Uk final quarter gdp beats forecasts Uk final quarter gdp beats forecasts - Page 2
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  1. #11

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    Quote Originally Posted by The_Equalizer View Post
    What about the EU? They, of course, aren't printing money. While we're about it, how much of your pot do you have in Euros? Just so we know.
    The EU are growing too, with Spain and some Estern European countries being the stellar performers :

    http://ec.europa.eu/eurostat/documen...1-12bf2027e3ad

    I have a modest pot in Euros, rather more in dollars and CHF.
    Hard Brexit now!
    #prayfornodeal

  2. #12

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    Quote Originally Posted by The_Equalizer View Post
    We only accept Sterling here old boy.
    That's good, I have rather more than I would otherwise had due to pre-referendum planning.
    Hard Brexit now!
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  3. #13

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    UK growth due to unsustainable consumer spending spree

    "The economy’s brisk growth at the end of 2016 has all the hallmarks of being driven by an unsustainable consumer spending spree,” said Samuel Tombs, an economist at Capital Economics in London.
    I'm alright Jack

  4. #14

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    Quote Originally Posted by BlasterBates View Post
    I had to laugh at the URL you posted:

    https://www.bloomberg.com/news/articles/2017-01-26/u-k-economy-dismisses-brexit-threat-as-growth-beats-forecasts

  5. #15

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    Quote Originally Posted by The_Equalizer View Post
    I had to laugh at the URL you posted:

    https://www.bloomberg.com/news/articles/2017-01-26/u-k-economy-dismisses-brexit-threat-as-growth-beats-forecasts
    yeah you can read the headline but you caught the message, about the reason being the unsustainable consumer boom.

    the latest data show that it remains overly reliant on one sector

    I'm alright Jack

  6. #16

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    Interestingly the sharp drop in the pound hasn't led to any appreciable improvement of export performance, probably because supply chains are so complex and cross border nowadays that constituent parts and sub-assemblies have also become more expensive.
    So the argument that the fall in the pound would make up for tariffs seems to be nonsense.
    And I do hope all these potential non-EU trade agreements being bandied around are mainly services based since that is > 80% of the economy.
    Oh wait, they're not are they?
    Hard Brexit now!
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  7. #17

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    "It's the wrong type of growth".

    It's always the wrong type of growth.

    Severe shock scenario, anyone?

  8. #18

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    It's the wrong type of denial.

  9. #19

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    Quote Originally Posted by jamesbrown View Post


    "It's the wrong type of growth".

    It's always the wrong type of growth.

    Severe shock scenario, anyone?
    Coming up. Postponed by central bank action post referendum. Or did you forget that minor detail?
    Hard Brexit now!
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  10. #20

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    Last edited by BlasterBates; 26th January 2017 at 11:49.
    I'm alright Jack

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