Brexit nudged into the long grass

The economy is not recovering, it is going down, idiot. From today.


Ouch! Brexit leads to 'dramatic deterioration' of UK economy

by Ivana Kottasova @ivanakottasovaJuly 22, 2016: 6:10 AM ET

Brexit leads to 'dramatic deterioration' of UK economy




It was already a fragile economy and the EU's regs were going to destroy it. Now that the UK is leaving they have a chance to save themselves. The EU is going to fail. Your marxist dream can't continue under the realities of the human race.

Let’s be clear. The economy is fragile. It was slowing down even before the referendum date was fixed and it is ill-prepared for the shock of Brexit. The UK has a budget deficit of 4% of GDP, a balance of payments deficit of 7% of GDP and the worst recent productivity record of any G7 country bar Italy. The idea that George Osborne “fixed the roof while the sun was shining” is fatuous.

The fragile UK economy has a chance to abandon failed policies post-Brexit
 
The US has recovered completely from Brexit in less than a month. England is doing rather well too. Business is basically back to normal. A nonevent. With attacks in Germany, they will exit soon as well.

What an idiot.

"Brexit causes dramatic drop in UK economy

Britain's decision to leave the EU has led to a "dramatic deterioration" in economic activity, not seen since the aftermath of the financial crisis.

Data from IHS Markit's Purchasing Managers' Index, or PMI, shows a fall to 47.7 in July, the lowest level since April in 2009. A reading below 50 indicates contraction.

Both manufacturing and service sectors saw a decline in output and orders.

Brexit causes dramatic drop in UK economy, data suggests - BBC News







Learn to read monte as you are deflecting again
 
Little downside to Brexit at this point, but a big upside in protecting the British economy.

The British economy will go back to what it was before joining Europe. Bankrupt. The EU saved Britain. Leaving the EU will put the UK back to where a non-manufacturing, services oriented economy should be without the massive EU market.
 
Little downside to Brexit at this point, but a big upside in protecting the British economy.

The British economy will go back to what it was before joining Europe. Bankrupt. The EU saved Britain. Leaving the EU will put the UK back to where a non-manufacturing, services oriented economy should be without the massive EU market.





And pigs will fly, you have been 100% wrong on everything so far so why should we put our money on your claims. Is that why you are running for cover you owe that much for failed inventions.
 
Little downside to Brexit at this point, but a big upside in protecting the British economy.

The British economy will go back to what it was before joining Europe. Bankrupt. The EU saved Britain. Leaving the EU will put the UK back to where a non-manufacturing, services oriented economy should be without the massive EU market.

It was the Labour Bloody Party that sent the UK broke you silly revisionist. Now the UK can go back to getting its trade in order with the rest of the Commonwealth. It's a win/win situation.

Greg
 
The US has recovered completely from Brexit in less than a month. England is doing rather well too. Business is basically back to normal. A nonevent. With attacks in Germany, they will exit soon as well.
UK Facing Recession Threat After Brexit Vote
Nope. Some of this is a bit more long term than market reaction.

Rubbish. The Bank of England has moved on it and the gremlins are now at peace. There will be no panic; maybe a few smallish corrections but why not? It's a small price to pay for being free at last.

Greg
 

Forum List

Back
Top