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Old 25-04-2012, 13:31   #29
Damien
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Re: UK back in Recession

Quote:
Originally Posted by heero_yuy View Post
Less worse than it would otherwise have been. See Greece.
I don't think if Labour had been re-elected we would be in a Greece style situation. That seems rather drastic and alarmist. No one has made a convincing argument that would have been the case. We're not part of the Euro and we have a considerably better debt-to-GDP ratio.

We don't know what would have happened if Labour had won, they didn't. The Conservatives won and the economy is now their responsibility.
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