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  • Good analogy, but I think a lot of Brexiters are still thinking along the 'Project Fear' lines - alarm bells aren't ringing because they don't pay serious attention to the news or still believe all the news about Brexit being a disaster are Remainer lies. Same result though- they're not going to change their minds.

  • Also not helped by the highly negative forecast for the point immediately following a brexit vote (500-800k job losses, drop in GDP) which didn't happen. This means that people now point at other forecasts and use that to justify they'll be wrong too.

  • True, but thanks in part to a shitload of quantative easing... and a lot of jobs are already gone/going.

    "oh no this can happen"
    sensible people take action, change course, most of the danger averted
    "project FEAR"

    At some point the sensible people may just give up taking action :)

    Using macroeconomic predictions is always risky though, cos you can give them if XYZ don't change too much. The latter is often forgotten about/not heard in the first place. Job losses/factories closing/banks going is concrete.

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