We do world class recessions

[SirGalahad]

Doesn't come as a surprise when it comes to this Government- every competent Tory has either lost their seat or been sidelined. The boat crossing migrant issue came just at the right time.

 

[EddieM]

Doesn't come as a surprise when it comes to this Government- every competent Tory has either lost their seat or been sidelined. The boat crossing migrant issue came just at the right time.

Pi55 poor true, if those estimates pan out,you forgot Spain though.

 

[ellal]

Pi55 poor true, if those estimates pan out,you forgot Spain though.

I believe an 18.5% fall is less than a 21% fall...

 

[SirGalahad]

Pi55 poor true, if those estimates pan out,you forgot Spain though.

https://www.ons.gov.uk/economy/gros...s/gdpfirstquarterlyestimateuk/apriltojune2020

It's the first pass, it can get revised but don't hold your breath for a major revision - we will be talking basis points.

 

[dontbelieveawordofit]

it’s what happens when you get suckered by the hysterics of another country.
china 1
rest of world 0

 

[SirGalahad]

https://ec.europa.eu/eurostat/docum...P-EN.pdf/cbe7522c-ebfa-ef08-be60-b1c9d1bd385b

There is the EU data.

 

[JohnD]

it’s what happens when you get suckered by the hysterics of another country.

That would explain why dUK is doing so much worse than its comparable neighbours, you think.

Our ruler Cummings is not from another country, even though his buffoon underling is.

 

[SirGalahad]

it’s what happens when you get suckered by the hysterics of another country.
china 1
rest of world 0

I don't follow your logic - are you arguing our Government was wrong in following other countries and we should have just carried on regardless?

 

[dontbelieveawordofit]

I don't follow your logic - are you arguing our Government was wrong in following other countries and we should have just carried on regardless?

not regardless

 

[SirGalahad]

not regardless

Again - you are saying the Government should not have locked down?

 

[dontbelieveawordofit]

Again - you are saying the Government should not have locked down?

not everybody. they knew from the outset that the vast majority wouldnt even know they’d got or had it.
lockdown the vulnerable and get on with it.

 

[ellal]

lockdown the vulnerable and get on with it.

define 'vulnerable'...

 

[dontbelieveawordofit]

define 'vulnerable'...

individuals with underlying health concerns. making them more susceptible to serious repercussions.

 

[motorbiking]

Not everyone has the same risks. Lockdown is a blunt instrument. U.K. will recover quicker than mainland Europe due to our labour laws.

comparison data does appear to have been carefully selected - 2008 was a boom time for the U.K.

 

[SirGalahad]

Not everyone has the same risks. Lockdown is a blunt instrument. U.K. will recover quicker than mainland Europe due to our labour laws.

comparison data does appear to have been carefully selected - 2008 was a boom time for the U.K.

https://www.ons.gov.uk/economy/grossdomesticproductgdp/timeseries/ihyq/qna

0.5 -0.6 -1.6 -2.1

UK GDP quarter on quarter growth 2008