Re: Scaremongering
@ JC_
"You are clearly confused. The Remain campaign - and 10 Nobel Prize winning economists - are all predicting a drop in GDP if the vote is to leave."
Potentially less growth than there would be with very little supporting a recession. So basically our over-performing growth with a stressed effort to add negative effects and not to consider better economic policy which we could do if we leave. Apparently the largest bank in Germany has concluded that on Brexit we are the place to invest as we will boom. So we might grow a little slower (but still growing strong) maybe, assuming the same economic policies we currently have.
"As for Turkey joining the EU: not in the foreseeable future and perhaps never if Imam Erdogan continues on his path"
Except they have just been granted millions of visas due to the Turkeys threats over migration, Cameron supports their joining (has already said he wont veto) and Turkey have already got Germany agreeing to fast track their acceptance. Unless something changes it is happening. I do accept this is under-reported but remain votes would be lost otherwise.
@ wikkity
"Not everyone, those with savings yes, those struggling to pay mortages no"
Always some winners and some losers but one of the huge economic problems, particularly in London, has been ever growing house prices and the loss of one of the levers to protect us from the damage of recessions. This is why various central banks want to return their rates to normal for the next recession.
Biting the hand that feeds IT
