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What RaboResearch has done is looked at the ultimate hardest of hard Brexits. And yes it is grim. There are of course worse fates that could befall the UK: if we elect Corbyn and assume that the UK's economy goes like that of Venezuela (which has applied Corbynist policies) then the fate of the UK economy will be at least twice as bad as RaboResearch predict from Brexit. I make the point that predictions (once anyone starts looking at extreme outcomes) they can be shockingly bad, as bad as you want the research to show them to be.
Brexit will not take place in a vacuum. It certainly won't be the case that nothing else will change. As such the effects cannot be set out in the simplistic way RaboResearch suggest.
RaboResearch will get their headline, and presumably it is the press story that they want. It's a form of marketing. They don't seem to have much real research behind the headline. Bluntly it is rubbish research.
Brexit will not take place in a vacuum. It certainly won't be the case that nothing else will change. As such the effects cannot be set out in the simplistic way RaboResearch suggest.
RaboResearch will get their headline, and presumably it is the press story that they want. It's a form of marketing. They don't seem to have much real research behind the headline. Bluntly it is rubbish research.