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Recession

Everybody talks about the country being in a recession now, however I thought it wasn't until January next year (after two consecutive quarters of negative growth) that the UK would officially be in recession. Why do people talk themselves into this? Scare the sh*t out of people and it self perpetuates the problem. Also I can't help think that some of these large companies such as BT and Citigroup are using this "recession" to mask their long standing plans in slashing their workforces. I think there is a ton of bullshit in all this.

Rant over.

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