Discover and read the best of Twitter Threads about #brexflation
Most recents (1)
FEAR1/8
In this excellent #LSE article a last look at #Projectfear before #GE2019
No projections because we can now look backwards. Short summary 👇 credit to LSE.
1️⃣ You're individually £2868 worse off just due to the #Brexit created sterling crash X number of family members
In this excellent #LSE article a last look at #Projectfear before #GE2019
No projections because we can now look backwards. Short summary 👇 credit to LSE.
1️⃣ You're individually £2868 worse off just due to the #Brexit created sterling crash X number of family members
FEAR2/8
2️⃣ + £1700 per household worse from slow GDP growth, if you don't think you are it's because you're relatively affluent and haven't felt⏬
3️⃣ #Brexflation adds 2.9% to cost of total food and clothes, or £870 a year a household. Far more than any VAT changes could negate
2️⃣ + £1700 per household worse from slow GDP growth, if you don't think you are it's because you're relatively affluent and haven't felt⏬
3️⃣ #Brexflation adds 2.9% to cost of total food and clothes, or £870 a year a household. Far more than any VAT changes could negate
FEAR3/8
4️⃣ Brexiters told you a cheaper £ helps exports.
Not.
No one is really independent in an interconnected world, component import cost has wiped out any #Brexit export gain.
Children in the 1970s knew printing money wasn't a solution. Yet tories sold it to 42% of us again
4️⃣ Brexiters told you a cheaper £ helps exports.
Not.
No one is really independent in an interconnected world, component import cost has wiped out any #Brexit export gain.
Children in the 1970s knew printing money wasn't a solution. Yet tories sold it to 42% of us again
