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Irish Politics Forum - Politics Technology Economics in Ireland - A Look Under The Nation's Bonnet


Devilish machinations come to naught --Milton
 
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 The Great International Depression of 2008 & Beyond /

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The Great International Depression of 2008 & Beyond / - Page 8 Empty
PostSubject: Re: The Great International Depression of 2008 & Beyond /   The Great International Depression of 2008 & Beyond / - Page 8 EmptyFri Jan 23, 2009 8:23 pm

BBC snippet, 1min 56sec

UK in Recession (officially). Figures show it shrank by 1.5% in the last Quarter of 2008 - the biggest fall in the past 28 years. Economists were expecting a 1.2% drop according to Bloomberg but no, it was started on the long slippery slope into hell, really.

Unemployment rising sharply - nearly two million now on the UK dole (which isn't as good as ours Razz) - one woman on the snippet below who runs a children's centre is smiling and happy and no wonder - what else do people do when the shit hits the fan but try to create little versions of themselves who they believe will support them when they are really old and it has caved in so much that people will be lucky to be living in caves by then. And little do they know that as they get older it will get soo bad that they will actually be canabalised by their own little ones. It'll be awful. Also if you look closely at the snippet you see a lot of people in the background begging ... (you need special software though)

And the politicians are keeping a stiff upper lip but behind the scenes I'd say they are all worried they'll be dragged kicking and screaming to the Tower of London again like in the ye olde dayes.