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Post by Totheleft on Feb 10, 2024 13:27:08 GMT
The trade deficit as a percentage of trade is down, work it out. 2016 UK exported £235.8 billion to EU whilst we imported £318 billion from EU. Trade deficit with EU was 25.8%. 2022 UK exported £340 billion to EU and imported £423 billion from EU, UK EU trade deficit was 19%. Engage brain. As a percentage the trade deficit has fallen dramatically. Oh Vinny Vinny Give it up even Farage Said it failed give it up It hasn't worked it hasn't worked. Give it up and move on and Accept it |
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Post by zanygame on Feb 10, 2024 13:29:52 GMT
The trade deficit as a percentage of trade is down, work it out. 2016 UK exported £235.8 billion to EU whilst we imported £318 billion from EU. Trade deficit with EU was 25.8%. 2022 UK exported £340 billion to EU and imported £423 billion from EU, UK EU trade deficit was 19%. Engage brain. As a percentage the trade deficit has fallen dramatically. Its hard to see that as improvement. My pay was £100 a week and my bills £160. Now my pay is £150 a week and my bills are £210. Percentage wise I'm better off. I'm still £60 further in debt every week, but percentage wise... |
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Post by Totheleft on Feb 10, 2024 13:33:13 GMT
The trade deficit as a percentage of trade is down, work it out. 2016 UK exported £235.8 billion to EU whilst we imported £318 billion from EU. Trade deficit with EU was 25.8%. 2022 UK exported £340 billion to EU and imported £423 billion from EU, UK EU trade deficit was 19%. Engage brain. As a percentage the trade deficit has fallen dramatically. Oh Vinny Vinny Give it up even Farage Said it failed give it up It hasn't worked it hasn't worked. Give it up and move on and Accept it In 2016, the UK exported £548 billion of goods and services and imported £591 billion, resulting in a trade deficit of £43 billion. This equates to 2.2% of GDP, up from 1.7% in 2015. In 2016, the UK recorded its highest trade deficit to GDP ratio since 2010, when it reached 2.6%.9 Nov 2017 |
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Post by Totheleft on Feb 10, 2024 13:36:39 GMT
The trade deficit as a percentage of trade is down, work it out. 2016 UK exported £235.8 billion to EU whilst we imported £318 billion from EU. Trade deficit with EU was 25.8%. 2022 UK exported £340 billion to EU and imported £423 billion from EU, UK EU trade deficit was 19%. Engage brain. As a percentage the trade deficit has fallen dramatically. Its hard to see that as improvement. My pay was £100 a week and my bills £160. Now my pay is £150 a week and my bills are £210. Percentage wise I'm better off. I'm still £60 further in debt every week, but percentage wise... Thank you Zany you explained it better then me . No matter how Vinny tried to trust it were worse of. |
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Post by Vinny on Feb 10, 2024 13:48:34 GMT
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Post by Vinny on Feb 10, 2024 14:02:57 GMT
The trade deficit as a percentage of trade is down, work it out. 2016 UK exported £235.8 billion to EU whilst we imported £318 billion from EU. Trade deficit with EU was 25.8%. 2022 UK exported £340 billion to EU and imported £423 billion from EU, UK EU trade deficit was 19%. Engage brain. As a percentage the trade deficit has fallen dramatically. Its hard to see that as improvement. My pay was £100 a week and my bills £160. Now my pay is £150 a week and my bills are £210. Percentage wise I'm better off. I'm still £60 further in debt every week, but percentage wise... In 2015 we exported (globally) £548 billion and imported £591 billion. In 2022 we exported (globally) £838 billion and imported £906 billion. A far better situation than if we'd stayed in, because we'd only have exported £724 billion. www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculatorSo your pay would be £110 a week compared to bills of £210. Starting to see that there's a problem with the "oh but if only we'd remained everything would have been lovely" nonsense? |
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Post by Totheleft on Feb 10, 2024 14:06:19 GMT
Oh may you just had it explained to you by a man who runs 4 business And your still going on . Even my post 1 year after in 2917 we were in record deficit. And why just keep using the EU there n |
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Post by Vinny on Feb 10, 2024 14:08:20 GMT
Explained? All he did was demonstrate a complete ignorance of the trade stats.
Compare 2022 to 2015 and don't be the bad loser any more.
For ten years you've been sulking about Brexit and at that time we hadn't even had the referendum.
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Post by Totheleft on Feb 10, 2024 14:48:59 GMT
Explained? All he did was demonstrate a complete ignorance of the trade stats. Compare 2022 to 2015 and don't be the bad loser any more. For ten years you've been sulking about Brexit and at that time we hadn't even had the referendum. And seems like the Sulking for 10 yRd But your going on after Farage himself said it's failed is a different kettle of fish . Has for Zany don't know he can be wrong About being worse of when he used a example of Average what you kept going on about. Unless the law of Average I's wrong when. It comes to Trade Lol |
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Post by Vinny on Feb 10, 2024 15:01:11 GMT
The maths do not lie.
Take the 2015 export figure (the last year prior to the referendum) and put the value through an inflation calculator.
Compare to the 2022 export stats.
The trade deficit would be far higher had we stayed in, both in terms of actual cash value, and percentage.
So, stop sulking and going off topic.
This thread is supposed to be about austerity.
We were paying £9.5 billion a year to the EU in membership fees (post rebate) or £26,027,397 per day all to have a big trade deficit, an overvalued currency, and industrial decline.
We were wasting that money.
Now we are not wasting that money.
Get over it.
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Post by zanygame on Feb 10, 2024 15:22:08 GMT
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Post by Fairsociety on Feb 10, 2024 15:28:37 GMT
Back to reality ...
"The eurozone is teetering on the brink of a winter recession after the latest official figures showed its economy contracted by 0.1% in the third quarter of 2023".
Happy days ...
Government Debt in European Union increased to 13272709 EUR Million in 2022 from 12790561 EUR Million in 2021. Government Debt in European Union averaged 8813397.22 EUR Million from 2000 until 2022, reaching an all time high of 13272709.00 EUR Million in 2022.
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Post by Fairsociety on Feb 10, 2024 15:31:10 GMT
Oh BTW.... Under CEBR's long-run world economic rankings, the UK is expected to grow faster than all of the eurozone “big four” economies — France, Germany, Italy and Spain — but not as rapidly as the US
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Post by Fairsociety on Feb 10, 2024 15:31:42 GMT
LOL....
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Post by Totheleft on Feb 10, 2024 15:51:28 GMT
Back to reality ...
"The eurozone is teetering on the brink of a winter recession after the latest official figures showed its economy contracted by 0.1% in the third quarter of 2023".
Happy days ...
Government Debt in European Union increased to 13272709 EUR Million in 2022 from 12790561 EUR Million in 2021. Government Debt in European Union averaged 8813397.22 EUR Million from 2000 until 2022, reaching an all time high of 13272709.00 EUR Million in 2022.
Eurozone narrowly avoids recession as German economy shrinks How did miss this ? Let's compare Economy's Germany United Kingdom Currency: euro (1 EUR = 100 Cent) Sterling pound (1 GBP =100 Pence) Unemployment rate: 3.0 % 3.6 % Inflation rate: 6.87 % 7.92 % Cost of Living: (USA = 100%) 82.26 % 98.52 % Commercial taxes and contributions: 48.80 % 30.60 % Average income: 54,030 US$ 49,240 US$ Central government debt (% of GDP): 45.95 % 100.75 % General government debt (% of GDP): 66.54 % 101.36 % |
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