The EU debate - Part III
- Thread starter Jürgenmeiʃter
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I predicted no financial Armageddon, as you call it. I predicted that the vote would damage the U.K. Economy. It has, and will continue to do so.
As to timing, these things are notoriously difficult to predict accurately due to the lag effect. But I have little doubt at this time that the effects will not be felt more sharply next year.
It's OK Spain, Stan will be along in a minute and you can alI get back to insulting Hull.
But I've just explained that the UK will have the faster growing economy of all of the G7 countries in 2016, so hardly a impact yet. Cue, the £ has tanked comments, even though the reality is that costs have largely remained favourable in 2016.
The "hard to predict" is a cop out Spain and you are just following the herd with your predictions. For what it's worth, I believe inflation will start to rise and this will have a knock on effect. How hard and how long is currently open to interpretation, and I have never claimed to have any financial background.
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Well **** off then. If you're going to insult posters, expect to get some back.
Days after the vote, he was wandering around with 'end is nigh'placard and pointing at all the signs of imminent catastrophe. His predictions moved from days, to after the weekend, to months and now years.
When his expertise in his specialist subject has been found so wanting, all he has left is daft insults and feeble claims on other peoples motives.
He'd be better facing the reality of his failure and joining in the conversation rather than preaching, but he lacks the maturity and character for that.
Sorry, but that's rubbish!
The hard to predict is just a fact. The lag effect is notoriously dificult to judge. Given a certain set of economic factors and no predictable changes, it fairly easy to predict the future outcome. The timing, less so.
It's your crowing about the U.K. Economy that's a cop out. The hit is coming. And the fact remains that however well the economy may be doing at this time, it would be doubt even better without the Brexit vote.
Therefore, the economy has suffered.
More fantasy bollocks from you, Dull. You spend half your life on here talking absolute bollocks about things you know **** all about.
You're found out and wanting on every subject that you try to lecture about on here.
Your limited intellect, and overinflated ego, leads you to think that you're clever. Whereas the rest of us, apart from those two intellectual titans, Kustard and Tubby, can see straight through you.
"When his expertise in his specialist subject has been found so wanting, all he has left is daft insults and feeble claims on other peoples motives."
See.
I'm not crowing about anything you idiot, I deal in facts not some fanciful hope and belief. You have no idea how the economy would be doing if a remain vote had been the case. Many of the so called experts were forecasting some challenging times ahead and we will never know what effect that may or may not have had. (In fact the OBR was forecasting a 2.2% growth in 2016, now it's closer to 3%)
Perhaps it would help if you did not keep posting your opinions as facts. Your constant blustering around lag effects is becoming embarrassing. Perhaps, given your years in the City, give us all something we don't know. Even little old me, with no financial experience, managed to make a few quid out of the currency dip.
Prove that anything I have said today, around the economy, is not true?
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Oh so now you want get rude, havIng accused me if it! Mr. ****wit!?
You clearly no nothing about econonics or economic forecasting. But, like Dull, you think you're an expert! It is fairly simple to forecast accurately that the economy would be in far better shape without the Brexit vote. The FACTS are that the economy has slowed, growth has dropped, as has our currency - by some 15%. Or hadn't you noticed?? Growth in Q2 was 0.7% in Q3 0.5%. That's higher than expected, but again the lag is slower than forecast. Nevertheless, it's still a drop.
Before you prattle on about the lag effect being nonsense, why don't you look it up? Or, like Dull, you expect somebody to do it for you? Again, you clearly know **** all!!
Prove anything I've said around the economy isn't true!...,
And, yes, I made money from it too!...
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What absolute bollocks.
The EU collective economy is growing. The growth forecasts for next year are the the same as the predictions for the UK. The pre Brexit economic forecast for the UK for 2017 was for 2%+ growth, so you're attempting to re write history to suit your bullshit agenda.
The U.K. is excluded from Eurozone bailouts in any case you buffoon.
Nuggets from likes of Sunderland, Hull and Barnsley didn't vote out, due to some imagined economic potential future burden you bogus ****e. They voted out off the back of right wing media lies, immigration and a protest vote against the status quo. The idiots were turkeys voting for Christmas lead by Tory ****s like Rees Mogg and Boris.
It's worth reposting what the chancellor himself said.
But, of course, Brexit has had no effect on the UK economy!...
https://www.bloomberg.com/news/arti...ecast-cut-as-hammond-cites-brexit-uncertainty
But, of course, Brexit has had no effect on the UK economy!...
https://www.bloomberg.com/news/arti...ecast-cut-as-hammond-cites-brexit-uncertainty
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