Between the corruption, bad policy, and the Town and County Planning Act… hardly a shocker
Isn’t an economist a type of expert?
Didn’t that nice man from the government tell us; we were tired of experts.
/s
Our problems are easier to fix than Russia though.
We could start the process by keeping our treaties and agreements.
We could continue by negotiating in good faith
Things would get even better if we followed international laws on everything from money laundering to refugees.
No. We have a conservative government and I can’t see any of that happening for a while!
Didn’t we just avoid recession thanks to people spending more over the world cup. Grew by 0.1% I believe.
Not saying Recession won’t hit hard in the future but ain’t it positive news?
The reason were in this mess is from 12 years of tory incompetency. Dont forget the disaster that is brexit.
For millions of the poorest in Britain the recession started by the tories in 2010. And we’re still paying in lives, opportunities and health.
Yet public sector workers are being threatened with being fired for wanting pay rises in line with inflation and everyone has been told that pay rises across the board will result in uncontrolled inflation. If people cannot afford the essentials or save money, what happens to the economy? It’s the same when the government inevitably decides to implement widespread austerity again. We all saw what happened in 2010 and it is why living standards are still not back at pre-global financial crisis levels. The only reason a recession will be deep and long is because the government refuses to spend its way out of it, allowing everything to stagnate or shrink under the guise of sensible fiscal policy. All it will do is make the rich even richer.
The Russian recession started in November with a contraction of around 4%, nice of them to conveniently miss that out.
But our economy grew by 0.1% because of beer sold during the World Cup which means we will avoid recession.
We just need to keep drinking
I thought the Tories were meant to be good with money and fiscal policy? Fuck the Tories
Self fulfilling prophecy if we all keep willing it to happen.
Not read it, but I’m sure it has something to do with Capital Economics and that lefty witch Merryn Somerset Webb.
Look, I’m young, a student and have a part time job. I’ve noticed rises in costs but on the most part have been pretty good.
This talk of a recession has been pending for a long time, my understanding is that it was staved off by the government.
What am I actually expecting to change and what precautions should I be making?
Goldman Sachs are really good at predictions.
At the end of 2021 they said:-
Expect a Slowing Economy and Booming Stock Market, Says Goldman Sachs …
And the reality:-
Goodbye 2022 – and good riddance. Markets close out their worst year since 2008
Went to bluewater today, never seen it so busy. Plenty of people have plenty of money to spend
And today it was announced the UK economy saw ‘surprising’ growth, those analysts must be annoyed as I bet they’ve bet against the pound.
What happened to rebounding like a coiled spring, and sunlit uplands?
Economists couldn’t predict their way out of a paper bag, but they take the money, honey, as a consultant fee.
Russia was placed under economic sanctions. The UK placed itself under economic sanctions when the Conservative government decided to pursue a policy of “Brexit at any cost”.
I don’t want to be that person but Russia’s economy is doing rather well at the moment.
Bull. shit.
Maybe it’s possible to look at the figures in a way that shows a similar contraction in 2023, but only if you treat them as meaningless numbers.
The Russian economy collapsed in 2022 after the invasion. The fact that it’s still falling this year is impressive, you’d think there would be some bounce back as industries adjusted to sanctions. There are still entire industries which have no future in Russia.
The UK is facing a shallow recession as it adjusts to increased input prices.
We’re on two completely different paths.
We aren’t in recession, we are part of a nationwide government approved robbery. They could stop the profiteering tomorrow but they just don’t want to.
It make sense as both countries are under sanctions.
Russia is sanctioned for invading Ukraine and UK sanctioned itself with brexit.
But not as much as Russian TV claims.
Are we at the eating pets stage yet?
Look on the bright side, at least we achieved this remarkable performance through democratic means instead of starting a war.
Yay for us!
Well done, leavers and Tory voters – this is entirely on you and your bad decisions.
Perhaps you ought to be made to compensate the rest of the population for your fuckwittery.
All those ‘economists’. I remember them they’re always correct.
This seems only fair, as the Conservative aParty are bank rolled by Russia and are presently in power
That what happens when you leave the EU. Super rich are stock piling as much money as they can get their hands on. When it hits buy everything up
Whenever was he last time an expert predicted economic growth correctly?
30 comments
Between the corruption, bad policy, and the Town and County Planning Act… hardly a shocker
Isn’t an economist a type of expert?
Didn’t that nice man from the government tell us; we were tired of experts.
/s
Our problems are easier to fix than Russia though.
We could start the process by keeping our treaties and agreements.
We could continue by negotiating in good faith
Things would get even better if we followed international laws on everything from money laundering to refugees.
No. We have a conservative government and I can’t see any of that happening for a while!
Didn’t we just avoid recession thanks to people spending more over the world cup. Grew by 0.1% I believe.
Not saying Recession won’t hit hard in the future but ain’t it positive news?
The reason were in this mess is from 12 years of tory incompetency. Dont forget the disaster that is brexit.
For millions of the poorest in Britain the recession started by the tories in 2010. And we’re still paying in lives, opportunities and health.
Yet public sector workers are being threatened with being fired for wanting pay rises in line with inflation and everyone has been told that pay rises across the board will result in uncontrolled inflation. If people cannot afford the essentials or save money, what happens to the economy? It’s the same when the government inevitably decides to implement widespread austerity again. We all saw what happened in 2010 and it is why living standards are still not back at pre-global financial crisis levels. The only reason a recession will be deep and long is because the government refuses to spend its way out of it, allowing everything to stagnate or shrink under the guise of sensible fiscal policy. All it will do is make the rich even richer.
The Russian recession started in November with a contraction of around 4%, nice of them to conveniently miss that out.
But our economy grew by 0.1% because of beer sold during the World Cup which means we will avoid recession.
We just need to keep drinking
I thought the Tories were meant to be good with money and fiscal policy? Fuck the Tories
Self fulfilling prophecy if we all keep willing it to happen.
Not read it, but I’m sure it has something to do with Capital Economics and that lefty witch Merryn Somerset Webb.
Look, I’m young, a student and have a part time job. I’ve noticed rises in costs but on the most part have been pretty good.
This talk of a recession has been pending for a long time, my understanding is that it was staved off by the government.
What am I actually expecting to change and what precautions should I be making?
Goldman Sachs are really good at predictions.
At the end of 2021 they said:-
Expect a Slowing Economy and Booming Stock Market, Says Goldman Sachs …
And the reality:-
Goodbye 2022 – and good riddance. Markets close out their worst year since 2008
https://observer.com/2021/12/goldman-sachs-cuts-us-economy-growth-2022/
https://www.cnn.com/2022/12/30/investing/dow-stock-market-2022/index.html
Went to bluewater today, never seen it so busy. Plenty of people have plenty of money to spend
And today it was announced the UK economy saw ‘surprising’ growth, those analysts must be annoyed as I bet they’ve bet against the pound.
What happened to rebounding like a coiled spring, and sunlit uplands?
Economists couldn’t predict their way out of a paper bag, but they take the money, honey, as a consultant fee.
Russia was placed under economic sanctions. The UK placed itself under economic sanctions when the Conservative government decided to pursue a policy of “Brexit at any cost”.
I don’t want to be that person but Russia’s economy is doing rather well at the moment.
Bull. shit.
Maybe it’s possible to look at the figures in a way that shows a similar contraction in 2023, but only if you treat them as meaningless numbers.
The Russian economy collapsed in 2022 after the invasion. The fact that it’s still falling this year is impressive, you’d think there would be some bounce back as industries adjusted to sanctions. There are still entire industries which have no future in Russia.
The UK is facing a shallow recession as it adjusts to increased input prices.
We’re on two completely different paths.
We aren’t in recession, we are part of a nationwide government approved robbery. They could stop the profiteering tomorrow but they just don’t want to.
It make sense as both countries are under sanctions.
Russia is sanctioned for invading Ukraine and UK sanctioned itself with brexit.
But not as much as Russian TV claims.
Are we at the eating pets stage yet?
Look on the bright side, at least we achieved this remarkable performance through democratic means instead of starting a war.
Yay for us!
Well done, leavers and Tory voters – this is entirely on you and your bad decisions.
Perhaps you ought to be made to compensate the rest of the population for your fuckwittery.
All those ‘economists’. I remember them they’re always correct.
This seems only fair, as the Conservative aParty are bank rolled by Russia and are presently in power
That what happens when you leave the EU. Super rich are stock piling as much money as they can get their hands on. When it hits buy everything up
Whenever was he last time an expert predicted economic growth correctly?