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Thread: Bank of England Governor may resign next week

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  1. #1

    Re: Bank of England Governor may resign next week

    Quote Originally Posted by Organ Morgan. View Post
    Mark Carney could quit his Bank of England role within DAYS after his 'Project Fear' predictions were repeatedly proven wrong: http://www.dailymail.co.uk/news/arti...rnor-DAYS.html

    Is he sulking after doing his best to sway people to stay in the EU with a series of doom-mongering predictions prior to the referendum, or does he think HMS Britannia is heading for a financial iceberg?

    Hard for his predictions to be proven right or wrong yet TBF.

    http://www.huffingtonpost.co.uk/entr...b00e5804f19126


    Amazingly, the economy is continuing as if we were still at present a member of the European Union and able to trade tariff-free across the 27 member states”.

    It then points out with devastating bluntness that, “This is because until Theresa May invokes Article 50, we are still at present a member of the European Union and able to trade tariff-free across the 27 member states”.

    Or, in more technical terms, Brexit hasn’t happened yet and “the shit hasn’t hit the fan”.

  2. #2

    Re: Bank of England Governor may resign next week

    Quote Originally Posted by cityviking View Post
    Hard for his predictions to be proven right or wrong yet TBF.

    http://www.huffingtonpost.co.uk/entr...b00e5804f19126


    Amazingly, the economy is continuing as if we were still at present a member of the European Union and able to trade tariff-free across the 27 member states”.

    It then points out with devastating bluntness that, “This is because until Theresa May invokes Article 50, we are still at present a member of the European Union and able to trade tariff-free across the 27 member states”.

    Or, in more technical terms, Brexit hasn’t happened yet and “the shit hasn’t hit the fan”.
    Precisely.

    At present we don't know the terms or even broad details of any potential withdrawal from the EU. We can't even say with 100% certainty that it will happen. Until such a point that it happens and fine details are released/leaked, the only thing to do is carry on as normal. Sure, businesses etc will be looking at safeguards and planning for a number of different eventualities, but they can't do anything until Article 50 is revoked and what form of withdrawal takes place, if it does.

  3. #3

    Re: Bank of England Governor may resign next week

    Quote Originally Posted by cityviking View Post
    Hard for his predictions to be proven right or wrong yet TBF.

    http://www.huffingtonpost.co.uk/entr...b00e5804f19126


    Amazingly, the economy is continuing as if we were still at present a member of the European Union and able to trade tariff-free across the 27 member states”.

    It then points out with devastating bluntness that, “This is because until Theresa May invokes Article 50, we are still at present a member of the European Union and able to trade tariff-free across the 27 member states”.

    Or, in more technical terms, Brexit hasn’t happened yet and “the shit hasn’t hit the fan”.
    you got it in one , brexit folk are beging to moan about prices , euros abroad, yawn ,

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