BREXIT

[fazersharp]

[quote author=mtread link=topic=24678.msg288136#msg288136 date=1543586092]
He's got a doctorate in Economics for christsake. They don't dish those out for nothing.


There are no Leave forecasts because they know the results are very bad. Either that or they have trouble with 2+2. So they just criticise to deflect the truth.


Here's part of Carney's entry from Wikipedia. I suppose that's all lies too?  :b



''The epoch-making feature of his tenure as Governor of the Bank of Canada remains the decision to cut the overnight rate by 50 basis points in March 2008, only one month after his appointment. While the European Central Bank delivered a rate increase in July 2008, Carney anticipated the leveraged-loan crisis would trigger global contagion. When policy rates in Canada hit the effective lower-bound, the central bank combatted the crisis with the non-standard monetary tool: "conditional commitment" in April 2009 to hold the policy rate for at least one year, in a boost to domestic credit conditions and market confidence. Output and employment began to recover from mid-2009, in part thanks to monetary stimulus. The Canadian economy outperformed those of its G7 peers during the crisis, and Canada was the first G7 nation to have both its GDP and employment recover to pre-crisis level''

Even a broken clock is right twice a day 


His average however isn't very good. Not least his forecast of instant disaster immediately following the referendum.
[/quote]
He said what he was told to just like Obama who gave the game away by saying "the UK would be back of the queue" - when an American would not say queue - they would of said "line". Scripted and written for him and not off the cuff.