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IMF tells Osborne to spend


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Wrong, we were moving relatively strongly out of recession between 2009 and 2010, we had 5 succesive quarters of economic growth until the ConDems policies kicked-in and down we went.

 

:hihi::hihi::hihi::hihi::hihi::hihi::hihi::hihi:.....I assme there is a punchline to this joke.

 

Good god - do you ever take your rose coloured glasses off.

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Since when did this government listen to anyone?

 

Since when did the last one?

 

2000

 

IMF Warns Brown over Pre-Election Spending

 

2001

 

IMF warns Brown to cut spending

 

2002

 

IMF warns Brown over spending

 

2003

 

IMF gives Brown borrowing warning

 

2004

 

Spend less or tax more, Brown told

 

2005

 

Irate Brown rejects IMF's warning over deficit

 

2007

 

IMF warns Brown to curb spending

 

2009

 

Bad news for Brown as IMF says Britain's debt crisis is the worst among major economies

 

Hamish "Crash" McRuin never listened to the IMF.

 

Considering the following, I wouldn't either:

 

Labour ministers 'leant on IMF' to disguise devastating truth of pre-credit crunch economy

 

Labour ministers put pressure on international inspectors to ‘tone down’ warnings about the precarious state of the economy before the financial crisis, according to a devastating report.

 

The International Monetary Fund, the global financial watchdog, told the last government as early as 2004 that it was borrowing and spending too much money.

 

But the advice was rejected by Treasury officials who told the watchdog to water down its public criticisms of tax and spending policies.

 

The findings came in a report from the IMF’s Independent Evaluation Office which exposed a series of astonishing failures in the run-up to the crisis.

 

The report found that information was withheld from the IMF and the public by the British authorities, Fund officials were intimidated, and regulators at home and abroad failed to spot serious risks in the banking system and the economy.

 

LINK

 

A series of astonishing failures. :hihi:

 

 

Actually that gives me an idea for a book. Instead of "Lemony Snicket's A Series of Unfortunate Events" we could have "Gordon Brown: A series of astonishing failures".

 

---------- Post added 23-05-2013 at 00:57 ----------

 

Wrong, we were moving relatively strongly out of recession between 2009 and 2010

 

Links?

 

Alternate history is such fun isn't it?

 

Coulda, shoulda, woulda.

 

I could say that Gordon Brown was moving strongly towards an alliance with the inhabitants of the planet Neptune in 2009/2010.

 

But the Coalition moved in a different direction and it never happened.

 

Proof? Pfffttt! Just take my word for it, it was going to happen.

 

---------- Post added 23-05-2013 at 01:42 ----------

 

 

 

Did you actually read your own link old fruit?

 

Relief for Osborne at last as IMF spots signs of recovery and welcomes improvement in the economy

 

International Monetary Fund drops call for slower deficit reduction

 

How does "drops call for slower deficit reduction" equate to "spend, spend, spend"?

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Aren't we the country that's not in recession whilst the EU are? Perhaps we should be giving them advice.

 

I agree, especially when the first link the OP posted states:

 

International Monetary Fund drops call for slower deficit reduction

 

They've been calling it for a while, it didn't need to be done slower, so they're wrong on that one.

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Since when did the last one?

 

2000

 

IMF Warns Brown over Pre-Election Spending

 

2001

 

IMF warns Brown to cut spending

 

2002

 

IMF warns Brown over spending

 

2003

 

IMF gives Brown borrowing warning

 

2004

 

Spend less or tax more, Brown told

 

2005

 

Irate Brown rejects IMF's warning over deficit

 

2007

 

IMF warns Brown to curb spending

 

2009

 

Bad news for Brown as IMF says Britain's debt crisis is the worst among major economies

 

Hamish "Crash" McRuin never listened to the IMF.

 

Considering the following, I wouldn't either:

 

 

 

LINK

 

A series of astonishing failures. :hihi:

 

 

Actually that gives me an idea for a book. Instead of "Lemony Snicket's A Series of Unfortunate Events" we could have "Gordon Brown: A series of astonishing failures".

 

---------- Post added 23-05-2013 at 00:57 ----------

 

 

Links?

 

Alternate history is such fun isn't it?

 

Coulda, shoulda, woulda.

 

I could say that Gordon Brown was moving strongly towards an alliance with the inhabitants of the planet Neptune in 2009/2010.

 

But the Coalition moved in a different direction and it never happened.

 

Proof? Pfffttt! Just take my word for it, it was going to happen.

 

---------- Post added 23-05-2013 at 01:42 ----------

 

 

 

Did you actually read your own link old fruit?

 

 

 

How does "drops call for slower deficit reduction" equate to "spend, spend, spend"?

 

 

 

Here you go old swivel-eyed Baaaaaaaaarnsley Bill!

 

http://www.guardian.co.uk/news/datablog/2009/nov/25/gdp-uk-1948-growth-economy

 

;)

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http://www.bbc.co.uk/news/business-22649136

 

European Central Bank (ECB) president Mario Draghi has said he sees "encouraging signs of tangible improvements" in the UK economy.

 

He was speaking on a visit to London.

 

Despite his mildly upbeat tone, Mr Draghi's ECB this month cut eurozone interest rates to a record low and latest figures show most of the eurozone economies are shrinking.

 

Even Germany, the strongest, barely experienced any growth in the first three months of this year.

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