| Brexit uncertainty costing the UK £600 million a week on 21:19 - Apr 2 with 4445 views | MJallday |
Can we put that on the side of a bus? |  |
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| Brexit uncertainty costing the UK £600 million a week on 21:25 - Apr 2 with 4438 views | bournemouthblue |
| Brexit uncertainty costing the UK £600 million a week on 21:19 - Apr 2 by MJallday |
Can we put that on the side of a bus? |
better not to mention it is sponsored by Goldman Sachs mind you |  |
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| Brexit uncertainty costing the UK £600 million a week on 21:27 - Apr 2 with 4427 views | wkj |
| Brexit uncertainty costing the UK £600 million a week on 21:19 - Apr 2 by MJallday |
Can we put that on the side of a bus? |
Once its proven to be a lie we can |  |
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| Brexit uncertainty costing the UK £600 million a week on 22:58 - Apr 2 with 4387 views | Lord_Lucan |
I have no idea about the figures but the headline is correct
"Uncertainty" |  |
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| Brexit uncertainty costing the UK £600 million a week on 06:55 - Apr 3 with 4274 views | Darth_Koont |
This is what we're dealing with and choosing between. Basically, no-deal is insanity and far too punitive for the UK to ever have worked as a negotiating tactic. And remaining is an absolute no-brainer.
"In a no-deal Brexit, a scenario Goldman sees a 15 percent chance of, UK GDP would fall by 5.5 percent and a “substantial” global confidence shock would see sterling depreciate by 17 percent.
European countries would be most exposed to this scenario, the economists estimated, and could see output losses of around 1 percent of real GDP.
A Brexit transition deal would reverse part of Britain’s economic output lag, with limited foreign spill-overs, they said, estimating UK GDP would grow by a cumulative 1.75 percent and sterling would appreciate by 6 percent.
A scenario in which Britain remains in the EU after all would see it fully recoup Brexit-related output costs and drive a rebound in business confidence while sterling would appreciate by 10 percent." |  |
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| Brexit uncertainty costing the UK £600 million a week on 07:08 - Apr 3 with 4254 views | BloomBlue |
Good old Goldmans the banking experts who completely missed the biggest banking crash for 70 years was coming. Always trust a banker with financial forecasting. |  | | |
| Brexit uncertainty costing the UK £600 million a week on 07:14 - Apr 3 with 4239 views | Darth_Koont |
| Brexit uncertainty costing the UK £600 million a week on 07:08 - Apr 3 by BloomBlue |
Good old Goldmans the banking experts who completely missed the biggest banking crash for 70 years was coming. Always trust a banker with financial forecasting. |
But you'd trust certain politicians who say everything is going to be great even with a no-deal?!!
These figures (and the relative impact of the different scenarios) are in the ballpark of others I've seen. Let's see the figures you're working with. | |
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| Brexit uncertainty costing the UK £600 million a week on 07:14 - Apr 3 with 4240 views | Bluefish |
| Brexit uncertainty costing the UK £600 million a week on 07:08 - Apr 3 by BloomBlue |
Good old Goldmans the banking experts who completely missed the biggest banking crash for 70 years was coming. Always trust a banker with financial forecasting. |
Good point. The banking crisis wasn't predicted so never trust any of the banking experts ever again. However do trust all racists in hi-viz |  |
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| Brexit uncertainty costing the UK £600 million a week on 07:15 - Apr 3 with 4227 views | BanksterDebtSlave |
| Brexit uncertainty costing the UK £600 million a week on 07:08 - Apr 3 by BloomBlue |
Good old Goldmans the banking experts who completely missed the biggest banking crash for 70 years was coming. Always trust a banker with financial forecasting. |
They almost certainly have no financial positions on the outcome! |  |
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| Brexit uncertainty costing the UK £600 million a week on 07:16 - Apr 3 with 4225 views | footers |
+2% of GDP down the drain.
But whatever you do, don't blame Brexit...
Oh, and we haven't even left yet!  |  |
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| Brexit uncertainty costing the UK £600 million a week on 07:19 - Apr 3 with 4214 views | BanksterDebtSlave |
| Brexit uncertainty costing the UK £600 million a week on 06:55 - Apr 3 by Darth_Koont |
This is what we're dealing with and choosing between. Basically, no-deal is insanity and far too punitive for the UK to ever have worked as a negotiating tactic. And remaining is an absolute no-brainer.
"In a no-deal Brexit, a scenario Goldman sees a 15 percent chance of, UK GDP would fall by 5.5 percent and a “substantial” global confidence shock would see sterling depreciate by 17 percent.
European countries would be most exposed to this scenario, the economists estimated, and could see output losses of around 1 percent of real GDP.
A Brexit transition deal would reverse part of Britain’s economic output lag, with limited foreign spill-overs, they said, estimating UK GDP would grow by a cumulative 1.75 percent and sterling would appreciate by 6 percent.
A scenario in which Britain remains in the EU after all would see it fully recoup Brexit-related output costs and drive a rebound in business confidence while sterling would appreciate by 10 percent." |
“While a ‘deal’ would certainly be positive for the UK economy, only ‘no deal’ would trigger substantial spill-over effects, with European countries being most exposed,” they added." | |
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| Brexit uncertainty costing the UK £600 million a week on 07:24 - Apr 3 with 4196 views | footers |
| Brexit uncertainty costing the UK £600 million a week on 07:19 - Apr 3 by BanksterDebtSlave |
“While a ‘deal’ would certainly be positive for the UK economy, only ‘no deal’ would trigger substantial spill-over effects, with European countries being most exposed,” they added." |
Falling out of a trade deal with European countries would tend to suggest they'd be most affected, yes.
Come on, mate- have a fink about it! | |
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| Brexit uncertainty costing the UK £600 million a week on 07:39 - Apr 3 with 4159 views | Darth_Koont |
| Brexit uncertainty costing the UK £600 million a week on 07:19 - Apr 3 by BanksterDebtSlave |
“While a ‘deal’ would certainly be positive for the UK economy, only ‘no deal’ would trigger substantial spill-over effects, with European countries being most exposed,” they added." |
It’s not saying Europe is more exposed than us but other countries around the world. | |
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| Brexit uncertainty costing the UK £600 million a week on 08:21 - Apr 3 with 4075 views | BanksterDebtSlave |
| Brexit uncertainty costing the UK £600 million a week on 07:24 - Apr 3 by footers |
Falling out of a trade deal with European countries would tend to suggest they'd be most affected, yes.
Come on, mate- have a fink about it! |
Like ours, some European politicians are also posturing about no deal for domestic consumption. | |
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| Brexit uncertainty costing the UK £600 million a week on 09:12 - Apr 3 with 4025 views | Darth_Koont |
| Brexit uncertainty costing the UK £600 million a week on 08:21 - Apr 3 by BanksterDebtSlave |
Like ours, some European politicians are also posturing about no deal for domestic consumption. |
There's an argument that they'll do better in the long-term out of no deal. Lots of business and investment would leave Britain or bypass it to be inside the bigger market. | |
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| Brexit uncertainty costing the UK £600 million a week on 09:16 - Apr 3 with 4024 views | Swansea_Blue |
| Brexit uncertainty costing the UK £600 million a week on 07:19 - Apr 3 by BanksterDebtSlave |
“While a ‘deal’ would certainly be positive for the UK economy, only ‘no deal’ would trigger substantial spill-over effects, with European countries being most exposed,” they added." |
From what little I've seen about this, we're substantially more exposed than the other EU countries. Which seems logical although I've no idea if wholly accurate.
https://www.nytimes.com/interactive/2019/02/07/world/europe/brexit-impact-on-eur |  |
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| Brexit uncertainty costing the UK £600 million a week on 09:24 - Apr 3 with 4001 views | chicoazul |
| Brexit uncertainty costing the UK £600 million a week on 07:08 - Apr 3 by BloomBlue |
Good old Goldmans the banking experts who completely missed the biggest banking crash for 70 years was coming. Always trust a banker with financial forecasting. |
Goldman did know it was coming, which is why they were so massively hedged against a lot of their clients positions from 2006 onwards. Of course they knew. |  |
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| Brexit uncertainty costing the UK £600 million a week on 10:00 - Apr 3 with 3962 views | BloomBlue |
| Brexit uncertainty costing the UK £600 million a week on 09:24 - Apr 3 by chicoazul |
Goldman did know it was coming, which is why they were so massively hedged against a lot of their clients positions from 2006 onwards. Of course they knew. |
Blankfein admitted afterwards they never saw it coming. So what you're saying is they lied then and did see it coming. My point precisely never trust a banker they often lie, if they can say anything however fake if it makes them a bigger bonus they will say it. | | | |
| Brexit uncertainty costing the UK £600 million a week on 11:00 - Apr 3 with 3921 views | No9 |
The UK is more exposed because it is very reliant on EU companies for so many things
Logistics, transport, energy, fuel etc. are daily requirements the UK has supplied by EU companies & this is a situation that cannot be easily or quickly changed.
Strangely enough it is the tories that got us to this position in the first place & should have taken that into account before the referendum |  | | |
| Brexit uncertainty costing the UK £600 million a week on 11:16 - Apr 3 with 3911 views | chicoazul |
| Brexit uncertainty costing the UK £600 million a week on 10:00 - Apr 3 by BloomBlue |
Blankfein admitted afterwards they never saw it coming. So what you're saying is they lied then and did see it coming. My point precisely never trust a banker they often lie, if they can say anything however fake if it makes them a bigger bonus they will say it. |
So...he admitted afterwards he never saw it coming, but never trust a banker? Got it.
Here's what you do with these large financial institutions, and politicians, and indeed people in general; you look at what they do/did, not what they say/said. | |
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| Brexit uncertainty costing the UK £600 million a week on 11:24 - Apr 3 with 3907 views | gazzer1999 |
| Brexit uncertainty costing the UK £600 million a week on 06:55 - Apr 3 by Darth_Koont |
This is what we're dealing with and choosing between. Basically, no-deal is insanity and far too punitive for the UK to ever have worked as a negotiating tactic. And remaining is an absolute no-brainer.
"In a no-deal Brexit, a scenario Goldman sees a 15 percent chance of, UK GDP would fall by 5.5 percent and a “substantial” global confidence shock would see sterling depreciate by 17 percent.
European countries would be most exposed to this scenario, the economists estimated, and could see output losses of around 1 percent of real GDP.
A Brexit transition deal would reverse part of Britain’s economic output lag, with limited foreign spill-overs, they said, estimating UK GDP would grow by a cumulative 1.75 percent and sterling would appreciate by 6 percent.
A scenario in which Britain remains in the EU after all would see it fully recoup Brexit-related output costs and drive a rebound in business confidence while sterling would appreciate by 10 percent." |
"And remaining is an absolute no-brainer. " I think you meant remaining is for no brainers. |  | | |
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