December 1st, 2009

Economics for 7 Year Olds

Above is an easy to understand venn-diagram for readers who are not into the dismal science.  The big circle shows all 20 members of the G20, the left-hand set comprises those members who are out of recession, the small right hand set contains those countries still in recession.  This is one chart you won’t see on Will Straw’s Left Foot Forward…

Embarrassingly for Gordon Brown, who sees himself as financial saviour and leader of the world, the only member country of the G20 still in recession is the UK.  Gordon is currently chairing the G20, which adds to the embarrassment.  The Times of India blames the UK’s debt burden for the divergent performance.  Who do we blame for the the debt burden?


  1. 1
    Luke says:

    erm, the UK appear in both the left hand set and the right hand set. Are we in or out of recession, or both?


    • 3
      old git says:

      Damn. Beat me to it.


    • 4
      Captain Britain says:

      So when he saved the world, he sacrificed Britain?


    • 14
      jgm2 says:

      Hmmmm. Times of India says we’re so fucked on account of our debt burden? But it is precisely because of the 200bn (or 13% of GDP) we’ll be borrowing this year that we onlyM/i> contracted by a mere 0.3% last quarter. So borrowing 4.25% of GDP more than we collected in taxes still resulted in a negative growth last quarter.

      We are so comprehensively fucked by this occupation of Labour imbeciles that it defies belief.


      • 34
        jgm2 says:

        Australia did okay. Canada did okay. China did okay. Not governed by economic imbeciles I s’pose.

        Yes that’ll be it. Not governed by imbeciles.


        • 40
          Mitch says:

          Australian opposition leader sacked today for refusing to accept the credibility of ANTI-global warming evidence.

          you could get to like the Aussies, almost.


        • 48
          Ma Marlade says:

          That’s the Browns at 32 Windsor Gardens that you’re meaning then? The family who adopted Paddington Bear?


        • 51
          Talwin says:

          Imbeciles: not sure I agree jgm. Otherwise what these New Labour fuckers have got up to might just be explainable, at least in some dystopian fantasy. These odious bastards intended everything – with incompetence and arrogance aforethought.


        • 52
          next slide please, d-day says:

          Perhaps they saved a bit for a rainy day.


        • 148
          Gordon von Braun says:

          Was für ein Pimmel Schlecker bin ich dann?


      • 47
        BillyBob poops on ZaNuLab says:

        MB… went to the Joseph Goebbels school of propaganda ?? Typical Labour ??

        “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”


      • 57
        purpleline says:

        Perhaps the Indians will feel sorry for us and give us a rebate on the protection money we send to themin development aid to get their people out of Pov- erty as Brown sdays.

        You kniow India the country that spends billions on Nukes, space and climbing the world leagues, but leaves its little black children to the likes of Labour / LibDem pervs who abuse little kiddies while working under the umbrella of the UN


        • 67
          BillyBob poops on ZaNuLab says:

          Wow…… that generalization is just a little harsh, surely they are not ALL kiddie fiddlers?

          However, I do recall many years ago sending clothes and food parcels to India to help the starving…. perhaps they could return the favour in the future??

          On the other hand, my India Funds have been doing very nicely thank you ;)


          • Mitch says:

            how are the Dubai ones? be careful where the parcel stops next


          • BillyBob poops on ZaNuLab says:

            Stayed well clear of Dubai……

            Latin American Retail is a good choice but best performer recently is Gold !!


          • Tone Deff says:


            Aah, Spandau Ballet.

            Another of the combo’s ditties was called ‘True’.

            Snotgobbler and his motley group of subnormal cronies has ruined both.

            Things will improve “Only When You Leave”.


          • Gordon ( SoldGoldAtThe ) BottomBrown says:

            Gold ??? Why is everyone BUYING gold ?? I sold this Nation’s gold years ago.

            It was the right thing to do. Oh, I spent the proceeds wisely though.


      • 61
        I Hate new Labour says:

        Funnily enough, voters don’t believe this nonsense.

        Only 183 days and you can crawl back up Brown’s ass…


      • 97
        BillyBob poops on ZaNuLab says:

        It defies belief that people have kept voting for them……however for the not so savvy, the dumbing down of TV and radio and the so ‘onside’ press, must have played it’s part….and a little manipulation of the constituency boundaries and postal voting ??


        • 150
          Maladroit Labour Chump says:

          We did import a few voters from overseas. Er, about 2,000,000 by my calculation. I think that’s bee the main plank in our Election Strategies. Has worked quite nicely.


        • 228
          madasafish says:

          People kept and will keep voting for these fuckwits because Brown has built his own subservient constituency of millions of public workers….

          erm, let me think, I could do the right thing and get rid of these dickheads or I could vote for them, keep my job and milk the productive sectors for a few more years until the country is completely fucked….

          “A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.” Alexander Tytler

          Not sure about the monarchy bit old chap, but I get your point…


    • 132
      abandoning sinking Blog says:

      Mathematically incorrect as several EU nations still in recession.Not a valid diagram.Please try harder.


  2. 2
    old git says:

    Uk both in and out of recession at the same time. Did you get this from no 10?


    • 11

      Think this makes three cock-ups in a row today. You can’t get the staff…


      • 16
        Mr Ned says:

        This shows the new reality from today, the day that we have been taken over by the EU and its unelected President. The EU (including the UK) is NOT in recession. The UK, run by labour IS in recession!



      • 22
        udderly 'orrible says:

        Cheer yourself up with this h/t a Coffee House commenter:

        …from the American Foreign Affairs mag. The TOP 100 global thinkers.
        …at Number 74 is our Prime Mentalist,74. Gordon Brown
        “Brown will very likely not be prime minister of Britain for much longer. The Labour Party will almost certainly suffer ignominious defeat in a national election sometime by mid-2010. The prime minister, who as chancellor of the exchequer under Prime Minister Tony Blair oversaw the inflation of massive housing and financial bubbles, will be known by his caricature in the British press, as a paranoid, bellowing, and incompetent leader…”

        Oh yes, paranoid, bellowing, and incompetent.


      • 35
        Cherie's Sore says:

        Guido Fawkes says:
        December 1, 2009 at 3:26 pm

        Think this makes three cock-ups in a row today.

        Heading for the Blair-At-Least-5-Times-A -Night-Award Guido.

        (Tony, asked by the Sun whether he could have sex five times a night (despite suffering from a slipped disc at the time)

        At least. I can do it more, depending on how I feel (2005))


      • 60
        purpleline says:

        And when you do get the staff you must not fuck em Guido, no dipping one’s pen in the fawkes ink wells


      • 219
        Sun Tzu says:

        Most G20 will be back in the shit by Q2 2010 so what does it matter that we are the only ones drowning in shit at the moment?


  3. 5
    New Labour Public Information Service says:

    Still being in recession is best.


    • 7
      Mr Ned says:

      it’s the right thing to do, started in America, because of the do nothing tories.


      • 15
        Gordon Brown says:

        other countries use different definitions of ‘recession’ and this explains your apparent anomaly. We are actually fuckin shit hot at the moment.


  4. 8
    the unknown streetcleaner says:

    I think that is what is called ‘uniquely placed’


  5. 13
    byebyegordon says:

    Who else but Gordon. Convinced himself he’d cured boom and bust so it was forever boom and more boom. There was no tomorrow so just borrow. All that lovely tax coming into the treasury so he could spend spend spend. Some dream that was ’til it turned into a nightmare.


    • 98
      Lou Reed says:

      I’m feeling good. feeling so fine
      Until tomorrow but that’s just some other time


      • 130
        Mission Corrective says:

        It was caused by the asset bubbles you moronic, brain-washed prick. The downturns are as inevitable as the peaks and it was hubristic bollocks to claim otherwise.


        • 160
          Carry On Don't Lose Your Head (1967) says:

          MB, remember when your dear leader, Gordon Brown said this:

          “So I congratulate you Lord Mayor and the City of London on these remarkable achievements, an era that history will record as the beginning of a new golden age for the City of London.

          And I believe it will be said of this age, the first decades of the 21st century, that out of the greatest restructuring of the global economy, perhaps even greater than the industrial revolution, a new world order was created.”

          You are a useful idiot, MB.


        • 221
          Gordon Brown says:

          You’re wrong.
          There doesn’t have to be such thing as a downturn; we can grow exponentially forever as long as we borrow/spend enough money.
          And for your information, 2 plus 2 *does* equal 5.
          I’m the only one who’s right, and the other 7 billion people on the planet are all wrong.
          And I have a divine right to rule, for I am Jesus reborn.


      • 146
        At least get your facts right, MB says:

        And running a three percent spending deficit at the peak of the bubble boom while even Spain ran a two percent surplus.

        Ta, Mr Gordon ‘Incapability’ Brown, Saviour of the World, Best Placed Economy etc, etc, etc

        Any neutral observer can see that the model was deficient.

        Sure the Bankers screwed up (Government Regulation failure) but the fundamentals left the economy exquisitely vulnerable.


        Incompetence and ideological hubris.

        The Bankers enabled the spend, spend, spend on a ‘victim’ culture. Nulabour (Socialists, Fabianism etc. etc) were 100% complicit.

        Real wealth creation was destroyed (Middle Class) and a highly paid ‘apparatchik’ quango culture established.

        What a Twat you are. MB


        • 168

          It wasn’t a “failure” of regulation, it was deliberate.

          In FRB credit volume is regulated via reserve ratios. The regulator lowered reserves in order to create a credit bubble. The government then taxed (the economically destructive) borrowing for consumption in order to fund it’s idiot mal-investments.


        • 220
          Anonymous says:

          yep; spend more than you’re earning for years on end, even during a debt-driven boom/bubble; ignore basic economics completely (and even basic maths), and just have an attitude of “erm, don’t worry, I’m sure it’ll all come out in the wash; something’ll turn up. who cares what tomorrow brings when we can spend shit loads of cash today?”

          Don’t just blame brown though, or even the labour MPs for seeing it all being done and cheering it on; blame the electorate for voting these fucking retarded bastards in 3 times, and also for not having a mass riot and physical ousting of a government who’s bankrupted the country. And also blame the opposition for not organising such an ousting.

          we get the government we deserve; we should have ousted them years ago.

          We’ve got an unelected PM who bankrupted the country, we’re the last country in the g20 still in recession, we’ve got an unelected PM who signed all our democratic rights away to europe without even asking anyone. The speaker was booted out for being complicit in trying to hide massive tax fraud yet got elevated to the house of lords and is now in charge of expenses reform there. What part of this does not merit a physical ousting of the government by a baying mob?


      • 200
        Carry On Don't Lose Your Head (1967) says:

        Oops, gave yourself away, there! ‘The poor and the vulnerable’. Got to keep them that way, don’t we, MB? You have to keep your base subservient, down-trodden and hopeless. In fact, you could always destroy a million black families with mortgages they’ll never pay off! You racist, socialist prick.


    • 166

      If only he’d subtracted any increase in debt from GDP growth…


    • 205
      T Dan Smith says:

      The boome became boomier and the bust … bustier?


  6. 18
    jgm2 says:

    You could probably manage a percentage deficit graph to go along side that. Something that would show that despite having by far the largest deficit we still couldn’t manage to borrow enough money to rig a single quarter of growth for the past 18 months.

    We are indeed uniquely positioned by the Maximum Imbecile.


  7. 21
    Luke says:

    Giz a job Guido – I could be your proof reader/graphics monkey


  8. 23
    Geroy Sotsialisticheskovo Truda - Hero of socialist labor says:

    “You can’t blame Gordon for everything.”

    **This has been a quasi political directive issued on behalf of the Prime Ministers Office.


  9. 24
    Jonah Watch says:

    in 2005 gordo scared the voters away from the tories, who said it was all unsustainable, with cries like “no return to boomand bust”

    we are in one of the biggest busts and his (dodgy) claims still seem to persuade 27% (Indy Comres) that voting for labour is a good idea



    • 124
      rick says:

      No mystery here, JW. If one is either a welfare parasite, recent immigrant, Government non-job employee (and Guardian reader) it would make perfect sense to vote ZanuLab. I am surprised the figure is not greater than 27%.


      • 194
        Moley says:

        For some, the Labour vote is an inherent part of their culture and identity.

        It has nothing to do with politics, Government or economics.

        The only way to begin to change it is to draw attention to the millionaire lifestyle of Socialist policicians and the Socialists in the BBC.


  10. 25
    Not long till labour gone says:

    Gordon Brown has more chance of being re-elected than the BBC mentioning the facts mentioned in this post….


    • 222
      D L George says:

      You’re not wrong.

      10pm news

      Omaha and Afghanistnan
      Tiger Woods
      Sarkozies missus speaks

      UK still in recession and ALL other G20 countries out of recession? No Mention.


  11. 27
    Jimmy says:

    Worthy of Gideon himself.


  12. 29
    One in five of Luton’s 200,000 population is Mυslim. says:

    Baroness Warsi pelted with eggs by Mυslims


  13. 32
    deeznuts says:

    “Who do we blame for the the debt burden?”

    well, according to “polls” most papers, and a large proportion of voters

    it is all the fault of those baybee eating tories


    • 78
      I Hate new Labour says:


      Cos it’s the evil Tories who have put us £1.4 trillion in debt.

      Isn’t it?

      I think you’d be happier here: Similar-minded left wing numptys abound there.

      The trouble with you socialists is you’ve had 12 years now. And so you should be telling us why we should vote for you. But you’re so exhausted and bereft of ideas and intelligence that all you can do is slag off the party who have been in opposition for 12 years…

      183 days at most left, it can’t come quick enough.


      • 111
        jgm2 says:

        You forgot ‘inbred’ and ‘toffs’.


      • 113
        I Hate new Labour says:

        183 days to go, my moronic friend.


      • 114
        DF says:

        Illegally crossing the borders into North Korea earns you twelve years of forced labor.

        Illegally crossing the borders into Iran earns you perpetual detention.

        Illegally crossing the borders into Afghanistan earns you an execution.

        Illegally crossing the borders into Saudi Arabia means you will never be heard from again

        Illegally crossing the borders into Venezuela earns you a condemnation for spying and your fate is sealed.

        Illegally crossing the borders into Cuba means you will rot indefinitely in a political prison.

        Illegally crossing the borders into Britain earns you:

        a job

        a drivers licence

        a social security card


        credit cards

        subsidized housing

        free education

        free healthcare

        free medication


      • 159
        I hate newfakeconservatives says:

        Yeah lets vote for honest Dave eh? he would never lie to us would he?

        Never mind that they have no real policies and never mind that the only reason they want power is to enrich their friends’N’family, never mind that they are happy to follow the global warming lies and are ready and willing to hand over billions in aid and carry on the quagmire war in raghead land, never mind that we aint gonna ever get a say on the theft of our independence and sovereignty by the EUSSR, no no never mind all that just vote for the slightly less ugly version of the same monster eh?


        • 172
          Never underestimate the power of the negative vote says:

          Yeah all true BUT THEY AIN’T LABOUR OR BROWN and that’s why they’ll win


        • 218
          Anonymous says:

          I’m pretty sure the tories are willing to lie about anything in order to get elected. But I see that as a good thing right now.

          I say that at the moment that’s fine with me. They can/should lie as much as they possibly can; it’s the only way to sway the fucking idiotic voters who still think that labour might be a good thing to vote for in 2010.

          The tories need to get elected before they can repair the country; in order to do that they’ll have to lie to a lot of people about a lot of things.

          I’d rather they lied, and then got in and did the job properly, than told the truth and frightened the stupid swing-voters into voting another fucking retarded labour government back in.

          The ends justify the means in this instance.


    • 158
      bbc editor says:

      “Who do we blame for the the debt burden?”



  14. 33
    jgm2 says:

    The news is hidden in the sidebar on the BBC.

    Go to Business. There it is in the right hand side-bar in the middle.


    It was even more buried earlier. The story was hidden in the ‘Economy’ sub-menu of Business. On the sidebar.

    You can be sure if Brown’s borrowed 200bn quid manages to buy 0.1% of ‘growth’ in Q4 it will be all over the front page.


    • 56
      Anonymous says:

      would that be the Morgan Stanley who are doing quite well out of government ‘stimulus’?


      • 142
        Anonymous says:

        That would be the same Morgan Stanley that has repaid all its TARP money, and at a 23% return to the American taxpayer…


    • 62
      Talwin says:

      Is that the same Morgan Stanley to which one Tony Blair is adviser?


    • 94
      backwoodsman says:

      Its probably in the special section where the link is broken – along with the climate change doctored data story !


    • 171
      How to run a whelk stall in Aberdeen says:

      200 billion + Interest of future taxation to achieve (possibly) 4th Quarter GDP growth of 0.1% (2.64 billion).



      In a nutshell.


      • 186
        Robert Mugabe says:

        He stole all his ideas from me and yet he never credits me!

        Still he has an unfair advantage in that the hideously white BBC campaign on his behalf. Oh, what I would give to have a media so subservient as the BBC. Luck of the white man, clearly.


    • 180
      rocknrolla says:

      That is the thing which really stinks – anything that can be spun as “good news”, even just a drop which is slightly less worse than some expected, is always given top billing by the bbc. They are now actively and openly campaigning for labour.


    • 189
      daisy says:

      Gordon has been extremely successful at the job in hand, ie to screw us well and truly, in every department. You name it, he’s screwed us. And you thought he was incompetent. no no no, not at all, he’s done exactly what he and Blair set out to do, smash the English into the dust.


  15. 36
    Penfold says:

    I’m confused, not that hard a thing to be these days….!!
    We have Germany, France, Italy, UK and then EU. Surely the former three are fully integrated members of the EU and the Euro and pay adherence to the ECB, so why are they tabulated separately? Is it cos Greece is fucked and the Baltic states busted flushes, shortly to be joined by the other Eastern nation states? Would this be a little bit of selectively choosing data today so as not to show a negative? thus not pissing orff Angie and Sarkoff.

    Whilst we know Gordo has fucked sterling and the UK, it should be borne in mind that Angie baby might just yet preside over a kraut bank crash that will make Chernobyl pale and the problems of Creditanstalt a walk in the park.
    As for Sarkorff there must be a banana skin or three hundred waiting for him.


    • 50
      Anonymous says:

      Greece, Italy, Ireleand, etc have always been f*cked. Their figures were massaged to enter the Euro.

      They were happy to do it to get the EU bail-out. The big boys were happy to do it to get their un-qualified support.


    • 173

      Euro-bonds have different premiums based on the originating countries (pricing in the default risks).


    • 227
      Budgie says:

      Around 80% of UK economy is within our own borders, only 20% is export (10% EU, 10% rest of world). Most other EU countries have similar figures. That is why they are tabulated separately.


  16. 41
    Vote Labour for the good of the Country, The BBC says:

    The BBC is ordering us to vote Labour.

    Hung parliament ‘may hurt UK credit rating’


  17. 44
    Sir William Waad says:

    If the Tories had any common sense they would refer to it as The Labour Recession and go on referring to it as The Labour Recession until the words ‘Labour’ and ‘recession’ were linked in the minds of even the the least aware leech-gathering hermit in the remotest corner of far-flung Surrey.


    • 83
      I Hate new Labour says:

      Right, so if it’s america’s fault we’re in this mess, by rights Brown and his lot can take no credit at all for any economic success, right?

      So why bother voting for them?


      • 104
        jgm2 says:

        What economic success? Rigging low inflation while completely ignoring rampant house price increases of 15-20% a year, consumer borrowing going up by 100bn quid a year and government borrowing at 3% of GDP even during the ‘boom’ is not an economic success. It is/was utter fucking insanity.

        And now we are seeing where that utter insanity will get you. It will get you to the point where the only strategy the incompetent jackasses can conceive is to slash interest rates to underpin the ‘affordability’ of our insanely over-priced houses and instead of borrowing 3% of GDP in a single year they’re going to print 13% of GDP. And the same next year. And – they’re predicting less the year after but they’re incompetent liars so you can be sure it will be even more.

        Utter insanity. Pure Book of Revelations insanity. Full on barking at the moon, smearing shit on the walls ‘Owoooooooo’ insanity.

        Bonkers. Fucking hatstand.


    • 137
      Dave says:

      Thank you Sir William – Excellent thought – I’ll use it tomorrow before 12:15


    • 140
      Old Nick Heavenly(real dimwit) says:



    • 141
      Gordons favourite Butt Plug says:

      Far too simple and effective. It is just far too simple and effective.

      Instead it will become the Tory ‘do nothing’ recession. Because Labour are so good at chanting bollocks.

      It is like team Cameron don’t want to play tough, as if the standing administration will play by the rules.


    • 174

      But it’s the Labour Parties depressIIon (v2)


  18. 45
    Will Straw says:

    You wouldn’t see it on Left Foot Forward because it’s wrong.

    According to this week’s Economist, the following G20 countries recorded economic contraction quarter-on-quarter at an annualised rate:
    – Britain: -1.2%
    – Canada: -3.4%
    – Mexico -4.4%

    Russia and Turkey are also still in recession although equivalent figures are not available.

    So things are still bad in the UK, but we’re not alone.


  19. 46
    Sir William Waad says:

    P.S. MB’s quiet today. Has he taken delivery of some new equipment perchance?


  20. 54
    Rexel 56 says:

    OK, as the season of Advent is upon us…. how about a festive teaser?

    Q. What is the worst thing that Brown would wittingly do in order to secure a victory in the forthcoming General Ellection?

    My starter for ten: precipitate the collapse and then put together a rescue package for Barclays.

    What do you think?


  21. 58
    Lil Olmey says:

    Venn, as in Black Venn, as in spectacular collapse, yes ? Most apt.


  22. 63
    Penfold says:

    Do a deal with CleggiePoo and accept PR, then parking the hero of economics, Vince “Man of the People” Cable as Chancellor.
    It’s all then all down to the Lib-Dems, i.e. the last 12 years of economic mismanagement.
    Oy Gordo me invoice for £5m is in the post.


  23. 66
    The Sun goes Down on Dave says:

    Zac Goldsmith blames the Sun for Dave’s decline.

    With recent opinion polls narrowing, he added that the party’s association with the Sun had led to a fall in Tory support.


    • 71
      Ken says:

      Goldsmith is a liability. Cameron should dump the green hypocrite asap.


      • 76
        Mitch says:

        mothers’ brains, fathers’ looks


        • 86
          The Sun goes Down on Dave says:

          The Sun Did mess up on Gordon’s letter though. Most thought that a personal hand written letter from Gordon was a good thing even if it contained a few mistakes. And his apologetic phone call was good too.

          The Sun achieved the opposite of what they wanted and actually boosted Gordon’s ratings and reduced Dave’s by association.


          • Baboon 2-The Revenge says:

            No they didn’t. No it wasn’t.
            You must be fucking joking.
            No, that’s not true. Wrong on that one.
            Fuck mutant Brown. Repeal the hunting ban


          • The Sun gives up on Gordon says:

            We knew the chump couldn’t count and now we know he can’t write or spell.

            He is an ignorant bully given in to the job of PM by a bunch of chattering no hope socialists in the dying days of a corrupt and incompetent government. At least Dave can write a decent letter and can count past ten without using his dick.

            Anyway, don’t take my word for it, the voters will decide when the dour dead beat is finally dragged screaming to the polls that really count.


  24. 69
    JK says:

    More trouble at’ mill

    Andy Burnham wants to take over from Brown:


    • 77
      Ted says:

      Ed Balls is also gearing up for the battle, as is Harriet Harman and the Milibands.

      Ferrets in a sack!


      • 89
        I Hate new Labour says:

        They’ll have to drag Brown out of No 10 first.

        I literally cannot wait to see his face when he realises he’s out, and has to face the press to announce he accepts defeat.

        We’ll all know that in Downing St, he’ll have been kicking, screaming, wailing, throwing nokias and printers because he won’t be able to accept reality.

        His face, barely suppressing the inner rage, fist violently shaking as tries to control that childish temper.

        And then, then, as Labour have no further use for him, cast adrift.

        It’ll be great! With any luck he’ll do the decent thing and lock himself in a room with a whisky and revolver…


      • 108
        Wotta Stunna says:

        What an image comes to mind.
        Harriet in the sack.



  25. 84

    […] his blog, Guido has an article showing a venn diagram of G20 countries. He claims that: “The big […]


  26. 87
    Stepney's little bruvver says:

    Oh no, now hang about Guido this must be wrong.

    Gordon said we were the best placed country in the world to get out of recession; he said that his economic policies had prepared us to the the first country out of recession; he said, and I’m sure I’m not making this up, that he had abolished boom and bust too.

    I think that you must be getting your facts wrong. I mean this man saved the world and now he’s having another go in Copenhagen to save all those bits of the world he must have missed saving the last time.

    I just don’t believe you anymore. Someone must be telling lies and I’m sure it’s not the Prime Minister, I mean, come on, he would never tell a lie or make a mistake.


  27. 88
    The Australian Government says:

    What Global crisis? What the fuck are you talking about?

    Just ‘cos your fucking stupid government followed the same low interest rate, borrow and squander economic policy and property boom-fuelled consumer squanderfest as that idiot Bush doesn’t mean it’s a fucking global problem. And just ‘cos the yanks did the same thing as you doesn’t mean it ‘started in America’. It just means you fucking brainless Poms obediently followed that idiot Bush. Just like you did in Iraq.



  28. 91
    Sukyspook says:

    Had I run the household accounts like this bunch of ‘global’ nincompoops I would have been divorced years ago…

    Has all this seeming ‘incompetence’ really just been a set of snowballing coincidences or is there REALLY a conspiracy??

    There are always two sides to every story. I believe we have to CHOOSE WHICH ONE we believe and then act upon it.


  29. 92
    Engineer says:

    Early in 2007, John Prescott and Gordoom Broon had a discussion during which Prescott is reported to have said, “A good big bust is what yer needs, do yer a power o’ good”.

    We now know, of course, that Prescott found his big bust, but it is deeply regrettable the Broon completely misunderstood him.


  30. 96
    Sukyspook says:


    Guido Fawkes’ blog numbering causing ‘cognitive dissonance’….mayhap that’s the plan all along……


  31. 101
    Peacefull Obama? says:

    President OBAMA is sending another 30,000 troops to Afghanistan.

    Is this the same President OBAMA who just won the NOBEL PEACE prize?


    • 151
      Gordons favourite Butt Plug says:

      They are having a peace surge. All US frontline troops are to be ordered to surge both peacefully and quietly. So as not to cause a neighbourhood disturbance.

      However the National Guard Aviators will continue to bomb the fuck out of everything on the ground.


  32. 102
    Daveyone says:

    Brown was Chancellor of the Exchequer for most of this Governments 12 year reign, so the fact the top job in bar one did not spot the recession or and down turn in our financial fortunes should be answer enough esp as when he became PM he was able to avoid this flack as his mate Alistair Darling took on the roll so got the blame.
    Sadley Gordon Brown has side stepped every other important issue eversince and becomes like some arrogent cat caught in the lights if he is cornerd by some talented news reporter!Ironically when he leaves office he will no doubt land some cushy number in Europe or as I have said previously CEO of the IMF. Just wait and see!!


  33. 105
    Norman Heavy Rump says:

    Greetings comrades of EUSSR Trans-manche state 7. Welcome to your brave new world. Just obey orders and no harm will come to anyone, economic or otherwise.


  34. 110
    Anonymous says:

    the Conservatives should eat brown alive for this.. but I bet they won’t.

    I think they are still playing softly softly so they don’t end up with brown quitting before the election.

    But it’s too late for that to happen now – they need to go for the jugular, if they have it in them.

    Time to man up; and if they don’t it’ll look like they don’t think they can do better and that they have a some sort of respect for labour as if they are somehow worthy of government and have done something right ever.


  35. 112
    Sir William Waad says:

    The historical records clearly show that the Ministry of Plenty has increased and improved rations to every loyal worker in Airstrip One. Guido is an oldthinker who unbellyfeels Ingsoc.


  36. 116
    Anonymous says:

    completely and utterly off-topic – but interesting all the same


    • 206
      Moley says:

      The tar in the smoke makes everything slightly sticky, so there is a huge build up of sticky deposits on the fans and heat sinks which smells like an ashtray. Everything overheats. Deposits get on the vitals of optical drives.

      There is a lot of comments from repairers who say they have seen it, are not surprised, and support Apple.

      I know it’s boring; sorry.


  37. 118
    thick as thieves says:

    everybody shut the fuck up, top boy is about to speak:
    you cripples have missed the point. the reason we are still in recession and the nations on the left of the diagram are not is because we are subsidising the subsidy scrounging motherfuckers.
    we subsidise the EU and the British taxpayer has saved the entire american banking sector with the hundreds of billions of pounds we have pumped in to the British and american economies
    we also subsidise saudi arabia by dealing with the alqaeda terrorists saud arabia generates
    we are spending hundreds and hundreds of billion of taxpayers’ pounds supplying our money to these scroungers so it is no surprise as we have given them so much of our money that they are no longer in recession but we are.


    • 129
      Alistair Darling says:

      TaT, nip round to the Treasury when you’ve a few minutes to spare would you? You clearly know far more about it than I do.


    • 144
      shat on tat says:

      not a bad analysis for a dribbling, plankton-eating shit-shoveller. now go an finish wiping MBs spunks off your face


      • 156
        Gordons favourite Butt Plug says:

        Tat the supreme know it all.

        What he doesn’t know about nylon anoraks isn’t worth knowing. Emotional Cripple, and hump back.


        • 185
          thick as thieves says:

          it is not my fault that I am a genius it genetically is pre-determined.
          as it is pre-genetically pre-determined that you are a retard.
          oh, and talking of hump backs; to be accused of being an emotional cripple by a total fucking emotianally retarded imbecile like you, butt plug, is rather like being told to sit up straight by the hunch back of notre dame.
          you dopey fucking cripple.
          you twat.


    • 187
      Mr Slater's Parrot says:



  38. 120
    Jonah Watch says:

    Gordo 74 th our of 100 Global Thinkers in 2009

    Extract here

    “74. Gordon Brown

    for his leadership during the financial crisis.

    Prime Minister | Britain

    Brown will very likely not be prime minister of Britain for much longer. The Labour Party will almost certainly suffer ignominious defeat in a national election sometime by mid-2010. The prime minister, who as chancellor of the exchequer under Prime Minister Tony Blair oversaw the inflation of massive housing and financial bubbles, will be known by his caricature in the British press, as a paranoid, bellowing, and incompetent leader. But even if Brown did not do enough to stop the bubbles from developing, he proved one of the world’s most courageous leaders after they had burst. His government may not have quite “saved the world,” as he claimed to much derision last December, but in acting immediately and forcefully to prevent disaster by nationalizing failing banks, pushing through massive stimulus measures, and urging his counterparts to do the same, he just may have saved his reputation. ”

    It’s pretty clear the UK had no choice but to buy the shares in the banks and provide guarantees, what is effing amazing about that? Even though RBS and LLoyds are zombie banks, don’t forget that the crock, B&B, A&L all disapeared. The UK banks are the worst in the world (bar Iceland Ireland and other minnows). Why does he get so much credit? it is beyon me.


  39. 122
    Have our MPs no shame? says:

    Have our MPs no shame?

    MPs Outnumbered By Soldiers

    It seems NOT.


  40. 125
    Dave "Rusty Iron Guarantee" Cameron says:

    I was chatting up a gorgeous girl and said to her “We’ve met before haven’t we?”

    She said “Yes I’m a nurse at the VD Clinic!”


  41. 127
    Gooey Blob says:

    Realistically, I can’t see how Labour could get us out of this mess now. Ministers are still going round promising extra spending, when only cuts are possible. The longer the sacrifices are delayed, the greater those sacrifices will have to be, and by playing politics with the country’s finances, Brown and Darling are guaranteeing extra misery in 2010 and beyond.


    • 197
      The big D says:

      Now that the IMF visit to the UK has been penciled in for 2010, how will history treat Brown’s actions up to 2010?

      Continuing to borrow to protect Labour until the election is the ultimate scorched earth move. The credit rating collapse and interest rate rise will be Brown’s present to the new administration.

      Will history treat Brown as certifiable or treasonous? Whatever the final analysis, voting for any type of socialism at any time in the future should be regarded the same as actively trying to contract dysentery.


  42. 138
    Carry On Don't Lose Your Head (1967) says:

    Too challenging for the PM. Do you have an ‘Economics for 3 year olds’?


  43. 154
    Will no man rid us of this man says:

    Gold price went over $1200 an oz today as the central banks of successful economies started once again to buy in. Jonah knew best and said central bank should not hold gold,and sold all ours at a quarter of this price.
    Today Barclays shares nearly £3, Lloyds 53p….they used to be about equal before Jonah had brilliant idea that Lloyds should buy HBOS.
    Yet the editors of some national newspapers still think he is a star…what has he got on them.


  44. 170
    G. Brown says:

    My policy of fiscal prudence has placed us diagrammatically in the right, clearly proving that it was the right thing to do.


  45. 175
    He's behind you says:

    What the fuckola do Morgan Stanley know about finance

    Morgan Stanley loses $2.37 billion in fiscal 4Q
    Wednesday, December 17, 2008 –

    alos the Ruler of Dubai don’t like it up the chutney


  46. 188
    Dave "Cast Iron Guarantee" Cameron says:

    Imagine if all retailers started making there own brand of condoms & kept there slogan;
    Tescos Condom – Every Little Helps
    Nike Condoms – Just Do It
    Peugeot Condoms – The Drive Of Your Life
    KFC Condoms – Finger Lickind Good
    Duracell Condoms – Just Keep Going & Going
    Pringles Condoms – Once You Pop You Just Cant Stop
    Burger King Condoms – Home Of The Whopper
    Andrex Condoms – Soft, Strong & Very Long
    Mcdonald’s Condoms – Im Loving it
    Polo Condoms – The One With The Hole.. OHH FUCK!!


  47. 190
    Moga Donny says:

    Britain is still in a recession and Gordon (smelly loony) Brown is still in a depression. I don’t think the retarded idiot is taking his pills.

    The mother-fucking criminal was baying for extra-judicial killings in Afghanistan and Pakistan, the other day. Surly that’s a serious criminal offence — How come the pigs have not arrested the criminally insane Hunt?

    One law for the subhuman filth in parliament, and another law for people. Britain stinks.


  48. 191

    Er, can I er remind you that I said that I saved the world, er I did not mention Britain.
    Er, Britain is fucked.


  49. 196
    Anonymous says:

    Without wishing to dispute the core issue I do think it is very dodgy to believe the economic stats coming out of France and Italy. After all, the French National Statistics Office insists that Sarky is 5ft 7in (ignoring Carla’s patronage of DwarfAid) and the Italians GDP is artificially inflated by the trade in schoolgirls organised by another refugee from the Snow White cast.


  50. 198

    […] attack.  The editor of the well funded “evidence based” blog dismissed Guido’s story (“Economics for 7 Year Olds“) about the UK being the only G20 country left in recession by quoting the figures from the […]


  51. 203
    Лучшие позиционируется says:

    The Tories would have done nothing.
    I have saved the world.
    Which of the other G20 countries is well-positioned to come out of recession?
    We are the only nation that is prepared for recovery!
    The Tories would have done nothing.
    We have been ready for longer than any of our competitors. That is how ready for recovery we have been.
    Sulyooshun to a global banking problem that started in America.
    My parents gave me a moral compass.
    Five million pints of tractors flowed out of our factories last month.
    Hard working families.
    I actually send the end of TORY boom and bust.
    Which is Transpairunt.
    Alky Ada.
    The Tories would have done nothing.
    I have saved the world.


  52. 204
    Allan@Aberdeen says:

    And Germans can be sure that the Bundesbank won’t be printing German-denoted euros to destroy the value of the citizens’ savings whereas, in the UK……


  53. 217
    Anonymous says:

    “The Times of India blames the UK’s debt burden for the divergent performance. Who do we blame for the the debt burden?”

    It’s all the fault of Thatcher and those nasty tories. labour/brown have nothing to do with it. They weren’t there, and even if they were (for 12 years) it still wasn’t their fault.

    Gordon Brown is a modern day jesus, saving the planet from climatic annihilation, and is an economic genius saving the planet from economic disaster.

    I know this because the bbc said so, innit.

    (I would like to think that one day soon kids will read history/economics books at school on what a fucking bastard useless fuckwit brown was and how he completely destroyed a vibrant economy with everyone just standing by throughout and letting it happen without batting an eyelid, but methinks there won’t be any kids in the state system who will have the ability to read or understand such books for at least another 10 years)


  54. 229

    what to UK?
    is UK gov’t preparing something special or it have been slowed by another?


  55. 235
    easyleys says:

    Even Gordon Brown thinks Spain is in the G20 (See today’s PMQs) and Dave didn’t correct him

    Guido for PM!!!


  56. 236

    […] bear trap and demolition job on our article about G20 countries still in recession, following this simple Venn diagram, so simple even a seven-year-old could do it! As for definitive evidence of […]


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