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Breaking News Home | All | Religion | Society | Tech | Choice | SA Newsroom
FRONT PAGE  |  6/25/2019
Choice News THURSDAY, FEB 5, 2009  |  6 comments
UK's Gordon Brown suggests world heading for a 'depression'
Gordon Brown appeared to acknowledge for the first time today that the world economy was heading for a 1930s-style “depression”.

Mr Brown stumbled slightly over his words at Commons question time, just a week after admitting that Britain was facing a “deep” recession.

As the financial gloom deepens, he told the Tory leader David Cameron today: “We should agree, as a world, on a monetary and fiscal stimulus that will take the world out of depression.”

The comment went unnoticed during rowdy question time exchanges between Mr Cameron and Mr Brown, which centred on protectionism and the Prime Minister’s use of the phrase “British jobs for British workers”. Ironically, the exchange ended with Mr Brown accusing the Tory leader of deliberately "talking Britain down". ...

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Response to economic crisis?
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· Page 1 ·  Found: 6 user comment(s)
News Item2/6/09 4:57 PM
John Yurich USA | USA  Find all comments by John Yurich USA
Barry from KY. wrote:
Scott said, "Pessimism rules! Obama was swept into office on a ticket of utterly dark end-of-world pessimism"
That is exactly the way George W. got into office the second time!!!
I am not a big fan of GW Bush but he was a better president then Obama is going to be because he was against abortion whereas Obama is for abortion to the extreme.

News Item2/6/09 4:47 PM
Barry from KY. | Northern KY.  Contact via emailFind all comments by Barry from KY.
Scott said, "Pessimism rules! Obama was swept into office on a ticket of utterly dark end-of-world pessimism"

That is exactly the way George W. got into office the second time!!!


News Item2/5/09 12:20 PM
Minstrel | UK  Find all comments by Minstrel
We have been depressed in UK ever since the Labour party took over government, so whats new.

News Item2/5/09 7:11 AM
John Yurich USA | USA  Find all comments by John Yurich USA
I agree with Brown that a Depression even worse then the Great Depression will soon start because of the way the world economy is.

News Item2/5/09 6:42 AM
Scott McMahan | Internet  Contact via emailFind all comments by Scott McMahan
Pessimism rules! Obama was swept into office on a ticket of utterly dark end-of-world pessimism. The UK is about to completely collapse. The EU is about to collapse. China is about to collapse. The world is going to end!

What's so funny is people think this situation is really bad. They should study the time from the end of the American Civil War to World War I. There was a panic or a depression every few years, non-stop. Yet, here we are...


News Item2/5/09 5:18 AM
Cliff Leckey | N. Ireland  Find all comments by Cliff Leckey
This labour Government is staggering around like a Drunk, not knowing what to do but just hopeing they will hit on a magic formula to WIN THE NEXT ELECTION. That is PM Brown`s primery concern.The money collapse takes secondary place.The hurting people are way down the list.
Not me guv.....nothing to do with me. I`am sick listening to it.
There are a total of 6 user comments displayed | add new comment |Subscribe to these comments
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