Post-Brexit Thread

[papa smurf]

Originally Posted by Damien

So later than the Brexiters wanted but earlier than his full term.

i would have sacked him for trying to rig the referendum .

[denphone]

Originally Posted by papa smurf

i would have sacked him for trying to rig the referendum .

He never tried to rig the referendum at all as he quite clearly explained as is his job the economic problems that would come with Brexit and unless you have your biased rose tinted glasses on which you usually do even Brexiteer's admit that the road ahead is going to be pretty rocky unless you think otherwise.

---------- Post added at 19:24 ---------- Previous post was at 19:22 ----------

Originally Posted by Mr K

Matter of opinion Den. He was right to warn of the disaster Brexit is going to be, but he's been constantly wrong on forecasting when interest rate rises will happen.

As we know economic forecasts are pretty hard to get right as there can be a awful lot of different variables to deal with Mr K.

---------- Post added at 19:29 ---------- Previous post was at 19:24 ----------

Originally Posted by papa smurf

can you please explain in detail what exactly he is doing and what the reasoning behind it is ?

He is doing a unbiased and decent job unlike your ad nauseum habit of reading papers that are so biased and only give one side of the story as its pretty important to get both sides of the argument IMO.

[Anypermitedroute]

Originally Posted by papa smurf

i would have sacked him for trying to rig the referendum .

I would have give him a pay rise for him steering us through a self created situation

[papa smurf]

Originally Posted by Anypermitedroute

I would have give him a pay rise for him steering us through a self created situation

no government needs a back seat driver .

---------- Post added at 20:02 ---------- Previous post was at 20:01 ----------

Originally Posted by denphone

He never tried to rig the referendum at all as he quite clearly explained as is his job the economic problems that would come with Brexit and unless you have your biased rose tinted glasses on which you usually do even Brexiteer's admit that the road ahead is going to be pretty rocky unless you think otherwise.

---------- Post added at 19:24 ---------- Previous post was at 19:22 ----------



As we know economic forecasts are pretty hard to get right as there can be a awful lot of different variables to deal with Mr K.

---------- Post added at 19:29 ---------- Previous post was at 19:24 ----------



He is doing a unbiased and decent job unlike your ad nauseum habit of reading papers that are so biased and only give one side of the story as its pretty important to get both sides of the argument IMO.

so no idea then

[1andrew1]

Originally Posted by papa smurf

no government needs a back seat driver :

Cometh the hour, cometh the man. When everyone else was sleeping, only two people seemed to be doing anything on Brexit morn. Nigel Farage was in evidence and Mark Carney was busy doing his job providing reassurance to the markets. His reward has been to be attacked by Brexiters but he correctly has identified that the campaign against him damages the UK's interests and reduces confidence in a weakened economy. The weakness of the Pound reflects this.
I think he should be supported and not sniped at. In supporting him, we will be supporting the UK economy and hopefully the Pound can start to climb back up from its current 31-year low.
But I admit that every time I hear Theresa May saying he has her full confidence, he sounds like a football manager who's about to be sacked.
For the sake of the UK, I hope he stays.

[Edited at 21:17 - correction from Mike to Mark, credit to eagle-eyed papa smurf]

[papa smurf]

Originally Posted by 1andrew1

Cometh the hour, cometh the man. When everyone else was sleeping, only two people seemed to be doing anything on Brexit morn. Nigel Farage was in evidence and Mike Carney was busy doing his job providing reassurance to the markets. His reward has been to be attacked by Brexiters but he correctly has identified that the campaign against him damages the UK's interests and reduces confidence in a weakened economy. The weakness of the Pound reflects this.
I think he should be supported and not sniped at. In supporting him, we will be supporting the UK economy and hopefully the Pound can start to climb back up from its current 31-year low.
But I admit that every time I hear Theresa May saying he has her full confidence, he sounds like a football manager who's about to be sacked.
For the sake of the UK, I hope he stays.

its commendable that you support mike Carney but who the heck is he ???

[Anypermitedroute]

Originally Posted by papa smurf

no government needs a back seat driver

The people need a government that was leading and no one was doing that

And the government need experts who actually know what they are talking about rather than sabre rattling rhetoric

Considering he is from Ye old British empire you would of thought brexiteers would approve

[1andrew1]

Originally Posted by papa smurf

its commendable that you support mike Carney but who the heck is he ???

Woops - Mark Carney but my points stand - he filled an enormous vacuum and stood up to defend the British economy whilst others slept or drafted their resignation speeches.

[1andrew1]

EU countries enticing companies to relocate from the UK

Japanese companies in UK 'already receiving offers from EU'
"Japanese companies based in Britain have already started to receive offers from other European countries and could postpone investment decisions if the government fails to negotiate a close economic relationship with the EU.
That was the stark warning of Haruki Hayashi, president of the Japanese chambers of commerce in Britain and the European CEO of Mitsubishi [makers of Princes canned fish, Branston baked beans and Batchelor's soup] who said businesses needed more than “general reassurances” if his country’s investment presence in Britain was to be maintained."
https://www.theguardian.com/politics...ness-secretary

France 'to appoint Brexit team to lure British banks away from UK after EU withdrawal'
"France will set up a special task force of corporate leaders and politicians aimed at luring businesses and talents from London as the UK prepares to leave the EU.
The news comes after Paris’ financial district has unveiled an advertising campaign aimed to underscore the attractiveness of the French capital for business in the wake of the Leave vote with the slogan: “Tired of the fog? Try the frogs. Choose Paris La Defense”.
http://www.independent.co.uk/news/bu...-a7388881.html

Honestly some brexiters make me embarassed to have voted leave as they are turning on anyone and everyone that isn't screaming support 24\7, mark carney has done a good job since taking over and I'm sure he's more then earning his salary right now helping steer the UK. Just because someone isn't constantly stating support doesn't make them any less competent or valuable and for that small group of rabid brexiters remember the tale of boris fervent supporter and campaigner for brexit during the campaign and completely selfish using the country for his own ends at the end of it. Not all that is brexit is necessarily good and there is benefit in some people not getting dragged into it.

[papa smurf]

Originally Posted by 1andrew1

Woops - Mark Carney but my points stand - he filled an enormous vacuum and stood up to defend the British economy whilst others slept or drafted their resignation speeches.

i thought he was part of project fear and spent most of his time telling the world how the UK would go down the toilet if we voted to leave the EU, seems to me he did his best to destabilise the economy while he was hanging onto Osborn's shirt tail ,and now after a sharp u turn he wants to guide us to prosperity .

To be fair a lot of the criticism comes from Micheal Gove whose never met an expert who knows more about their domain than he does.

[spanna]

Originally Posted by denphone

As we know economic forecasts are pretty hard to get right as there can be a awful lot of different variables to deal with Mr K.[COLOR="Silver"]

Which is why forecasting a figure for 2030 was always so dishonest

I liked this article this morning: https://www.ft.com/content/5dc6fd46-...e-abe238dee8e2

When Eurosceptics accuse Mr Carney of dabbling in politics, they have a point: he did the immediate work of national stabilisation that politicians are meant to have the gumption to do themselves. His reward is public criticism from the likes of Daniel Hannan and Michael Gove, romantic Tories who might lack the governor’s technical grounding in economics but always stand ready to calm the markets with a tendentious line of verse or half-understood quote from the blurb to The Road to Serfdom.

We don't want purely technocratic governments but the likes of Gove and Hannan take the view that all technical or expert interventions are undemocratic intrusions upon their right to make everything a philosophical debate. It doesn't matter if it's a Bank of England Governor commenting on fiscal policy or major scientific bodies advising on global warming, their position as elected politicians doesn't just give them the authority to decide how to act on technical advice but to determine what that technical advice should be. Dougless Carswell recently joined the ranks of the revolt against the technocratic elite by insisting the Sun and not the the Moon causes tides. It didn't matter than the person he was arguing with was the head of Scientific research at Sussex or that it is the moon which causes tides. He believes the Sun causes them and he isn't going to let some jumped up scientist tell him otherwise.

[papa smurf]

Originally Posted by Damien

I liked this article this morning: https://www.ft.com/content/5dc6fd46-...e-abe238dee8e2



We don't want purely technocratic governments but the likes of Gove and Hannan take the view that all technical or expert interventions are undemocratic intrusions upon their right to make everything a philosophical debate. It doesn't matter if it's a Bank of England Governor commenting on fiscal policy or major scientific bodies advising on global warming, their position as elected politicians doesn't just give them the authority to decide how to act on technical advice but to determine what that technical advice should be. Dougless Carswell recently joined the ranks of the revolt against the technocratic elite by insisting the Sun and not the the Moon causes tides. It didn't matter than the person he was arguing with was the head of Scientific research at Sussex or that it is the moon which causes tides. He believes the Sun causes them and he isn't going to let some jumped up scientist tell him otherwise.

well what you don't know is where the sun goes at night it actually drops down into the ocean and just like when a fat bloke gets in the bath the water rises- in the day time the sun rises and the moon drops into the ocean and because it has a lower mass[ the science bit] the tide goes down .