Friday, June 24, 2016

Eight reasons Leave won the UK's referendum on the EU - BBC News

Eight reasons Leave won the UK's referendum on the EU - BBC News:
"The UK has voted to quit the European Union following a referendum on its membership.
So how did the Leave campaign win?
1. Brexit economic warnings backfire
What started off as a trickle soon became a steady stream and ended up as a flood.
The public was bombarded with warnings about how they would be poorer if they voted to leave the EU but, in the end, weren't convinced by what they were told and/or believed it was a price worth paying.
The CBI, the IMF, the OECD, the IFS - an alphabet soup of experts lined up to say economic growth would be hobbled, unemployment would go up, the pound would plummet and British business would be left in a no man's land outside the EU.
The Bank of England raised the prospect of a recession while The Treasury said it would be forced to put income tax up and slash spending on the NHS, schools and defence.
If that wasn't enough, President Obama suggested the UK would go to the "back of the queue" in terms of securing a trade deal with the US while top EU official Donald Tusk hinted at the end of Western political civilization..."
Read on!

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