London post-brexit as a financial center

Visaria said:
They are the countries that reported today as I said in my post. You really must learn to read.
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No, you have to learn understanding basic statistics before drawing conclusions. Posting what you did was useless to draw any conclusions, especially that EU is doomed. That is complete BS base on the info you posted.
You said:"EU is doomed. We are leaving a sinking ship." as conclusion of the data posted.
 
Sig said:
My point was that the UK and Canada are both very small compared to their next door neighbors the E.U. and the U.S. and that in either case a threat from them to "play hardball" with their immensely bigger neighbor is going to be laughed at. You actually reinforce my point with the "no, the UK's GDP is $2.67 trillion and Canada's is only $1.65". That's the joke, the absolute GDP amounts of these tiny neighbors are so comparatively small that only they could take seriously a difference in GDP of that magnitude, and what's more the percentage of the UK's trade with the EU vice the EU's trade with the UK is all that actually matters.
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Canadian GDP as a percentage of USA GDP is about 8%.

UK GDP of EU-27 GDP is 18%.

No, it really isn't the same thing and even less so when you then also take into account other factors that I've mentioned before such as the City of London being the world's largest financial centre, largest military in Europe, nuclear power, permanent seat in the UN Security Council, closest ally to the US etc.
 
Visaria said:
Today's numbers....

German industrial production falls by 0.4% v expected +0.7%

Spanish industrial production falls a whopping 6.3% v -2.3%

Italian retail sales down 0.4%.

Greek unemployment 18.5%.

EU is doomed. We are leaving a sinking ship.
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So I think UK industrial production fell .8% in the latest numbers released (https://www.ons.gov.uk/economy/econ...tput/bulletins/indexofproduction/november2018), does that mean the UK is a "sinking ship" that's sinking twice as fast as the EU?
And it looks to me like unemployment is falling in all the weakest EU countries, interesting you chose a point number instead of saying the also accurate "unemployment in Greece lowest in 6 years, 40% off the highs. High unemployment in Greece, that's pretty old news. Grasping again with the cherry picking my friend.
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Visaria said:
Canadian GDP as a percentage of USA GDP is about 8%.

UK GDP of EU-27 GDP is 18%.

No, it really isn't the same thing and even less so when you then also take into account other factors that I've mentioned before such as the City of London being the world's largest financial centre, largest military in Europe, nuclear power, permanent seat in the UN Security Council, closest ally to the US etc.
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Europes GDP in 2017 was 27.282T (https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=EU-US-CN). The UKs was $2.67T Simple math, 2.67/27.282= 9.7%, so not sure where you're cherry picking your data.
To be clear, you don't get to tell 90% what to do when you're 10% or "play hardball", and if you're arguing about how sub 10% you are or cherry picking what EU countries you're counting you've already lost the argument. And the more instructive number is what percentage of the UK's trade is with the EU vs the percentage of the EU's total trade is with the UK. What's that number?

If you really think that the EU is somehow going to feel threatened by the "largest military in Europe, nuclear power", well that's pretty scary if that's actually representative of the Brexit camp mindset.
 
Visaria said:
As i said to schweiz, it's just the numbers that were reported today.
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As you said to schweiz, I am going to cherry pick one of Germany's numbers from today and not compare them to the UKs numbers to "prove" my point. If any of us cared enough we could find 10 recent numbers showing the "sinking ship" of the U.K. Throwing them out in isolation like you did would be meaningless, which is why none of us do, but we certainly could scrounge them up if that was our idea of intelligent discussion.
 
Sig said:
As you said to schweiz, I am going to cherry pick one of Germany's numbers from today
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No, that was the main (only?) number for Germany that was reported today. What i should have emphasised more was that the consensus expectation of this figure was positive 0.7%....that it came out negative 0.4% was a bit of a shock..I think the euro sold off heavily.
 
Visaria said:
As i said to schweiz, it's just the numbers that were reported today.
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Yes, but your conclusion of a doomed EU, a sinking ship, based on these numbers is complete nonsense.
If I find a EU country that has better numbers in industrial production it means then that the UK is a sinking ship???
 
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