Quote:
Originally Posted by jonbxx
- Germany isn't in recession - it has had one bad quarter, mainly due to low car sales. Annualised growth is about the same as the UK at 1.1%
- Italy isn't in recession either though that's closer with two bad quarters
- Irelands GDP growth last quarter was 4.5x the UKs. Annualised growth is the same. Growth in Ireland is softening due to some troublesome neighbours
- Greeces youth unemployment is bad but it's nowhere near 50%. Greeces GDP growth is 5x the UKs. Annualised, it's still twice the UK
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I don't know what news information you've been following but you're wrong on all those points.
It's been in the news this last few weeks, Germany is already there in recession territory, Italy also - Ireland's economy would crash under a No Deal Brexit, so it's not good at all.
I stand by what I say and believe it to be true and it's about time you realised that.
---------- Post added at 21:17 ---------- Previous post was at 21:16 ----------
Quote:
Originally Posted by Chris
Poor George Osborne really hasn’t got over it has he.
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Exactly, so it's all Fake News coming from the Standard.
