Are you still bitter, Mr Sausage?
It's not my fault that Gulliver's wouldn't let you in then you went ape on a poor Thai upon the BTS... &, all over a packet of sausages...
It's not all bad news today.
Dominic Raab is to quit before the next election.
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That's not nice, Cyrille - he's one of my heroes... (&, a pin-up boy for Papillion and Socal.)
10% of the rats have already signalled their intention to jump from the sinking Tory ship.![]()
The Tories are long past their sell by date. That stupid woman with her trickle down economics ideas was so bad that they should have all given up in shame at that point.
(Brexit was good though. Although, I am pleased that I don't actually live in the UK...)
Cycling should be banned!!!
Raab C Brexit, as he was known at the height of the Brexitshitshow, always was tenth rate and only achieved prominence because of Brexit. Although leading the British negotiating team in talks with the EU, albeit briefly, the stupid prick professed utter ignorance of the not entirely insignificant fact that 2 million lorries traversed the Channel from Dover docks annually and the new proposed British controls would lead to long delays. Seven years later they’re still causing chaos as demonstrated only last month in the queues.
Betty is a fucking idiot.
Last edited by Seekingasylum; 24-05-2023 at 12:27 PM.
IMF predictions...the reality
Germany falls into recession as inflation hits economy
Persistent inflation has helped push Germany into recession in the first three months of the year, an upgrade to growth data shows.
Europe's largest economy was also badly affected when Russian gas supplies dried up after the invasion of Ukraine, analysts said.
The economy contracted by 0.3% between January and March, the statistics office said.
That followed a 0.5% contraction in the last three months of last year.
A country is deemed to be in recession when its economy shrinks for two consecutive three-month periods, or quarters.
"Under the weight of immense inflation, the German consumer has fallen to his knees, dragging the entire economy down with him," said Andreas Scheuerle, an analyst at DekaBank.
Germany's inflation rate stood at 7.2% in April, above the euro area's average but below the UK's 8.7%.
Higher prices have weighed on household spending on things such as food, clothing and furniture. Industrial orders are also weaker, reflecting the impact of higher energy prices on businesses.
"The persistence of high price increases continued to be a burden on the German economy at the start of the year," the federal statistics agency Destatis said in a statement.
Which European nations are winning the heat pump race?
Germans split as last nuclear plants are shut down
Why is UK inflation higher than US and Germany?
Originally, the agency had estimated zero growth for the first quarter of this year, suggesting Germany would side-step a recession.
However, the revised figures showed household spending was 1.2% lower than in the previous quarter.
Government spending was 4.9% lower, and car sales also fell after government grants for electric and hybrid cars were scaled back.
The recession was less severe than some had predicted, given Germany's heavy reliance on Russian energy. A mild winter and the reopening of China's economy, helped ease the impact of higher energy prices.
Private sector investment and exports rose, but that was not enough to get Germany out of the "danger zone" for recession, analysts said.
"The early indicators suggest that things will continue to be similarly weak in the second quarter [of 2023]," said LBBW bank analyst Jens-Oliver Niklasch.
However, the German central bank, the Bundesbank, expects the economy to grow modestly in the April to June quarter, with a rebound in industry offsetting stagnating consumer spending.
The IMF has predicted that Germany will be the weakest of the world's advanced economies, shrinking 0.1% this year, after it upgraded its forecast for the UK from minus 0.3% to growth of 0.4%.
Germany falls into recession as inflation hits economy - BBC News
Indeed........
"“The persistence of high price increases continued to be a burden on the German economy at the start of the year,” the country’s statistics office said. “This was particularly reflected in household final consumption expenditure, which was down 1.2 per cent in the first quarter of 2023.”Andreas Scheuerle, an analyst at DekaBank, the German asset manager, said: “Under the weight of immense inflation, the German consumer has fallen to his knees, dragging the entire economy down with him.”
Household consumption fell by 1.2 per cent compared with the previous quarter and government spending dropped by 4.9 per cent, according to the figures. The Bundesbank said in a monthly report that the economy was expected to grow modestly in the second quarter as a rebound in industrial activity would more than offset a slump in household consumption and construction.
The International Monetary Fund upgraded its forecast for Britain this week and predicted that the economy would avoid a recession this year. Its new forecast of 0.7 per cent growth for 2023 means the UK is no longer the laggard of the G7 group of leading nations, as the fund has pencilled in a near-zero growth rate for Germany."
https://www.thetimes.co.uk/article/germany-drops-into-recession-with-0-3-fall-in-gdp-cm7lvsczh
0.7 vs near-zero.
Woohoo.
It is in a special position, though. Statistics are an excellent way to bolster any argument.
Higher unemployment rate . . . GDP of 3.1 vs 4.26 in Germany, Export numbers Germany 1.577 bn, Import 1.494 bn = 83 bn surplus . . . UK 843bn export, import 901 bn . . . ya, no surplus etc etc etc etc . . .
There's a saying that goes something like this . . . if my neighbour loses one arm it doesn't make me feel better having lost two. The Schadenfreude show is quite sad, really, pathetically so.
The UK is in the shitter in many ways, most ways. You need a complete overhaul as the status quo is not working. Clean house politically, economically and socially.
The point is, ignored by all the Brexshitory apologists, loons and general fuckwits, is that the Uk’s departure from the EU and transition into third country status has cost £100 billions annually in lost trade, a sum that has not been, and nor can it be, compensated for by trade links elsewhere. This contraction has exacerbated the UK’s dismal economic performance which will be further hampered by a long period of stagflation that will ensue for the next decade when all the other G7 economies outperform it. The loss of free movement has further stymied growth in constricting the economy’s labour supply, destabilising the agricultural, food processing, fishery and hospitality and leisure sectors.
Britain is fucked and its role as a vital constituent of the EU project has now been superseded by one of growing international irrelevance as its significance wanes.
Britain is of no value and is little more than an ersatz Australia isolated off the coast of Europe.
Poland has now exerted its growing influence dragging the epicentre of EU membership eastwards as it assumes the role of major bulwark against the filthy Russian pigs.
England is really little more than a pantomime joke now, Uncle Sam is resolutely focused on the EU as its pivotal partner in fighting the commie blocs.
UK’s Sterling to USD rate says it all- £1 = $1.23.
s.a.
....... is that the endless stream of loathsome nonsense and infantile nostradamus like brexit related predictions you spout, not one of which has come to pass yet btw, is the result of you gleefully but incorrectly interpreting any negativity, any downward facing graph or chart and all the predictable guardian bullet points and all that boiling hatred you feel towards england on that one event that you find emotionally appealing and that you conveniently cling on to like a drowning man holding on to a float and then pathetically attempting to use it to explain away dozens of unrelated events.The point is, ...
the “brexit caused everything” theory that you continually hammer on about in your repetitive borefests has never been economically valid. in theory, brexit should have impacted the british economy by seriously affecting our trade with the eu, and yet ...... the trade statistics do not show any obvious disruptions, and apart from some temporary paperwork and eu imposed red tape related delays, exports and imports to the eu are continuing as before. look it up.
leaving the eu may not have delivered on its promise to miraculously improve the british economy, but that certainly does not mean that it is to blame for all our present troubles. brexit was a response to our serious economic problems, and not a cause of them.
and look at the economies of the eu right now, no one is doing very well, except the usa, and it appears biden is bribing like a thai to get results there.
long game s.a., a long game, longer than i anticipated i admit, thanks to covid, putin and of course the indolence of the shirk from home british working class and the corrupt marxist unions that control them, but a long game nevertheless.
well you were a bit silly there, it took 40 years of entanglement to get to 2016, it was never going to be an overnight success especially with the EU (as is their right) taking a very admin heavy line with bi-lateral trade - its quite funny really seeing the hoops they put in place and excuses for them being there - but on we move.
^ ooopps here he is, blown off course on a fishing trip
hows that debt ceiling farce you lot tie yourselves up with going![]()
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