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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out "Does it also show the baseline because that really matters. Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position."I haven't read it fully. This post came of the back of another as may know. The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year. I know you like to speak about football so, If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?"If Southampton lost their first 10 games then won the next 4 and if arsenal won their first 10 games and lost the next 4 who is the worst performing  | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
If Southampton lost their first 10 games then won the next 4 and if arsenal won their first 10 games and lost the next 4 who is the worst performing "If you ask today, on current form, Arsenal obviously. Isn't current form what we really care about? Can you provide any proof that disagrees with what I've written? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?"Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything."So is performing the wrong word? Performing to me speaks about the here and now? Doesn't it to you? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
If Southampton lost their first 10 games then won the next 4 and if arsenal won their first 10 games and lost the next 4 who is the worst performing
If you ask today, on current form, Arsenal obviously.
Isn't current form what we really care about?
Can you provide any proof that disagrees with what I've written?"Form is relative | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
If Southampton lost their first 10 games then won the next 4 and if arsenal won their first 10 games and lost the next 4 who is the worst performing
If you ask today, on current form, Arsenal obviously.
Isn't current form what we really care about?
Can you provide any proof that disagrees with what I've written?
Form is relative "Can you provide any proof that disagrees with what I've written? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?"No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form "Can you provide any proof that disagrees with what I've written? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form
Can you provide any proof that disagrees with what I've written?"Yes, winning 4 games after losing 10 means your performing poorly, just like being the only economy in the G7 that is below pre pandemic levels is performing poorly | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form
Can you provide any proof that disagrees with what I've written?
Yes, winning 4 games after losing 10 means your performing poorly, just like being the only economy in the G7 that is below pre pandemic levels is performing poorly "Of course | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form
Can you provide any proof that disagrees with what I've written?
Yes, winning 4 games after losing 10 means your performing poorly, just like being the only economy in the G7 that is below pre pandemic levels is performing poorly
Of course "Form is relative , | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form
Can you provide any proof that disagrees with what I've written?
Yes, winning 4 games after losing 10 means your performing poorly, just like being the only economy in the G7 that is below pre pandemic levels is performing poorly "How far below pre-pandemic levels? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out "As someone on another thread said. Context is everything. What I understand is that the U.K. economy is the only major world economy that has not yet returned to its pre-pandemic level. This suggests that it took quite a hit and is therefore indicating higher percentages because the base level is much lower. For example a 2% increase on a base line of 100 is more than a 3% increase on a baseline of 50. Notwithstanding any of this cock-fighting. The minuscule movements of the economy do not really impact ordinary people in any meaningful way, whereas inflation, energy prices, shit wages and incompetent governance directly impact ordinary people and this government has had its time. The longer they are hanging on, the more damage they are doing to the lives of ordinary people. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?"No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form
Can you provide any proof that disagrees with what I've written?
Yes, winning 4 games after losing 10 means your performing poorly, just like being the only economy in the G7 that is below pre pandemic levels is performing poorly
How far below pre-pandemic levels?
"More than any other G7 nation | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”. "That's performance, past and future. Performing, present. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form
Can you provide any proof that disagrees with what I've written?
Yes, winning 4 games after losing 10 means your performing poorly, just like being the only economy in the G7 that is below pre pandemic levels is performing poorly
How far below pre-pandemic levels?
More than any other G7 nation "Great, what was the % down by? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out "I think they switch to the cpi for growth figures when they need to cook the books rather than gdp.  | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No, it’s based on your position in the league (football) and compared with your historic results . Winning 4 games after losing 10 or being in the bottom 3 after being in the top 3 is poor form
Can you provide any proof that disagrees with what I've written?
Yes, winning 4 games after losing 10 means your performing poorly, just like being the only economy in the G7 that is below pre pandemic levels is performing poorly
How far below pre-pandemic levels?
More than any other G7 nation "You like to speak of relativity,so... The UK is the worst performing in since pandemic. The UK is mid table in Q4 2022. The UK is top of the table for whole of 2022. | |||
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| |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
"Ah but as soon it has happened it is past 
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast."Back to G7. Last full Quarter. Germany is the worst performing country in G7. | |||
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"Some people like to live in the past and not what's happening now. For example some people still think Manchester utd are a good side but in reality the better Manchester team is the city one." Amazing what a bigger budget and influx of cash can do (ie a healthier economy) | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7."I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?"Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years. Just depends what dataset you'd like to look at when you make the claim. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim."Like I said, baseline and context is everything! So fabtastic999 saying “worst performing G7” is demonstrably true in that context? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?"Isn't that moving the goalposts a little, when that position has now passed? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?"Like I keep stating, performance is relative, the UKs economy is still below pre pandemic level, the only nation in the G7 | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?"No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”*** However, for me the three year trend is more important than the three month trend. ***I don’t know if it is as not looked it up. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?"What has had the largest impact on worldwide economies? | |||
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| |||
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"How much in % is the UK's economy short of its pre-pandemic figures? " No idea, | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?"Hopefully that does actually happen  | |||
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| |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
As someone on another thread said.
Context is everything.
What I understand is that the U.K. economy is the only major world economy that has not yet returned to its pre-pandemic level. This suggests that it took quite a hit and is therefore indicating higher percentages because the base level is much lower.
For example a 2% increase on a base line of 100 is more than a 3% increase on a baseline of 50.
Notwithstanding any of this cock-fighting. The minuscule movements of the economy do not really impact ordinary people in any meaningful way, whereas inflation, energy prices, shit wages and incompetent governance directly impact ordinary people and this government has had its time. The longer they are hanging on, the more damage they are doing to the lives of ordinary people."Germany has bot returned to pre pandemic levels. It won't do for another quarter. Using tbe same measures as Germany. The uk recovered to pre pandemic levels in November 2021. The uk re measured its gdp to the oecd requirement and then went backwards. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?"No, not in terms of latest figures. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
Like I keep stating, performance is relative, the UKs economy is still below pre pandemic level, the only nation in the G7"No it is not. You are lying. Germany is below pre pandemic levels. You jave been told this | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up."If context is everything. You jave been told multiple times The uk recovered using the same adulation as Germany Italy etc in November 2021. The uk revisited its calculations in 2022 they revised them down. Germany Italy Canada Japan and the e.u as a whole have NOT revised those calculations. As you say context is everything. That is your contact. | |||
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"How much in % is the UK's economy short of its pre-pandemic figures? " As of the latest quarter -0.6% As of latest monthly data. -0.3 As of quarterly expectations for q1 2023 +0.2 Germany is currently -0.2 and expectations are at end of q1 2023 -0.4 As of old calculations uk economy is around 2% bigger than pre pandemic | |||
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| |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
If context is everything. You jave been told multiple times
The uk recovered using the same adulation as Germany Italy etc in November 2021.
The uk revisited its calculations in 2022 they revised them down.
Germany Italy Canada Japan and the e.u as a whole have NOT revised those calculations.
As you say context is everything. That is your contact.
"As per the other thread this is all comparing apples with pears. If everybody is measuring GDP differently than it is impossible to make any accurate prediction either positive or negative. It makes the whole premise of this and a few other threads completely moot! | |||
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"Oh and as we like context. The queen's death wiped of 0.5% of growth on the economy.m according to the ons." She could have held on a bit longer! How bloody selfish! | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
If context is everything. You jave been told multiple times
The uk recovered using the same adulation as Germany Italy etc in November 2021.
The uk revisited its calculations in 2022 they revised them down.
Germany Italy Canada Japan and the e.u as a whole have NOT revised those calculations.
As you say context is everything. That is your contact.
As per the other thread this is all comparing apples with pears. If everybody is measuring GDP differently than it is impossible to make any accurate prediction either positive or negative. It makes the whole premise of this and a few other threads completely moot!"Happy to say it's a moot point in the comparison regarding especially when trying to compare bad vs good data. If the uk outperforms its comparators, it does so with a weight tied around it'd neck, and we should investigate more why others don't follow agreed standards of measurement | |||
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"Oh and as we like context. The queen's death wiped of 0.5% of growth on the economy.m according to the ons. She could have held on a bit longer! How bloody selfish!" I assume during the coronation this will be offset somewhat. Which is why I think the Imf forecast leaves itself opened to be ridiculed. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
If context is everything. You jave been told multiple times
The uk recovered using the same adulation as Germany Italy etc in November 2021.
The uk revisited its calculations in 2022 they revised them down.
Germany Italy Canada Japan and the e.u as a whole have NOT revised those calculations.
As you say context is everything. That is your contact.
As per the other thread this is all comparing apples with pears. If everybody is measuring GDP differently than it is impossible to make any accurate prediction either positive or negative. It makes the whole premise of this and a few other threads completely moot!
Happy to say it's a moot point in the comparison regarding especially when trying to compare bad vs good data.
If the uk outperforms its comparators, it does so with a weight tied around it'd neck, and we should investigate more why others don't follow agreed standards of measurement"I agree with that. The worrying thing is that, I believe, measurement for GDP is used to establish a states credit rating by the likes of S&P. The UK lost its much vaunted triple A rating at some point in the last few years (can’t remember when) which in turn impacts the economy, cost of state borrowing (inc price if gilts) and thus impacts on all of us. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
If context is everything. You jave been told multiple times
The uk recovered using the same adulation as Germany Italy etc in November 2021.
The uk revisited its calculations in 2022 they revised them down.
Germany Italy Canada Japan and the e.u as a whole have NOT revised those calculations.
As you say context is everything. That is your contact.
As per the other thread this is all comparing apples with pears. If everybody is measuring GDP differently than it is impossible to make any accurate prediction either positive or negative. It makes the whole premise of this and a few other threads completely moot!
Happy to say it's a moot point in the comparison regarding especially when trying to compare bad vs good data.
If the uk outperforms its comparators, it does so with a weight tied around it'd neck, and we should investigate more why others don't follow agreed standards of measurement
I agree with that. The worrying thing is that, I believe, measurement for GDP is used to establish a states credit rating by the likes of S&P. The UK lost its much vaunted triple A rating at some point in the last few years (can’t remember when) which in turn impacts the economy, cost of state borrowing (inc price if gilts) and thus impacts on all of us."Nah typically for credit ratings it's central bank policies. ( but these will affect gdp long term) | |||
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| |||
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"Perhaps all countries that use the new method like the UK should publish results in both old and new format. Would be easier to compare until all major economies move to the new method" There's a reason they won't. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up."The problem is he never gives any context, just spouts the same old line, time and again. I'll go with The UK is the best performing economy in G7. FACT. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out "Nobody disagrees, as far as I am aware, that this is true. In depends very much on the mix of its industries and the wider global context. Also as to the circumstances of the previous year. What are you using it to do? It is not, necessarily, a good indication of a populations living conditions. Guyana had a GDP growth rate of 62% but 40% of the population lives in poverty. Also the trend is important. Over a year or a longer period, is growth constant, rising or falling? Which sectors are heading in which direction and how big a part of the UK economy are they? Is investment in the UK rising or falling? Is it in key strategic industries or fluff? There is someone who posts endlessly about the FTSE 100 index number as if it is of vital importance. There are others who talk up every positive UK economic figure, talk down every negative one and do the opposite for foreign countries. Some people do the opposite of that. Take your choice but don't pick one number and think that it tells you all that you need to know. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Nobody disagrees, as far as I am aware, that this is true.
In depends very much on the mix of its industries and the wider global context. Also as to the circumstances of the previous year.
What are you using it to do?
It is not, necessarily, a good indication of a populations living conditions.
Guyana had a GDP growth rate of 62% but 40% of the population lives in poverty.
Also the trend is important. Over a year or a longer period, is growth constant, rising or falling? Which sectors are heading in which direction and how big a part of the UK economy are they?
Is investment in the UK rising or falling? Is it in key strategic industries or fluff?
There is someone who posts endlessly about the FTSE 100 index number as if it is of vital importance. There are others who talk up every positive UK economic figure, talk down every negative one and do the opposite for foreign countries.
Some people do the opposite of that.
Take your choice but don't pick one number and think that it tells you all that you need to know."Quite a few disagree actually. I'm using the latest figures to dispell the myth that the UK is 'the worst performing economy in G7'. That's all. | |||
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| |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT."Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time "P.S. saying that though, _orleyman poured cold water on EVERY viewpoint around this G7 performance discussion as it appears countries are using different methodologies anyway. So it is actually therefore impossible to declare or know which economy is the best or worst performing in the G7! | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time
P.S. saying that though, _orleyman poured cold water on EVERY viewpoint around this G7 performance discussion as it appears countries are using different methodologies anyway. So it is actually therefore impossible to declare or know which economy is the best or worst performing in the G7! "That does seem to be the case. If countries are to be compared surely one of the first things is to measure them in the same way. This was why I mentioned that any country that is now measured in the new way should also show figures for the old way to. It gives newspapers good headlines I suppose but is not useful if you want to compare accurately. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time "Of course you do. We should compare 10 years instead of just 3 though. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Nobody disagrees, as far as I am aware, that this is true.
In depends very much on the mix of its industries and the wider global context. Also as to the circumstances of the previous year.
What are you using it to do?
It is not, necessarily, a good indication of a populations living conditions.
Guyana had a GDP growth rate of 62% but 40% of the population lives in poverty.
Also the trend is important. Over a year or a longer period, is growth constant, rising or falling? Which sectors are heading in which direction and how big a part of the UK economy are they?
Is investment in the UK rising or falling? Is it in key strategic industries or fluff?
There is someone who posts endlessly about the FTSE 100 index number as if it is of vital importance. There are others who talk up every positive UK economic figure, talk down every negative one and do the opposite for foreign countries.
Some people do the opposite of that.
Take your choice but don't pick one number and think that it tells you all that you need to know.
Quite a few disagree actually.
I'm using the latest figures to dispell the myth that the UK is 'the worst performing economy in G7'.
That's all."Equally, it is not the "best performing". Not FACT. It had the highest rate of GDP increase over the last year, comparing different measures of GDP. That is FACT as far as it is useful. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Nobody disagrees, as far as I am aware, that this is true.
In depends very much on the mix of its industries and the wider global context. Also as to the circumstances of the previous year.
What are you using it to do?
It is not, necessarily, a good indication of a populations living conditions.
Guyana had a GDP growth rate of 62% but 40% of the population lives in poverty.
Also the trend is important. Over a year or a longer period, is growth constant, rising or falling? Which sectors are heading in which direction and how big a part of the UK economy are they?
Is investment in the UK rising or falling? Is it in key strategic industries or fluff?
There is someone who posts endlessly about the FTSE 100 index number as if it is of vital importance. There are others who talk up every positive UK economic figure, talk down every negative one and do the opposite for foreign countries.
Some people do the opposite of that.
Take your choice but don't pick one number and think that it tells you all that you need to know.
Quite a few disagree actually.
I'm using the latest figures to dispell the myth that the UK is 'the worst performing economy in G7'.
That's all.
Equally, it is not the "best performing". Not FACT.
It had the highest rate of GDP increase over the last year, comparing different measures of GDP. That is FACT as far as it is useful."You obviously don't understand satire
Maybe you shouldn't get involved I something you don't know the context of | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Nobody disagrees, as far as I am aware, that this is true.
In depends very much on the mix of its industries and the wider global context. Also as to the circumstances of the previous year.
What are you using it to do?
It is not, necessarily, a good indication of a populations living conditions.
Guyana had a GDP growth rate of 62% but 40% of the population lives in poverty.
Also the trend is important. Over a year or a longer period, is growth constant, rising or falling? Which sectors are heading in which direction and how big a part of the UK economy are they?
Is investment in the UK rising or falling? Is it in key strategic industries or fluff?
There is someone who posts endlessly about the FTSE 100 index number as if it is of vital importance. There are others who talk up every positive UK economic figure, talk down every negative one and do the opposite for foreign countries.
Some people do the opposite of that.
Take your choice but don't pick one number and think that it tells you all that you need to know.
Quite a few disagree actually.
I'm using the latest figures to dispell the myth that the UK is 'the worst performing economy in G7'.
That's all.
Equally, it is not the "best performing". Not FACT.
It had the highest rate of GDP increase over the last year, comparing different measures of GDP. That is FACT as far as it is useful.
You obviously don't understand satire
Maybe you shouldn't get involved I something you don't know the context of "Yawn | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time
Of course you do. We should compare 10 years instead of just 3 though."Why stop there? How about 100 years? | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time
Of course you do. We should compare 10 years instead of just 3 though.
Why stop there? How about 100 years? "Exactly. People who want 3 years as the 'measure' only do so because it suits their argument. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time
Of course you do. We should compare 10 years instead of just 3 though.
Why stop there? How about 100 years?
Exactly.
People who want 3 years as the 'measure' only do so because it suits their argument."You see this sort of thing a lot. I suppose it's always been the case that people will pick and choose as suits. I read today that UK exports to the EU are up by 24.8%, to non EU up by 23.5% and inward investment into the UK from foreign companies has risen above 2 trillion pounds for the first time ever. All according to the OBR apparently. I suspect they leave out certain other information and mitigating facts to highlight their position but shows you can use official data to construct a story that could possibly be misleading | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time
Of course you do. We should compare 10 years instead of just 3 though.
Why stop there? How about 100 years?
Exactly.
People who want 3 years as the 'measure' only do so because it suits their argument.
You see this sort of thing a lot. I suppose it's always been the case that people will pick and choose as suits. I read today that UK exports to the EU are up by 24.8%, to non EU up by 23.5% and inward investment into the UK from foreign companies has risen above 2 trillion pounds for the first time ever. All according to the OBR apparently. I suspect they leave out certain other information and mitigating facts to highlight their position but shows you can use official data to construct a story that could possibly be misleading"Of course people will cherry pick data that suits their own view. The bit that's really quite frustrating though, they claim it as fact, as if its the only fact. Then when someone says something that contradicts they talk about 'context'. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time
Of course you do. We should compare 10 years instead of just 3 though.
Why stop there? How about 100 years?
Exactly.
People who want 3 years as the 'measure' only do so because it suits their argument.
You see this sort of thing a lot. I suppose it's always been the case that people will pick and choose as suits. I read today that UK exports to the EU are up by 24.8%, to non EU up by 23.5% and inward investment into the UK from foreign companies has risen above 2 trillion pounds for the first time ever. All according to the OBR apparently. I suspect they leave out certain other information and mitigating facts to highlight their position but shows you can use official data to construct a story that could possibly be misleading
Of course people will cherry pick data that suits their own view.
The bit that's really quite frustrating though, they claim it as fact, as if its the only fact. Then when someone says something that contradicts they talk about 'context'."Humans are not factual objective programmes or machines. Narratives and emotions matter more than facts. The side that harps on louder about facts in an argument ironically is the one that's more likely to lose. There's a reason why in war so much effort is put into winning hearts and minds over simply applying objective quantitatively superior firepower to wipe out the enemy. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time
Of course you do. We should compare 10 years instead of just 3 though.
Why stop there? How about 100 years?
Exactly.
People who want 3 years as the 'measure' only do so because it suits their argument."Not really. You need more than a quarter to be able to identify trends. That is just a statistical fact. Three years works because it takes us to just before the pandemic hit and before the impact of brexit started to be felt. | |||
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" Among G7 countries, the United Kingdom recorded the highest annual growth in 2022 (4.0%), followed by Italy (3.8%) and Canada (3.6%), while Japan recorded the lowest growth (1.1%). Does anyone have data that disagrees with this? So us your proof or keep out
Does it also show the baseline because that really matters.
Fastest growth is good. But if the hill is longer and steeper to climb then you are still in a worse position.
I haven't read it fully.
This post came of the back of another as may know.
The claim is that the UK is the worst performing G7 economy. Now I don't know about you but when I think about 'performing' I think recent performance. This is the most recent year.
I know you like to speak about football so,
If Southampton when their next 4 games, and Arsenal lose their next 4. Who is the worst performing?
Ah but that depends on what position they are in the league. If Southampton were bottom but their four wins lift them up they are still in the dangerous relegation zone. If Arsenal were top but their four losses drops them a few places, they are still very safely near the top of the table. Context is everything.
So is performing the wrong word?
Performing to me speaks about the here and now? Doesn't it to you?
No! Listen to the “small print” on any TV/Radio ad for any form of investment and you will hear them say “past performance is not an indication of future performance”.
That's performance, past and future.
Performing, present.
Ah but as soon it has happened it is past
Away from the football analogy and back to G7 etc, everything is either past performance (last full quarter) or an estimated forecast.
Back to G7.
Last full Quarter.
Germany is the worst performing country in G7.
I’ll take your word on it as not looked it up. But what is their average performance since April 2020 (ie through and then out of the pandemic)?
Oh if we take it since Q4 2019 then the UK are the worst performing. That's 3 whole years.
Just depends what dataset you'd like to look at when you make the claim.
Like I said, baseline and context is everything!
So fabtastic999 saying “worst performing G7” is demonstrably true in that context?
Isn't that moving the goalposts a little, when that position has now passed?
No because as I have said in multiple posts now on several threads, context is everything. So just as it would be correct to say “over the past 3 years the UK is the worst performing G7 economy” so too is it correct to say “over the last quarter the UK is the best performing G7 economy”***
However, for me the three year trend is more important than the three month trend.
***I don’t know if it is as not looked it up.
The problem is he never gives any context, just spouts the same old line, time and again.
I'll go with The UK is the best performing economy in G7. FACT.
Nah I prefer to look at a three year trend rather than a three month trend. Great if we have turned a corner though. Let’s compare again in 33mths time
Of course you do. We should compare 10 years instead of just 3 though.
Why stop there? How about 100 years?
Exactly.
People who want 3 years as the 'measure' only do so because it suits their argument.
Not really. You need more than a quarter to be able to identify trends. That is just a statistical fact. Three years works because it takes us to just before the pandemic hit and before the impact of brexit started to be felt."I gave you a year, you weren't happy with that. 3 years suits, it's clear to see. | |||
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