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UK GDP surges ahead --- Q1/2013 +0.3 %
Comments
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Mr._Pricklepants wrote: »Considering it's your business' 2nd summer, I'd be very worried if it wasn't.
Well it was something I was doing as a hobby for a 4 years before hand, so I have had a few summers now, just only charged for the last 2.
Anyway its looking like doubling output is possible, which would be nice.
I am doing my bit anyway!
Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
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I'd put this down as moderately good news but within the range of expectations.
Managing the recovery is going to be very hard. I know I've said it before but how to unwind emergency policies while finessing the timing is beyond my ken.
I think the economy in most of the world apart from the Eurozone is recovering quite strongly. How interest rates rise and QE is unwound (if QE is unwound, I don't think it will be) will be very interesting.
It is a beguiling tale but given the ongoing monetary stimulus and competitive currency devlauations the commodities market is surely telling a different story? Or shall we put that down to US gas?!I think....0 -
Mr._Pricklepants wrote: »I'm genuinely chuffed when the economy does better than expected.
When I read about 27.2% unemployment in Spain, sinking business confidence in Germany and a continued fall in Eurozone output I realise how blessed we are to live in this country.
The greedy entitled left expect more as ever.:beer:0 -
grizzly1911 wrote: »I don't believe QE will be unwound either. I may have stopped the infection spreading but the patient is weakened for the medium to long term
I do wonder what the next crisis rabbit will be, there can't be many left after the constant juggling of the the last 30+ years.
At least you are in the best place apparently. Are you going for nationalisation?
There is a growing realisation, as well, that the country's unbroken 21-year run of economic growth sets it apart. The average Australian is becoming globally exceptional.
The changing face of the average Aussie
http://www.bbc.co.uk/news/magazine-22213218
Yup, the plan is to start the process of getting dual nationality when I get back from the UK in July.
I need to take an exam that tests me on some rubbish and pay a bunch of money. Then I get to vote Gillard out which will be nice.
I always thought it was no taxation without representation but the ATO have other ideas. Fascists.
You also can't work for the Federal Govt if you're not a citizen (they make exceptions occasionally). That includes the anti discrimination people!
The economy is going great guns here. The mining investment boom is slowing but the output will provide jobs for decades to come. I think that there's set to be another big boom in Aussie agriculture as increasingly rich Asians want a more western diet which they simply don't have the agricultural land to supply. I plan to buy a farm in a few years, maybe even with next years' bonus. We'll see.0 -
Second estimate confirms : +0.3%
http://www.ons.gov.uk/ons/rel/naa2/second-estimate-of-gdp/q1-2013/stb-second-estimate-of-gdp-q1-2013.html0 -
Mr._Pricklepants wrote: »Second estimate confirms : +0.3%
http://www.ons.gov.uk/ons/rel/naa2/second-estimate-of-gdp/q1-2013/stb-second-estimate-of-gdp-q1-2013.html
US PMI released yesterday your time(?) was 51.9. A nicely gently positive result. As that is almost a quarter of world GDP, when the US gets better, the rest of us stop sneezing.:T0
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