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Extreme Brexit could be worse than financial crisis for UK: BoE

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3 hours ago, Briggsy said:

It is interesting to note that the issue of a report by B of E on the results of stress tests on banks (good all round) was abruptly and inexplicably delayed yesterday.

 

Analysts suggest that the results were "too good" for government interests, in that it states British banks would have no problems dealing with a hard Brexit. They, the government, needed more doom to pressure lawmakers to support May's deal.

 

This is simply more evidence, that the Bank of England long since ceased to be independent and is in lockstep with government interests.

And that this is the BOE's WORSE CASE SCENARIO....

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1 hour ago, BritManToo said:

The EU doesn't make much, it just rebadges Chinese products.

Can't see any need to trade with the EU as China, India, Australia, NZ, America and S. Africa produce all.

It's actually cheaper to ship items from China to the UK than it is to ship items from Germany to the UK.

Give us an analysis to back that up or confess to talking nonsenses

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1 hour ago, BritManToo said:

The EU doesn't make much, it just rebadges Chinese products.

Can't see any need to trade with the EU as China, India, Australia, NZ, America and S. Africa produce all.

It's actually cheaper to ship items from China to the UK than it is to ship items from Germany to the UK.

Hogwash

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Its all just speculation ,nobody really has a clue what will happen ,if ,could ,maybe,on and on  and on .

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1 hour ago, simoh1490 said:

A less painful and more sensible future might involve feeding one's self into a meat grinder!

So I take it that you don't agree then simoh1490? Say why; if you could!

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