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No-deal Brexit would trigger UK recession next year: KPMG
Xinhua ^ | 9 Sep 2019 | Yan

Posted on 09/09/2019 12:39:16 PM PDT by Cronos

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Go for no deal, Boris! No deal, no deal, no deal
1 posted on 09/09/2019 12:39:16 PM PDT by Cronos
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To: Cronos

But its much more likely to create a boom in trade with the United States.

And this forum is full of people who are not sitting on the sidelines but who intend to make that happen.


2 posted on 09/09/2019 12:42:32 PM PDT by MrEdd (Caveat Emptor)
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To: Cronos

No-deal would also whack the economies of NW Europe ... it’s in the EU’s interest too to make a deal

(despite propaganda like this)


3 posted on 09/09/2019 12:43:19 PM PDT by canuck_conservative
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To: Cronos

Yeah. And Trump getting elected will cause the stock market to crash, a global recession, fire and brimstone to fall from the sky, a plague of locusts and cats and dogs to start living together.


4 posted on 09/09/2019 12:44:01 PM PDT by FLT-bird
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To: Cronos

More scare tactics by the remainers


5 posted on 09/09/2019 12:46:29 PM PDT by kabar
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To: Cronos

Was listening to Parliament fussing and fidgeting about being pro-rogated, and one MP was predicting starving children, diabetics dying while waiting for their insulin, and maybe cannibalism (just made that up, but the Swedish do want a “modest proposal” in lieu of their meatballs)and pet eating.

So, I pondered for about five seconds, and concluded this is what leftards do and what they say when they’re losing. Screw ‘em. No-deal Brexit HO!


6 posted on 09/09/2019 12:57:04 PM PDT by Eleutheria5 (If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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To: Cronos

A John Kerry company
Kerry's
Propaganda
Machine
Globalists

7 posted on 09/09/2019 12:58:23 PM PDT by conservative98
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To: All

Sure there will be some pain, but doing what must be done upon finding oneself in a horrible existing condition, it must be done.

Have some courage Queen. Have some courage Parliament. The British gov. used to have courage. Now they hide in the lies of globalists.


8 posted on 09/09/2019 12:58:55 PM PDT by veracious (UN=OIC=Islam; USgov may be radically changed, just amend USConstitution)
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To: Cronos

Let’s be frank: the only Brexit they are gonna get from Brussels is a “no deal” brexit. Let us quit lying to ourselves.


9 posted on 09/09/2019 12:59:14 PM PDT by cuban leaf (We're living in Dr. Zhivago but without the love triangle)
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To: Cronos

I love how the Globalists keep trying to threaten and scare everyone.


10 posted on 09/09/2019 12:59:30 PM PDT by Enlightened1
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To: Cronos

Sure there will be a recession, sure, because the UK won’t be able to deal with the EU who think they are the be all, end all of the entire World. UK will trade with so many established trading partners the only things they might short on wouldn’t really matter that much.

This is BS.


11 posted on 09/09/2019 12:59:30 PM PDT by rockinqsranch ("Democratic" party sold out to the ICP. It is now the Communist Party USA.)
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To: cuban leaf

The globalists have just prevailed in Parliament. They want no Brexit without a deal, so they’re going to keep “negotiating” with Brussels, which now has no incentive to actually conclude a deal.


12 posted on 09/09/2019 1:02:06 PM PDT by Eleutheria5 (If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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To: Cronos
KPMG economists

Like these guys aren't deep state globalists...

13 posted on 09/09/2019 1:03:17 PM PDT by AndyJackson
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To: Eleutheria5

To give some perspective on the concept of requiring a deal:

A friend in Seattle bought a house just before the crash in 2008. She made two payments. Unfortunately for the bank, the mortgage got messed up in all that subprime bundling (promissory note separated from the deed, or something like that) and she and they started negotiating regarding he continuing payments.

They are still negotiating. She still lives in the house. She has yet to make another payment. This could be indefinite. She has zero incentive to agree to a deal.

And Brussels has no incentive to come to any kind of deal. They can simply drag this on for decades.


14 posted on 09/09/2019 1:06:13 PM PDT by cuban leaf (We're living in Dr. Zhivago but without the love triangle)
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To: Cronos

I read that there’d been a lot of investment in the UK and that they were actually expected to increase hiring and even contracting with foreign companies as a result. So I guess it all depends on your ideological frame of reference.


15 posted on 09/09/2019 1:09:45 PM PDT by livius
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To: Cronos
If they had gone through with the Brexit right away 3 years ago, they would have recovered by now.
It's like postponing a dentist visit when you know that tooth will have to be extracted sooner or later.

16 posted on 09/09/2019 1:10:12 PM PDT by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: BitWielder1
It's like postponing a dentist visit when you know that tooth will have to be extracted sooner or later.

Like the old "Fram Oil" commercial, "You can pay me now, or pay me later."

17 posted on 09/09/2019 1:12:23 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Cronos

Yeah right. BOO! Trying to fake scare before Halloween. Gimme break.


18 posted on 09/09/2019 1:14:46 PM PDT by max americana (Fired ONE libtard at work at every election since 2008 because I enjoy it. I hope every lib die.)
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To: Cronos

Consider the source. This is laughable.


19 posted on 09/09/2019 1:22:39 PM PDT by Steamburg (Other people's money is the only language a politician respects; starve the bastards)
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To: BitWielder1

3 years ago they had the advisory referendum in June. Then later that year parliament voted and approved invoking article 50.
Article 50 gave up to two years to negotiate a deal and leave.
The eu consulted the other 27 parliaments and got agreements on the negotiating parameters.
The UK negotiating team ,led by leading leaver David Davis, didn’t consult parliament.

When the two sides reached a deal, the agreement passed 27 past but was rejected by one.


20 posted on 09/09/2019 1:22:39 PM PDT by Cronos (Re-elect President Trump 2020!)
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