Recession is over ......hip hip ...

[woofmarkthedog]

Peckhamgatecrasher Wrote:

-------------------------------------------------------

> BAT stole a march on the end of the recession, my

> cigarettes went up 15p overnight. Bastards.

_________________________________________________

It's all smoke & mirrors anyhow

W**F

[Mick Mac]

HAL9000 Wrote:

-------------------------------------------------------

> I don't want to pour cold water on Mick Mac's

> parade but...

>

> IMF head in 'double-dip' global economy warning

Hal - did not the IMF say Britian would take much longer to come out of recession than it has? They just don't want to admit when they are wrong so they throw in a double dip warning.

"Hedgers" I call them - (and there is no bigger insult than that)...

[????]

*swims past...looks at worm.....swims on*

[Mick Mac]

disgruntled...

[Ladymuck]

???? Wrote:

-------------------------------------------------------

> *swims past...looks at worm.....swims on*

*thinks: hmmmm ???? is really into these "action" posts now*

Love it!

[HAL9000]

Mick Mac Wrote:

-------------------------------------------------------

> Hal - did not the IMF say Britian would take much

> longer to come out of recession than it has? They

> just don't want to admit when they are wrong so

> they throw in a double dip warning.

The warning was published on 18th January.

Anyway, 0.1% is small enough to be accounted for by rounding errors. It's small enough to be reversed when the revised figures are published in due course.

The fact that we are in an election year with a former Chancellor serving as PM is enough to raise my suspicions about the accuracy of that figure. I'm still hedging my bets.

[Mick Mac]

Don't do this to me Hal. Noone told me the numbers were only draft. I have the party organised already.

[karter]

just stats, sorry Mick, this is all on borrowed time and money. Enjoy the party though.

Mark Twain- there are lies, damned lies and statistics...

[HAL9000]

Mick Mac Wrote:

-------------------------------------------------------

> Noone told me the numbers were only draft.

'Fraid so - read all about it > British economy crawls out of recession, with bare 0.1 per cent growth

[Brendan]

You?ve got to love the British though, the Office for National Statistics announces that the country has come out of recession and you can actually hear the entire nation collectively sigh, ?Has it fuck.?

[Roll Deep]

Just like when you see ambiguous clouds on the horizon, you tell yourself you didn't just hear the entire nation gently exhale through their nostrils and muse "I'll just get the washing in".

[mockney piers]

I like Dara O'Briain point about how his Irish friends recently told him they've decided to embrace the recession. He said the British people embraced it before it even arrived are thus of a better mindset to pull themselves out of it.

Of course it helps if you have a government that isn't in denial over what's happening, on that score the Irish are several steps ahead of us.

[Brendan]

If only it didn?t bastard rain so much.

[Roll Deep]

"An da forecast for today is heavy to sceptic."

[Mick Mac]

"There is a strong possibility that the Q4 figures will be revised up,"

[Brendan]

Mick Mac Wrote:

-------------------------------------------------------

> "There is a strong possibility that the Q4 figures

> will be cocked up,"

[HAL9000]

Brendan Wrote:

-------------------------------------------------------

> Mick Mac Wrote:

> --------------------------------------------------

> -----

> > "There is a strong possibility that the Q4

> > figures will be cocked cooked up,"

Revised.

[Mick Mac]

I'd hate to be the bringer of bad news if this is how people react to "good" news.

[Roll Deep]

It's easy Mick. Bad news should always be accompanied with good booze.

[HAL9000]

The pudding shall set you free!

[Brendan]

Good booze up 0.1%.

[Roll Deep]

Volume or VAT?

[HAL9000]

Or proof?

[karter]

dodgy stats?

[SteveT]

and all down to 'quantative easement'

it sounds as if there has been a large portion of syrup of figs spread across the land to all the gullible believers of the chancellor.

Tipping large quantities of banknotes into the economy does not mean the recession has gone away,

it means the government is hiding behind a few bushells of it in order to get re-elected.

No doubt we shall rush off and vote the ne'erdowells back in very shortly, like leamings before the leap.