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Re: Theresa May set to lose again

By: Cactus Flower in ALEA | Recommend this post (0)
Tue, 12 Mar 19 9:42 PM | 58 view(s)
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Msg. 29113 of 54959
(This msg. is a reply to 29111 by clo)

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There's some good news on that side of things.

The Bank of England has reduced it's worst case scenario in the event of a no deal exit (something like a 6-8% hit to the economy) by around 2%.

So they see the worst case as a recession. Something that usually happens every 5-10 years anyway.

For me, that reduces the economic downside considerably while leaving in place the long term flexibility of being outside a tariff wall that guards a sluggish economic system.

Whether we get a no deal brexit is anyone's guess. But if the choice is remain or leave - well, we had that vote.


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The above is a reply to the following message:
Re: Theresa May set to lose again
By: clo
in ALEA
Tue, 12 Mar 19 8:53 PM
Msg. 29111 of 54959

But is there anyone jumping to take over?

seems time has only added to the fears of what will happen, either way.


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