By Tony Curram
UK economists are hoping today that the Bank of England will revealing the ‘V’ today that they’ve all been dreaming; a sharp drop in the economy, followed by a rapid bounce back.
However, there was confusion over the terminology used, leading many married me to take to twitter to express their support. One married man, Dale Alexander, tweeted:
“I feel you buddy, I’ve been hoping for the ‘V’ for weeks, but the missus says not until I do the Joe Wicks workout with her”.
Another, Scott Greenham tweeted “I’ve been putting ‘show me the V’ on the calendar every day for 2 weeks, and every time one of the kids won’t sleep; they do say kids are the best form of contraception.”
After a brief spell of confusion Kamal Ahmed, the BBC Economics editor, took to twitter to clarify the term: “When we talk about the ‘V’ in economics, we’re talking about the shape of the graph, caused by a sharp drop, followed by an immediate bounce back; it’s the best-case forecast we could hope for – get your head out the gutter!”
“Oh, well that’s a less interesting,” said Mr Greenham “although I suppose avoiding a recession would be nice,”
“Although personally I don’t see what they’re mutually exclusive; maybe I can have both?”