Jump to content
aberdeen-music
Sign in to follow this  
Le Stu

Recession over.

Recommended Posts

My only concern is that with the growth being so little it won't take much for it to slip back into a recession again. It's been attributed to the car scrappage scheme and that is changing/ending (not sure which it is) soon so I'm not getting too carried away yet.

Share this post


Link to post
Share on other sites

Yeah, and we had the big christmas spend in that quarter and they haven't even started cutting spending and upping taxes yet. Say they decide to wipe $80 billion off the budget deficit in cuts and tax rises? That's $80 billion not being spent into the economy.

Deleveraging, yo.

Share this post


Link to post
Share on other sites
"We're all feeling the economy's vengeance because of materialistic heathens who did stupid things with their money."

And then... D' took'r jeeeeerbs!!!

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×