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First In Last Out

UK economy to be last to exit global recession, OECD says - Telegraph

The UK economy will shrink in the third quarter and register zero growth in the fourth quarter, while America's economy will grow by 2.4 per cent in the fourth quarter and the euro Area's will increase by 2 per cent.

Only Brown in his bunker, and the FT, will be surprised.

Comments

Well thank god we are better placed than the rest of the world to weather the recession otherwise we would be really fucked.

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