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Old 25-04-2012, 13:36   #32
Derek
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Re: UK back in Recession

Quote:
Originally Posted by Damien View Post
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.
Not a Greece situation. Maybe a Spain or Italy one though with no sign of improvement in sight.
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