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Euro zone growth revised
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Originally posted by GB9 View PostAlways forgive your enemies; nothing annoys them so much. -
Originally posted by GB9 View Post
"Among countries for which data is already available, GDP growth picked up in Germany and France; was unchanged in Spain; and slowed in Italy."
Is down the new up Brexit land?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostIn the first paragraph from your link:
"Among countries for which data is already available, GDP growth picked up in Germany and France; was unchanged in Spain; and slowed in Italy."
Is down the new up Brexit land?
No of course if the UK is down on forecasts the sky is falling in. If Germany is 20% down on Forecast there is no problem and we are being foolish.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by vetran View PostNo of course if the UK is down on forecasts the sky is falling in. If Germany is 20% down on Forecast there is no problem and we are being foolish.
Very different impacts you understand."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostQuite so. Germany exports a 1/3 of the world's goods. Whereas the UK exports 'other peoples' goods.
Very different impacts you understand.
https://www.theguardian.com/business...ast-uk-economy
Executive arm of EU sees UK economy growing 1.5% this year, compared with earlier forecast of just 1% growthAlways forgive your enemies; nothing annoys them so much.Comment
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Duh. Germany had growth but it wasn't as much growth as expected so they're a loser.
In the UK things got worse but not as much worse as people expected so we're winning and Brexit was the best choice ever.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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You thickos just don't get it do you?
Germany's trade surplus in 2016 - 250 billion Euros.
UK's trade deficit in 2016 - 6 billion pounds.
And you're talking about small bits of GDP rises?
Our GDP rises in synch with our debt because the UK economy is run by borrowing and spending.
The German economy when it has growth actually puts money in the bank.
There are some economists who say GDP figures shouldn't be given any credit at all.
Because theoretically for much of the 90s and 00s our gowrth rate was higher than Germany's but where has it got us?
Massive twin deficits and huge debt.
That's the Brexit delusion - its the delusion of the adequcy of the UK economy.Hard Brexit now!
#prayfornodealComment
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Originally posted by sasguru View PostYou thickos just don't get it do you?
Germany's trade surplus in 2016 - 250 billion Euros.
UK's trade deficit in 2016 - 6 billion pounds.
And you're talking about small bits of GDP rises?
Our GDP rises in synch with our debt because the UK economy is run by borrowing and spending.
The German economy when it has growth actually puts money in the bank.
There are some economists who say GDP figures shouldn't be given any credit at all.
Because theoretically for much of the 90s and 00s our gowrth rate was higher than Germany's but where has it got us?
Massive twin deficits and huge debt.
That's the Brexit delusion - its the delusion of the adequcy of the UK economy.
Edit: are your stats correct? 6 billion deficit looks a bit light?Last edited by northernladyuk; 16 February 2017, 15:22.Comment
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