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by renaudg
2715 days ago
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Well, of course. Remain is the current, familiar situation. A Remain victory wouldn't have come with a 25% drop in the pound, rampant inflation, the worst growth rate of G8 countries, stockpiling of food and drugs, and an increasing risk to see the world order that brought about the longest period of peace (70 years) in this corner of the world, being toppled. A Remain victory would also have been obtained in spite of, not thanks to, Russian interference, fake news, and overspending by Vote Leave (as found by the Electoral Commission who referred them to the police) So yes, somehow the idea of a second referendum makes more sense in one case than in the other. Dunno why... |
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Why do people spout such provable nonsense?! Inflation is around the BoE target rate of 2% having just nudged down a touch (consensus forecast for Jan 2019 is 2.1%). Rampant inflation is what you see in Venezuela and Zimbabwe. A moment's thought should disabuse you of this opinion.
Back in late 2015, the UK's growth was around 2.9% based primarily on fundamentals that are largely unrelated to Brexit (IT and software). Those fundamentals haven't changed so there's a high likelihood that growth is dragging due to overall negative sentiment as a result of Brexit uncertainty.
Clear that fog, and growth should bounce back. The fastest way to clarity that honours the referendum result, though many don't want to hear it, is a no-deal departure with appropriate WTO exceptions based on national security assertions (de-risking essential supplies) during an FTA negotiation period coupled with the (already given) assertions on the EU citizens' right-to-remain in the UK.