I have concluded that the EU is pretty similar to a religious cult. It is exclusivist, it proselytises in order to gain new members and it threatens to punish deserters.
Hear hear. That's one of the best descriptions I've heard of the EU.
Uncertainty is what allows people to build and lose fortunes. If the market remained totally stable and totally predictable then we would sail merrily along the same trajectory, nobody would ever get rich, start business, lose market positioning, take risks. But that is impossible as all markets are unpredictable - who forecasted the banking crisis?
Sometimes you have to take a risk - did West Germany hesitate before it reunited with the DDR? Did we say to China - no, you can't have Hong Kong back because it may harm the UK? Did Mrs Thatcher not worry before the Big Bang in the City of London?
We survived all these.
I've heard that Brexit will cause a recession greater than the Great Depression.
I've heard that contradicted by nother economist who said it was hardly be noticeable.
The only thing these economists can agree on is not to agree.
Anyone who has worked for a large organisation fr the Government knows that you can model figures and facts and assumptions to come up with any scanario you wish. The Treasury have strayed from their usual predictions and just given us the bleak and the bleaker - which suits their employer (the Gvt's ) case, so no surprise there the,
And I find it hilarious when people get so worked up about economists casting chicken entrails. They forget that if we remain in the EU somebody else will eventually be running our economy and making polices that will have a very adverse impact on that same economy of ours we are so desperate to protect. They don't seem to realise that when we hand over control to the EU to meddle deeper and deeper in our national affairs we are giving up many of the tools we need to ensure our economy remains successful.
Some things like sovereignty and self-determination are priceless.