France and Germany exit their recessions

[Puggit]

Very fragile economies still, but technically they have exited their recessions:

http://news.bbc.co.uk/1/hi/business/8198766.stm

[Marf]

Puggit said:

Very fragile economies still, but technically they have exited their recessions:

http://news.bbc.co.uk/1/hi/business/8198766.stm

According to some hedge fund manager on Newsnight last night we are heading that way too. Fingers crossed eh

[unrepentant]

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

[RichardD]

And again...

http://www.independent.co.uk/news/business/news/uk...

independant said:

David Buik of BGC Partners said Germany and France would recover more quickly because of their prowess in exporting - contrasting with the UK's emphasis on services and banking.

[Parrot of Doom]

unrepentant said:

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

Didn't we enter recession later than other countries?

[unrepentant]

Parrot of Doom said:

unrepentant said:

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

Didn't we enter recession later than other countries?

I don't think so but that wasn't what I said. Brown has been banging on continuously about how we are better placed, would emerge earlier etc..

Mervyn King however sees it differently.

http://news.bbc.co.uk/1/hi/business/8196465.stm

[Spiritual_Beggar]

Marf said:

According to some hedge fund manager on Newsnight last night we are heading that way too. Fingers crossed eh

Fingers crossed indeed, though we all know how trustworthy those hedge funders are


P.S.: This is where we will see the real situation with our economy, and how bad a state our economy really is in.

Brown said we were better placed than anyone to get out of this recession. Well, if that was the case, how come the French and Germans are over it before us!?

I do hope than my pessimism is proved wrong though.

Edited by Spiritual_Beggar on Thursday 13th August 12:24

[Parrot of Doom]

unrepentant said:

Parrot of Doom said:

unrepentant said:

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

Didn't we enter recession later than other countries?

I don't think so but that wasn't what I said. Brown has been banging on continuously about how we are better placed, would emerge earlier etc..

Mervyn King however sees it differently.

http://news.bbc.co.uk/1/hi/business/8196465.stm

I must admit I've paid less than very little attention to all this talk of recession, but perhaps (and I'm no supporter) Brown was talking about the length of time a country is in recession, and not the date which it left.

[Davey111]

Spiritual_Beggar said:

I do hope than my pessimism is proved wrong though.

The beauty of being a pessimist; you are always right or pleasantly surprised!

[unrepentant]

Parrot of Doom said:

unrepentant said:

Parrot of Doom said:

unrepentant said:

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

Didn't we enter recession later than other countries?

I don't think so but that wasn't what I said. Brown has been banging on continuously about how we are better placed, would emerge earlier etc..

Mervyn King however sees it differently.

http://news.bbc.co.uk/1/hi/business/8196465.stm

I must admit I've paid less than very little attention to all this talk of recession, but perhaps (and I'm no supporter) Brown was talking about the length of time a country is in recession, and not the date which it left.

Still doing a lot of work for the BBC are you?

[Digga]

unrepentant said:

Parrot of Doom said:

unrepentant said:

Parrot of Doom said:

unrepentant said:

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

Didn't we enter recession later than other countries?

I don't think so but that wasn't what I said. Brown has been banging on continuously about how we are better placed, would emerge earlier etc..

Mervyn King however sees it differently.

http://news.bbc.co.uk/1/hi/business/8196465.stm

I must admit I've paid less than very little attention to all this talk of recession, but perhaps (and I'm no supporter) Brown was talking about the length of time a country is in recession, and not the date which it left.

Still doing a lot of work for the BBC are you?

Housing sales holds one clue:


Construction holds another:


Can you look at the two graphs and take a guess when the Brownturn started?

Edited by Digga on Thursday 13th August 13:41

[Parrot of Doom]

unrepentant said:

Parrot of Doom said:

unrepentant said:

Parrot of Doom said:

unrepentant said:

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

Didn't we enter recession later than other countries?

I don't think so but that wasn't what I said. Brown has been banging on continuously about how we are better placed, would emerge earlier etc..

Mervyn King however sees it differently.

http://news.bbc.co.uk/1/hi/business/8196465.stm

I must admit I've paid less than very little attention to all this talk of recession, but perhaps (and I'm no supporter) Brown was talking about the length of time a country is in recession, and not the date which it left.

Still doing a lot of work for the BBC are you?

What does that mean? You're suggesting I have an agenda? If you are, you're talking bks.

[unrepentant]

Parrot of Doom said:

unrepentant said:

Parrot of Doom said:

I must admit I've paid less than very little attention to all this talk of recession, but perhaps (and I'm no supporter) Brown was talking about the length of time a country is in recession, and not the date which it left.

Still doing a lot of work for the BBC are you?

What does that mean? You're suggesting I have an agenda? If you are, you're talking bks.

If the cap fits........

The only people still even remotely defending Browns execrable handling of the economy are a few (not all) members of the NEC and the leftie luvvie BBC.

Whatever butters your bread..

[nonegreen]

So the REPUBLICs of France and Germany are beginning to thrive again. We are still ROYALLY shafted. Time fora change of tack then?

[AJS-]

nonegreen said:

So the REPUBLICs of France and Germany are beginning to thrive again. We are still ROYALLY shafted. Time fora change of tack then?

But the Principalities of Liechtenstein, Luxembourg and Monaco are all richer per capita than either Britain, France or Germany. So should we become a principality?

[greygoose]

AJS said:

But the Principalities of Liechtenstein, Luxembourg and Monaco are all richer per capita than either Britain, France or Germany. So should we become a principality?

You want to be Welsh ?

[The Hypno-Toad]

nonegreen said:

So the REPUBLICs of France and Germany are beginning to thrive again. We are still ROYALLY shafted. Time fora change of tack then?

Right kids?

[AJS-]

greygoose said:

AJS said:

But the Principalities of Liechtenstein, Luxembourg and Monaco are all richer per capita than either Britain, France or Germany. So should we become a principality?

You want to be Welsh ?

Why not. We'd all be rich then!

[jesusbuiltmycar]

Parrot of Doom said:

unrepentant said:

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

Didn't we enter recession later than other countries?

Sounds like you have been listening to too much Nu Labours spin...

They recently revised the start of the recession backwards by one quater - meaning we entered the recession at the same time as Germany and France...

http://www.financialadvice.co.uk/news/12/ukeconomy...

How come more wasn't made of this buy the press?

Edited by jesusbuiltmycar on Friday 14th August 09:07

[Digga]

jesusbuiltmycar said:

Parrot of Doom said:

unrepentant said:

But hang on a minute. Gordon Brown said that we, Britain, were best placed to deal with recession and would emerge first. But our recession is deepening.. Shurly shome mishtake?

Didn't we enter recession later than other countries?

Sounds like you have been listening to too much Nu Labours spin...

They recently revised the start of the recession backwards by one quater - meaning we entered the recession at the same time as Germany and France...

http://www.financialadvice.co.uk/news/12/ukeconomy...

How come more wasn't made of this buy the press?


That fact that so many people lap-up every scrap of 'official' (read party political) data they're fed, combined with a general, abject cluelessness and apathy about business and the economy and it's no wonder our governments (I use the plural, because this goes way back) get away with such blatant lies.

Edited by jesusbuiltmycar on Friday 14th August 09:07

And even that revision is still bks - I refer you to my last post in this thread - because it offers no explanation to the corresponding drops in house sales and building (housing starts) which clearly begin in 2007. Utter horsest.

EDITED TO SORT QUOTES.

Edited by Digga on Friday 14th August 11:21