Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Britain sinks into deepest deflation since 1948

Interesting article. Apparently they don't manipulate their numbers as much as our government manipulates them. Old saying. Inflation=Recession. Deflation=Depression.

http://www.telegraph.co.uk/finance/financetopics/recession/5348943/Britain-sinks-into-deepest-deflation-since-1948.html

Answer Question
 
smalltowngal

Asked by smalltowngal at 4:40 PM on May. 19, 2009 in Politics & Current Events

Level 1 (-9 Credits)
Answers (6)
  • OMG, I can't wait to see how Obama gets blamed for this one!
    Anonymous

    Answer by Anonymous at 5:10 PM on May. 19, 2009

  • ...or Bush?
    Anonymous

    Answer by Anonymous at 5:11 PM on May. 19, 2009

  • That's what happens when you run out of everyone else's money with tax rates at 50%
    akinbottom2

    Answer by akinbottom2 at 5:16 PM on May. 19, 2009

  • See ! ... Socialism works so well !

    I fervently hope that their society / culture / economy make some corrections and start to be more people-centered again. They are such a great people !
    waldorfmom

    Answer by waldorfmom at 7:14 PM on May. 19, 2009

  • Wow, socialism works!!!!!! Not! Open your eyes folks. That will be us down the road.
    yourspecialkid

    Answer by yourspecialkid at 10:20 PM on May. 19, 2009

  • I'm curious how nationalized health care plays into their current situation.
    Anonymous

    Answer by Anonymous at 11:44 PM on May. 19, 2009

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.
close Cafemom Join now to connect to other members! Connect with Facebook or Sign Up Using Email

Already Joined? LOG IN