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Splicer Keats
29 Apr 10 15:19
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Date Joined: 27 Nov 07
| Topic/replies: 3,925 | Blogger: Splicer Keats's blog
How can the treasury predict growth for the uk of around 3% when we are nowhere near that figure now and are about to make huge cuts in the public sector which impacts gdp negatively ?
Surely the bigger the cuts the larger the deficit, hence why bottler says no cuts yet, but as soon as they come we double dip.
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Report Chilly the Dog April 29, 2010 4:37 PM BST
house prices rose 10%, welcome to another bloody bubble.
Report V4 Vendetta April 29, 2010 5:19 PM BST
Cutting will reduce the deficit. We won't double dip because of the enormous reflatioary pressure we've been applying for nearly three years with ever falling interest rates (to wit - ever more counterfeiting paper currency) and a falling currency.

Other major economies have similarly been stealing private savings and pumping them into an inflationary boom, so it will take a bit to slow it up.
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