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UK GDP figures out this morning

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    #21
    Originally posted by WTFH View Post
    Or, to put it another way, it's 3x the UK growth.
    Try looking at UK GDP in real money terms.

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      #22
      Originally posted by northernladyuk View Post
      Try looking at UK GDP in real money terms.

      Debt fuelled growth is not growth. Certainly when it's just recapitalising the financial system...

      http://www.cih.org/news-article/disp...housing_market

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        #23
        Originally posted by PurpleGorilla View Post
        Debt fuelled growth is not growth. Certainly when it's just recapitalising the financial system...
        I expect debt to GDP to increase as a result of Brexit.
        It's beginning to fall for all other EU members.
        Hard Brexit now!
        #prayfornodeal

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          #24
          Originally posted by sasguru View Post
          I expect debt to GDP to increase as a result of Brexit.
          It's beginning to fall for all other EU members.
          The great news is that debt is falling in USD terms.

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            #25
            Consumers run out of steam

            Doesn't look good. What little growth is there is due to momentum that built up before the Brexit vote. In other words the referendum took place within the context of a good strong economy and rather like a free wheeling bicycle is now slowing down.
            I'm alright Jack

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              #26
              UK to emulate N. Korea

              Brexit could leave a third of food and drink sector unviable as EU workers flee Britain, firms warn
              Britain should focus on buying smart uniforms for its armed services, get them to march up and down Trafalgar Square and fire ballistic missiles into the 12 mile limit to demonstrate its sovereignty.
              Last edited by BlasterBates; 24 August 2017, 11:32.
              I'm alright Jack

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                #27
                Originally posted by BlasterBates View Post
                Consumers run out of steam

                Doesn't look good. What little growth is there is due to momentum that built up before the Brexit vote. In other words the referendum took place within the context of a good strong economy and rather like a free wheeling bicycle is now slowing down.
                Germany manages very well without large consumer spending.

                The UK should have to learn to do the same.

                However, any sign of weakness and there will be more QE. When the bubble eventually bursts(next generation) it will be life changing.

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                  #28
                  Originally posted by BlasterBates View Post
                  Brexit could leave a third of food and drink sector unviable as EU workers flee Britain, firms warn
                  Benefits will be cut.

                  HTH

                  Comment


                    #29
                    Originally posted by WTFH View Post
                    Or, to put it another way, it's 3x the UK growth.
                    Probably caused by the fear of an impending Corbyn government...
                    His heart is in the right place - shame we can't say the same about his brain...

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                      #30
                      Originally posted by Mordac View Post
                      Probably caused by the fear of an impending Corbyn government...
                      Why would there be a Corbyn government? The current government is doing such a good job!
                      …Maybe we ain’t that young anymore

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