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Post by jonren on Jan 13, 2009 11:23:19 GMT
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Post by wetkingcanute on Jan 13, 2009 12:31:30 GMT
It is frightening.
I run a small business, selling direct to retail outlets all over the UK.
Everyday I say to myself "don't panic, stay positive, keep working your balls off."
...and every bloody day the combined media is telling me to panic and it's the end of civilization as we know it.
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Post by policecar on Jan 13, 2009 12:51:06 GMT
Mong has abolished Boom & Bust - you wont see another boom in our lifetime and he's got rod of bust and replaced it with systemwide meltdown.
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Post by minge tightly on Jan 13, 2009 12:53:00 GMT
It is only 'frightening' because the boom was so overdone in the first place and too many eggs were willfully put in the financial services/consumer orgy basket
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Post by joliet on Jan 13, 2009 12:56:57 GMT
In other news, Morrisons are creating 5000 jobs.
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Post by minge tightly on Jan 13, 2009 13:05:05 GMT
I'm not sure the creation of more jobs manning tills or stacking shelves (Sainsbury's are adding a few more thousand jobs apparently) will be much consolation to those at JCB ,for example, who are losing their skilled jobs (Even after the workforce took pay cuts last year to keep workers on).
Then again, beggars can't be choosers and you should never be too proud to take a job. Something the British are going to have to remember and come to terms with again.
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yord
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Post by yord on Jan 13, 2009 13:12:57 GMT
Never , one of the most dramatic things about the UK workers mentality is the macabre connection between stupidity and self reflection
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kog
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Post by kog on Jan 13, 2009 13:58:57 GMT
I really don't know how the Tories can distinguish between now and 1997 when Labour came to power. What I mean is they have been saying the economy was f'd since 1997. The only difference now is Labour agree with them.
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Post by bertrus2 on Jan 13, 2009 14:09:11 GMT
What's frightening about Britain suffering from the global economic downturn? Trying to make a party political case out of events beyond the control of any single coutry is pretty dumb.
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Post by omnipleasant on Jan 13, 2009 14:22:43 GMT
The world economy is fcuked. Of course it's frightening.
The important thing is how governments respond. Pretty much everyone in the world agrees that we need to spend public money right now to help people through the downtrun - apart from the UK Tories of course.
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Post by bertrus2 on Jan 13, 2009 14:44:09 GMT
Governments, of course, can be criiticized for the policies they have towards the inevitable results of the worldwide economic depression. However, making stupid remarks about the great Gordon just because there is a worldwide depression is bathetically feeble.
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flatandy
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Post by flatandy on Jan 13, 2009 14:49:46 GMT
It is frightening. I run a small business, selling direct to retail outlets all over the UK. Everyday I say to myself "don't panic, stay positive, keep working your balls off." ...and every bloody day the combined media is telling me to panic and it's the end of civilization as we know it. Agree. My company isn't doing great, but we're not up sh it creek yet. Probably won't be. But the mass hysterical panicking coming from the media really doesn't help us as it screws economic confidence so companies aren't even spending at recession levels some of the time. |
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yord
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Post by yord on Jan 13, 2009 14:52:04 GMT
the answer to all this is staring you right in the eyes and you either dont see it or ignore it. I think dementia is your curse.
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Post by minge tightly on Jan 13, 2009 14:53:24 GMT
The remarks against Gordon are due to Britain being in a very precarious position thanks to an over-reliance on the financial services sector, the overinflated housing market and the rampant use of debt to fuel a consumer spending spree.
Bragging that 'Boom and Bust are over' didn't help his cause much either.
Anyway, latest rumours are that Brown will bring forward the raising of the school age to offset rising unemployment figures
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ricklinc
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Nostalgia
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Post by ricklinc on Jan 13, 2009 14:59:07 GMT
"... apart from the tories of course."
The persistent whine from Omnipresent is still going on. Brown is the idiot who blew every penny on useless crap for 12 years so that we've got nothing with which to work in this crisis so he has to borrow more money which he will continue to blow on useless crap. And Omnipresent whines about the tories who haven't had a thing to do with the mess. What an intellect!
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feral
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Post by feral on Jan 13, 2009 15:01:31 GMT
Oh good .That will mean the next generation of unemployed will be slightly more intelligent than the last
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Post by omnipleasant on Jan 13, 2009 16:52:00 GMT
"The remarks against Gordon are due to Britain being in a very precarious position thanks to an over-reliance on the financial services sector, the overinflated housing market and the rampant use of debt to fuel a consumer spending spree."
Yeah this is fair enough. Though of course it wasn't Gordo who liberalised the credit markets and created that situation - it was Cameron's mob. Gordon did nothing about it, but Dave and Chums were even more enthusiastic than him about letting financial markets rip. You have to ask now, who has learned the right lesson for the future, and who hasn't?
Rick - the Tories are pretty much the only people in the world saying that we should reduce spending on jobs and business during this recession. Every government in the world is increasing spending, yet they want to do the opposite.
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Post by Libby on Jan 13, 2009 16:57:29 GMT
The latest companies to go into administration today are Land of Leather and the frozen food company Findus. I was really surprised about Findus, after all, we all have to buy foodstuffs. I suppose with cheaper frozen foods available at Iceland it was hard for Findus to compete. It makes me wonder who will go next. The only consolation i suppose is that things do improve after times like this.
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Post by peakman on Jan 13, 2009 18:47:00 GMT
Just can't get the credit, seems to be the general complaint. Money is drying up, like one of those African rivers, then everything suffers. How to get it flowing again? The answer is, like on the African plains, we must wait until the rain clouds form once more. For "Rain clouds" read America.
P.S. And Gordon Brown is no witch doctor, at least not a powerful one, seeding the ground with Pound notes will not make it rain.
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cheyenne
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It's just a ride!
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Post by cheyenne on Jan 14, 2009 11:50:04 GMT
 I'm going to miss the Findus crispy pancakes, they were yummy. Bliar certainly chose his moment to butt out very carefully indeed, didn't he.
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