The Aftermath of the UK Nearly 2 years After the Vote

[ApusApus]

Make what you will of this article .................. & before anybody states the obvious, I am sure someone, somewhere could produce a similar one with the opposite analysis!

https://www.msn.com/en-gb/money/news/th ... spartandhp


Shane

[Firefly]

Shane

I'm sure there will be posters who would like this to be kept quiet

Jackie

[Jimgward]

Well, a simple search on google, brought up;

UK GDP beats forecasts but growth remains uneven
ONS puts quarterly growth at 0.5% but warns annual pace is slowest since 2012

Richard Partington
Fri 26 Jan 2018 10.32 GMT First published on Fri 26 Jan 2018 09.38 GMT
View more sharing options This article is over 2 months old

Weaker consumer spending held back growth. Photograph: Dominic Lipinski/PA
The British economy grew at a faster rate than expected in the final three months of 2017, despite pockets of weaker and more uneven growth triggered by the Brexit vote.

GDP grew by 0.5% in the fourth quarter after expansion of 0.4% in the previous three months, according to the Office for National Statistics (ONS). City economists had forecast growth of 0.4%.

So, I cant see how this all equates to the figures in the article.... so I’m calling bull on it....

Without a doub’t the doom and gloom isn’t as bad as predicted, but try telling teachers or nurses, who are probably 15% in real terms behind where they were 10 years ago, that the future is bright!

As to the result of Brexit, we don’t know the outcome yet. The pound is still floundering. The stock market is largely related to the USA. Exports are doing ok, but with a weak pound, they’re now declining due to higher cost of materials. Add to this, average prices in the UK are growing at an ever increasing rate. Maybe not all brexit, but we are way behind forecasts for growth by Cameron and May’s governments.

[Firefly]

Jim

Surely forecasts mean nothing for certain, rather educated guesses, but we shall see.

Jackie

[ApusApus]

As I said "I am sure someone, somewhere could produce a similar one with the opposite analysis!" and guess what, it had to be you know who!


Shane

[Devil]

Jim

Surely forecasts mean nothing for certain, rather uneducated guesses, but we shall see.

Jackie

[ApusApus]

Not necessarily so Devil, I can forecast with a high degree of certainty what my expenditure will be for 2019 even though many of my expenses are variable! In any case, what is clear is that the UK is not walking off the edge of a cliff as was forecast by many!


Shane

[Jimgward]

As I said "I am sure someone, somewhere could produce a similar one with the opposite analysis!" and guess what, it had to be you know who!


Shane

Shane, if you read what I posted, it’s nowhere near the opposite, but it does call s*** on the original articles wrongs.... i actually say its not all doom and gloom, but I think a single author not in the MSM, has to be questioned.

[ApusApus]

I did & maybe "opposite" was the wrong choice , how does "alternative view" sound? Anyway, I agree the author is questionable but he wrote this in The Wall Street Journal & he is a columnist in The Daily Telegraph so maybe he's not good enough to make the MSM list, who knows!


Shane

[Dominic]

Given that Brexit hasn't actually happened yet, isn't this all a bit irrelevent? Until Brexit occurs, we haven't reached a cliff we either fall off or zoom off into the skies.

[ApusApus]

Quite but when we do actually reach the B****T cut off point we will never see the proverbial cliff edge as foretold by many including a few on here!


Shane

[Dominic]

How can you say that? We don't even know what Brexit will be yet?

[ApusApus]

Trust me ........ time will tell!


Shane

[Dominic]

Ok so how will the NI border be resolved? What does your crystal ball tell us?

[ApusApus]

I already answered that Dominic!


Shane

[Dominic]

Where? Saying "time will tell" is not an answer.

[Jimgward]

At this stage, as Dominic says, we dont know and there could be a pit or a trampoline at the end. Nobody has said it would be a cliff with no recovery, they have said it could be very gloomy indeed. Some might say we will do great, with positive everything. We shall see.

At this stage, nothing looks certain, indeed, as Dominic says, the NI situation could bring down may’s government, since she relies on the DUP who are as fickle and self-serving a political party as yu could imagine. They would hurt the UK, if they felt their own position was endangered in any way.

[WHL]

It reminds me a bit of people saying that planes would fall out of the Skys, computers would shut down etc etc at the stroke of midnight 2000....life will go on folks relax it aint the end of the World.

[Firefly]

Devil

Please do not alter my post to suit yourself, rather say what YOU have to say.

Jackie

[Devil]

Devil

Please do not alter my post to suit yourself, rather say what YOU have to say.

Jackie

I would have thought that anyone with just a microgram of nous would have realised from the context, colour and typeface of my brief intervention that your original quotation had been altered. I apologise if you find that that means of riposte has offended your sensitive soul.