3 ms·
https://tradingeconomics.com/united-kingdom/gdp-growth-annual https://tradingeconomics.com/united-kingdom/gdp-growth-annua... Don't you notice anything between
by tigershark 8y ago
https://tradingeconomics.com/united-kingdom/gdp-growth-annual https://tradingeconomics.com/united-kingdom/gdp-growth-annua...
Don't you notice anything between before June 2016 and after?
Before was growing at 2.2%, now it is growing at just 1.2%.
To me 1.2% seems pretty close to half of 2.2%.
I lost thousand of pounds because I had to spend money abroad and thanks to the collapsing value of the pound I had to spend much more.
Where you live has a huge importance because you clearly have no idea of the current economic scenario in the UK.
The evidence is all in the numbers that you try to ignore or to manipulate to justify your agenda.
But numbers don't lie and everyone can verify that as I said just before the Brexit the annual gdp growth was 2.2% and now is 1.2/1.3%. The GBP before arrived to 1.43 on the EUR now it is at 1.11. The net migration from the EU is at its lowest in 5 years at just 100K people. These are the raw and pure numbers, not your fantasy that UK economy is the same as before.
- jbros 8y agoGDP is a flawed metric.
- ben_w 8y agoYes, but until they’ve got a better one, we’re going to keep using it.
- repolfx 8y agoLike I said, you have to be careful with recent GDP figures because Q1 is always revised upwards - there's some repetitive statistical flaw in the way the ONS calculates these things, it's always the same problem. It's possible the figure for 2018 will be slightly lower in the end, we'll have to wait and see. But GDP growth went from 3% to 2% between 2015-2016 and nothing much was happening then, so again, you're taking perfectly normal and quite small fluctuations in economic indicators and linking them all to Brexit, which is logically unsupportable. As I said before, the strengthening of the Euro is related to economic changes in the eurozone and not anything to do with Brexit. That can be easily seen by just comparing GBP vs other currency pairs. Your trip cost more because Europe became less poor, not because the UK did. As for the implication I somehow don't know what the UK is like, knock off it mate. I visit the UK every month or two because I work for a company based there, and actually am British myself. I am very familiar with how it's doing, and it's doing fine. Stop assigning arbitrary fluctuations in a single exchange rate to your personal political biases.
- growlist 8y ago> just 100k people So more people than not still see the UK as better than elsewhere. Call me when migration turns negative.
- tigershark 8y agoBrexit still didn’t happen and the net migration collapsed.