No Deal supporters? Can you see any downsides? If so, why are these outweighed by the upsides.

[bellinisurge]

Genuine question. I was prepared to accept WA but that was apparently not sufficient. So, why is No Deal better?

MeganBacon
The BofE inflation predictions need to be at least 2 sets of figures, because whatever happens whether the UK leaves with no deal, with a deal or revokes, NOTHING will stay the same. In fact Leavers voted for CHANGE so they will be very disappointed if nothing happens.
It was Remainers who wanted nothing to happen, but we who voted for nothing to happen have had our situations eroded simply be the pratting about of the UK government.

why not write to mr Carney and tell him he’s “deluded” Because I don't think he is deluded, I think you are.

Isn't Mark Carney a nominee for a job at the IMF or somewhere? He is leaving his current job soon anyway.

It would be nice if Jas could find a reliable source before calling the Bank of England’s projections “idiotic thinking”

Megan i said your thinking was idiotic, not Carneys, who is well aware of the risks of no-deal.
If you read the report.... it states that their prediction is based on a smooth transition in the UK/EU trading relationship, also looks at the range of possibilities for inflation, which they see rising up to 5%, conversely, falling to neg inflation too!
But the report is primarily based on that little changes in the Global economy..... unknowns such as no-deal brexit, war with Iran, major trade wars and Trump winning another 4 years are not compatible with the BoE predictions.

I am not against brexit as much as perhaps some are BUT i believe that it is a 10 to 15 yr project and that leaving at a time of global turmoil is a huge error.

But I only quoted the Bank of England thinking, and some factual history, I have not expressed any opinions other than that so de facto you did call his thinking idiotic. Same comment to the other poster who said it was deluded. I am happy to consider any evidence from other equally reputable experts. I agree with you it will take a long time to reshape the economy successfully and the transition will probably be painful and possibly not worth the trouble. But that ship has sailed, it’s highly likely to happen in October.

No Megan i clearly stated that to believe the UK is immune from economic disaster is "Idiotic thinking" which appeared to be your position ie We are not Venezuela.

The UK was doing quite well in the 50s and 60s, the OPEC oil crisis of the 70s altered all that didn't it?

Carney is not so complacent and neither are many other economic experts.

I also happen to believe that the UK will not leave in October, what is happening now is electioneering .... there is still hope the UK will indeed stay in the EU, the survival of both parties depends on it.

Any forecast will be conditioned on assumptions and predictions about future events hence the wide range of outcomes and the sheer unreliability of the process. Nowhere though has anyone produced a forecast that says we could have double digit, or catastrophic to use your word, inflation as far as I know (happy to be corrected).

I wouldn't necessarily say that the UK was doing quite well in the 1960s - we were already getting known as the sick man of Europe, but the oil crisis came along and made things worse.

One of the treasury reports has a loss of around 9%. That is bad in itself but it will also depend strongly on other factors such as a possibility of rioting/looting if supermarkets fail to get food supplies on time. It doesn't take long for panic and disorder to wreck any mice plans the treasury might come up with.
Problems with customs, meaning trucks arrive late, possible protests or strikes from a multitude of groups. Unions pressing for pay rises for 'overworked' employees because usual schedules have been trashed. Although it is in a sense scaremongering, experience shows that it takes very little unrest for the effects to snowball.
If you can have a fracas in a build a bear shop, the possibilities are endless.

You have only to look at how three day's worth of snow causes the country to grind to a halt. Imagine what two weeks worth of No Deal Brexit will do? The Remainers will be cheesed off, because they didn't vote for it, and the Leavers will be the same but because the Remainers didn't serve up the solutions.

Boris Johson and Rees-Mogg will be OK though.

Same comment to the other poster who said it was deluded
You seem to have completely missed the point.

To MeganBacon

Maybe you should change your username to Meghan Markle? Seem to be achieving similar popularity.

Yes I could have missed the point. You seem to be saying that I said not being Venezuela is enough to save us from catastrophe? Obviously true, my comment was tongue in cheek, and obviously so because not even a moron would think that.

IT’s not a popularity contest Empire! If I can provide facts and challenge the echo chamber, I’m happy.

Most people and countries can manage quite dramatic incidents, say a big rail crash or even more, but Brexit is not going to be like that at all unless it either revokes or signs the WA for a transition period as there are just so many, often small things that will go either wrong or late.
This, on top of one half of the population being angry with the other half, for varying reasons, will make it a lot worse. At least in a 'usual' disaster the damage is concentrated in one area and although may be severe it is not the whole country at the same time.

my comment was tongue in cheek, and obviously so because not even a moron would think that.
Obviously? I'm not the only one who didn't read it that way. You know you can just politely rephrase ambiguous statements. You do seem to be having some communication problems on this thread.

So that is what you thought? Wow.

Any upsides to No Deal that outweigh the downsides @MeganBacon ?

None that outweigh the downsides, no. Particularly in the short term.

megan it’s hardly surprising people don’t know how to take you on these threads.

You’re the only Remainer I’ve ever come across that pretty much supports every Leave soundbite and you make weird comments like only having 95p in the pound will not affect people. And your attempts to justify that comment then makes things even more confusing.

I appreciate you are probably trying to play devils advocate but you make very little sense most of the time.

None that outweigh the downsides, no. Particularly in the short term

What happens in the long term it not much help if you don’t make it through the short term.

Bear, sorry if I haven’t been able to bring you with me on 95p discussion but think we can accept there is no point labouring it any more. My problem with this board is that some remainers talk about how leavers reject fact and are thick, but the truth is that remainers also reject fact if it doesn’t fit with their own dogma as I think I have demonstrated and this is damaging to the remain cause. So it is reasonable to challenge both sides. I do not want to offend and try to be professional, and always steer clear of issues I know nothing about such as the gfa. I think you’l find I have never supported a ‘soundbite’.

Megan, doubtless in a close working relationship with the EU following brexit, the losses will be manageable, after all, you don't miss what you have never had... apparently!!!

But a no deal, combined with a global turn down or recession may well be disastrous for the UK.
We do not need double digit inflation, 5 to 8% and the associated loss in earnings would lead to many people falling into poverty.
Inflation also tends to lead to interest rate rises, esp so if we need to stop the £ falling much further.

Aside, i took your Venezuela comment to be perfectly serious, it wasn't posted with any emogi etc.

@MeganBacon , I don't recall anyone on this thread saying Leave voters are thick. I will say repeatedly that No Dealers are either duped (borderline stoopid) or self serving (which is code for manipulative) and that is an entirely different thing. There is a difference between a person who voted Leave and a person who lobbies for no Deal.
No Dealers on here have tried to suggest that they are the same as all Leave voters and therefore criticism of the intellectual capacity or motives of a no Dealer is the same as criticism of a Leave voter. IT ISN'T.
In fact attempts to conflate the two are a typical No Dealer attempt to make themselves mainstream. They are not. They are extremists or people who are being duped by extremists.

{doubtless in a close working relationship with the EU following brexit, the losses will be manageable, after all, you don't miss what you have never had}
That would be a Norway/Canada/Timbuktoo sort of 'deal' which some will scream isn't 'Brexity' enough.
Finding a 'middle way' between about 50% who didn't want to leave, then a range of leavers from 'mild' to total headbangers is going to be a very tough call.
I have a feeling that although many moderate leavers will be quietly relieved if the UK were to remain it is the vocal fucknuts that will stir up trouble. Trouble is that the fucknuts are holding the reins at the moment and there is no equally strong or stronger opposition (remain camp).