2016/may/13/imf-warns-stock-market-crash-house-price-fall-eu-referendum-brexit https://amp.theguardian.com/business/2016/may/13/imf-warns-s... 'How bad could it get? Morgan Stanley warns British stocks could lose nearly 20 percent in a Brexit win scenario. Bank of America Merrill Lynch believes U.S. stocks could lose upwards of 7 percent. Citigroup sees European stocks down 20 percent. Deutsche Bank sees 10 percent downside risk.' https://www.cbsnews.com/amp/news/could-brexit-vote-cause-a-stock-market-crash/ https://www.cbsnews.com/amp/news/could-brexit-vote-cause-a-s... 'Unemployment would rocket. Tumbleweed would billow through deserted high streets. Share prices would crash. The government would struggle to find buyers for UK bonds. Financial markets would be in meltdown. Britain would be plunged instantly into another deep recession. Remember all that? ..It hasn’t worked out that way. ..it is obvious that the sky has not fallen in as a result of the referendum, and those who said it would look a bit silly.' https://www.theguardian.com/commentisfree/2016/aug/20/brexit-eu-referendum-economy-project-fear https://www.theguardian.com/commentisfree/2016/aug/20/brexit... 'To the shock of many — not least business titans who bankrolled the Remain campaign — the instant collapse doesn’t seem to be happening.' https://www.spectator.co.uk/2016/07/that-brexit-apocalypse-it-just-isnt-happening/ https://www.spectator.co.uk/2016/07/that-brexit-apocalypse-i... Somehow I doubt you would be so scrupulous in asking for sources for generally known facts if they were not so inconvenient for your position. I'm also interested to know in what world you think 'immediate and profound economic shock' does not correspond with a stock market crash.
  - guilhas 9y ago
    No, it didn't. And the Bank of England apologized in January. https://www.theguardian.com/business/2017/jan/05/chief-economist-of-bank-of-england-admits-errors https://www.theguardian.com/business/2017/jan/05/chief-econo...

eviltories 9y ago

But it was the Leave vote that had the majority. Thus, the UK is attempting to leave the EU backed by a campaign of lies and deceit. Remain was the default option, equivalent in outcome to not having had a referendum at all.

Boothroid 9y ago
Majority of what? The FUD? In another post I've given a series of links showing some of the crap that was flung around by the remain campaign, of which there was plenty. Bob Geldof on the Thames hurling abuse at Nigel Garage? That was a pretty sight. Eddie Izzard slagging off leave on Question Time didn't look too good either. And if we are on the topic of lies and deceit let's consider the ongoing campaign to undermine the democratic decision of the British people, quisling puppet Gina Miller, war mongerer Blair et al. Lovely bunch of people. It wouldn't surprise me if the £350m was deliberately planted to give remoaners a weapon to undermine the result.
- eviltories 9y ago
  The majority of the vote. > quisling puppet Gina Miller Please explain your reasoning behind this one, it just sounds like a nonsensical accusation to me. She did everyone a favour by helping to ensure that Parliamentary authority was not compromised. > remoaners Not moaning, just very concerned about the huge self-inflicted wound of Brexit and how it's going to damage the UK. I'm just hoping it will go so badly in the negotiations that they're forced to abandon it.