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Turnbull2000

Recession Over Says Niesr

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Anyone can be proved right if they have a printing press and are prepared to dump previously unthinkable amounts of money into the economy.

Think what would happen if you double the money supply in your standard game of Monopoly ...

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Guest UK Debt Slave
Front page of http://www.guardian.co.uk/

Not a good year for the forum if true. The detestable Anne Ashworth already looks correct in calling last winter's buyers the New Smugs for catching what may have been the bottom of prices.

Same headline in the Telegraph

http://www.telegraph.co.uk/finance/economi...NIESR-says.html

:lol::lol::lol:

Total utter fekkn fantasy

How many suckers who have lost their jobs are going to be sitting around scratching their heads wondering what the fekk is going on in this country?

It beggars belief that newspapers print this trash

There's a conclusion to be drawn from this.

They know the game's up and they are $hitting themselves

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However, NIESR cautioned against the idea that rapid economic growth is likely to resume in the near future. "There may well be a period of stagnation now, with output rising in some months and falling in others; the end of the recession should not be confused with a return to normal economic conditions," it said. It also compared the current downturn with previous recessions, pointing out that it can take four years or more for economic output to return to pre-crisis levels.

it's the recoveryless recovery!

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Guest UK Debt Slave
Anyone can be proved right if they have a printing press and are prepared to dump previously unthinkable amounts of money into the economy.

Think what would happen if you double the money supply in your standard game of Monopoly ...

Property prices are fixed in the Monopoly game

If the prices were floating according to a fluid money supply, guess who would win the game every time?

Begins with B, ends in R, 6 letters

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The technical recession maybe over but it is the growth in the future that is going to be the problem. The private sector may grow but the next government needs to reduce spending in the public sector so that needs to shrink. If they can pull of the complex task of reducing public sector spending by slightly less than the private sector is growing then we may see anaemic growth over the next 3, 4 or 5 years. If they have to cut public sector spending by more than the private sector is growing then we are in for 3, 4 or 5 years of pain.

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Property prices are fixed in the Monopoly game

Not true. As I understand it you can bid to buy properties off owners at any price you want.

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