Headlines and Stats

[dan-cat]

This article caught my eye through my RSS reader.

On the face of it, the article is painting more doom and gloom but take a look at the chart. Yes the GDP Growth has declined further from the 1st quarter of this year from the preceding quarter. However the rate of decline is greatly reduced.

I'm not a greater reader of figures. But couldn't these figures just as easily be interpretated in a positive light? That is to say, the rate of decline is the slowest since the end of 2007 and is greatly reduced from the previous sharp decline?

 

[JamesLast99]

Thank the lord - in the first 20 minutes we shipped 5 in the second only 4.

 

[Len Boorman]

If you are a politician then something going downwards is purely a negative positive. Then if it is not going down as fast then it is growth.

Only worry is when the negative positive is getting bigger but then again if it is growing negatively some may argue that it is getting smaller.

-1 is less that zero which is less that +1
therefore -2 is smaller still

Does that mean your overdraft is getting smaller as it retreats from zero.

Hmmm argue that one with your bank and post the result

L