Gordon Brown appeared to acknowledge for the first time today that the world economy was heading for a 1930s-style ‚Äúdepression‚ÄĚ.
Mr Brown stumbled slightly over his words at Commons question time, just a week after admitting that Britain was facing a ‚Äúdeep‚ÄĚ recession.
As the financial gloom deepens, he told the Tory leader David Cameron today: ‚ÄúWe should agree, as a world, on a monetary and fiscal stimulus that will take the world out of depression.‚ÄĚ
The comment went unnoticed during rowdy question time exchanges between Mr Cameron and Mr Brown, which centred on protectionism and the Prime Minister‚Äôs use of the phrase ‚ÄúBritish jobs for British workers‚ÄĚ. Ironically, the exchange ended with Mr Brown accusing the Tory leader of deliberately "talking Britain down". ...