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A SHORT LIVED RECOVERY ?

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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Thu Mar 05, 2020 3:08 pm

Paphitis wrote:
miltiades wrote:Time will tell who will be scoffing HP!
The EU IS the world's largest trading block. Idiots however , mostly working class and geriatrics don't give a toss as they are and always have been europhobics.
As for you, well ..General you got the Syrian issue wrong not forgetting so much else.


The EU isn't the largest trading block.

It's definitely the worst performing trading block though. That's because it's way over regulated and restricted.

The UK wants to look further afield to the Asia Pacific and North America. Markets which are twice or more larger than all of the EU. Probably 3 times larger with China and India.

The EU

"The EU is the world's largest trading block. TheEU is the world's largest trader of manufactured goods and services. The EU is the top tradingpartner for 80 countries. By comparison the US isthe top trading partner for a little over 20 "

Why don't you first research before opening your mouth !!
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Thu Mar 05, 2020 3:13 pm

miltiades wrote:
Paphitis wrote:
miltiades wrote:Time will tell who will be scoffing HP!
The EU IS the world's largest trading block. Idiots however , mostly working class and geriatrics don't give a toss as they are and always have been europhobics.
As for you, well ..General you got the Syrian issue wrong not forgetting so much else.


The EU isn't the largest trading block.

It's definitely the worst performing trading block though. That's because it's way over regulated and restricted.

The UK wants to look further afield to the Asia Pacific and North America. Markets which are twice or more larger than all of the EU. Probably 3 times larger with China and India.

The EU

"The EU is the world's largest trading block. TheEU is the world's largest trader of manufactured goods and services. The EU is the top tradingpartner for 80 countries. By comparison the US isthe top trading partner for a little over 20 "

Why don't you first research before opening your mouth !!


It's not!

The USA alone is just a tiny fraction under all of the EU combined.

That's before you add the likes of Canada, Japan, Singapore and Australia.

So my friend, just one country alone accounts for the entire EU - that country is the USA.

https://www.wikiwand.com/en/International_trade

All the UK need to do is have a FTD with the USA and the EU has been replaced in one foul swoop and that is without all the baggage of being in the EU would entail.

Another trade deal with the likes of Canada, China, India, Japan, Australia and the UK has the last laugh.

A further trade deal with the EU, and its almost like taking the piss. In the end, the UK will be fine.
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Thu Mar 05, 2020 3:28 pm

Paphitis wrote:
miltiades wrote:
Paphitis wrote:
miltiades wrote:Time will tell who will be scoffing HP!
The EU IS the world's largest trading block. Idiots however , mostly working class and geriatrics don't give a toss as they are and always have been europhobics.
As for you, well ..General you got the Syrian issue wrong not forgetting so much else.


The EU isn't the largest trading block.

It's definitely the worst performing trading block though. That's because it's way over regulated and restricted.

The UK wants to look further afield to the Asia Pacific and North America. Markets which are twice or more larger than all of the EU. Probably 3 times larger with China and India.

The EU

"The EU is the world's largest trading block. TheEU is the world's largest trader of manufactured goods and services. The EU is the top tradingpartner for 80 countries. By comparison the US isthe top trading partner for a little over 20 "

Why don't you first research before opening your mouth !!


It's not!

The USA alone is just a tiny fraction under all of the EU combined.

That's before you add the likes of Canada, Japan, Singapore and Australia.

So my friend, just one country alone accounts for the entire EU - that country is the USA.

https://www.wikiwand.com/en/International_trade

All the UK need to do is have a FTD with the USA and the EU has been replaced in one foul swoop and that is without all the baggage of being in the EU would entail.

Another trade deal with the likes of Canada, China, India, Japan, Australia and the UK has the last laugh.

A further trade deal with the EU, and its almost like taking the piss. In the end, the UK will be fine.

You really are a dellusional Plonker !! Where in the article does it state that the USA is the worlds largest TB ? NO WHERE!!
The EU IS the largest by far. Don't just express your own opinions. Just go on google and search : World's largest trading block.
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Thu Mar 05, 2020 3:45 pm

miltiades wrote:
Paphitis wrote:
miltiades wrote:
Paphitis wrote:
miltiades wrote:Time will tell who will be scoffing HP!
The EU IS the world's largest trading block. Idiots however , mostly working class and geriatrics don't give a toss as they are and always have been europhobics.
As for you, well ..General you got the Syrian issue wrong not forgetting so much else.


The EU isn't the largest trading block.

It's definitely the worst performing trading block though. That's because it's way over regulated and restricted.

The UK wants to look further afield to the Asia Pacific and North America. Markets which are twice or more larger than all of the EU. Probably 3 times larger with China and India.

The EU

"The EU is the world's largest trading block. TheEU is the world's largest trader of manufactured goods and services. The EU is the top tradingpartner for 80 countries. By comparison the US isthe top trading partner for a little over 20 "

Why don't you first research before opening your mouth !!


It's not!

The USA alone is just a tiny fraction under all of the EU combined.

That's before you add the likes of Canada, Japan, Singapore and Australia.

So my friend, just one country alone accounts for the entire EU - that country is the USA.

https://www.wikiwand.com/en/International_trade

All the UK need to do is have a FTD with the USA and the EU has been replaced in one foul swoop and that is without all the baggage of being in the EU would entail.

Another trade deal with the likes of Canada, China, India, Japan, Australia and the UK has the last laugh.

A further trade deal with the EU, and its almost like taking the piss. In the end, the UK will be fine.

You really are a dellusional Plonker !! Where in the article does it state that the USA is the worlds largest TB ? NO WHERE!!
The EU IS the largest by far. Don't just express your own opinions. Just go on google and search : World's largest trading block.


No I'm not delusional.

I'm a pragmatist. the EU is out of control and those who are out of the EU are the ones kicking all the goals. that's because the EU isn't a trade block at all like the rest of the blocks are such as NAFTA, ASEAN, APEC, and BRICS are.

I did do a google search and the USA equates to about 90% of the entire EU trade volume. I provided a link for you.

I was not expressing an opinion. I was expressing a FACT!

There is a lot going on out of the EU and the epicentres today are North America, and Asia Pacific plus China and India. Another FACT.

A trade deal with the USA, canada, Australia and NZ is inevitable. Those markets alone exceed the EU.

In all likelihood, Free Trade deals are also inevitable with Japan, Korea, Taiwan, Singapore, and India.

Also a good chance for a FTD with China.

So the question the EU should be asking is "who's their daddy"? Answer is UK. :lol:

The UK outsmarted the EU after nearly 4 years for torture and British ineptitude. It took Boris to really stick it up them, and stick it up them he did. The EU LOST! :D

And the funniest thing of all is this. You are presuming that because of BREXIT, the UK will not have a Free Trade Deal with the EU. The UK can have a FTD with the EU by the end of the year. So basically, they could win it all and still have BREXIT. Amazing that hey? :wink:

So in other words, by 2021, the UK could be the best placed European country having its finger in the pie everywhere. You were all very quick to write the UK off, and take the piss and terrorise that country. It was literally 4 years of hell for them, but they turned the tables round and now the shoe is on the other foot. If it was me, I would bury that boot right up the EU's ass.
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Thu Mar 05, 2020 4:15 pm

Judging by the ....strength of the pound you could be .....right :lol:
What a plonker !!
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Re: A SHORT LIVED RECOVERY ?

Postby cyprusgrump » Thu Mar 05, 2020 5:41 pm

miltiades wrote:Judging by the ....strength of the pound you could be .....right :lol:
What a plonker !!



Says the man who has been predicting the apocalyptic collapse of the Pound to parity with the €uro (or lower) for years... :roll:
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Fri Mar 06, 2020 4:45 am

It is highly unlikely that Sterling will return to the pre referendum levels either against the mighty Euro or the US Dollar.
Financial markets are the primary rate " settlers" and there is not the slightest evidence to indicate that Stg or indeed the British economy will miraculously surpass the pre referendum levels. I have yet to see any credible evidence that our economy will benefit outside the world's largest trading block. In my opinion based on realities is that an unmitigating disaster is inevitable. When a nation is driven by pseudo nationalism instead of economic prudence the results can never be anything but disastrous. The UK now has some 4 million children below the poverty line, how long before this number increases substantially? Food prices will rise to levels never before seen in the UK. But as th3 peasants say, we now have our country back and a fucking clown at the helm.
What a load of stupid plonkers !!
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Fri Mar 06, 2020 4:55 am

miltiades wrote:It is highly unlikely that Sterling will return to the pre referendum levels either against the mighty Euro or the US Dollar.
Financial markets are the primary rate " settlers" and there is not the slightest evidence to indicate that Stg or indeed the British economy will miraculously surpass the pre referendum levels. I have yet to see any credible evidence that our economy will benefit outside the world's largest trading block. In my opinion based on realities is that an unmitigating disaster is inevitable. When a nation is driven by pseudo nationalism instead of economic prudence the results can never be anything but disastrous. The UK now has some 4 million children below the poverty line, how long before this number increases substantially? Food prices will rise to levels never before seen in the UK. But as th3 peasants say, we now have our country back and a fucking clown at the helm.
What a load of stupid plonkers !!


More scare mongering.

Remainers have been saying there will be an impeding sisaster for years now but the fact is, the UK is outperforming every EU member as we speak and have been outperforming the EU since the referendum.

You see, if you were an economist, you would also understand that the primary indicator is actually GDP growth not the value of the currency.

Big trading blocks devalue their currency quite deliberately to make their products more competitive internationally.

At this time, BREXIT isn't even an issue. What is an issue is Caronavirus because if this disease takes off, you can kiss good bye the global economy. Britain if anything is better placed now to restrict movement of people. Might be worse than the 1920s depression. massive unemployment, financial markets and banking collapses, people dropping off like flies, and wide spread chaos. That's the worse case scenario of course but its possible. Probably nothing as bad will happen.
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Re: A SHORT LIVED RECOVERY ?

Postby miltiades » Fri Mar 06, 2020 5:09 am

Sterling has hit a near-ten year low against the euro after data unexpectedly showed that British gross domestic product contracted in the second quarter for the first time since 2012.

GDP is not apparently on the up right now .
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Re: A SHORT LIVED RECOVERY ?

Postby Paphitis » Fri Mar 06, 2020 6:04 am

miltiades wrote:Sterling has hit a near-ten year low against the euro after data unexpectedly showed that British gross domestic product contracted in the second quarter for the first time since 2012.

GDP is not apparently on the up right now .


Sterling isn't the only currency sliding away.

The Australian Dollar has hot 20 year lows but GDP Growth is still 3% - maybe not for much longer if Caronavirus continues though.

The reason for the slide is low commodity prices and heavy trade. Australia is an exporter and sometimes it suits Australia to have a weaker currency because it drives demand for Australian Resources and materials.

So I'm afraid the days of blaming BREXIT are well and truly over. If UK are growing at 1.5 to 2%, they are outperforming the EU, so it appears their economy is a lot more robust than the EU economy.

Only plebs look at the currency and deduce from that that the economy is doing badly. There are so many countries out there with Pesos, and yet they are growing at 5% or more.

The world has moved on now thanks to Boris. UK can now rest at ease and make peace with itself and live happily ever after and concentrate on far more pressing issues like the caronavirus threat. If caronavirus is as dangerous as the media and WHO say it is, then that is the thing which will kill the economy off on a global scale and potentially wipe out thousands of people.

Key indicators for economic performance are:
1) employment/unemployment
2) new jobs created/job losses
3) wage growth
4) consumer spending
5) inflation
6) GDP growth

Currency valuation doesn't come into it and Central banks manipulate the value by reducing and raising interest rates to suit them and the economy as well as trade.

If the UK has near zero unemployment and the GDP is growing, then nothing to worry about.
Last edited by Paphitis on Fri Mar 06, 2020 6:22 am, edited 1 time in total.
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