Current Affairs EU In or Out

[peteblue]

You really should post the whole article you sourced the graph from.
https://tradingeconomics.com/united-kingdom/gdp-growth

Here's some highlights:

The GfK Consumer Confidence figures in December found that consumers were much less confident at the end of the year, with its reading at its lowest for more than five years.

Early estimates of business investment show it fell by 1.4 percent in the final quarter of the year. This is the fourth consecutive quarter in which such capital expenditure has fallen, the first such instance since 2009. In the latest Inflation Report, the Bank of England observe that this weakness appears to “primarily reflect Brexit and associated uncertainty”.

Compared with the same quarter in the previous year, the economy expanded by 1.3 percent. It has not been weaker since Q2 2012 and continues its relatively subdued performance over the last year. Considering 2018 full year, UK GDP increased by 1.4 percent, the weakest it has been since 2009.

Your point is what exactly ?.....

 

[Bruce Wayne]

Bruce, we underperformed against the G7 in 2009, 2010, part of 2012, it’s what happens. The graph shows the U.K. against a G7 average, which by definition means that unless all 7 are exactly the same then at any one point someone will be above the average and someone below it. The trend over the years however does not show some major catastrophe.....

We're only two years in so give it time.

 

[peteblue]

We're only two years in so give it time.

My view entirely........but without the catastrophe......

 

[Jebus_lives]

Your point is what exactly ?.....

GDP growth the slowest it's been since 2012.
Uncertainty around Brexit being the cause.

You really didn't need the 'eclipse' as you call it, after the question mark.

 

[peteblue]

Except that Bruce keeps putting it in the back of the net, rather than hitting the crossbar (sadly).

Whose net though.....

 

[Jebus_lives]

My view entirely........but without the catastrophe......

Enlighten me, what will the benefits be of being out of the EU, as opposed to being in it?

 

[peteblue]

GDP growth the slowest it's been since 2012.
Uncertainty around Brexit being the cause.

You really didn't need the 'eclipse' as you call it, after the question mark.

We can all see what it is telling us. Where does it show or prove Brexit being the cause. Was Brexit the cause in 2010 ?....

 

[Bruce Wayne]

We can all see what it is telling us. Where does it show or prove Brexit being the cause. Was Brexit the cause in 2010 ?....

I dare say we know what caused the economic down turn then Pete.

 

[peteblue]

Enlighten me, what will the benefits be of being out of the EU, as opposed to being in it?

How could I possibly enlighten you, when you keep asking the same stupid questions about EU trade versus Asia trade and I keep pointing out for the millionth time that they are not mutually exclusive.....

 

[peteblue]

I dare say we know what caused the economic down turn then Pete.

Do you ? Gordon Brown said it came from America. Personally I think that banks just lent too much unrecoverable money and had a liquidity problem, but I’m neither a banker nor thank god an economist. All of whom obviously saw it coming......

 

[Jebus_lives]

We can all see what it is telling us. Where does it show or prove Brexit being the cause. Was Brexit the cause in 2010 ?....

You still don't need the 'eclipse' after the question mark.

Here you go:
Bank of England observe that this weakness appears to “primarily reflect Brexit and associated uncertainty”

And I'll give you this as a spot of nightime reading:

CEP | Publications |Brexit analyses

Publications by the CEP

cep.lse.ac.uk

So Pete, what's your evidence to the contrary?...

 

[Jebus_lives]

How could I possibly enlighten you, when you keep asking the same stupid questions about EU trade versus Asia trade and I keep pointing out for the millionth time that they are not mutually exclusive.....

Give it a go...

 

[Jebus_lives]

Do you ? Gordon Brown said it came from America. Personally I think that banks just lent too much unrecoverable money and had a liquidity problem, but I’m neither a banker nor thank god an economist. All of whom obviously saw it coming......

Couldn't possibly imagine anyone blaming the slowest economic growth in 7 years on, oh let's say, slow down in China...that would be absurd.

 

[peteblue]

You still don't need the 'eclipse' after the question mark.

Here you go:
Bank of England observe that this weakness appears to “primarily reflect Brexit and associated uncertainty”

And I'll give you this as a spot of nightime reading:

CEP | Publications |Brexit analyses

Publications by the CEP

cep.lse.ac.uk

So Pete, what's your evidence to the contrary?...

What is this ‘eclipse’ you keep going on about.....

 

[Jebus_lives]

What is this ‘eclipse’ you keep going on about.....

I don’t use eclipses......

For the record it's actually an ellipsis.