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double dip
Former Member
Posts: 1,876,323 The Mix Honorary Guru
hello
What do you think could cause a double dip recession? What will the government be doing to avoid this?
What do you think could cause a double dip recession? What will the government be doing to avoid this?
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The response to this recession has largely been to pretend it doesn't exist, in some ways. For example, New Labour decided the best way to deal with a mountain of debt was to add more onto that mountain of debt. Not the best way of getting the debt down, is it?
As for what government can do, the same as everyone else is doing. Get rid of all unnecessary spending and pay off that debt as soon as possible.
http://www.timesonline.co.uk/tol/news/politics/article7129248.ece
As someone who did a twelve hour yesterday and Friday and ten hours today I can tell you whatever it is it is not knee jerk. Our Ministers at least are carefully weighing up the options on where it's best to make savings.
There's also greater scope for longer term, as plenty of things can be cut but not straight away as you need to look at contracts and put replacements in place.
Fuss about nothing. Jokey letter which Laws should have shown to his office and had a chuckle, instead it makes him look like an humourless idiot (which he may be, but there's no need to advertise it)
It will be interesting to see how the markets react to the Cameron Clegg brotherhood, we have mounting debt and with interest rates so low there is no where to turn. The double dip could well depend on how C&C tackle cutting the debt.
On topic, there is now some talk that interest rates could rise in the next few months. They can't stay at almost zero per cent forever, can they?
I though it was about sherbet. What's a double dip, sex wise ? though i can think of 2 things off the top of me head