Another of the world's 'economics experts' has had a go at talking down the UK's prospects following the decision to leave the European Union.
This one Christine Lagarde of the International Monetary Fund, has at least a couple of reasons for adopting this posture. Firstly, she used to be the French Finance Minister and is a committed Europhile; secondly, wearing her hat as 'head of the IMF', she was one of those 'experts' who predicted instant catastrophe for the UK if it dared to vote to leave the EU.
Now, having seen her predictions washed down the plughole, she's still at it. There is "still likely to be pain ahead"; the Brexit process "would be complicated"; uncertainty over the terms of the deal "is always a risk". It is noticeable that Lagarde's latest reading of the tea leaves is rather less specific than her predictions of 7 or 8 months ago, though she's still pretty negative.
Why is it that people like her refuse to see anything positive in the situation ? Whatever happens, they seem to be interested only in looking for the downside, much as the anti-Trump faction is currently doing. The more I see this, the more I want to rub their noses in it. Their cosy little world, in which they're the 'top dogs' and enjoy vast power, wealth and celebrity, is under threat from the rest of us who've had enough of being patronised and ignored.
Instead of being negative, these people should be looking for the opportunities that might flow both from Brexit and a Trump Presidency. One phrase has it 'There are no problems, only opportunities'; someone should tell Lagarde, Carney and the rest of the self-serving doom-mongers.
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