Snapshot of Eurozone inflation falls to 5.5% in sharp contrast to UK. Economists put reason for divergence down to Brexit and Britain’s energy price guarantee.

    • G4Z
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      1 year ago

      Yes it is maybes or could, that AI act is still not law and you have no idea what regulation the UK gov may or may not introduce. Further, I don’t believe anything in that act will prevent AI development anyway, which regulation is it exactly you think is going to be ‘overly restrictive’, they all sound very reasonable to me and I’m a technical person who works in IT, unlike you.

      So you ever going to answer my question then?

      What figure do you put on the cost per year, if you disagree with the OBR’s 100bn per year?

      • emerty
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        1 year ago

        I know how UK common law is written and how civil regs are, I’m not even going to begin arguing unless you demonstrate that you know the difference

        And the cost? UK govt has actually spent around £8b on brexit preparations

        The investment delay will be recouped

        UK was 2nd in Europe on GDP per capita in 2016 and is still 2nd in Europe in 2022 so it’s negligible.

        • G4Z
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          1 year ago

          And what is your source for that 8bn?

          Is that all the costs, I asked how much per year?

          UK was 2nd in Europe on GDP per capita in 2016 and is still 2nd in Europe in 2022 so it’s negligible.

          The measure is against where we would have been had we remained in the EU though.

          • emerty
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            1 year ago

            https://www.instituteforgovernment.org.uk/article/explainer/brexit-spending-government-preparations

            It’s impossible to prove where the UK would have been, a 100 year pandemic makes the brexit effect just noise. The synthetic counter factual models are smart but stupid.

            You do realise that your 4% forecast is also a could and maybe yeah?

            Here are the actual facts on GDP per capita. Maybe you understand pictures more easily than words

            https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=GB-XC-FR-DE-ES-IT&start=2016

            • G4Z
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              1 year ago

              So I asked you, how much is Brexit costing per year, and you’ve given me what was spent to prepare for Brexit. Can you see how these are not the same thing?

              I am getting a little tired of your constant dishonesty, I’m trying to be charitable with you, but I don’t really see how it’s possible to misunderstand such a simple question if you are as smart as you claim to be.

              It’s impossible to prove where the UK would have been, a 100 year pandemic makes the brexit effect just noise. The synthetic counter factual models are smart but stupid.

              Well of course because it’s predicated on a model of where we would have been had we not left the EU. It’s extrapolation in that sense, but it’s more than you have isn’t it?

              Here are the actual facts on GDP per capita. Maybe you understand pictures more easily than words

              Still not relevant to anything though, because as I said the measure is against where we would have been had we stayed in, not how well we still stack up in some rankings.

              • emerty
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                1 year ago

                Still not relevant to anything though, because as I said the measure is against where we would have been had we stayed in, not how well we still stack up in some rankings.

                It’s clearly relevant to our nearest economic peers…it’s actual data, in the measure that the OBR forecast, and not educated guesses.

                I’m tired of your dullness, goodbye

                • G4Z
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                  1 year ago

                  Well it was certainly interesting to engage, I’ll know exactly what to watch out for with you on your future posts.

                  Have a lovely evening :)