Do we really want fast economic recovery?

[Mich the Tester]

Let’s presume for one moment of fantasy that Gordon’s right (yes I know, but just imagine) and the world’s economy will start to recover in April (2nd to be precise).

That would mean that most of the politicians, bankers and blue-chip directors that got us into this mess would still be in their jobs, ready to plunge us into a new crisis a few years down the line.

Shouldn’t a proper recession at least be long enough to clear out the incompetents and crooks that caused it so as to have a cleansing effect on the economy?

[PM-Junkie]

Remember that by April the recession will be into its 4th quarter, and that is hardly brief.

Regardless, this recession will be W shaped and not U shaped, meaning that when it appears to be over, there will be a further downturn as inflation and interest rates (amongst other things) begin to reveal themselves.

[Bagpuss]

OP...Absolutely, I still think there are many people who still believe the crazy lending/asset boom is the normal state of things and we are just in a temporary setback from exponential asset growth. These sheep could start another bubble if not controlled effectively.

[Gordon Brown]

It is vital that this USA sub-prime derived recession is averted as fast as is possible.

No.1 priority is protecting British Jobs for British Workers and not returning to Boom and Bust. I like saying this.

Printing money and recreating the boom is vital and must be implemented before the next election. I think you know what I'm saying.

[Pickle2]

That would mean that most of the politicians, bankers and blue-chip directors that got us into this mess

Market ramping, housing obsessed greedy fookers

[Mich the Tester]

Market ramping, housing obsessed greedy fookers

Yeah, that lot too.

[AlfredJPruffock]

It is vital that this USA sub-prime derived recession is averted as fast as is possible.

No.1 priority is protecting British Jobs for British Workers and not returning to Boom and Bust. I like saying this.

Printing money and recreating the boom is vital and must be implemented before the next election. I think you know what I'm saying.

Aye Gordon !

Yer such a clever Laddie !

The Universe is expanding - so why not the money supply !

Ye'll be gettin' ma vote ...

PS The recovery started in December - buts oor wee secret ...