IMF AND BREXIT

BREXIT - The Doomsday Economic Forecasts from the IMF

If the UK vote Leave in the Referendum

If the UK vote to leave the EU, no wonder Economic Bodies such as the IMF predict uncertainty, disruption and economic trading setbacks for the UK.
The IMF have good reason to take this stance. Why? Because if the UK cease to be a net contributor of £Billions into the EU funds, who do you think that the EU will turn to for bail outs if they need an injection of funds to support Greece and maybe Portugal, Romania, Bulgaria and others ? You have guessed it......the IMF and the ECB.
The IMF have a vested interest in seeing the UK remain in the EU.

Why should there be disruption and uncertainty ? Surely the EU want to continue to trade with the UK ? Surely, If the EU impose tariffs of say 10 per cent, the UK will retaliate ? In that case everyone is a loser.
Surely prosperity in Europe is dependent on good trading relationships with the UK.
Now consider this...the UK is the 5th largest economy in the World. It is one of the few stable countries with strong efforts to balance the books by 2020. If not by 2020, the trend is favourable and better than other countries in Europe.
Do you think that the USA, India, China, Commonwealth countries, South America will not want to trade with the U.K ?
Do you think the EU will want to press the self destruct button by limiting the flow of trade with the UK ?
Do you think the Management of EU companies will act as sheep if the EU makes it difficult for them to trade with the UK ?
High Employment is directly related to the level of trading profitability. The EU and UK have common interests as far as Employment is concerned and economic prosperity.

There may be a period of uncertainty but surely the people and business organisations have the determination, the skills, the innovation and the spirit of internationalism that will make the UK a strong Global trading country ? Are we so timid that we do not believe in out own strengths ?

Remember this key fact - if the UK leaves the EU, we will not be leaving Europe. We are Europeans, we love our European neighbours, we want good peaceful relations with everyone and we are not frightened to believe in ourselves.

Stock Markets go up and down. The UK will remain a safe country to invest in. It is a decent, democratic, peaceful country.
So, Doomsday economists, you get so many forecasts and predictions wrong, why should we believe you this time ?
My own predictions are as good as yours.
Take note, BBC Newsnight !

If the UK vote Leave, I predict that the EU will make substantial new offers to placate the UK Electorate particularly on Migration and Welfare Policy. This will encourage the UK Government to put these New proposals to the UK Electorate. The result........
The UK will remain in the EU because the vote to leave was so close.... 2016 result prediction

Leave EU -    52%

Stay in EU -  48%