Brexit - was it worth it? (Vol. 2)
Discussion
loafer123 said:
sisu said:
That just illustrated how fast the emerging markets are predicted to grow. No question about that and the aging and decline of G7 countries which the UK is a part of. If you were Turkish you would be buoyant over the 3.5% predicted growth.
To be fair, given the size of our country and population, I am delighted that we remain top 10 under those forecasts.If anything it shows how effective we are as an economy.
I also think that China will substantially undershoot in the long term - did you hear that their house prices are twice the income multiple ours are? Scary stuff.
crankedup said:
loafer123 said:
sisu said:
That just illustrated how fast the emerging markets are predicted to grow. No question about that and the aging and decline of G7 countries which the UK is a part of. If you were Turkish you would be buoyant over the 3.5% predicted growth.
To be fair, given the size of our country and population, I am delighted that we remain top 10 under those forecasts.If anything it shows how effective we are as an economy.
I also think that China will substantially undershoot in the long term - did you hear that their house prices are twice the income multiple ours are? Scary stuff.
With annual output of £192 billion the UK is the 9th largest manufacturing nation in the world (2019/20, Santander / Make UK analysis).
turbobloke said:
crankedup said:
loafer123 said:
sisu said:
That just illustrated how fast the emerging markets are predicted to grow. No question about that and the aging and decline of G7 countries which the UK is a part of. If you were Turkish you would be buoyant over the 3.5% predicted growth.
To be fair, given the size of our country and population, I am delighted that we remain top 10 under those forecasts.If anything it shows how effective we are as an economy.
I also think that China will substantially undershoot in the long term - did you hear that their house prices are twice the income multiple ours are? Scary stuff.
With annual output of £192 billion the UK is the 9th largest manufacturing nation in the world (2019/20, Santander / Make UK analysis).
We're world leaders at specialist, high value manufacturing - and also efficient automotive production. Of course, there's lots of other sub-sectors we have businesses engaged in, but they're generally small beans in comparison even aggregated.
Both have much fewer workers than the old days, so a smaller percentage of the population are "factory workers".
Sway said:
turbobloke said:
crankedup said:
loafer123 said:
sisu said:
That just illustrated how fast the emerging markets are predicted to grow. No question about that and the aging and decline of G7 countries which the UK is a part of. If you were Turkish you would be buoyant over the 3.5% predicted growth.
To be fair, given the size of our country and population, I am delighted that we remain top 10 under those forecasts.If anything it shows how effective we are as an economy.
I also think that China will substantially undershoot in the long term - did you hear that their house prices are twice the income multiple ours are? Scary stuff.
With annual output of £192 billion the UK is the 9th largest manufacturing nation in the world (2019/20, Santander / Make UK analysis).
We're world leaders at specialist, high value manufacturing - and also efficient automotive production. Of course, there's lots of other sub-sectors we have businesses engaged in, but they're generally small beans in comparison even aggregated.
Both have much fewer workers than the old days, so a smaller percentage of the population are "factory workers".
turbobloke said:
Sway said:
turbobloke said:
crankedup said:
loafer123 said:
sisu said:
That just illustrated how fast the emerging markets are predicted to grow. No question about that and the aging and decline of G7 countries which the UK is a part of. If you were Turkish you would be buoyant over the 3.5% predicted growth.
To be fair, given the size of our country and population, I am delighted that we remain top 10 under those forecasts.If anything it shows how effective we are as an economy.
I also think that China will substantially undershoot in the long term - did you hear that their house prices are twice the income multiple ours are? Scary stuff.
With annual output of £192 billion the UK is the 9th largest manufacturing nation in the world (2019/20, Santander / Make UK analysis).
We're world leaders at specialist, high value manufacturing - and also efficient automotive production. Of course, there's lots of other sub-sectors we have businesses engaged in, but they're generally small beans in comparison even aggregated.
Both have much fewer workers than the old days, so a smaller percentage of the population are "factory workers".
Fittster said:
Petrol was £1.09 lt June 2016. loafer123 said:
To be fair, given the size of our country and population, I am delighted that we remain top 10 under those forecasts.
If anything it shows how effective we are as an economy.
I also think that China will substantially undershoot in the long term - did you hear that their house prices are twice the income multiple ours are? Scary stuff.
I think this is a bit like saying the Earth is the 5th biggest planet in the solar system, or the biggest rocky planet. If anything it shows how effective we are as an economy.
I also think that China will substantially undershoot in the long term - did you hear that their house prices are twice the income multiple ours are? Scary stuff.
It is up there on the league table, but in reality it is dwarfed by the largest.
California’s economy is the same size as that of the entire U.K. The EU economy is 6x larger than the U.K. economy.
The U.K. has left a heavyweight bloc and become one of the larger single economies in the world, but which is still small enough to be the rule taking football player by bigger competitors.
Iminquarantine said:
I think this is a bit like saying the Earth is the 5th biggest planet in the solar system, or the biggest rocky planet.
It is up there on the league table, but in reality it is dwarfed by the largest.
California’s economy is the same size as that of the entire U.K. The EU economy is 6x larger than the U.K. economy.
The U.K. has left a heavyweight bloc and become one of the larger single economies in the world, but which is still small enough to be the rule taking football player by bigger competitors.
I didn’t know the EU was a country / clearly the plan and the desire for remainders. It is up there on the league table, but in reality it is dwarfed by the largest.
California’s economy is the same size as that of the entire U.K. The EU economy is 6x larger than the U.K. economy.
The U.K. has left a heavyweight bloc and become one of the larger single economies in the world, but which is still small enough to be the rule taking football player by bigger competitors.
Welshbeef said:
Iminquarantine said:
I think this is a bit like saying the Earth is the 5th biggest planet in the solar system, or the biggest rocky planet.
It is up there on the league table, but in reality it is dwarfed by the largest.
California’s economy is the same size as that of the entire U.K. The EU economy is 6x larger than the U.K. economy.
The U.K. has left a heavyweight bloc and become one of the larger single economies in the world, but which is still small enough to be the rule taking football player by bigger competitors.
I didn’t know the EU was a country / clearly the plan and the desire for remainders. It is up there on the league table, but in reality it is dwarfed by the largest.
California’s economy is the same size as that of the entire U.K. The EU economy is 6x larger than the U.K. economy.
The U.K. has left a heavyweight bloc and become one of the larger single economies in the world, but which is still small enough to be the rule taking football player by bigger competitors.
Nickgnome said:
Welshbeef said:
Iminquarantine said:
I think this is a bit like saying the Earth is the 5th biggest planet in the solar system, or the biggest rocky planet.
It is up there on the league table, but in reality it is dwarfed by the largest.
California’s economy is the same size as that of the entire U.K. The EU economy is 6x larger than the U.K. economy.
The U.K. has left a heavyweight bloc and become one of the larger single economies in the world, but which is still small enough to be the rule taking football player by bigger competitors.
I didn’t know the EU was a country / clearly the plan and the desire for remainders. It is up there on the league table, but in reality it is dwarfed by the largest.
California’s economy is the same size as that of the entire U.K. The EU economy is 6x larger than the U.K. economy.
The U.K. has left a heavyweight bloc and become one of the larger single economies in the world, but which is still small enough to be the rule taking football player by bigger competitors.
Next we will be grouping Asiapac EMEA etc
However interesting that the relative GROWTH of the economies isn’t discussed ie the slowing of EU vs rest of world.
Welshbeef said:
We were talking about where each country sits in the league table.
Next we will be grouping Asiapac EMEA etc
However interesting that the relative GROWTH of the economies isn’t discussed ie the slowing of EU vs rest of world.
You can be selective if you wish but the Eu is recognised as a single trading block as can be evidenced by the requirement for the UK to negotiate and agreement with them. Not 27 separate ones. Next we will be grouping Asiapac EMEA etc
However interesting that the relative GROWTH of the economies isn’t discussed ie the slowing of EU vs rest of world.
Relatively speaking emerging economies will always grow faster. Bigger populations and more scope for industrialisation and efficiency improvements.
Nickgnome said:
Welshbeef said:
We were talking about where each country sits in the league table.
Next we will be grouping Asiapac EMEA etc
However interesting that the relative GROWTH of the economies isn’t discussed ie the slowing of EU vs rest of world.
You can be selective if you wish but the Eu is recognised as a single trading block as can be evidenced by the requirement for the UK to negotiate and agreement with them. Not 27 separate ones. Next we will be grouping Asiapac EMEA etc
However interesting that the relative GROWTH of the economies isn’t discussed ie the slowing of EU vs rest of world.
Relatively speaking emerging economies will always grow faster. Bigger populations and more scope for industrialisation and efficiency improvements.
Nickgnome said:
Welshbeef said:
We were talking about where each country sits in the league table.
Next we will be grouping Asiapac EMEA etc
However interesting that the relative GROWTH of the economies isn’t discussed ie the slowing of EU vs rest of world.
You can be selective if you wish but the Eu is recognised as a single trading block as can be evidenced by the requirement for the UK to negotiate and agreement with them. Not 27 separate ones. Next we will be grouping Asiapac EMEA etc
However interesting that the relative GROWTH of the economies isn’t discussed ie the slowing of EU vs rest of world.
Relatively speaking emerging economies will always grow faster. Bigger populations and more scope for industrialisation and efficiency improvements.
Only fiscal unions are "economies". Hence the TPP trading bloc is never talked about in these terms.
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