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how come the turnaround happened so quick?

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    #21
    Originally posted by Gordon Brown View Post
    One word.



    Me.

    Way to Go - Gordo !

    As my Scots Granny always said ;

    Apples Will Grow Again

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      #22
      Originally posted by Menelaus View Post
      Fixed that for you.

      HTH.
      Really, how much influence do you think Brown and his cronies had on this *global* crisis. Yeah they screwed up and put Britain in a bad situation but the British economy is pretty small fry in the scheme of things, not even the largest in Europe.

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        #23
        Originally posted by Scary View Post
        Really, how much influence do you think Brown and his cronies had on this *global* crisis. Yeah they screwed up and put Britain in a bad situation but the British economy is pretty small fry in the scheme of things, not even the largest in Europe.
        Given the much-vaunted special relationship with the biggest economic power on the face of the planet, we'd have expected to have had a much wider influence.

        To give Mandelson and Brown a "pass" on the basis that they're simply victims of a global crisis would be to absolve them of their part in the blame for this.

        Example: the largest economy in Europe (DE) went into a recession, dipped and came out again far faster that UK.

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          #24
          Originally posted by Scary View Post
          Really, how much influence do you think Brown and his cronies had on this *global* crisis. Yeah they screwed up and put Britain in a bad situation but the British economy is pretty small fry in the scheme of things, not even the largest in Europe.
          Oh Lordy, another nutter
          How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

          Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
          Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%

          "We hang the petty thieves and appoint the great ones to high office" - Aesop

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            #25
            Well the good news is it's all sorted now. UK likely out of recession, economy back in bubble territory, shares and property rocketing up. Everyone's coining it in again.

            This would never have happened under the Tories.

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              #26
              Good diagram. We're actually in the bull trap phase, which is somewhat extended due to the incredible amount of quantitative easing that has taken place. Once the effect of QE fizzles out we'll re-enter the collapse.

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                #27
                Originally posted by TazMaN View Post
                Good diagram. We're actually in the bull trap phase, which is somewhat extended due to the incredible amount of quantitative easing that has taken place. Once the effect of QE fizzles out we'll re-enter the collapse.
                Agreed - we're absolutely in a W shape.

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                  #28
                  Originally posted by TazMaN View Post
                  Good diagram. We're actually in the bull trap phase, which is somewhat extended due to the incredible amount of quantitative easing that has taken place. Once the effect of QE fizzles out we'll re-enter the collapse.
                  Not if we print forever. Just keeping printing away, the economy will be on fire and we'll all be rich!

                  I've always thought this manufacturing / service based economy sounded like hard work.

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                    #29
                    Originally posted by Menelaus View Post
                    Given the much-vaunted special relationship with the biggest economic power on the face of the planet, we'd have expected to have had a much wider influence.
                    This special relationship is one way (e.g. they can extradite our nutters from the UK just by asking, we have to have some evidence if we want one of theirs). It's just ego if you think that they lend more than a symbolic ear.

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                      #30
                      interesting graph
                      Last edited by chef; 26 August 2009, 09:06.
                      The proud owner of 125 Xeno Geek Points

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