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UK economy will overtake France to become second biggest economy in Europe next year, IMF predicts

Discussion in 'The Americas' started by HMS Astute, Oct 11, 2014.

  1. xXx

    xXx FULL MEMBER

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    nobody can know what upon in the next 10 years, nobody was able to see the crisis in 2007 with the fail of sub prime and the bankrupcy of Lehman Brothers.

    15 years ago Germany was the sickman, now it is the first powerful economy european country, it is just question of unpredicable cycle and world event consequence.

    come back in 10 year in the topic for check it.

    German model is ruinous for Germany, and deadly for Europe - Telegraph
     
    Last edited: Oct 12, 2014
  2. HMS Astute

    HMS Astute BANNED BANNED

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    France is a great country, but their current president is a total twat though.
    [​IMG]
     
  3. BMD

    BMD Lt. Colonel ELITE MEMBER

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  4. Picdelamirand-oil

    Picdelamirand-oil Lt. Colonel MILITARY STRATEGIST

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  5. randomradio

    randomradio Mod Staff Member MODERATOR

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  6. Picdelamirand-oil

    Picdelamirand-oil Lt. Colonel MILITARY STRATEGIST

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    Where to live in Paris? :: IndiansInFrance.Com :: Indian, Community, Association, France, Paris, Lille, Lyon, Toulouse, Marseille, Avignon, Grenoble, Nice, Rennes
     
  7. randomradio

    randomradio Mod Staff Member MODERATOR

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  8. HMS Astute

    HMS Astute BANNED BANNED

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    UK has always got a massive public debt due to it's tremendously large banking system, loan companies and financial service industries. If the UK debt, it's credibility and economic structure was in perilous condition, it's credit rating would have been frightful like Argentina's, Russia's, India's, Pakistan's and the rest of other developing countries. Japan, Singapore, Greece, US, Italy, Belgium, and Canada have bigger debt than the UK in terms of % of GDP. The governments of US, Japan, China, Germany, France etc also have bigger debt than UK government.

    UK has the best credit rating in the world (AAA+ Stable) alongside Sweden, Switzerland, Norway, and it's former colonies like Australia, Canada, Hong Kong and Singapore etc.

    UK has the biggest number of Forbes Global 2000 companies in Europe, and it's ranked 4th globally.

    UK is ranked 2nd in the world in terms of Foreign Direct Investment.

    UK is the world's 4th biggest exporter. (Who says we don't produce shit anymore!)

    UK is ranked top 10 in terms of ease of doing business.

    UK has the world's biggest financial centre, and London is one of Alpha++ Global cities out of 2. (Other one being New York).

    UK is the world's 2nd biggest aid donor and most generous country in the world.

    UK has one of the lowest unemployment rates in Europe just behind Germany, Austria and Norway.

    UK is the fastest growing economy in not only G7, but among the entire major developed economies.

    Just travel more and ask the people in Spain, Portugal, Greece, Italy, Croatia, Latvia, Poland, Lithuania, France, Czech Republic, Cyprus, Slovakia, Romania, Estonia, Turkey, South Africa etc they will tell you that they wanna move to UK to look for jobs and seek a better life. London is now full of Indian, Pakistani, Polish, Russian, Italian, French, Nigerian, other Africans and Middle Eastern immigrants who proudly call the UK their second home.
     
    Last edited: Oct 13, 2014
  9. Picdelamirand-oil

    Picdelamirand-oil Lt. Colonel MILITARY STRATEGIST

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    Jean Tirole wins Nobel prize for economics 2014
    French economics professor wins for his work on market power and regulation, and his work taming powerful firms

    Jean Tirole wins – live analysis and reaction
    Nobel prizes 2014 – the winners
    Analysis: Why Tirole’s work matters in the Age of Google
    As he was awarded the economics prize – the first without an American winner or joint winner since 1999 – Tirole was asked how his theories could be used to keep companies such as Google in check. His response was that while some industries had a tendency to become monopolies this was not a problem as long as they could be replaced by new firms. “You need to have possible entry … so that more dynamic firms can replace incumbent firms,” he said.
    The award, first handed out in 1969 by the Swedish central bank at the same time as the other awards handed out in memory of Alfred Nobel, has been won by 74 individuals, some of whom have become familiar names such as Joseph Stiglitz – with whom Tirole has worked in the past – James Tobin and Milton Freedman. Only one woman has ever won, Elinor Ostrom in 2009.
    Last year, the prize when to three economists Eugene Fama, Lars Hansen and Robert Shiller for their work in predictions in financial markets.
     
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  10. HMS Astute

    HMS Astute BANNED BANNED

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    I hear the same atrocious state of French economy and businesses there in almost every time i speak to my French clients at work and also write to French forumers in economic sections online. Things are not looking good in the land of love under this unloved Hollande regime.

    Economie française
     
  11. HMS Astute

    HMS Astute BANNED BANNED

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  12. HMS Astute

    HMS Astute BANNED BANNED

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    Countries by Credit Rating
    [​IMG]

    [​IMG]
     
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  13. Zeus_@21

    Zeus_@21 Major SENIOR MEMBER

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    Time will tell the truth. Economics can change with the tide of time.
     
  14. BMD

    BMD Lt. Colonel ELITE MEMBER

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    What you need to do is put a halt on mass acquisitions and mergers, the sole intention of which is to destroy competition.
     
  15. Picdelamirand-oil

    Picdelamirand-oil Lt. Colonel MILITARY STRATEGIST

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    French that have such a skewed view of reality, we don't needs them, they can go to England, we prefer to exchange them against some English who have a healthier view of reality.
     

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