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Thread: OT. The futures Bright, the Futures Brexit!!!

  1. #391
    Join Date
    Jan 2015
    Posts
    4,651
    anagram Just looked up official Uk Economic growth figures.from 1955-2016. the average yearly growth figure is 0.6% and in 1974 it was minus 2.7%. 2013 0/8%. 2014 0.8% 2015 0.4% so if they have forecast 0.6 for 2017 that's about average Think we all know civil servants forecasts are poor Even Osbourne the borrower found £20billion last year because the treasury forecast was wrong So its not all Brexit is it

  2. #392
    Join Date
    Jan 2006
    Posts
    22,831
    Exports are up due to the weaker pound! Shock horror there the foundation of a better economy!!!!

    "Ohhhhh but I don't get as much for my money on holiday" quote brainless masses 2016.....

  3. #393
    Join Date
    Jun 2016
    Posts
    15,568
    Take your point Mista but The Independent today suggests that our economy is contracting at its 'steepest rate' since 2009.

  4. #394
    Join Date
    Jun 2016
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    15,568
    Take your point Mista but The Independent today suggests that our economy is contracting at its 'steepest rate' since 2009.

    Bit patronising Rats...obviously a weaker pound is good for exports...equally you don't have to be one of the 'brainless masses' to be a tad disappointed that summer holidays are suddenly more expensive.

  5. #395
    Join Date
    Apr 2009
    Posts
    21,629
    Quote Originally Posted by Rattea View Post
    Exports are up due to the weaker pound! Shock horror there the foundation of a better economy!!!!

    "Ohhhhh but I don't get as much for my money on holiday" quote brainless masses 2016.....

    Imports more expensive would suggest not? If we export more than we import then a happy country....but we dont!

    I do despair at the prominence given to "research" which suggests that business confidence is down, self perpetuating if you ask me, but then they always "adjust" the figures a few months later anyway, its all a bit wishy washy rather like Rat and his forecasts!!

  6. #396
    Join Date
    Apr 2009
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    21,629
    105 posts to go!!

  7. #397
    Join Date
    Jan 2014
    Posts
    1,423
    Are these three same 'experts'that told us we were having a double dip recession, when there wasn't even a single one, a few years ago. Or maybe the forecasters were the same ones that told us that we were doing it all wrong and were heading for recession, only to admit that they were completely wrong.

    These 'experts' are useless and dangerous, as they cause loss of confidence which then drags down the economy, damaging normal people's lives.

  8. #398
    Join Date
    Mar 2012
    Posts
    4,783
    They seem to be skiing backwards on a few things.. Wonder if all the lies were on one side.
    It would be interesting to see what the vote would be now though. I have friends who were massively in favour of staying in but now have swayed and also visa versa.
    I see the French have agreed to keep our border in France. Another fact that was infact just a worry.
    I heard an 'expert' yesterday saying the housing market was n chaos... Turned the station over and another guy was saying it was still buoyant.
    The reality is they are only experts to suit their own agenda.

  9. #399
    Join Date
    Jan 2015
    Posts
    4,651
    Anag Yes I've just read the Independent. They also say the FTSE100 is up 30.6 points so there is a contradiction somewhere

  10. #400
    Join Date
    Jan 2015
    Posts
    4,651
    Angry You are right lies on both sides Remember Osbourne telling us pensioners bus passes and TV licenses to go Interest rates at12% adding £2,500 a year. to the average mortgage How every household would be £4,300 worse of He had to. retract because the Treasury told him they were all untrue but he had set the seeds that he intended to do

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