MSE News: UK economy out of recession – just

Davesnave

julieq wrote: »

I'm not sure you meant that to come out like it sounded Graham.

Julie seems to be suggesting that you may not be capable of such a witty rejoinder, Graham, except by accident.

I think your response settles it!

doire_2

julieq wrote: »

I've no idea why the idea that the recession is ending is such a downer for the bears.

Because its 0.1%!!!!!

Its over in name only.

doire_2

dopester wrote: »

Just watched Alastair Darling on Newsnight (iplayer).

Everything to support over-extended businesses, bad-decisions, failures, the old-regime.

Interest rates at 400 year lows and hundreds of billions pumped in to stop the adjustment.

Alastair Darling:
That is exactly what needed to happen, and still needs to happen... unless you're happy to stomp down hard on the prudent, the intelligent and wise money ready to invest at correct prices, and give new generations a shot at making a go of things.

Instead older generations are being protected, the old ways protected, values supported - when by now they should have gotten their savings/pensions/debt positions in order, to withstand the adjustment from the extreme boom. It can not be maintained. The forces of adjustment are just too powerful.

BusinessCycles, Part 4 of 4 - The Austrian Bust, Prof. Krassimir Petrov
Google Video

The look on Paxmans face when Darling was waffling :rotfl::rotfl:

whathavewedone

0.1%

Time to crack open the Tesco's value cider and party like it's 1997

Graham_Devon

Davesnave wrote: »

Julie seems to be suggesting that you may not be capable of such a witty rejoinder, Graham, except by accident.

I think your response settles it!

Theres no need to try and prove you had actually meant it to come out that way.

The mere fact that the person thought I didn't mean it just makes it better