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Brexit to send UK tumbling down world economic league table


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Old 26-12-2016, 13:08
Mr Oleo Strut
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Folks voted for this. It was all known prior to 23rd June.
Then those folks were daft, and their views are worthless. National self-destruction is just plain stupid.
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Old 26-12-2016, 13:24
Dacco
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Well done you! Few remaining here, mostly flaky, it has to be said.
Big Tupperware bowl full here, I'll teleport some over for you.................
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Old 26-12-2016, 13:31
Cloudy2
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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.
The report also says France and Italy will fall outside the top 10. This just can't be correct both France and Italy are in the EU therefore they must be going to do better than the UK. China rising to the top, not in the EU. India rising not in the EU. Brasil rising not in the EU. South Korea rising not in the EU. How are all these non EU countries managing without all that help amd support the EU provides. It really is a mystery.
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Old 26-12-2016, 13:31
B-29
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Then those folks were daft, and their views are worthless. National self-destruction is just plain stupid.
Keep the hysteria up, meanwhile the rest of us carry on happily , knowing that Junckers mafia will get the middle finger courtesy of Theresa by the end of March.😀
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Old 26-12-2016, 13:32
Rastus Pieface
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Brexit to send UK tumbling down world economic league table, worrying new analysis shows



http://www.independent.co.uk/news/uk...-a7495411.html
so, we drop from 5th to 8th, by 2030. wow (not). perhaps, engineer, you can explain why only Britain and Germany will be the ONLY european countries in the top 8 by 2030. after all, france didn't vote brexit did they? yet at the moment their economy is bigger than ours. so what goes tits up for the french? i though being in the EU was the only option (according to our resident remoaners).
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Old 26-12-2016, 13:33
Dacco
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Then those folks were daft, and their views are worthless. National self-destruction is just plain stupid.
Meanwhile, over the channel in Euroland everything is going swimmingly, well until the French elections.........
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Old 26-12-2016, 13:34
SpaceToilets
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You get the world you deserve.
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Old 26-12-2016, 13:38
batdude_uk1
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I thought 'TheEngineer' might take a break for Christmas, but alas no.

Project Fear just keeps on giving.
What does Manual Pellegrini have to do with this???!!
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Old 27-12-2016, 09:53
vanzandtfan
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Brexit to send UK tumbling down world economic league table, worrying new analysis shows



http://www.independent.co.uk/news/uk...-a7495411.html
The article states that the other European countries are also going to fall down the "league table", and that the UK will even recover its position against France. How the hell can that be because of brexit?

Stop believing every anti-brexit article, and try to engage critical analysis. I'm sure you can manage it if you try, it's really not that difficult

Edit - does anyone remember when the independent produced half way decent journalism?
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Old 27-12-2016, 10:27
batdude_uk1
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Are we safe from relegation, or is there still a tiny chance we could still qualify for the Champions League??
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Old 27-12-2016, 11:18
Tassium
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In 10 years people will look back and be amazed that anyone thought the EU was a wealth-creating machine.
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Old 27-12-2016, 11:22
cheesy_pasty
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Are we still clutching at straws?
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Old 27-12-2016, 13:49
Slojo
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Are we safe from relegation, or is there still a tiny chance we could still qualify for the Champions League??
No I think if we are 8th we don't qualify for Europe.

But hey that's just what we voted for so it's a win-win
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Old 27-12-2016, 14:09
Tassium
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With the way things are going the UK will clearly be worse off staying inside the EU, like all the other member states.

People compare the EU to the USA, but the states of the US actually compete with each other. While the EU is more close to the former Soviet Union.
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Old 27-12-2016, 15:46
batdude_uk1
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No I think if we are 8th we don't qualify for Europe.

But hey that's just what we voted for so it's a win-win
Do we at least have a chance of a Europa League place?
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Old 27-12-2016, 15:52
Thiswillbefun
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Blimey, that crystal ball is getting a lot of use to now predice 2030. Do they know next week's lottery numbers?
Lorry speeds towards Brexiter at 200mph

Remainer: "Get out of the way, there's a lorry coming!"

Brexiter: "Oh you and your crystal ball nonsense!"
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Old 27-12-2016, 15:56
Thiswillbefun
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Keep the hysteria up, meanwhile the rest of us carry on happily , knowing that Junckers mafia will get the middle finger courtesy of Theresa by the end of March.😀
With your fingers in your ears while the Tories triple tax you and sell your country to America and Germany on the cheap.
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Old 27-12-2016, 19:43
david16
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Expect something closer to 54 cents in exchange for your £1 when you go on holiday to the USA being the norm once the brexit process rather than $1.54 we have been so used to for many years.

Trade defecit to reach record levels post Brexit. No chance of a trade surplus post Brexit despite common belief among Brexiters. The economy to retract for decades to come rather than record economic growth many Brexiters forecast.

Never mind inflation and interest rates both rising to above 30% and 25% respectively under a Corbyn labour government even if the UK was still in the EU. This will most likelyhappen post Brexit even under a still tory government very soon indeed.
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Old 27-12-2016, 20:03
Mr Oleo Strut
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Expect something closer to 54 cents in exchange for your £1 when you go on holiday to the USA being the norm once the brexit process rather than $1.54 we have been so used to for many years.

Trade defecit to reach record levels post Brexit. No chance of a trade surplus post Brexit despite common belief among Brexiters. The economy to retract for decades to come rather than record economic growth many Brexiters forecast.

Never mind inflation and interest rates both rising to above 30% and 25% respectively under a Corbyn labour government even if the UK was still in the EU. This will most likelyhappen post Brexit even under a still tory government very soon indeed.
Yes, when the phoney Brexit limbo period finally comes to an end the Lego castle is going to come crashing down and the UK will be rogered, well and truly.
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Old 27-12-2016, 20:08
MTUK1
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Expect something closer to 54 cents in exchange for your £1 when you go on holiday to the USA being the norm once the brexit process rather than $1.54 we have been so used to for many years.

Trade defecit to reach record levels post Brexit. No chance of a trade surplus post Brexit despite common belief among Brexiters. The economy to retract for decades to come rather than record economic growth many Brexiters forecast.

Never mind inflation and interest rates both rising to above 30% and 25% respectively under a Corbyn labour government even if the UK was still in the EU. This will most likelyhappen post Brexit even under a still tory government very soon indeed.
Ridiculous post.
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Old 27-12-2016, 20:47
tiggertiny
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Expect something closer to 54 cents in exchange for your £1 when you go on holiday to the USA being the norm once the brexit process rather than $1.54 we have been so used to for many years.

Trade defecit to reach record levels post Brexit. No chance of a trade surplus post Brexit despite common belief among Brexiters. The economy to retract for decades to come rather than record economic growth many Brexiters forecast.

Never mind inflation and interest rates both rising to above 30% and 25% respectively under a Corbyn labour government even if the UK was still in the EU. This will most likelyhappen post Brexit even under a still tory government very soon indeed.
Can you identify which particular expert organsation has produced these figure or is it merely all your own work?

I know Remainers are keen on experts and think tank predictiions.

As for your last paragraph you do seem very confused.
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Old 27-12-2016, 22:19
thenetworkbabe
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The report also says France and Italy will fall outside the top 10. This just can't be correct both France and Italy are in the EU therefore they must be going to do better than the UK. China rising to the top, not in the EU. India rising not in the EU. Brasil rising not in the EU. South Korea rising not in the EU. How are all these non EU countries managing without all that help amd support the EU provides. It really is a mystery.
No its not at all. China , India, and Brasil have massive populations, moving through extensive, into intensive, growth. As they catch up with Europe, and use more of their manpower, they obviously will have bigger economies. While their wage levels are still lower, they will compete better in world trade. South Korea has a more disciplined workforce, partly thanks to culture, better education, and, partly, to conscripton, and it teaches and develops more people able to contribute to a high tech economy, than we do.

Europe''s problem is that its already grown, and there's little productivity growth, and a bigger, aging population, draining resources. The UK's chance was to become the biggest EU economy, with the biggest population in the EU, and to use the EU market as a secure economic base ,and to use Europe to reimnforce our diplomacy. Thanks to the Leave voters we will be reverting now to being an uncompetitive offshore Island, with a smaller, aging, population, stripped of its former secure market, that no one listens to internationally.
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Old 27-12-2016, 22:27
JimothyD
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This has nothing to do with Brexit. Even if we remained in the EU, we'd still be overtaken by the likes of India purely because some nations are becoming more and more developed - isn't that what we want?

Also, considering our quarterly GDP figures are never correctly predicted, how on Earth is anyone supposed to predict with any certainty that Brexit will cause specific levels of economic decline/growth? What happened to the economic collapse that was supposed to happen as a result of the 'leave' result (not of Brexit itself, but the vote - as predicted by the doom merchants)? What happened to the emergency Brexit budget?

Also, we're living through a period of immense change due to technology. No one can predict what the world will be like in 5 years time, never mind 13 or 14 years time. Technology that doesn't exist today will be everywhere then. Seriously, this remoaning needs to stop - it's making you look like bigger fools every day.
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Old 27-12-2016, 22:36
MTUK1
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No its not at all. China , India, and Brasil have massive populations, moving through extensive, into intensive, growth. As they catch up with Europe, and use more of their manpower, they obviously will have bigger economies. While their wage levels are still lower, they will compete better in world trade. South Korea has a more disciplined workforce, partly thanks to culture, better education, and, partly, to conscripton, and it teaches and develops more people able to contribute to a high tech economy, than we do.

Europe''s problem is that its already grown, and there's little productivity growth, and a bigger, aging population, draining resources. The UK's chance was to become the biggest EU economy, with the biggest population in the EU, and to use the EU market as a secure economic base ,and to use Europe to reimnforce our diplomacy. Thanks to the Leave voters we will be reverting now to being an uncompetitive offshore Island, with a smaller, aging, population, stripped of its former secure market, that no one listens to internationally.
Do you actually believe what you've written?
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Old 27-12-2016, 22:39
JimothyD
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Europe''s problem is that its already grown, and there's little productivity growth, and a bigger, aging population, draining resources. The UK's chance was to become the biggest EU economy, with the biggest population in the EU, and to use the EU market as a secure economic base ,and to use Europe to reimnforce our diplomacy. Thanks to the Leave voters we will be reverting now to being an uncompetitive offshore Island, with a smaller, aging, population, stripped of its former secure market, that no one listens to internationally.
Wow, it sounds like you really believe that. The EU doesn't give power, it usurps it. Any states unfortunate to still be in the EU in the next decade or so will have as much international clout as Iowa or South Dakota, i.e. - little to none. The French voice in international affairs has pretty much disappeared - it doesn't even control its own currency and it is well known that the EU uses Frances seat on the UN security council to exert its own influence rather than the exclusive French view.

The UK will probably grow faster once it is completely out of the EU and the customs union because it will have its own self interests at heart as well as the flexibility to implement policies that directly benefit British businesses, and attract overseas investment. Brexit will ultimately lead to a rebalancing of the British economy as well, because it currently is too focused on the financial services industry. You also underestimate the infrastructure that the City of London boasts. No European cities can touch it, and won't for decades - even if there was an exodus from London (which there won't be, because they're not just here because of our EU membership).

The EU was created to contain German strength. That is no way to base the future of a successful nation like Britain. Germany was destroyed twice in the last century, it sufffered with dictatorship. Italy and Spain likewise, France was occupied by German forces for years. Smaller EU countries such as Ireland, Portugal and Greece have long histories of having little control over their own affairs (i.e. - no currency or military independence). Eastern EU countries have fallen out of one overbearing empire in to another one. Britain doesn't need to be an EU state - it has always been a globally-focused country throughout its modern history. The EU is parochial, declining and, like all empires, will eventually collapse.

Do you think Canada, Australia, Singapore, Japan and South Korea should give up hope on their future even though they live on the doorstep of a massive market that they aren't members of? Even though they are amongst the richest nations of Earth? Britain, with its expertise in financial services, home to one of the worlds most significant super cities, world leading expertise in robotics, automotive and other advanced technologies, highly integrated diplomatic, intelligence and military network that dwarfs anything that any other country in Europe, or the aforementioned independent countries have.

It's ironic - remoaners go on about leavers trying to hark back to the days of the British Empire, when it is in fact them who think we need to be part of the EU (and, in their delusion, thinking we can lead it) so we can become a global superpower again. Yes - lets build the European empire along the entire western flank of a resurgent Russia and see how that goes down - lets see how many British troops are killed in Eastern Europe then.

I'd rather Britain concentrates on its strengths to build wealth for its citizens and be a welcoming place for people from all over the world to come to study in our leading academic institutions, work in high tech industries, and work to open up trade infrastructure around the planet. The EU, with its regional, parochial, power-hungry view can continue on with its own dillusions and see where it gets them.
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