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eric pebble

It's Time For Plan B: Fears Growing That Economy Could Crash Again

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It's time for Plan B: Fears growing that economy could crash AGAIN.

Senior Government officials are drawing up a 'Plan B' as fears grow that another sharp downturn could cripple Britain.

Cabinet Secretary Sir Gus O'Donnell is believed to have drawn up a top secret paper calling on the Government to consider yet more quantitative easing in a bid to halt a double-dip recession.

The plan - seen by the Financial Times - sets out three options available if a further crunch threatens the economy.

Read more: http://www.dailymail.co.uk/news/article-1338501/Its-time-Plan-B-Fears-growing-economy-crash-again.html#ixzz186h1chhT

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It's time for Plan B: Fears growing that economy could crash AGAIN.

Senior Government officials are drawing up a 'Plan B' as fears grow that another sharp downturn could cripple Britain.

Cabinet Secretary Sir Gus O'Donnell is believed to have drawn up a top secret paper calling on the Government to consider yet more quantitative easing in a bid to halt a double-dip recession.

The plan - seen by the Financial Times - sets out three options available if a further crunch threatens the economy.

Read more: http://www.dailymail.co.uk/news/article-1338501/Its-time-Plan-B-Fears-growing-economy-crash-again.html#ixzz186h1chhT

Am I just thick and missing something TOP SECCRET PAPPER but the FT has seen it :unsure: thats one hell of a way to keep a seccret

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Am I just thick and missing something TOP SECCRET PAPPER but the FT has seen it :unsure: thats one hell of a way to keep a seccret

It called managing inflation expectations.

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Some plan is better than no plan?

Not really, Hitler had a fair few plans in 1945, thankfully it didn't quite work out as he wanted it to.

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There was a plan A?

Plan A was entitled - 'How the Labour party will destroy Britain and the Country in less than 15 yrs'. (by G. Brown and T. Bliar).

Edited by Errol

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It's time for Plan B: Fears growing that economy could crash AGAIN.

Senior Government officials are drawing up a 'Plan B' as fears grow that another sharp downturn could cripple Britain.

Cabinet Secretary Sir Gus O'Donnell is believed to have drawn up a top secret paper calling on the Government to consider yet more quantitative easing in a bid to halt a double-dip recession.

The plan - seen by the Financial Times - sets out three options available if a further crunch threatens the economy.

Read more: http://www.dailymail.co.uk/news/article-1338501/Its-time-Plan-B-Fears-growing-economy-crash-again.html#ixzz186h1chhT

Let me guess the three options are

1. Bail out the banks. Free money for the City to punt on commodities. Tax rises and spending cuts for the rest of us

2. Bail out the banks. Free money for the City to punt on commodities. Tax rises and spending cuts for the rest of us

3. Bail out the banks. Free money for the City to punt on commodities. Tax rises and spending cuts for the rest of us

Not much of a secret really

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What's interesting is that this 'Plan B' is fairly socialist, apparently, with increases in tax and public spending plus printing money. That would be a very big U-turn for the coalition that is currently doing Gordon Browns slashing and burning for him.

Edited by Hyperduck Quack Quack

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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