Oh yes, they’re at it again: this time the Bank of England Governor Mark Carney has reportedly told the Cabinet that leaving the EU without a deal could mean house prices falling by 35% in three years.
He also apparently forecasted a potential spike in unemployment and transport links to the EU stalling – all equating to something resembling the 2008 financial crash. Plagues of locusts as well no doubt?
Of course The Guardian have dutifully whipped up this latest round of Project Fear, just as they did before the referendum when George Osborne made the farcical prediction of an 18% hit on house prices if Britain voted to Leave.
More Project Fear bollocks tonight, ‘house market crash if we leave EU with No Deal’.
Guardian May 2016: ‘House prices could take 18% hit over next 2 years, economic shock that will increase cost of mortgages if UK votes to leave EU’
Don’t fall for it. https://t.co/fj8aGH2EoX
— Michael Heaver (@Michael_Heaver) September 13, 2018
Nigel Farage responded by reminding people that the government had just extended Mark Carney’s stay at at the Bank of England until January 2020, with Chancellor Philip Hammond no doubt a fan.
Truly appalling decision to extend Mark Carney’s term at the Bank of England. He is a Remainer, how can we take this government seriously?
— Nigel Farage (@Nigel_Farage) September 11, 2018
Conservative MP Nigel Evans questioned why the country has to put up with more Project Fear “drivel” for years to come.
The Guy who irritated us all with project fear last time and got it comprehensively wrong is at it again- and we have to put up with his drivel for another 2 years…..why? BBC News – Brexit: Carney warns no-deal could see house prices plunge https://t.co/YbWakB22Hf
— nigelevansRibbleV. (@nigelmp) September 14, 2018
There were other reports that Sajid Javid and Matt Hancock took Carney to task over his doomsday view.
Cabinet source: “Matt and Sajid took Carney on to demand to know what he planned to do about all his doom and gloom. It got quite tasty”.
— Tom Newton Dunn (@tnewtondunn) September 13, 2018
All of the dire, totally inaccurate warnings about a Leave vote are now being made all over again. Keep calm and deliver Brexit.