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Post EU Referendum

Post EU Referendum

Old Nov 22nd 2017, 9:24 pm
  #24226  
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Default Re: Post EU Referendum

Originally Posted by DaveLovesDee View Post

But of course Merkel/Germany doesn't run the EU, and the UK has decided to try to mplode it's EU status.
The Tories will fail at that too. Or perhaps not when the UK joins EFTA.
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Old Nov 22nd 2017, 9:27 pm
  #24227  
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Default Re: Post EU Referendum

Originally Posted by Novocastrian View Post
The Tories will fail at that too. Or perhaps not when the UK joins EFTA.
That'll be a matter for the 2nd referendum
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Old Nov 23rd 2017, 7:32 am
  #24228  
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Default Re: Post EU Referendum

Reality is finally being unveiled.

Brexit Britain slashes growth forecast.

The sharp downgrades underscore the difficult economic conditions under which Britain will depart the European Union, where growth is forecast to hit 2.3% in 2017 and 2.1% in 2018.

Britain was until recently one of the strongest economies in the EU. But with growth forecast not to recover until 2021, the country will likely lag many other advanced economies, including the United States, for years.
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Old Nov 23rd 2017, 8:40 am
  #24229  
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Default Re: Post EU Referendum

Originally Posted by amideislas View Post
Reality is finally being unveiled.

Brexit Britain slashes growth forecast.

The sharp downgrades underscore the difficult economic conditions under which Britain will depart the European Union, where growth is forecast to hit 2.3% in 2017 and 2.1% in 2018.

Britain was until recently one of the strongest economies in the EU. But with growth forecast not to recover until 2021, the country will likely lag many other advanced economies, including the United States, for years.
... But, for the Swivel-Eyed-Loons of the Tory party, it's.........
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Old Nov 23rd 2017, 8:53 am
  #24230  
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Default Re: Post EU Referendum

Originally Posted by amideislas View Post
Britain was until recently one of the strongest economies in the EU. But with growth forecast not to recover until 2021, the country will likely lag many other advanced economies, including the United States, for years.[/I]
That's good though, isn't it?

We've heard a lot about people in the UK being left behind, so if the economy slows down, it'll give them a chance to catch up.
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Old Nov 23rd 2017, 9:22 am
  #24231  
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Default Re: Post EU Referendum

Originally Posted by Red Eric View Post
That's good though, isn't it?

We've heard a lot about people in the UK being left behind, so if the economy slows down, it'll give them a chance to catch up.
😂😂😂
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Old Nov 23rd 2017, 10:13 am
  #24232  
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Default Re: Post EU Referendum

Originally Posted by amideislas View Post
Yeah, well, probably the single most popular chancellor in postwar Germany, presiding over perhaps the single largest economic expansion in post-war history, highly respected as a first-rate stateswoman and diplomat, and a record as clean as they come...

If it comes to her demise (iffy), then I'd just chalk it up to all good things eventually ending. Like, say, Britain's stature in the global pecking order. Wholly unnecessary, but people wanted "change". Well, here it comes...
I don't share this positive view of Merkel. I think she is morally repugnant, uninspiring, and hopefully gone soon. The only thing she is good at is leaving German companies alone so that they can do what they do best, and to knife down any of her potential successor.
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Old Nov 23rd 2017, 10:31 am
  #24233  
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Default Re: Post EU Referendum

Originally Posted by Red Eric View Post
That's good though, isn't it?

We've heard a lot about people in the UK being left behind, so if the economy slows down, it'll give them a chance to catch up.
Many a true word spoken in jest
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Old Nov 23rd 2017, 1:26 pm
  #24234  
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Default Re: Post EU Referendum

Originally Posted by Garbatellamike View Post
Many a true word spoken in jest
... Can I please suggest some quiet reading...
UK economy faces 'longest fall in living standards in 60 years' - BBC News
Then
go to the IFS site & take in their data. It looks very grim indeed. Oh yes, and does anyone know where all those Clever B****** who've repeatedly told us this couldn't possibly happen have suddenly disappeared to...??? Now the DEPRESSION begins.

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Old Nov 23rd 2017, 1:30 pm
  #24235  
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Default Re: Post EU Referendum

Originally Posted by 007Steve View Post
... Can I please suggest some quiet reading...
UK economy faces 'longest fall in living standards in 60 years' - BBC News
Then
go to the IFS site & take in their data. It looks very grim indeed. Oh yes, and does anyone know where all those Clever B****** who've repeatedly told us this couldn't possibly happen have suddenly disappeared to...??? Now the DEPRESSION begins.

I'm so depressed I have a pain in all the diodes down my left hand side
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Old Nov 23rd 2017, 1:50 pm
  #24236  
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Default Re: Post EU Referendum

Originally Posted by Garbatellamike View Post
I'm so depressed I have a pain in all the diodes down my left hand side
My sympathies to your diodes Garbatellamike , but my point is that if this data is anywhere near accurate (and usually the IFS isn't too far out) people will have the purchasing power of 1950's wages in a 2017- 2022 market place. This is the Master Recovery Plan?!?!? Pardon me.... I'll just take some more therapy..... ... No, still hurts and makes no sense.
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Old Nov 23rd 2017, 1:54 pm
  #24237  
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Default Re: Post EU Referendum

Originally Posted by Garbatellamike View Post
Many a true word spoken in jest
Indeed. Revenge of the disenfranchised, you could say.
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Old Nov 23rd 2017, 2:06 pm
  #24238  
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Default Re: Post EU Referendum

Originally Posted by Shard View Post
Indeed. Revenge of the disenfranchised, you could say.
That, apparently, is indeed the attitude amongst the older, less well educated, less well off - the 'left behind' - who made up much of the leave vote.

Who gives a shit if the country goes down the pan. It's where we are - come and join us.
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Old Nov 23rd 2017, 2:10 pm
  #24239  
 
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Default Re: Post EU Referendum

Originally Posted by Red Eric View Post
That's good though, isn't it?

We've heard a lot about people in the UK being left behind, so if the economy slows down, it'll give them a chance to catch up.
Should help with all those traffic jams, too, if people can't afford cars.

See? You just have to think positively.
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Old Nov 23rd 2017, 2:22 pm
  #24240  
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Default Re: Post EU Referendum

Originally Posted by Shard View Post
Indeed. Revenge of the disenfranchised, you could say.
Yep I thinks that's probably right.

I tend to think that he Baby Boomers have broken the international system and that, therefore, the coming generation will be significantly poorer than the current generation and there are going to be some real tensions because of that fact.

The future has been mortgaged and there doesn't appear to be a way out in sight.
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