Current Affairs Irish Border and Brexit

[Jebus_lives]

You are not under threat of immediate and terrible war. But if so, from whom, supported by whom.....

The EU Pete....they're building an army!!!!!!

 

[Jebus_lives]

Leaving EU without a deal is 'survivable' - Liam Fox

The international trade secretary says not having a deal would put the economy under unnecessary turmoil.

news.sky.com

Just a quick reminder what the International Trade Secretary has said about No Deal.

 

[vagant59]

It says that with an agreed Brexit deal, the Irish economy should grow by about 4.5% this year, but in a no-deal scenario that would fall to 1.5% - a rate last seen in 2013.

Thats 3% by my reckoning.A central bank that can't deduct 1.5 from 4.5

 

[Jebus_lives]

Thats 3% by my reckoning.A central bank that can't deduct 1.5 from 4.5

A. It may be the report that's wrong
B. An agreed Brexit isn't the current position, it is one of a range of possible outcomes that would have damaging consequences. Agreed deal 4.5%, no deal 1.5%, but you've, either deliberately or through lack of awareness, not considered that it hasn't happened yet.

 

[Carl O'Ancelotti]

Sounds like your reckoning needs some wor

Thats 3% by my reckoning.A central bank that can't deduct 1.5 from 4.5

Seems like your reckoning needs working on.

They project a 3% difference in the growth rate between a deal scenario and a no deal one. Not sure what is unclear about that.

 

[peteblue]

Thats 3% by my reckoning.A central bank that can't deduct 1.5 from 4.5

A. It may be the report that's wrong
B. An agreed Brexit isn't the current position, it is one of a range of possible outcomes that would have damaging consequences. Agreed deal 4.5%, no deal 1.5%, but you've, either deliberately or through lack of awareness, not considered that it hasn't happened yet.

Sounds like your reckoning needs some wor

Seems like your reckoning needs working on.

They project a 3% difference in the growth rate between a deal scenario and a no deal one. Not sure what is unclear about that.

Wow, impressive guys. You are all agreeing that it’s 3% and not the ‘up to 4%’ as stated, yet you still manage to argue with each other.......

 

[Jebus_lives]

Wow, impressive guys. You are all agreeing that it’s 3% and not the ‘up to 4%’ as stated, yet you still manage to argue with each other.......

I'm not agreeing it's 3%. There's a range of different scenarios so simply deducting 1.5 from 4.5 doesn't work.

 

[Carl O'Ancelotti]

Wow, impressive guys. You are all agreeing that it’s 3% and not the ‘up to 4%’ as stated, yet you still manage to argue with each other.......

The Central Bank presented their estimates of the difference in growth rate between the deal or no deal scenarios. The 'up to 4%' is likely to be the estimate of the difference between the growth rate if there is no deal and no Brexit at all. But you probably know that anyway and are trying to manipulate the figures to suit your argument.

 

[vagant59]

Sounds like your reckoning needs some wor

Seems like your reckoning needs working on.

They project a 3% difference in the growth rate between a deal scenario and a no deal one. Not sure what is unclear about that.

It would appear that your reading skills are not what they should be.It quite clearly says 4% in your original post !

 

[Carl O'Ancelotti]

It would appear that your reading skills are not what they should be.It quite clearly says 4% in your original post !

What says 4% ? Why don't you quote the whole post instead of selecting a line from it and then comparing it to something you didn't quote.

Read the reply above which explains what the 4% refers to. Nowhere do they project a 4% difference in the growth rate between a deal scenario and a no deal one.

 

[vagant59]

The Central Bank has warned that a no-deal Brexit could reduce the growth rate of the Irish economy by up to 4% this year. In its first quarterly report of the year, the Central Bank says the impact would be front loaded, and describes the short term economic challenges as immense. In one of the starkest bulletins since the economic crisis, the Central Bank warns of the severe impact that a no-deal Brexit could have on the Irish economy. It says that with an agreed Brexit deal, the Irish economy should grow by about 4.5% this year, but in a no-deal scenario that would fall to 1.5% - a rate last seen in 2013.

No matter how many times i read it, I still get 3%

 

[Jebus_lives]

No matter how many times i read it, I still get 3%

Are you just subtracting 1.5 from 4.5?

 

[peteblue]

The Central Bank presented their estimates of the difference in growth rate between the deal or no deal scenarios. The 'up to 4%' is likely to be the estimate of the difference between the growth rate if there is no deal and no Brexit at all. But you probably know that anyway and are trying to manipulate the figures to suit your argument.

I’m not even in the argument. Three of you are arguing over the same information......

 

[Jebus_lives]

I’m not even in the argument. Three of you are arguing over the same information......

Do you understand the concept of interpretation?

 

[peteblue]

Do you understand the concept of interpretation?

Do you understand the concept of arguing over nothing......