Wednesday 28 November 2018

PROJECT FEAR REARS ITS UGLY HEAD AGAIN.

And here we go again !

Today, both the UK Treasury and Bank of England have produced some new figures and predictions about the potential effects of Brexit. SURPRISE, SURPRISE ! Both august bodies have said that the UK will suffer potentially severe economic consequences from Brexit OVER THE NEXT 15 YEARS !

When, if ever, has either the Treasury or Bank of England got forecasts for the next couple of years right, let alone over a period of 15 years. Before the referendum of 2016 both organisations made dire predictions should the population be stupid enough to vote to leave the European Union - the pound would collapse, the stock market would tumble, house prices would crash, inflation and interest rates would soar, etc. etc. Which of these was proved right ? NONE !

Now, the Bank is repeating its warnings of 2 years ago - why should they be any more right today than they were in 2016 ? In arriving at their predictions, both the Bank and the Treasury have made various assumptions but how can they possibly make any valid assumptions about the world 15 years from now ? How, indeed, can they make any valid assumptions about the world 3 or 4 years from now ?

With political uncertainty rife across Europe and in the US, with China increasingly challenging the economic domination of the West and Russia ploughing its own furrow of militaristic posturing, we cannot, with any certainty, even know what the world will be like in 2019, let alone in 2034. The one thing that is very clear is that 'Project Fear' remains in full swing and that the people of the UK are being readied for either another referendum or a general election, which those of the liberal elite who run things expect to result in a reversal of the decision taken in 2016. 

Don't let the men, and women, in grey suits who appear to be so knowledgeable and certain, fool you. They have one aim in mind and they will do and say anything to achieve it. They want the UK to be a good little servile nation, do as it's told and decide to stay in the EU. 

Don't let it happen.

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