UK GDP figures out this morning

[northernladyuk]

Just as good as the green, white and gold property boom which I see is well underway again.

In GBP terms, it's sky-rocketing.

[BlasterBates]

Another British company issues a profit warning due to weak demand

[milanbenes]

this thread is soooooo boring without the Brexiters, where's Mordy and crew ?

Milan.

[The_Equalizer]

In GBP terms, it's sky-rocketing.

Quite worrying for EU immigrants living in the UK.

[milanbenes]

Quite worrying for EU immigrants living in the UK.

that's why they're all leaving

self fulfilling prophecy

Milan.

[darmstadt]

The Greeks would probably disagree with that assessment. I'm sure Phil will be along shortly to give his own opinion re. the Germans...

Oh I don't know. A German elevated his status and has given him a pretty good life

[northernladyuk]

Quite worrying for EU immigrants living in the UK.

Or for anyone who wants out, or who will see their job moving. Glad I got the house sold and the money out at £1 = €1.43 or thereabouts.

[PurpleGorilla]

the point is, let's say you are 60 planning to retire today and your family residence is worth 1million today and you sell it and buy something smaller for 500k and bank the other 500k to live off at 30k per year for the next 15 years

and now let's fast forward a few years time....

let's say you are 60 planning to retire today and your family residence was worth 1million a few years ago is now worth 600k today and you sell it and buy something smaller for 300k and bank the other 300k to live off at 30k per year for the next 10 years

you see the problem

Milan.

Boomers

[DimPrawn]

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

The main growth driver in Spain is the public spending, which is being driven by cheap Euros printed via QE.

Why ECB president is still flooding the system with cheap money

So basically, loading up on free loans and credit cards and spending. Sound familiar?

[PurpleGorilla]

The main growth driver in Spain is the public spending, which is being driven by cheap Euros printed via QE.

Why ECB president is still flooding the system with cheap money

So basically, loading up on free loans and credit cards and spending. Sound familiar?

Sentiment is everything. When that crumbles, the euro is toast.