MSE News: UK economy still in recession

inspector_monkfish

ruggedtoast wrote: »

I'm still not really sure what you're on about - but as I'm locked well above base rates on my savings anyway - and am currently looking for a mortgage - I'll assume this is good news, for me, which is what I mainly care about.

this'll make your brain hurt....

http://en.wikipedia.org/wiki/Futures_contract

halight

inspector_monkfish wrote: »

i'm not depressed, i saw this coming
plus i'm a banker
apparantly i'm getting a ma-hoooo-siv bonus according to some people...:cool:;)

So we are still in the s&!t then.

Mr monkfish we spoke about more QE upto 200bn i said about them doing it at the start of 2010 and you thourt that it would be sooner you said november i think.

(tryed to look for the thred but i can not find it)

So looks like you will be right:T

more QE on the way?
IRs down to 0.25 anyone?

more chash for bangers

inspector_monkfish

lostinrates wrote: »

I feel just the same as I did yesterday.

Is there a reason why I shouldn't I guess I'm asking.

none at all my love

ruggedtoast

inspector_monkfish wrote: »

this'll make your brain hurt....

http://en.wikipedia.org/wiki/Futures_contract

No Banker's Big One for me.

purch

Does this now mean that Mrs Thatcher is no longer the evilist Prime Minister since records began now someone else has resided over a bigger recession?

Nah, she actually knew what she was doing, but did it anyway.

Gordon is just bumbling along without much of a clue why it's happening.

inspector_monkfish

halight wrote: »

So we are still in the s&!t then.

Mr monkfish we spoke about more QE upto 200bn i said about them doing it at the start of 2010 and you thourt that it would be sooner you said november i think.

(tryed to look for the thred but i can not find it)

So looks like you will be right:T

more QE on the way?
IRs down to 0.25 anyone?

more chash for bangers

talk of november is back in the markets now after this data
just have to wait and see
who knows what those crazy guys at the bank of england are thinking

Really2

1984ReturnsForReal wrote: »

Wait until its rounded down to 0.5%...

Last time it was corrected from -0.8% to -0.6% so in reality it could well go up not down further.

inspector_monkfish

MSE_Natasha wrote: »

This is the discussion thread for the following MSE News Story:

"Hopes for an end to recession were dashed today after new figures showed the economy shrank for a record sixth quarter-year in a row..."

Read the full story:
UK economy still in recession

ps. this thread started before the news story was published so has been merged to avoid duplication. Thanks to inspector monkfish for the original post.

no it wasn't, it was started 1minute after the news was announced !!
Come on MSE, pull your finger out !!

lostinrates

inspector_monkfish wrote: »

none at all my love

I like bing called my love.

Itb jut seems before these figures come out, whatever they are people get very excited about what it will or won't prove. Now, while I understand it is more representitive than what we see and experience individually, it doesn't seem its going to change..over night, what we are experiencing. Not like things like the banking dramas did on a similar scale, not like getting/losing a job does on an individual scale.

Its reflecting the little pictures we all see, right? not changing them...?

ruggedtoast

inspector_monkfish wrote: »

talk of november is back in the markets now after this data
just have to wait and see
who knows what those crazy guys at the bank of england are thinking

I dont understand anything you're posting today. November? Is that some kind of bankers euphemism for "My wallet is stuffed so full of lovely cash I can barely walk so have had to store a goodly portion in my top hat?"