If the UK chose to leave the European Union without a deal British property prices would plummet by 30%, the British Pound would be worth even less by the US Dollar and unemployment would skyrocket by more than a million.
Well, according to the Governor of the Bank of England Mark Carney who is a man never shy of talking Britain down and making inaccurate predictions.
The trouble is nobody believes this dire prediction from Mark Carney, least of all Conservative MP, Jacob Rees-Mogg who has given a brutally honest review of the Governor of the Bank of England:
“It is unusual for the Bank of England to talk down the pound and shows the Governor’s failure to understand his role. This is Project Hysteria. The reputation of the Governor has plummeted by more than any economic indicator. It was always a mistake to appoint a Canadian politician to a senior economic role.”
Brexiteer Jacob Rees-Mogg MP also claimed that Mark Carney was little more than “A second-tier Canadian politician” who “got a job in the UK”.
There is merit to Rees-Mogg’s statements on the Governor of the Bank of England. Carney’s obscure predictions never materialise and reveal a darker more self-serving nature to his words.
Mark Carney is loyal to interests of the EU and British mainstream establishment not those of the British people.
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