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Brexitshambles
@brexit_sham
, 5 tweets, 2 min read Read on Twitter
With the UK economy set for zero growth, S&P Global Ratings reveal Brexit has cost the UK £66 billion so far, triggered a decline of the pound, weakened exports, increased inflation, eroded household spending power and brought a decline in house prices.
businessinsider.com/price-of-brexi…
With the benefit of hindsight, was that infamous government leaflet, which so upset the Leave campaigns, closer to project fact than project fear?
brexitshambles.com/any-criticism-…
Fool me once...
And let's not forget, in August 2016, the BoE cut interest rates and pumped £70bn into the economy to avert a 'post Brexit vote' disaster, but still forecast lower growth and 250,000 job losses, remarkably accurate when examined today.
theguardian.com/business/2016/…
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More from @brexit_sham see all

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Brexitshambles
@brexit_sham
Given the obvious shambles left in both the education department and the country following Vote Leave's procured victory in 2016, how ominous is it that abject political failure Carswell admires the dubious abilities of the man he describes as the country's CEO, Dominic Cummings?
Carswell claims Cummings is effective because "he doesn't accept at face value the things people tell him" - No, he doesn't accept what people tell him because he has some extremely serious issues and should not be anywhere near government, as demonstrated here by Andrew Tyrie...
news-sky-com.cdn.ampproject.org/c/s/news.sky.c…
Read 3 tweets
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Brexitshambles
@brexit_sham
As we said the other day, there's nothing wrong with the technology, the problem is how it's used to deliver lies and misinformation, and how easy it is for dark money from overseas actors, acting overseas to boost a campaign to influence voter intention.
thetimes.co.uk/article/your-p…
Read 3 tweets
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Brexitshambles
@brexit_sham
Here's why it's a waste of time engaging, debating or reacting to Pavlovian Brexiters; it's a cult whose members are indoctrinated into believing senseless populist ideology over logic, truth and fact. 1/2
How Maastricht Changed Europe...an organisation that received the Nobel Peace Prize because of its actions to promote and protect democracy in a number of member states... it's all about better serving and protecting the citizens of the EU. 2/2
bit.ly/2PpRLA0
And here's why those who have misled the campaign for Brexit desperately want it delivered...a disbelieving @lionelbarber gets to what's really motivating Farage's obsession with leaving the EU at any cost to our country and our economy. SPOILER - It's not sovereignty or freedom!
Read 3 tweets

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Christophe Barraud🛢
@C_Barraud
🇨🇦 🇺🇸 🇨🇳 🇮🇷 #Canada arrests #Huawei’s global chief financial officer in Vancouver – The Globe and Mail
theglobeandmail.com/canada/article…
A gauge of #technology shares on the MSCI #Asia Pacific Index slid as much as 3 percent before paring some losses - Bloomberg
🇺🇸 #SPX ⬇ as much as 1.9% from Tuesday’s close, before paring some losses. Selling pressure early in the session was so intense that it forced CME Group to intermittently pause trading, according to a spokesperson for the exchange - Bloomberg
*Link: bloom.bg/2BTw5DN
Read 736 tweets
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wiiw
@wiiw_news
Today we release our annual @wiiw_news Autumn #Forecast Report, with macroeconomic projections for #CESEE out to 2020. Below, a thread on the highlights 1/13
#Growth still looks quite good for most, notable upgrades this time for #Poland, #Serbia, #Hungary. But downgrades for several #EU members, plus #Turkey, #Macedonia and #Belarus. 2/13
Over the #forecast period we expect best growth performance in #EUCEE and #WesternBalkans, although both will slow by 2020. Outlook for #CIS & #Ukraine weaker. 3/13
Read 14 tweets
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tony nog #FBPE
@tony_nog
1) Great article on why #Brexit is insoluble
We can rail about respecting the vote, the EU being stubborn,May being incompetent etc all day long. The fact is it cannot be negotiated successfully, and anyone who believes otherwise is mistaken
#Lab18

blogs.lse.ac.uk/brexit/2018/09…
2) reasons are very simple, and always have been. The deal that was promised & any feasible deal are so far apart as to be unrecognisable

Either Brexit will be so painful that it will destroy the party who implements or so meaningless that it would be embarrassing to implement
3) half the country do not want Brexit, the other half (apart from the hardcore) voted for the pain free, cake & eat it easy brexit that was promised.

There is *no* feasible Brexit that would gain a majority in the UK & non possible within the EU & UKs red lines
Read 4 tweets
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Millennial Macro
@MillennialMacro
#demographics #militaries #economies #currencies
#USA
- Best demographics
- Largest military
- Largest economy
- Most used currency
- Liquid financial markets
- Open capital account
- Rule of law
- Best geography
- Can be self sufficient if required
- Not trade dependent
#USA
Top trade partners as of 30 June 2018:
- China: 15.2% (strategic competitor)
- Canada: 15.1%
- Mexico: 14.6%
- Japan: 5.1%
- Germany: 4.4%

The next 10 years could result in the below:
- Mexico (25%)
- Canada (20%
- Japan (7%)
- South Korea (5%)
- Great Britain (4%)
#USA
Bring the manufacturing (jobs) home while negatively impacting China's economy.
forbes.com/sites/kenrapoz…
cebglobal.com/talentdaily/au…
irishtimes.com/business/econo…
Read 338 tweets
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Lesley Miller
@LesleyMillercyp
#Brexit 1
Cadbury moved factory 2 Poland 2011 with EU grant.
Ford Transit moved 2Turkey 2013 with EU grant.
Jaguar Land Rover recently agreed 2 build a new plant in Slovakia with EU grant, owned by Tata, same company who trashed our steel industry & emptied workers pension funds.
#Brexit 2
Peugeot closed its Ryton (was Rootes Group) plant and moved production to Slovakia with EU grant.
British Army's new Ajax fighting vehicles to be built in SPAIN using SWEDISH steel at the request of the EU to support jobs in Spain with EU grant, rather than Wales.
#Brexit 3
Dyson gone 2 Malaysia, with EU loan. Crown Closures, Bournemouth (Was METAL BOX), gone 2Poland with EU grant,employed 1,200.
M&S manufacturing gone 2far east with EU loan.
Hornby models gone. In fact all toys & models gone from UK along with patents all with EU grants
Read 28 tweets
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tony nog #FBPE
@tony_nog
#Brexit
1) Thread - All Brexits are bad and what we voted for
It's often said by brexiters that "it's not all about economics"
However, the *actual* Leave campaign was almost wholly about economic arguments

With the leak of this 2-8% report those arguments are now trashed
2) We seem to have forgotten this however economics played a huge part in the Vote Leave campaign, making up over 2/3rds of the primary arguements. The clear message was we would at the least be no worse off and at best much better off. 4 of the 6 below state this clearly
3) & the fact is voters believed we would be no worse off. People prioritized immigration certainly, but against a backdrop of there being no consequences from Brexit - few are prepared to actually pay for ending FoM
Read 36 tweets

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