No double dipping

[MrRobin]

How will this affect supplies of hummous and tzatziki I wonder?

<groan> Must try harder, HSM

[DimPrawn]

If we only double dip it will be a miracle. Its depression that is a bigger concern. And right now the Western World is headed that way.

Not affecting house prices.

http://www.nationwide.co.uk/hpi/historical/Nov_2011.pdf

• House prices increased by 0.4% in
November

• Price of a typical home is 1.6% higher than
one year ago


People can obviously afford to pay more, so there's certainly no hardship.

As Jim would say, "Recession my arse".

[russell]

Ay??! That's dumb as nothing is actually receding...

A better definition might be that you're not out of recession until you've reached the level of output you were at before contraction started.

Yeah good point, I just think declaring we are out of recession with 4 quarters of 0.0001% growth is a bit of a liberty.