British Prime Minister - "World in Depression", page

Well in the biggest Freudian Slip to date on the state of the World Economy, Gordon Brown whilst in Prime Minister Questions today at the Houses of Parliment, discussing the British and World Economy and the attempts by Pan Continent Government bodies through the Dohar Agreement and such like that it would,

take the world out of 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.

Times Online

If they follow this course, and not "protectionism".

This is being hotly debated as many see the Obama and US plans to offer favouritism to US corporations and Companies in the proposed Obama Bailout package, of leading the world towards the issues faced in the 1930's, which eventually with foreign policy reflecting that stance to led to the Rise of Hitler and WW2.


As Brown is known to have gone to Bilderberg meetings, and is keenly trying to shepherd world leaders into a Centralised Solution for this economic situation, and as far as I know Obama has not attended I find this very very interesting, and to be honest probably a big nightmare to for the American secret service?

It has been totally rebutted since by the PM's spokespeople as a Gaffe, or slip of the tongue, However what I find interesting is that this was a true Freudian slip, he started to say

R ....

For Recession and changed himself the wording, so the truth surfaced and the Spin and lies did not control him on that one word.

It is obviously as everyone knows with comments such as

worst crisis for a century

and such like that has been admitted by the government already, a depression we are in, as Keynes said

By the time you see the whites of the eyes of a Recession/Depression it's six months into it already

discussing the reality we see of such events out there in the real world, and their true starting points.

So as we are admittedly having the worse crisis for 100 yrs, and in that time the world had one of the worlds worst and certainly most widespread depression, with this slip of honesty from the PM may as well admit it all guys.

The D... word is about to become discussed openly and there is no deny where we are at by even the most enthusiastic of denier's.

During question time Brown told David Cameron: "We should agree, as a world, on a monetary and fiscal stimulus that will take the world out of depression."

and also as the meaning is ambiguous in itself, maybe this is the turning of the tide in "labelling" of the current event:

There is no precise, technical definition of a depression, but it is a severe form of recession, marked by a prolonged period of high unemployment, such as the world experienced in the 1930s.

Gaurdian

The speech , and his obvious intent and changing from RRR to D can be seen here:

On Monday, Treasury Financial Secretary Stephen Timms warned the country was "facing some of the harshest economic conditions for decades, perhaps for a century".

BBC

Pretty Obvious to me, we are about 1/3 of the fall left to go, or slope down in output, productivity, share values, property Values UK and US etc, with about 1/3rd of the way on Job Losses and company foreclosures gone until the bottom is reached.

Then flat for at least 3yrs prob 5-7, and hopefully a faster rise then than Japan suffered in the eraly 90's and had not really recovered from when this started.

Oh unless of course as usual they Cull the unemployed, steal all the money and gold, in-debt the next generation more and increase their land grab and shares in the Military by creating a New World War.

Take your pick, live in a Tent, beg for food, or fight for uncle Sam or Queen and Country.

Kind regards,

Elf

[edit on 4-2-2009 by MischeviousElf]

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