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UK Independence == Bad
....
Fuck off wi' that logic.
Nice try, though.
Funnily enough a few pages ago I was told I was wrong when I said that "UK independence good, Scottish independence bad" was a tad hypocritical though.
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein
We were told by the great and the good that if the UK did not join the Euro, much of the City would decamp to Paris and Frankfurt, the Japanese carmakers would up sticks and our economy would be severely damaged. Never happened.
In 2013 the IMF’s chief economist, Olivier Blanchard, warned that Britain’s growth forecasts were very low. When challenged, the Chief Economist responded: ‘I am right and they are wrong’. His estimates turned out to be inaccurate and UK growth was much stronger than he predicted.
In June 2013, the IMF was forced to admit it had issued ‘economic projections that were too optimistic’ about its joint austerity programme with the EU in Greece.
Back in 1979 economists forecast Japan's economy would overtake the USA to become the biggest economy in the world - it never got close.
Irving Fisher, one of America's greatest ever economists, said in October 1929 that he believed equities had reached a "permanently high plateau." Less than two weeks later, stocks plunged and didn't reach the highs they fell from for 25 years.
Paul Samuelson, the first American to win the Nobel Prize in economics, said in 1961 that "the Soviet economy is proof that, contrary to what many skeptics had earlier believed, a socialist command economy can function and even thrive." The Soviet economy collapsed.
In 2010, billionaire entrepreneur Richard Branson issued a warning that "the next five years will see us face another crunch – the oil crunch," predicting a severe supply shortage. Five years later, the price of oil is actually lower than it was then.
James Glassman and Kevin Hassett's 1999 book "Dow 36,000" predicted that the Dow Jones stock index would more than triple in the years ahead. Even now, 16 years later, the index is only just halfway to 36,000.
Former Fed chair Alan Greenspan warned in his 2007 book "The Age of Turbulence" that the world might need double digit interest rates to control inflation in the near future. Rates have been near zero for the vast majority of the time since.
Joan Robinson, one of the 20th century's most prominent Keynesian economists, visited the Koreas in 1964 and said "as the North continues to develop and the South to degenerate, soon or later the curtain of lies must surely begin to tear." South Korea is model of efficiency whilst North Korea is a basket case.
Professor Ravi Batra wrote a book called "The Great Depression of 1990," predicting global turmoil. It was a New York Times number one bestseller in 1987, yet the world's economy hit a boom period.
I could go on with examples of poor economic forecasts.
Universities and scientists have a vested interest as the first requires cash from foreign students and the second gets EU funding and access to EU projects.
The experts can just f**k off. They're irrelevant.
This debate is simple. Who do you want to govern the UK? Do you want to be part of an EU superstate and do you want the Euro? If we remain we will have to dump the pound and take the Euro to stay at the centre of the EU's decision making machinery - we will be stuck bailing out the likes of Greece, Spain and Portugal. These are facts. Greece will need a bailout in the Autumn.
Remember, it's easier to criticise than create!
Welcome to Brexit: where you should ignore educated opinion. Even if those experts come from different fields, and have come to the same conclusion for vastly different reasons.
The rise of anti-intellectualism is fast becoming a serious threat it seems. See also Donald Trump.
Seriously: If you value it, take/fetch it yourself
And who pays these economists? Who do they work for?
Remember, it's easier to criticise than create!
You're right, it's all a big conspiracy. Everyone against Brexit is in on it. Paid up EU conspiracy members.
It's amazing they kept it secret for so long.
Tinfoil hats at the ready, chaps!
Dude, you completely ignored @Fretwired's post and cherry-picked a sentence that best suits the impression you want to give people of the Brexit campaign. Much like the rest of the Remain campaign![;) ;)](/plugins/EmojiExtender/emoji/fb/3.gif)
If your argument for Remain is that "anyone who thinks anything else is a dumbass", then you're not doing anyone any favours. Equally "these clever people think we should stay in, so should you" is silly.
I'm just curious as to why you put so much store in economic experts? We have no idea what happens next should we vote to leave. The EU believes it could take two years to negotiate exit during which time we would remain members. There are too many variables to make any reliable economic forecast so at best these economists are offering a worthless opinion.
The ECB's near two-year long experiment with negative interest rates has been a complete failure, and deflationary pressures across the Eurozone are actually getting worse, not better, despite the efforts of Europe's central bank to try and boost growth.Economic research group Markit says France and Germany hover close to stagnation - if Europe was to fall back into recession it would be the worst possible scenario: a recession and deflation at the same time. Maybe it's time we left the sinking ship.
The UK doesn't have a trade agreement with China and yet we sell them billions of pounds worth of goods each year. The national airline has just ordered billions of pounds of aircraft engines from Rolls Royce. There is a big wide world outside the EU.
Remember, it's easier to criticise than create!
I'm fully aware that I'm being a dickhead. I'm just fed up of attempting to be reasonable or polite to inward-looking nationalists and conspiracy theorists. They're not interested in a debate---post expert opinion and they either ignore it or claim its part of some gigantic conspiracy. Its tedious and frustrating.
I wasn't referring to myself. You're not very smart, are you?