3 ms·
Brexit.
by mensetmanusman 3y ago
Brexit.
- dustincoates 3y agoWhile Brexit may have had an impact, it's important to note that this refers to the Eurozone and not the EU, so it's not as simple as an explanation as the loss of the UK. Slightly unrelated: anytime I see an article about dollars impending tumble as the world's reserve currency, I remember an article I read back in 2008 claiming the Euro was overtaking the dollar, because… rappers were flashing them in their videos. I'd be interested to see how much you could align different currencies in rap videos with currency strengths.
- JOnAgain 3y agoDid they actually not control for U.K.? They just subtracted the 6th biggest economy and ran a sensational headline?
- next_xibalba 3y agoThey did. Perhaps GP was referring to the economic impact of the decoupling.
- sefrost 3y agoThe UK was never in the Eurozone.
- mechagodzilla 3y agoThis is about the European Union, of which the UK was a part, not the Eurozone (where they use the Euro as currency).
- clipsy 3y agoThe chart in the linked tweet labels it Eurozone.[0] [0]: https://pbs.twimg.com/media/F1P4FUgWAAIMWAd?format=jpg&name=large https://pbs.twimg.com/media/F1P4FUgWAAIMWAd?format=jpg&name=...
- yodelshady 3y agoBut the title and tweet do NOT label it Eurozone. They label it EU. That rather makes it poor communication, no?
- seydor 3y agoUK had less growth than eurozone https://www.poundsterlinglive.com/images/graphs/EU-vs-UK-growth-berenberg.png https://www.poundsterlinglive.com/images/graphs/EU-vs-UK-gro...