loginandtonic Posted December 8, 2009 Share Posted December 8, 2009 http://business.timesonline.co.uk/tol/business/economics/pbr/article6949470.ece Alistair Darling today will contest growing doubts over Britain’s economic recovery as he tries to show the markets that he is serious about halving the £180 billion deficit in four years. On the eve of his Pre-Budget Report, the Chancellor was confronted with figures that suggested that Britain would struggle to climb out of recession before the end of the year . . . Quote Link to comment Share on other sites More sharing options...
cashinmattress Posted December 8, 2009 Share Posted December 8, 2009 What the heck does Badger care? He's going to be the shadow chancellor in about 6 months. Quote Link to comment Share on other sites More sharing options...
sunonmars Posted December 8, 2009 Share Posted December 8, 2009 http://business.timesonline.co.uk/tol/business/economics/pbr/article6949470.ece Alistair Darling today will contest growing doubts over Britain’s economic recovery as he tries to show the markets that he is serious about halving the £180 billion deficit in four years. On the eve of his Pre-Budget Report, the Chancellor was confronted with figures that suggested that Britain would struggle to climb out of recession before the end of the year . . . Frankly Darling and Brown have created one big clusterf£ck. No way we are out of recession this year, manufacturing is in terminal state, the banks are in revolt. This is not a funny situation, Brown is f$cking with the recovery for personal election gain. Quote Link to comment Share on other sites More sharing options...
loginandtonic Posted December 9, 2009 Author Share Posted December 9, 2009 What the heck does Badger care? He's going to be the shadow chancellor in about 6 months. Frankly Darling and Brown have created one big clusterf£ck. No way we are out of recession this year, manufacturing is in terminal state, the banks are in revolt. This is not a funny situation, Brown is f$cking with the recovery for personal election gain. mega + myself + probably a few others here have been sniffing the breeze, bit by bit the newspapers are uncovering what we had guessed was going on. question now is can they keep the show even vaguely on the road that little bit longer to election day. common sense says their bluff has been called. but we'll see. at the moment the rise in property prices in areas where it is in fact true rather than a skew must be either utter madness or a dash for assets as daddybear forecast Quote Link to comment Share on other sites More sharing options...
Guest Steve Cook Posted December 9, 2009 Share Posted December 9, 2009 (edited) Frankly Darling and Brown have created one big clusterf£ck. No way we are out of recession this year, manufacturing is in terminal state, the banks are in revolt. This is not a funny situation, Brown is f$cking with the recovery for personal election gain. Unfortunately, there is no recovery to f*ck with All that our politicians have at their disposal is obfuscation and delaying tactics via the magic of QE and insanely low CB interest rates. That goes for the entire Western World. Edited December 9, 2009 by Steve Cook Quote Link to comment Share on other sites More sharing options...
loginandtonic Posted December 9, 2009 Author Share Posted December 9, 2009 Unfortunately, there is no recovery to f*ck with All that our politicians have at their disposal is obfuscation and delaying tactics via the magic of QE and insanely low CB interest rates. That goes for the entire Western World. exactly, my fears are the consequences once we catch up with this manure upstream Quote Link to comment Share on other sites More sharing options...
Mega Posted December 9, 2009 Share Posted December 9, 2009 Just in the last 10 days Darling & Gordo have started to get worried.........Shitl*ss................Either its an IMF loan or something BIG from the middle East is coming! Mike Quote Link to comment Share on other sites More sharing options...
Toilet-Currency Posted December 9, 2009 Share Posted December 9, 2009 (edited) "Comical Ali" - love it... does that mean Gordon & chief henchmen are imminently heading for a show trials (and hanging)? Cable (also in the TImes) is calling for a test to determine unequiviocal, sustainable growth before stimulus is rolled back. What a load of tosh. Cable is definitely not the genius that some made him out to be. CUT NOW ffs Edited December 9, 2009 by Toilet-Currency Quote Link to comment Share on other sites More sharing options...
Tonkers Posted December 9, 2009 Share Posted December 9, 2009 Gordon's run out of the Monopoly take a chance cards he has been using to run the country. Quote Link to comment Share on other sites More sharing options...
Guest Noodle Posted December 9, 2009 Share Posted December 9, 2009 Gordon's run out of the Monopoly take a chance cards he has been using to run the country. FX markets seem to agree with that today. Quid down the bog, start of? Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted December 9, 2009 Share Posted December 9, 2009 ...he tries to show the markets that he is serious about halving the £180 billion deficit in four years Does anybody else thing that is a pathetic target to aim at? It's still a £90 billion deficit. IMO, the deficit should be down to zero in four years so the debt/GDP ratio can start to go down (assuming GDP eventually goes up). VMR. Quote Link to comment Share on other sites More sharing options...
sunonmars Posted December 9, 2009 Share Posted December 9, 2009 Does anybody else thing that is a pathetic target to aim at? It's still a £90 billion deficit. IMO, the deficit should be down to zero in four years so the debt/GDP ratio can start to go down (assuming GDP eventually goes up). VMR. more than pathetic and a placebo considering he will probably not be the one reducing it. Quote Link to comment Share on other sites More sharing options...
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