UK GDP figures out this morning

[northernladyuk]

Or, to put it another way, it's 3x the UK growth.

Try looking at UK GDP in real money terms.

[PurpleGorilla]

Try looking at UK GDP in real money terms.

Debt fuelled growth is not growth. Certainly when it's just recapitalising the financial system...

[sasguru]

Debt fuelled growth is not growth. Certainly when it's just recapitalising the financial system...

I expect debt to GDP to increase as a result of Brexit.
It's beginning to fall for all other EU members.

[northernladyuk]

I expect debt to GDP to increase as a result of Brexit.
It's beginning to fall for all other EU members.

The great news is that debt is falling in USD terms.

[BlasterBates]

Consumers run out of steam

Doesn't look good. What little growth is there is due to momentum that built up before the Brexit vote. In other words the referendum took place within the context of a good strong economy and rather like a free wheeling bicycle is now slowing down.

[BlasterBates]

UK to emulate N. Korea

Brexit could leave a third of food and drink sector unviable as EU workers flee Britain, firms warn

Britain should focus on buying smart uniforms for its armed services, get them to march up and down Trafalgar Square and fire ballistic missiles into the 12 mile limit to demonstrate its sovereignty.

[BrilloPad]

Consumers run out of steam

Doesn't look good. What little growth is there is due to momentum that built up before the Brexit vote. In other words the referendum took place within the context of a good strong economy and rather like a free wheeling bicycle is now slowing down.

Germany manages very well without large consumer spending.

The UK should have to learn to do the same.

However, any sign of weakness and there will be more QE. When the bubble eventually bursts(next generation) it will be life changing.

[BrilloPad]

Brexit could leave a third of food and drink sector unviable as EU workers flee Britain, firms warn

Benefits will be cut.

HTH

[Mordac]

Or, to put it another way, it's 3x the UK growth.

Probably caused by the fear of an impending Corbyn government...

[WTFH]

Probably caused by the fear of an impending Corbyn government...

Why would there be a Corbyn government? The current government is doing such a good job!