The UK Economy Just Flipped.
The ONS has come out with some pretty extraordinary data that wipes away the narrative that has dominated the UK in the last 3 years.
Here is the link to The Daily Upside. https://bit.ly/44pU0F5 It is completely free to sign up.
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Links from the video:
UN document on SUT:
https://www.cepal.org/sites/default/files/presentations/supply-use-tables-workshop-sut-eclac-unsd-2021.pdf
BBC article: https://www.bbc.co.uk/news/business-6668018
The ONS paper: https://www.ons.gov.uk/economy/grossdomesticproductgdp/articles/impactofbluebook2023changesongrossdomesticproduct/2023-09-01
Research Materials/sources and further reading:
https://www.ft.com/content/50386cc2-003b-4af1-946b-cf3243da810f
https://news.sky.com/story/the-uk-actually-fared-much-better-after-covid-than-first-thought-heres-why-it-matters-12952220
https://www.standard.co.uk/business/uk-economy-gdp-covid-pandemic-rebound-ons-figures-statistics-growth-recession-decline-b1104209.html
https://www.afr.com/world/europe/england-no-longer-the-sick-man-of-europe-after-gdp-revision-20230902-p5e1gg
https://www.thetimes.co.uk/article/uk-economy-bigger-than-before-covid-revised-ons-figures-show-v8v2t3vvt
https://finance.yahoo.com/news/2-uk-economy-surpassed-pre-092155002.html
https://thecritic.co.uk/downfall-of-the-brexit-doomers/
https://www.ft.com/content/7b95e3d9-c5a1-42d5-84a8-921c9088ca1c
Timestamps:
00:00 - This document changes everything.
01:17 - Black magic
02:45 - How big are the changes?
03:44 - This is a big mess up
05:19 - The Daily Upside
05:59 - How has this happened?
06:43 - Cutting the ONS some slack
08:38 - I don't know how to feel
09:19 - Proof everyone was wrong
10:04 - SUT framework
11:56 - "We don't care about you"
Видео The UK Economy Just Flipped. канала Damien Talks Money
Here is the link to The Daily Upside. https://bit.ly/44pU0F5 It is completely free to sign up.
The brokers I use:
InvestEngine
https://investengine.pxf.io/eKR40z
Get a £25 bonus when you invest at least £100
Trading 212
https://trading212.com/promocodes/DAMIEN
If you do not get your free share after depositing £1. Use promo code DAMIEN, you will find it in the section with the three lines in the bottom right corner of the app.
Vanguard
https://www.vanguardinvestor.co.uk/
This is not an affiliate link
Links from the video:
UN document on SUT:
https://www.cepal.org/sites/default/files/presentations/supply-use-tables-workshop-sut-eclac-unsd-2021.pdf
BBC article: https://www.bbc.co.uk/news/business-6668018
The ONS paper: https://www.ons.gov.uk/economy/grossdomesticproductgdp/articles/impactofbluebook2023changesongrossdomesticproduct/2023-09-01
Research Materials/sources and further reading:
https://www.ft.com/content/50386cc2-003b-4af1-946b-cf3243da810f
https://news.sky.com/story/the-uk-actually-fared-much-better-after-covid-than-first-thought-heres-why-it-matters-12952220
https://www.standard.co.uk/business/uk-economy-gdp-covid-pandemic-rebound-ons-figures-statistics-growth-recession-decline-b1104209.html
https://www.afr.com/world/europe/england-no-longer-the-sick-man-of-europe-after-gdp-revision-20230902-p5e1gg
https://www.thetimes.co.uk/article/uk-economy-bigger-than-before-covid-revised-ons-figures-show-v8v2t3vvt
https://finance.yahoo.com/news/2-uk-economy-surpassed-pre-092155002.html
https://thecritic.co.uk/downfall-of-the-brexit-doomers/
https://www.ft.com/content/7b95e3d9-c5a1-42d5-84a8-921c9088ca1c
Timestamps:
00:00 - This document changes everything.
01:17 - Black magic
02:45 - How big are the changes?
03:44 - This is a big mess up
05:19 - The Daily Upside
05:59 - How has this happened?
06:43 - Cutting the ONS some slack
08:38 - I don't know how to feel
09:19 - Proof everyone was wrong
10:04 - SUT framework
11:56 - "We don't care about you"
Видео The UK Economy Just Flipped. канала Damien Talks Money
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