tag:blogger.com,1999:blog-2948538160252327076.post5750654519805406931..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: UK edges towards recessionAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2948538160252327076.post-60305877650851034752008-06-30T11:09:00.000+01:002008-06-30T11:09:00.000+01:00Nick/anonymous/Alice?Can we find out any concrete ...Nick/anonymous/Alice?<BR/><BR/>Can we find out any concrete information about this GDP deflator? It seems extremely relevant - and, to be honest, I've absolutely no idea how it is calculated. I imagine it would be instructive to establish such details.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-4381093222098718712008-06-29T22:48:00.000+01:002008-06-29T22:48:00.000+01:00I find the continued ability/desire of the UK cons...I find the continued ability/desire of the UK consumer to spend money amazing. The recent Retail Sales figures were shocking to me. I can't understand it. Can such mad spending be maintained? Is it possible to spend your way out of a recession, when you are collectively up to your ears in debt already? Surely at some point the money has to be repaid, and the whole house of cards will come crashing down?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-36338296027231908112008-06-29T10:45:00.000+01:002008-06-29T10:45:00.000+01:00It uses a GDP deflator which should be an index th...It uses a GDP deflator which should be an index that corresponds to the value of UK GDP. This index will be different to the CPI.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-25141114256870660322008-06-29T10:42:00.000+01:002008-06-29T10:42:00.000+01:00Does the ONS use a CPI deflator to get GDP or any ...Does the ONS use a CPI deflator to get GDP or any of the other fraudulent tweaks like the US does? If so, I'll bet we are already in a recession even on the lagging official scorecard.<BR/><BR/>NickAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-10297786110914334082008-06-29T03:41:00.000+01:002008-06-29T03:41:00.000+01:00Just wait 'til unmemployment starts to gear up. T...Just wait 'til unmemployment starts to gear up. The property market will be toast.Anonymousnoreply@blogger.com