Final nail in the coffin

[Paddy]

Reverse Brexit with second referendum to save your economy, OECD tells UK

Economic experts have made an explosive suggestion of a further referendum to reverse Brexit, to avoid the crippling of the British economy.

The influential Organisation for Economic Co-operation and Development (OECD) said the deadlock in the exit talks now threatened a “disorderly Brexit”, with severe consequences.

Its report controversially puts the case for a dramatic rethink on the agenda – suggesting halting EU withdrawal is a route to avoiding that fate.

The OECD analysis suggests a “no-deal” Brexit would wipe up to a staggering £40bn off UK economic growth by 2019.

The UK economy will grow 1.5 per cent slower in 2019 if the country crashes out of the EU without a trade deal or a transition deal with the bloc in March 2019, it said.

Crucially, it makes the assumption that trade talks will break down - triggering a hard Brexit and slapping tariffs on imports and exports between the EU and UK.

Reverse Brexit with second referendum to save your economy, OECD tells UK | The Independent

[BlasterBates]

Oh dear they won't shut up will they the experts.

[ChimpMaster]

Oh dear they won't shut up will they the experts.

I suppose you can take it to be an educated view, as opposed to the voters in Lincolnshiite.

[AtW]

Oh dear they won't shut up will they the experts.

What do they know? Farage and Boris know better

[bobspud]

What do they know?

How accurate are OECD forecasts? | OECD Insights Blog

judge for yourself...

[AtW]

How good are the forecasts made by Farage and Boris?

[Platypus]

judge for yourself...

Ta. I have.
https://order-order.com/2017/10/17/a...ous-forecasts/

[Mordac]

Reverse Brexit with second referendum to save your economy, OECD tells UK






Reverse Brexit with second referendum to save your economy, OECD tells UK | The Independent

The OECD do seem to cry wolf quite a lot. I seem to remember they warned sterling was over-valued before the referendum vote, assuming Remain would win and push sterling even higher. Take whatever they say with a good lump of salt.

[bobspud]

How good are the forecasts made by Farage and Boris?

No better.

But here is the point. There is not a graph in the world that could have predicted my spending patterns in the past 5 years. Economies work on sentiment. If all you do is scare the bejesus out of the proles you can't be surprised to see them start stashing cash instead of spending it. Same for this mess.

[glebe digital]

So many policy wonks getting desperate for a U-turn....and the more desperate they get, the more sure I am that leaving is for the best, deal or no deal.