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European Union Now The World's Largest Economy

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European "union?"

Given the tenuous nature of the EU I would prefer to see it as a rag bag collection of nations that are politically miles apart hanging on to a trade agreement that worked when things were going well but which is not working now that the down-cycle is about to hit.

Not a lot more secure than NAFTA.

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RB - do you want to post some links to your apocalytical predictions a couple of months ago.... we all need a good laugh.

The graph is staggering tho. Clearly the EU will be the worlds dominant economy and little britain will sink into its ocean of chavishness.

European "union?"

Given the tenuous nature of the EU I would prefer to see it as a rag bag collection of nations that are politically miles apart hanging on to a trade agreement that worked when things were going well but which is not working now that the down-cycle is about to hit.

Not a lot more secure than NAFTA.

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RB - do you want to post some links to your apocalytical predictions a couple of months ago.... we all need a good laugh.

Nagging? Haven't you got anything better to do?

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RB - do you want to post some links to your apocalytical predictions a couple of months ago.... we all need a good laugh.

The graph is staggering tho. Clearly the EU will be the worlds dominant economy and little britain will sink into its ocean of chavishness.

How this for apocaplypse: house price crash this side of Crimbo! Its now all in the papers.

Or how about bank problems in the EU with the IMF no longer willing to bail them out! All now in the papers.

What was once apocalypse is now the mundane. Who would have thought it just a few months ago. ;)

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http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

Nominal_GDP_IMF_2008_millions_of_USD.jpg

Bit of global-dominance in-fill until China takes over in 2030?

hold on a minute.That graph is slightly misleading.

are you double-counting france,germany and UK?

not exactly hard to see why UK is languishing where it is when tony's cronies have exported most of our production capacity eastwards.

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1. We are all bears on HPC and all deserve a pat on the back - its taken a long time but we were right in principle and wrong on timing!

2. More than half the funding to IMF comes from Europe - why would they bail themselves out via the IMF with the risk of the USA using its veto - the ECB is the best source of QE and there is no sense in them NOT doing what the UK and USA find so easy .... printy printy !!

3. The apocalypse I referred to was your europhobic stance and extreme view on what would happen to the Euro.... any evidence it is going to get abandoned by the Eurozone?

I think many of you should reflect on the special relationship Britain has with the USA.... it is paper thin, and one way. Britain and the EU together are formidable, and the sooner they make up, and get aligned, the sooner we'll see Europe leading the rest of the world towards sustainable fianance and energy, and balanced social policy. I love the USA but its lost - totally lost in dogma and corporate greed.

The UK made a devils pact with Wall St and we all know he resutl - it has impoverished the youth of Britain and poisoned the world with derivatives. Our youths future lies in strong collaboration with the EU. Nothing less will see the UK marginalised with British pensioners paying for bogus claims on the Gulf Coast. All while Uncle Sam sniggers at the Special Relationship behiond closed doors. Here is a simple fact....

THE UK HAS VOTING POWER IN EUROPE AND BEGGING POWER IN THE USA.....

How this for apocaplypse: house price crash this side of Crimbo! Its now all in the papers.

Or how about bank problems in the EU with the IMF no longer willing to bail them out! All now in the papers.

What was once apocalypse is now the mundane. Who would have thought it just a few months ago. wink.gif

Edited by bpw

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How this for apocaplypse: house price crash this side of Crimbo! Its now all in the papers.

Or how about bank problems in the EU with the IMF no longer willing to bail them out! All now in the papers.

What was once apocalypse is now the mundane. Who would have thought it just a few months ago. ;)

RB,

Just for clarification......are you now predicting again that we will get 20% off by the end of this year? I am keen to know what you read in your teacup this morning as you seem to change your mind more often than I change my underwear!!!!! :blink:

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Total GDP in a nominal area is just about as irrelevant a statistic as it gets.

The size of the country is not important - it is how well off the people are that matters.

And we can see that the USA (with a population about 60% of the EU) is miles better off.

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The United States of America has got deeper set systemic economic, social, and political flaws than France and Germany, and while it's ostensibly a very wealthy nation most of that wealth is concentrated in the hands of corrupt, incompetent plutocrats, with a bombed out underclass and strained middle-class vanishing under the tide of debt, deficit, unemployment, and inflation. And a bloated military-industrial complex that will likely end up as the largest, most expensive collection of giant paperweights in the world, leaving an angry mob of dispossessed but well trained ex-servicemen that would destablise the country.

The EU is not without its faults, it tried to impose a one size fits all currency on well over a dozen countries to almost catastrophic results, while through the EU we had Ireland and Britain get inundated with roughly 1, 500, 000 to 3, 000, 000 wage serfs from the poorer EU member states which then helped to overheat and then fry the medium to lower end of the private sector. However I don't have much faith in crypto-imperialists like UKIP and I'm fed up with the complete, utter bullcrap that permeates the anti-EU media in the UK. There's no real future with America, BP has done enough damage and we should pull out America's endless, fruitless wars. For better or worse we're going to gravitate more towards Europe, with us acting as a bridge between the EU and the Commonwealth (rather than being a shill of the slowly declining USA).

Edited by Big Orange

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I wouldn't say the EU is like the United Nations at all, for better or worse it has more legislative powers and its core members (France and Germany) are more behind it than the United States and Soviet Union were at the inception of the UN. The EU seems more like the Holy Roman Empire without the Christian sectarianism nonsense dragging it down (though the language barrier could be seen as a similar problem, especially in Britain's case).

Certain parts of the USA are obviously wealthier than others (compare San Francisco to Detroit) so the same obviously applies to the European Union - Germany is the richest overall (hence its different attitude towards the EU), followed by Holland, Sweden, Austria, and Britain, then you get the PIIGS, and finally Eastern Europe. But how does that have a bearing on Britain's widespread ignorance about the EU? Why are people repeating soundbites from The Daily Fail and Rupert Mudracker? Most of Britain's current woes and economic problems are attributed to decisions made in the City of London and Westminster, not Brussels.

Edited by Big Orange

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European Union Now The World's Largest Economy

Probably has the largest corruption, more criminals in prisons, more drug problems, more people on benefits, more unemployed, totally undemocratic, ruled by commissars in dark rooms, more politicians who can`t keep their trousers zipped up, hate opposition, but best of all see the UK as a soft touch. ;)

They can stick their Ode to Joy right where the sun don`t shine. :angry:

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The United States of America has got deeper set systemic economic, social, and political flaws than France and Germany, and while it's ostensibly a very wealthy nation most of that wealth is concentrated in the hands of corrupt, incompetent plutocrats, with a bombed out underclass and strained middle-class vanishing under the tide of debt, deficit, unemployment, and inflation. And a bloated military-industrial complex that will likely end up as the largest, most expensive collection of giant paperweights in the world, leaving an angry mob of dispossessed but well trained ex-servicemen that would destablise the country.

The EU is not without its faults, it tried to impose a one size fits all currency on well over a dozen countries to almost catastrophic results, while through the EU we had Ireland and Britain get inundated with roughly 1, 500, 000 to 3, 000, 000 wage serfs from the poorer EU member states which then helped to overheat and then fry the medium to lower end of the private sector. However I don't have much faith in crypto-imperialists like UKIP and I'm fed up with the complete, utter bullcrap that permeates the anti-EU media in the UK. There's no real future with America, BP has done enough damage and we should pull out America's endless, fruitless wars. For better or worse we're going to gravitate more towards Europe, with us acting as a bridge between the EU and the Commonwealth (rather than being a shill of the slowly declining USA).

+1

United States

[/Quote]

Probably has the largest corruption, more criminals in prisons, more drug problems, more people on benefits, more unemployed, totally undemocratic, ruled by commissars in dark rooms, more politicians who can`t keep their trousers zipped up, hate opposition, but best of all see the UK as a soft touch. ;)

They can stick their Ode to Joy right where the sun don`t shine. :angry:

Edited by Peter Hun

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Ah, good one Peter Hun, deftly making Charlie The Tramp Returns' spittle spewing rantings more accurate. :lol:

Oh how you youngsters have so much to learn, being pink does you no justice as past history shows the true way.

Fifty years of being internationally politically observant makes you see things much clearer. ;)

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Oh how you youngsters have so much to learn, being pink does you no justice as past history shows the true way.

Fifty years of being internationally politically observant makes you see things much clearer. ;)

I know enough about international politics not to waste another vote on UKIP and that America is no longer all that.

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  • 152 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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