1. Beware recession scaremongering -Sage advice!

RenovationMan

shortchanged_2

I've had enough of the scaremongering now because I always predicted a recession.
So I suppose you have to ask was it scaremongering or am I just brilliant at economics?
Seeing as myself and a few others on here managed to predict what the CBI, OBR and the BoE amongst others failed to predict.

RenovationMan

shortchanged wrote: »

I've had enough of the scaremongering now because I always predicted a recession.
So I suppose you have to ask was it scaremongering or am I just brilliant at economics?
Seeing as myself and a few others on here managed to predict what the CBI, OBR and the BoE amongst others failed to predict.

'I always predicted a recession' - a bit like a stopped clock could 'always' predict 11:35?

Out of interest, to whom did you predict this recession?

ess0two

RenovationMan wrote: »

Oh dear, Graham is fast approaching one of his trademark Flounces!

Stand back everyone, he could flounce at any moment! :eek:

We can but wish.....

crash123

Mr._Pricklepants wrote: »

For some it seems to be more than a forum.
Racking up tens of thousands of posts, checking who thanks who, desperately trying to 'win' the argument, you know who I'm talking about.

HAMISH MCTAVISH:rotfl:

TDPIX

Definitely good advice

There's plenty of evidence that we aren't actually in recession and the ONS' first estimate was simply too negative. But it'll likely be 3 years before we know the truth about Q4 2011 and Q1 2012, in which time it'll be irrelevant anyway.

Best just to focus on your own circumstances. Buy what you can afford, and save wherever possible. And you should do this whether in recession or boom.

abaxas

We are screwed. Think anything different and you should be sectioned.

Question is how screwed.

RenovationMan

shortchanged wrote: »

Hang on, hang on, I have got other things to do in life you know. It's my turn to cook and the flippin pizzas were a nightmare to get out of their wrappers!

I have said all along that we would go back into recession, you can ask the thousands of people who frequent this forum.

I'm sure julieq will back me up on this one although she has been a bit conspicuous by her absence since the release of the first quarters GDP figures.

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?

Graham_Devon

RenovationMan wrote: »

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?

Did you predict it then?

chucky

shortchanged wrote: »

I have said all along that we would go back into recession, you can ask the thousands of people who frequent this forum.

This is very true but you did say the recession would happen because of high oil prices over $130/$120 if I remember rightly. What's the oil price now?