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02-05-2021, 01:56 PM
1

Meanwhile at Barclays

While the EU goes into a double dip recession, Britain is set for the strongest economic expansion since the 1940s.


https://conservativepost.co.uk/brita...vWFlspula3w-eo
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02-05-2021, 02:23 PM
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Re: Meanwhile at Barclays

Originally Posted by Bread ->
While the EU goes into a double dip recession, Britain is set for the strongest economic expansion since the 1940s.


https://conservativepost.co.uk/brita...vWFlspula3w-eo

There goes my believe in bankers being able to calculate. After a dip of 9.9%, a growth of 6.5% would bring economy up to (90.1+ 6.5 0.901) 96% of what it previously was. Still a 4% dip in economy as compared to when you were EU members.
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02-05-2021, 02:59 PM
3

Re: Meanwhile at Barclays

Originally Posted by Solasch ->
There goes my believe in bankers being able to calculate. After a dip of 9.9%, a growth of 6.5% would bring economy up to (90.1+ 6.5 0.901) 96% of what it previously was. Still a 4% dip in economy as compared to when you were EU members.
We're talking of sustained above-average growth Solly old bean, not just one year.
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02-05-2021, 03:06 PM
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Re: Meanwhile at Barclays

Originally Posted by Zaphod ->
We're talking of sustained above-average growth Solly old bean, not just one year.
And like you stated in your post # 50 of another thread: they usually get it wrong!
https://www.over50sforum.com/showthr...t+wrong&page=5
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02-05-2021, 03:09 PM
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Re: Meanwhile at Barclays

Originally Posted by Solasch ->
And like you stated in your post # 50 of another thread: they usually get it wrong!
https://www.over50sforum.com/showthr...t+wrong&page=5
What isn't wrong Solly is that the EU is officially in a double-dip recession now whereas the UK grew in Q4 2020.


Eurozone suffers double-dip recession as pandemic impact continues

https://www.bbc.co.uk/news/business-56940720

UK gross domestic product (GDP) in Quarter 4 (Oct to Dec) 2020 is estimated to have grown by 1.0%, following revised 16.1% growth in Quarter 3

https://www.ons.gov.uk/economy/gross...todecember2020
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02-05-2021, 05:44 PM
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Re: Meanwhile at Barclays

Originally Posted by Zaphod ->
What isn't wrong Solly is that the EU is officially in a double-dip recession now whereas the UK grew in Q4 2020.


Eurozone suffers double-dip recession as pandemic impact continues

https://www.bbc.co.uk/news/business-56940720

UK gross domestic product (GDP) in Quarter 4 (Oct to Dec) 2020 is estimated to have grown by 1.0%, following revised 16.1% growth in Quarter 3

https://www.ons.gov.uk/economy/gross...todecember2020

Yes, that is quite rightly predicted by bread elsewhere. Perhaps he can help you find an explanation for it, as you seem to have no clue.
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02-05-2021, 06:21 PM
7

Re: Meanwhile at Barclays

Originally Posted by Solasch ->
Yes, that is quite rightly predicted by bread elsewhere. Perhaps he can help you find an explanation for it, as you seem to have no clue.
I think we all know why the EU has a double-dip recession but the UK doesn't.
It's a simple answer.
The EU are useless.
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02-05-2021, 06:42 PM
8

Re: Meanwhile at Barclays

Originally Posted by Bread ->
While the EU goes into a double dip recession, Britain is set for the strongest economic expansion since the 1940s.
I'm sure Barclays know what they're talking about, but let's wait till it happens before we start getting giddy.
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02-05-2021, 06:44 PM
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Re: Meanwhile at Barclays

Originally Posted by Harbal ->
I'm sure Barclays know what they're talking about, but let's wait till it happens before we start getting giddy.
Don't be silly Harbal; it gives some people the opportunity for more whether it's true or not.

Besides (and as said): the EU is officially in a double-dip recession.
We are not.
But indeed, let's wait and see.
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02-05-2021, 06:50 PM
10

Re: Meanwhile at Barclays

Originally Posted by Zaphod ->
Don't be silly Harbal
Not much point in me being here if I'm not going to be silly. I could tell you and Bread not to be silly, But I don't think you realise that you are being.
 
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