Author Topic: The General Political Thread  (Read 399285 times)

0 Members and 2 Guests are viewing this topic.

Offline Olafson

  • FSE Developer
  • ****
  • Posts: 3923
  • #friendsforever
    • View Profile
  • Nick: FSE_Olafson
  • Side: Union
Re: The General Political Thread
« Reply #4770 on: January 14, 2019, 05:41:17 pm »
Can they even do that at this point?

Offline stevve

  • Captain
  • *
  • Posts: 301
  • yeeeeeet
    • View Profile
  • Side: Union
Re: The General Political Thread
« Reply #4771 on: January 14, 2019, 06:06:02 pm »
Can they even do that at this point?
Yep, that would probably lead to years of political unrest in the UK (especially in England).
But it doesn't look like May is staying much longer. ^^

Offline Von Bergen

  • Best Kindergarten Teacher EU West
  • Lieutenant Colonel
  • *
  • Posts: 4807
  • The one and only
    • View Profile
    • 23rd Ts
  • Nick: Jay Mc Lovin
  • Side: Union
Re: The General Political Thread
« Reply #4772 on: January 14, 2019, 06:16:14 pm »

Offline StevenChilton

  • Major
  • *
  • Posts: 1882
    • View Profile
  • Side: Confederacy
Re: The General Political Thread
« Reply #4773 on: January 14, 2019, 06:42:09 pm »
Can they even do that at this point?

Is it legally possible? Yes, but even if it wasn't that doesn't matter. Plenty of illegal things happen in the EU so long as the political will is there.

Now in other news, as Germany heads into recession whilst Britain has the highest GDP growth of any major EU member state, I'd like to take this opportunity to gloat about how wrong Duuring's predictions of economic doom have turned out.  ;)
« Last Edit: January 14, 2019, 06:43:47 pm by StevenChilton »

Offline Big Pete

  • Private
  • *
  • Posts: 49
    • View Profile
Re: The General Political Thread
« Reply #4774 on: January 14, 2019, 06:54:24 pm »
Can they even do that at this point?

Is it legally possible? Yes, but even if it wasn't that doesn't matter. Plenty of illegal things happen in the EU so long as the political will is there.

Now in other news, as Germany heads into recession whilst Britain has the highest GDP growth of any major EU member state, I'd like to take this opportunity to gloat about how wrong Duuring's predictions of economic doom have turned out.  ;)
?
UK had lower gdp growth than Germany and France in 2018. You were probably looking at inflation rate. Plus UK is still a member of EU. 
« Last Edit: January 14, 2019, 06:56:08 pm by Big Pete »

Offline StevenChilton

  • Major
  • *
  • Posts: 1882
    • View Profile
  • Side: Confederacy
Re: The General Political Thread
« Reply #4775 on: January 14, 2019, 07:09:29 pm »
Can they even do that at this point?

Is it legally possible? Yes, but even if it wasn't that doesn't matter. Plenty of illegal things happen in the EU so long as the political will is there.

Now in other news, as Germany heads into recession whilst Britain has the highest GDP growth of any major EU member state, I'd like to take this opportunity to gloat about how wrong Duuring's predictions of economic doom have turned out.  ;)
?
UK had lower gdp growth than Germany and France in 2018. You were probably looking at inflation rate. Plus UK is still a member of EU.

I understand the difference between GDP, inflation, PMI etc. I read investor briefings on a weekly (if not daily) basis for work. Go back and look at the figures again.

Offline Big Pete

  • Private
  • *
  • Posts: 49
    • View Profile
Re: The General Political Thread
« Reply #4776 on: January 14, 2019, 07:27:41 pm »
Can they even do that at this point?

Is it legally possible? Yes, but even if it wasn't that doesn't matter. Plenty of illegal things happen in the EU so long as the political will is there.

Now in other news, as Germany heads into recession whilst Britain has the highest GDP growth of any major EU member state, I'd like to take this opportunity to gloat about how wrong Duuring's predictions of economic doom have turned out.  ;)
?
UK had lower gdp growth than Germany and France in 2018. You were probably looking at inflation rate. Plus UK is still a member of EU.

I understand the difference between GDP, inflation, PMI etc. I read investor briefings on a weekly (if not daily) basis for work. Go back and look at the figures again.
Yep clearly says:
Germany 1.7
France 1.6
UK 1.3

Offline StevenChilton

  • Major
  • *
  • Posts: 1882
    • View Profile
  • Side: Confederacy
Re: The General Political Thread
« Reply #4777 on: January 14, 2019, 08:21:59 pm »
Pete, Q4 figures for 2018 haven't even been released yet. Where are you getting your information from?

Offline Big Pete

  • Private
  • *
  • Posts: 49
    • View Profile
Re: The General Political Thread
« Reply #4778 on: January 14, 2019, 08:53:22 pm »
Pete, Q4 figures for 2018 haven't even been released yet. Where are you getting your information from?
Goldman Sachs Global Investment Research

Edit:
big link

Also it is not just German recession it is whole world if you haven't noticed. Untill Federal Reserve isn't killed this will keep repeating.
« Last Edit: January 14, 2019, 10:42:37 pm by Big Pete »

Offline Riddlez

  • Major
  • *
  • Posts: 4847
    • View Profile
  • Nick: Riddlez
  • Side: Neutral
Re: The General Political Thread
« Reply #4779 on: January 14, 2019, 10:22:00 pm »
This is for the second quarter in 2018
First quarter as compared to year before.
For 2017
total of 2018 and projections for 2019 and 2020

I really think you should read the briefings more carefully


That's EU, Statista and World Bank sources. The last one is the Guardian but really Steve?
Probably one of the very few old-timers here who hasn't been a regimental leader.

Offline Sgt.Winters

  • Captain
  • *
  • Posts: 2017
  • Wut
    • View Profile
  • Nick: look at me
  • Side: Union
Re: The General Political Thread
« Reply #4780 on: January 14, 2019, 11:01:06 pm »
Thank God Greece is projected to gain more than 1.0.

Offline Von Bergen

  • Best Kindergarten Teacher EU West
  • Lieutenant Colonel
  • *
  • Posts: 4807
  • The one and only
    • View Profile
    • 23rd Ts
  • Nick: Jay Mc Lovin
  • Side: Union
Re: The General Political Thread
« Reply #4781 on: January 14, 2019, 11:09:59 pm »
Can they even do that at this point?

Is it legally possible? Yes, but even if it wasn't that doesn't matter. Plenty of illegal things happen in the EU so long as the political will is there.

Now in other news, as Germany heads into recession whilst Britain has the highest GDP growth of any major EU member state, I'd like to take this opportunity to gloat about how wrong Duuring's predictions of economic doom have turned out.  ;)
How the fuck are we heading into recession? And that the gross domestic product of a nation that is just about to isolate themself from the biggest (once again) domestic market is not any sign for a developing economy but just a sign that the british have reason enough to prepare their economy to be more self sustainable as they will lack ton of shit from markets they had access to before.


Offline StevenChilton

  • Major
  • *
  • Posts: 1882
    • View Profile
  • Side: Confederacy
Re: The General Political Thread
« Reply #4782 on: January 15, 2019, 12:05:03 am »
I really think you should read the briefings more carefully

Riddlez you're selectively quoting quarters rather than looking at 2018 as a whole, then putting forward irrelevant projections for 2019/2020 which have already been proven wrong. For example that Guardian article is based on EU projections that have already been made to look ridiculous given recent economic news out of France and especially Germany. This is the published 2018 data thus far which show the UK is the fastest growing major EU economy:
Q1-UK 0.1%, GER 0.4%, FRA 0.2%, ITA 0.3%
Q2-UK 0.4%, GER 0.5%, FRA 0.2%, ITA 0.2%
Q3-UK 0.6%, GER -0.2%, FRA 0.3%, ITA -0.1%

Q4 is yet to be published but based on PMI data, business confidence surveys (etc) they all point to a second consecutive quarter of German economic contraction, which is the technical definition of a recession.
https://www.marketwatch.com/story/heres-why-europes-biggest-economy-is-in-danger-of-entering-a-technical-recession-2019-01-14

And Pete, that Goldman document is itself a forecast which shouldn't be taken as factual economic data. For example here's what they forecasted for Germany:
Quote
At -0.2%qoq, Q3 GDP growth was significantly weaker than we expected (before Euro area Q3 GDP had been published)...While growth has decelerated from last year’s 2.5%yoy pace, these two factors exaggerate the weakness in Q3 and point to a Q4 rebound

They acknowledged they got it wrong for Q3, made up some excuses as to why that was the case and then made a Q4 prediction that's now totally wrong too. You gonna trust their 2019 and 2020 predictions? Lol.

Offline Olafson

  • FSE Developer
  • ****
  • Posts: 3923
  • #friendsforever
    • View Profile
  • Nick: FSE_Olafson
  • Side: Union
Re: The General Political Thread
« Reply #4783 on: January 15, 2019, 05:12:12 am »
The only thing I trust in is my AR-15

Offline Olafson

  • FSE Developer
  • ****
  • Posts: 3923
  • #friendsforever
    • View Profile
  • Nick: FSE_Olafson
  • Side: Union
Re: The General Political Thread
« Reply #4784 on: January 15, 2019, 05:31:41 am »
Joke, I only own beautiful guns.