Like Tree809Likes

Consequences of Brexit?

  1. #1341

    Join Date
    Jul 2011
    Posts
    662
    Quote Originally Posted by civil_servant
    I don't know. Perhaps you can ask Germany, the Netherlands, the UK, Sweden, and Denmark how they could possibly more competitive than free countries such as Canada and Australia.

    The Global Competitiveness Report 2018 - Reports - World Economic Forum
    If you are looking for competing in world markets, then this is the WEF ranking you need to use. Seems to make my point.

    http://reports.weforum.org/global-co...s=GCI4.C.07.02

  2. #1342

    Join Date
    Jul 2011
    Posts
    662

    /duplicate


  3. #1343

    Join Date
    Jan 2006
    Location
    Hong Kong
    Posts
    7,194
    Whenever I seem all these charts presented to support questionable claims, I think of this economics teacher's T-shirt...


  4. #1344

    Join Date
    Aug 2008
    Location
    猴山
    Posts
    14,358
    Quote Originally Posted by civil_servant
    They're rating agencies that evaluate credit risk. They don't give policy recommendations.



    There's no evidence for that. Growth was sluggish. Let me demonstrate again.

    Attachment 77153



    Exactly. Let go of the mantra. A downgrade is not the end of the world. There's absolutely no risk of a default. Bond rates are low and borrowing is cheap. Quit Brexit, invest in infrastructure, invest in people, grow the economy, tackle tax evasion, compete in the world, and debt will shrink.
    This is somewhat circular. By not reducing debt growth a downgrade would of happened sooner. Again you could be right more debt to a problem caused by inefficient use of debt is the answer.

  5. #1345

    Join Date
    May 2006
    Posts
    5,152
    Quote Originally Posted by stickyears
    If you are looking for competing in world markets, then this is the WEF ranking you need to use. Seems to make my point.

    The Global Competitiveness Report 2018 - Reports - World Economic Forum
    And the mantra continues.

    Competitive economies are not competitive economies, austerity is not austerity, options are not options.
    Last edited by civil_servant; 26-02-2019 at 10:49 PM.

  6. #1346

    Join Date
    Aug 2008
    Location
    猴山
    Posts
    14,358
    Quote Originally Posted by civil_servant
    Competitive economies are not competitive economies, austerity is not austerity, options are not options.
    I make suggestions and try to cite some evidence to back up these. Perhaps you could counter the argument as it looks like you are not able to. Suggesting Brown's economic policy stopped having an influence on the day he left office was your last counter argument. Anything else?
    TheBrit likes this.

  7. #1347

  8. #1348

    Join Date
    May 2006
    Location
    Pampanga, Philippines
    Posts
    18,261
    But we have to stop these bloody foreigners coming in and stealing our jobs! How anyone can think it is acceptable to do this to an 87 year old needs a good slap.
    GentleGeorge and Jaz Paul like this.