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From: crn on 26 Jan 2010 03:31 Andy Bonwick <nospam(a)bonwick.me.uk> wrote: > > I'm sure I've read somewhere that the figures due for release today > are expected to show we're now 'officially' out of the recession. There is an election on the way. Yea right. -- 03 GS500K2 76 Honda 400/4 project 68 Bantam D14/4 Sport (Classic) 06 Sukida SK50QT (Slanty eyed shopping trolley)
From: CT on 26 Jan 2010 04:10 Andy Bonwick wrote: > I'm sure I've read somewhere that the figures due for release today > are expected to show we're now 'officially' out of the recession. I remember the news from the time: same optimism, we're coming out of recession, cut short when the actual figures were released. Oops. Of course, the best thing about the figures being due out, is that Radio 5 Live played "Back In Black" this morning. -- Chris
From: CT on 26 Jan 2010 04:35 Andy Bonwick wrote: > I'm sure I've read somewhere that the figures due for release today > are expected to show we're now 'officially' out of the recession. It's official. 0.1% growth. -- Chris
From: JackH on 26 Jan 2010 04:49 On 26 Jan, 08:02, Andy Bonwick <nos...(a)bonwick.me.uk> wrote: > On Mon, 25 Jan 2010 16:38:36 -0800 (PST), JackH > > <jackhacket...(a)yahoo.co.uk> wrote: > > snip> > > >Given the fallout over the last year or so and the fact it was widely > >reported not so long ago that countries such as Germany and France > >were starting to buck the recession whereas we were still firmly > >entrenched in the mire, it'll be interesting, (if not a little > >depressing), to see where it slots into the table over the next couple > >of years. > > I'm sure I've read somewhere that the figures due for release today > are expected to show we're now 'officially' out of the recession. As CT has muttered, only a few months ago there were soundbites in the press stating 'we're out of recession', when the figures subsequently showed otherwise. Whatever, tis time the Government came up with something of more substance when it comes to how we're going to balance our books better in future, rather than prolonging the inevitable as things stand by way of borrowing obscene amounts of money on the apparent basis that 'Don't worry, something will turn up - things HAVE to get better'. To summarise, becoming more and more reliant and at the mercy of other countries for essential resources such as gas whilst, in the face of a big collapse within sectors you were previously relying on for income, (as in the financial one), having little more to offer in exchange than a few bullets, (however way you want to look at that), is not a particularly clever recipe for the longer term financial prospects of the country, not least given our propensity to import something rather than make it ourselves. -- JackH
From: ogden on 26 Jan 2010 05:04
CT wrote: > Andy Bonwick wrote: > > > I'm sure I've read somewhere that the figures due for release today > > are expected to show we're now 'officially' out of the recession. > > It's official. 0.1% growth. Oh, well, that's practically an armful. -- ogden |