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Piccalilli Pit
A Different Bias
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Comments by "Piccalilli Pit" (@piccalillipit9211) on "" video.
I DONT HAVE A FUNNY COMMENT this is just tragic beyond words, the 2008 crash was a 6% contraction of the UK economy 4+2 = 6% In the time SINCE the 2008 crash the UK economy had recovered 11%, if you add the 2 year pandemic suspension of growth to the 6% GDP drop - you are almost back to 2008. Then you have to compound the 4% cos there is no recovering from that. So in 10 years the UK will be about 15% behind where it would have been and 15 years behind the EU.
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@rjkmusicmedia "but with our recovery being one of the fastest and largest in the world (6-7%)" That just shows a lack of understanding of maths.
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@abbofun9022 - EXACTLY cos as time goes on we go backwards cos there is no recovering the 4%. You have to compound the 4% cos there is no recovering from that. So in 10 years the UK will be about 15% behind where it would have been and 15 years behind the EU. It negative compound growth, you are moving the slider for the start point further back so you never catch up. You drop FURTHER behind.
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@rjkmusicmedia - I know the numbers are correct- you don't understand how percentages work. The UK was hit WAY harder than the EU so its base number is much smaller so a small increase in a tiny base numb...... Forget it - why am I having to explain this to you. You wont understand if I explain it cos you dont want to understand cos you like 6% as a growth figure and thats all that country.
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