Brexit crushes the economy

[sasguru]

Yeah those Germans with their falling economy. If only they'd thought to have the British model, eh?

[Old Greg]

https://uk.reuters.com/article/uk-ge...-idUKKBN1J80X7



Falling economy, must be due to thick, gammon faced brexiters.

You have a gammon's understanding of cause and effect.

[DimPrawn]

https://uk.reuters.com/article/uk-ge...-idUKKBN1J80X7

The ZEW research institute’s sentiment index fell to -16.1 in June from -8.2 in May, it said on Tuesday - the lowest reading since September 2012 and missing a consensus forecast of -14.0 in a Reuters survey.

Weighing on morale were concerns about the new Italian government’s commitment to the euro zone, but of potentially far greater immediate economic impact was a festering trade dispute with the United States.

Washington’s allies have warned that protectionist policies espoused by President Donald Trump - including punitive import tariffs on steel and aluminium - are weakening the world economy.

But as Europe’s biggest exporter to the United States - a trade relationship that keeps more than one million Germans in employment - Berlin is more anxious than most to avoid a trade war with Washington.

ZEW president Achim Wambach said the dispute was leaving its mark on the economic outlook, and falls in German exports, industrial output and orders in April also suggested a long sustained recovery could be flagging.

Falling economy, must be due to thick, gammon faced brexiters.