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Re: 'Shock' Contraction in the UK economy
There was bad snow in January last year, but there was still growth. The ONS, who produce the figures, said growth would have been flat even without the snow. And the spending cuts havent even started to be implemented yet.
You didnt need to be an Economist to see that it was all going to end in tears. Another quarter like the last one and we'll be in double dip recession territory, the LibDems will get even twitchier, the Tories will faction and implode and we'll see an election before Spring next year.
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