TREASON May has devalued British Pound Sterling thanks to Project Fear 2.0 that has been aborted due to Brexiteers revolting.
Bank of England Governor Carney is the outgoing Canadian Governor of the Bank of England who famously stood shoulder to shoulder with George Osborne during the EU Referendum and Project Fear.
He wrongly predicted that the UK economy would crash if we voted to leave the European Union and claimed unemployment would rise.
He appeared on BBC Radio 4 this morning and continued with his attempts to scare the British Public.
Like many so-called ‘Experts’ from the establishment, he used the ‘No-Deal’ scenario to try and scare Brits so much so that the pound was weakened below $1.30 and as he spoke and was down 0.3 percent at $1.2982 as of 8:56am.
Carney said: “What we have done, and I think it is important to underscore this. We have made sure that the banks have the capital that they need, have the liquidity that they need and that we have the contingency plans in place so that if there were to be a no deal Breixt, and not just a no-deal Brexit, but a no-deal Brexit without any transition, so something that is truly by accident.”
He added: “It is absolutely in the interest of the European Union and the United Kingdom to have a transition to whatever deal.
If we don’t we will have house prices going down by more than a third, real interest rates going up by almost four percentage points, unemployment going to nine percent, and the economy going into a four percent recession.”
Carney refused to back down as the pound fell to the ground.