Listening to the TV and Radio you would imagine that the Referendum has been a disaster for the UK. Why do many people think there has been an economic disaster when the opposite has happened?
The evidence is clear, since the referendum the UK is the fastest growing major economy in the EU and one of the fastest growing OECD economies:
(ONS Source, Trading Economics site).
All of the "experts", the Remain economists, predicted disaster for the UK economy due to "uncertainty". Notice the predictions were about "uncertainty" after the Referendum, not informing the EU with Article 50 or any other event.
The uncertainty was predicted to devastate the UK economy immediately after the Referendum, in 2016-17. In fact the IMF predicted good growth after any actual Brexit, from 2019 onwards. The Treasury, Price Waterhouse and other Remain models of the economy all concurred.
The pound has been falling since 2014:
The falls began well before the Referendum and are due to the appalling balance of payments between the UK and EU. The broadcast media have all maintained that the pound is falling due to the Referendum. It is utterly astonishing that the myth that the fall in the pound is due to the Leave vote and not the Balance of Payments has become so general. In fact the pound has been falling steadily for decades,:
(The pound had been anomalously high in 2005-2014 because of the flight of investment from the Eurozone into the UK). See The Imbalance of UK-EU Trade and its Consequences.
Now for the big question: why has the broadcast media been covering this huge success story as a disaster? Why have they simply assigned the fall in the pound to the Referendum when all their economics commentators know the pound has been in steep decline since 2014? Why have they suppressed any mention of the spectacular performance of the UK economy?
The English are being "stitched up" by the Establishment.
The predictions for disaster after the EU Referendum are all wrong as can be seen from the notes below.
New car registrations for September have risen:
Retail sales have risen and and showed no change as a result of the Referendum:
and have grown throughout 2016.
Hate crime figures have fallen back to pre-referendum levels after the flurry of extra reporting as the press publicised Hate Crime.
Indeed, the sudden spike in hate crime reports in July looks like media stooges deliberately reported 50 extra crimes to get a headline.
Real Pay is steady or rising:
Unemployment is low:
31/10/16
The evidence is clear, since the referendum the UK is the fastest growing major economy in the EU and one of the fastest growing OECD economies:
 |
| See for instance: Trading Economics site |
All of the "experts", the Remain economists, predicted disaster for the UK economy due to "uncertainty". Notice the predictions were about "uncertainty" after the Referendum, not informing the EU with Article 50 or any other event.
The uncertainty was predicted to devastate the UK economy immediately after the Referendum, in 2016-17. In fact the IMF predicted good growth after any actual Brexit, from 2019 onwards. The Treasury, Price Waterhouse and other Remain models of the economy all concurred.
The pound has been falling since 2014:
The falls began well before the Referendum and are due to the appalling balance of payments between the UK and EU. The broadcast media have all maintained that the pound is falling due to the Referendum. It is utterly astonishing that the myth that the fall in the pound is due to the Leave vote and not the Balance of Payments has become so general. In fact the pound has been falling steadily for decades,:
 |
| PPP = Purchase Power Parity |
Now for the big question: why has the broadcast media been covering this huge success story as a disaster? Why have they simply assigned the fall in the pound to the Referendum when all their economics commentators know the pound has been in steep decline since 2014? Why have they suppressed any mention of the spectacular performance of the UK economy?
The English are being "stitched up" by the Establishment.
The predictions for disaster after the EU Referendum are all wrong as can be seen from the notes below.
New car registrations for September have risen:
 |
| Society of Motor Manufacturers and Traders |
Retail sales have risen and and showed no change as a result of the Referendum:
Hate crime figures have fallen back to pre-referendum levels after the flurry of extra reporting as the press publicised Hate Crime.
Indeed, the sudden spike in hate crime reports in July looks like media stooges deliberately reported 50 extra crimes to get a headline.
Real Pay is steady or rising:
Unemployment is low:
31/10/16
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