Recession is over says Mervyn King

**Moscow Mule** · 15 September 2009, 14:28

Means sqrt/**** all if the next two quarters are negative-growth...

**Liability** · 15 September 2009, 15:19

technicall he is not lying. They use a handful of parameters to determine potential growth and weight it against previous periods growth to get an expectation. So he isnt wrong

**scooterscot** · 15 September 2009, 15:27

Lend lend lend spend spend spend - hurray the good ole days are back!

**threaded** · 15 September 2009, 18:46

Originally posted by TimberWolf View Post

I'm reminded of Comical Ali for some reason.

http://www.telegraph.co.uk/finance/e...rvyn-King.html

Y'know, I thought Comical Ali as well. Spooky.

**BrilloPad** · 15 September 2009, 19:13

Originally posted by TimberWolf View Post

I'm reminded of Comical Ali for some reason.

http://www.telegraph.co.uk/finance/e...rvyn-King.html

Follow the link it says "may be" which is alot different to "is".

**TimberWolf** · 16 September 2009, 12:51

Originally posted by BrilloPad View Post

Follow the link it says "may be" which is alot different to "is".

Can I blame it on the BBC?

http://www.newssniffer.co.uk/articles/252912/diff/0/1

Confidence was further increased by comments from Federal Reserve chairman Ben Bernanke, who said the US economy was now "very likely over".

Revision:

Confidence was further increased by comments from Federal Reserve chairman Ben Bernanke, who said the US recession was now "very likely over".

**Menelaus** · 16 September 2009, 12:53

Does anyone think that Mr King has had his arm twisted?

**Menelaus** · 16 September 2009, 12:58

http://order-order.com/2009/09/15/me...pound-whacked/

Recession is over says Mervyn King