Comments on: +++ Shock Figures Show UK In Worst Ever Recession +++

By: With No End of Recession, Labour Attack Strategy Misfires - Guy Fawkes' blog

With No End of Recession, Labour Attack Strategy Misfires - Guy Fawkes' blog — Thu, 29 Oct 2009 10:00:30 +0000

[...] as predicted by consensus economists. Except that the economy did not oblige. On Friday the ONS reported numbers that shocked Gordon Brown, who has long clinged to the belief that a rising economy will save him. His curse [...]

By: Duncan

Duncan — Mon, 26 Oct 2009 08:46:45 +0000

HA HA HA.

POOR IMPRESSION.

FIND YOUR OWN NAME AND LAYOUT.

By: Dave S

Dave S — Sun, 25 Oct 2009 17:39:58 +0000

You are a delusional man, if you have the intelligence and reasoning skill, spend some time on the Office for National Statistics site and you might get an inkling of the hole we are in.

This is as major as a war, and currently you are batting for the other side for whatever reason, perhaps you are a paid apparichic and apologist for this ‘communist lite’ government who have clearly destroyed us economically and I

By: Dave S

Dave S — Sun, 25 Oct 2009 11:56:44 +0000

Rory, Gordon Brown at H.M. Treasury and Alan Greenspan at the Federal Reserve were instrumental in a drastic de-regulation of the financial sector over a period of ten years. Gordon was still proclaiming the benefits of a financial free for all as late as 2007 (read his Mansion House speech).

Gordon Brown began heavy duty borrowing in 2001 and continued to run deficit economies until the present day, culminating in a huge National Debt, the full horror of it still deliberately hidden from view.

I cannot think of anyone who has done more harm to the UK than this man, and we will be living with the effects for decades to come.

By: Jenna

Jenna — Sun, 25 Oct 2009 09:11:07 +0000

‘Osborne is Dave’s weakest link’?
Brown,Darling & Co are Labour’s weakest links.
How smart is that for us?
IF!!!! Osborne is the Tory’s weakest link(which I doubt) BRING ON THE TORY’S!!!!!!!
Labour eh? the best thing for Britain since the bloody Hovis loaf!!!!

By: kabbaged (cut and stick)

kabbaged (cut and stick) — Sun, 25 Oct 2009 06:25:55 +0000

from wikipedia:
depression:
There is no widely agreed upon definition for a depression, though some have been proposed. In the United States the National Bureau of Economic Research determines contractions and expansions in the business cycle, but does not declare depressions.[1] Generally, periods labeled depressions are marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced using current resources and technology (potential output).[2] Another proposed definition of depression includes two general rules: 1) a decline in real GDP exceeding 10%, and 2) a recession lasting 3 or more years.[3][4].

Note: a decline in ** REAL GDP ** exceeding 10%, so if QE is at 10% or more of GDP we could be in a depression even if unadjusted GDP is positive (but small), my learned friend Anti Citizen One @ 728 suggests such a level of QE. Therefore we must be in a depression not recession. Or have I missed something?

One other thing, re population levels — have not a lot of Poles and other East Europeans already gone home? Has this been taken into acount? Add in a continued ‘Brain drain’ and I wouldn’t be surprised if the population was actually falling.

By: Lord Rothschild

Lord Rothschild — Sun, 25 Oct 2009 02:59:36 +0000

What recession, I’ve got $500 Trillion and soon most of you wont be around.

Guido stop distracting them with tittle tattle, that ‘special’ Vaccine they have promised you and your family, won’t work.

http://www.theflucase.com

When are you lot going to wake up to the fact that this is Planned Armageddon to destroy the Free west.

Fall of the Rebublic

By: Porky Pies MP

Porky Pies MP — Sat, 24 Oct 2009 22:35:21 +0000

60,000,000 includes babies, children and teenagers who don’t vote you moron.

By: Osama the Nazarene

Osama the Nazarene — Sat, 24 Oct 2009 20:09:08 +0000

Very true, unless the Tories screw up! That would be a disaster for this country.

By: talamunji

talamunji — Sat, 24 Oct 2009 19:33:28 +0000

Not by a very long shot.