Originally posted by AtW
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Reply to: The Great Recession
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Previously on "The Great Recession"
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Originally posted by BlasterBates View PostThe great recession
Well it's now official, we're now in the middle of the worst recession since 1929 and we're no where near the bottom.
Hang on to your hats this is 9 on the Richter scale.
After 10 years of unbroken growth, low inflation and low interest rates, the UK is far better prepared to ride out the downturn than any other leading nation.
It is a source of national pride that a British Prime Minister is being asked by those leading nations throughout the world to advise, cajole and lead them through their current financial re-alignment.
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The worst recession since 19:29 ??? big deal .
It's one oclock now and things are picking up, its just part of the weekly cycle
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Originally posted by Mich the Tester View PostHow do you know we're nowhere near the bottom? How do the chappies at bloomberg, who probably didn't see this coming, know whether we're near the bottom?
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Originally posted by zeitghost<portentous voice> The Last Best Hope for Peace</portentous voice>
Nothing is over until we decide it is! Was it over when the Germans bombed Pearl Harbor? Hell no!!!!
And it ain't over now. 'Cause when the goin' gets tough... the tough get goin'! Who's with me? Let's go!!!
Last edited by Flashman; 2 December 2008, 12:48.
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Originally posted by Flashman View PostThis could be the end of days. Recession turns to Depression. Mass unemployment. Rioting. Race Riots. Civil war. Fascist Europe returns. And unlike the 1930s there will no escape. No liberating armies this time.
On the other hand. Interest rates are falling fast. Shops are having loads of Sales. Fuel costs are down The Pound is down against the Euro, giving us a 15% gain in competitiveness (no wonder President Barrusso hates us). And it can only be a matter of time before the Tories come in and fix the mess.
The fightback begins?
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Originally posted by zeitghost<portentous voice> The Last Best Hope for Peace</portentous voice>
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Originally posted by Flashman View PostThis could be the end of days. Recession turns to Depression. Mass unemployment. Rioting. Race Riots. Civil war. Fascist Europe returns. And unlike the 1930s there will no escape. No liberating armies this time.
On the other hand. Interest rates are falling fast. Shops are having loads of Sales. Fuel costs are down The Pound is down against the Euro, giving us a 15% gain in competitiveness (no wonder President Barrusso hates us). And it can only be a matter of time before the Tories come in and fix the mess.
The fightback begins?
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Originally posted by BlasterBates View PostThe great recession
Well it's now official, we're now in the middle of the worst recession since 1929 and we're no where near the bottom.
Hang on to your hats this is 9 on the Richter scale.
On the other hand. Interest rates are falling fast. Shops are having loads of Sales. Fuel costs are down The Pound is down against the Euro, giving us a 15% gain in competitiveness (no wonder President Barrusso hates us). And it can only be a matter of time before the Tories come in and fix the mess.
The fightback begins?
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Originally posted by Bob Dalek View PostWe shall borrow on the beaches, we shall borrow on the landing grounds, we shall borrow in the fields and in the streets, we shall borrow in the hills; we shall never be in the black, and even if, which I do not for a moment believe, this Island or a large part of it were ever in the black, then our Empire beyond the seas, armed and guarded by the British Fleet, would carry on the struggle, until, in God's good time, the New World, with all its power and might, steps forth to the rescue by offering us some right good deals, based on a new-found cornucopia of loot, namely sub-prime mortgages... again.
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Originally posted by TimberWolf View PostTo paraphrase Churchill:
We are not at the bottom, or even near the middle of the bottom, but we are near the start of the top of the middle of the bottom.
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Originally posted by Ruprect View PostWe are on the eastern point of the rusty sheriff's badge
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Originally posted by Ruprect View PostWe're in the middle of the bottom? Is that what I think it is?
We are not at the bottom, or even near the middle of the bottom, but we are near the start of the top of the middle of the bottom.
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