Project Fear has become Project Reality

[sasguru]

The facts:

1. Sharp slowdown in growth. From being one of the fastest growing G7 economies last year, we are now the slowest, slower than Greece or Italy.
2. Sharp rise in inflation
3. 1st quarterly fall in house prices since 2009.

All this in a period when the economic cycle world-wide is on the up.

All these facts are easily googleable.

[DimPrawn]

I was pass on this devastating news to my butler. Hope he doesn't take it too hard.

[Pip in a Poke]

The facts:

1. Sharp slowdown in growth. From being one of the fastest growing G7 economies last year, we are now the slowest, slower than Greece or Italy.
2. Sharp rise in inflation
3. 1st quarterly fall in house prices since 2009.

All this in a period when the economic cycle world-wide is on the up.

All these facts are easily googleable.

I'd like a link to an objective source for 1) because I don't believe that.

[OwlHoot]

God, the Remainer barrage is relentless. It's like being in the trenches but with less chance of dying (except of boredom).

[MarillionFan]

The facts:

1. Sharp slowdown in growth. From being one of the fastest growing G7 economies last year, we are now the slowest, slower than Greece or Italy.
2. Sharp rise in inflation
3. 1st quarterly fall in house prices since 2009.

All this in a period when the economic cycle world-wide is on the up.

All these facts are easily googleable.

House prices are not dropping quick enough. I voted Brexit to watch the housing market crash & burn so I could buy a big pile in the country for half the price. When will it happen??

[MrMarkyMark]

House prices are not dropping quick enough. I voted Brexit to watch the housing market crash & burn so I could buy a big pile in the country for half the price. When will it happen??

Quite happy, let em drop slow whilst I liquidate the company, go travelling, with a bit of lucrative work on the way, then return to pick up a bargain.

Largely for cash, obviously

[OwlHoot]

House prices are not dropping quick enough. I voted Brexit to watch the housing market crash & burn so I could buy a big pile in the country for half the price. When will it happen??

You may have missed the boat. I sold my Kensington flat and did just that right at the peak in 2014

(although I have to admit it's a sod to commute from Devon half way across the country each week).

[TheGreenBastard]

The facts:

1. Sharp slowdown in growth. From being one of the fastest growing G7 economies last year, we are now the slowest, slower than Greece or Italy.
2. Sharp rise in inflation
3. 1st quarterly fall in house prices since 2009.

All this in a period when the economic cycle world-wide is on the up.

All these facts are easily googleable.

The growth for the quarter mirrors 2016: https://www.ons.gov.uk/economy/gross...imeseries/ihyq

You're making a false equivalence of growth for a quarter vs. growth for an entire year.

[sasguru]

The growth for the quarter mirrors 2016: https://www.ons.gov.uk/economy/gross...imeseries/ihyq

You're making a false equivalence of growth for a quarter vs. growth for an entire year.

The difference is last year no one grew much in the 1st quarter. This year everyone's grown more than us. Even the best estimates don't have us much more than 1.2% for the year. I predict it will be under 1% as inflation bites spending will fall.

[sasguru]

I'd like a link to an objective source for 1) because I don't believe that.

Look it up pip.