They can put in place a more malleable and compliant leader too. That's how democracy works. They've just won a Nobel prize for it, and everyfink
Oh.... wait....hang on a minute....
Does anyone expect anything other than very low growth for the next few years?
As these things fluctuate, we're bound to be in another "recession" at some point.
[url= http://www.reuters.com/article/2012/10/23/us-dupont-results-idUSBRE89M0H320121023 ]Could be joining those Southampton peeps soon[/url]
Lack of PV panel sales on mainland Europe for one thing 🙄
Sept figs are just the school clothes being bought for kids returning to school then another spike for Xmas followed by the Jan sales spike followed by doom and gloom again in Feb/March whilst everyone starts saving/paying for holidays
Just my uneducated,ignorant, simplified take on it
Well never fear, what with the rate at which unemployment and inflation are falling everything will all be hunky-dory by next week!we'll all have five jobs and be earning LOADSAMONEY! And there'll be no need to worry about the deficit, the balance of payments, or affording social security, or pensions, or public spending... Or maybe not. They know what is going to happen, They only expect us to be dumb enough to believe Their spin...
If it sounds too good to be true then it probably is.
It took the whole of history to build up the first trillion pounds of debt. The following 8 years to reach the second. 97% of money is electronic. I blame IT. http://www.neweconomics.org/publications/where-does-money-come-from
That's part of the problem. That we've had much of the next thirty years' growth twenty years ago...
"I blame IT"
That would be great... all we'd have to do is turn it off and then..... back on again.
boom and bust is a cycle of capitalism
I beg to differ, boom and bust is a function of credit bubbles created by a fractional reserve banking system.
Right can everyone just stop and logo off for a minute, we're rebooting the economy.
I agree that there is a limited amount the govt can do, we are at the behest of global capital. They do have more power than controling a stationary vehicle though. They can control whereabouts in the vehicle we are, so as to best exploit it winning the race, or avoid too much fallout if it crashes.
ALmost, Government can control where they are in the event of a crash, the rest of us, just cannon fodder and padding to ensure they survive.
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[i]Is there a breakdown of figures? I suspect what this actually means is that technically, London is out of recession. And as we all know; the rest of us don't actually exist[/i]
The rest of who? 😕
