Brexit news: Varoufakis DESTROYS EU Project Fear economic predictions
Mr Varoufakis said that “ludicrous” Project Fear economic predictions from the UK’s Treasury as well as European finance leaders, helped the Brexit cause. Speaking at a event earlier this week in the House of Commons organised by Labour MP Chuka Umunna, Mr Varoufakis said: “The greatest supporter of Brexit before the referendum was the Treasury, it was the Bank of England, it was Wolfgang Schäuble, it was Christine Lagarde. “Who are coming to this country or sending message to this country saying, if you dare vote for Brexit, Armageddon is going to come.” “You’re all going to be jobless and you are all going to end up in the gutter.”
BLOOMBERG•GETTY "Ludicrous" economic forecasts helped make Brexit happen, Mr Varoufakis said
Nothing helped the Brexit cause more than those ludicrous estimates of the effect of Brexit on GDP Yanis Varoufakis
Ms Lagarde is the managing director of the International Monetary Fund (IMF) and Mr Schäuble is the former German Finance Minister. Mr Varoufakis said that “ludicrous” economic predictions helped make Brexit happen, making a hilarious comparison to sausages. He said: “Nothing helped the Brexit cause more than those ludicrous estimates of the effect of Brexit on GDP. “I’m an economist, I can tell you that all these macro economic predictions are a bit like sausages.