Hmm same thing applies. US GDP did not fall that much in the crunch to 2009, the DOW fell massively so it's not a good sample. We need to take a longer time period. US GDP from 1985 incresed by about 12. 5 times to present, the Dow increased about ten times.. no big discrepancy. Peaks and troughs corrected. What's more GDP figures are inflation adjusted, ie. Inflation is deducted, while the Dow is not. There's plenty of things to think of as risk if we wish, and the past''s not proof for the future. But there is no startling discrepancy in growth and FTSE or Dow over the last 34 years.
Hmm then agajn Uk exports about 238 billion euros of manufactured goods to Romanias 38. UK ranked 8th and rising compared to 31st in the world. Seems like we can compete ok. I wonder how we will get in competing with tariff barriers on 86 countries Romania doesn't face.
Not so sure. It's too easy to get drawn into illusions of short term variations. Looking at the FTSE log term - from 1985 to present day - there's a total rise from 3000 to around 7500. All that amounts to is a compound growth about 2.75% a year for 34 years. If you disregard the booms and busts and corrections back to the average you can draw a pretty straight line from 1985 to present day through the whole of that time. The Annual GDP growth average over that time was about 2.3%. So no cause for alarm aim those levels of growth.
Not to say the impossible argument about should it be
all capitalism or all socialism doesn't pass the time and entertain of course.
The question of which would win, a lion or a bear is nearly as much fun and equally impossible to resolve until someone asks, which lion and which bear. It might still be hard to answer, or not, but at least there's a chance once its not just imaginary.
Successful economies today are a mix of capitalist and socialist ideas. That iincorporates both private and public ownership, with the means to control the excesses of both. It is best to base thinking on what is best for a given thing in light of all the factors. Starting with fixed ideas of models like socialism or capitalism being the whole answer is like saying "this is the answer, now what is the question. It leads to problems. There's a legitimate debate about where the lines are drawn on a case by case basis but not much sense in saying one "ism" fits all. Unless the isms are realism and pragmatism.
Anyone want accurate, unbiased, independent information, definitive data taken from official published data of 196 source countries, ....market indicators, gdp, market indicators, unemployment figures .. this company provides them. Offices worldwide, main office New York I believe. Useful source.
https://tradingeconomics.com/united-states/indicators
Busy world.
Boris's domestic was a storm in a teacup, probably one in bits in the household bin now. He should be a little wiser at home, but it's no one else's business and more importantly his gf and family have a right to privacy.
More important is his professional demeanour, where he has shown himself up as clueless, devious and self serving. A perfect party leader in other words but a big nail in Britain's credibility.
Fox again debunked on Marr the old chestnut BJ mumbled in the leadership debate that ERGers keep repeating - the Gatt Article 24 myth which BJ amazingly mumbled in the leadership debate as part of his 'plan'. If anyone took him seriously it would be an outrage, but Boris doesn't have any plans.. just a plot that ends when he becomes PM.
Greenpeace versus mansion house also a storm in a brandy glass..neither side smell of roses but neither acted badly afterwards. The bbc were not biased in the main either. Lot of fuss over not much. The security need sacking however, two people with weapons could have made a bloodbath. In exposing that flaw a service has been done.
Mho anyway.
Once again. We see two posts as reasonable and fact based as its possible to be - with an attempt to shout it down with a stack of abusive noise. Refer back to the original two posts I made for any questions on this subject.
I wouldn't mind but it wasn't even me who raised the subject.
https://ibb.co/BZvdKTc
Of relevance to Lloyds -
These are the official figures. Points at which the EU, Euro and devaluation applied are shown.
These are the actual figures under discussion for one country of the 28 alone . Unless someone wants to invent their own figures which they were discussing ?
I wouldn't gave bothered but since you mention it here's a view on those figures.
"The International Trade Secretary trumpeted the UKĀ toppingĀ the European league table, ignoring a 13 per cent fall in projects and a marked narrowing of its lead"
You can take this up with independent.
Try to stick to topics under discussion and stay off the abuse. That is what is disruptive.
https://www.independent.co.uk/news/business/comment/foreign-direct-investment-uk-liam-fox-secretary-of-state-for-international-trade-uk-economy-a8943221.html
John It doesn't help much really, no new info. There has been talk of BOE raising rates 3 of 9 of Mpc. The Uks not chasing inflation.. its on 2% the target. Bit gloomy of you that. They will hang fire till the brexit no deals canned at the very least. Tata f now.
Livestock - you might have accidentally reworded the Reuters report slightly. Unless you just wrote it and unluckily got all the words the same with bits cut out. Your words come from two separate paragraphs in the following article..
"Sterling rises for a second day before central bank meeting"
"The pound has fallen by 5% since early May, as concern grew that arch-Brexiteer Boris Johnson, the top contender to become the next British Prime Minister, will lead the country out of the European Union with or without a deal by Oct. 31"
Let's face it we all know Boris and no deal will not push the pound up.
https://uk.reuters.com/article/uk-britain-sterling-open/sterling-rises-for-a-second-day-as-central-banks-turn-dovish-idUKKCN1TK117