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This is the worst ever Government UK recession confirmed with 0.7% shock contractio

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Guest The Ropey HOFF

They also link it to high street spending and how business are fairing as well and with multi billions of pounds less being spent, it isn't helping, it is too complex a situation and as you say imports and exports deficits and other things, but also increasing the benefits bill with hundreds of thousands extra out of work and again not having wages to spend, is a recipe for disaster.

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They also link it to high street spending and how business are fairing as well and with multi billions of pounds less being spent, it isn't helping, it is too complex a situation and as you say imports and exports deficits and other things,but also increasing the benefits bill with hundreds of thousands extra out of work and again not having wages to spend, is a recipe for disaster.

 

That’s the critical part....when a Government can no longer sustain the level of spending then that’s the point at which you start to slide….just like Spain, Ireland and Greece</SPAN>

 

Spending more than they were getting in taxes, exports and money being brought into the economy</SPAN>


It's not who I am underneath, but what I do that defines me.

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Who would you replace them with then pb?

 

Some people on the dole, they couldnt do a worse job and would be a lot cheaper.

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That’s the critical part....when a Government can no longer sustain the level of spending then that’s the point at which you start to slide….just like Spain, Ireland and Greece</SPAN>

 

Spending more than they were getting in taxes, exports and money being brought into the economy</SPAN>

 

 

we just don't make enough stuff to sell, we are just buying and consuming everything from China. A country that doesnt make anything but it spending beyond its capabilitiy is operating on borrowed time.

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What a bunch of winkers.

[ATTACH=CONFIG]15770[/ATTACH]

 

milliband brothers and ed balls had the same schooling at the same schools .........

brothers and sisters .........labour got us into this mess.........this s.it started on their watch

 

they left this country in a right fiscal mess

Shall we all move to spain .....errrr ............no portugal ............hmmmmmm.........greece ...........errrrrr ireland ......what about north korea ?


BUT I DONT FEEL AFRAID

AS LONG AS I GAZE AT

WATERLOO SUNSET

IAM IN PARADISE

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Even Stephanie Flaaaanders from the BBC news was saying yesterday how dodgy these figures are and for people not to get too hysterical. Bloody hope she's right. I can't work out how one minute Cameron et all are shouting from the rooftops that we really, really, really are knacked on one hand and then inviting foreign countries to come and invest in infrastructure - I wouldn't touch us with a bargepole if I was looking to spread my dosh around.

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To me they all loom like Grattans Catalogue models, only without the humour and intellect.:laugh:

 

On the subject of Grattans Catalogue, as a youngster I couldn't wait until my mums new one arrived.

 

What prepubescent boy didn't look through the ladies underwear section and when mum caught you out you say, 'I was looking at the kitchen appliances'.:embarrassed:

 

Cheers Tony.

 

Thanks Tony, all these years and I thought it was just me who did that.:wink:

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milliband brothers and ed balls had the same schooling at the same schools .........

brothers and sisters .........labour got us into this mess.........this s.it started on their watch

 

they left this country in a right fiscal mess

Shall we all move to spain .....errrr ............no portugal ............hmmmmmm.........greece ...........errrrrr ireland ......what about north korea ?

Ever thought about Australia Bunbury?? It's doing OK.

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UK recession confirmed with 0.7% shock contraction

 

 

Experts are saying this useless Tort Goverment have strangled any slight hope we had pg getting out of this mess, they say the cuts and lack of projects has cut growth dead.....they have been in 3 years and cannot blame the world wide recession that the world is coming out of because of growth....This is a useless useless government that just has to go at the next election.

 

I can see why your upset PB but I don't think it would have mattered one bit who was in power. Do you think it would be any better now if Labour had won the election? That's the only other option really.

 

Who are these so called "experts" too and why aren't they running the country if they're so good. It's easy to come out with all the negatives in hindsight. I am a labour supporter from way back btw.

 

I don't think the rest of the world is coming out of the world wide recession either. Every day the news about Spain, Greece, Portugal, Ireland and now Italy seems to get worse. Germany, France and the UK can only bail them out for so long, it's not a bottomless pit.

 

America also doesn't seem to have moved on from its problems either, no good news coming out of there and god knows what will happen if Obama loses the election. I don't know an awful lot about American politics but he has to be the most competent President they've had in a long time and he can't seem to get it right. They have terrible unemployment and manufacturing figures. The once powerful cities are going broke.

 

Bit the same here. No-one seems to like Julia Gillard and her government and we are doing well in World terms, low unemployment, low inflation and she's still struggling in the polls. Our other choice is Tony Abbott and the Liberals. Don't have a clue what there policies are but don't think they would make anything better.

 

tbh I don't think Australia was ready for a woman PM, let alone a ranga.

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milliband brothers and ed balls had the same schooling at the same schools .........

brothers and sisters .........labour got us into this mess.........this s.it started on their watch

 

they left this country in a right fiscal mess

Shall we all move to spain .....errrr ............no portugal ............hmmmmmm.........greece ...........errrrrr ireland ......what about north korea ?

 

Actually it started with the other lot with them promoting the decline of British industry . The incoming lot just continued the policies they inherited.

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Quite why, or how this thread belongs on an expat site is beyond me, unless it is to remind us all why we left the UK, or why we would like to.

The last government took the art of "spin" and political lying to new depths.

When lying, they believed "the bigger the better," and, "shout it loud, shout it often."

(Anyone remember Saddam Husseins nukes that were "30 minutes from Peckham?")

Not quite sure how many British lives that little fib cost, or how many sqidzillions of our taxes went up in smoke so B. Liar could suck up to the yanks.

Not quite sure who these "experts" are you quote, or what they are "experts at," but it aint the old arithmetic for sure. Labour got the axe early May 2010, it is now late July 2012, so that seems to be about 2 years 2 months, not the 3 years being quoted. Just to put it in context, at the rate Gordon Brown was running up our national debt, (ie wasting our future taxes), that 10 months is a cool 28 Billion pounds worth.

I personally have absolutely no problem with anyone espousing any political belief they care to. But I think we would all grant much more weight to a chap who makes some attempt at honesty, and contrition for the carry on we had from 1997 to 2010. perhaps if they start each post by saying "we apologise for bankruting the country, spending your past, present and future taxes like water, yes we know we ran the national debt up by 90 million quid every single day we were in office, and even with all this largesse, there were fewer police, more illegal immigrants, MRSA, and you couldn´t find an NHS Dentist. We still don´t have a single clue what to do with the economy, but please, just like us, forget what we did from 1997 to 2010, just pretend we were in a canoe, and give us another chance to run the economy again."

 

Again, I really hate to point out the factual errors in the original diatribe, but we don´t actually have a Tory Government in the UK.

 

Ciao.

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Ever thought about Australia Bunbury?? It's doing OK.

 

wouldnt hesitate to live in bunbury again .......a lot of freiends there doing very well ..............they are working hard , some up north earning big bucks in 40c heat .......i on the other hand am sat at my computer at 1.20 pm on a thursday u.k ......and doing equally well ......its a no brainer


BUT I DONT FEEL AFRAID

AS LONG AS I GAZE AT

WATERLOO SUNSET

IAM IN PARADISE

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Quite why, or how this thread belongs on an expat site is beyond me, unless it is to remind us all why we left the UK, or why we would like to.

The last government took the art of "spin" and political lying to new depths.

When lying, they believed "the bigger the better," and, "shout it loud, shout it often."

(Anyone remember Saddam Husseins nukes that were "30 minutes from Peckham?")

Not quite sure how many British lives that little fib cost, or how many sqidzillions of our taxes went up in smoke so B. Liar could suck up to the yanks.

Not quite sure who these "experts" are you quote, or what they are "experts at," but it aint the old arithmetic for sure. Labour got the axe early May 2010, it is now late July 2012, so that seems to be about 2 years 2 months, not the 3 years being quoted. Just to put it in context, at the rate Gordon Brown was running up our national debt, (ie wasting our future taxes), that 10 months is a cool 28 Billion pounds worth.

I personally have absolutely no problem with anyone espousing any political belief they care to. But I think we would all grant much more weight to a chap who makes some attempt at honesty, and contrition for the carry on we had from 1997 to 2010. perhaps if they start each post by saying "we apologise for bankruting the country, spending your past, present and future taxes like water, yes we know we ran the national debt up by 90 million quid every single day we were in office, and even with all this largesse, there were fewer police, more illegal immigrants, MRSA, and you couldn´t find an NHS Dentist. We still don´t have a single clue what to do with the economy, but please, just like us, forget what we did from 1997 to 2010, just pretend we were in a canoe, and give us another chance to run the economy again."

 

Again, I really hate to point out the factual errors in the original diatribe, but we don´t actually have a Tory Government in the UK.

 

Ciao.

 

well said sir .............3 million extra immigrants under labour ..........3 MILLION ......in 13 yrs .............plus 270,000 unaccounted for ........


BUT I DONT FEEL AFRAID

AS LONG AS I GAZE AT

WATERLOO SUNSET

IAM IN PARADISE

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Guest Guest63690
No surprises really:no:.......this is the reality i'm afraid, the socialist dream fuelled by massive debt is over and now its payback time:sad:

 

The massive debt came about from bailing out the banks, who under light touch regulation so espoused by Thatcher and her cronies, and then carried on by new labour, began to behave more like casinos than banks. By 2007 labour had cut our debt to less than it was when Blair took office in 1997. Most of the deficit is made up of a decrease in tax reciepts of £112 billion, which stemmed from the financial crash, which again was triggered by the irresponsible behaviour of the banks. Labours spending on infrastructure, such as schools, police and hospitals (much needed after years of being run down by the Tories), are not what has got us into this mess.

 

Under the tories (Thatcher and Major) unemployment trebled, interest rates went up to 15% and child poverty increased by 28%. It was under their watch that everyone's wages and standards of living began to free fall and it was under their watch that deregulation led to the credit boom, which helped people bridge the gap between what they were used to living on and what they were having to get used to living on under a de industrialised, de unionised, society.

 

Of course Thatcher offered people a few sweeteners, such as allowing people to buy their own council houses, which deluded people into thinking they were going up in the world. Now those same people have their 35 year old children still living at home, because of high rents (thanks to a lack of social housing) and their inability to get a mortgage.

 

I fully concede however that the rich have done, and are continuing to do very well under the tories and New labour. The top richest 1000 people in this country (2012) own a combined wealth of £414 billion pounds, an increase of 4.6% on last year. Since 1970 the richest fifth people in this countries income has been increasing four times faster the poorest fifth and income multiples between the CEOs at the top of a company and the lowest paid staff has gone up by 100%. So has all this extra wealth trickled down? Clearly not.

 

It is not socialism that has led to where we are now. Its not being socialist enough!

Edited by Guest63690

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The massive debt came about from bailing out the banks, who under light touch regulation so espoused by Thatcher and her cronies, and then carried on by new labour, began to behave more like casinos than banks. By 2007 labour had cut our debt to less than it was when Blair took office in 1997. Most of the deficit is made up of a decrease in tax reciepts of £112 billion, which stemmed from the financial crash, which again was triggered by the irresponsible behaviour of the banks. Labours spending on infrastructure, such as schools, police and hospitals (much needed after years of being run down by the Tories), are not what has got us into this mess.

 

Under the tories (Thatcher and Major) unemployment trebled, interest rates went up to 15% and child poverty increased by 28%. It was under their watch that everyone's wages and standards of living began to free fall and it was under their watch that deregulation led to the credit boom, which helped people bridge the gap between what they were used to living on and what they were having to get used to living on under a de industrialised, de unionised, society.

 

Of course Thatcher offered people a few sweeteners, such as allowing people to buy their own council houses, which deluded people into thinking they were going up in the world. Now those same people have their 35 year old children still living at home, because of high rents (thanks to a lack of social housing) and their inability to get a mortgage.

 

I fully concede however that the rich have done, and are continuing to do very well under the tories and New labour. The top richest 1000 people in this country (2012) own a combined wealth of £414 billion pounds, an increase of 4.6% on last year. Since 1970 the richest fifth people in this countries income has been increasing four times faster the poorest fifth and income multiples between the CEOs at the top of a company and the lowest paid staff has gone up by 100%. So has all this extra wealth trickled down? Clearly not.

 

It is not socialism that has led to where we are now. Its not being socialist enough!

 

Well said sir....


Drinking rum before 11am does not make you an alcoholic, it makes you pirate..

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Guest The Ropey HOFF

I read in the papers that Osbourne said the Trillion pounds UK deficit has been reduced by 25% or a quarter thanks to all the cuts, which equals £250 Billion pounds, but ........ Osbourne has borrowed over £300 Billion pounds in the last two years, so just how these figures add up i don't know, before he said this, i heard the deficit was going up and up.

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Perhaps on this one occasion we should copy our Irish neighbours? And arrest the Bankers? Instead of giving them more and more of our money which they never share with those who need it? :rolleyes:


(RSMS 187) RCB 26.09.2013, Nomination 14.10.2013, Visa re-lodged 27.10.2013 non DRC. Child and Family Health nurse. Low risk country. Nomination and Visa both granted 03.12.2013. :jiggy:

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Guest The Ropey HOFF

Well it's nice to see our jails free at last of bent and corrupt MPs the jails are full and overflowing already without having to cater for the rich and infamous clogging up bed space.

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milliband brothers and ed balls had the same schooling at the same schools .........

brothers and sisters .........labour got us into this mess.........this s.it started on their watch

 

they left this country in a right fiscal mess

Shall we all move to spain .....errrr ............no portugal ............hmmmmmm.........greece ...........errrrrr ireland ......what about north korea ?

 

The SAME schooling did they? the Milibands went to a comprehensive school in Chalk Farm London,NOT prep/public school costing thousands,they got to Oxford on merit,anyone who doesnt get to a decent uni after public school education needs shooting.

Move to Spain,Portugal Greece or Korea?? yer missed out Burkina Faso,were doing better than them as well

 

OR we could move to one of the Eurozone countries that ISNT in a double dip recession couldnt we?

OR one of the other 18 G20 countries that unlike ourselves and Italy isnt in a double dip recession thats the worst in 50 yrs eh?

 

We can all base ourselves on the lowest common denominator,and then come out falsely thinking things arent THAT bad,but they are arent they,dont be so selective in your choice of countries to compare us with,ive seen that movie before

Edited by pablo

"The problem with neo conservative capitalism and it's insatiable greed for more wealth and disparity amongst the populace,is that it ended up being the catalyst for the great depression and modern recession"

 

Me,tonight:wubclub:

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The SAME schooling did they? the Milibands went to a comprehensive school in Chalk Farm London,NOT prep/public school costing thousands,they got to Oxford on merit,anyone who doesnt get to a decent uni after public school education needs shooting.

Move to Spain,Portugal Greece or Korea?? yer missed out Burkina Faso,were doing better than them as well

 

OR we could move to one of the Eurozone countries that ISNT in a double dip recession couldnt we?

OR one of the other 18 G20 countries that unlike ourselves and Italy isnt in a double dip recession thats the worst in 50 yrs eh?

 

We can all base ourselves on the lowest common denominator,and then come out falsely thinking things arent THAT bad,but they are arent they,dont be so selective in your choice of countries to compare us with,ive seen that movie before

 

Somalia anyone? :eek:


(RSMS 187) RCB 26.09.2013, Nomination 14.10.2013, Visa re-lodged 27.10.2013 non DRC. Child and Family Health nurse. Low risk country. Nomination and Visa both granted 03.12.2013. :jiggy:

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I read in the papers that Osbourne said the Trillion pounds UK deficit has been reduced by 25% or a quarter thanks to all the cuts, which equals £250 Billion pounds, but ........ Osbourne has borrowed over £300 Billion pounds in the last two years, so just how these figures add up i don't know, before he said this, i heard the deficit was going up and up.

http://en.wikipedia.org/wiki/United_Kingdom_government_austerity_programme

 

This is about as independent a source i can find re whether the austerity measures will/are actually working,if yer cba reading it its pretty damning,ive read it and the quotes from eminent economists within,and to me it shows that it SHOULD have been much slower and less severe,there can be no recovery without growth,were stagnating

 

Note that Osbourne is predicted to increase net borrowing by more than Labour proposed at the election,contrary to what some on here have said

Note also that in the entire time in office for Osbourne the uks economy has grown less than it did in alaister darlings last few months in office

Make your own minds up,i know mine is,i cant see these measures working,in fact have austerity measures EVER worked?

The usa's debt to GDP was worse than ours,INVESTMENT means its now back to pre crisis levels from what i see

Anyway.............going for me tea in a mo,tara!

Edited by pablo

"The problem with neo conservative capitalism and it's insatiable greed for more wealth and disparity amongst the populace,is that it ended up being the catalyst for the great depression and modern recession"

 

Me,tonight:wubclub:

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Quite why, or how this thread belongs on an expat site is beyond me, unless it is to remind us all why we left the UK, or why we would like to.

The last government took the art of "spin" and political lying to new depths.

When lying, they believed "the bigger the better," and, "shout it loud, shout it often."

(Anyone remember Saddam Husseins nukes that were "30 minutes from Peckham?")

Not quite sure how many British lives that little fib cost, or how many sqidzillions of our taxes went up in smoke so B. Liar could suck up to the yanks.

Not quite sure who these "experts" are you quote, or what they are "experts at," but it aint the old arithmetic for sure. Labour got the axe early May 2010, it is now late July 2012, so that seems to be about 2 years 2 months, not the 3 years being quoted. Just to put it in context, at the rate Gordon Brown was running up our national debt, (ie wasting our future taxes), that 10 months is a cool 28 Billion pounds worth.

I personally have absolutely no problem with anyone espousing any political belief they care to. But I think we would all grant much more weight to a chap who makes some attempt at honesty, and contrition for the carry on we had from 1997 to 2010. perhaps if they start each post by saying "we apologise for bankruting the country, spending your past, present and future taxes like water, yes we know we ran the national debt up by 90 million quid every single day we were in office, and even with all this largesse, there were fewer police, more illegal immigrants, MRSA, and you couldn´t find an NHS Dentist. We still don´t have a single clue what to do with the economy, but please, just like us, forget what we did from 1997 to 2010, just pretend we were in a canoe, and give us another chance to run the economy again."

 

Again, I really hate to point out the factual errors in the original diatribe, but we don´t actually have a Tory Government in the UK.

 

Ciao.

 

Its in a forum called CHEWING THE FAT,IE for debate,talking about visas ALL the time would send a glass eye to sleep wouldnt it...

 

Re Iraq and Afghanistan the Tory party were in full agreement,wars need a majority vote,so dont just blame labour eh

Its not like the tories have ever jumped at the chance of a war when their pm's popularity was on the decline have they?

Never sank Argentinian warships outside of an exclusion zone to "make sure" a war was inevitable over a rock in the Atlantic that Argentinians fall over when stepping out of their back door

Still,it got her re-elected on a wave of nationalistic chest beating,little did the populace know "just" how close we came to losing,but anyway...

 

Re spin,yes Blair was spin indeed,"biggest lie"?nah,i'd say that was the lizard cameron swearing he would "never" do anything to harm that much loved british institution the NHS,thats the biggest lie,compounded by the fact they refused point blank to let the people of the uk see the risk register on their plans.

 

So when it comes to spin i'd say cameron and osbourne were even worse,they both worked at the "conservative research centre",ie spin central,role playing,learning put downs etc,so i think they win that one hands down meself

 

Re "fewer police ,migration and nhs dentists",are you comparing their record to the tories present record?? cant see labours being worse what with all the public sector/front line staff made redundant under the "tory" gvnmt can you??

Re running up debt,Osbourne has already borrowed 158 bill more than he predicted,not bad for just 2 yrs eh?,but thats what happens when you have someone who studied modern history at uni running a countries treasury i suppose

 

Its a tory gvnmt in all but name btw,you and everyone else knows that


"The problem with neo conservative capitalism and it's insatiable greed for more wealth and disparity amongst the populace,is that it ended up being the catalyst for the great depression and modern recession"

 

Me,tonight:wubclub:

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The SAME schooling did they? the Milibands went to a comprehensive school in Chalk Farm London,NOT prep/public school costing thousands,they got to Oxford on merit,anyone who doesnt get to a decent uni after public school education needs shooting.

Move to Spain,Portugal Greece or Korea?? yer missed out Burkina Faso,were doing better than them as well

 

OR we could move to one of the Eurozone countries that ISNT in a double dip recession couldnt we?

OR one of the other 18 G20 countries that unlike ourselves and Italy isnt in a double dip recession thats the worst in 50 yrs eh?

 

We can all base ourselves on the lowest common denominator,and then come out falsely thinking things arent THAT bad,but they are arent they,dont be so selective in your choice of countries to compare us with,ive seen that movie before

 

 

 

 

well you are leaving anyway so why are you flapping ? ............shut the door on your way out .......lets see who comes out of this recession in better condition ...........those in the euro .......or the poor old U.K ...........the labour party are a disgrace .....give my regards to Deggsy will you .......and have a champagne for me .


BUT I DONT FEEL AFRAID

AS LONG AS I GAZE AT

WATERLOO SUNSET

IAM IN PARADISE

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well you are leaving anyway so why are you flapping ? ............shut the door on your way out .......lets see who comes out of this recession in better condition ...........those in the euro .......or the poor old U.K ...........the labour party are a disgrace .....give my regards to Deggsy will you .......and have a champagne for me .

 

"Flapping"? i dont flap mucker,just putting you straight on a cpl of things is all,as for leaving,looking less and less likely,why? because up here nobodies buying houses,the countries in a bad way remember?i need mine to sell to be able to move.

 

Labour party a disgrace eh?nice appraisal,you should go on question time,yer wasted on here,ahh well,i can live with your disaproval of them,no probs,i'l still sleep.

Degsy was militant tendancy not Labour btw,remember?nah swerve champagne,dont like it,i'l buy a special whisky when your party of choice get hoofed at the next election tho,that ok for yer?


"The problem with neo conservative capitalism and it's insatiable greed for more wealth and disparity amongst the populace,is that it ended up being the catalyst for the great depression and modern recession"

 

Me,tonight:wubclub:

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Guest Andy
well you are leaving anyway so why are you flapping ? ............shut the door on your way out .......lets see who comes out of this recession in better condition ...........those in the euro .......or the poor old U.K ...........the labour party are a disgrace .....give my regards to Deggsy will you .......and have a champagne for me .

 

It will be interesting to see who does come out of the recession first either those in the euro or us, i would put money on us to be honest.

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