Who will be the next Prime Minister

finchy

Coopster the 1st wrote:

Stevo 666 wrote:

It is looking like some people on here are almost taking pleasure in being negative so they can say 'I told you so'...

100% agree with you. This board in particular is like a negative spiral 'cheer led' by a few 'remoaners'

It snippets like this that continue to give me the confidence Brexit is the right decision:

Now here's an interesting factoid - the Berlin Stock Exchange (or Borse Berlin, if you please) employs more people in London than it does in Berlin.

So what will happen to them post-Brexit? Chief executive Artur Fischer tells Today: "I will always be where my customers are. The uncertainty about what's going to happen is everywhere in the City. My reassurance is I will be there where the customers are and I believe London has so much to offer that I'm confident that in the future we will still continue to operate out of London."

And in the meantime, I'm £2500 down from my cancelled project, I'm sitting on my computer more or less constantly (it gets turned on at 7 am and off at midnight), trying to pick up any scraps of work I can find, I've e-mailed all my semi-regular clients, I've earned £10 since Brexit and when I finish my OU studies this October there's a very good chance I'll graduate into a recession.

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

ugo.santalucia

finchy wrote:

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

I know many people in Coopster's area, as I used to cycle in his club... typically in their early 50s, finished paying a mortgage on a property that over the past 20 years has gone up 4-5 fold in value, they are bombproof, no wonder they are not particularly worried.

Jez mon

Surrey Commuter wrote:

Bo Duke wrote:

Stevo 666 wrote:

Rick Chasey wrote:

Post referendum UK is now 6th biggest economy behind France who is now 5th.

Exchange rates can and will move. If I had posted we had overtaken France as the 5th largest economy when sterling was stronger there would probably be a queue of people on here claiming it was only down to exchange rates. Hopefully you will celebrate when it moves back?

It is looking like some people on here are almost taking pleasure in being negative so they can say 'I told you so'...

These are the real 'Little Englanders' who enjoy wallowing in their own misery.

A man walks up to two brickies on a building site and asks 'what are you building?'
The first replies 'a wall' the second 'a cathedral'.
Go figure.

Little Englander = British nationalist

Does strike me as ironic that a group of people who have by and large talked down the country for years as being ruined by the EU are now calling for everyone to be positive....

coopster_the_1st

finchy wrote:

And in the meantime, I'm £2500 down from my cancelled project, I'm sitting on my computer more or less constantly (it gets turned on at 7 am and off at midnight), trying to pick up any scraps of work I can find, I've e-mailed all my semi-regular clients, I've earned £10 since Brexit and when I finish my OU studies this October there's a very good chance I'll graduate into a recession.

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

Sunderland voted leave because of the influx of cheap labour from eastern Europe led to many in manual work not having a pay rise since about 2003, with premiums paid for overtime being slashed to flat rate, because that is the rate the competition (mostly Poles) would work.

And a view from other side^

I don't see you arguing for their families and the impact on their lives over the last 10+ years

As long as you are alright...

coopster_the_1st

ugo.santalucia wrote:

finchy wrote:

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

I know many people in Coopster's area, as I used to cycle in his club... typically in their early 50s, finished paying a mortgage on a property that over the past 20 years has gone up 4-5 fold in value, they are bombproof, no wonder they are not particularly worried.

I'm no longer in that area or in that club so your comment carries no point regarding me.

But yes, cyclists with £3k+ bikes are more bombproof than many others. But this socio-economic group are much more likely to vote remain (remember Rick's FT chart) :roll:

Hence they can vote dispassionately as to what is best for the country in the long term rather than voting based on project fear...

surrey_commuter

Coopster the 1st wrote:

Stevo 666 wrote:

It is looking like some people on here are almost taking pleasure in being negative so they can say 'I told you so'...

100% agree with you. This board in particular is like a negative spiral 'cheer led' by a few 'remoaners'

It snippets like this that continue to give me the confidence Brexit is the right decision:

Now here's an interesting factoid - the Berlin Stock Exchange (or Borse Berlin, if you please) employs more people in London than it does in Berlin.

So what will happen to them post-Brexit? Chief executive Artur Fischer tells Today: "I will always be where my customers are. The uncertainty about what's going to happen is everywhere in the City. My reassurance is I will be there where the customers are and I believe London has so much to offer that I'm confident that in the future we will still continue to operate out of London."

SteveO is being disingenuous - he knows full well that Rick does not sit in front of his clients saying we are all doomed. What is said on here will have absolutely no effect on the economy.

Re-read your reassuring quote - I see no reference to hiring more people or even not cutting jobs. you do know that is not a major exchange. How many people does it employ in London. Do you know it is 1% of the size of LSE?

LSE employs 5,551 people. If the Boerse Berlin has 1% of the turnover how many people do we guess they employ and how many of them are in London?

who feeds you these confidence inspiring snippets and does it not worry you that it is the best they have?

ugo.santalucia

Coopster the 1st wrote:

ugo.santalucia wrote:

finchy wrote:

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

I know many people in Coopster's area, as I used to cycle in his club... typically in their early 50s, finished paying a mortgage on a property that over the past 20 years has gone up 4-5 fold in value, they are bombproof, no wonder they are not particularly worried.

I'm no longer in that area or in that club so your comment carries no point regarding me.

But yes, cyclists with £3k+ bikes are more bombproof than many others. But this socio-economic group are much more likely to vote remain (remember Rick's FT chart) :roll:

Hence they can vote dispassionately as to what is best for the country in the long term rather than voting based on project fear...

I was not referring to you, as I never got to know your personal situation. I think you are wrong, they mostly voted "Leave" and talking to a few of them it was ideology: Britain should govern itself and not be governed by the hyperburocratic system of Brussels. Ideology is a great thing, if you can afford it, they clearly can, as all they've got to lose is maybe a kitchen extension to be postponed, many others can't and will suffer the consequences. I am on the fence, meaning I will suffer some of the consequences, but nowhere near as bad as others, but I feel for the latter and I resent the former... I no longer talk to them

surrey_commuter

Coopster the 1st wrote:

ugo.santalucia wrote:

finchy wrote:

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

I know many people in Coopster's area, as I used to cycle in his club... typically in their early 50s, finished paying a mortgage on a property that over the past 20 years has gone up 4-5 fold in value, they are bombproof, no wonder they are not particularly worried.

I'm no longer in that area or in that club so your comment carries no point regarding me.

But yes, cyclists with £3k+ bikes are more bombproof than many others. But this socio-economic group are much more likely to vote remain (remember Rick's FT chart) :roll:

Hence they can vote dispassionately as to what is best for the country in the long term rather than voting based on project fear...

why does that chart get an eye roll?

coopster_the_1st

ugo.santalucia wrote:

Coopster the 1st wrote:

ugo.santalucia wrote:

finchy wrote:

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

I know many people in Coopster's area, as I used to cycle in his club... typically in their early 50s, finished paying a mortgage on a property that over the past 20 years has gone up 4-5 fold in value, they are bombproof, no wonder they are not particularly worried.

I'm no longer in that area or in that club so your comment carries no point regarding me.

But yes, cyclists with £3k+ bikes are more bombproof than many others. But this socio-economic group are much more likely to vote remain (remember Rick's FT chart) :roll:

Hence they can vote dispassionately as to what is best for the country in the long term rather than voting based on project fear...

I was not referring to you, as I never got to know your personal situation. I think you are wrong, they mostly voted "Leave" and talking to a few of them it was ideology: Britain should govern itself and not be governed by the hyperburocratic system of Brussels. Ideology is a great thing, if you can afford it, they clearly can, as all they've got to lose is maybe a kitchen extension to be postponed, many others can't and will suffer the consequences. I am on the fence, meaning I will suffer some of the consequences, but nowhere near as bad as others, but I feel for the latter and I resent the former... I no longer talk to them

And I think a lot of people, especially the younger voters, who voted to remain did so on the ideology of the EU project despite everyone saying the current project is wrong because it needs to be changed. The reality of the project does not match the ideology of it.

Similar to you I am on the fence with leaving. I know my industry has suffered in pay terms from increased supply in the labour market but also realise post Brexit that the migration will still continue as it is likely to be an area where there are skill shortages. I also know employers will have to take more responsibility to train their current employees. Hopefully it will now become cheaper to train internally than recruit from outside and thus give more opportunities to employees. I see many opportunities once we are over the short term volatility

surrey_commuter

Coopster the 1st wrote:

ugo.santalucia wrote:

Coopster the 1st wrote:

ugo.santalucia wrote:

finchy wrote:

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

I know many people in Coopster's area, as I used to cycle in his club... typically in their early 50s, finished paying a mortgage on a property that over the past 20 years has gone up 4-5 fold in value, they are bombproof, no wonder they are not particularly worried.

I'm no longer in that area or in that club so your comment carries no point regarding me.

But yes, cyclists with £3k+ bikes are more bombproof than many others. But this socio-economic group are much more likely to vote remain (remember Rick's FT chart) :roll:

Hence they can vote dispassionately as to what is best for the country in the long term rather than voting based on project fear...

I was not referring to you, as I never got to know your personal situation. I think you are wrong, they mostly voted "Leave" and talking to a few of them it was ideology: Britain should govern itself and not be governed by the hyperburocratic system of Brussels. Ideology is a great thing, if you can afford it, they clearly can, as all they've got to lose is maybe a kitchen extension to be postponed, many others can't and will suffer the consequences. I am on the fence, meaning I will suffer some of the consequences, but nowhere near as bad as others, but I feel for the latter and I resent the former... I no longer talk to them

And I think a lot of people, especially the younger voters, who voted to remain did so on the ideology of the EU project despite everyone saying the current project is wrong because it needs to be changed. The reality of the project does not match the ideology of it.

Similar to you I am on the fence with leaving. I know my industry has suffered in pay terms from increased supply in the labour market but also realise post Brexit that the migration will still continue as it is likely to be an area where there are skill shortages. I also know employers will have to take more responsibility to train their current employees. Hopefully it will now become cheaper to train internally than recruit from outside and thus give more opportunities to employees. I see many opportunities once we are over the short term volatility

Sorry if you have already said but which industry are you in?

finchy

Coopster the 1st wrote:

finchy wrote:

And in the meantime, I'm £2500 down from my cancelled project, I'm sitting on my computer more or less constantly (it gets turned on at 7 am and off at midnight), trying to pick up any scraps of work I can find, I've e-mailed all my semi-regular clients, I've earned £10 since Brexit and when I finish my OU studies this October there's a very good chance I'll graduate into a recession.

Still, as long as Coopster says everything's OK, that's fine. I'll feed my family off his happy vibes.

Sunderland voted leave because of the influx of cheap labour from eastern Europe led to many in manual work not having a pay rise since about 2003, with premiums paid for overtime being slashed to flat rate, because that is the rate the competition (mostly Poles) would work.

And a view from other side^

I don't see you arguing for their families and the impact on their lives over the last 10+ years

As long as you are alright...

And how is Brexit going to change that? It won't. When have I ever argued against policies that would boost the earning power of the working classes? Never.

Still, glad to see you're happy to sacrifice my family's welfare for some ill-defined freedom from the EU. What a hero you are. It's a privilege and an honour to be on the same forum as you.

Stevo_666

Surrey Commuter wrote:

SteveO is being disingenuous - he knows full well that Rick does not sit in front of his clients saying we are all doomed. What is said on here will have absolutely no effect on the economy.

I know he probably isn't saying that to clients and never said he did. :roll:

But if people take that 'we're doomed' type of attitude out in the business world and act on it instead of doing what we can to make the best of it then that will have a negative impact. Certainly not what I am doing now in terms of planning our BREXIT strategy.

finchy

Stevo 666 wrote:

Surrey Commuter wrote:

SteveO is being disingenuous - he knows full well that Rick does not sit in front of his clients saying we are all doomed. What is said on here will have absolutely no effect on the economy.

I know he probably isn't saying that to clients and never said he did. :roll:

But if people take that 'we're doomed' type of attitude out in the business world and act on it instead of doing what we can to make the best of it then that will have a negative impact. Certainly not what I am doing now in terms of planning our BREXIT strategy.

Obviously we're all doing what we can, but I'm sure you don't need to be told that the UK is dependent on high levels of foreign investment ("the UK is dependent on the kindness of strangers" as somebody important said recently). In my line of work, for example, I often end up translating documents on technology transfer into the UK, for mechanical, civil and electrical engineering. I've now got a load of longstanding clients telling me that they are putting all plans for investing in the UK on hold for the foreseeable future. This isn't driven by feelings of optimism or pessimism, this about the UK's future trading arrangements with the world's largest economy being up in the air. If we experience a sharp drop in FDI... then what do we do?

surrey_commuter

Stevo 666 wrote:

Surrey Commuter wrote:

SteveO is being disingenuous - he knows full well that Rick does not sit in front of his clients saying we are all doomed. What is said on here will have absolutely no effect on the economy.

I know he probably isn't saying that to clients and never said he did. :roll:

But if people take that 'we're doomed' type of attitude out in the business world and act on it instead of doing what we can to make the best of it then that will have a negative impact. Certainly not what I am doing now in terms of planning our BREXIT strategy.

I know that you know that he does not say that to clients. I was trying to clarify for 3rd parties that you see a difference between venting on here and the impact of doing so in the work place. I have a young team who were shittin' it in the immediate aftermath. I got so carried away with my reassurances that it became a Churchillian call to arms that even I started to believe. This may help us take a bigger share of the pie but will not stop the pie from shrinking.

Bo Duke

Surrey Commuter wrote:

Bo Duke wrote:

Stevo 666 wrote:

Rick Chasey wrote:

Post referendum UK is now 6th biggest economy behind France who is now 5th.

Exchange rates can and will move. If I had posted we had overtaken France as the 5th largest economy when sterling was stronger there would probably be a queue of people on here claiming it was only down to exchange rates. Hopefully you will celebrate when it moves back?

It is looking like some people on here are almost taking pleasure in being negative so they can say 'I told you so'...

These are the real 'Little Englanders' who enjoy wallowing in their own misery.

A man walks up to two brickies on a building site and asks 'what are you building?'
The first replies 'a wall' the second 'a cathedral'.
Go figure.

Little Englander = British nationalist

I disagree with you SC... after many years overseas, a little Englander is anyone with a blinkered view due a complete lack of experience outside his own environment. Some of the recent comments are unbelievably painful. :shock:

surrey_commuter

Bo Duke wrote:

Surrey Commuter wrote:

Bo Duke wrote:

Stevo 666 wrote:

Rick Chasey wrote:

Post referendum UK is now 6th biggest economy behind France who is now 5th.

Exchange rates can and will move. If I had posted we had overtaken France as the 5th largest economy when sterling was stronger there would probably be a queue of people on here claiming it was only down to exchange rates. Hopefully you will celebrate when it moves back?

It is looking like some people on here are almost taking pleasure in being negative so they can say 'I told you so'...

These are the real 'Little Englanders' who enjoy wallowing in their own misery.

A man walks up to two brickies on a building site and asks 'what are you building?'
The first replies 'a wall' the second 'a cathedral'.
Go figure.

Little Englander = British nationalist

I disagree with you SC... after many years overseas, a little Englander is anyone with a blinkered view due a complete lack of experience outside his own environment. Some of the recent comments are unbelievably painful. :shock:

Sorry but on this one you are not allowed to disagree with me as that is what it means - an English person who believes the best interests of Britain are served by attention to Britain itself, rather than to the concerns of the empire.
http://www.dictionary.com/browse/little-englander

Lookyhere

Bo Duke wrote:

Surrey Commuter wrote:

Bo Duke wrote:

Stevo 666 wrote:

Rick Chasey wrote:

Post referendum UK is now 6th biggest economy behind France who is now 5th.

Exchange rates can and will move. If I had posted we had overtaken France as the 5th largest economy when sterling was stronger there would probably be a queue of people on here claiming it was only down to exchange rates. Hopefully you will celebrate when it moves back?

It is looking like some people on here are almost taking pleasure in being negative so they can say 'I told you so'...

These are the real 'Little Englanders' who enjoy wallowing in their own misery.

A man walks up to two brickies on a building site and asks 'what are you building?'
The first replies 'a wall' the second 'a cathedral'.
Go figure.

Little Englander = British nationalist

I disagree with you SC... after many years overseas, a little Englander is anyone with a blinkered view due a complete lack of experience outside his own environment. Some of the recent comments are unbelievably painful. :shock:

i disagree with you, suggesting comments you dont like as coming from "little englanders" is a sure sign that you lack tolerance for views you dont hold, typical of someone who cant see further than their nose

You boast of the opportunities to come from Brexit, my daughter who has long held the desire to study foreign languages to degree level, was looking fwd to taking a 3 year uni course that would have involved a years study in Europe, the advice she has received is that there is no guarantee this can now happen, she is gutted, fortunately, she is also 1/2 Australian, so we are looking to emigrate.

haydenm

Lookyhere wrote:

Bo Duke wrote:

Surrey Commuter wrote:

Bo Duke wrote:

Stevo 666 wrote:

Rick Chasey wrote:

Post referendum UK is now 6th biggest economy behind France who is now 5th.

Exchange rates can and will move. If I had posted we had overtaken France as the 5th largest economy when sterling was stronger there would probably be a queue of people on here claiming it was only down to exchange rates. Hopefully you will celebrate when it moves back?

It is looking like some people on here are almost taking pleasure in being negative so they can say 'I told you so'...

These are the real 'Little Englanders' who enjoy wallowing in their own misery.

A man walks up to two brickies on a building site and asks 'what are you building?'
The first replies 'a wall' the second 'a cathedral'.
Go figure.

Little Englander = British nationalist

I disagree with you SC... after many years overseas, a little Englander is anyone with a blinkered view due a complete lack of experience outside his own environment. Some of the recent comments are unbelievably painful. :shock:

i disagree with you, suggesting comments you dont like as coming from "little englanders" is a sure sign that you lack tolerance for views you dont hold, typical of someone who cant see further than their nose

You boast of the opportunities to come from Brexit, my daughter who has long held the desire to study foreign languages to degree level, was looking fwd to taking a 3 year uni course that would have involved a years study in Europe, the advice she has received is that there is no guarantee this can now happen, she is gutted, fortunately, she is also 1/2 Australian, so we are looking to emigrate.

Tell her to keep at it, Germany and Italy are talking about allowing young Brits citizenship if they are studying there so hopefully there is a potential advantage

bobmcstuff

verylonglegs

Lookyhere wrote:

Bo Duke wrote:

Surrey Commuter wrote:

Bo Duke wrote:

Stevo 666 wrote:

Rick Chasey wrote:

Post referendum UK is now 6th biggest economy behind France who is now 5th.

Exchange rates can and will move. If I had posted we had overtaken France as the 5th largest economy when sterling was stronger there would probably be a queue of people on here claiming it was only down to exchange rates. Hopefully you will celebrate when it moves back?

It is looking like some people on here are almost taking pleasure in being negative so they can say 'I told you so'...

These are the real 'Little Englanders' who enjoy wallowing in their own misery.

A man walks up to two brickies on a building site and asks 'what are you building?'
The first replies 'a wall' the second 'a cathedral'.
Go figure.

Little Englander = British nationalist

I disagree with you SC... after many years overseas, a little Englander is anyone with a blinkered view due a complete lack of experience outside his own environment. Some of the recent comments are unbelievably painful. :shock:

i disagree with you, suggesting comments you dont like as coming from "little englanders" is a sure sign that you lack tolerance for views you dont hold, typical of someone who cant see further than their nose

You boast of the opportunities to come from Brexit, my daughter who has long held the desire to study foreign languages to degree level, was looking fwd to taking a 3 year uni course that would have involved a years study in Europe, the advice she has received is that there is no guarantee this can now happen, she is gutted, fortunately, she is also 1/2 Australian, so we are looking to emigrate.

The claims are getting more ludicrous aren't they? Greater opportunities despite potentially restricting trade and movement with a whole continent? Which goes against all historical evidence of what makes a nation flourish, trade and the sharing of knowledge and culture through travel. Who are the blinkered ones again?

rick_chasey

Stevo 666 wrote:

Surrey Commuter wrote:

SteveO is being disingenuous - he knows full well that Rick does not sit in front of his clients saying we are all doomed. What is said on here will have absolutely no effect on the economy.

I know he probably isn't saying that to clients and never said he did. :roll:

But if people take that 'we're doomed' type of attitude out in the business world and act on it instead of doing what we can to make the best of it then that will have a negative impact. Certainly not what I am doing now in terms of planning our BREXIT strategy.

Ah come on. If I can't let off steam on a forum where can I?

There are (limited) opportunities in Brexit, but it's making the best of a bad situation.

My firm too is in a reasonable position. To be blunt, our margins can take a hammering and we'll be OK, plus the type of hires we do are essential and importantly I'm not exposed to the IB sector in any meaningful way. My friends who are are genuinely looking for new careers.

But the macro perspective just worries me over je next two years. There won't be any growth in most industries and career wise it's quite an important time.

Of course there are always opportunities and I've taken the lead on exploiting a bunch, but it's the best of a worryingly bad situation.

I also highlight the issues since I do rate expect views and I resent the deliberate ignorance of them. That their predictions have been right so far in spite of Brexiter comments makes me want to highlight their accurate predictions.

It's a disaster socially and economically and I want to make sure as many Brexiters see that as possible so they don't f*ck it up again. Once is already too many.

Stevo_666

Surrey Commuter wrote:

Stevo 666 wrote:

Surrey Commuter wrote:

SteveO is being disingenuous - he knows full well that Rick does not sit in front of his clients saying we are all doomed. What is said on here will have absolutely no effect on the economy.

I know he probably isn't saying that to clients and never said he did. :roll:

But if people take that 'we're doomed' type of attitude out in the business world and act on it instead of doing what we can to make the best of it then that will have a negative impact. Certainly not what I am doing now in terms of planning our BREXIT strategy.

I know that you know that he does not say that to clients. I was trying to clarify for 3rd parties that you see a difference between venting on here and the impact of doing so in the work place. I have a young team who were shittin' it in the immediate aftermath. I got so carried away with my reassurances that it became a Churchillian call to arms that even I started to believe. This may help us take a bigger share of the pie but will not stop the pie from shrinking.

As I've said before, the forecast consensus that I have seen shows reduced growth, not recession. Unless you know better?

cycleclinic

I am hopeful recession will be avoided but a slowdown is inevitable. How Leadsom insists that is all poppycock just shows the how deluded she is. Pound will get as low as 1.20 per dollar think. At least we have a variable rate morgage so that will get cheaper at least. Never had anything else and it has paid off for the last 15 years.

mamba80

Stevo 666 wrote:

Surrey Commuter wrote:

Stevo 666 wrote:

Surrey Commuter wrote:

SteveO is being disingenuous - he knows full well that Rick does not sit in front of his clients saying we are all doomed. What is said on here will have absolutely no effect on the economy.

I know he probably isn't saying that to clients and never said he did. :roll:

But if people take that 'we're doomed' type of attitude out in the business world and act on it instead of doing what we can to make the best of it then that will have a negative impact. Certainly not what I am doing now in terms of planning our BREXIT strategy.

I know that you know that he does not say that to clients. I was trying to clarify for 3rd parties that you see a difference between venting on here and the impact of doing so in the work place. I have a young team who were shittin' it in the immediate aftermath. I got so carried away with my reassurances that it became a Churchillian call to arms that even I started to believe. This may help us take a bigger share of the pie but will not stop the pie from shrinking.

As I've said before, the forecast consensus that I have seen shows reduced growth, not recession. Unless you know better?

2 weeks in, too soon to say what will happen yet, we ll probably have to wait until the Autumn, its a real shame, self inflicted "slow downs/recessions" are historically hard to find.

Stevo_666

mamba80 wrote:

Stevo 666 wrote:

Surrey Commuter wrote:

Stevo 666 wrote:

Surrey Commuter wrote:

SteveO is being disingenuous - he knows full well that Rick does not sit in front of his clients saying we are all doomed. What is said on here will have absolutely no effect on the economy.

I know he probably isn't saying that to clients and never said he did. :roll:

But if people take that 'we're doomed' type of attitude out in the business world and act on it instead of doing what we can to make the best of it then that will have a negative impact. Certainly not what I am doing now in terms of planning our BREXIT strategy.

I know that you know that he does not say that to clients. I was trying to clarify for 3rd parties that you see a difference between venting on here and the impact of doing so in the work place. I have a young team who were shittin' it in the immediate aftermath. I got so carried away with my reassurances that it became a Churchillian call to arms that even I started to believe. This may help us take a bigger share of the pie but will not stop the pie from shrinking.

As I've said before, the forecast consensus that I have seen shows reduced growth, not recession. Unless you know better?

2 weeks in, too soon to say what will happen yet, we ll probably have to wait until the Autumn, its a real shame, self inflicted "slow downs/recessions" are historically hard to find.

I agree about waiting to see. I struggle to see how quite a few on here seem to think they have a crystal ball that tells them it will be a total cluster**** in all respects.

bobmcstuff

Forecasts I've seen range from marginally above 0 to -1 or -1.5%.

Either way any reduction in growth by leaves you with a smaller economy later on whether it's recession or just less growth.

mamba80

Imagine the bounce when TM announces "not in national interest to leave...." £ reaches all time highs, ftse smashes through 10,000 points and Morgan Cars recruits 100,000 new workers to build a new British Ford Focus beater!

and then us lefties can come on here and demand more fat cat tax rises lol!

Stevo_666

bobmcstuff wrote:

Forecasts I've seen range from marginally above 0 to -1 or -1.5%.

Either way any reduction in growth by leaves you with a smaller economy later on whether it's recession or just less growth.

Err, at the risk of stating the bleeding obvious....a reduction in growth which is not a recession is still growth so in that case the economy will still be bigger than it is now - just not as big as it would have been if growth had been higher.

Some on here are stating an absolute reduction in GDP as if it were fact.

Stevo_666

mamba80 wrote:

Imagine the bounce when TM announces "not in national interest to leave...." £ reaches all time highs, ftse smashes through 10,000 points and Morgan Cars recruits 100,000 new workers to build a new British Ford Focus beater!

and then us lefties can come on here and demand more fat cat tax rises lol!

Exactly When the economy is doing well it's all about social justice etc. When it looks like its doing badly the same whingers are saying its all about the economy....

There's no pleasing some people.

bobmcstuff

Stevo 666 wrote:

bobmcstuff wrote:

Forecasts I've seen range from marginally above 0 to -1 or -1.5%.

Either way any reduction in growth by leaves you with a smaller economy later on whether it's recession or just less growth.

Err, at the risk of stating the bleeding obvious....a reduction in growth which is not a recession is still growth so in that case the economy will still be bigger than it is now - just not as big as it would have been if growth had been higher.

Some on here are stating an absolute reduction in GDP as if it were fact.

Yes that's what I meant, sorry - "smaller than it would otherwise have been". My logic isn't quite that bad

I hope we don't have a recession as it would be quite annoying. But it doesn't seem beyond the realms of possibility either.