greenmark wrote: ↑Wed Apr 12, 2023 6:11 pm
firlandsfarm wrote: ↑Wed Apr 12, 2023 6:00 pm
Archangel wrote: ↑Wed Apr 12, 2023 1:45 pm
Ah I see you bought the old "fastest growing economy" line from a few years ago, and to be shouted from the rooftops like Boris used to do. It was a favourite of the right wing media all right so I can see how you might have got excited. The truth of it was however that the UK was only "fastest growing" because we had tanked so much during Covid and Brexit, so we were still behind most other large economies in real terms.
Ah I see you bought the old "slowest growing economy" line from the current bandwagon of doom being shouted from the rooftops by the LL media. It is a favourite of the left wing media all right so I can see how you are getting excited. The truth of it is however that the UK is only "slowest growing" because we have grown more than others since Covid, so we were still ahead of most other large economies in real terms. Oh BTW I see you forget to include German in your 'tanking' claims. Aren't they the economy to copy?
And when was one of these forecasts last accurate? I heard on the news this morning in comment to the latest IMF forecast for the UK that of the last 28 forecasts they have issued 25 have underestimated the UK 's performance but never mind, I know you will wheel out any random pessimistic forecast, shout about it and go very quiet when the doom and gloom doesn't materialise. That's the left media for you!
Compare FTSE to Dow or european stock markets. FTSE has flat-lined (ignore the covid, ukraine troughs) since 2016. The other stock markets have recovered and continued on an upward trajectory. You can't deny that Brexit is holding us back. The truth of Brexit remains to be seen. I would love the UK to soar on the new found freedom of Brexit, but as time goes on it's looking less and less like a good idea. But there is no point being a grumpy remoaner I just want the UK to succeed regardless of the political landscape.
The UK won’t succeed as I think most people expect or would like.
- Lack of housing. Problem, not n my backyard.
- Energy. Problem, no wind farms in my backyard.
- Insulating old homes. Problem, billions of £.
- Healthcare. Problem, chucking billions down a big hole.
- Defence. Problem, billions of £.
- Population. Problem, ageing, living longer but with chronic problems.
- Manufacturing. Problem, we don’t build anything that anyone wants.
In the UK 80% of people are nett takers and not nett contributors. Means it’s like a pyramid selling system with pensions and healthcare. For every £1 we receive we spending £3.50. Basic maths tells you we fucked long term.
To fix everything like most want would take £ trillions and trillions. We will never raise that from the economy ever. Only from borrowing.
Nobody and I mean nobody can fix this without upsetting the majority along the way.
