Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To be worried that the Brexiteers might be wrong and an economic disaster is waiting if we leave?

495 replies

Girlwithnotattoos · 20/06/2016 23:09

What if we wake up on Friday out of the EU, probably nothing immediately other than some soul searching by the remainders. But what about in the months to come? What if all the economists and world leaders were right? We could be heading down the swanny big time, companies moving to the EU proper, jobs going left right and centre, deficit increasing because of lost revenues (taxes, vat etc).

I've listened to the fervent Brexiteers who have dismissed everything put to them as propaganda and yet they still haven't come up with a plan to counter the 'what if' scenarios. Am I the only one to be worried that nobody has a plan B if the economy does slow down to tune of 1.4%to 6% as predicted bearing in mind that a reduction of just 0.4% would counteract any saving to be made on what we contribute to the EU?

OP posts:
purits · 21/06/2016 10:04

Presumably all those rabid Brexiters will leave the UK should the vote result be "remain" because if the EU is so appallingly bad for us, they will choose to go and live outside the EU - maybe in Norway or Switzerland that they keep raising as a shining beacon? You know, putting their money and prinicples where their mouths are?

That's strange logic. Why don't the Remainers go and live in continental Europe and leave Britain for the Brexiters. That makes more sense.

Alisvolatpropiis · 21/06/2016 10:07

Little

Calling someone racist isn't intrinsically abusive. Usually it's just factual.

mamamea · 21/06/2016 10:07

Brexiters have been getting threats of violence and death www.breitbart.com/london/2016/06/20/mujahid-tweeter-calls-breitbart-editor-kassam-attacked/

bertsdinner · 21/06/2016 10:08

I dont go on Twitter/Facebook, but the insults I mainly see (on here and Guardian cif), are "xenophobic little Englander/swivel eyed" type stuff. I can believe some leavers are equally as bad as dishing out the insults.

SemiNormal · 21/06/2016 10:10

nearlyhellokitty how was my comment nasty? Hmm

...and yes, I've seen nastiness on both sides of the campaign, neither side can particularly claim the moral high ground.

Littlemisslovesspiders · 21/06/2016 10:19

Calling someone racist isn't intrinsically abusive. Usually it's just factual.

Wow.

Not when it'steeple that I know that the only reason they are being called it is because they have said they are voting Leave.

How about people stop making sweeping statements a) about people they know nothing about b) has absolutely no basis.

Littlemisslovesspiders · 21/06/2016 10:20

It's

nearlyhellokitty · 21/06/2016 10:30

on Jo Cox.

nearlyhellokitty · 21/06/2016 10:31

I can say that I have seen nastiness from Vote Remain as well, but what I said was abuse from Vote Leave - difference.

Littlemisslovesspiders · 21/06/2016 10:38

I can say that I have seen nastiness from Vote Remain as well, but what I said was abuse from Vote Leave - difference.

I truly have seen it both ways.

My next door neighbour has been spat at campaigning for leave. I have heard of the same when people have been voting for remain.

None of it is acceptable and goodness knows if it will stop whoever wins.

Oliversmumsarmy · 21/06/2016 10:47

Nobody is saying that we live in a utopia right now.

You could have fooled me the way people go on about how fantastic it is being in the EU. After all don't we get cheap holidays and cheap food and our homes rise stupendously in value year on year
I for one will not be staying if we remain in. I want a future for my children. dp is terminally ill and I cannot see how just getting a basic job is an impossibility.

ThisCakeFilledIsle · 21/06/2016 10:54

The modern usage of racist can so wide as to render it to my mind at least "a person unconvinced by the practicalities of open borders" so I wait for more info before accepting the judgement of keyboard warriors on the issue!

I think it's a good plan for me to repeat as a mantra "respect to all participants in the democratic process.."

SemiNormal · 21/06/2016 10:57

nearlyhellokitty so me commenting on the nasty comments I've heard from those voting to Remain regarding Jo Cox makes me the nasty one? ummm okay. Confused

thecatfromjapan · 21/06/2016 10:57

Nearly every leading economist predicts a recession, with some disagreement on the size of that recession.
A recession will hit the poorest, hardest: no jobs or low-paid jobs; cuts in benefits; more cuts to the NHS and education budgets.
Have a look at the Mumsnet webchat with the impartial experts.
It's worrying.

Millyonthefloss2 · 21/06/2016 11:15

thecat Nearly every leading economist predicts a recession

To quote the most recent Wetherspoons beer mat (!) "I think that you are relying too much on cronies, whose organisations did not predict the last downturn and who don’t realise what they don’t know ... Democracy leads to prosperity."

www.walesonline.co.uk/business/business-news/wetherspoons-print-new-brexit-beer-11497114

sandrabedminster · 21/06/2016 11:23

Put aload of economists in a room and they won't agree on anything.

The same ones that the obvious recession they didn't predict before.

There will be another recession regardless as the fudementals weren't fixed last time. Theres only so much you can lower interest rates and print money before it blows up.

nearlyhellokitty · 21/06/2016 11:25

milly I'm sorry but you're wrong on this:
www.thetimes.co.uk/edition/business/almost-all-the-economists-are-sitting-on-one-side-on-this-brexit-seesaw-2h6602rrf

nearlyhellokitty · 21/06/2016 11:27

This reply has been deleted

Message deleted by MNHQ. Here's a link to our Talk Guidelines.

nearlyhellokitty · 21/06/2016 11:28

or just glibly bring it up like you did.

Permanentlyexhausted · 21/06/2016 11:34

Hmm ... I suspect that some people mistake 'not getting our own way in Europe' for 'Undemocratic', although, actually, we do get our own way the majority of the time.

It is also rather amusing that people who live in a country with an unelected second chamber, an unelected head of state, and a voting system which discriminates against smaller parties, encourages polarisation, and gives skewed results effectively disenfranchising millions (FPTP), should think that the EU is undemocratic.

Millyonthefloss2 · 21/06/2016 11:38

I am not wrong Kitty. I'm not interested in reports from doommongerers and the IMF etc. (recently lead by the disgraced Dominique Strauss Kahn ). Neither do I trust articles in Rupert Murdoch's Times newspaper.

I only take advice from unhysterical people I actually trust with my own real life hard-earned money, people like Neil Woodford who is one of the few fund managers who safely steered his investors through the last recession.

"Star fund manager Neil Woodford has said that voting to leave the EU would be economically neutral for the UK, arguing that FTSE 100 executives were “wrong” to sign a letter claiming that a Brexit would be bad for business."

www.ft.com/cms/s/0/db390a7c-db1a-11e5-a72f-1e7744c66818.html#axzz4CD03JLQo

I also trust Tim Martin and believe everything on the Wetherspoons beermat!
www.walesonline.co.uk/business/business-news/wetherspoons-print-new-brexit-beer-11497114

sandrabedminster · 21/06/2016 11:39

A vote for brexit doesn't mean you support the house of lords. Plenty would like to get rid of it, but we are not talking about them.

Ailicece · 21/06/2016 11:40

sandrabedminster you can't compare the UK with Norway and Switzerland! They each have less than a 12th of the population of the U.K. and totally different economic and social histories. Norway is one of the wealthiest countries in the world per capita thanks to its oil, for a start. They have chosen to stay out, having never joined - and because trade with the EU is very important to them they have agreed to abide by pretty much all the rules and regulations that Brexiters say we'll somehow magically escape. Norway also pays almost as much into the EU per capita as the UK, without getting a say!

Goods imported from the EU are heavily taxed in Norway, and to a lesser degree Switzerland. I know, because run a small business selling goods online. An item that costs £100 to a customer in the UK (or the rest of the EU) ends up costing a Norwegian customer £125 - and this is despite their trade agreements with the EU!

Apart from the fact that pretty much everything is a LOT more expensive for consumers in these two countries, it's also much harder for a small business to sell goods into them. If Brexit happens, we will suddenly lose a large portion of our EU customers (as buying from the UK will be more expensive for them). Also, the items that we sell come from other EU countries so will become more expensive for us to import, meaning that our prices will go up, even for UK customers. My little business, which I've built up from scratch and which employs 3 other people (mums working flexible hours) will have to close (or move our base elsewhere) along with numerous similar little businesses.

Is this really what we want?

yougotitdude · 21/06/2016 11:43

Honestly? Im shitting myself.

Ive got a cash reserve, my freezer is full and topped right up with petrol in case the shit really does hit the fan.

Millyonthefloss2 · 21/06/2016 11:45

Switch off your fan.

Swipe left for the next trending thread