U.K.'s Leadsom: Economists' Brexit Forecasts Ludicrous

The transcript discusses the economic consensus on the negative effects of leaving the EU, both short and long term. It critiques past economic forecasts, highlighting the failure to predict major crises and questioning the assumptions behind current predictions. The discussion also touches on how economic decisions impact citizens, particularly in areas like education, healthcare, and housing. A debate ensues on the validity of economic consensus, with references to past disagreements over the eurozone and the role of respected institutions.

What are the implications of the speaker's statement about the failure of economists to predict the financial crisis?

In what way does the speaker challenge the notion of consensus regarding the UK's decision not to join the eurozone?