Apr. 25th, 2012

johnny9fingers: (Default)
Firstly we have information that seems to inform us we are in a double dip recession:

http://www.bbc.co.uk/news/business-17836624
http://www.guardian.co.uk/business/2012/apr/25/uk-sinks-double-dip-recession-gdp
http://www.guardian.co.uk/business/economics-blog/2012/apr/25/double-dip-recession-george-osborne

Good ol' Little Gideon. Good ol' coalition.

And on a side-related note I shall copy a youtube lecture I saw on my my chum [livejournal.com profile] peristaltor's recent blog where professor Steve Keen has something to say to the neo-classical economists about money, which is rather different to the way that the banking fraternity and credit-rating agencies would like folk to believe it works:



Ah, economics: don't you love it?

Also, it rather appears that the coalition appear to have more problems with the Tories' associations (or otherwise) with the Murdoch group:

http://www.guardian.co.uk/media/2012/apr/25/rupert-murdoch-live-blog

And as we all cannot now forget, Jeremy Hunt is rhyming slang for something-or-other.

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