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Thanks Liz 08:13 - Jan 31 with 11712 viewsStokieBlue

The UK economy will be the only economy in the G7 predicted to shrink in 2023. Even sanction hit Russia is predicted to manage 0.3% growth.

https://www.theguardian.com/business/2023/jan/31/britain-only-g7-economy-expecte

SB

Edit: Sorry Herbs, didn't see your thread
[Post edited 31 Jan 2023 8:13]
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Thanks Liz on 16:26 - May 23 with 2132 viewsGlasgowBlue

Thanks Liz on 16:13 - May 23 by StokieBlue

Seems odd to suggest one analysis was wrong by pointing to another analysis by the same people as evidence that it was wrong when you believe they are always wrong.

SB


Not really. The one consistency of IMF forecasts is that they have had to revise the UK upwards every year since 2016.

That's why I am surprised that intelligent people gleefully post their negative predictions at the beginning of the year as if they are a statement of fact.

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Thanks Liz on 16:36 - May 23 with 2101 viewsbrazil1982

Thanks Liz on 16:26 - May 23 by GlasgowBlue

Not really. The one consistency of IMF forecasts is that they have had to revise the UK upwards every year since 2016.

That's why I am surprised that intelligent people gleefully post their negative predictions at the beginning of the year as if they are a statement of fact.


Perhaps the thread could be re-titled "Thanks to Rishi for proving the IMF wrong".

I doubt it though.
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Thanks Liz on 16:58 - May 23 with 2032 viewsGlasgowBlue

Thanks Liz on 16:36 - May 23 by brazil1982

Perhaps the thread could be re-titled "Thanks to Rishi for proving the IMF wrong".

I doubt it though.


Not going to happen.

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Thanks Liz on 17:04 - May 23 with 2031 viewsblueasfook

Thanks Liz on 15:48 - May 23 by GlasgowBlue

Or not. IMF have upgraded their forecast to higher growth than Germany. Surprised not to see a correction on here.


Did Germany leave the EU on the quiet or something?

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Thanks Liz on 17:29 - May 23 with 2014 viewsDJR

Thanks Liz on 15:48 - May 23 by GlasgowBlue

Or not. IMF have upgraded their forecast to higher growth than Germany. Surprised not to see a correction on here.


If growth does improve more than expected before the next election, it strikes me that there could be parallels with 1997, with Major then, and Sunak now, getting no credit for turning things round because of previous events and mistakes, and a general feeling that the Tories' time is up after a long period in office.
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Thanks Liz on 17:35 - May 23 with 1993 viewsDanTheMan

Thanks Liz on 16:26 - May 23 by GlasgowBlue

Not really. The one consistency of IMF forecasts is that they have had to revise the UK upwards every year since 2016.

That's why I am surprised that intelligent people gleefully post their negative predictions at the beginning of the year as if they are a statement of fact.


I'm not sure going from worst to second worst is really a cause for celebration.

Fundamentally I doubt anyone really cares whether GDP growth is 0.5% or 0.7% or 1.2% if wage growth is stagnant and food is still 20% more expensive. Fun for the political geeks among us, including myself though.

It's good that we look to be having a little more growth though, especially after the damage Truss caused.

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Thanks Liz on 17:41 - May 23 with 1983 viewsgiant_stow

Thanks Liz on 17:35 - May 23 by DanTheMan

I'm not sure going from worst to second worst is really a cause for celebration.

Fundamentally I doubt anyone really cares whether GDP growth is 0.5% or 0.7% or 1.2% if wage growth is stagnant and food is still 20% more expensive. Fun for the political geeks among us, including myself though.

It's good that we look to be having a little more growth though, especially after the damage Truss caused.


I don't even nearly know enough about economics to say the following, but I wonder if current record high immigration is boosting these figures a bit? It would make sense as an explanation of how there could be growth for the country, but not individuals within, given more or less everyone feels more skint right now.

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Thanks Liz on 17:55 - May 23 with 1939 viewsDJR

Thanks Liz on 17:41 - May 23 by giant_stow

I don't even nearly know enough about economics to say the following, but I wonder if current record high immigration is boosting these figures a bit? It would make sense as an explanation of how there could be growth for the country, but not individuals within, given more or less everyone feels more skint right now.


I am no expert either, but this hot off the press suggests immigration does boost growth.



On the other hand, the following (also hot off the press) appears to be an example of the adverse impact of Brexit on growth.



The funny thing about GDP is that increased hospital visits in winter apparerently add to growth.
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Thanks Liz on 18:09 - May 23 with 1908 viewschicoazul

We live in a post-economists economy.

In the spirit of reconciliation and happiness at the end of the Banter Era (RIP) and as a result of promotion I have cleared out my ignore list. Look forwards to reading your posts!
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Thanks Liz on 18:21 - May 23 with 1881 viewsHARRY10

Thanks Liz on 15:48 - May 23 by GlasgowBlue

Or not. IMF have upgraded their forecast to higher growth than Germany. Surprised not to see a correction on here.


Ooh look children, rightie is misrepresenting the available information, yet again. And the irony of this cap doffer using IMF predictions, when he has previously rubbished them, will not be missed.

There are 27 countries in the EU, so it is not unlikely the UK may record better growth figures for one month. Not all, but one country. And no context to that either - as almost all five years old s will grow more than almost everyone on here. But by righties thinking, it means they are taller than us all. So shall we have a look

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

The trick there is to not look at the publishe figures by the IMF, but to believe our resident cap doffer. Rather like ignoring the facts and trusting something written on the side of a bus.

All really sad when you think about it. Much as with the misinformation spouted about Braverman*by righties - which turned out to be lies as well. Surely there must be more than a 'them's our betters' mentality that causes such blind subservience to the point of spouting/posting blatant lies ?


*why Sunak is carrying out an investigation himself when he has an independent adviser to do this for him, and which sits rather uneasily with bleats on here and elsewhere that the media were wrong to focus on this breach of ministerial when there was Sunaks visits to Iceland and Japan to focus on, never mind the waiting lists, sht in the rivers, potholes, failing railways.......perhaps it is important after all, as non cap doffers knew
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Thanks Liz on 18:31 - May 23 with 1862 viewsGlasgowBlue

Thanks Liz on 18:21 - May 23 by HARRY10

Ooh look children, rightie is misrepresenting the available information, yet again. And the irony of this cap doffer using IMF predictions, when he has previously rubbished them, will not be missed.

There are 27 countries in the EU, so it is not unlikely the UK may record better growth figures for one month. Not all, but one country. And no context to that either - as almost all five years old s will grow more than almost everyone on here. But by righties thinking, it means they are taller than us all. So shall we have a look

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

The trick there is to not look at the publishe figures by the IMF, but to believe our resident cap doffer. Rather like ignoring the facts and trusting something written on the side of a bus.

All really sad when you think about it. Much as with the misinformation spouted about Braverman*by righties - which turned out to be lies as well. Surely there must be more than a 'them's our betters' mentality that causes such blind subservience to the point of spouting/posting blatant lies ?


*why Sunak is carrying out an investigation himself when he has an independent adviser to do this for him, and which sits rather uneasily with bleats on here and elsewhere that the media were wrong to focus on this breach of ministerial when there was Sunaks visits to Iceland and Japan to focus on, never mind the waiting lists, sht in the rivers, potholes, failing railways.......perhaps it is important after all, as non cap doffers knew


[Post edited 23 May 2023 18:40]

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Thanks Liz on 18:36 - May 23 with 1864 viewsArnoldMoorhen

Thanks Liz on 10:09 - Jan 31 by blueasfook

Did you watch Newsnight last night? There was an interesting debate on Brexit. I think the main issue has been the lack of new trade deals agreed. Tories are guilty for that. Once we do our trade deals with various other countries then things should be better. Sadly the tories have been too busy infighting and done sod all about where Britain goes next after Brexit.


Read this:

https://www.amazon.co.uk/All-Countries-Weve-Ever-Invaded/dp/0752479695

Then let me know which countries will be queueing up to do us a favour!

One of the many real tragedies of Brexit was that its most enthusiastic supporters were so blissfully unaware that there would be so many countries quite happy to watch us sink, and in no rush to reach out a hand to help us.

The problem with the "We just need to do our own trade deals" line is that it takes two sides to do a deal, and all the other countries know that they can wait until we are more desperate, so that they get a better deal.
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Thanks Liz on 18:51 - May 23 with 1828 viewseireblue

Thanks Liz on 15:48 - May 23 by GlasgowBlue

Or not. IMF have upgraded their forecast to higher growth than Germany. Surprised not to see a correction on here.


Can I state, that I am not surprised that a thread that was 2.75months old, was never revisited.
There can’t be that many threads over that timescale that do get revisited.

I wonder, what percentage of threads of that age, do stay top of mind for people.

Surely a person that is interested in stats and forecasting and looking back would calculate such a thing.

Then over the summer we could have a quantifiable metric of surprise when threads are resumed.
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Thanks Liz on 18:58 - May 23 with 1803 viewsBuhrer

Thanks Liz on 18:31 - May 23 by GlasgowBlue

[Post edited 23 May 2023 18:40]


You have now edited your last obnoxious gif, though both do seem intended as mental health slurs.
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Thanks Liz on 19:04 - May 23 with 1783 viewsGlasgowBlue

Thanks Liz on 18:58 - May 23 by Buhrer

You have now edited your last obnoxious gif, though both do seem intended as mental health slurs.


I'm getting a little fed up with this stalking from you. So you are going on the div list. FYI Harry is know as Mad Harry and his posts are him literally barking at the moon.

A little ironic that you seem to be taking the moral high ground after making insulting and dangerous covid conspiracy theory posts on here.

Now fcuk off and find somebody else to obesess over.

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Thanks Liz on 19:07 - May 23 with 1769 viewsBuhrer

Thanks Liz on 19:04 - May 23 by GlasgowBlue

I'm getting a little fed up with this stalking from you. So you are going on the div list. FYI Harry is know as Mad Harry and his posts are him literally barking at the moon.

A little ironic that you seem to be taking the moral high ground after making insulting and dangerous covid conspiracy theory posts on here.

Now fcuk off and find somebody else to obesess over.


Eh, stalking? Isn't our posting histories open to all? I think I last replied to one of yours some time ago.

Calm down eh. If the board Tory is on a iz truss thread posting pictures insinuating someone is mentally unwell...
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Thanks Liz on 20:22 - May 23 with 1698 viewsMattinLondon

Thanks Liz on 19:04 - May 23 by GlasgowBlue

I'm getting a little fed up with this stalking from you. So you are going on the div list. FYI Harry is know as Mad Harry and his posts are him literally barking at the moon.

A little ironic that you seem to be taking the moral high ground after making insulting and dangerous covid conspiracy theory posts on here.

Now fcuk off and find somebody else to obesess over.


You’re a strange one. You’re quite a prolific poster and so as in life, the louder ones get more attention. It’s not the first time you’ve concluded that other posters are obsessed by you - they aren’t, they are simply replying to you being a prolific poster.

And then you make a big song-and-dance about div listing posters. Odd.
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Thanks Liz on 20:28 - May 23 with 1687 viewsnoggin

Thanks Liz on 20:22 - May 23 by MattinLondon

You’re a strange one. You’re quite a prolific poster and so as in life, the louder ones get more attention. It’s not the first time you’ve concluded that other posters are obsessed by you - they aren’t, they are simply replying to you being a prolific poster.

And then you make a big song-and-dance about div listing posters. Odd.


The guy's a narcissist.

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Thanks Liz on 20:30 - May 23 with 1667 viewsGlasgowBlue

Thanks Liz on 20:28 - May 23 by noggin

The guy's a narcissist.


Pile On Alert!!!!!!!!

Hey Noggin, are you still excusing serious sexual assault as "nowt but a bit of bum tickling"?
[Post edited 23 May 2023 20:34]

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Thanks Liz on 20:34 - May 23 with 1641 viewsSwansea_Blue

Thanks Liz on 17:04 - May 23 by blueasfook

Did Germany leave the EU on the quiet or something?


Don't mention the war Pike!!


Balls, I think I'm muddling up my TV programmes.

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Thanks Liz on 20:38 - May 23 with 1607 viewsMattinLondon

Thanks Liz on 20:30 - May 23 by GlasgowBlue

Pile On Alert!!!!!!!!

Hey Noggin, are you still excusing serious sexual assault as "nowt but a bit of bum tickling"?
[Post edited 23 May 2023 20:34]


It’s not a pile-on. Anyway, you are more than happy to contribute to other pile-ons so please don’t play the victim.
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Thanks Liz on 20:38 - May 23 with 1609 viewsStokieBlue

Thanks Liz on 20:30 - May 23 by GlasgowBlue

Pile On Alert!!!!!!!!

Hey Noggin, are you still excusing serious sexual assault as "nowt but a bit of bum tickling"?
[Post edited 23 May 2023 20:34]


Without wanting to get involved in anything that may be considered a pile-on, isn't it also a bit odd to moan about people being obsessive when you have hunted out this thread and bumped it from January?

I'm just trying to square the logic here.

It could easily have been a new thread talking about the new analysis performed with new data. There was clearly only one reason to bump and old thread.

SB
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Thanks Liz on 20:43 - May 23 with 1595 viewsSwansea_Blue

Thanks Liz on 15:48 - May 23 by GlasgowBlue

Or not. IMF have upgraded their forecast to higher growth than Germany. Surprised not to see a correction on here.


It's not looking great buh. Personally, I hoped the sunlit uplands would have delivered us to a place ahead of Yemen and other war zones. Sweden though?!

https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD

You're right of course that forecasts are only that and likely to be revised. I'm with you 100% on that. Scoring points off the precision of their predictions is pointless. But we don't really need to in this case. The general direction of travel is clear, with evidence that this experiment is failing coming in every day. It's about time we admitted is was a mistake and then we can actually start to plan to put things right. While people still try to defend it, we're donald ducked.

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Thanks Liz on 20:47 - May 23 with 1573 viewsGlasgowBlue

Thanks Liz on 20:38 - May 23 by StokieBlue

Without wanting to get involved in anything that may be considered a pile-on, isn't it also a bit odd to moan about people being obsessive when you have hunted out this thread and bumped it from January?

I'm just trying to square the logic here.

It could easily have been a new thread talking about the new analysis performed with new data. There was clearly only one reason to bump and old thread.

SB


Without wanting to join a pile on can I please join the pile on


"Hunted out this thread" sounds like some sort of military operation. When in reality, the news about the revised IMF projections came on the tv, I recalled people posting negative projections from earlier in the year, googled TWTD IMF, and then replied to the thread.

Why start a new thread on the 2023 IMF projections when one already exists?

Of course the lesson in this is to never use projections as a statement of fact in order to bolster your own perspective.
[Post edited 23 May 2023 20:48]

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Poll: What will be announced first?
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Thanks Liz on 20:58 - May 23 with 1541 viewsStokieBlue

Thanks Liz on 20:47 - May 23 by GlasgowBlue

Without wanting to join a pile on can I please join the pile on


"Hunted out this thread" sounds like some sort of military operation. When in reality, the news about the revised IMF projections came on the tv, I recalled people posting negative projections from earlier in the year, googled TWTD IMF, and then replied to the thread.

Why start a new thread on the 2023 IMF projections when one already exists?

Of course the lesson in this is to never use projections as a statement of fact in order to bolster your own perspective.
[Post edited 23 May 2023 20:48]


Not entirely convinced that asking a sensible and polite question is part of a pile-on.

In your bump you've used a projection as a statement of fact. A projection from the very people you claim can't make accurate projections.

The posting in this thread has been very strange today, perhaps it's the supernova.

SB
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