New fears on fate of economy

[mattheman]

http://business.timesonline.co.uk/tol/business/economics/article5748992.ece



the UK economy would contract by up to 6 per cent by mid-year and continuing to decline next year and into 2011.

 

[Le_Petit_Lapin]

6%?

Disaster. : /

Lol, the Bank of England's deputy manager is "Mr Bean"

 

[rsatd]

"Mr Bean"

So that's why!

 

[jamief]

6%?

Disaster. : /

Lol, the Bank of England's deputy manager is "Mr Bean"

You've clearly shown how little you know if you don't realise that a 6% decline is actually a huge amount.

 

[Raymond Lin]

I think these "we have more bad news" news is doing more harm than good. Half of the reasons all this doom and gloom is because the press keep telling us we are going into recession. We know ! Shut up about it, and do something positive about it.

 

[antijoke]

Well at least the RPI is at 0.1% and not below 0% like they thought.

 

[antijoke]

I think these "we have more bad news" news is doing more harm than good. Half of the reasons all this doom and gloom is because the press keep telling us we are going into recession. We know ! Shut up about it, and do something positive about it.

But they are just reporting what is happening? Would you prefer the Labour way of saying it's all great and it will be sorted by next year?

 

[randal]

I think these "we have more bad news" news is doing more harm than good. Half of the reasons all this doom and gloom is because the press keep telling us we are going into recession. We know ! Shut up about it, and do something positive about it.

Couldn't agree more mate. I'd love to see the alternate reality economy where the news reported anything but a daily tirade of misery, woe and financial negativity.

 

[Raymond Lin]

But they are just reporting what is happening? Would you prefer the Labour way of saying it's all great and it will be sorted by next year?

It's not what is happening, it is what someone thinks its going to happen. I am not saying they don't report it, just not every other hour.

 

[meghatronic]

But they are just reporting what is happening?

Ahhahahhaa hahahahah hahahhahaha hahahahha hahahahah hahahah. Joke of the day .

 

[TheCenturion]

I have said before, and will continue to say, this country is finished

 

[meghatronic]

I have said before, and will continue to say, this country is finished

It annoys me a tad when people say things like this. Whilst I don't disagree, try and clarify a bit!

Finished as in, we'll end up like Zimbabwe...? All dead? The country will sink? What?

 

[antijoke]

Ahhahahhaa hahahahah hahahhahaha hahahahha hahahahah hahahah. Joke of the day .

link
So I guess the inflation rate hasn't dropped to 3%

 

[[TW]Fox]

I have said before, and will continue to say, this country is finished

You are 14. What exactly makes you think the country is 'finished'?

 

[Rich_L]

The only thing which seems to have consistently been proven right, is so-called experts and pundits getting things wrong.

 

[scorza]

I have said before, and will continue to say, this country is finished

People have been saying that about this country since the '70s Everybody just keep calm and carry on.

 

[Rich_L]

 

[Cosimo]

Carry On Regardless

 

[Muffin`]

I have said before, and will continue to say, this country is finished

Did you learn that in year 9 maths?

 

[jamief]

I have said before, and will continue to say, this country is finished

Aren't you 14 or 15? If so, please be quiet. A comment like that could conceivably be made by someone who had actually worked, been around when other Governments were in power, understood the economy etc, not by someone who hasn't started shaving yet.