Shhh! Six Months After Brexit Vote, UK 'Has World's Top Economy'

the U.S. press told the American people that the UK economy would suffer greatly as a result. Moody's economist and max Hillary Clinton contributor Mark Zandi predicted that it would be "going down the rabbit hole." At CBS News, Mellody Hobson said that "they're acting as if a recession is a foregone conclusion."

Britain ended last year as the strongest of the world’s advanced economies with growth accelerating in the six months after the Brexit vote.


Business activity hit a 17-month high last month, meaning that the economy grew by 2.2 per cent last year — more than the six other leading nations, including the US, Germany and Japan.


Far from slowing after the referendum in June, as predicted by the Treasury and Bank of England, growth appeared to have improved. GDP grew at 0.3 per cent and 0.6 per cent in the first two quarters of last year, compared with 0.6 per cent and an estimated 0.5 per cent in the final period.

https://www.newsbusters.org/blogs/n...s-after-brexit-vote-uk-has-worlds-top-economy

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The opposite occurred... which tells us about our media, and the so-called Demokrat economists they hire.

It's yet another **** in the pants moment for Demokrats... wrong, wrong, wrong and wrong again... just as they were wrong about the Stock Exchange after Trump's win.

Britain has world’s top economy | News | The Times & The Sunday Times

Brexit news - ex IMF expert says UK economy will prosper outside the European Union | Politics | News | Daily Express

http://www.worldtribune.com/boom-uks-economy-worlds-strongest-after-brexit/

Shhhh! Brexit hasn't happened yet!

Cardinal said:

Shhhh! Brexit hasn't happened yet!

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It has. The votes were counted, now they have to negotiate the extraction from the anus called the EU.

After the vote, the sky was supposed to fall. Whoops!!! Leftists wrong yet again.

Just think of the size of omelette Libs will have on their faces after 4-years of Trump!!!

zimmer said:

It has. The votes were counted, now they have to negotiate the extraction from the anus called the EU.

After the vote, the sky was supposed to fall. Whoops!!! Leftists wrong yet again.

Just think of the size of omelette Libs will have on their faces after 4-years of Trump!!!

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It isn't over till the fat lady sings. It would be irrational for May ti push the button until the EU has made the adjustments that even the most obstinate eurocrats and EU lobbyists know are necessary. Leaving earlier would be grossly negligent independent of the UK staying or leaving at the end.

Hopefully we will get a Calexit soon to compete with them

zimmer said:

It has. The votes were counted, now they have to negotiate the extraction from the anus called the EU.

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Brexit isn't a vote, it's the exit of Britain from the EU. Until that exit actually happens, it, uh, hasn't happened. The proponents of Britain staying in the EU claim that harm to the economy of Britain will result from no longer having the trade and financial bonds with Europe. Until Britain is officially out of the EU and operating for a while as its own economic zone, it'll be impossible to know who is right.

Now, that said, I think indications are that globalism is bad for wealthy countries, though it depends on a host of factors. I think it's more likely than not that Britain will benefit from Brexit. But we won't know until it happens.

zimmer said:

The opposite occurred... which tells us about our media, and the so-called Demokrat economists they hire.

It's yet another **** in the pants moment for Demokrats... wrong, wrong, wrong and wrong again... just as they were wrong about the Stock Exchange after Trump's win.

Britain has world’s top economy | News | The Times & The Sunday Times

Brexit news - ex IMF expert says UK economy will prosper outside the European Union | Politics | News | Daily Express

Boom: UK’s economy world’s strongest after Brexit shock – World Tribune: Window on the Real World

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So when did Britain actuallly LEAVE the EU? Oh yeah, they haven't yet.

ashurbanipal said:

Brexit isn't a vote, it's the exit of Britain from the EU. Until that exit actually happens, it, uh, hasn't happened. The proponents of Britain staying in the EU claim that harm to the economy of Britain will result from no longer having the trade and financial bonds with Europe. Until Britain is officially out of the EU and operating for a while as its own economic zone, it'll be impossible to know who is right.

Now, that said, I think indications are that globalism is bad for wealthy countries, though it depends on a host of factors. I think it's more likely than not that Britain will benefit from Brexit. But we won't know until it happens.

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No. There were dire predictions of immediate economic hardship, if not cataclysm, following the vote, not the formal exit.

The Guardian was reporting it breathlessly when they thought it was starting. This is a week after the vote.

https://www.theguardian.com/busines...ectors-post-brexit-vote-counter-growth-figure

Some of those dire predictions were based on worse case scenarios of HOW Britain would exit the E.U. Just because the worst case scenario hasn't occured does not mean the long term predictions on harm to the U.K. economy, harm that is practically inevitable, won't occur. I understand Britain's move, but this was an extremely short sighted course of action during a time of decline for Western power relative to others. The E.U. and its economy is about the only thing making Europe relavent on the world scene anymore. Britain now practically has no power now. The E.U. is going to dick them over for sure to set an example for future member countries who think they can throw their weight around and threaten to leave.

Harshaw said:

No. There were dire predictions of immediate economic hardship, if not cataclysm, following the vote, not the formal exit.

The Guardian was reporting it breathlessly when they thought it was starting. This is a week after the vote.

https://www.theguardian.com/business...-growth-figure

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So, the link talks about a "slowdown" and some "challenges," for which, it is opined, there will be tools available to manage through the "period of adjustment." Not hardship or cataclysm.

That said, I'm familiar with some of the predictions you mention, and agree I wasn't thinking about those when I posted, so your point is a fair one. But that said, I guess I thought we were talking about the long-term consequences of Brexit...which we cannot yet know. To say the British economy is doing well now doesn't really tell us much about what will happen as a result of Brexit.

Remember when the futures dove 800 points on election night and the market was going to crash.....before it didn't?

Just ignore liberals. They understand nothing. Brexit will give England its prosperity and identity again.

"Business activity hit a 17-month high last month, meaning that the economy grew by 2.2 per cent last year — more than the six other leading nations, including the US, Germany and Japan. Far from slowing after the referendum in June, as predicted by the Treasury and Bank of England, growth appeared to have improved. GDP grew at 0.3 per cent and 0.6 per cent in the first two quarters of last year, compared with 0.6 per cent and an estimated 0.5 per cent in the final period."

So...the IMPROVED PERFORMANCE post Brexit...well...thats just a happy coincidence...right? Sort of like markets responding FAVORABLY after the Trump election. Pure coincidence. Never mind that all the prophets of doom predicted melt downs...

:lamo

Y'all are a crack up. Then again...y'all are the same people that will see the spoken words of CEOs announcing changes in their US investments attributed to the new president and a more favorable business climate and will deny the new president and a more favorable business climate has anything to do with their announcements.