This was Predicted years ago the EU would fall apart EU is a declining share of the world economy, it used to be 34 per cent and now it is 22 per cent The EURO will be trading with itself soon, race to the bottom. Gotta love a protectionist state.https://www.youtube.com/watch?v=ECoW1nnTrjo …
Pretty astonishing, all things considered...https://www.thetimes.co.uk/article/uk-growth-eclipses-ailing-eurozone-cdkrrq9cj?shareToken=bef63164de459c432345d19cbffed5c5 …
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#Westminster@HouseofCommons Why aren't the#GiletsJaunes#yellowvests protests in#France
& horrific crimes committed by #immigrants#migrants#illegals#refugees#AsylumSeekers#IslamicExtremists et al, reported in the usual way in the media
@BBCNews@skynews@itvnews
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Correct.
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The €urozone (and EU by extension), is a cloak for German hegemony. It is a means to impose their fiscal discipline across Europe, while simultaneously diluting their own national identity due to their shameful past.
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Both UK and Eurozone economies are weak. At the moment one is marginally weaker than the other. I don't think that tells us very much. Other than trade wars between the world's largest economies are A Bad Thing.
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It tells us that a large number of predictions that we were told to weigh with the seriousness of medical prognoses were a long way wide of the mark. Anyone who even doubted them was mocked as a fool or knave. It doesn't tell us more than that, true; but that's more than enough.
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I take it you are referring to predictions about the bad effects of leaving the EU. Well we haven't left yet. Let's hold back on the autopsy until a few months after we have.
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No, I'm not. I'm referring to predictions of the immediate effects of a Leave vote. I'm not sure, but I think people voted to leave a little while ago.
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I'm only really aware of predictions about leaving. Which we haven't done yet.
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Then your ignorance is your problem, not mine.https://www.theguardian.com/business/2017/jan/05/chief-economist-of-bank-of-england-admits-errors …
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I was to be fair not personally engaged with Brexit matters in the summer/autumn of 2016, as my husband had just died.
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I'm sorry to hear that.
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It’s a pretty silly headline. UK growth down from .6 to .3
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Yes & it's still higher than Germany
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It’s all pretty much margin of error stuff. You never really get exact figure. A recession is due, prepare & protect.
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Not that astounding. The headline is a nonsense. Growth has stalled in both. Recession will follow in both.
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Not really. UK has strong fundamentals that have been weakened. Few economists think soft Brexit will be catastrophic. Eurozone exports hit by Chinese slowdown
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China isn't 'slowing down'. It's still growing nicely, just not growing at the crazy rate it used to. This doesn't account for the Eurozone heading towards negative growth (if not a technical recession).
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Chinese stats are notoriously unreliable but several analysts are worried about a hard landing.
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