London post-brexit as a financial center

Discussion in 'Wall St. News' started by TraDaToR, Dec 12, 2018.

  1. schweiz

    schweiz

    No, you have to learn understanding basic statistics before drawing conclusions. Posting what you did was useless to draw any conclusions, especially that EU is doomed. That is complete BS base on the info you posted.
    You said:"EU is doomed. We are leaving a sinking ship." as conclusion of the data posted.
     
    #351     Feb 7, 2019
  2. Visaria

    Visaria

    Canadian GDP as a percentage of USA GDP is about 8%.

    UK GDP of EU-27 GDP is 18%.

    No, it really isn't the same thing and even less so when you then also take into account other factors that I've mentioned before such as the City of London being the world's largest financial centre, largest military in Europe, nuclear power, permanent seat in the UN Security Council, closest ally to the US etc.
     
    #352     Feb 7, 2019
  3. Sig

    Sig

    So I think UK industrial production fell .8% in the latest numbers released (https://www.ons.gov.uk/economy/econ...tput/bulletins/indexofproduction/november2018), does that mean the UK is a "sinking ship" that's sinking twice as fast as the EU?
    And it looks to me like unemployment is falling in all the weakest EU countries, interesting you chose a point number instead of saying the also accurate "unemployment in Greece lowest in 6 years, 40% off the highs. High unemployment in Greece, that's pretty old news. Grasping again with the cherry picking my friend.
    upload_2019-2-7_11-9-53.png
     
    #353     Feb 7, 2019
  4. Visaria

    Visaria

    As i said to schweiz, it's just the numbers that were reported today.
     
    #354     Feb 7, 2019
  5. Sig

    Sig

    Europes GDP in 2017 was 27.282T (https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=EU-US-CN). The UKs was $2.67T Simple math, 2.67/27.282= 9.7%, so not sure where you're cherry picking your data.
    To be clear, you don't get to tell 90% what to do when you're 10% or "play hardball", and if you're arguing about how sub 10% you are or cherry picking what EU countries you're counting you've already lost the argument. And the more instructive number is what percentage of the UK's trade is with the EU vs the percentage of the EU's total trade is with the UK. What's that number?

    If you really think that the EU is somehow going to feel threatened by the "largest military in Europe, nuclear power", well that's pretty scary if that's actually representative of the Brexit camp mindset.
     
    #355     Feb 7, 2019
  6. Sig

    Sig

    As you said to schweiz, I am going to cherry pick one of Germany's numbers from today and not compare them to the UKs numbers to "prove" my point. If any of us cared enough we could find 10 recent numbers showing the "sinking ship" of the U.K. Throwing them out in isolation like you did would be meaningless, which is why none of us do, but we certainly could scrounge them up if that was our idea of intelligent discussion.
     
    #356     Feb 7, 2019
  7. Visaria

    Visaria

    I said EU 27...EU 27 is the EU without the UK. Please read the numbers more carefully. If u don't understand a number, pls ask. I've decided to hold myself to higher standards so i will no longer insult you.
     
    #357     Feb 7, 2019
  8. Visaria

    Visaria

    No, that was the main (only?) number for Germany that was reported today. What i should have emphasised more was that the consensus expectation of this figure was positive 0.7%....that it came out negative 0.4% was a bit of a shock..I think the euro sold off heavily.
     
    #358     Feb 7, 2019
  9. schweiz

    schweiz

    Yes, but your conclusion of a doomed EU, a sinking ship, based on these numbers is complete nonsense.
    If I find a EU country that has better numbers in industrial production it means then that the UK is a sinking ship???
     
    #359     Feb 7, 2019
  10. Visaria

    Visaria

    #360     Feb 7, 2019