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Britain to end year as fastest growing major economy.


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Old 11-12-2016, 19:33
Thiswillbefun
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As long as the Tories keep pumping up the overinflated housing market, the economy will continue to 'grow fast'.
We are heading for a stagnant economy with rising inflation, so the interest rate decisions over the next 2 years could trigger a rash of housing defaults and a major housing crash.

With so many people using their properties for wealth generation, the crash could force the economy into spiral downward.
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Old 11-12-2016, 19:34
Mesostim
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Oooh well done us for being really successful... we should carry on like this and we can;t go wrong...

Oh wait... "Time for a change".
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Old 11-12-2016, 19:55
MTUK1
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Er, it's down from 0.7% to 0.5%.

Rising inflation not detrimental tot he economy?


Er, no, it implicitly accepts it by saying "includes developing economies" instead of "comprises developing economies".

You are just continually illustrating why referenda are a bad idea.
Of course that figure is quarterly. Not that I'd want to destroy your narrative or anything.

Inflation of 1%. Wow. Obviously, you don't remember when it was double figures.

It doesn't implicitly say anything. You're the one who keeps dragging up developing economies. I never mentioned it once.
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Old 11-12-2016, 20:25
andykn
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Of course that figure is quarterly. Not that I'd want to destroy your narrative or anything.
Good, because you haven't.
Inflation of 1%. Wow. Obviously, you don't remember when it was double figures.
I do, I also remember high inflation started lower.
It doesn't implicitly say anything. You're the one who keeps dragging up developing economies. I never mentioned it once.
Of course it does! Saying "includes developing economies" instead of "comprises developing economies" implies it includes developed economies too. It's called English.
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Old 11-12-2016, 20:46
MTUK1
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Good, because you haven't.

I do, I also remember high inflation started lower.


Of course it does! Saying "includes developing economies" instead of "comprises developing economies" implies it includes developed economies too. It's called English.
I have destroyed your pro EU narrative.

Find me a post where I said blocks with developing economies only. I await with baited breath. There isn't one.
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Old 11-12-2016, 20:51
andykn
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I have destroyed your pro EU narrative.

Find me a post where I said blocks with developing economies only. I await with baited breath. There isn't one.
I didn't say you did.

You haven't "destroyed" anything. All you've done is point out that developing countries are growing faster than developed ones. That's why trading blocs containing developing countries [as well as developed ones] are growing faster than a trading bloc with no developing economies(the EU), not because there's anything inherently wrong with the EU.
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Old 11-12-2016, 21:10
MTUK1
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I didn't say you did.

You haven't "destroyed" anything. All you've done is point out that developing countries are growing faster than developed ones. That's why trading blocs containing developing countries [as well as developed ones] are growing faster than a trading bloc with no developing economies(the EU), not because there's anything inherently wrong with the EU.
Of course there is something inherently wrong with the EU. It doesn't create jobs. And its growth record is appalling. And this is the last time I will respond to you about this as you're boring me to death. You did try and make out I was talking only about blocks with developing countries. You know quite well I wasn't. You're just deflecting away from the piss poor performance of your beloved EU.
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Old 11-12-2016, 21:22
TelevisionUser
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Britain to end year as fastest growing major economy.

This is nothing more than the usual total puppis from Leave supporters who cherry pick the outlier case or prediction to try to shore up their ailing arguments.

The real key factor will be whether the UK experiences a hard Brexit or retains access to the single market area. One will put the UK into an economic downturn while the other will produce economic growth.
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Old 11-12-2016, 21:24
irishfeen
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Unemployment in Ireland is? How much of the loss since 2008 have you made up?
Unemployment down to 7.3% .. more then halved since it's height of over 15%.
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Old 11-12-2016, 21:24
MTUK1
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Britain to end year as fastest growing major economy.

This is nothing more than the usual total puppis from Leave supporters who cherry pick the outlier case or prediction to try to shore up their ailing arguments.

The real key factor will be whether the UK experiences a hard Brexit or retains access to the single market area. One will put the UK into an economic downturn while the other will produce economic growth.
You know that how?
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Old 11-12-2016, 22:05
mRebel
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Plenty of countries within the EU are doing well, countries like the UK, Ireland, Sweden, Denmark, Netherlands and Germany. Others are stuggling, particularly in southern Europe but it would be a huge leap to say it's because they are members of the EU. The UK itself has very prosperous regions and others that are lagging well behind.

One interesting aspect btw that the nations doing well all have high levels of immigration and are benefitting from EU freedom of movement.
Ireland benefits from fom in that several hundred thousand Irish citizens have left the country since 2009 to find work elsewhere. And it should be remembered that EU membership is not wholly bad or good, it's a balance of what's best overall.
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Old 11-12-2016, 22:10
mRebel
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As long as the Tories keep pumping up the overinflated housing market, the economy will continue to 'grow fast'.
The economy grew for years under New Labour, but as we found out in 2008, it was growth built on sand. It could be happening again.
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Old 11-12-2016, 23:09
andykn
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Of course there is something inherently wrong with the EU. It doesn't create jobs. And its growth record is appalling. And this is the last time I will respond to you about this as you're boring me to death. You did try and make out I was talking only about blocks with developing countries. You know quite well I wasn't. You're just deflecting away from the piss poor performance of your beloved EU.
OK, tell me about a trading bloc whose proportion of world trade has increased more than the EU that doesn't involve developing countries.
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Old 12-12-2016, 00:10
MTUK1
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OK, tell me about a trading bloc whose proportion of world trade has increased more than the EU that doesn't involve developingn countries.
No, I won't bother, I'm washing the cat. You're very tedious, when you're being purposely obtuse.
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Old 12-12-2016, 00:34
andykn
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No, I won't bother, I'm washing the cat. You're very tedious, when you're being purposely obtuse.
In other words, having accused me of making out you were only talking about trading blocs involving developing countries that's now all you can think of. Otherwise it would have been quicker to mention one than the diversionary abuse and pet talk.
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Old 12-12-2016, 00:34
Eurostar
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Ireland benefits from fom in that several hundred thousand Irish citizens have left the country since 2009 to find work elsewhere. And it should be remembered that EU membership is not wholly bad or good, it's a balance of what's best overall.
They have indeed but we're already back to net immigration for Ireland for 2016 for the first time in a good few years. Many EU citizens remained working in the country throughout the recession and didn't return home.
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Old 12-12-2016, 09:34
BrokenArrow
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They have indeed but we're already back to net immigration for Ireland for 2016 for the first time in a good few years. Many EU citizens remained working in the country throughout the recession and didn't return home.
If the UK had managed to be a net exporter of people during the recession, it wouldn't have been left with a massive trade or budget deficit.

Unfortunately someone left the door open.
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