Project Fear now totally exposed as economy booms

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Project Fear now totally exposed as economy booms

Just some random front page headlines from the British press this morning:

"Economy defies Brexit doubters," Daily Telegraph.

"Britain booms after EU vote," Daily Express.

"Business as usual: Bank [of England] reports no Brexit slump," The Times.

This was inevitable after the outrageous scaremongering put about by the Remain camp.

You'll recall that one of their central arguments was that, even in the run-up to the referendum, the economy would suffer badly due to uncertainty: companies would be reluctant to hire people; consumers wold stop spending; foreign direct investment (FDI) would pause.

All garbage, now being refuted by reality as the Bank of England (BoE) says there is absolutely no sign of a Brexit slowdown, unemployment falls to an 11 year low of 4.9 percent, overall employment hits a record high of 74.4 percent of the working age population, the latest BoE survey shows consumers are calm and activity has been unaffected, the FTSE100 has surged to its highest levels since last August, and a $32 billion investment decision was announced this week by Japan's SoftBank, with much more FDI now expected due to the weaker pound and Britain's relatively better economic performance than the Eurozone.

The four horsemen of the apocalypse appear to have other things to do...


http://www.thecommentator.com/article/6377/project_fear_now_totally_exposed_as_economy_booms

Christ Tommy, you are even thicker than I though you were, and that's saying something.   That dip was a direct result of the banking crisis when there was a very good chance banks might fold and nobody, including purchasing managers, was buying anything.

Index still spent more time below average than above under Labour!!!

You obviously need help with points on a chart as well.   Did you even finish infant school?

Tommy, seeing as you place so much faith in the graphs here's the latest



Going down

Tommy Monk wrote:


Sassy... by your logic... labour/brown signing the Lisbon treaty must have caused the 2008 crash...!?

Just as well Broon did sign the Lisbon Treaty because the Article 50 you keep asking for was introduced in the Lisbon Treaty which took effect in December 2009


Article 50

1. Any Member State may decide to withdraw from the Union in accordance with its own constitutional requirements.

2. A Member State which decides to withdraw shall notify the European Council of its intention. In the light of the guidelines provided by the European Council, the Union shall negotiate and conclude an agreement with that State, setting out the arrangements for its withdrawal, taking account of the framework for its future relationship with the Union. That agreement shall be negotiated in accordance with Article 218(3) of the Treaty on the Functioning of the European Union. It shall be concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament.

3. The Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period.

4. For the purposes of paragraphs 2 and 3, the member of the European Council or of the Council representing the withdrawing Member State shall not participate in the discussions of the European Council or Council or in decisions concerning it.

A qualified majority shall be defined in accordance with Article 238(3)(b) of the Treaty on the Functioning of the European Union.

5. If a State which has withdrawn from the Union asks to rejoin, its request shall be subject to the procedure referred to in Article 49.

http://www.lisbon-treaty.org/wcm/the-lisbon-treaty/treaty-on-european-union-and-comments/title-6-final-provisions/137-article-50.html

Amazinh huh!

In the same way that someone who pushes you into a big hole should be thanked for there being a ladder down there to try to climb out with...


If brown/labour hadn't signed us in to the Lisbon treaty then we wouldn't now need to be trying to get out of it!!!



Your leftie logic is classic 'quantum'...

Tommy Monk wrote:


In the same way that someone who pushes you into a big hole should be thanked for there being a ladder down there to try to climb out with...


If brown/labour hadn't signed us in to the Lisbon treaty then we wouldn't now need to be trying to get out of it!!!



Your leftie logic is classic 'quantum'...

You're clutching at straws Tommy. If we legally signed into the EU (which we did) then we would be liable to compensate every state for any financial loss as well as every company for leaving by just walking away. RW logic right enough

And what did you think of the latest graph? Bad init?

Legally signed into the eu...!?


When was that then...!?


And without the approval of the british people...!?

Tommy Monk wrote:Legally signed into the eu...!?


When was that then...!?


And without the approval of the british people...!?

Check the ruling of the court when there was an attempt to bring treason charges against the Tory government for taking us in. I told you this before Tommy.

What do you think of the graph I put up? It's from the same source that you used for your graph so you shouldn't have any problems accepting that the economy isn't booming after all and it's going down - fast.

Thought we were talking about sassys claim that the eu referendum vote to leave a month ago is the cause of the recent couple years trend of lowering PMI...?


Although any fool can see that something that happened a month ago and hasn't actually changed anything with regards to eu rules etc... cant possibly be the cause of a downward trend in pmi that started over 2 years ago!