The British Chambers of Commerce has called the bottom of the recession.
Really?
David Kern, chief economist at the BCC, said: "The worst phase of the recession is over, but serious downward pressures persist across all sectors and regions. Recovery is now possible but it is not yet secure.
“Further corrective measures are still needed to support the economy. The marked improvement in confidence, albeit from exceptionally low levels, is welcome."
Kern said the benefits would only be maintained if short-term policy "stays expansionist" and "Quantitative easing should be pursued aggressively".
In other words, the improvement will last as long as the government keeps spunking money it doesn't have up against the wall in a fatuous attempt to prove that all is well.
Mr Kern: fuck off and die, please. Now would be good.
Cunt.
5 comments:
It's called 'corporatism'.
FOAD is a lovely expression but frankly death is too quick and easy a way out for these CUNTS.
Make it a nice slow painful death, preferably involving fire ants or DK's sharpened cockroaches...
Clearly, you need to know less than nothing to be "Chief Economist" at the BBC. Whatever "economic education" the man has had must have massively negative value.
Reads like weaselly astrology:
"Russell Grant, chief astrologer at the BCC, said: "The worst phase of your problems is over, but serious downward pressures persist across all moods and relationships. Recovery is now possible but it is not yet secure.
“Further effort and commitment are still needed to support your strengthening psyche. The marked improvement in confidence, albeit from exceptionally low levels, is welcome."
Grant said the benefits would only be maintained if your recent attitude "stays expansionist" and "active communication should be pursued aggressively".
It doesn't say a fucking thing you can bet money on.
Or indeed
"the being pushed into the canal part of the evening is over but a boot is still exerting serious downwards pressure on my head. Recovery is now possible, but I reckon I'm fucked."
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