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GDP Q2 Increases in Germany & France

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 13 August 2009 at 11:15AM
    tomterm8 wrote: »
    Maybe you would chose to, in your indefinate wisdom, provide some facts rather than have me waste the 10 seconds of my life I spent reading that post.

    Or are you only capable of your normal ad hominem attacks?

    chill Winston - you've just done the same thing. zero facts...

    and yours was 2 parapgraphs - so i wasted 20 seconds... ;)
    What are they doing that is different to us. Thats the key.

    To be honest, I haven't got the foggiest, all I do know is the media a couple of months ago were telling us we were uniquely placed to come out of the recession first. To which I had a rant!

    they claim through increases in government and private consumption and construction,

    i think that these are estimates too - it's a bit of a surprise. markets love it.
  • lemonjelly wrote: »
    Did you bother doing any form of search, as an identical subject thread was DIRECTLY BELOW YOURS WHEN YOU POSTED THIS!


    no
    .........
  • System
    System Posts: 178,302 Community Admin
    10,000 Posts Photogenic Name Dropper
    edited 13 August 2009 at 11:20AM
    tomterm8 wrote: »
    Maybe you would chose to, in your indefinate wisdom, provide some facts rather than have me waste the 10 seconds of my life I spent reading that post.

    Or are you only capable of your normal ad hominem attacks?

    I think you misunderstood my post.

    I was referring to house123 having a good froth.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    edited 13 August 2009 at 11:23AM
    Joeskeppi wrote: »
    I think you misunderstood my post.

    In that case, I appologise, Joe. I thought you meant that the increase of 1.5 trillion dollars in ECB was incorrect, and that you would provide the correct figures.

    The data the ECB produces is very, very obscure - I would say almost intentionally so - and although I spent a little bit of time going through it,it is entirely possible if you were to post contradictory info you would be correct.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • handful
    handful Posts: 562 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Brown will have to think of a new sound byte rather than 'This is a global recession'. Not any more it's not.
  • We've now posted an MSE news story based on the same topic:
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    Personally if germany/france fell further, & have now risen doesn't that mean their economy is behaving more volatile than ours?

    I think I'd prefer a gradual evolution out of recession, than a volatile exit/economy?
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • Ron2256
    Ron2256 Posts: 180 Forumite
    lemonjelly wrote: »
    Personally if germany/france fell further, & have now risen doesn't that mean their economy is behaving more volatile than ours?

    I think I'd prefer a gradual evolution out of recession, than a volatile exit/economy?

    Germany fell further but not France.
    Looking at the graph, we are coming out of the recession slower than anybody else. Is that the "miracle" economy?

    _46200587_gdp_growth_rates_466x419.gif
    More bearish than bullish at the moment
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    As a matter of interest, which of the countries have revised their GDP figures, and which havent? I know out Q4 '08 and Q1 '09 were both substantially revised down, and so comparisons of unrevised and revised data may be inacurate.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Ron2256 wrote: »
    Germany fell further but not France.
    Looking at the graph, we are coming out of the recession slower than anybody else. Is that the "miracle" economy?

    I think YoY it's all looking about the same, isn't it? We have all lost between about 5.5 to 6% of GDP, except the Yanks who seem to have lost only about 4%...I suppose this begs the question is that activity gone for good?
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