Nigel Farage: ‘Brexit has failed’

[youreavinalaff]

  On 5/23/2023 at 3:03 PM, Mac Mickmanus said:

I have just been to my local supermarket and they seem to be fully stocked with everything  , tomatoes from Holland and peppers from Spain among the produce available and I didn't notice and shortages 

Expand  

Like I said, personal experiences keep media scaremongering in check.

 

If only Chomper had divulged what he couldn't source, we could have pointed him in the right direction.

[Chomper Higgot]

  On 5/23/2023 at 3:28 PM, youreavinalaff said:

Like I said, personal experiences keep media scaremongering in check.

 

If only Chomper had divulged what he couldn't source, we could have pointed him in the right direction.

Expand  

I found what I wanted in the second supermarket I visited.

 

Gone are the pre-Brexit days when I could get all my shopping in one supermarket.

 

Others have the same experience, hence the news articles discussing food shortages.

 

 

 

[youreavinalaff]

  On 5/23/2023 at 3:51 PM, Chomper Higgot said:

I found what I wanted in the second supermarket I visited.

 

Gone are the pre-Brexit days when I could get all my shopping in one supermarket.

 

Others have the same experience, hence the news articles discussing food shortages.

 

 

 

Expand  

No shortages, surely.

 

If there was a shortage you would not have found what you were looking for.

 

Seems your first post today can be filed under talking %$#@@$ for effect.

[Chomper Higgot]

  On 5/23/2023 at 2:55 PM, youreavinalaff said:

It's so obvious but you can't see it.

 

Take a break, go and sit in a little corner, write a list of why you think Brexit has failed. When you've done that, compare your notes with the article on Farage.

You are miles apart. The fact you keep referring to what he said is laughable at best.

Expand  

The reason I’m referring to what Farage has said is, are you ready for this?

 

“Nigel Farage: ‘Brexit has failed’”

 

Is the topic of discussion.

I hope that helps you understand the subject of the thread you are engaging in.

[Mac Mickmanus]

  On 5/23/2023 at 3:28 PM, youreavinalaff said:

Like I said, personal experiences keep media scaremongering in check.

 

If only Chomper had divulged what he couldn't source, we could have pointed him in the right direction.

Expand  

It may have been one of those Prime  drinks by Logan Paul and KSI that were selling for huge amounts when they were scarce  , but now some Supermarkets now have them available for regular price 

[youreavinalaff]

  On 5/23/2023 at 3:57 PM, Chomper Higgot said:

The reason I’m referring to what Farage has said is, are you ready for this?

 

“Nigel Farage: ‘Brexit has failed’”

 

Is the topic of discussion.

I hope that helps you understand the subject of the thread you are engaging in.

Expand  

OK. You seem to agree with Nige. Happy you've crossed the centre line.

 

What reasons he gave do you agree with? 

 

 

[Chomper Higgot]

  On 5/23/2023 at 4:04 PM, youreavinalaff said:

OK. You seem to agree with Nige. Happy you've crossed the centre line.

 

What reasons he gave do you agree with? 

 

 

Expand  

The UK being the only G7 nation not to have recovered its economy to pre-pandemic levels will do as a start.

[youreavinalaff]

  On 5/23/2023 at 4:38 PM, Chomper Higgot said:

The UK being the only G7 nation not to have recovered its economy to pre-pandemic levels will do as a start.

Expand  

I don't recall that bit.

 

You still don't see it, do you?

[vinny41]

  On 5/23/2023 at 4:38 PM, Chomper Higgot said:

The UK being the only G7 nation not to have recovered its economy to pre-pandemic levels will do as a start.

Expand  

IMF no longer expects UK recession this year

 

The United Kingdom will not, after all, be the worst-performing rich economy this year, the International Monetary Fund (IMF) said Tuesday, announcing a major revision to its previous gloomy forecast.

The Washington-based organization said it now expects the UK economy to grow 0.4% in 2023, upgrading its April forecast by a whopping 0.7 percentage points.

https://edition.cnn.com/2023/05/23/economy/uk-economy-imf/index.html

[Chomper Higgot]

  On 5/23/2023 at 4:51 PM, youreavinalaff said:

I don't recall that bit.

 

You still don't see it, do you?

Expand  

Listen up, again.

 

I have my own reasons for concluding Brexit is a failure.

 

I agree with Farage’s conclusion, I don’t have to agree with how he came to that conclusion.

 

‘The UK is the only G7 nation not to have recovered its economy to its pre Pandemic level’.

 

That in and of itself is reason to conclude Brexit has failed.
 

[Chomper Higgot]

  On 5/23/2023 at 4:56 PM, vinny41 said:

IMF no longer expects UK recession this year

 

The United Kingdom will not, after all, be the worst-performing rich economy this year, the International Monetary Fund (IMF) said Tuesday, announcing a major revision to its previous gloomy forecast.

The Washington-based organization said it now expects the UK economy to grow 0.4% in 2023, upgrading its April forecast by a whopping 0.7 percentage points.

https://edition.cnn.com/2023/05/23/economy/uk-economy-imf/index.html

Expand  

Oh, a prediction.

[vinny41]

Britain is no longer expected to suffer a recession this year, nor will it have the weakest economic growth in the group of seven leading industrialised economies, the International Monetary Fund (IMF) said today.
https://news.sky.com/story/imf-forecasts-dramatic-upgrade-for-uks-economic-outlook-but-more-cost-of-living-pain-to-come-12887402

[youreavinalaff]

  On 5/23/2023 at 5:03 PM, Chomper Higgot said:

Oh, a prediction.

Expand  

5555555.

 

You don't like it so you dismiss it as a prediction. 

 

The best ( funniest) post so far today.

[Chomper Higgot]

  On 5/23/2023 at 5:26 PM, youreavinalaff said:

5555555.

 

You don't like it so you dismiss it as a prediction. 

 

The best ( funniest) post so far today.

Expand  

It is a prediction.

[candide]

  On 5/23/2023 at 4:56 PM, vinny41 said:

IMF no longer expects UK recession this year

 

The United Kingdom will not, after all, be the worst-performing rich economy this year, the International Monetary Fund (IMF) said Tuesday, announcing a major revision to its previous gloomy forecast.

The Washington-based organization said it now expects the UK economy to grow 0.4% in 2023, upgrading its April forecast by a whopping 0.7 percentage points.

https://edition.cnn.com/2023/05/23/economy/uk-economy-imf/index.html

Expand  

Changing target again? It does remain that UK GDP is still below pre-pandemic level. So even with 0.4% growth in 2023, it will still be below pre-pandemic level at the end of 2023.

 

"Compared to the pre-pandemic level, UK GDP in Q1 2023 was 0.5% lower. This compares with Eurozone GDP being 2.5% higher than its pre-pandemic level, while US GDP was 5.3% higher. 

https://commonslibrary.parliament.uk/research-briefings/sn02784/

[vinny41]

The International Monetary Fund (IMF) today joined the Office for Budget Responsibility and Bank of England in admitting they were wrong to forecast the UK will suffer a tough recession this year.

It previously said just last month that Britain’s economy would shrink 0.3 per cent this year, which would have put the country at the bottom of the G7 growth table.

The globe’s lender of last resort in fresh forecasts hiked its gross domestic product expectations in 2023 to 0.4 per cent.

The new projections mean Germany is now tipped to be the weakest economy in the group of rich nations in 2023.

https://www.cityam.com/imf-ditches-uk-recession-call-and-lifts-gdp-growth-from-bottom-of-g7/

[candide]

  On 5/23/2023 at 6:20 PM, vinny41 said:

The International Monetary Fund (IMF) today joined the Office for Budget Responsibility and Bank of England in admitting they were wrong to forecast the UK will suffer a tough recession this year.

It previously said just last month that Britain’s economy would shrink 0.3 per cent this year, which would have put the country at the bottom of the G7 growth table.

The globe’s lender of last resort in fresh forecasts hiked its gross domestic product expectations in 2023 to 0.4 per cent.

The new projections mean Germany is now tipped to be the weakest economy in the group of rich nations in 2023.

https://www.cityam.com/imf-ditches-uk-recession-call-and-lifts-gdp-growth-from-bottom-of-g7/

Expand  

Good news! So at the end of 2023, UK GDP will only be 0.2% below pandemic level! ????

[Mac Mickmanus]

  On 5/23/2023 at 6:38 PM, candide said:

Good news! So at the end of 2023, UK GDP will only be 0.2% below pandemic level! ????

Expand  

Pre Pandemic (2018), the U.K was faring batter than every other G7 European  Country , apart from Germany ,  only Germany had a higher GDP than the UK .

  As the UK economy was thriving pre pandemic, we have further to go to reach those pre pandemic  levels 

[candide]

  On 5/23/2023 at 6:51 PM, Mac Mickmanus said:

Pre Pandemic (2018), the U.K was faring batter than every other G7 European  Country , apart from Germany ,  only Germany had a higher GDP than the UK .

  As the UK economy was thriving pre pandemic, we have further to go to reach those pre pandemic  levels 

Expand  

Ahem

2019 UK 1.6% Eurozone 1.58%

2018 UK 1.7% Eurozone 1.78%

 

And here about G7. UK ranked 6th in 2018

https://fullfact.org/economy/uk-economic-growth-within-g7/

[Mac Mickmanus]

  On 5/23/2023 at 7:05 PM, candide said:

Ahem

2019 UK 1.6% Eurozone 1.58%

2018 UK 1.7% Eurozone 1.78%

Expand  

You keep changing . 

You quoted figures for G7 Countries

I commented on those G7 Countries

Now you've changed it to the Eurozone , which is a different set of Countries !!!!!!!!!

[candide]

  On 5/23/2023 at 7:11 PM, Mac Mickmanus said:

You keep changing . 

You quoted figures for G7 Countries

I commented on those G7 Countries

Now you've changed it to the Eurozone , which is a different set of Countries !!!!!!!!!

Expand  

Edited already in my post. UK ranked 6th in G7 in 2018. You may also notice the strong decline from 1st rank in 2016.

https://fullfact.org/economy/uk-economic-growth-within-g7/

[Chomper Higgot]

  On 5/23/2023 at 6:51 PM, Mac Mickmanus said:

Pre Pandemic (2018), the U.K was faring batter than every other G7 European  Country , apart from Germany ,  only Germany had a higher GDP than the UK .

  As the UK economy was thriving pre pandemic, we have further to go to reach those pre pandemic  levels 

Expand  

And now it’s not.

[Mac Mickmanus]

  On 5/23/2023 at 7:13 PM, candide said:

Edited already in my post. UK ranked 6th in G7 in 2018.

https://fullfact.org/economy/uk-economic-growth-within-g7/

Expand  

Try this 

 

https://charticulator.com/gallery/gdp_g7_2018_linear.html

[candide]

  On 5/23/2023 at 7:18 PM, Mac Mickmanus said:

Try this 

 

https://charticulator.com/gallery/gdp_g7_2018_linear.html

Expand  

And? Are you calling a 1.6% or 1.7% GDP growth striving? The UK GDP growth in 2018 and 2019 was quite average, compared to Eurozone or G7. It was not in a high growth situation which may explain why it is now a laggard in catching-up.

[candide]

  On 5/23/2023 at 7:18 PM, Mac Mickmanus said:

Try this 

 

https://charticulator.com/gallery/gdp_g7_2018_linear.html

Expand  

If we follow your reasoning, France and UK had similar GDP per Capita. So they had the same burden of a previous high GDP per capita, the same 'handicap', so to say. Now France is 1.8% higher than UK.

[Mac Mickmanus]

  On 5/23/2023 at 7:39 PM, candide said:

If we follow your reasoning, France and UK had similar GDP per Capita. So they had the same burden of a previous high GDP per capita, the same 'handicap', so to say. Now France is 1.8% higher than UK.

Expand  

I do get the point that you are making , you dont have to keep making the same point .

   Yes, Brexit has has a detrimental effect on the U.K economy

You don't have to keep stating that or hinting at that . 

[candide]

  On 5/23/2023 at 7:58 PM, Mac Mickmanus said:

I do get the point that you are making , you dont have to keep making the same point .

   Yes, Brexit has has a detrimental effect on the U.K economy

You don't have to keep stating that or hinting at that . 

Expand  

If you don't reply to me, I don't need to keep on making the same point.

[placeholder]

  On 5/23/2023 at 7:18 PM, Mac Mickmanus said:

Try this 

 

https://charticulator.com/gallery/gdp_g7_2018_linear.html

Expand  

 

  On 5/23/2023 at 7:18 PM, Mac Mickmanus said:

Try this 

 

https://charticulator.com/gallery/gdp_g7_2018_linear.html

Expand  

These are averages whether mean or median who can say since, let's face it, it's not much of a source you cited. At any rate, let's look at them from a standpoint of income inequality. The higher the number , the greater the inequality:

United States:................... 18.5

United Kingdom ..............13.8

Italy........................................ 11.6

Canada.................................. 9.4

France................................... 9.1

Germany ..............................6.9

Japan.................................... 4.5

 

https://en.wikipedia.org/wiki/List_of_countries_by_income_equality

 

 

 

 

 

 

[Mac Mickmanus]

  On 5/23/2023 at 8:23 PM, placeholder said:

 

These are averages whether mean or median who can say since, let's face it, it's not much of a source you cited. At any rate, let's look at them from a standpoint of income inequality. The higher the number of the Gini coefficient, the greater the inequality:

United States:................... 18.5

United Kingdom ..............13.8

Italy........................................ 11.6

Canada.................................. 9.4

France................................... 9.1

Germany ..............................6.9

Japan.................................... 4.5

 

 

 

 

 

 

 

 

Expand  

Could you give  me a quick explanation as to what the USA and Japan have got to do with the UK and Brexit ?

    What is the connection ? 

[placeholder]

  On 5/23/2023 at 8:25 PM, Mac Mickmanus said:

Could you give  me a quick explanation as to what the USA and Japan have got to do with the UK and Brexit ?

    What is the connection ? 

Expand  

Just to show that GDP per capita is an inadequate way of measuring how well an economy is performing.