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Old 14-11-2013, 14:20   #62
Osem
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Re: Official: There was no double-dip recession

Quote:
Originally Posted by Chris View Post
You say that as if political capital were a trivial thing - I don't think it is. In truth, the definition of recession itself, as two consecutive quarters of negative growth is entirely arbitrary. But the designation has the power to decide the fates of politicians, parties, elections ...
Which is why Balls was so keen for it to happen...
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