City and Chelsea to Fail Financial Fair Play....

[allan harper]

Can we not leave the talk of recession and definitions for another time and place?

Thats surely Thread Fair Play?

That's fine with you mate but I'm being educated on two topics in one thread.

 

[Dom38]

GDP growth is less than average, and that means we're still in recession. Let's not mention the ol' quantitative easing and low interest rate, we're still very much in recession and may sink back in when the effects of the cuts are felt.

Also, low consumer confidence is what made the recession worse. Recession and low consumer confidence are not 2 different types of economic downturn. It's people like you who think they know what they're talking about and vote for the bloody Tories. I'd put money on you being worried about the deficit too, even though our bond yield is one of the lowest in the world.

No dom, recession does not mean that at all. A recession Defined in this country (a reduction in GDP) is not currently in effect. Things such as QE and interest rate are nothing to do with a recession. As evidenced by the BBC and Office of national statistics links I posted.

As for me not knowing what I'm on about, I do just fine thanks and have managed to run a financial advice practice quite well despite my obviously limited knowledge.

But we ain't in a fucking recession. Whatever you think. Thanks.

I'm sorry, but I put the actual definition of a recession up there, you must have missed it, but it isn't 2 subsequent quarters of negative growth. That was theorised in an article 35 years ago and is a definition that isn't used in any capacity any more.

And you're right, QE and IR have nothing to do with a recession, other than being tools to fight the effects of it. Our interest rate is still low to encourage borrowing. You think QI is used and low interest rates are put there for a laugh?

 

[fbloke]

Can we not leave the talk of recession and definitions for another time and place?

Thats surely Thread Fair Play?

That's fine with you mate but I'm being educated on two topics in one thread.

Lol, perhaps the fact that I have an A level in economics explains my boredom?

Contango day will be the next tangent I expect.......

 

[Rammy Blue]

As for me not knowing what I'm on about, I do just fine thanks and have managed to run a financial advice practice quite well despite my obviously limited knowledge.

Out of interest - are you doing better than you were 12 months ago, mate?

 

[allan harper]

That's fine with you mate but I'm being educated on two topics in one thread.

Lol, perhaps the fact that I have an A level in economics explains my boredom?

Contango day will be the next tangent I expect.......

Is it fair to say you're reaching breaking point ?

 

[fbloke]

Lol, perhaps the fact that I have an A level in economics explains my boredom?

Contango day will be the next tangent I expect.......

Is it fair to say you're reaching breaking point ?

More like a tipping point TBH ;-)

 

[allan harper]

Is it fair to say you're reaching breaking point ?

More like a tipping point TBH ;-)

Lol ! Good shout Sir !

 

[Erling Haaland's Eyebrows]

Every confidence that our owners will have all this covered.

Naming rights for the stadium should bring in a few quid alone.

This!!

 

[u2fme2]

sponser the ground for 150 million, sorted

 

[Super Mario]

One of the Sheikhs mates can sponsor the ground or the shirt for inflated prices, then pay him back at a later date - job done