It's Probably Nothing

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"UK Slides Back Into Recession in First Double Dip Since 1970s" ... "unexpectedly".


21 Comments

Oh my god, this is shocking news!

Oh my god, this is shocking news!
Posted by: Knight 99
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And SO "unexpected".

Canada will dip soon if gas prices remain high.

Does this mean the UK green windmill policy sucks instead of blows?

Cor blimey, wo' a shocka!

Well, when the largest employer in the world is the British state's National Health Bureaucracy and taxes are high and Windmills are the Government's greatest interest, I'm not surprized.

Nope, never saw THAT coming. Did they really think that the light at the end of the tunnel was not a train?

England, eh? Hmmm,.....

Just waiting for France now.

They are predicting it will contract further in the second quarter "due to an extra public holiday".
What?!? But the unions said that stat holidays were good for the economy.
This is indeed unexpected.

The "unexpected" (do business writers lack senses of humour?) news piles "pressure on Prime Minister David Cameron's
embattled coalition government". But what, exactly, can anyone do about it? Replace Cameron? With what?
The breakdown in a coalition is good theatre, but what will it accomplish here?

This is no surprise. Look at the UK today: overrun with political correctness, half its youth are blind drunk on the weekends, eduction system gone to pot, the growing influence of Islam and all the barbaric attitudes that come with it, a culture that is more interested in the sex lives of soccer players than with anything remotely important, and a culture that wants the nanny state to take care of everything.

They are cooked. All hail Mark Steyn. In the end *everything* he has said is slowly but surely coming true.

Perhaps if they had elected a Conservative government that created a positive business climate. Oh! How about any government that created a positive business climate?

And now, for a Princess Bride moment...

Unexpectedly!

You keep using that word. I do not think it means what you think it means.

And Ontario got downgraded today . . . Because Dulton is an economic genius.

Oh wow - a recession within a recession. Well whodda thunk it.

And Ontario got downgraded today . . .

Posted by: Fred at April 25, 2012 8:30 PM

Premier Dad's Adams apple will soon be the size of a watermelon.

And Ontario got downgraded today . . . Because Dulton is an economic genius.
Posted by: Fred at April 25, 2012 8:30 PM

Got to admit, he's effin' brilliant compared to what voted for him.

Gee I guess printing more monopoly money to pay creditors isn't working as well as the Euro banksters thought.

Unexpected? Not really- for anyone who isn't British, that is.

The Islamic Republik of Britain doesn't care about a double dip, Allah will take care of them

So Conservatives over-cooking austerity in UK leads to economic contraction and double dip recession and you want them to accelerate austerity even more quickly???

"The chancellor was putting a brave face on it, coming on all Margaret Thatcher with his "this government's not for turning" line. Yet this is a terrible blow for the coalition, which now stands accused of over-cooking austerity and thus killing off the tentative recovery that was under way when Labour left office almost two years ago
...Slow growth makes it harder for the government to hit its deficit-reduction targets and may well result in the UK having its credit-rating downgraded"

It's obviously George Bush's fault.

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