Is This Just Scaremongering

[emmie]

or does he have a point

https://www.bbc.co.uk/news/business-46377309

[Ken4155]

Neither. It's just a 'worst case scenario' as it says in your link.

[Theland]

No. Time to get the tin hats on and adapt the same mentality we had when the German bombs fell.
Stick together and win.

[emmie]

but everyone, though not so much on AB, thinks the world is going to crashing to a halt if we don;t get a deal,

[Theland]

WW2 and Europe rolled over. We didn't. Think!

[ToraToraTora]

All these remoaner types have been held prisoner by the EUSSR so long they have Stockholm syndrome.

[hereIam]

Won't they all get a shock when it all works out fine ..

[emmie]

here i am
i hope you are right, then we can breathe a sigh of relief and get on with our lives.

[retrocop]

I gave up listening to any predictions from Mark Carney many moons ago. He predicted armageddon after the fair referendum didn't go the way his masters wanted. They were wrong then and I suspect still wrong now.

[cassa333]

Well the BOE has been wrong on most things over the past few years and I see no reason to think anything has changed.

We’ve had the worst case scenario, now how about the best case scenario.

However nothing is set in life and economies go up and down. Whatever happens we will work it out and be better for it.

[sanmac]

Remember midnight on New Year's Eve, 1999: Every computer in the world was supposed to crash; guess what?...They didn't. Same situation again I bet.

[ToraToraTora]

hereiam: "Won't they all get a shock when it all works out fine .." - they are working hard to make sure that doesn't happen.

[ichkeria]

I don’t actually think it is a worst case scenario: it’s a “most likely given what we think we know” scenario. In other words it could be better or it could be worse but this is the middle ground.

[Ken4155]

I said on an earlier thread that no-one - remainer or brexiteer - KNOWS what will happen. If he had said that the economy would flourish, there would be those on here saying, "See! Even he agrees with us."

[Theland]

Maybe sack the bankers, investors, etc and go back to barter?
No more demand for grey suits!

[Theland]

How many people actually work to produce anything that is USEFUL?

[jim360]

Sanmac -- the reason that basically nothing happened in 1999 is actually because (a) people took the threat seriously, and (b) prepared for it by upgrading or repairing their systems, so that (c) the risk was avoided.

You are drawing literally the worst possible conclusion.

[hereIam]

I've given up worrying about this farce a LONG time ago !

[sanmac]

But, jim360, it amused me to do so:)

[andy-hughes]

If I had a pound for every time I have advanced this view -

It is scaremongering, no-one knows what is going to happen, so everything is guesswork.

Guessing is free, anyone can have a go!

[jim360]

Well, perhaps, but I worry more about the complacency of those who are dismissing the risks out of hand. In practice the worst-case scenario will never be even tested, and more likely is just that growth in the next few years tends to flatline or be depressed from what it could have been.

But the risks of a disorderly, no-deal, messy car-crash of a Brexit shouldn't be underestimated. I don't see it as an excuse to just accept whatever deal is thrown at us but at least let's try to make an informed decision about the future of this country, and by definition that *has* to include discussing possible economic impacts.