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Pac_man`s great Omens for Europe

Discussion in 'Europe' started by pac_man, Aug 11, 2017.

  1. pac_man

    pac_man Putting the Man back into Pac Political Irish

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    Some on this site think poor old Europe is doomed, they have believed this for many many months and years, not because it's going to happen, but because they are desperate for it.

    Unfortunately for them, the Eurozone is booming through growth and development, this thread is designed t counter act this and show the truth.

    I won't be filling the posts with silly little graphics and memes, well not all the time! This thread is for truth and discussion!
     
    Last edited: Aug 11, 2017
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  2. OP
    pac_man

    pac_man Putting the Man back into Pac Political Irish

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    Euro is at 90p Sterling today. That's a 20% change from the referendum result. The markets are seeing growth in the Euro zone and instability in the UK and US.

    As for the UK they will gain from having their exports cheaper, but pay the price for their imports. Inflation and stagnant growth is likely.

    Because they are leaving the EU their exports will be offset by tariffs.

    [​IMG]
     
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  3. OP
    pac_man

    pac_man Putting the Man back into Pac Political Irish

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    Car production fall hits UK industrial output

    UK industrial production shrank in the second quarter of the year, according to the latest official figures.

    Production fell by 0.4%, mainly due to a 0.6% drop in manufacturing output, the Office for National Statistics (ONS) figures showed.
    That was largely due to a 3.6% fall in the production of transport equipment, including motor vehicles.

    Car production fell by 6.7% from May to June, the sharpest drop since December 2013.

    Construction output also fell in the second quarter by 1.3%, with less work on new projects as well as repairs and maintenance.

    The figures underline the British economy's dependence on services, which makes up about four-fifths of the UK's economic output.


    Car production fall hits UK industrial output - BBC News

    [​IMG]
     
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  4. OP
    pac_man

    pac_man Putting the Man back into Pac Political Irish

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    EU & Euro Area economies recover as UK/ US growth remain weak

    In 2016 European Union economic growth exceeded that of the United States and this year the recovery continues while UK and US growth remain weak. In a dramatic signal of rising public confidence , a majority of Europeans say they are optimistic about the future of the EU and more than two-thirds identify themselves as EU citizens, according to a Eurobarometer survey of more than 33,000 people across the union and in candidate countries.
     
    The Euro Area (EA) grew 0.6% in the second quarter of the year Eurostatreported this week. Annual growth in the 19-member country single currency area was at 2.1% compared with June 2016 while the data for the EU28 was 0.6% and 2.2%. First-quarter growth for the EA was revised down slightly from 0.6% to 0.5%.
    UK growth in the second quarter was 0.3% while annualised US growth was at 2.6%.

    In 2016 the US grew by 1.6% compared with the EA's 1.8% and the annualised US growth for the first half of 2017 was 2% - the Trump administration has said the US economy has the potential to grow by 3% or 4% following approval of an infrastructure package and tax cuts, and the White House on Monday reiterated that the administration is optimistic about its ability to achieve its 3% growth target.


    EU & Euro Area economies recover as UK/ US growth remain weak



    [​IMG]
     
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  5. OP
    pac_man

    pac_man Putting the Man back into Pac Political Irish

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    The experts strike back! How economists are being proved right on Brexit

    The Brexit debate is an endless source of mirth for anyone with a dark sense of humour. My favourite quote is from Michael Gove, Britain’s environment secretary.
    Just before the EU referendum in June last year, Gove, then justice secretary in David Cameron’s government, dismissed the all-but-unanimous view of economists and others that a decision to leave the EU would deeply damage the British economy. “People in this country have had enough of experts,” Gove testily explained, referring to “experts from organisations with acronyms, saying they know what is best and getting it consistently wrong”.

    The only surprise is that it took so long for the consequences to materialise. It evidently took more time than expected for the implications to sink in – to understand that “Brexit means Brexit,” as May’s pithy tautology put it. It took time to realise that there would be no smooth break with the EU and that negotiations would not be wrapped up in two years. There might be no free-trade agreement, no passporting rights for British banks seeking to do business in the EU, and not even an agreement on landing rights for British aircraft on the continent.

    And now the chickens are coming home to roost with a vengeance (if chickens could be vengeful). Consumers, seeing the pound depreciate, front-loaded their spending in the second half of last year, because they understood that import prices would rise. Having incurred additional debt, they are in no position to continue spending at that earlier pace.

    The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen

    [​IMG]
     
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  6. Dublin 4

    Dublin 4 Legend Battle Royale Political Irish

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    Nonsense like this won't stabilse your silly Currency Union or reverse Brexit.

    Good luck in the Race - you're only 137K Views behind...
     
  7. OP
    pac_man

    pac_man Putting the Man back into Pac Political Irish

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    :rolleyes: And Nearly two years to catch up with, but don't worry. You will be running out of headlines as I will keep posting the good news.

    I'll take your challenge and I'll raise you one,

    Can you post reports and enter into discussion on your own thread without resorting to mindless images and memes?

    [​IMG]
     
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  8. Dublin 4

    Dublin 4 Legend Battle Royale Political Irish

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    I post what I want- not what the likes of you want.

    Enjoy watching Brexit & chasing your Tail...
     
  9. OP
    pac_man

    pac_man Putting the Man back into Pac Political Irish

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    This a "Good Omens" Thread & some of those "Omens" are upsetting for some doomsters.

    Healthy good input is extremely welcome here.

    Please do not derail the Thread attacking me or the thread.

    This is the Site's biggest growing Thread.
     
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  10. Dublin 4

    Dublin 4 Legend Battle Royale Political Irish

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  11. OP
    pac_man

    pac_man Putting the Man back into Pac Political Irish

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    Over 5,000 new Dublin hotel rooms expected by 2020


    More than 5,000 hotel rooms are expected to come on-stream in the capital between now and 2020, according to an analysis carried out by Fáilte Ireland.
    That should help ease the supply bottleneck that's built up in recent years as growth in tourist numbers outpaced hotel room supply.
    Caeman Wall, Head of Research with Fáilte Ireland, said between 2010 and this year, demand for hotel accommodation had grown by 50%, but in that period supply was virtually unchanged which has put pressure on hotel room prices.
    "Prices are going up. Something we need to be conscious of is value for money. It's a key concern and all the more so in light of Brexit.

    Over 5,000 new Dublin hotel rooms expected by 2020

    [​IMG]
     
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  12. OP
    pac_man

    pac_man Putting the Man back into Pac Political Irish

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    Standard Life CEO planning for hard Brexit, renews interest in move to Dublin

    Standard Life wants to ensure it keeps serving its clients in countries such as Austria, Germany and Ireland
    Skeoh said he was "quite concerned" about the British decision to leave the European Union

    The asset management firm Standard Life is looking at Ireland as its European base for when the United Kingdom leaves the European Union, its CEO told CNBC Tuesday.
    "Certainly, we are looking to put our MiFID company into Ireland," Keith Skeoch, chief executive officer of Standard Life, told CNBC, referring to the financial regulation framework under European law. It is unclear at this stage to what extent the same set of rules will apply to the U.K. once it leaves the European Union.

    Standard Life CEO planning for hard Brexit, renews interest in move to Dublin

    [​IMG]
     
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  13. Asif

    Asif Member Political Irish

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    Great thread Pac, great to see positive news and it's a clear show on how an Omens thread should look. Easy to read and understand and it leaves a very positive feeling.

    Well done!
     
  14. anderson

    anderson Respected Member Battle Royale Political Irish

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    This thread is pathetic, clutching at straws for a snippet of good news that is based on nothing.

    Poor attempt at trolling, D4 has nothing to worry about.
     
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