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  • Mark Carney: Risk of no-deal Brexit now 'alarmingly high'

    From news.sky.com

    Mark Carney has told Sky News the risk of a no-deal Brexit is now "alarmingly high", branding suggestions it could be managed as "absolute nonsense". In an exclusive interview with Sky News, the governor of the Bank of England defended its gloomy forecasts for what a cliff-edge scenario would mean and denied they amounted to scaremongering. He said the Bank's thinking on the issue - which included predictions of an economic shock - had been demanded by a committee of MPs and involved the work of hundreds of staff, including its economists. He told Sky's Samantha Washington that a shock continued to be his view, ... (full story)

Well that took three hours. Wonder if there is a betting parlor willing to take the odds.
oh....waow!!! but #GBP is very tasty.....
Oh yeh Pipa just happened to run into Jeremy. How coincidental.
Full court press is on to stop or reverse Brexit.
Although Mark Carney has a high position in the public service of the UK he's still a public servant. It's rare that a public servant dares criticizing the government that employs him. Maybe he has discussed the issue with the PM prior to issue such an alarming statement. In any case I'm sure the MPs will take notice of the gravity of the situation and the need to come up quickly with a solution.
"A disorderly no-deal Brexit would be only half as damaging as the Bank of England warned three months ago, Mark Carney has said".

The above were his words last month from the following article:
https://www.thetimes.co.uk/article/n...rney-60pg3snrh


Now he has been told to use this sort of language:
"gloomy forecasts" "cliff-edge scenario" "economic shock"

How transparent is this scaremongering ?
in actually U.K PM is very ultimate clever, she will play soft ...hmmmm #GBP will dancing soon
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Quoting robgsxr
"A disorderly no-deal Brexit would be only half as damaging as the Bank of England warned three months ago, Mark Carney has said". The above were his words last month from the following article: https://www.thetimes.co.uk/article/n...rney-60pg3snrh Now he has been told to use this sort of language: "gloomy forecasts" "cliff-edge scenario" "economic shock" How transparent is this scaremongering ? ...

Scaremongering? Jezu.. without these guys efforts to remove systemic risk, you'd be in a bonfire.
The risk has decreased BECAUSE of the BoEs efforts and success in cooperation with ECB, major international Financial market stakeholders, banks insurance and bond players ..the Fed, BoJ etc and regulators to agree on EMERGENCY provisions to maintain stability of the Financial system, while the political and social media muppets continue to destroy productive business and industry of the UK who DONT have similar support..
Quoting Guest
{quote} Scaremongering? Jezu.. without these guys efforts to remove systemic risk, you'd be in a bonfire. The risk has decreased BECAUSE of the BoEs efforts and success in cooperation with ECB, major international Financial market stakeholders, banks insurance and bond players ..the Fed, BoJ etc and regulators to agree on EMERGENCY provisions to maintain stability of the Financial system, while the political and social media muppets continue to destroy productive business and industry of the UK who DONT have similar support..
As I said scaremongering, the rest of what you have mentioned is simply carrying out the daily job they are paid to do.
I am in total agreement that the political and social media puppets are making a mockery of a simple and straight forward process that should have been settled months ago. It seems to be their job to make dramas out of crises or in fact drama out of most things, particualarly those of little importance.
So now they have something a little more serious to turn into a circus they are in their element.
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  • Story Stats
  • Posted: Apr 3, 2019 12:07pm
  • Submitted by:
     Newsstand
    Category: Medium Impact Breaking News
    Comments: 8  /  Views: 3,471