CARNEY SPREADS MORE ALARMIST TRIPE.

My God !

Operation Fear really is back in full swing with the Governor of the Bank of England, who's contract has just been extended, doing his best to prop up the anti-Brexit lobby. Mark Carney, who's been predicting economic catastrophe since before the 2016 referendum, is now reported to have repeated his dire predictions, but instead of linking them to any Brexit, he's now claiming that a 'No Deal' Brexit will have the same consequences. Carney has apparently told government ministers that 'No Deal' could result in house prices falling by a third, the value of the pound collapse and Britain go into a recession.

If this isn't simply more alarmist codswallop, I don't know what is.

Back in 2016, Carney told us that a vote to leave the European Union would instantly lead to a collapse in the pound, huge inflation, a collapse in house prices, massive rise in unemployment etc., etc. None of it has come to pass. Now he's repeating the same old dire warnings, presumably because he believes in the old adage "if at first you don't succeed, try, try, again". He must also be spurred on by his own pro-European sympathies and natural inclination to be in control and prevent the hoi polloi from ever having their way, which he no doubt sees as being part of his duty to ensure that we all travel down the path of his view of economic righteousness.

Where Carney may find himself particularly exposed on this occasion is that lower house prices may well be highly attractive to many, while being of little consequence to many more. Yes, those with large mortgages could find themselves in difficulty but that would not be anything to do with Brexit, it would be the fault of themselves and those who extended excessive loans. A lower value for the pound would boost exports and where the idea of a recession comes from is anyone's guess; presumably one of the much vaunted models so prized by the economic elite, and which have failed so miserably in recent years, is to blame.

Carney has one item on his agenda, that is, to thwart Brexit. That he's still being allowed to spread his economic bullshit is a measure of the government's determination to thwart it as well.