• Record Recession for UK Economy
    38 replies, posted
[quote][url=http://news.bbc.co.uk/1/hi/business/8321970.stm][b]The UK economy unexpectedly contracted by 0.4% between July and September, according to official figures, meaning the country is still in recession.[/b] It is the first time UK gross domestic product (GDP) has contracted for six consecutive quarters, since quarterly figures were first recorded in 1955. But the figures could still be revised up or down at a later date, because this figure is only the first estimate.[/url][/quote] So much for the signs of the UK economy improving. At least interest rates will stay low I guess. I'm also wondering what the UK government will do with the VAT (Value Added Tax) rate come December 31st, when it's supposed to rise back up to 17.5%.
The pound in the shittier, and a fat guy who had too much chilli is sitting on it.
Oh noes! no EU holiday for me next year then.
Ah, fuck.
It's the UK. ..Who cares
[QUOTE=Camundongo;18016787]At least interest rates will stay low I guess.\[/QUOTE] Thats why the Pound (and the Dollar) are losing value like crazy. [editline]07:28PM[/editline] The Dow Jones is going up in the US, but only because the dollar is worth less.
[QUOTE=Redcow;18017393]It's the UK. ..Who cares[/QUOTE] I don't know... Wait, maybe the large number of Brits who happen to frequent these forums? I know I care. Obvious troll.
[URL=http://filesmelt.com/][IMG]http://filesmelt.com/downloader/dow3.png[/IMG][/URL] SUCK ON [B]THAT![/B]
[QUOTE=ProboardslolV2;18017567][URL=http://filesmelt.com/][IMG]http://filesmelt.com/downloader/dow2.png[/IMG][/URL] [URL=http://filesmelt.com/][IMG]http://filesmelt.com/downloader/glorious1.png[/IMG][/URL] SUCK ON [B]THAT![/B][/QUOTE] What, that the pound is still stronger than the dollar, despite the fact the UK is in a deeper depression than the US? :smug:
[QUOTE=Camundongo;18017642]What, that the pound is still stronger than the dollar, despite the fact the UK is in a deeper depression than the US? :smug:[/QUOTE] Exactly. Americans :'D
[QUOTE=decilling;18017694]Exactly. Americans :'D[/QUOTE] shutup tea sipper
saw it coming
[QUOTE=ProboardslolV2;18017567] SUCK ON [B]THAT![/B][/QUOTE] The biggest reason the Dow is going up is because the dollar is losing value. So it takes more dollars to buy a share.
Money is such a fucking weird thing. How someone lives is based on a number they have, then if the value of that number goes down then everything goes in the shitter.
Things will pick up eventually, it's just a matter of when.
[QUOTE=Redcow;18017393]It's the UK. ..Who cares[/QUOTE] certainly not english people
The uk is fucked because: 1. Immigration into a jobless place 2. Lack Of industries (The uk doesn't make shit anymore!) 3. Outsourcing stuff to other places (China to make shit, mexico got the windfarm deal) 4. Corrupt Goverment (Nuff Said)
[QUOTE=Killergam;18018998]The uk is fucked because: 1. Immigration into a jobless place 2. Lack Of industries (The uk doesn't make shit anymore!) 3. Outsourcing stuff to other places (China to make shit, mexico got the windfarm deal) 4. Corrupt Goverment (Nuff Said)[/QUOTE] What the fuck are you talking about, England has a gigantic automotive industry, a very rich agricultural industry, and not to mention, a very important service industry. Outsourcing is not significant since it doesn't reduce the power of the economy. PPPPPPPPFPPFFPPFPPFFFf i bet the bnp isnt corrupt im sure nazi's can run great governments
[QUOTE=ProboardslolV2;18017567][URL=http://filesmelt.com/][IMG]http://filesmelt.com/downloader/dow3.png[/IMG][/URL] SUCK ON [B]THAT![/B][/QUOTE] Wait, that's from 99
[QUOTE=ProboardslolV2;18017567][URL=http://filesmelt.com/][IMG]http://filesmelt.com/downloader/dow3.png[/IMG][/URL] SUCK ON [B]THAT![/B][/QUOTE] [QUOTE=Jewsus;18037853]Wait, that's from 99[/QUOTE] I do believe you picked the wrong article, this one is from 1999, not 2009.
In before EU fags going on about how we must join the Euro.
[QUOTE=Mr Infected;18038656]In before EU fags going on about how we must join the Euro.[/QUOTE] The UK? You're already in EU. Anyways, it seems economy here (in my local area, at least) is slowly turning around for the better.
[QUOTE=noctune9;18039226]The UK? You're already in EU. Anyways, it seems economy here (in my local area, at least) is slowly turning around for the better.[/QUOTE] He means the Euro currency thing.
[QUOTE=angelangel;18039348]He means the Euro currency thing.[/QUOTE] Oh right, misread that.
[QUOTE=Killergam;18018998]The uk is fucked because: 1. Immigration into a jobless place 2. Lack Of industries (The uk doesn't make shit anymore!) 3. Outsourcing stuff to other places (China to make shit, mexico got the windfarm deal) 4. Corrupt Goverment (Nuff Said)[/QUOTE] Works for the US too [QUOTE=Killergam modified]The US is fucked because: 1. Immigration into a near jobless place 2. Lack Of industries (The US doesn't make shit anymore!) 3. Outsourcing stuff to other places (China to make shit) 4. Corrupt Government (Nuff Said)[/QUOTE]
[QUOTE=Killergam;18018998]The uk is fucked because: 1. Immigration into a jobless place 2. Lack Of industries (The uk doesn't make shit anymore!) 3. Outsourcing stuff to other places (China to make shit, mexico got the windfarm deal) 4. Corrupt Goverment (Nuff Said)[/QUOTE] The US is fucked because: 1. Immigration into a jobless place 2. Lack Of industries (The US doesn't make shit anymore!) 3. Outsourcing stuff to other places (China to make shit, mexico got the windfarm deal) 4. Corrupt Goverment (Nuff Said)
yes we win
go america, fuck up the entire worlds economies
[QUOTE=radioactive;18043858]The US is fucked because: 1. Immigration into a jobless place 2. Lack Of industries (The US doesn't make shit anymore!) 3. Outsourcing stuff to other places (China to make shit, mexico got the windfarm deal) 4. Corrupt Goverment (Nuff Said)[/QUOTE] obama is shocked
[QUOTE=radioactive;18043858]The US is fucked because: 1. Immigration into a jobless place 2. Lack Of industries (The US doesn't make shit anymore!) 3. Outsourcing stuff to other places (China to make shit, mexico got the windfarm deal) 4. Corrupt Goverment (Nuff Said)[/QUOTE] Nice job paraphrasing the post above you from 55 minutes ago
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