Le Stu Posted January 26, 2010 Report Share Posted January 26, 2010 The Daily Mash - UK ECONOMY GROWS BY FIFTEEN PENCESo, even with that car scheme and the VAT gimmick, they only managed to squeeze 0.1% outta this island!We should have just filled the place fulla casinos and hoors. It worked for Greece (for a while) Quote Link to comment Share on other sites More sharing options...
Scootray Posted January 26, 2010 Report Share Posted January 26, 2010 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. Quote Link to comment Share on other sites More sharing options...
Le Stu Posted January 26, 2010 Author Report Share Posted January 26, 2010 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. Quote Link to comment Share on other sites More sharing options...
Pierre Von Mondragon Posted January 27, 2010 Report Share Posted January 27, 2010 Bed of nitroglycerine anyone? Quote Link to comment Share on other sites More sharing options...
FatHand Posted January 27, 2010 Report Share Posted January 27, 2010 As long as I've got music, beer and women I'll be fine. Quote Link to comment Share on other sites More sharing options...
Le Stu Posted January 27, 2010 Author Report Share Posted January 27, 2010 Oh yeah, and the stock market could just possibly be about to crash again. Maybe.Bear Market Comparison;? Dow Jones Industrial Average (DJIA)Sorry, I don't want to talk the economy down or anything. I know how easily its feelings are hurt. Quote Link to comment Share on other sites More sharing options...
Pierre Von Mondragon Posted January 27, 2010 Report Share Posted January 27, 2010 "We're all feeling the economy's vengeance because of materialistic heathens who did stupid things with their money." Quote Link to comment Share on other sites More sharing options...
Le Stu Posted January 27, 2010 Author Report Share Posted January 27, 2010 "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!!! Quote Link to comment Share on other sites More sharing options...
Pierre Von Mondragon Posted January 27, 2010 Report Share Posted January 27, 2010 Tkrjjjjjjjbbbsssssssssseeeergh Quote Link to comment Share on other sites More sharing options...
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