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Thread: Project Fear: Britain with a 0.4% recession in December

  1. #11
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    Indy = the Independent Newspaper. A notoriously biased publication in favor of EU membership - the Remain version of the Daily Express.

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    Quote Originally Posted by El Jefe View Post
    Indy = the Independent Newspaper. A notoriously biased publication in favor of EU membership - the Remain version of the Daily Express.
    Ouch!! The Express is about at the same level as the Beano. The Indy, while "forceful" in its position, is some way ahead of the Express, which is just complete rubbish.
    Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.

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    Its a fair point the global economy affects the EU through Germany more than we ever realise,as we import 53% of our imports from the EU,it just shows we need to break away before it drags the UK economy down with it.Good news today trade deal with Switzerland signed.
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    BBC 6 o'clock News seem to be overly happy to report how bad the economy is doing thanks to Brexit, with only 1.4% growth. Their headline was very dramatic, but they fail to mention what else was going on in the world, let alone EU. Towards the end of their piece, they have some city lady and Phil Hammond pointing out that the world is having problems, but the main message from BBC is that we are ****ed.

    Brexit is an issue, but laying the blame for everything, all the time at Brexit's feet is getting boring. For example, JLR (who BBC also include in their report) have cocked up by not reacting to diesel and relying too much on China - rather than someone at JLR admit they got it very wrong, they use Brexit as the reason. Diesel - OK is both EU and other governments falling out of love with it, while China is China. Neither have anything what so ever to do with Brexit.
    Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.

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    Quote Originally Posted by boggart View Post
    BBC 6 o'clock News seem to be overly happy to report how bad the economy is doing thanks to Brexit, with only 1.4% growth. Their headline was very dramatic, but they fail to mention what else was going on in the world, let alone EU. Towards the end of their piece, they have some city lady and Phil Hammond pointing out that the world is having problems, but the main message from BBC is that we are ****ed.

    Brexit is an issue, but laying the blame for everything, all the time at Brexit's feet is getting boring. For example, JLR (who BBC also include in their report) have cocked up by not reacting to diesel and relying too much on China - rather than someone at JLR admit they got it very wrong, they use Brexit as the reason. Diesel - OK is both EU and other governments falling out of love with it, while China is China. Neither have anything what so ever to do with Brexit.
    No to be fair,somewhere in the middle,they stuck in an economist who said it is a global slowdown.What they failed to mention which I did,is if the German economy takes a hit which it has,we all take one.This is what needs to stop.So we have to stop the EU.
    By the way Carney said no such thing.
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    Sheeps if you are referring to the lady economist before Hammond came on, I did acknowledge that. But I am presuming you saw it, so would you agree that their headline was hugely alarmist especially when taking the UK in isolation?
    Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.

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    Quote Originally Posted by boggart View Post
    Sheeps if you are referring to the lady economist before Hammond came on, I did acknowledge that. But I am presuming you saw it, so would you agree that their headline was hugely alarmist especially when taking the UK in isolation?
    I certainly couldn't disagree on the headline part Boggart,it was on in the background that's how I knew they slipped her in between the psychology.I am not saying anybody was meant to notice though.
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    Quote Originally Posted by Rei View Post
    The UK economy shrank by 0.4 per cent in December amid deepening uncertainty about the country’s future after Brexit. Analysts had predicted zero growth for the month.
    The latest official data showed GDP suffered a sharp slowdown during the final three months of 2018, expanding by just 0.2 per cent between October and December, down from 0.6 per cent in the previous three months.
    Annual growth dropped to a six-year low of 1.4 per cent in 2018, with economists warning the slowdown would likely continue into this year unless a Brexit deal is agreed.


    In addition to Brexit, Britain’s economy is also facing a fallout from a trade war between the US and China, and weakness in the eurozone where Italy has fallen into its third recession in a decade.
    The services sector, which includes a range of industries from hospitality to accountancy, grew 0.3 per cent over the quarter but manufacturing shrank 0.9 per cent, the Office for National Statistics said.

    https://www.independent.co.uk/news/b...-a8773286.html
    Yeah....and guess what? - We are still in the EU....albeit, with all this uncertainty....but then again, the last time the UK has a similar economic blip, we were well and truly in the EU then too......even before Brexit had been mooted!!

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    Quote Originally Posted by boggart View Post
    Ouch!! The Express is about at the same level as the Beano. The Indy, while "forceful" in its position, is some way ahead of the Express, which is just complete rubbish.
    A bit unfair,if you want another story about Diana or how we are going to suffer a weather event of a magnitude never experienced before (till next week) the Express has no equal.
    To paraphase one of our last great political leaders Winston Spencer Churchill "Never in the field of British politics and Brexit was so much expected by so many of so few......only to be bitterly disappointed"

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    Quote Originally Posted by Junckrfu View Post
    Its not really project fear if it is a factual event.

    Project fear is like saying army on the streets, no food, no medicine.....that is project fear.


    Just a bit of rabble rousing in my opinion.
    Well, right now we could witness the second coming of a divine being I do not personally believe in but some on here do, and Laura K would report for the BBC that Brexit meant The Pope had instructed him to to refuse to redeem the souls of Brexiteers...

    In fact didn't she just do exactly that after Tusk revealed he and Barnier had summoned Satan to seal just such a deal ?
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    "The Inland Revenue is not slow, and quite rightly, to take every advantage which is open to it under the Taxing Statutes for the purposes of depleting the taxpayer's pocket. And the taxpayer is in like manner entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Inland Revenue"

    Lord Clyde: "Ayrshire Pullman Motor Services V Inland Revenue, 1929"

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