Britain will be the strongest major economy in Europe for the next 2 years, says IMF

[sasguru]

UK growth set to overtake the eurozone, forecasts IMF | This is Money


Looks like the Anglo-Saxon QE approach was best, since the US is showing signs of strong improvement, too.
Meanwhile those stupid continentals force austerity on the Southern Europeans, killing the ailing patient, throwing out the baby with the bathwater, call it what you will. Why?
First you have to make sure the patient lives, then apply the medicine. It's all about timing.

[AtW]

Growing faster isn't the same being strongest dufus.

Sir Merv will have to print a few trillions to get 2% growth.

[pacharan]

Yes, but what about our net GDP after our colossal welfare bill and downpayments on debt?

How rosy do things look then when compared with Europe?

[sasguru]

Growing faster isn't the same being strongest dufus.

Sir Merv will have to print a few trillions to get 2% growth.

Its lucky for us that we don't have an ex-communist like Merkel at the helm.
You ex-commies haven't a clue about economics with your simpleton mindset.
HTH

[sasguru]

Yes, but what about our net GDP after our colossal welfare bill and downpayments on debt?

How rosy do things look then when compared with Europe?

Compared with the PIIGS, we're a veritable economic paradise.
Thank God we're not in the Euro.

[doodab]

Good to see my return is having a positive effect already. Just wait until I get plan B off the ground....

[scooterscot]

Yet the highest rated comment reads

" ...Sir Mervyn King said Britons have ‘no reason for despair’ ...." Too late Sir. I despaired when the base rate hit 0.5% Borrowers were happy - but that was a sign we were in deep, deep trouble. And as long as it stays at 0.5% it will be a continuing sign of deep trouble. And I can't believe Sir M talks as if he had nothing at all to do with helping to get us into this desperate mess.

Indeed, come to Briton for business, near impossible to fire the feckless managers <op>, and get a great saving rates on your investments.

[sasguru]

Yet the highest rated comment reads



Indeed, come to Briton for business, near impossible to fire the feckless managers <op>, and get a great saving rates on your investments.

Illiterate and innumerate, Lod Haw Haw flits from country to country with nary an extension to his name.
In his desperation, he pretends he's in Scootopia where petrol is 1.25 Euros, isolation eating away at him and his family.

[doodab]

Of course whether one considers this good news or not rather depends on how much importance one attaches to short term performance as opposed to the longer term problems being created by QE.

[scooterscot]

Illiterate and innumerate, Lod Haw Haw flits from country to country with nary an extension to his name.
In his desperation, he pretends he's in Scootopia where petrol is 1.25 Euros, isolation eating away at him and his family.

It is amusing how even the OP needs to attack the poster rather than the topic. Evidence of the failed, the inept without the will to act, weakness does not become you. Manger material!

Here you might recognise yourself:

SASguru's is but a walking shadow, a poor player,
That struts and frets his hour upon the stage,
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,Signifying nothing.

Macbeth Act 5, scene 5, 19–28