Friday, November 9, 2007

Thank heavens for the knowledge economy

UK trade gap widens in September

The UK's monthly trade deficit widened to a record in September, following a rise in imports of consumer goods, according to official figures.

Posted by holding out @ 11:22 AM (699 views)
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4 thoughts on “Thank heavens for the knowledge economy

  • Like the US, and unlike Japan, we are net consumers not producers.

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  • Presumably this will improve our economic performance as it will allow more people to go shopping.

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  • tyrellcorporation says:

    No let up in Spending in Exeter. All I see are NEETs and flocks of orange, botoxed, be-jewelled women hoovering up expensive hand bags with steely determination. A final consumer frenzy is under way before the Bank of MEW finally closes it’s doors, the youth of the UK realise there will bo NO inheritance left and they are mired in debt for the next 50 years. The Knowledge Economy? replace ‘Knowledge’ with ‘B***sh**’ and you get are far more accurate appraisal of Gooordon’s miracle economy!

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  • Trade deficits are harbingers of inflation to come..

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