Euro zone growth revised

[sasguru]

You thickos just don't get it do you?

Germany's trade surplus in 2016 - 250 billion Euros.
UK's trade deficit in 2016 - 6 billion pounds.

Germany ... clearly struggling.

Yeah looks like it, eh? In La-la land

[GB9]

In the first paragraph from your link:

"Among countries for which data is already available, GDP growth picked up in Germany and France; was unchanged in Spain; and slowed in Italy."

Is down the new up Brexit land?

If you had read past the first word... .

Germany and Euro zone clearly struggling. UK actuals beating forecasts and future forecasts being revised up. No wonder countries are starting to call for a trade free settlement.

[d000hg]

How much has the Eurozone economy grown over the last 12 months in GBP terms?

In terms of the £GBP, a hell of a lot...

[northernladyuk]

You thickos just don't get it do you?

Germany's trade surplus in 2016 - 250 billion Euros.
UK's trade deficit in 2016 - 6 billion pounds.

And you're talking about small bits of GDP rises?
Our GDP rises in synch with our debt because the UK economy is run by borrowing and spending.
The German economy when it has growth actually puts money in the bank.

There are some economists who say GDP figures shouldn't be given any credit at all.
Because theoretically for much of the 90s and 00s our gowrth rate was higher than Germany's but where has it got us?
Massive twin deficits and huge debt.

That's the Brexit delusion - its the delusion of the adequcy of the UK economy.

Your wasting your time, mate. We're like the living in the Walking Dead when the Walkers have over-run the military dug-outs. Leave the dead to themselves and build a better life elsewhere.


Edit: are your stats correct? 6 billion deficit looks a bit light?

[sasguru]

You thickos just don't get it do you?

Germany's trade surplus in 2016 - 250 billion Euros.
UK's trade deficit in 2016 - 6 billion pounds.

And you're talking about small bits of GDP rises?
Our GDP rises in synch with our debt because the UK economy is run by borrowing and spending.
The German economy when it has growth actually puts money in the bank.

There are some economists who say GDP figures shouldn't be given any credit at all.
Because theoretically for much of the 90s and 00s our gowrth rate was higher than Germany's but where has it got us?
Massive twin deficits and huge debt.

That's the Brexit delusion - its the delusion of the adequcy of the UK economy.

[northernladyuk]

How much has the Eurozone economy grown over the last 12 months in GBP terms?

[d000hg]

Duh. Germany had growth but it wasn't as much growth as expected so they're a loser.
In the UK things got worse but not as much worse as people expected so we're winning and Brexit was the best choice ever.

[vetran]

Quite so. Germany exports a 1/3 of the world's goods. Whereas the UK exports 'other peoples' goods.

Very different impacts you understand.

Well Germany's growth was 20% lower than expected yet the UK's is up by 50% according to those idiots in the EU.

https://www.theguardian.com/business...ast-uk-economy

Executive arm of EU sees UK economy growing 1.5% this year, compared with earlier forecast of just 1% growth

Oh Dear

[scooterscot]

No of course if the UK is down on forecasts the sky is falling in. If Germany is 20% down on Forecast there is no problem and we are being foolish.

Quite so. Germany exports a 1/3 of the world's goods. Whereas the UK exports 'other peoples' goods.

Very different impacts you understand.

[vetran]

In the first paragraph from your link:

"Among countries for which data is already available, GDP growth picked up in Germany and France; was unchanged in Spain; and slowed in Italy."

Is down the new up Brexit land?

No of course if the UK is down on forecasts the sky is falling in. If Germany is 20% down on Forecast there is no problem and we are being foolish.

[scooterscot]

Down from first estimate.

Germany down.

In the first paragraph from your link:

"Among countries for which data is already available, GDP growth picked up in Germany and France; was unchanged in Spain; and slowed in Italy."

Is down the new up Brexit land?

[vetran]

Down from first estimate.

Germany down.

Brexit innit

[GB9]

Down from first estimate.

Germany down.