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Reply to: No double dipping

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Previously on "No double dipping"

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  • russell
    replied
    Originally posted by MrRobin View Post
    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.

    Leave a comment:


  • DimPrawn
    replied
    Originally posted by BrilloPad View Post
    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".

    Leave a comment:


  • MrRobin
    replied
    Originally posted by Hill Station Murthy View Post
    How will this affect supplies of hummous and tzatziki I wonder?
    <groan> Must try harder, HSM

    Leave a comment:


  • Hill Station Murthy
    replied
    A double dip recession?

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

    Leave a comment:


  • MrRobin
    replied
    Originally posted by russell View Post
    WHS

    Recession should be defined as 2 quarters with less than 1 percent growth.
    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.

    Leave a comment:


  • BrilloPad
    replied
    Originally posted by russell View Post
    WHS

    Recession should be defined as 2 quarters with less than 1 percent growth.
    Its a very good point. As "normal" growth is defined as 2% per year.

    Leave a comment:


  • russell
    replied
    Originally posted by OwlHoot View Post
    Double dip my arse - We've been scraping along the bottom for three years, with no sign of an upturn
    WHS

    Recession should be defined as 2 quarters with less than 1 percent growth.

    Leave a comment:


  • TimberWolf
    replied
    Originally posted by OwlHoot View Post
    Double dip my arse - We've been scraping along the bottom for three years, with no sign of an upturn
    whs.

    Leave a comment:


  • OwlHoot
    replied
    Double dip my arse - We've been scraping along the bottom for three years, with no sign of an upturn

    Leave a comment:


  • BrilloPad
    replied
    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.

    Leave a comment:


  • Chutney Spoon
    replied
    Double dipping is very much to be recommended.

    Leave a comment:


  • Spacecadet
    replied

    Leave a comment:


  • DimPrawn
    started a topic No double dipping

    No double dipping

    UK economy will face double-dip recession in 2012, warns OECD | Mail Online

    This would never have happened under the CyberTories.

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