September 4th, 2008

Some Numbers for Gordon

Gordon is off to read out tractor statistics to the Scottish CBI, here are some taken from that OECD report. This speech is rumoured to have an element of mea culpa…

Falling worse than most in Britain…

Lately we haven’t heard Gordon spin that Britain is “best placed economically” to weather the next 12 months or that he is making “the long term decisions” needed. He seems to be making decisions determined by his need for short term survival….

UPDATE : Based on Halifax figures the last 12 months have seen the biggest house price falls ever – the previous biggest 12 month fall was 8.5% in October 1992. House prices have fallen 12.7% year to date. It took four years from May 1989 to February 1993 for house prices to fall 12.97% that far last time.




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Previously Seen


Peter Botting


John Higginson of the Metro explains Quantitative Easing:

“There is £100 and 100 loaves of bread costing £1 each. QE creates another £100. Each loaf now costs £2.”



DisgustedOfMitcham2 says:

Maybe if they really wanted to “decontaminate the Labour brand” with business people, they shouldn’t have totally buggered up the economy?

Just a thought.


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