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1. Beware recession scaremongering -Sage advice!

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Comments

  • FTBFun
    FTBFun Posts: 4,273 Forumite
    LOL at this thread. It's just an outpouring of juvinile nonsense. You can't say anything without it being picked up on and something made of it.

    Least it's kept some very happy!

    However, if your trying to get rid of a poster, it's probably working. Seriously what is the point when you cannot say a simple sentence without 5 or 6 posters coming along, twisting to the extreme and then giggling with each other like little schoolgirls.

    Well, at least you reacted with a modicum of dignity.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Ohhh, go back into recession. I'm not sure that's what you originally said, but let's go with it. It's a lot easier to predict a double dip when the economy is bouncing along the bottom, isn't it? Do you really believe that it was an amazing achievement?

    Well not many of the economic experts predicted it did they. What were the growth estimates for 2012 from George Osbournes first budget Renoman?
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I've had enough of the scaremongering now because I always predicted a recession.

    So what do you predict next?

    A deepening and worsening recession that takes us back to the days of 2008, or a recovery next quarter and a recession so mild nobody even noticed it?
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    So what do you predict next?

    A deepening and worsening recession that takes us back to the days of 2008, or a recovery next quarter and a recession so mild nobody even noticed it?

    No I don't see a recovery in the next quarter.

    But I'll take a quick look in my crystal ball and Ooohh.........what do I see...........yes you've guessed...... and it rhymes ;)..............more QE.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    No I don't see a recovery in the next quarter.

    But I'll take a quick look in my crystal ball and Ooohh.........what do I see...........yes you've guessed...... and it rhymes ;)..............more QE.

    God help you if it comes in the 3rd quarter then. You may even get 5 pages of vitorol about just how wrong you were!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    wotsthat wrote: »
    Much better to influence the things you can rather than worry about those you can't.

    Surprising that there isn't more focus on the balance of payments deficit then than GDP figures.

    The deficit means that there is a capital outflow from the UK. We are as a Nation are getting poorer.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ohhh, go back into recession. I'm not sure that's what you originally said, but let's go with it. It's a lot easier to predict a double dip when the economy is bouncing along the bottom, isn't it? Do you really believe that it was an amazing achievement?

    OBR didn't forecast it.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Can't say any fairer than that really, though feel your efforts are very much wasted here. They are not interested in anything you have to say as you've been labelled and thats that.


    You guys got a better rate of thanks than I in this thread, I should be the one claiming I'm unloved and rejected, not you mate.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    No I don't see a recovery in the next quarter.

    But I'll take a quick look in my crystal ball and Ooohh.........what do I see...........yes you've guessed...... and it rhymes ;)..............more QE.

    I expect the same. +/- a bit and some QE - it's hardly a difficult prediction. I also expect we'll find that we've not actually had a double-dip.

    Do you think the upward growth trend we've had since 2009 is going to reverse? Will GDP fall back to 2008 lows?

    Don't forget you're the person that says the figures are only correct if they have a minus sign in front of them so you might want to adjust for your inbuilt bias.
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    Well not many of the economic experts predicted it did they. What were the growth estimates for 2012 from George Osbournes first budget Renoman?

    So are you withdrawing your outrageous statement that you predicted the recession?
This discussion has been closed.
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