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Are we really heading for a double-dip recession?

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Oh, sorry chucky. I didn't realise you thought there was going to be a double dip recession.
    as is said it's not important. you carry on, you're doing a great job.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    chucky wrote: »
    as is said it's not important. you carry on, you're doing a great job.

    Cheers chucky. :kiss:
  • DervProf
    DervProf Posts: 4,035 Forumite
    Something to bear in mind the next time you have a 'back and forth' discussion about investment funds.

    Why, are they good at giving investment advice ?

    "Bear in mind", I hope that was intentional.

    Anyway, the discussion would not have been so "back and forth" had you answered my question quickly and correctly.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • DervProf
    DervProf Posts: 4,035 Forumite
    edited 24 March 2011 at 12:09PM
    You're doing it again, Bungle.

    Predictable.

    You brought the subject back up. I thought it had ended amicably, and we were moving on. That's what I did until you mentioned it again at 9.56am ......

    Oh, I see what you're playing at.

    Next you'll be accusing me of dragging an argument on, or going round in circles. Bit hypocritical if you ask me. No, don't ask me, I`ll state that it is.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • wolvoman
    wolvoman Posts: 1,181 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Yes we probably are, as posted many times over the past year, despite the vast majority of economists backing off on that prediction over the past 4-6 months. Why just a double? We could easily see a triple, or more. Why? Basically, but not exclusively, government 'on-off' market manipulation, in what is an ongoing general global downturn. The big problem though is that the magician has largely run out of white rabbits now.

    If there's such a general global downturn, why are mineral and commodity prices in such demand around the world? You need to live up to your username a bit more!

    UK growth in the 1st quarter is likely to show a fairly robust rebound from the drop in 2010 Q4. Hence no double-dip.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    wolvoman wrote: »

    UK growth in the 1st quarter is likely to show a fairly robust rebound from the drop in 2010 Q4. Hence no double-dip.

    Do you really think so. The retail figures released for febuary came in below forecasts.
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