Brexit related recession?

[sidicks]

///ajd said:

I think the main thing is you called other people idiots and berated their lack of insight that you - clearly brilliantly in your own opinion - have on structural deficits and cycles and lag etc.

Meanwhile you post the value of the structural deficit incorrectly by almost an order of magnitude.

Yes, I made a careless mistake which I subsequently corrected. The point I was making regarding the impact of a deficit on the debt incurred is unaffected.

///ajd said:

This does not imply a deep and rigorous understanding of the topic; quite the opposite.

A careless mistake that did not affect the point being made. As above, the fact that the person I was arguing against did not challenge this error proved my point - he didn't have the basic understanding of the subject under discussion. The fact that you tried to support him demonstrates your eagerness to disagree with me rather than discuss the issue in hand.

[MarshPhantom]

Sainsbury's profits down 8.2%, I'm sure this must be completely Brexit unrelated.

www.independent.co.uk/news/business/news/sainsbury...

[andymadmak]

s2art said:

Tryke3 said:

We are about 30 years too late. Name me one country that is eager to buy our overpriced goods . Most of the world can't afford the luxury goods that we make, the people who can afford it are just right over the channel

Talking about growth things kooky pretty damn rosy in the EU

You are living in the past. China, for one, buys a lot of our up market goods. They are very keen on luxury brands.

I spend a lot of time in China. I agree with you s2art.

[FN2TypeR]

MarshPhantom said:

Sainsbury's profits down 8.2%, I'm sure this must be completely Brexit unrelated.

www.independent.co.uk/news/business/news/sainsbury...

Construction PMI figures up, supermarket sales rising at their fastest rate in three and a half years, both reported today along with factory output rising well being reported yesterday, the pound is also remaining steady as she goes despite all the carry ons between May and Juncker.

Nothing to say on the subject? Just tid bits of negative information to post? Or is your modus operandi to just choose little bits of info here and there that you think support your views rather than looking at the bigger picture and trends over time?

Well blow me down!

Edited by FN2TypeR on Wednesday 3rd May 10:33

[768]

MarshPhantom said:

Sainsbury's profits down 8.2%, I'm sure this must be completely Brexit unrelated.

www.independent.co.uk/news/business/news/sainsbury...

Well done Brexit then.

Down 8% from down 14% last year is a great turnaround.

https://www.theguardian.com/business/2016/may/04/s...

[johnxjsc1985]

768 said:

Well done Brexit then.

Down 8% from down 14% last year is a great turnaround.

https://www.theguardian.com/business/2016/may/04/s...

only quickly looked at the reports but one says sales down 1.1% the other 0.6%. Before Brexit it was so much better when Sales and Profits increased year on year for all the big companies or maybe they had fluctuations in sales and profits depending on many different market forces..

[loafer123]

johnxjsc1985 said:

only quickly looked at the reports but one says sales down 1.1% the other 0.6%. Before Brexit it was so much better when Sales and Profits increased year on year for all the big companies or maybe they had fluctuations in sales and profits depending on many different market forces..

Not sure the major supermarket share prices agree with you...

[768]

Damn you Brexit with your Waitrose, Lidl and Aldi.

[MarshPhantom]

New car registrations down 20% in April. Blamed on changes to the new vehicle taxation system but it doesn't look good.

www.motoringresearch.com/car-news/car-registration...

[Murph7355]

MarshPhantom said:

New car registrations down 20% in April. Blamed on changes to the new vehicle taxation system but it doesn't look good.

www.motoringresearch.com/car-news/car-registration...

The new taxation system doesn't look good? I totally concur.

(Not sure why you dropped this in a Brexit thread though?)

[Alpinestars]

768 said:

Damn you Brexit with your Waitrose, Lidl and Aldi.

What are you trying to demonstrate?

[oyster]

This is one of the most stupid threads I've seen on here in a while.

And populated mostly by posters with less economic expertise and appreciation than Gordon Brown.



Supermarket sales up by £ does not equate to an improvement at all. If their costs rise by say 10% but their sales rise 2%, that is a BAD result, not a good one.

That's just one moronic argument on this thread - there are many others, both pro and anti-Brexit.

[B'stard Child]

oyster said:

This is one of the most stupid threads I've seen on here in a while.

And populated mostly by posters with less economic expertise and appreciation than Gordon Brown.

<snip>

That's just one moronic argument on this thread - there are many others, both pro and anti-Brexit.

I agree - it's not like Marshphantom hasn't got previous for starting threads where other suitable ones exist and promoting his own anti brexit - anti tory agenda discussion points.

[jjlynn27]

Alpinestars said:

768 said:

Damn you Brexit with your Waitrose, Lidl and Aldi.

What are you trying to demonstrate?

Catch up. The big, beautiful numbers and percentages. You see, the positive numbers mean that there is no recession.
What else could supermarket share results mean? From May of 2016.

[768]

Alpinestars said:

What are you trying to demonstrate?

Sainsburys making a little less profit is as likely from other supermarkets increasing their market share, as they have been since before Brexit, as anything else.

[///ajd]

jjlynn27 said:

Alpinestars said:

768 said:

Damn you Brexit with your Waitrose, Lidl and Aldi.

What are you trying to demonstrate?

Catch up. The big, beautiful numbers and percentages. You see, the positive numbers mean that there is no recession.
What else could supermarket share results mean? From May of 2016.

Does it also show more people going to bargain supermarkets like Aldi and Lidl as they are poorer and have less money to spend.

What next - woohoo - celebrate - brexit boosts massive growth in ........ foodbanks?

[768]

It's from before Brexit, when we were still fully bought into your EUtopia.

[Alpinestars]

768 said:

Alpinestars said:

What are you trying to demonstrate?

Sainsburys making a little less profit is as likely from other supermarkets increasing their market share, as they have been since before Brexit, as anything else.

Thanks.

Total spend is up. Total spend is a function of volume multiplied by price. An equally rational explanation of the total result is that prices have gone up (perhaps due to Brexit), and perhaps, as a result demand has come down, with the two broadly balancing each other.

Individual outlets' results will also be a mix of volume and price. Until you have that information, I'm not sure you can draw any irrefutable conclusion.

[MG CHRIS]

MarshPhantom said:

New car registrations down 20% in April. Blamed on changes to the new vehicle taxation system but it doesn't look good.

www.motoringresearch.com/car-news/car-registration...

Wasn't march though a record month for car sales though can't think why. Oh yea tax changes in April and you then think the downside in April is down to brexit really what was the reason of the record march in your opinion.

[MarshPhantom]

B'stard Child said:

oyster said:

This is one of the most stupid threads I've seen on here in a while.

And populated mostly by posters with less economic expertise and appreciation than Gordon Brown.

<snip>

That's just one moronic argument on this thread - there are many others, both pro and anti-Brexit.

I agree - it's not like Marshphantom hasn't got previous for starting threads where other suitable ones exist and promoting his own anti brexit - anti tory agenda discussion points.

Next down the toilet too.