Uk 1q gdp drop largest quarterly decline since 1958

Graham_Devon

Look guys. I picked up this information from Kenny himself, amongst others.

The full thread is here:

http://forums.moneysavingexpert.com/showthread.html?t=1746601

So either some of you guys need to correct yourselves, or make up your minds! I've always said I'm here to learn, and learn I did.

We have Kenny, Dan, Chucky all bascially agreeing, by definition recession would be over.

StevieJ

inspector_monkfish wrote: »

:eek::eek::eek: STALKER ALERT !!! :eek::eek::eek:

He is a master at muddying the waters when he is obviously wrong, I will give him that

kennyboy66_2

Graham_Devon wrote: »

Funny you should say that when it was only you telling me just a month ago:



So if I have it "hopelessly wrong" it was because I was taking my advice from yourself

I'm wrong here, I'm wrong the other way round, though seems your right either way!

Graham,

I have another spade if you feel the one you are using is not digging fast enough.

inspector_monkfish

kennyboy66 wrote: »

Graham,

I have another spade if you feel the one you are using is not digging fast enough.

thats a bit racist isn't it ? :eek:;)

Graham_Devon

kennyboy66 wrote: »

Graham,

I have another spade if you feel the one you are using is not digging fast enough.

LOL.

Me dig any faster?

One minute your saying one thing, the next your saying another.

The thread is there, everyone can see it, including you agreeing we would be out of recession if there was growth of even 0.1% making the figures -1.8% over the quarter.

I know you bulls will all now collude together to make me look stupid. But the same people are on the other thread agreeing. Some even shocked.

You can't have it both ways. I realise I'm a target to "make look stupid" as I will admit I don't know everything and get some things wrong by their definitions, but I haev also said many times I am learning. I was learning on that thread also, from yourself.

So, if you would care to tell me whether you were right on that thread or not, we can move forward, but you cannot be right both ways and call me stupid both ways.

purch

The full thread is here

Lots of people saying POSITIVE Growth

Nobody saying NEGATIVE Growth

P.S. GBP is reported quarterly and annually.

You need a quarter of POSITIVE growth (a plus in front of the number) not a quarter of a lower NEGATIVE growth ( a minus in front of the number)

chucky

Graham_Devon wrote: »

I know you bulls will all now collude together to make me look stupid. But the same people are on the other thread agreeing. Some even shocked.

you watch too many American TV shows - things like that don't happen in real life.

Graham_Devon

purch wrote: »

Lots of people saying POSITIVE Growth

Nobody saying NEGATIVE Growth

Re-read the thread.

It specifically states 3 months of slight growth, meaning a quarters growth of -1.8% would mean we are out of recession.

But were still negative overall, not positive.

Therefore, that makes my original post correct on this thread.

Anyway, gotta go work now. You guys can continue calling me stupid and wrong and a liar for reading stuff you lot have given as "correct". Have fun.

purch

Therefore, that makes my original post correct on this thread

Sorry.

A quarter of NEGATIVE growth does not mean an end to the recession.

Therefore you are wrong.

StevieJ

Graham_Devon wrote: »

LOL.

So, if you would care to tell me whether you were right on that thread or not, we can move forward, but you cannot be right both ways and call me stupid both ways.

Graham I don't think anyone wishes to make you look stupid, if you just accept you were wrong in this case we can move on, I personally cannot see anything that backs up your claims in that other thread, although I think you were mixing up monthly GDP results and quarterly i.e.

You said
If GDP is revised to -2.2%, and we got another 0.1% growth in May, that means we would be "growing" at -1.8%.
Have I got this right? In other words, negative growth would mean growth?

You appear to be adding Q2 data to Q1