Problems with the economy are just starting ...

[sasguru]

It seems this thread has turned into handbags at 20 paces, leave it SB 'es not worth it.

Pah these johnny-come-latelies.
Way back in CUK tradition, SB and I have a rich and honourable history of me besting him with my wit and intelligence.

[AtW]

Way back in CUK tradition, SB and I have a rich and honourable history of me besting him with my wit and intelligence.

That's true actually.

He is the only one on here you can best (and I counted andyW also)

[shaunbhoy]

Pah these johnny-come-latelies.
Way back in CUK tradition, SB and I have a rich and honourable history of me besting him with my wit and intelligence.

It would require an awfully long trip back in history to find an occasion when a slack-jawed peabrain like you could ever best me sg!!
If I might use a Naval analogy, that would be the equivalent of the Bismark being crippled by the Isle of Wight Ferry!

[sunnysan]

Experts

I will ask an expert

Hmm recent events have shown that "expert" opinions dont always equate to what transpires. Experts in finance appear to be highly paid pissh'eads, whose predictions I would give less weight than my local mystic tarot card reader.

[shaunbhoy]

Experts in finance appear to be highly paid pissh'eads, whose predictions I would give less weight than my local mystic tarot card reader.

So still head and shoulders above sg then?

[BrilloPad]

As the PIGS are in deep tulipe (unemployment in Spain is at depression levels - 20% and Greece is effectively bust), what will the Germans do as they move out of recession? Because a growing economy needs a different policy to one in the doldrums e.g. you cannot keep interest rates low.
Italy and the like used to devalue and inflate in past situations like this but cannot now - they have to make the hard decision to stick with austerity.
Its going to be interesting.
Meanwhile in the UK whatever government is elected in May will have to make swingeing cuts so expect unemployment (in the public sector) to be massively increased, house prices to fall drastically and the postponed recession to take hold.

depression

FTFY