Triple dip anyone?

[BrilloPad]

BBC News - UK GDP: Economy shrank at end of 2012

[minestrone]

They are hardly really dips though, we are just kicking about 0%, calling them dips in the traditional sense is pushing it.

[Robinho]

The figures are bollocks anyway, We've been in depression since 2008.

[BrilloPad]

They are hardly really dips though, we are just kicking about 0%, calling them dips in the traditional sense is pushing it.

Economic output still 3% lower than 2008 - thats one of the worst performances in the world.

And a good chance of flat lining for next 5 years.

[Robinho]

We aren't going to grow until we increase the interest rates.

[Troll]

We aren't going to grow until we increase the interest rates.

That's when it gets interesting

[eek]

There will be a 10th dip. Because the entire economy is bumping around on zero growth as our wages slowly drop to chinese levels.

[Scoobos]

We aren't going to grow until we increase the interest rates.

Increasing interest rates will kill us even further wont it.

I don't understand how people aren't seriously worried about the amount of debt we are taking on at 1 - 1.5% ..

[The Spartan]

There will be a 10th dip. Because the entire economy is bumping around on zero growth as our wages slowly drop to chinese levels.

Maybe they'll move production here then look on the brightside

[Robinho]

Increasing interest rates will kill us even further wont it.

It will kill bad investments and free up resources for good (productive) investments.