Australian Politics Forum

Australian Politics Forum
http://www.ozpolitic.com/forum/YaBB.pl General Discussion >> Thinking Globally >> Predictable: Socialist France's economy tanks http://www.ozpolitic.com/forum/YaBB.pl?num=1341241948 Message started by Awesome on Jul 3^rd, 2012 at 1:12am

Title: Predictable: Socialist France's economy tanks
Post by Awesome on Jul 3^rd, 2012 at 1:12am

France's economic growth ground to a halt in the first quarter as businesses slashed investment to weather the euro zone crisis and export sales slowed, national statistics agency INSEE said on Friday.

INSEE's final estimate of France's first quarter growth showed gross domestic product (GDP) unchanged quarter-on-quarter, confirming an initial estimate published last month.

http://uk.reuters.com/article/2012/06/29/uk-france-economy-gdp-idUKBRE85S0BJ20120629

Title: Re: Predictable: Socialist France's economy tanks
Post by Shackdweller on Jul 3^rd, 2012 at 1:31am

post hoc ergo propter hoc

Title: Re: Predictable: Socialist France's economy tanks
Post by pansi1951 on Jul 3^rd, 2012 at 6:13am

That sort of thing is bound to happen after the exponential growth fairy passes on.

Title: Re: Predictable: Socialist France's economy tanks
Post by Awesome on Jul 3^rd, 2012 at 3:00pm

Ex Dame Pansi wrote on Jul 3^rd, 2012 at 6:13am:

That sort of thing is bound to happen after the exponential growth fairy passes on.

Or when you elect a socialist to power....

Title: Re: Predictable: Socialist France's economy tanks
Post by darkhall67 on Jul 3^rd, 2012 at 5:08pm

Awesome wrote on Jul 3^rd, 2012 at 1:12am:

The socialists were voted in in May this year.

You blaming them for the first quarter results only shows how ignorant and one eyed you are.

Title: Re: Predictable: Socialist France's economy tanks
Post by darkhall67 on Jul 3^rd, 2012 at 5:09pm

Awesome wrote on Jul 3^rd, 2012 at 3:00pm:

Ex Dame Pansi wrote on Jul 3^rd, 2012 at 6:13am:

That sort of thing is bound to happen after the exponential growth fairy passes on.

Or when you elect a socialist to power....

You are an idiot.

Title: Re: Predictable: Socialist France's economy tanks
Post by tonegunman1 on Jul 3^rd, 2012 at 9:32pm

Awesome wrote on Jul 3^rd, 2012 at 3:00pm:

Ex Dame Pansi wrote on Jul 3^rd, 2012 at 6:13am:

That sort of thing is bound to happen after the exponential growth fairy passes on.

Or when you elect a socialist to power....

To be fair it would make no difference who was in power. Lots of countries from left to right have been living beyond their means and at levels that cannot be sustained. As pansi points out exponential growth is destined to end. When it does it's usually not pretty.