wednesday1 Posted August 9, 2011 Share Posted August 9, 2011 UK manufacturing fall adds to market turmoil • Shock 0.4% decline in factory production in June • Car production suffers 1.7% fall • FTSE down 2% on news and debt crises • UK trade gap rises to £8.87bn http://www.guardian.co.uk/business/2011/aug/09/uk-manufacturing-fall-adds-market-turmoil Those of us who warned the reelection of a Tory Govt would lead to economic ruin for many, like back in the '80's look like we were right as the Cons do what they do best, wreck the economy. Link to comment Share on other sites More sharing options...
just_words Posted August 9, 2011 Share Posted August 9, 2011 Sounds like you want to go out rioting and looting! Link to comment Share on other sites More sharing options...
alchresearch Posted August 9, 2011 Share Posted August 9, 2011 From your link: NG economist James Knightley said: "The worry is that plunging equity markets will hurt business confidence and lead to firms cutting orders thus prompting further falls in output. "Plunging equity markets" would lead me to believe that this is a worldwide thing. Your link to the government and attempt to blame them is very weak. Link to comment Share on other sites More sharing options...
harvey19 Posted August 9, 2011 Share Posted August 9, 2011 UK manufacturing fall adds to market turmoil • Shock 0.4% decline in factory production in June • Car production suffers 1.7% fall • FTSE down 2% on news and debt crises • UK trade gap rises to £8.87bn http://www.guardian.co.uk/business/2011/aug/09/uk-manufacturing-fall-adds-market-turmoil Those of us who warned the reelection of a Tory Govt would lead to economic ruin for many, like back in the '80's look like we were right as the Cons do what they do best, wreck the economy. What would have been different with Labour ? Link to comment Share on other sites More sharing options...
wednesday1 Posted August 9, 2011 Author Share Posted August 9, 2011 What would have been different with Labour ? Well, all we know is that economic growth was .6 percent of GDP when Labour left office. Since then it has gradually drifted down to almost zero. Whos Osborne going to blame next time? Ah I can already see it, the rioters! Link to comment Share on other sites More sharing options...
sccsux Posted August 9, 2011 Share Posted August 9, 2011 "Plunging equity markets" would lead me to believe that this is a worldwide thing. The recession was a "worldwide thing" too, didn't stop the cons from trying to lay the blame at the door of labour. Your link to the government and attempt to blame them is very weak. Only as weak as the cons attempts to blame labour for the recession. Link to comment Share on other sites More sharing options...
harvey19 Posted August 9, 2011 Share Posted August 9, 2011 Well, all we know is that economic growth was .6 percent of GDP when Labour left office. Since then it has gradually drifted down to almost zero. Whos Osborne going to blame next time? Ah I can already see it, the rioters! Do you honestly think things would have been any different ? Link to comment Share on other sites More sharing options...
wednesday1 Posted August 9, 2011 Author Share Posted August 9, 2011 Do you honestly think things would have been any different ? Yes, I certainly do. Link to comment Share on other sites More sharing options...
harvey19 Posted August 9, 2011 Share Posted August 9, 2011 Has Phil got a budgie ? Link to comment Share on other sites More sharing options...
Grandad.Malky Posted August 9, 2011 Share Posted August 9, 2011 UK manufacturing fall adds to market turmoil • Shock 0.4% decline in factory production in June • Car production suffers 1.7% fall • FTSE down 2% on news and debt crises • UK trade gap rises to £8.87bn . Can we add civil unrest to that list. Link to comment Share on other sites More sharing options...
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