Geert Lush Wilders

[sasguru]

The dictionary is probably in the house and the wife keeps the back door locked until dinner time.

Well at least I'm earning proper money, not relying on the missus for my keep, while I play at running a "business" while getting pished in the pub

[minestrone]

What part of "exponential growth" and "future" are you struggling to understand?
I thought you were anti-EU.
India is about the same size as the UK, economy wise, AT THE MOMENT and will be triple its size in a few years, if it maintains the pace of the last 25 years.

So if something is growing at 7% how long will it take to get to triple its size? I'm sure you can do the compounded growth calculation. I wouldn't predict a third world country's growth for that long.

[Eirikur]

We had nokia which wasn't even EU.

Finland is a member of the EU since 1995

[OwlHoot]

I'm sure you can do the compounded growth calculation. ...

I wouldn't count on it. Sas's grasp of exponential growth calculations seems rather tenuous and shaky

[SueEllen]

Hammond is about to speak in the House of Parliament.

[sasguru]

So if something is growing at 7% how long will it take to get to triple its size? I'm sure you can do the compounded growth calculation. I wouldn't predict a third world country's growth for that long.

About 16 years, at a conservative estimate.
What you would or wouldnt do is irrelevant

[sasguru]

I wouldn't count on it. Sas's grasp of exponential growth calculations seems rather tenuous and shaky

How is your maths whizz friend? You can ask him the answer to Minestone's question, before presenting it here as your own work.

[sasguru]

About 16 years, at a conservative estimate.
What you would or wouldnt do is irrelevant

In that time assuming a "Brexit" growth rate of 1.2% (which several Brexiters on here say is a price worth paying) , Britains GDP will have risen by 20% No doubt that will be fuelled by debt which will rise even more.

[minestrone]

In 16 years an Indian might be creating about 10% of what a person in the UK does.

Behold their productivity and economic genius.

[sasguru]

In 16 years an Indian might be creating about 10% of what a person in the UK does.

Behold their productivity and economic genius.

Your rather silly assumption (one of many) is in splitting the GDP over the whole population.
In reality there will be a rich well-educated section of society - there already is, it will just get bigger - who do most of the running and a majority of poor bottom feeders.
The divide will be more like Victorian Britain probably than a modern European country, but of course that didn't stop Victorian Britain being very successful as a whole .

Anyway having had this conversation with a supposed member of the UK's intelligentsia, I am more sure than ever that we need to be afraid, very afraid