Turn on thread page Beta

The Tories are going to give us the biggest recession ever seen! watch

    • Thread Starter
    Offline

    21
    ReputationRep:
    (Original post by illegaltobepoor)
    To be honest your analyst is flawed.

    Overblown assets are the product of Bank of England QE. Government got nothing to do with that. Its more the fact that the Neo-Liberals allowed it to happen and didn't put up a fight.

    Automation, unemployment, declining wages and bargain shopping are indications of stagnation.

    The subprime debt encouraged by the Tories is something to worry about I give you that.

    To be honest the UK is in a lot better state than Europe and the US but we have our problems. I will tell you the genuine ones.

    1. Rising interest rates. Once the world discovers the USA can't be trusted as the management of the reserve currency of the world people will turn their eyes to the allies of the USA. That would be UK, Canada, Australia, etc etc.

    They'll start to ask for more returns on their investments to justify the risk.

    What does a zombie economy look like? Ours and the USA. We are flat lining yet our economy still works. We are on some real fiscal drugs.

    2. The next big risk is revolution from the lower classes. A Arab Spring is possible in the UK. If the Tories keep perusing their austerity economics and socialism for the rich then they are sowing the seeds of envy themselves.

    A big part to play in this is the housing crisis. When people cannot afford a place to rent out due to factors of landlord greed or market speculation the workers who are needed to run our economy will be naturally rebellious and it will only take 1 spark to light a huge fire. It will be like a volcano erupting.

    3. Due to tax credits being abolished the alternative being the living wage will put huge stress on small businesses and force them out of business all together. This will result in a huge tax loss for the Government and up to 2020 the proceeding party will be dealing with another recession for sure.

    I believe these cry baby capitalist (crony capitalist business) business shouldn't exist in the first place and should be more collaborative if workers are to take lower than necessary wages but the time of me me me is gone. If business owners want to become rich they should respect the labors of the workers.

    4.The last thing which will bring a recession is another war and the hounds are barking for war with Syria. They want the war machine up and running. The bomb makers need their profits and all our Crony Capitalist politicians are going to line up and support the destruction.

    Cameron will do as hes told. As much as he sold himself like a hooker to whoever would pay the highest for a dinner party with him he will do the same as he has always done. Cameron likes corrupt money. The more dirty the money is the more he will go for it. Don't just take my word for it google CAMERON, PEERAGE, BRIBES, DINNER PARTIES.

    http://www.telegraph.co.uk/news/poli...-revealed.html
    Right to buy scheme was a government policy? bail out of the banks was a government scheme which the tories backed. I think my analysis is spot on.
    Offline

    2
    ReputationRep:
    The UK is finished. None of the parties have the balls to tackle the neoliberal agenda of supporting corporates. Sadly, there's a plethora of morons in the UK who believe the current market is a free-market. Even true small-c conservatives like Daniel Hannan would laugh at such a comment. The UK is screwed because the current Conservatives, who actually peddle neoliberalism as opposed to any form of true Conservatism (just ask Peter Hitchens), are not willing to tackle the fiscal issues properly and are more than happy to just let the trend continue whilst levying more debt upon the average person, further creating wealth inequality which has a direct impact upon one's way of life. It is exactly the reason why I left the country I loved proudly to move abroad for a better life. I now have a higher disposable income and have to pay less out because I'm not having a high national debt levied on myself as well as millions of others.

    The best part is people think these politicians are actually working in their interest when they are only interested in serving themselves and the corporate elite. Corbyn won't last two minutes without people getting behind him, a political revolution and movement (won't happen due to societal apathy) because the neoliberal agenda will do whatever it can to force him out through character assassination and then they will put in a puppet to serve their needs and the cycle of nonsense will continue, at the expense of the British populace. Also, what is funny is that so many Brits slate America for various policies yet are more than happy to back parties pushing the same agenda back home. America has always been ahead of the UK and the problems have been prevalent in their society for a long time but they have crept into British life more and more yet people fail to see it or stand up against it so quite frankly, they deserve all of what is coming their way.

    Any Conservative voter, Lib Dem or Blairite that starts crying about a recession or depression can quite frankly get lost as they have no sympathy from me, as they've been warned and warned for the best part of 2 to 3 decades now. Any turkey voting for Christmas quite frankly should not complain when the knife is stuck in by those ready to feast. The current Conservatives are anything but conservative.

    They are puppets pushing a neoliberal agenda just as Obama is a puppet doing the same thing in America. I remember Obama telling black people in America he would 'stand by his brothers' yet where is this puppet now when gang crime has escalated and these impoverished areas have gotten poorer? Nowhere to be seen. He **** on his own people, much like Blair and Cameron have done, has paraded around policies that often make people worse off yet are surrounded by smoke and mirrors telling us how we all will be better off (like we're supposed to be ****ing thankful), and then they expect us to buy into this bull**** that we're living some Western dream.

    Britain is screwed until the bubble either bursts through defaulting which will push millions into poverty and cause absolute carnage on the streets, or a party starts taking the fiscal situation seriously and makes incredibly deep cuts to the public sector to run a surplus to pay it off every year, which will also push millions into poverty. No party is going to have the balls to do this because its not going to win them votes, an election or power. Most of all, its not going to give them a big wage packet so they can serve themselves, buy second homes elsewhere and ensure their economic security needs are met whilst the rest of us are left to face the fallout. Yet idiots continue to believe the debt is being dealt with (hilarious) and that this isn't going to happen. Quite frankly, they are, just like the morons in Greece, living with their heads in the clouds afraid to face up to the truth because whilst the UK is not defaulting on its debt, the debt is increasing putting further strain on the economy and the people that make up that economy to do well, and when the next crash happens, its going to spiral out of control and millions will feel the repercussions of this poor fiscal management over the last few decades. And when that time comes, you can thank all the privileged self serving ********s in Parliament for that, and Margaret Thatcher for introducing the nonsense to the UK. The Americans can thank Reagan.
    Offline

    19
    ReputationRep:
    No, OP, you silly thing.

    Tories give us economic prosperity and growth, and prevent recessions. It's when you imbeciles vote in Labour because they bribe you with free goodies and handouts that the economy then turns to ****.
    • Thread Starter
    Offline

    21
    ReputationRep:
    (Original post by Mr JB)
    The UK is finished. None of the parties have the balls to tackle the neoliberal agenda of supporting corporates. Sadly, there's a plethora of morons in the UK who believe the current market is a free-market. Even true small-c conservatives like Daniel Hannan would laugh at such a comment. The UK is screwed because the current Conservatives, who actually peddle neoliberalism as opposed to any form of true Conservatism (just ask Peter Hitchens), are not willing to tackle the fiscal issues properly and are more than happy to just let the trend continue whilst levying more debt upon the average person, further creating wealth inequality which has a direct impact upon one's way of life. It is exactly the reason why I left the country I loved proudly to move abroad for a better life. I now have a higher disposable income and have to pay less out because I'm not having a high national debt levied on myself as well as millions of others.

    The best part is people think these politicians are actually working in their interest when they are only interested in serving themselves and the corporate elite. Corbyn won't last two minutes without people getting behind him, a political revolution and movement (won't happen due to societal apathy) because the neoliberal agenda will do whatever it can to force him out through character assassination and then they will put in a puppet to serve their needs and the cycle of nonsense will continue, at the expense of the British populace. Also, what is funny is that so many Brits slate America for various policies yet are more than happy to back parties pushing the same agenda back home. America has always been ahead of the UK and the problems have been prevalent in their society for a long time but they have crept into British life more and more yet people fail to see it or stand up against it so quite frankly, they deserve all of what is coming their way.

    Any Conservative voter, Lib Dem or Blairite that starts crying about a recession or depression can quite frankly get lost as they have no sympathy from me, as they've been warned and warned for the best part of 2 to 3 decades now. Any turkey voting for Christmas quite frankly should not complain when the knife is stuck in by those ready to feast. The current Conservatives are anything but conservative.

    They are puppets pushing a neoliberal agenda just as Obama is a puppet doing the same thing in America. I remember Obama telling black people in America he would 'stand by his brothers' yet where is this puppet now when gang crime has escalated and these impoverished areas have gotten poorer? Nowhere to be seen. He **** on his own people, much like Blair and Cameron have done, has paraded around policies that often make people worse off yet are surrounded by smoke and mirrors telling us how we all will be better off (like we're supposed to be ****ing thankful), and then they expect us to buy into this bull**** that we're living some Western dream.

    Britain is screwed until the bubble either bursts through defaulting which will push millions into poverty and cause absolute carnage on the streets, or a party starts taking the fiscal situation seriously and makes incredibly deep cuts to the public sector to run a surplus to pay it off every year, which will also push millions into poverty. No party is going to have the balls to do this because its not going to win them votes, an election or power. Most of all, its not going to give them a big wage packet so they can serve themselves, buy second homes elsewhere and ensure their economic security needs are met whilst the rest of us are left to face the fallout. Yet idiots continue to believe the debt is being dealt with (hilarious) and that this isn't going to happen. Quite frankly, they are, just like the morons in Greece, living with their heads in the clouds afraid to face up to the truth because whilst the UK is not defaulting on its debt, the debt is increasing putting further strain on the economy and the people that make up that economy to do well, and when the next crash happens, its going to spiral out of control and millions will feel the repercussions of this poor fiscal management over the last few decades. And when that time comes, you can thank all the privileged self serving ********s in Parliament for that, and Margaret Thatcher for introducing the nonsense to the UK. The Americans can thank Reagan.
    Well said, it's over. Just patiently waiting for the crash. Everyone had money on emerging markets to keep the bubble afloat but consumers have less money, rich/corporations don't want to invest, emerging markets are slowing down (rightly so for years of endless growth), banks are still gambling. Average wages are declining in real terms and consumer debt rising in order to "keep up".

    It should be fun!!!!!!!
    Offline

    2
    ReputationRep:
    (Original post by Friar Chris)
    Tories give us economic prosperity and growth, and prevent recessions. It's when you imbeciles vote in Labour because they bribe you with free goodies and handouts that the economy then turns to ****.
    Incorrect. The current Tories are anything but, they are neoliberal and have been since the days of the beloved Thatcher (sarcasm). The UK hasn't had a true socialist or conservative party since the 1970's. Back before Thatcher introduced neoliberalism to the United Kingdom, people were doing just fine and 1 in 10 were classed as poor. Now, thanks to this woman who wished to rejoice in people's inequality, roughly 1 in 4 are poor and 1 in 3 children are classed as poor. Since the late 70's everyone has been voting for neoliberalism, no difference, regardless of whether they voted for Blair's Labour or Cameron's Tories.

    Different colour but the same rubbish, which is why during the same period a lot of people have become disinterested in politics because they were voting for different flavours of the same neoliberal nonsense. Its why true socialists lost interest and why true small-c conservatives like Peter Hitchens become totally disillusioned with the current 'Conservatives'.

    If Tory policies are the answer then please explain why China is more economically (notice I said economically) prosperous than the neoliberal United States of America? Oh wait, you can't. Since Reagan introduced the same load of rubbish in the United States of America the country has seen gun crime rise, drug usage rates increase, inequality increase and more and more children are pushed into poverty each day.
    Offline

    1
    ReputationRep:
    Under a month to now FTSE 100 been down significantly in the last 6 months, i predict that in the next month or so their will be a dramatic drop maybe similar to what was seen on Black Monday or 2008, I will be happy to be proven wrong though. Even though I do want the conservatives out ASAP
    Offline

    2
    ReputationRep:
    (Original post by BigItch)
    Under a month to now FTSE 100 been down significantly in the last 6 months, i predict that in the next month or so their will be a dramatic drop maybe similar to what was seen on Black Monday or 2008, I will be happy to be proven wrong though. Even though I do want the conservatives out ASAP
    The market will crash within the next 2 years, with some even saying it will happen at the end of this year, according to experts. How long it actually takes will depend on how events unfold and how people respond.
    Offline

    1
    ReputationRep:
    I think maybe Oct-Nov if it is going to happen *taps nose
    (Original post by Mr JB)
    The market will crash within the next 2 years, with some even saying it will happen at the end of this year, according to experts. How long it actually takes will depend on how events unfold and how people respond.
    (Original post by Mr JB)
    The market will crash within the next 2 years, with some even saying it will happen at the end of this year, according to experts. How long it actually takes will depend on how events unfold and how people respond.
    Offline

    1
    ReputationRep:
    - Enormous spare capacity (many are still unemployed)
    Around 0.5% of GDP, not excessive, and means there is potential for further growth without inflation.
    - Declines in supermarket share prices due to dwindling sales (people are switching to NON branded products, never seen before)
    The effect of greater competition within the market. Good for consumers. Good for the economy.
    - Assets overblown - property prices rising as fast as 2008 even though wages are steadily declining alongside equities
    possibly true but real wages are starting to grow at around 3% again.
    - Rise of automation will drive down further any chance of a rebound
    Rise in automation is good. Greater productivity is whatb will drive the economy, not cause a recession.
    - Sub prime mortgages creeping back, enormous consumer debt globally
    Loans no-where near as easy to obtain than before crash. New lending rules prevent that. - Corporations sitting on billions of cash not investing same for the elderly
    This will eventually lead to massive investments all at once. Driving economic growth and expanding capacity.
    Offline

    1
    ReputationRep:
    (Original post by Friar Chris)
    No, OP, you silly thing.

    Tories give us economic prosperity and growth, and prevent recessions. It's when you imbeciles vote in Labour because they bribe you with free goodies and handouts that the economy then turns to ****.
    Like a recession bas never happened under the tories, even thatcher had one, and wss very close to one in 87
    • Thread Starter
    Offline

    21
    ReputationRep:
    wallmart just dropped 10% largest private enterprise in the world!
    Offline

    21
    ReputationRep:
    (Original post by Bill_Gates)
    wallmart just dropped 10% largest private enterprise in the world!
    That's because of a downgrade for next year largely. No reason to fear it too much unless your going to crap anytime a target isn't met.
    Offline

    3
    ReputationRep:
    (Original post by econ1998)
    - Enormous spare capacity (many are still unemployed)
    Around 0.5% of GDP, not excessive, and means there is potential for further growth without inflation.
    - Declines in supermarket share prices due to dwindling sales (people are switching to NON branded products, never seen before)
    The effect of greater competition within the market. Good for consumers. Good for the economy.
    - Assets overblown - property prices rising as fast as 2008 even though wages are steadily declining alongside equities
    possibly true but real wages are starting to grow at around 3% again.
    - Rise of automation will drive down further any chance of a rebound
    Rise in automation is good. Greater productivity is whatb will drive the economy, not cause a recession.
    - Sub prime mortgages creeping back, enormous consumer debt globally
    Loans no-where near as easy to obtain than before crash. New lending rules prevent that. - Corporations sitting on billions of cash not investing same for the elderly
    This will eventually lead to massive investments all at once. Driving economic growth and expanding capacity.
    I'm confused about your comment about automation being a driving factor for a recession. Could you explain please.
    Online

    21
    ReputationRep:
    Automation will never be a driving factor for a recession as when it becomes problematic countries around the world will set corporation tax rates at the same level otherwise there would be far less tax revenue.

    In the short term automation has shown to be a boost to gdp


    Posted from TSR Mobile
    Offline

    15
    ReputationRep:
    the economy is in a mess and the balance of payments is getting worse, as it does when you go for austerity politics. We have more people in the country than it can support.

    My advice to my kid - leave.
    Offline

    2
    ReputationRep:
    Britain is the fastest growing g7 economy. How can u say the economy is in a mess? Countries are now copying us. Unemployment down. Jobs up. Yes it hasn't been all good and I would agree some cuts are too severe but you still cannot say the economy is in a mess


    Posted from TSR Mobile
    Offline

    20
    ReputationRep:
    (Original post by parentlurker)
    My advice to my kid - leave.
    To where?
    Offline

    0
    ReputationRep:
    Just vote Tory fools!


    Posted from TSR Mobile
    Offline

    2
    ReputationRep:
    (Original post by Mr.T.)
    Just vote Tory fools!


    Posted from TSR Mobile
    Great idea


    Posted from TSR Mobile
    Offline

    15
    ReputationRep:
    (Original post by Mr.T.)
    Just vote Tory fools!


    Posted from TSR Mobile
    I'm not going to vote for Tory fools and there are no other sort of Tories.
 
 
 
Poll
How are you feeling in the run-up to Results Day 2018?
Useful resources

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.