Profile picture
, 3 tweets, 1 min read
My Authors
Read all threads
You can take the implication from this a prediction that the UK economy totally falls apart after full Brexit. Its possible, but muddling through with low growth remains the central forecast, and for many people that may not look too different to the post-2008 economy.
A wise thread of replies... the risk of dealing with the UK after Brexit goes up, and this is something I am already asked about.
Meanwhile reading Brexit supporters suggesting economic impacts overstated. Which doesn't tally with other conversations as to whether the UK car industry will survive.

No losses according to some, total economic destruction for others. Ideology trumps experts again...
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with David Henig

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @DavidHenigUK see all

Profile picture
David Henig
@DavidHenigUK
Globalisation is going to be blamed for the economic fallout from coronavirus because there's a prevailing narrative against global trade already but there's no economic system which isn't vulnerable to disease and panic buying.
I'd argue we are more secure against disease when we can trade, though there are clearly big economic issues being revealed at the moment including asset price inflation over recent years, and concentration of capital and production in some cases. ft.com/content/ef3539…
It is no bad thing though if national and global economic management is back on the agenda. As Brexit has already showed our systems are complex and too frequently poorly understood.
Read 3 tweets
Profile picture
David Henig
@DavidHenigUK
These can't both be correct. On the basis of those I've spoken with plus the evidence of Switzerland I think @StevePeers is correct.
Arguably the wider point being made is around whether the UK can cherry pick EU access. The EU has said we can't, but is in fact totally open to it in specific cases. The UK has said we won't and is equally open to it in different specific cases.
The joys of a trade negotiation in which neither side wants what they claim to want and both sides are being dishonest about it. An awful lot of potentially inaccurate statements about UK or EU red lines. Be wary.
Read 4 tweets
Profile picture
David Henig
@DavidHenigUK
At the risk of being unfair I'd suggest that 95% of those commenting on the UK government's decision to leave the EU Aviation Safety Agency (EASA) know little of global air safety.

If it helps that includes me. Hence, find experts. I gather its easier to blindly follow ideology.
My favourites are the "this was always going to happen" Brexiteers who on the basis of having read a website tell experts who have worked in a field for many years that what they want to achieve couldn't ever have happened.
And for the avoidance of doubt, no problem in questioning and challenging experts. Groupthink is always possible, and they may not be right. But criticising experts for groupthink when you're following your own ideological groupthink is pure and simple hypocrisy.
Read 4 tweets

Related threads

Profile picture
David Dayen
@ddayen
So I'm not sure I totally agree with @ewarren about the precarity of the economy. medium.com/@teamwarren/th…
I've been looking at leveraged loans for a long time. The sector just isn't as large as the mortgage market, and if anything will be an accelerant of a crisis happening somewhere else in the economy.
The manufacturing recession seems to me an extension of a trend. Good fodder against "I'm bringing back jobs" Trump, but not a sign of a broader economic shift necessarily
Read 5 tweets
Profile picture
Simon Brooke 🏴󠁧󠁢󠁳󠁣󠁴󠁿🇪🇺
@simon_brooke
Two things that I'm thinking about as very serious issues this weekend:

1. Do you remember how quickly the Soviet Bloc collapsed? We're all thinking about life post-#Brexit as sort of muddling through, business as usual, but I think that's unlikely. >>>
If there's no deal, if the borders clog up - both looking virtually certain just now - there will be a sudden, long lasting, critical shortage of fresh food. Britain isn't used to that. I believe there will be civil disorder. >>>
It means there will be less food in the shops. It means the prices will rise. It means the poor will go without. It means there will be hunger. It means that social inequity will become even more stark. >>>
Read 11 tweets
Profile picture
KidTempo #FBPE
@KidTempo
#Remain voted for:

A say in whether the EU enlarges or not.
A say in if the EU federalises or remains a union of independent states.
A say in if there is an EU army.
Being the financial capital through which the majority of € is traded while still keeping the £.

#BrexitReality
#EnlargedEurope

The UK has taken the lead in efforts for EU enlargement. It pushed for the inclusion of Eastern European states. It pushed for Turkey to get its shit together so that it could join (which it made very slow progress with, and has largely been undone by Erdogan)
After #Brexit, the UK will have no influence on EU enlargement. In fact, as setting the EU as a rival, every country that joins the EU will a) strengthen the EU, and b) unravels any trade deals that the UK will have made with that country, isolating it further.
Read 25 tweets
Profile picture
Lord Snoutintrough #FBPE
@Rowland72James
Having spent two years remoaning about #brexit I have now quit complaining as I now see there are tremendous opportunities from leaving the European Union which will be embraced globally thread
Patrick Minford of economists for #brexit has stated that #brexit will mean the virtual end of UK manufacturing therefore many European countries will enjoy a relocation windfall
The great repeal Bill allows ministers to make ammend and unmake law without parliamentary approval meaning a huge #brexitopportunity opportunity for corrupt ministers to apply market mechanisms to political decision making
Read 17 tweets
Profile picture
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

Trending hashtags

#Brexit #politicaldeclaration #Remainers #Remain #brexitopportunity #GDPR #Chequers #EU #brexit #Brexodus #Brexitcast #GetBrexitDone #indyref #Euro #Lexit #StopBrexit #IWantMyMoneyBack #Management #BrexitReality #G20 #NoDealBreixt #Parliament #EURO #Brussels #fisheries

Embed code for your website

×
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!