• barsoap@lemm.ee
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    1 year ago

    That’s not what I asked for but ok bud.

    This is what you’re looking for: The Pandemic hit you way harder than it should have because it was a double whammy, now you’re rebounding faster that’s not surprising but you’re still quite a bit behind to where you should be.

    • Bernie Ecclestoned
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      1 year ago

      Lol, that model is bullshit

      These estimates are based on the ‘doppelgänger’ method, in which an algorithm selects countries whose economic performance closely matches the UK’s before Brexit

      How many times has it been revised? First they took out the USA part because of Trump, then they added in a bit of New Zealand’s economy. It’s a joke.

      It certainly cannot be said to be factual. It’s a synthetic counter factual, otherwise known as bullshit.

      • barsoap@lemm.ee
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        1 year ago

        How many times has it been revised? First they took out the USA part because of Trump, then they added in a bit of New Zealand’s economy. It’s a joke.

        No. That’s how the method works: You create a country that’s actually comparable. If a country changes, it may cease to be comparable.

        What’s your method, though? Comparing the UK to the rest of the EU? Our economic structure doesn’t even begin to be comparable! Same goes for comparisons against “near peers” countries being similarly wealthy doesn’t mean that they’re structured equivalently.

        • Bernie Ecclestoned
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          1 year ago

          That’s not what that model does. It picks pieces of different economies and puts them together like Frankenstein’s monster and then they chop a leg off because it no longer fits the narrative.

          Are you really saying comparing the 6 biggest economies in Europe is wrong? Lol

          It’s absurd to take that as proof of anything versus comparison with similar local economies 👇