Suggesting you swap a continental quilt for a French word duvet seems like a suitably gammon argument....
In the case of no deal, our spending commitments continue to rise, if our GDP flatlines the government raises less in tax. Result, they gave to borrow more.
The reason you guys will be able to carry on claiming this is all project fear is because you don’t understand how small changes have big effects. By coincidence, there’s a Citibank report out that The Times have covered today which says the economy is about £60bn smaller NOW than it would be is we’d voted Remain. That means the economy is 2.5% smaller than it would have been, it means compared to other G7 countries our growth has lagged behind them since 2016. But have we noticed? Well no, because being 2.5% worse off isn't huge and it’s not shared out equally - I’ve noticed loads more rough sleepers in places as far apart as Leeds and Reading, I have a relative who is (genuinely) seriously ill who has had her benefits cut, but personally I’ve been absolutely fine thanks very much. So, ‘ problem, what problem?’ I could say, if I was thick. (No offence, Chesh . ). And, even with a no deal outcome, the Citibank report does not say we’ll go into recession, it predicts two years of roughly zero growth, followed by 1.1% in 2022. Problem is, that means the economy would in just 3 years of no deal be 5% smaller relative to growing at say 2% a year - the impact on public sector borrowing of that is huge...... which gets you back to why no deal brexit will mean a big increase in borrowing. Again, for quite a few years, we can go that - eventually though we are ****ed. Either like the Greeks were or we were in the 60’s and 70’s for those of you like me old enough to remember the economic hell that was a ‘free’ Britain.
You could save Pizza Express with your economic genius. Hey Pizza Express look at how much you're spending on renting restaurants. Close them down and you'll save a fortune!
Where do spending commitments continue to rise, we're saving 39bn plus 1 bn a month. Boris has already said this money will be used on Hospitals and other requirements. You say if the GDP flatlines, so you're not sure then, just guessing. UK will continue to trade with the EU irrespective of no deal or deal. We're also signing continuation trade agreements post Brexit which come into activation on 1st Nov 2019. We've also signed a huge trade deal with USA, and trade deals with other countries outside the EU, which will also be activated on 1st Nov 2019. Exports won't change to the EU, they need what we have and we need what they have. Lay off the scaremongering, it's out of date and fake news.
Just read the first book then fell asleep just the one question, was the report from a bank, you know the ones who bankrupted the UK by getting every fooking thing wrong ? That's what I thought, don't mind if I take no fooking notice of this **** do you.
Would that be the same Citibank that had to be bailed out by the US government because they couldn't even forecast their own business was going to the wall.
I’m impressed you even tried. Yo answer your key question, yes it’s from experts, you don’t need to worry about it. Nigel Farage knows best
Yes, you can dismiss it. LL will have a video of t’internet along shortly, complete with robot voice, believe that instead.
Funny enough we have rough sleepers in Crewe, always got a can of beer in their hand and when the local YMCA offered them a bed and help, they all turned it down, because the YMCA won't let them get pissed and take their drugs.
