Contributor Leaderboard

No I don't agree. The base figure the Remonians cling on to is actually a year or so long rise caused by the market's belief that Cameron was going to win. We were/are still in fact in a recovery phase from Global Gordon's seriously bad mistiming of the normal economic cycle. He convinced himself that the good times were bad times, and that he'd ended "stop go economics" when in fact things were still in the warm shadow of previous market reforms, and about to turn down again. Real economists were telling him that he was wrong for several years, but a lecturer at a second rate polly clung on to the religious belief that he knew better. His excuse was that he was the victim of an unforeseeable "Global" economic turn down, when in fact he was the trigger through failure to regulate our very own economic numbskulls at Northern Rock (please search back on my postings at that time). There is no POSITIVE correlation between the value of our currency and our future prospects like you wish to imply, but there is almost certainly a negative one. Having an overvalued currency is fatal. The huge boost in UK stock market values and surge in inward investment IS indicative though, as is the record low unemployment levels. Wages will be forced up after a decade of complete stagnation caused by our far too close relationship with the moribund Eurozone - that's EXACTLY what the Leavers intended! Now please answer my question as to "why you think the EU is an economically viable construct?"

Aye, Raisbecks. Leavin' Netherton Village School one day ah shit mesel an' decided ah better wahk yem. Haffway ti West Lea the bus stopped an' the Raisbecks driver tried ti get is on the bus. It took a few minutes like ti convince him ah was happy wahkin'. Ah think ah did iverybody on the bus a favah.

Curious that the Remainers predicted the economy would tank at even the hint of a OUT majority? Cable predicted a stock market crash of -30% whereas it's now +30%. So where do you want the place goal posts on this major economic setback? You can have your pick, but "somewhere over there" isn't going to get written into the rules. Someday sometime is also the problem with socialist politicos and their sunny uplands; they attempt to string generation after generation along whilst ensuring that everything is working well for their class IN THE NOW. The USSR's apparatchiks ran out of excuses after 70 years, but in the Internet age the EUSSR simply hasn't got that long. Anyway, I'm very curious to know exactly why you think the EU is an economically viable construct? I'm delighted that the the exchange rate is working well for you. If you look at the history it came straight off a high and is now pretty much exactly where it was in 2009/10. I know a few British ex-pats who are having to alter their lifestyles, and we are conscious that our own money goes nothing like as far, but there are several neat compensations. What has reduced the general impact for Brits is that "weak hands" left during the last downer and the long-termers are preconditioned to wild exchange rate swings. If you bought eurozone property in the early 2000's at going on for €1.60 : £1 - as most did here - your property is notionally worth far more in Sterling terms, and you can console yourself that you probably couldn't consider it now. That's until you come to sell it and discover that there is mostly a huge difference between estate agent and real world prices, and that it's very much a buyer's market.

Even more UK chickens hatching: