sure the tories were great for the countries economy- not like anyone needed jobs those days. At least the guys that bought shares in our privatised services had something to live off. Idiot
To answer your question a recession normally happens when lots of economists start predicting it (self fulfilling prophecy). Theres now a very good living for economists who tell us that we’re all totally f***ked, shame they didnt tell us when we could’ve done something about it.
3 Comments
March 14th, 2010 at 6:43 am
The last was Black Wednesday. They usually occur at times of high inflation and low economic growth (GDP).
March 14th, 2010 at 9:38 am
sure the tories were great for the countries economy- not like anyone needed jobs those days. At least the guys that bought shares in our privatised services had something to live off. Idiot
To answer your question a recession normally happens when lots of economists start predicting it (self fulfilling prophecy). Theres now a very good living for economists who tell us that we’re all totally f***ked, shame they didnt tell us when we could’ve done something about it.
March 14th, 2010 at 7:14 pm
Yes, it’s called Taxes Are Too High. Your recession will never end.