The Telegraph has an article (HERE) based on five graphs which "show" we have "escaped an economic apocalypse". This is two months after the vote and before we have even started the negotiation about what Brexit will actually mean. I don't know what the writer was expecting on June 24th - a full scale economic meltdown with David Cameron declaring a state of emergency?
If all the engines of a Boeing 747 suddenly fail, it doesn't immediately plummet earthwards. But if your fellow passenger tells you after a minute or two that all will be well, it doesn't mean he's right. Sooner or later you are going to hit the ground.
The same newspaper is joyfully reporting (HERE) the some economists are now forecasting a slight rosier outlook for 2016 and 2017 - but the increases are for 1.6% this year (up from 1.5%) and 0.7% next year (up from 0.5%). The Brexit boom!!
The same newspaper is joyfully reporting (HERE) the some economists are now forecasting a slight rosier outlook for 2016 and 2017 - but the increases are for 1.6% this year (up from 1.5%) and 0.7% next year (up from 0.5%). The Brexit boom!!
No comments:
Post a Comment