Recession is over!

[swamp]

UK recession may have ended in March

Britain may have come out of recession more than two months ago, a leading economic think tank suggested.

The economy's gross domestic product grew by 0.1pc in May following a similar increase in April, according to estimates released on Wednesday by the National Institute of Economic and Social Research (NIESR).

...

http://www.telegraph.co.uk/finance/f...-in-March.html

[Mich the Tester]

Prepare for the mighty Gordon to tell us he really has saved the world.

[Gordon Brown]

Thanks to all you guys and girls shopping like crazy at Lidl and Poundland, I can confirm today that Britain has never looked in better shape.

[BlackenedBiker]

Gordon you give me....

The horn.

[HairyArsedBloke]

Obama Drastically Scales Back Goals For America

From The Onion on YouTube

Obama will abandon complex policies on emissions, clean coal and refocus on achievable goals like applying deodorant daily, learning what to say when you burp.

"What I saw at Denny's made me realize how much I have overestimated the American people".

This could be anywhere in the UK too.

[alreadypacked]

This part of the Recession is over.

Further fall to follow soon

[OwlHoot]

Britain may have come out of recession more than two months ago, a leading economic think tank suggested.

The economy's gross domestic product grew by 0.1pc in May following a similar increase in April, according to estimates released on Wednesday by the National Institute of Economic and Social Research (NIESR).

I think the GDP includes Government spending. If so, I wouldn't put too much faith in this blip, considering the Government has been spending like there's no tomorrow (on borrowed money) trying to prop up the banks and more on unemployment benefits.

I'm surprised the Torygraph didn't highlight that, unless either I'm talking bulltulip or they are as keen as anyone to talk up the economy.

[sappatz]

UK populace

wishful thinking and clueless UK populace

[BrilloPad]

This part of the Recession is over.

Further fall to follow soon

WSS

[Cyberman]

Brazil entered recession very recently so there is no way that the world recession is over. I see further falls in the UK with the ridiculous oil price yet again sapping any strength out of the economy.