Double dip in March 2010

nollag2006

Well if you look at the tiny wobble in the March Nationwide figures, you can clearly see that the double dip has been and gone

:rotfl:

Davesnave

Can't see it myself.
Must be your wishful thinking.:rotfl:

Procrastinator333

I don't really get threads like this.

Do people have that much time to start a thread that has no real content and is really just an excuse for those with common views to voice the same thing again and give each other another high five?

Then again, I have too much time too as I'm replying

brit1234

nollag2006 wrote: »

Double dip in March 2010
you can clearly see that the double dip has been and gone

:rotfl:

https://forums.moneysavingexpert.com/discussion/2441717

UK back in recession

The UK is back in recession after a surprise 0.2% contraction in the economy in the first quarter of the year, official figures revealed today.

http://www.moneysavingexpert.com/news/protect/2012/04/construction-drop-means-uk-back-in-recession?utm_source=forum&utm_medium=sidebar&utm_campaign=box :rotfl:

matbe

brit1234 wrote: »

https://forums.moneysavingexpert.com/discussion/2441717

UK back in recession

The UK is back in recession after a surprise 0.2% contraction in the economy in the first quarter of the year, official figures revealed today.

http://www.moneysavingexpert.com/news/protect/2012/04/construction-drop-means-uk-back-in-recession?utm_source=forum&utm_medium=sidebar&utm_campaign=box :rotfl:

Youve waited 2 years for this self gratification?
Congratulations off home now and !!!! yourself to oblivion.

chucky

Negative_Equity wrote: »

Yes, I love it. Major egg on face for Nollag/StiflersMum :rotfl:

Serious question for you Negs. What time period elapses between both recession periods so you can call it a double dip recession, 2 years, 3 years, 5 years?

Loughton_Monkey

Let's get real!

The word 'recession' has been given an arbitrary, 'black & white', and rather misleading definition. Two successive quarters of negative growth. So 8% fall in one quarter, 0.1 growth the next, and 5% fall in the third quarter would not be a recession. 0.1% and 0.2% in successive quarters apparently is.

Recovering this bankrupt and toxic economy is an extremely tall order, and amongst other things involves the most urgent need to make draconian cuts. The books must be turned around to head in the right direction. If this creates a temporary and extremely trivial fall in growth for a short period, it's a very small price to pay.

It seems that the 'markets' agreed, since they were unphased at the news.