Australian Politics Forum - Predictable: Socialist France's economy tanks

Awesome

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Predictable: Socialist France's economy tanks
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

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JC Denton Gold Member Offline Posts: 5520 Gender:	Re: Predictable: Socialist France's economy tanks Reply #1 - Jul 3^rd, 2012 at 1:31am post hoc ergo propter hoc
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Ex Dame Pansi Gold Member Offline Australian Politics Posts: 24168	Re: Predictable: Socialist France's economy tanks Reply #2 - Jul 3^rd, 2012 at 6:13am That sort of thing is bound to happen after the exponential growth fairy passes on.
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Awesome Full Member Offline Australian Politics Posts: 216 Gender:	Re: Predictable: Socialist France's economy tanks Reply #3 - 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....
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darkhall67

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Re: Predictable: Socialist France's economy tanks
Reply #4 - Jul 3^rd, 2012 at 5:08pm

Awesome wrote 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

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.

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darkhall67 Gold Member Offline Australian Politics Posts: 1935	Re: Predictable: Socialist France's economy tanks Reply #5 - 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.
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tonegunman1

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Re: Predictable: Socialist France's economy tanks
Reply #6 - 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.

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