Oh Dear, Oh Deary Deary Me

[youngmafbog]

"Germany is facing an even LONGER recession than feared as business morale slumps - while Brexit Britain sees continued growth"


https://www.dailymail.co.uk/news/article-12234437/Germany-facing-LONGER-recession-feared-business-morale-slumps.html

[ichkeria]

"Brexit Britain sees continued growth

Is that actually true?
The last economic forecast I saw showed the UK heading for recession, and growth low
I have no axe to grind here, but one never knows who to believe.

[youngmafbog]

Low growth is growth. Not enough for me either but this is a counter to the usual poster who denigrates Brexit at every opportunity.

[Bobbisox1]

I asked those same people here

https://www.theanswerbank.co.uk/News/Politics/Question1841442.html

And I got from Hymie ( nothing from Gulliver) the same old boring answer and videos he likes to put out

[ToraToraTora]

...that damn brexit!

[Khandro]

I've just been reading a review of a book written by the ex-head of HSBC, by a professor of 'historical finance' who says, "and then there is the existential question, 'what actually IS money? - it is increasingly difficult say in the modern financial world"

So if these guys don't know, what hope is there for the likes of me?

[Gromit]

27 June 2023

// The Bank of England will push the UK into recession by the end of the year in its battle to curb the worst inflation of any Group of Seven economy, according to Bloomberg Economics.

In an analysis published Tuesday, economists Dan Hanson and Ana Andrade say a shallow if protracted downturn is the price of taming an inflation rate that remains stubbornly close to double digits — despite 13 straight interest-rate increases since the end of 2021. //