Wednesday, April 22, 2009

Teeny Problem Darling



....the fall in UK GDP of 3.5 per cent for 2009 looks reasonable but, for the economy to achieve growth of 1.75 per cent in 2010 it would require an extraordinarily vigorous bounce back, which is simply not credible. Why? Because the reasons for much of the growth leading up to the financial crisis, buoyant public spending and a rapid increase in consumer indebtedness, cannot be replicated
Ruth Lea ( A woman worth listening to but I wish she had kept her old hellish haircut , I loved it )

2 comments:

Nick Drew said...

short and sweet

in both departments

banned said...

Is that what Cameron denounced as a Trampoline Bounce ?

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