At the beginning of this recession the Prime Minister and ministers were often telling us that Great Britain was best placed to weather this recession. Well today's GDP's figures shows how wrong they were. Whilst France and Germany pulled themselves out of it, we're still stuck in negative territory.
We were the first into this recession and now it looks like we'll be the last out of it. This one tops the 80s and 90s recessions with six quarters of negative growth, worst since 1955.
So stick that up your quantitive easing.
Squiffy.
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