Quote:
Originally Posted by Daldolma
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Where are you getting an 'everything is fine across the pond' theory? I didn't cite their current LFP rate -- I cited their 2007 LFP rate.
Our current LFP is higher than Britain's 2007, pre-crisis LFP -- when they logged 3 straight quarters of > 1% GDP growth.
It's also extremely disingenuous to act like 1.75% GDP growth is the high range of "doing fine". The UK hasn't had a quarter of > 1.7% GDP growth since the 80s. 1.75% quarter GDP growth is absolutely, once-in-a-decade (if that) superlative for the UK. Anything 0.8-1.2 has historically been a quality quarter.
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What on earth are you talking about? Q32011 UK GDP growth rate 2.4%, Q22011 2.1%, hell it was 4.6% in Q32007 it was 4.6%.
Do you even understand what I'm talking about?