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Reply to: Big fall in GDP

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Previously on "Big fall in GDP"

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  • DimPrawn
    replied
    The point is the USA and other major economies were already on the turn down before Brexit.

    All the pumped up funny money only goes so far...mostly it goes to banks and wealthy property owners.

    Leave a comment:


  • GB9
    replied
    Originally posted by Old Greg View Post
    If it ended on 30 June, it is unlikely to be seriously affected by a vote on 23 June, is it?
    I would agree that the next quarter will be more meaningful but I also agree with Owl that posters have been calling out a slowdown in the quarter due to Brexit. Seems to be selective.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by OwlHoot View Post
    I'm sure someone may have said it, and if so it was definitely here
    You were sure I said it just now, so you don't really sound very sure at all.

    Leave a comment:


  • OwlHoot
    replied
    Originally posted by Old Greg View Post

    If you are sure, please provide the link.
    I'm sure someone may have said it, and if so it was definitely here

    Leave a comment:


  • Old Greg
    replied
    Originally posted by OwlHoot View Post
    I'm sure it was you who said that some other downturn earlier in the year was caused by uncertainty over Brexit.
    If you are sure, please provide the link.

    Leave a comment:


  • OwlHoot
    replied
    Originally posted by Old Greg View Post

    If it ended on 30 June, it is unlikely to be seriously affected by a vote on 23 June, is it?
    I'm sure it was you who said that some other downturn earlier in the year was caused by uncertainty over Brexit.

    (Or it may have been someone else commenting in the lastest House Price Index thread.)

    Basically, for a Remainer, whatever the question about some apparent or actual deterioration, Brexit or its anticipation is the answer!

    Leave a comment:


  • Eirikur
    replied
    These are all pre brexit figures, so the real hit will come in 3 months time. Biut Brexiteers keep telling themselves it all looks fine. Sleep well.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by GB9 View Post
    Q2.
    If it ended on 30 June, it is unlikely to be seriously affected by a vote on 23 June, is it?

    Leave a comment:


  • GB9
    replied
    Originally posted by Old Greg View Post
    When did this period start and end?
    Q2.

    Leave a comment:


  • Old Greg
    replied
    Originally posted by GB9 View Post
    Interesting that our GDP grew in the same period, despite Brexit. Shows things are slowing down everywhere else regardless.
    When did this period start and end?

    Leave a comment:


  • GB9
    replied
    Originally posted by FatLazyContractor View Post
    Glad to see that you found your excuse for the day. Come back tomorrow with more excuses news.
    I don't need excuses. Theirs is 1.2, ours is 2.2.

    Edit: sorry, they have an extra 1.2 girlies, we have an extra 2.2 girlies. Put in language you understand!

    Leave a comment:


  • FatLazyContractor
    replied
    Originally posted by GB9 View Post
    Interesting that our GDP grew in the same period, despite Brexit. Shows things are slowing down everywhere else regardless.
    Glad to see that you found your excuse for the day. Come back tomorrow with more excuses news.

    Leave a comment:


  • GB9
    replied
    Interesting that our GDP grew in the same period, despite Brexit. Shows things are slowing down everywhere else regardless.

    Leave a comment:


  • DimPrawn
    started a topic Big fall in GDP

    Big fall in GDP

    U.S. Economy Grew a Less-Than-Forecast 1.2% in Second Quarter @ Forex Factory

    The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand. Gross domestic product rose at a 1.2 percent annualized rate after a 0.8 percent advance the prior quarter, Commerce Department figures showed Friday in Washington. The median forecast of economists surveyed by Bloomberg called for a 2.5 percent second-quarter increase.
    Brexit is to blame. It's destroying the World and causing a massive crash.

    Nothing to do with money printing, negative interest rates, asset bubbles and falling incomes I'm sure...

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