Another gloomy Brexit forecast. If you're a Remnant.

[DimPrawn]

They should put that on the side of a bus.

[NigelJK]

is hellbent on wanting to prevent themselves from being able to travel for work easily

IME if they want you they'll do the needful to get you.

[OwlHoot]

But there won't be.

The forecasts of recession are looking good gone. Latest forecasts suggest gdp growth slightly lower than otherwise would have been expected. No dip in gdp itself, just slightly lower growth. A price well worth paying.

I do wish people (in general, not you personally) would stop obsessing about GDP, and treating it as the be all and end all.

Including government spending in a measure of national economic performance, as GDP does, practically guarantees all kinds of perverse incentives and malign malipulations by governments, such as encouraging ever higher taxes and more government spending, and welcoming unhindered immigration solely for the same purpose.

Positive GDP doesn't always measure healthy growth - As often as not these days it just indicates feverish swelling!

[northernladyuk]

I do wish people (in general, not you personally) would stop obsessing about GDP, and treating it as the be all and end all.

Including government spending in a measure of national economic performance, as GDP does, practically guarantees all kinds of perverse incentives and malign malipulations by governments, such as encouraging ever higher taxes and more government spending, and welcoming unhindered immigration solely for the same purpose.

Positive GDP doesn't always measure healthy growth - As often as not these days it just indicates feverish swelling!

The old man uses a very discrete specialist if you want to PM me for details.

[BlasterBates]

Good thread, more news confirming the poor outlook.

Economic outlook for the UK very gloomy

[GB9]

Good thread, more news confirming the poor outlook.

Economic outlook for the UK very gloomy

What absolute bollox.

Claiming gdp forecasts for this year have been cut 75% when everyone such as the OBR, imf and boe has just raised them yet again.

Can a Remnant find a truthful article anywhere?

[northernladyuk]

What absolute bollox.

Claiming gdp forecasts for this year have been cut 75% when everyone such as the OBR, imf and boe has just raised them yet again.

Can a Remnant find a truthful article anywhere?

Hear hear! And the Charlemagne Division will be able to break through Soviet lines and relieve the city! IF ONLY THERE WAS MORE TIME!

[sasguru]

Hear hear! And the Charlemagne Division will be able to break through Soviet lines and relieve the city! IF ONLY THERE WAS MORE TIME!

Don't confuse him. He's not the sharpest tool in the box and your historical allusions and analogies are wasted.
The stupid have to suffer - its the only way ...

[northernladyuk]

Don't confuse him. He's not the sharpest tool in the box and your historical allusions and analogies are wasted.
The stupid have to suffer - its the only way ...

It is certainly an inevitable consequence of their own stupidity, but to what end? It will neither teach them, nor prevent them from breeding.

[sasguru]

I do wish people (in general, not you personally) would stop obsessing about GDP, and treating it as the be all and end all.

Including government spending in a measure of national economic performance, as GDP does, practically guarantees all kinds of perverse incentives and malign malipulations by governments, such as encouraging ever higher taxes and more government spending, and welcoming unhindered immigration solely for the same purpose.

Positive GDP doesn't always measure healthy growth - As often as not these days it just indicates feverish swelling!

I agree with you on this. Post referendum QE and drop in interest rates to 0.25% + excessive borrowing is stoking a consumer boom.
A GDP rise due to consumerism as opposed to exports or investment is unsustainable.