Bill Jamieson: 'Expert' predictions have been rendered redundant by the ferocity of the global downturn

WHO said, and I quote: "We forecast Scottish house price growth to be 4% in 2008… Strong fundamentals will underpin demand in Scotland… the Scottish economy is forecast to grow by 2% in 2008… rising above its long-term average in the first quarter and potentially strengthening further midyear."


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