Friday, Oct 23, 2009

Am I the only one who thought this?

Guardian: Uk Economy in its Longest Recession on Record

I am stunned that everyone thought things were fine again adn that the Guardian ran its story on a prediction of 0.8% rise in GDP this morning. The world has gone mad. Totally mad. And why, why, why are we still accepting that house prices are on the rise. it is madness. Absolute madness.
Ok, i am going to stick my head down the toilet to taste something real and honest.

Posted by brickormortis @ 06:03 PM (1038 views)
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1. rumble said...

Nothing's fine, it's just that there's nothing dramatic going on, lulling people into calm. The landscape will change very slowly, easing people into their new lifestyles. Unless something dramatic happens!

Friday, October 23, 2009 06:58PM Report Comment

2. cynicalsoothsayer said...

House prices are rising in the exulted land of statistics, where statistic significance is but a piffling trifle.

Friday, October 23, 2009 08:02PM Report Comment

3. paul said...

Remember, the recovery is still six months away!

Friday, October 23, 2009 08:37PM Report Comment

4. crunchy said...

3. paul

How long will this motivate the overladen donkeys?

The carrot is drying out, cracking and shrinking with the next water well way beyond the horizon.

The whip will soon appear along with the next mirage.

Friday, October 23, 2009 09:05PM Report Comment

5. Carol said...

Actually, according to the Rightmove feed I get for several towns around me in Greater Manchester, house prices are falling -- that is, asking prices are falling by £5,000 -£20,000. That's the nice thing about the feed; you can see when the asking price is lowered.

Sunday, October 25, 2009 08:04PM Report Comment

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