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The forecasts were not based on that, you can go read them. That's something invented later to try and explain why they were wrong. But even if you were right
by peoplewindow 9y ago
The forecasts were not based on that, you can go read them. That's something invented later to try and explain why they were wrong.
But even if you were right about that, Article 50 was invoked and no insta-recession occurred.
Regardless of how you try and slice it the consensus of economists was wrong, 100% and completely wrong. There is no way to deny it.
The other elements of the forecast are coming
Wrong, totally wrong. Go read the Treasury's actual forecast:
https://www.gov.uk/government/news/britain-to-enter-recession-with-500000-uk-jobs-lost-if-it-left-eu-new-treasury-analysis-shows https://www.gov.uk/government/news/britain-to-enter-recessio...
New Treasury analysis shows a vote to leave the EU would tip Britain’s economy into a year-long recession.
Speaking at B&Q in Eastleigh, Hampshire, the Prime Minister and Chancellor set out the Treasury’s analysis of the impact on the nation’s economy over the immediate period of two years following a vote to leave.
Do you see that - vote to leave. Very clear. There was a vote to leave. Their predictions did not come true. My point remains.
- barrkel 9y agoStill a game of chicken. See the poll results in today's FT - businesses still don't believe a hard Brexit is coming.