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Tonkers

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What on earth are they on about? That's the end of September. How about 'The current recession will end and we will get an even bigger one'?

No linky, just on BBC news.

Edited by Tonkers

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What on earth are they on about?

You obviously missed the threads over the past couple of days about the Bank of England expecting us to emerge from recession in Q3?

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What on earth are they on about? That's the end of September. How about 'The current recession will end and we will get an even bigger one'?

No linky, just on BBC news.

A load of codswallop.... :rolleyes:

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Guest DissipatedYouthIsValuable
And my dick's a bloater.

You could try feeding it a few less chips.

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Officially a recession is 2 quarters of negative growth innit?

But a recession is ended by a quarter of growth however small......

SO July, Aug and Sept will be a Quantitiatively eased and medicated uptick......(perhaps shortlived)....

What price an autumn election anyone?????

Edited by Hip to be bear

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Guest KingCharles1st

I think this is NOT about the economy.

Remember we talked about an OFFICIAL recession being three quarters/months? of negative growth- it took a long while to reach "recession" status.

So the reverse is true.

Brown and his henchmen are now looking to this one tiny weeny crappy little .0001+ figure, so they can OFFICIALLY say- "We brought you through a really tough time with flying colours."

All about the run up to 6th May 2010

Edited by KingCharles1st

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Nothing for anyone to worry about. When they say 'Recession to end in 40 days' they meant in the real world.

On HPC it will last for years. :lol:

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Nothing for anyone to worry about. When they say 'Recession to end in 40 days' they meant in the real world.

On HPC it will last for years. :lol:

Nob off Rinoa ;), haven't you got mortgages to sell?

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No what they mean is that the recession will end , unfortunately not as expected as it will cease to be a recession but be a full blown depression.

+1. I thought the end of Sept was when the dollar was supposed to blow up?

Edited by markinspain

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Nothing for anyone to worry about. When they say 'Recession to end in 40 days' they meant in the real world.

On HPC it will last for years. :lol:

Hasn't your iceberg melted yet? <_<

You can bet we will now get Labour MPs parroting 'we are out of recession, Jeremy' in the same way they said 'well placed' etc last year.

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What on earth are they on about? That's the end of September. How about 'The current recession will end and we will get an even bigger one'?

No linky, just on BBC news.

Its amazing isn't it ...and meanwhile BDEV shares jump 20% in one day!!

Whilst Merv at the BOE says Recession Will be the Worst in History

And :

.... he indicated that the financial crisis had been of a scale that rivalled anything previously witnessed in history. “We’ve been through an extraordinary financial crisis,†he said.

“One doesn’t need to ask questions about 'the worst since when’ since it may be hard to find any period in which it was actually worse.â€

Mr King added: “ What we have to do is to recognise that the banking sector is still in a very bad way. It will take several years for it to repair its balance sheets, to get back to the point when it will be weaned off very large amounts of public support and in a position again to lend normally.â€

Wish someone could help me understand what the hell is going on ......

I guess that is the problem with non-linear systems and chaos theory....at the end of the day it is totally unpredictable.....but who in their right or left mind would have expected property prices not only not to fall but start rising.....

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Guest Skinty

New Labour seem to think that as long as they can go up there and say positive stuff regardless of what's really happening then that's OK. It doesn't occur to them that 0.0001% growth because of excessive quantitative easing doesn't give the voter any more job security, doesn't reduce their crippling debt and doesn't change their voting intentions.

It's like Labour are only concerned about finding excuses so that they can carry on regardless.

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New Labour seem to think that as long as they can go up there and say positive stuff regardless of what's really happening then that's OK. It doesn't occur to them that 0.0001% growth because of excessive quantitative easing doesn't give the voter any more job security, doesn't reduce their crippling debt and doesn't change their voting intentions.

It's like Labour are only concerned about finding excuses so that they can carry on regardless.

I disagree, I think all this does occur to them... which just makes the whole thing even worse.

The whole thing is simply a process of selective use of statistics to wave in front of the dumb general public.

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Nothing for anyone to worry about. When they say 'Recession to end in 40 days' they meant in the real world.

On HPC it will last for years. :lol:

£8bn in non revenues in July. Everything is fine.

p p p p p p pick on a penguin.

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I disagree, I think all this does occur to them... which just makes the whole thing even worse.

The whole thing is simply a process of selective use of statistics to wave in front of the dumb general public.

+1

course they know... they got hundreds of advisors, and most of the population just take it as red that the recession will be over..its just that more shops and jobs will be lost, taxes will rise and services cut will cause a few issues for the next government.

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What on earth are they on about? That's the end of September. How about 'The current recession will end and we will get an even bigger one'?

No linky, just on BBC news.

One of the other free London papers has been pulled

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What on earth are they on about? That's the end of September. How about 'The current recession will end and we will get an even bigger one'?

No linky, just on BBC news.

What recession?

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