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akabula
28 Jul 21 23:17
Joined:
Date Joined: 13 Mar 08
| Topic/replies: 44,302 | Blogger: akabula's blog
To bounce back by 7% according to the IMF.

https://twitter.com/AgentP22/status/1420283529255084039/photo/1
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Report akabula July 29, 2021 12:34 AM BST
What mess? Look about you, everything beginning to swing into place.
We've never had it so good.
Report ----you-have-to-laugh--- July 29, 2021 12:40 AM BST
Was it 9.8% fall in 2020

Thanks brexit
Report ----you-have-to-laugh--- July 29, 2021 12:41 AM BST
Lies, tory lies, and statistics
Report akabula July 29, 2021 12:42 AM BST
Don't anybody mention Covid19.
Report Wallflower July 29, 2021 12:42 AM BST
jeez,some things never change.

poor old aka trawling the express or some such like for 'good news'.

Thats right Brexit-Uk to conquer the world,  yeah, yeah, whatever.........scots independence is happening...prepare yourself.... thank you Brexit.

I know this, so do you, sense your paranoia (justified)... but c'est la vie as they say in the world's most beautiful language
Report jollyswagman July 29, 2021 12:43 AM BST
there was a big pandemic fall and there will be a jump back which wont take us back to where we were.

claiming 'we have never had it so good' is obviously a stupid thing to claim.
Report ----you-have-to-laugh--- July 29, 2021 12:47 AM BST
100 x 0.902 x 1.07 = 0.965

About 3.5% down

Cheers brexit
Report ----you-have-to-laugh--- July 29, 2021 12:49 AM BST
1.00 x 0.902 x 1.07 = 0.965
Report Giuseppe July 29, 2021 12:50 AM BST
i've certainly had it better

haven't a pot to piss in
Report jollyswagman July 29, 2021 12:50 AM BST
i am waiting for akabula to 'school me' Laugh
Report akabula July 29, 2021 12:53 AM BST
You still haven't paid me for your last lessons JS.
See Guiseppe okay for a right few quid and we'll call it quits.
Report jollyswagman July 29, 2021 12:58 AM BST
you are a low information poster akabula, you post lots of pictures, your picture of an orange on the rangers football thread says lots about you.

you troll as, when faced with facts that contravene your set beliefs, you cannot cope.

keep digging.
Report akabula July 29, 2021 1:00 AM BST
JS triggered lol.
Report jollyswagman July 29, 2021 1:02 AM BST
Laugh

caught telling lies, the troll has few options.
Report Giuseppe July 29, 2021 1:19 AM BST
JS send me a PM and I'll give you my paypal details
Report Giuseppe July 29, 2021 1:20 AM BST
profitable night tonight for me on the forum Cool
Report Giuseppe July 29, 2021 1:20 AM BST
WT, JS

can we make it a hat trick
Report clouded leopard July 29, 2021 11:58 AM BST
lol

the economy is in the sh itt er full stop


that's the world economy btw

since a very long time ago



and still the central banks peddle lie after lie

the only reason world markets hold up is due to exponential printing and stimulus which does not equate to organic growth



up next currency crisis
when ?

who knows with these clowns in charge

already happening around the globe and it'll arrive eventually
Report clouded leopard July 29, 2021 12:03 PM BST
Wonder how much of GDP lost through everyday activity/small business owners/middle class vehicles has been replaced by the Covid industry ?


Wonder how much climate change and supposed infrastructure spending will also bolster GDP  ?


They are making a world for themselves and creating brand new bubble factories - only way to elongate the life of a monetary system constantly raped by the Oligarchs
Report Giuseppe July 29, 2021 1:26 PM BST
I wish someone would bolster my GDP
Report n88uk July 29, 2021 1:49 PM BST

Jul 28, 2021 -- 6:21PM, akabula wrote:


In line with the USA but ahead of Canada 6.3, Spain 6.2, France 5.8, Italy 4.9, Germany 3.6 and Japan 2.8.Our success with the vaccine has been a boost to our recovery. Bet this will sadden quite a few on here.


This is literally the oldest con trick in the book.

Of course the bounce back is higher if you suffered the worst damage in the first place, the nations here have less to recover, so the bounce back is less. Even with these predicted recoveries, the UK is still the net worst performing economy in the pandemic from the countries you've listed.

Report lfc1971 July 29, 2021 1:55 PM BST
If you have suffered the most the bounce back is more difficult
Well done Britain
Report markzzz July 29, 2021 2:30 PM BST
Whether our economy dipped more, or less, or the same as other economies, this is still good news.

Anybody demeaning the forecast (not guess, but forecast) that we will have the highest growth in the G7 is either not British, or is so blinkered in their political opinions that they would rather the economy worsened than admit that things are going well - and that is a position of which such people should be ashamed.

Regardless of the past performance, regardless of Brexit, all Brits should be happy that things are improving nicely. I can not envisage a circumstance where I would not welcome such positive economic news, and feel genuinely sorry for anybody who is so bitter that they would prefer the economy to tank.
Report ----you-have-to-laugh--- July 29, 2021 2:35 PM BST
We suffered the most because of brexit
Report clouded leopard July 29, 2021 2:59 PM BST
Why the fk should all brits be happy that the IMF is forecasting a bounce back from the dark beyond that won't get us back to where we were in the first place ?


It's like sticking a bow tie around a rather humungous turd


A lot of people are suffering very badly financially and this 'transitory' (really?) inflation just puts the boot right in

Highest food inflation in 35 years and record numbers at food banks


see wages rising alongside this ?


as we move further along the state dependence line where many more will get caught it will become more and more apparent just how fked it all is


it was fked well before fluvid turned up


just a matter of time
Report markzzz July 29, 2021 3:20 PM BST
^ Based on your post you probably won't understand this answer, but I will give you a straightforward answer.

A 7% growth is better than a 5% growth or 2% growth. 7% growth is very food.

Your attitude is akin to a punter winning £100 and saying "well, that was a rubbish result because I lost £200 yesterday".
Report markzzz July 29, 2021 3:21 PM BST
Should say good not food!
Report Whisperingdeath July 29, 2021 3:25 PM BST
No. The OP posted that we have never had it so good. What a plank and you agree with him. 7% bounce back on what btw? &5 better than when we were all on Furlough? You think that is good?
Report markzzz July 29, 2021 3:29 PM BST
^ Three answers.

1. The OP did not express an opinion, he baldly stated the IMF forecast - read it again if you don't believe me.

2. I neither agreed with him nor disagreed with the OP. I made no reference to the OP nor to any other posts. I can't see what you read that would lead you to that erroneous conclusion.

3. Yes, I believe that 7% growth is better than no growth. Surely you don't think otherwise?
Report Whisperingdeath July 29, 2021 3:31 PM BST
1% growth is better than no growth

What is the growth based on?
Report markzzz July 29, 2021 3:32 PM BST
My word we are getting down to basics.

Annual growth means bigger than it was last year. If you can't grasp that ........
Report clouded leopard July 29, 2021 3:32 PM BST
oh dear
Report Whisperingdeath July 29, 2021 3:36 PM BST
dopamine!

oh dear indeed
Report markzzz July 29, 2021 3:39 PM BST
Not sure why a random neurotransmitter entered the conversation, but  - serotonin!
Report Whisperingdeath July 29, 2021 3:42 PM BST
so 7% better than when? When we were all in lockdown? 7% better? Good result?
Report Whisperingdeath July 29, 2021 3:42 PM BST
No mention of the £397 billion we have racked up in that time?
Report Whisperingdeath July 29, 2021 3:43 PM BST
Take the £397 billion off that and tell me we have never had it so good!
Report markzzz July 29, 2021 3:45 PM BST
Last try, I'm obviously not getting through.

7% growth for the coming year is extremely good compared to the world's leading economies. I consider that to be self evident. If you do not, then let's agree to differ.
Report markzzz July 29, 2021 3:46 PM BST
Oh and one other point - I have not said anywhere that "we have never had it so good". Now that IS an absolute fact. Wherever you imagine I said that have another look.
Report Giuseppe July 29, 2021 3:53 PM BST
n88

UK growth is higher than the other countries

what part of that don't you understand
Report PorcupineorPineapple July 29, 2021 4:02 PM BST
Mark a simple question: Which country has done better?

Country A - has lost 3.5% last year and is projected to grow by 3.3% next year

Country B - has lost 9.5% last year and is projected to grow by 7% next year



I'd consider myself British, and am asking an unblinkered question. So which country has done better. Which government has done the better job?
Report Just Checking July 29, 2021 4:03 PM BST
----you-have-to-laugh---:
"Crashed by brexit" .. "9.8% fall in 2020"

I wonder what POSSIBLY could have happened in 2020 that could crash the economy of not just the UK but most of the world.

Does anyone want to help possibly the forum's dumbest poster with this one?
Report markzzz July 29, 2021 4:09 PM BST
PorP, that is pretty simple and you really should be able to work out the answer for yourself.

You are misunderstanding the tense of my posts. I have at no point deviated from my position of commenting about the future performance in line with the OP of this thread. What I have said is correct, and your attempt to change the discussion from the future to the past thereby completely altering the basis of discussion.

You of course are completely free to do that if you wish.
Report Giuseppe July 29, 2021 4:09 PM BST
porcy has a problem with basic maths

Canada 6.3

Spain 6.2

France 5.8

Italy 4.9

Germany 3.6

Japan 2.8

UK is 7%

7% is bigger than those other numbers
Report Giuseppe July 29, 2021 4:10 PM BST
would you prefer 7% growth or 5.8% like the French?
Report markzzz July 29, 2021 4:10 PM BST
Giuseppe, pointless post, they really con't grasp that very simple fact.
Report Giuseppe July 29, 2021 4:11 PM BST
it's not diffiuclt is it mark

7 is bigger than 5.8

'tis not rocket science
Report markzzz July 29, 2021 4:13 PM BST
I think that any IQ above about 70 should be able to grasp it, but apparently not.
Report Giuseppe July 29, 2021 4:17 PM BST
not many with IQ over 70 on here
Report Giuseppe July 29, 2021 4:17 PM BST
I feel like David St. Hubbins sometimes, trying to explain stuff to these idiots
Report PorcupineorPineapple July 29, 2021 4:18 PM BST

Jul 29, 2021 -- 10:09AM, markzzz wrote:


PorP, that is pretty simple and you really should be able to work out the answer for yourself.You are misunderstanding the tense of my posts. I have at no point deviated from my position of commenting about the future performance in line with the OP of this thread. What I have said is correct, and your attempt to change the discussion from the future to the past thereby completely altering the basis of discussion.You of course are completely free to do that if you wish.


I'm simply providing context mark. Yes, a decent growth is to be celebrated (using GDP growth as a measure of "progress" remains questionable imo but never mind) but the celebrations should actually reflect reality. If we suffered the biggest loss, and this growth still leaves us worse off than the others vs where we were pre-pandemic, then we are simply celebrating it not being quite as bad as it could have been.

Some tory fanboys might well fall for it, and call Johnson a genius. I think anyone who remembers doing subtraction at primary might leave the champagne in the fridge though.

Report Giuseppe July 29, 2021 4:19 PM BST
these go up to eleven
Report n88uk July 29, 2021 4:20 PM BST

Jul 29, 2021 -- 9:53AM, Giuseppe wrote:


n88UK growth is higher than the other countrieswhat part of that don't you understand


Of course it is. If your economy collapses by double, and treble in some of those examples cases, of course you will your grow back quicker. The question is how are we doing compared to pre-pandemic, and by these numbers the answer is worse than every one of those countries, and it's not even close.

Report Giuseppe July 29, 2021 4:20 PM BST
7 > 5.8
Report n88uk July 29, 2021 4:21 PM BST
I literally posted how this con would work about 6-9 months ago here btw, it was a predictable con with how our country works. That we will use the fact we've had the worst damage to spin it into our growth in 6 months, it was an obvious and predictable trick you could see coming a mile off.
Report markzzz July 29, 2021 4:23 PM BST
PorP, if yesterday you lost £1,000 gambling, and today you won £500 gambling, today is still a good day regardless of what went before. That is the simple point I have made throughout this thread.

Your view of the above scenario that overall this is a £500 loss is also correct of course. However, in my opinion (and I fully accept your right to disagree) that is off-topic.
Report Giuseppe July 29, 2021 4:23 PM BST
cherrypicking stats to support your agenda

has this ever happened before?
Report n88uk July 29, 2021 4:25 PM BST
There's only one side cherry picking, and it's not mine.

Are we doing better than France with these projects on pre-pandemic vs post-pandemic, which is what is being measured, the answer is no.
Report PorcupineorPineapple July 29, 2021 4:26 PM BST

Jul 29, 2021 -- 10:23AM, markzzz wrote:


PorP, if yesterday you lost £1,000 gambling, and today you won £500 gambling, today is still a good day regardless of what went before. That is the simple point I have made throughout this thread.Your view of the above scenario that overall this is a £500 loss is also correct of course. However, in my opinion (and I fully accept your right to disagree) that is off-topic.


Well, I'd say the £500 loss is far, far more on-topic as a cause of celebration or quiet reflection, dontcha think? From blowing half your wages to only half your wages shouldn't result in going out and getting a steak, unless you're a simpleton. Especially when you have journalists telling everyone what a good job you'd done and how much better you'd done against some other punters who've actually made a profit over the two days.

Report n88uk July 29, 2021 4:26 PM BST
Misleading numbers like the ones here are literally the style of data that has been used to con those unable to interpret data for decades.
Report lapsy pa July 29, 2021 4:28 PM BST
Didn't it drop by almost 20% at one stage and deemed the worst loss in 300 years?

Brexit is/and will be a factor but kept quiet, figures from this can be found by googling;the independent,The real Brexit dividend,minus $800 a week and counting.
Report lapsy pa July 29, 2021 4:29 PM BST
minus $800 million a week
Report markzzz July 29, 2021 4:29 PM BST

Jul 29, 2021 -- 10:26AM, PorcupineorPineapple wrote:


Jul 29, 2021 --  3:23PM, markzzz wrote:PorP, if yesterday you lost £1,000 gambling, and today you won £500 gambling, today is still a good day regardless of what went before. That is the simple point I have made throughout this thread.Your view of the above scenario that overall this is a £500 loss is also correct of course. However, in my opinion (and I fully accept your right to disagree) that is off-topic.Well, I'd say the £500 loss is far, far more on-topic as a cause of celebration or quiet reflection, dontcha think? From blowing half your wages to only half your wages shouldn't result in going out and getting a steak, unless you're a simpleton. Especially when you have journalists telling everyone what a good job you'd done and how much better you'd done against some other punters who've actually made a profit over the two days.


losing £500 is better than losing £1,000. Surely no argument there?

A pessimist can always find a timescale on which he is losing. An optimist can always find a timescale on which he is winning. Both are correct based on their defined approach.

Signing off now.

Report Giuseppe July 29, 2021 4:29 PM BST
mark you're using nominal amounts rather than percentages


Britain starts with a bank of £2,000

loses £500 and so has £1,500

then makes £50

that's a % increase of 3.00



France starts with a bank of £2,000

loses £100 and so has £1,900

then makes £54

that's a % increase of 2.84


a lower % increase

but France has actually made more
Report Giuseppe July 29, 2021 4:31 PM BST
Britain appears to be doing better only because it lost more
Report markzzz July 29, 2021 4:31 PM BST
Hey Giuseppe, I can't even get them to agree that 7% is better than 5.8%, not much point it making it more complicated.
Report n88uk July 29, 2021 4:32 PM BST
The gambling analogy is terrible btw, as the losing 1k yday and winning 500 today is almost certainly just down to luck, neither will have been your expected results. There is no luck involved in GDP in context of comparing to others (obviously covid itself was unlucky but everyone has been affected by it). You are never going to measure your gamblings results day by day like that either, you're going to measure them long term, which is exactly same way you should measure GDP.
Report metro john July 29, 2021 8:53 PM BST
So Bezo and millionares have something to breath for? Fecking idiots
Report metro john July 29, 2021 8:55 PM BST
Capitalism has failed again, it may somehow have slipped through many on heres perception. Are you blind!
Report metro john July 29, 2021 8:57 PM BST
Blame a pandemic? lets name and shame the organizers of the mass deception.
Report lfc1971 July 29, 2021 9:53 PM BST
Capitalism has to fail and should be designed to fail , but not critically
and then it recovers it’s natures way
Report akabula July 29, 2021 10:00 PM BST
Look at what socialism has done to Venezuela or even Cuba.
Report Just Checking July 29, 2021 10:08 PM BST
"Capitalism has failed again, it may somehow have slipped through many on heres perception. Are you blind!"
LOL. How many failures of socialism does it take for the penny to drop amongst the true believers.

And he writes this as finally the people of failing state socialist Cuba seem to have had enough and want .. capitalism.
Report akabula July 29, 2021 10:11 PM BST
What socialism has done for Cuba.
Report metro john July 29, 2021 10:11 PM BST
dictating ****s who have no future
Report metro john July 29, 2021 10:13 PM BST
how can you sing about capitalism, it is failed the banks will continue to fail just like their bliss
Report lfc1971 July 29, 2021 10:14 PM BST
That’s like a painting by Utrillo , very beautiful
Report lfc1971 July 29, 2021 10:18 PM BST
Capitalism gives people freedom that’s why we like it
Report metro john July 29, 2021 10:20 PM BST
why
?no fruit in the trees in our streets to eat freely, why not with such freedom
Report lfc1971 July 29, 2021 10:22 PM BST
No one starves on the streets of Britain , Utrillo painted in Paris
Nobody bothered him
Report metro john July 29, 2021 10:22 PM BST
our ancestors experienced freedom the apes that is they did not pay for food. so is capitalism freedom, of course not it is the oposite. it is control by the few
Report metro john July 29, 2021 10:23 PM BST
you chimps turned out to be chumps
Report metro john July 29, 2021 10:25 PM BST
i know of plenty of deaths on the streets of brum
Report metro john July 29, 2021 10:28 PM BST
in our quest to go green, why nor plant more trees from which the people can eat freely, that which nature intended , not the 10% meat they sell to us. You chimps do not eat properly
Report metro john July 29, 2021 10:31 PM BST
imagine apes could talk? what would they say,  about paying  for food?LaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaughLaugh
Report lfc1971 July 29, 2021 10:34 PM BST
Food is free in England
Report akabula July 29, 2021 10:37 PM BST
I grow my own veg, that is free.
PS when I say I I mean the wife.
Report metro john July 29, 2021 10:38 PM BST
great. Wink
Report metro john July 29, 2021 10:40 PM BST
icf is that just in london, they give em 6 grand extra to spend at Asda, another open con.
Report metro john July 29, 2021 10:41 PM BST
food prices differ in Asda? no
Report akabula July 29, 2021 10:42 PM BST
Every little helps.
Report lfc1971 July 29, 2021 10:43 PM BST
They will bring you nice sandwiches and some tea and maybe a kitkat at about 9:00 on the streets of London
And it’s lovely
Report metro john July 29, 2021 10:46 PM BST
get me a card board box next to you in that case. sounds promising
Report metro john July 29, 2021 10:49 PM BST
a bit early for me mind, imagine explaing an alarm clock to our ancestors?
Report lfc1971 July 29, 2021 10:55 PM BST
9:00 at night Happy something like that maybe later
Report akabula July 29, 2021 10:58 PM BST
I remember when the streets of London were paved with gold.
Now paved with gold is a crowdfunding agency. Cry
Report akabula July 29, 2021 10:58 PM BST
The times they are a changing.
Report Johnny The Guesser July 30, 2021 6:46 AM BST
Capitalism is just fine , work hard , adapt, play the game and you will do just fine.
Fight it and it will eat you alive.
Report Whisperingdeath July 30, 2021 11:45 AM BST
Look at what socialism has done to Venezuela or even Cuba.


Look at what America has done to Venezuela, Cuba, Iran, Iraq, Syria

Hmmn!
Report lapsy pa July 30, 2021 12:09 PM BST
I take it no one read up to 800 million a week being lost due to brexit,(the independent)very convenient of you.
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