Miscellaneous News

9dashline

Captain
Registered Member
Yup, back to the dark ages, -11% is just a warm up.


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UK GDP saw its biggest drop in 300 years – data​

Revised data for 2020 showed the country’s economy shrank 11%

The British economy shrank by 11% in 2020, its largest drop in 300 years, revised data from the UK Office for National Statistics (ONS) showed on Monday. The previous reading had been a 9.3% decline.

This happened to be the biggest drop since the ONS began keeping records and the UK’s largest GDP slump since 1709, the year of the ‘Great Frost,’ when the country’s economy shrank by 13.4%, according to historical data provided by the Bank of England.

The downward revision was triggered by new data showing the effect the Covid-19 pandemic had on healthcare and individual retailers.

The health service faced higher costs than we initially estimated, meaning its overall contribution to the economy was lower,” ONS analyst Craig McLaren explained, adding that retailers also faced higher costs, which prompted statisticians to revise their contribution to the economy.

In 2021, the British economy largely returned to its pre-pandemic levels. However, since the start of this year, it has been increasingly battered by rising inflation, and analysts now fear the country could tip into recession by the end of the year.

The ONS is due to publish its updated growth figures for 2021 and the first half of 2022 in September. The agency routinely updates its GDP estimates when it obtains more data.
Folks were wondering how China was going to topple US GDP Nominal before 2028.... this is how.... at least UK is partially honest, there is no way US real GDP didnt shrink by at least 5 % (maybe they have a guy shouting there is no recession for 5 hours)

Largest drop in 300 years? Hmmm... This is just the beginners starter course. Let me give yall a hint, what the oil age giveth, the oil age taketh away. UK going back to the ways things were before the industrial revolution soon, the ultimate irony of ironies.

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Nobo

Junior Member
Registered Member
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Buying more now so we don't have to buy from you later. :rolleyes::rolleyes:
Kinda mart move though .They have more brain than Math oppressed peoples. :rolleyes:

Their math isn't doing that good in recent times
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In other news, Happy Independence day. Seems they are going to be made independent on more..permanent basis.
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State Department urges Americans to leave Ukraine; UN says world is at a moment of ‘maximum danger’​

 

Peas

Junior Member
Registered Member
NewYork Times Chinese:
What China and Russia have in common is that both countries currently run large trade surpluses. Is this surplus a sign of strength? Is it evidence that tyranny works?
No, in this case, surpluses are a sign of weakness and a sign of trouble for dictatorships. For China, the trade surplus is the result of long-term internal problems that may eventually become unavoidable.
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CHINA IS GOING TO COLLAPSE

RUSSIA IS GOING TO COLLAPSE
USA IS GOING TO VICTORY
 

siegecrossbow

General
Staff member
Super Moderator
NewYork Times Chinese:
What China and Russia have in common is that both countries currently run large trade surpluses. Is this surplus a sign of strength? Is it evidence that tyranny works?
No, in this case, surpluses are a sign of weakness and a sign of trouble for dictatorships. For China, the trade surplus is the result of long-term internal problems that may eventually become unavoidable.
View attachment 96017
CHINA IS GOING TO COLLAPSE

RUSSIA IS GOING TO COLLAPSE
USA IS GOING TO VICTORY

What happens when you let scammers run your Chinese language Twitter.
 

daifo

Major
Registered Member
Thought it was only Chyna /s. It just mentions India, but would not be surprise if it is the rest of the "rule based / human rights / democracy loving promoter"

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  • Government agents. Twitter is a key tool for sharing news and organizing protests, making it a ripe target for governments looking to crack down on dissent. Zatko’s complaint states that he believes the Indian government forced Twitter to hire a government agent, who then had “access to vast amounts of Twitter sensitive data.”"
 

Peas

Junior Member
Registered Member
Thought it was only Chyna /s. It just mentions India, but would not be surprise if it is the rest of the "rule based / human rights / democracy loving promoter"

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The Foreign Ministry in Belgrade said Monday that Twitter had "suspended" the accounts of seven Serbian embassies and U.S. consulates. Serbia has asked Twitter to unblock the accounts, saying such censorship of pro-European democracies that uphold freedom of expression is unacceptable.

The accounts of the embassies of Armenia, Ghana, Iran, Indonesia, Kuwait, Nigeria and Zimbabwe were "suspended" on August 18, Serbia's foreign ministry said on Monday. So is the U.S. consulate in Chicago, Illinois. The suspension occurred "without any explanation or prior notice of a possible violation of social network rules."

"Without reference to Twitter's commercial policy, we note that it is unacceptable to censor the diplomatic office of a democratic country that is not subject to any sanctions," Belgrade said.

"Serbia is a country strategically committed to joining the European Union, and our political and democratic standards - including media freedom - have been adjusted to meet the highest European standards," the Serbian Foreign ministry said in a statement. "It is therefore absurd that a range of our diplomatic and consular agencies should be censored on a social network that boasts of promoting democracy and pluralism of opinion."

Belgrade hopes the ban "is not part of an attempt to obstruct or suppress Serbia's efforts to get to the truth," especially regarding the situation in Kosovo, the ministry added.
 
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