Don’t listen to the doom-mongers – the future is bright With volatile markets, raging inflation and industrial unrest, it may feel like things are bad and likely to get worse. But the end of the world is not nigh, says Max King – things are looking up. Here’s why.
15 comments
Yeah, carry on working hard for this pathetic currency thats losing value by the day…
Don’t worry, the rich had a nice summer guys, all is well.
> In 1976, James Callaghan, the newly-appointed prime minister, addressed the Labour Party Conference with the following; “we used to think that you could spend our way out of recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists and in so far as it did exist, it only worked on each occasion by injecting a bigger dose of inflation into the economy followed by a higher level of unemployment as the next step.”
>That speech marked a turning point, when the government stopped claiming it could protect the population from the global economic cycle. Perhaps, 50 years on, a new prime minister will again quash the statist conceit. Ignore the predictions of “a summer of discontent,” now morphed into an autumn or winter of discontent. The end of the world is not nigh.
So in conclusion, the state won’t help you in a recession, got it
Sometimes reality is indeed stranger than fiction. About 90% of this thing reads like satire but apparently it is meant to be taken straight
Do the 0.01% *really* believe this shit?
Holy Fuck is the whole piece full of delusions that tries to spin everything to a positive with 0 sources and twisting headlines with no actual economic analysis.
“The weather in most of the UK has been the best for nearly 50 years, social life has not just recovered but is making up for lost time, and there has never been such a profusion of entertainment on offer.”
“Here on the Suffolk coast, the beautiful, sandy beach at Sizewell is almost empty. The sea has never been warmer or as inviting, yet the air temperature is made pleasant by a cool sea breeze. The strawberries have never tasted better and the hedgerows are loaded with free fruit. Anglian Water has no plans to restrict water use, so even gardeners and farmers are happy.”
“Household energy usage has crashed, allowing us all to build up sizable credits to carry us through the winter months.”
“The rail strike, we are told, has “brought the country to a halt” but so few people rely on railways nowadays that if it weren’t for the media coverage, few would have noticed. Naturally, workers want to protect their living standards but most of the disputes have been resolved away from the glare of publicity.”
i was convinced it was satire and guffawed a few times but reading the comments now i’m not sure…
I think there’s a typo in the headline, I think his first name in Wang.
Edit: It’s rumoured that he uses Wayne as a first name as well.
Summary – things are now marginally better than in the middle of a major global pandemic.
“My house has burnt down, but at least my car is alright”
“Dont worry there might be an 50km long asteroid about to hit the planet; entire countries on fire due to global warming and our land under water from flooding but we are all still fine and everything well be fine. Just think of the new fresh opportunities to invest in after”
How the fuck are volatile markets, raging inflation and industrial unrest supposed to help ordinary people and not just businessmen and stock marketers?
Fuck off with this accelerationist bullshit, this really is what Brexit was all about isn’t it, creating and then profiteering from exploitative markets.
Is it just me or are there are always articles like this right before a major economic meltdown?
*”We know all the indicators look bad, but this time it’s different!”*
Well he’s a regular fucking Pollyanna and no mistake, my first choice as the chap to break the news of terminal cancer and all the upsides to it.
Never heard of drought being a positive before
Oh they’ll hate this so much here they’ll be literally shaking.
I read Money Week every now and again. Some useful investment ideas but kind of have to hold my nose. They were pro Brexit, the back page is written by some right wing libertarian and Max King is an idiot.
He wrote an article basically saying Cornwall wasn’t really poor because they had such a great entrepreneureal spirit after he’d seen a couple roadside stalls.