Saxo's prediction

fxmade2trade

Active member
229 6
He thinks they will measure the GDP by productivity instead of the inaccurate train wreck it is now ? How do you see that play out?
 

tomorton

Legendary member
7,191 945
As economists can't agree on this (like everything else in economics) it always leaves the door open to an oscillation in policy decisions between different approaches. Equally hard to see that these are vital.
 
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Ovitany

Junior member
14 2
I am not sure if GDP can be accurately measured in this manner. I mean productivity is one of indicators closely watched by market, but it is related to GDP and calculated using GDP figure. This is why I cannot well understand how they are exactly going to use productivity as measure of GDP?
 

Pat494

Legendary member
13,348 1,297
The usual fudge is to give the undeserving 3rd world country a billion or two of taxpayer's money hoping that they buy British goods.
A road to disaster by 2 faced politicians.!