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Brexit to send UK tumbling down world economic league table
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TheEngineer
26-12-2016
Brexit to send UK tumbling down world economic league table, worrying new analysis shows

Quote:
“Brexit will send Britain tumbling from fifth to eighth in the world’s economic league table by the end of the next decade, a worrying new economic analysis has found.”

http://www.independent.co.uk/news/uk...-a7495411.html
Aurora13
26-12-2016
Folks voted for this. It was all known prior to 23rd June.
batdude_uk1
26-12-2016
Shame that Big Sam has just signed on at Palace, this sounds like a job for him!
Happ Hazzard
26-12-2016
Who cares?
jmclaugh
26-12-2016
Blimey, that crystal ball is getting a lot of use to now predice 2030. Do they know next week's lottery numbers?
mungobrush
26-12-2016
Originally Posted by Aurora13:
“Folks voted for this. It was all known prior to 23rd June.”

Exactly.
We were all told that we would be worse off if we left the EU
So why is anyone surprised
Thats what people voted for
MARTYM8
26-12-2016
When it comes to long term modelling Kate Moss has a far superior record to the CEBR.

In summer 2008 they forecast house prices would rise 30 per cent over the next couple of years - they actually fell 20 per cent. Apparently they claim to have certainty about how sterling will perform up to 2030 - really?

Beware anyone who starts forecasting what the world economic position is going to be like in 2030 - many of these groups rarely get the next 12 months right!

Change a few assumptions and you will get totally different results.
David_Flett1
26-12-2016
Originally Posted by TheEngineer:
“Brexit to send UK tumbling down world economic league table, worrying new analysis shows



http://www.independent.co.uk/news/uk...-a7495411.html”

Speculate! Speculate! Speculate! the same people who never saw the 2008 crash coming, the same people who predicted in the immediate aftermath of the Brexit vote that the economy would sink without trace. Until negotiations are completed and that is a long way off no-one knows what the outcome will be ahead.

But feel free to continue quoting a one sided view of Brexit, personally I'll follow the negotiating path and more importantly make my judgement on facts which will only become clear when that time arrives.

Everyone on both sides can judge for themselves if they made the right choice, whether what they were told was true or lies, people were given the opportunity to examine all the advantages and disadvantages how staying and leaving affected them individually and even how it affected the company or sector they worked.
Happ Hazzard
26-12-2016
This is just the "international business community" trying to punish us for not bending to their will. They are nothing more than a modern-day mafia. They will not win. We will win.
Dacco
26-12-2016
Originally Posted by TheEngineer:
“Brexit to send UK tumbling down world economic league table, worrying new analysis shows



http://www.independent.co.uk/news/uk...-a7495411.html”

Oh dear, never mind........ Now where's the mince pies.
mungobrush
26-12-2016
Originally Posted by Dacco:
“Oh dear, never mind........ Now where's the mince pies.”

Your assets have already suffered a 20% depreciation

Never mind
Mark_Jones9
26-12-2016
Originally Posted by TheEngineer:
“Brexit to send UK tumbling down world economic league table, worrying new analysis shows
http://www.independent.co.uk/news/uk...-a7495411.html”

Tumbling briefly due to the drop in the value of the GBP and Brexit uncertainty then after Brexit rebounding back up due the economy growing faster than other nations. Even according to the article France will be lower in the league table by 2030, and I would expect by 2030 Germany will also be lower than the UK.

Quite how Brexit is to blame for the predicted rapid growth in economies like Korea, India, Brazil I have no idea.
jmclaugh
26-12-2016
Originally Posted by mungobrush:
“Your assets have already suffered a 20% depreciation
”

If an American wants to buy them they will pay 18% less in $s, if someone from the EU does they will pay 10% less in €s. The seller would all other things being equal gets the same number of £s as before.
mungobrush
26-12-2016
Originally Posted by jmclaugh:
“If an American wants to buy them they will pay 18% less in $s, if someone from the EU does they will pay 10% less in €s. The seller would all other things being equal gets the same number of £s as before.”

Except of course for everything we import
Mr Moritz
26-12-2016
Originally Posted by TheEngineer:
“Brexit to send UK tumbling down world economic league table, worrying new analysis shows



http://www.independent.co.uk/news/uk...-a7495411.html”

Only to eighth, bargain
Halki
26-12-2016
Originally Posted by Dacco:
“Oh dear, never mind........ Now where's the mince pies.”

Seconded!
MargMck
26-12-2016
Originally Posted by Dacco:
“Oh dear, never mind........ Now where's the mince pies.”

It has to be said that the ones in my mum's cupboard have turned out to be spectacular and have been 'tumbling down' the gullets of visitors.
batdude_uk1
26-12-2016
Originally Posted by mungobrush:
“Your assets have already suffered a 20% depreciation

Never mind”

I wish the size of my belly would suffer that level of depreciation!

Far too much food consumed this Christmas!
Liete
26-12-2016
On June 23rd make sure you vote to REMAIN in the European Union.
Neppy
26-12-2016
I hope we don't get relegated.
scott789s
26-12-2016
I thought 'TheEngineer' might take a break for Christmas, but alas no.

Project Fear just keeps on giving.
Dacco
26-12-2016
Originally Posted by MargMck:
“It has to be said that the ones in my mum's cupboard have turned out to be spectacular and have been 'tumbling down' the gullets of visitors.”

The sister in-law made her own, quite a bit smaller than normal, very tasty and I have found I can get one in each cheek without anybody noticing.
MARTYM8
26-12-2016
Originally Posted by scott789s:
“I thought 'TheEngineer' might take a break for Christmas, but alas no.

Project Fear just keeps on giving.”

He did for one day - but the South Pacific island deputised with 3 similar threads.
David_Flett1
26-12-2016
Originally Posted by mungobrush:
“Your assets have already suffered a 20% depreciation

Never mind”

For many Brexit proved profitable for many holding shares.
MargMck
26-12-2016
Originally Posted by Dacco:
“The sister in-law made her own, quite a bit smaller than normal, very tasty and I have found I can get one in each cheek without anybody noticing.”

Well done you! Few remaining here, mostly flaky, it has to be said.
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