UK Q4 GDP contracts unexpectedly by 0.5 pct qq

markharding557

Question: are the tories repeating the early 1980's when they caused a nasty recession then?
This time it's coming to so called middle england,not just the north

abaxas

markharding557 wrote: »

Question: are the tories repeating the early 1980's when they caused a nasty recession then?
This time it's coming to so called middle england,not just the north

Lest hope so.

You cant diet by eating Mcdonalds all day.

Fred_Bear_2

I was expecting extra spending ahead of the VAT rise and a dip next quarter. Next quarter looks even worse now (to me at least).

Batchy

Round 2 of QE is definately on the way... we need inflation, although not too much, and without the tax inflation hit, there really isnt that much inflation, and wont be unless wages start to rise by a more regular amount.

abaxas

Batchy wrote: »

Round 2 of QE is definately on the way... we need inflation, although not too much, and without the tax inflation hit, there really isnt that much inflation, and wont be unless wages start to rise by a more regular amount.

!!!!!!!

Are you really that gullible?

AD9898_2

Joeskeppi wrote: »

Where's all the rate rise enthusiasts?

Don't really see the point of feeling smug that a IR rise may have temporarily receded on the back of economic data that suggests we may be heading back into recession.

smeagold

Batchy wrote: »

Round 2 of QE is definately on the way... we need inflation, although not too much, and without the tax inflation hit, there really isnt that much inflation, and wont be unless wages start to rise by a more regular amount.

wage price/inflationary spiral, just what we need, not to mention all the strikes we'll have to go through before anyone gets a pay rise. Now thats really something to look forward too

AD9898_2

Batchy wrote: »

Round 2 of QE is definately on the way... we need inflation, although not too much, and without the tax inflation hit, there really isnt that much inflation, and wont be unless wages start to rise by a more regular amount.

We've already got inflation, but with unemployment rising there is no pressure on wage inflation so the higher inflation, the worse off people will feel and the economy will dip further causing a vicious circle.

Don't mean to be rude, but are you mad ?!?

adr0ck

talk of stagflation on bbc

can someone please explain what happens to the uk if we do have stagflation

thanks

doire_2

Blacklight wrote: »

Oh dear, that's the end of interest rates and for sale signs. You're lucky if you've bought a place recently but I can see estate agents windows becoming very, very empty indeed in the coming months.

House prices will skyrocket if we go back into recession.

How the hell do you work that out? Ohh thats right because in a recession poeple have loads of money to spend and aren't worried about their jobs so can spend silly money on a house.