Brexit related recession?
Discussion
MarshPhantom said:
All over the news yesterday about consumer spending having nosedived since the start of year due to rampant inflation (more expensive imports).
Project fear?
You can't blame Labour for this one.
Did all Labour voters vote to Remain?Project fear?
You can't blame Labour for this one.
Can we blame the last recession on Labour? I remember Gordon ending boom and bust, but its been a bit of a blur since then.
///ajd said:
This is the graph backing up the story in the FT.
Prices falling for ages, them slow turn around to increases matching the forex slump with the referendum.
Too early to say if the dip will become a trend.
May be one reason May wants to rush the election now.
So 'store prices' are still lower than they were between 2011 and 2014?Prices falling for ages, them slow turn around to increases matching the forex slump with the referendum.
Too early to say if the dip will become a trend.
May be one reason May wants to rush the election now.
PH XKR said:
If retards offends you, switch the word to remainers, it means exactly the same thing.
DELETED: Comment made by a member who's account has been deleted.This place is fked, the client I am working for is propped up by daily ECB handouts, as are most other financial services over here, the client just shoved 15m to bring in contractors after being told by ECB to ditch perm staff. The work is boring, it is against my work ethic to just milk a client but for once I'm pulling on these teets until the cows run dry.
PH XKR said:
Why roll your eyes for me working in Belgium?
This place is fked, the client I am working for is propped up by daily ECB handouts, as are most other financial services over here, the client just shoved 15m to bring in contractors after being told by ECB to ditch perm staff. The work is boring, it is against my work ethic to just milk a client but for once I'm pulling on these teets until the cows run dry.
DELETED: Comment made by a member who's account has been deleted. This place is fked, the client I am working for is propped up by daily ECB handouts, as are most other financial services over here, the client just shoved 15m to bring in contractors after being told by ECB to ditch perm staff. The work is boring, it is against my work ethic to just milk a client but for once I'm pulling on these teets until the cows run dry.
As for milking, it isn't really my thing but lets face it, the EU has done exactly that to the UK for decades.
A Brexit-related recession has been on the cards since day one of the Brexit result. This is not breaking news.
The only serious future scenario would be a combination of Brexit and a Left-wing government taxing the "rich" people. Those "rich" people will then have less disposable income to spend on goods and services, thus causing further harm to the economy.
The only serious future scenario would be a combination of Brexit and a Left-wing government taxing the "rich" people. Those "rich" people will then have less disposable income to spend on goods and services, thus causing further harm to the economy.
Things are defo slowing down. Whether that is part of the normal economic cycle or Brexit worries is up for debate. But, either way, prices are rising sharply (due to the weak Pound) and people are starting to think twice about spending. Was in Lidl yesterday and noticed a number of regular items, like cheese, have jumped around +10% in the past month. Made me think more consciously about costs during the shop and probably spent slightly less as a result.
PH XKR said:
Why roll your eyes for me working in Belgium?
This place is fked, the client I am working for is propped up by daily ECB handouts, as are most other financial services over here, the client just shoved 15m to bring in contractors after being told by ECB to ditch perm staff. The work is boring, it is against my work ethic to just milk a client but for once I'm pulling on these teets until the cows run dry.
What on earth did you do to deserve being sentenced to work in Belgium? I used to work for a Belgium company, boring bloody place! But I sure hope those teets keep on giving.This place is fked, the client I am working for is propped up by daily ECB handouts, as are most other financial services over here, the client just shoved 15m to bring in contractors after being told by ECB to ditch perm staff. The work is boring, it is against my work ethic to just milk a client but for once I'm pulling on these teets until the cows run dry.
Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff