I remember posting this video to this blog just over 2 years ago. We all warned of the dangers drastically chanfed, but as we’re now officially back in recession, we hate to say we told you so.
Max
I remember posting this video to this blog just over 2 years ago. We all warned of the dangers drastically chanfed, but as we’re now officially back in recession, we hate to say we told you so.
Max
But it was predicted that we would go back into recession by the OoBR mainly due to the continuing Euro crisis, solve that, and lets be honest the only way that is going to happy is when they get rid of it then we will have major growth.
And on a side note, its good to labour picking a winning candidate again (Chessum)
*faceplam* No. No. No. The effective flat-lining of growth long preceded the majority of the largest problems that arose from the Eurozone debt crisis. EU average GDP growth was far higher than the UK’s in 2011
yes but it cheaper and politically advantageous for eurozone countries to increase trading with themselves rather then involve an outsider
By that obscure logic other non-EU states would have the similar poor 0.7% growth we had last year. Oh wait, they didn’t:
Norway – 1.6%
Switzerland – 1.9%
Macedonia – 3%
Turkey (I include this as they want to be a member of EU) – 7.5%
This is all with the EU average for 2011 being 1.5%. That’s right, these countries are doing better than EU Euro countries and us and you certainly can’t say they don’t trade with EU countries.
Please actually think these things through before you comment on here
Turkey a developing country not quite in the same league as brazil, india and china but getting that way, switzerland will always be well off due to people needing secrect bank acounts, Norway does quite well with oil 5 largest export I beleive, plus those countries arnt actually in the EU so arnt completely hampered by its rules and certainly dont have to fork out money to bail it out/pay for it
If you’d actually bothered to read my last comment, I did say those countries were non-EU states. Most of said countries are in margin of error for GDP growth rates based on EU average (with exception of Turkey) which makes your last comment invalid about being “hampered by its rules”. How would you explain some EU member countries that are SO clearly “hampered by its rules” that mean they have higher growth than previously mentioned non-EU states(now pay attention, these are the EU ones. The ones in the previous comment were non-EU):
Austria – 3.1%
Poland – 4.3%
Finland – 2.9%
Iceland (yes even Iceland) – 3.1%
Now make up what ever excuses you want about these countries, but there have been provided a list of countries from the EU and another of non-EU states. They have both debunked your two anecdotal assertions.