The Mudcat Café TM
Thread #164605 Message #3941292
Posted By: DMcG
03-Aug-18 - 11:58 AM
Thread Name: Brexit #2
Subject: RE: Brexit #2
The model is based on a "no deal" scenario. With luck, we will never get to find out if it was right or not. Otherwise we will have a no " deal" and know within a year whether the model is looking close or not. But I see that while you accept there may be a period where the country suffers for a period just after a no deal, I think we are still missing any sort of indication from the Leavers how deep and how long this could be. Like Carney's model, we recognise the uncertainties and caveats needed. But some indication would be welcome. And then we can see if that is closer in the same timescales.