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State of the Economy
Topic Started: Dec 2 2004, 11:55 AM (227 Views)
Fesarius
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Admiral
DS,

Also, 3% and 3.9% are a huge difference when speaking of interest. :)
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Admiralbill_gomec
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ds9074
Dec 3 2004, 09:08 AM
When you look at one of our (UK's) main competitors in Germany and see them talking about 1.5% growth (they call that a "good" year), the differences between the US and UK seem less significant. Both are growing fairly strongly. Also as I understand your calcuation the difference between 3.5 and 3.9 would be about 10%, so it depends on the figures you take. Economics is a funny thing and it can change round quickly, in the early 1990s it was the UK that was in trouble and Germany was doing well, nevertheless if the current trend continues I was reading the UK will overtake Germany and become the largest economy in the EU in about 10 years or so.

Forget Continental Europe, DS... the UK is the only nation on your side of the Atlantic having a good year.
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ds9074
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It difficult to forget continential Europe since thats where we do most of our trade.
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Hoss
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Don't make me use my bare hands on you.
You may be pleased to know that about 14 months ago we finalized a deal with a British company to sell us a key component (manufactured in Britain) for a product we make. That product has gone over gang-busters and the British company has made a ton of money from us this last year. They are now kissing our butt for more business. ;)

For their part they have delivered a very reliable product and excellent service in an area in which my company has no expertise and beat out a Chinese supplier for our business.

A mutually beneficial relationship that pleases me no end. ;)
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ds9074
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Admiral
Nice to hear
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