Post Brexit forecast... How can we trust what experts say?

[mummmy2017]

www.google.co.uk/amp/s/www.dailymail.co.uk/money/markets/article-3902630/amp/Why-does-Bank-boss-Mark-Carney-getting-wrong.html

This guy got it wrong last time, how can we trust what he says?

Wow @jm90914 a voice of reason!

Mark Carney is the Governor of The Bank of England, he has the top job in that institution. He is surrounded by experts in the field of finance. Do you honestly think he just sat down and wrote out this report all by himself simply to upset people, that this report is entirely of his own making ? You don't think maybe some other people helped a little, actual employees of The Bank of England for instance ?

This is a report by The Bank of England, not a report by one man, he gets paid to be the person who tells the UK what The Bank of England thinks, if you don't trust The Bank of England, that's fine, I mean what do those 4,000 plus people know about economics and finance anyway ?

All the ‘experts’ predicted remain would win, & that Trump would never get the top job.

Oh look. Leave won & Trump is running the world.

It's not listening to experts that got us in this mess in the first place.

I'm not sure the rest of the world would agree that Trump is running the world Surfer

All the more reason not to leave the EU surfer.. I for one don’t wish us to be relying on Trump for anything.

And your response to the OP does not take into account Carney’s very good track record.

Or do you trust Rees Mog who has moved his company elsewhere due to the risks of a hard Brexit?

I don’t trust any politician and would rather listen to a man who actually knows what he’s talking about when it comes to finances.

Actually given what Rees Mogg has done its apparaent he also knows about finances..l.lbut he doesn’t want YOU to know about them. And you’ve fallen for it,

The Bank of England got us into this mess MyOtherProfile ? Care to explain how ?

Hah epic failure of reading MyOther apologies

Don't really know very much if you think Trump is running the world.
If you prefer to believe posh boys in bad suits, go ahead. Might as well doff your forelock.

If we listened to those with expertise a bit more we might not be in the whole Brexit mess. Sadly Jo Pulic thinks it knows better - whether that be about education, health, policing or politics.

All the ‘experts’ predicted remain would win, & that Trump would never get the top job.

Of for goodness sake Surfer. I'm
guessing this is an emotional response? I'm sure when calm you can tell the difference between:

1. Pollsters -who can only extrapolate voting trends based on what Jo Public tell them. And

1. Trade industry specialists with years of practical hands on experience in their chosen field.

Look at what the head of the Food and drink federation day, the haulage association, the CBI.

Trade industry specialists and economists did not get us into this mess.

It was the political experts with their own single issue obsessions, self interested skewed, blinkered, small minded, narrow politicians like Farage and Rees Mogg who got us where we are.

Why do people who disagree with you not know what they are talking about? Is there just a tiny chance that it is in JRM etc interest to talk down the views of the Bank of England and not in your interest? Just a tiny chance? Can't you see it?
Google Rees-Mogg's dad and disaster capitalism. He actually wrote a book about it.

We all know there will be disruption / difficulties for a few years, untangling ourselves from 45 years of complex red tape was never going to be easy, we don’t need Mark Carney to tell us that, I can tell you that!
But the UK hasn’t got a 15 year life span, it will be around for a bit longer than that.
So stop stressing & getting bogged down in short term difficulties.
Leaving the EU will have long term benefits for the UK.
That’s what I voted for.
Remainers can’t see further than next week, which is why leave voters are the wise ones, the ones with vision. The brave ones who are willing to go through difficulties for the greater good.
We’re the ones who make this country great.

@frumpety phew, i wondered what i had written then!

Leaving the EU will have long term benefits for the UK.
Care to list them? For those of us who won't by then be impoverished or dead from lack of meds?

This claim surfer that 'it will be rough for a few years, which we knew about when we voted leave' is gaining traction with some leave voters, but in my experience they will not be the ones who are losing their jobs, possibly their homes (as they cant pay mortgage/rent) and maybe their lives (can't get meds). It really sounds like you are willing to throw some UK citizens under a bus for some sunlit uplands we'll get the benefit from in 50 years time.

I don’t get into conversations with people who think leaving the EU will cause mass death & destruction.
I’m sorry.

Good you're sorry. There's a lot to be sorry for.

{Remainers can’t see further than next week,}
If that week, or perhaps two, you have no food or miss important medicines, you can be dead. Some risk being put in this situation for the promise of some things that can never happen.
The UK will never 'rule the world' again.
The line 'Britannia rules the waves' needs putting in the past tense or scrapping.

Oh FFS. "We're the ones that make this country great". And the other half of us don't?

More of the empty rhetoric and hubris that contributed to this mess.

Where are the tangible signs of greatness? Even the government now admit they do not see any such signs.

Where are the signs business is booming and our economy is going return to its fifth strongest position, or do you think 4th,3rd, 2nd or 1st ? Where are the signs?

Answer- there aren't any.

We don’t want to rule the world, we just want to rule ourselves.
Get it?

So stop stressing & getting bogged down in short term difficulties.

Those 'short term difficulties' include the loss of our JIT manufacturing industries, meaning about a million jobs going. The Pound crashing, interest rates going up. All of which will lead to a further increase in house repossessions and therefore homelessness, all to line the pockets of a tiny minority who are already wealthy.

Leaving the EU will have long term benefits for the UK.

Grease Smug has said that the UK probably won't recover for 50 years. My youngest will be in her mid 70s then, why should she and her peers have their futures stolen from them?

Doesn't sound like ruling ourselves will be much fun.

I just think once experts get into the doom and gloom worse scenarios people switch off and think yeah right, and the sky is falling in next week as well.
There are now experts saying the world is going to have a mass downward trend, so if you take this into account how much is due too this and how much Brexit?

We treat this as an educated guess rather than an actual prediction.