Brexit related recession?

Author
Discussion

HoHoHo

14,987 posts

250 months

Saturday 22nd April 2017
quotequote all
PH XKR said:
Everything is spun in such a way, it drives down consumer confidence when the retards keep bleating terms like "nosedive", "crash" etc

If retards offends you, switch the word to remainers, it means exactly the same thing.
Therefore playing devils advocate the same could be said of those who voted out yes

It's all about freedom of choice and not necessarily liking those who voted in to the mentally ill just because you disagree. Personally I find it offensive and it suggests a lot about you Sir.

AC43

11,486 posts

208 months

Saturday 22nd April 2017
quotequote all
In other new the Tories have effectively announced tax increases after the election.

What on earth could possibly have brought that on?

Still, presumably the quitters will be stumping up on that one.

Don't fancy paying it myself, especially when the economy was doing so well previously.

johnxjsc1985

15,948 posts

164 months

Saturday 22nd April 2017
quotequote all
AC43 said:
In other new the Tories have effectively announced tax increases after the election.

What on earth could possibly have brought that on?

Still, presumably the quitters will be stumping up on that one.

Don't fancy paying it myself, especially when the economy was doing so well previously.
So they haven't announced anything yet then.

Tryke3

1,609 posts

94 months

Saturday 22nd April 2017
quotequote all
johnxjsc1985 said:
AC43 said:
In other new the Tories have effectively announced tax increases after the election.

What on earth could possibly have brought that on?

Still, presumably the quitters will be stumping up on that one.

Don't fancy paying it myself, especially when the economy was doing so well previously.
So they haven't announced anything yet then.
Nope just getting the feelers out, they don't want to do anything too unpopular

loafer123

15,440 posts

215 months

Saturday 22nd April 2017
quotequote all

It is worth stating that consumer spending is not lower.

Prices are higher, retail volumes are lower, consumer spending is static.

Mr GrimNasty

8,172 posts

170 months

Saturday 22nd April 2017
quotequote all
Of course it won't have occurred to the doom mongers that the Brexit vote result aftermath may have actually delayed the inevitable problems that were coming anyway, and may mean that they won't be as bad as they would have been anyway!

AC43

11,486 posts

208 months

Saturday 22nd April 2017
quotequote all
Mr GrimNasty said:
Of course it won't have occurred to the doom mongers that the Brexit vote result aftermath may have actually delayed the inevitable problems that were coming anyway, and may mean that they won't be as bad as they would have been anyway!
Dream on fellah

johnxjsc1985

15,948 posts

164 months

Saturday 22nd April 2017
quotequote all
Tryke3 said:
Nope just getting the feelers out, they don't want to do anything too unpopular
This was Blair's favourite method of making up policies leak it out in the press and see how popular or unpopular it was and take it from there.

John145

2,447 posts

156 months

Saturday 22nd April 2017
quotequote all
AC43 said:
In other new the Tories have effectively announced tax increases after the election.

What on earth could possibly have brought that on?

Still, presumably the quitters will be stumping up on that one.

Don't fancy paying it myself, especially when the economy was doing so well previously.
I voted to leave on the promise of tax rises, recession and austerity. I'm disappointed these haven't been fulfilled yet.

We leave voters typically expected a rough 2-5 years with the outlook beyond better. That was my basic understanding of the economics and hardened my leave vote.

However the reason I voted leave was because the EU is not a democratic institution in my eyes and I also believe governance is better closer to the people. (Eg mayors)

Quite frankly the gbp:eur rate had been stagnant for the past few years (yes today it's 1.2ish to the pound, quell surprise).

Both the eur and gbp have devalued against the dollar however.

Prices have gone up, consumer spending has gone up marginally.

Compared to the fear campaign propagated, I feel as though leaving the eu is a far easier ride than feared.

So overall, we are doing fine.

When remainders realise there is more to life than a marginally better short term economy they'll start to understand the leave vote.

PH XKR

1,761 posts

102 months

Saturday 22nd April 2017
quotequote all
HoHoHo said:
PH XKR said:
Everything is spun in such a way, it drives down consumer confidence when the retards keep bleating terms like "nosedive", "crash" etc

If retards offends you, switch the word to remainers, it means exactly the same thing.
Therefore playing devils advocate the same could be said of those who voted out yes

It's all about freedom of choice and not necessarily liking those who voted in to the mentally ill just because you disagree. Personally I find it offensive and it suggests a lot about you Sir.
I have zero issue with folk that wanted to remain, but the constant uptalking of any sniff of negative trends may have the effect of making them come true. Its all a bit "sky falling in" for many of the vocal remainers.

dandarez

13,282 posts

283 months

Sunday 23rd April 2017
quotequote all
Yipper said:
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.
When you shop you need to do so with your eyes open, it really isn't hard. Food prices are rising only for the gullible. You say you were in Lidl and concerned at cheese prices? That's hilarious! We popped in there today (with good reason) among shopping at other supermarkets (most of them, because we have 'most of them' here!

Anyway, back to the cheese. We like mature cheddar. What would you say a 'good' price was for say 350g of mature... just under 4 quid?

That's probably why the misses picked up 4 packs of this - that's 3.320 kilos if you can't work it out in your head for £7.96 (ie just 1.99 for 850g!).

Were we chancing it, you know, is it any good? No. We bought 4 packs 2 months back when it was on similar offer! It's very nice. Just doesn't have a brand name, you wanna pay 3 or 4 times the price for a 'name', you're welcome.

https://www.lidl.co.uk/en/Non-Food-Offers.htm?arti...

Prices eh?
Oh, and coming out of Sainsbury's later on I got a Nectar voucher giving me 8p off a litre of fuel! tongue out

It really is hard the cost of living today. Try not to shop blind and bargains are all around. It's called competition, supermarkets have no choice.

steveatesh

4,899 posts

164 months

Sunday 23rd April 2017
quotequote all
I thought this might be appropriate for this thread:

http://uk.businessinsider.com/british-economy-head...


powerstroke

10,283 posts

160 months

Sunday 23rd April 2017
quotequote all
PH XKR said:
The EU is nothing more than a cabal for corrupt politicians, protectionism and hidden finances.
DELETED: Comment made by a member who's account has been deleted.
Yes they are, so you would agree it's good to be paying for one less tier ....




powerstroke

10,283 posts

160 months

Sunday 23rd April 2017
quotequote all
AC43 said:
In other new the Tories have effectively announced tax increases after the election.

What on earth could possibly have brought that on?

Still, presumably the quitters will be stumping up on that one.

Don't fancy paying it myself, especially when the economy was doing so well previously.
maybe they were countering labour's assertion that the tories were planing a wild west style
tax haven post Brexit...

PurpleMoonlight

22,362 posts

157 months

Sunday 23rd April 2017
quotequote all
powerstroke said:
maybe they were countering labour's assertion that the tories were planing a wild west style
tax haven post Brexit...
On the whole, tax havens appear to be prosperous place to be.

PRTVR

7,102 posts

221 months

Sunday 23rd April 2017
quotequote all
John145 said:
AC43 said:
In other new the Tories have effectively announced tax increases after the election.

What on earth could possibly have brought that on?

Still, presumably the quitters will be stumping up on that one.

Don't fancy paying it myself, especially when the economy was doing so well previously.
I voted to leave on the promise of tax rises, recession and austerity. I'm disappointed these haven't been fulfilled yet.

We leave voters typically expected a rough 2-5 years with the outlook beyond better. That was my basic understanding of the economics and hardened my leave vote.

However the reason I voted leave was because the EU is not a democratic institution in my eyes and I also believe governance is better closer to the people. (Eg mayors)

Quite frankly the gbp:eur rate had been stagnant for the past few years (yes today it's 1.2ish to the pound, quell surprise).

Both the eur and gbp have devalued against the dollar however.

Prices have gone up, consumer spending has gone up marginally.

Compared to the fear campaign propagated, I feel as though leaving the eu is a far easier ride than feared.

So overall, we are doing fine.

When remainders realise there is more to life than a marginally better short term economy they'll start to understand the leave vote.
Totally agree, Britain is heading into a unknown area,
why make promises you may not be able to keep,
listening to the BBC you would think TM had said there will be tax rises rather than it may be necessary if required,
some papers are talking of a reduced lead in the polls for the conservatives due to imaginary tax rises,
I think I might vote for the conservatives for the first time in my life,should be an interesting election.

anonymous-user

54 months

Sunday 23rd April 2017
quotequote all
Mr GrimNasty said:
Of course it won't have occurred to the doom mongers that the Brexit vote result aftermath may have actually delayed the inevitable problems that were coming anyway, and may mean that they won't be as bad as they would have been anyway!
I expect Boris & co will be spouting similar nonsense when their actions start to hurt their beloved Brexiteers (I guess it will all be those nasty Eoropeans fault somehow)

hman

7,487 posts

194 months

Sunday 23rd April 2017
quotequote all
Put a sock in it will you.

gruffalo

7,521 posts

226 months

Sunday 23rd April 2017
quotequote all
powerstroke said:
AC43 said:
In other new the Tories have effectively announced tax increases after the election.

What on earth could possibly have brought that on?

Still, presumably the quitters will be stumping up on that one.

Don't fancy paying it myself, especially when the economy was doing so well previously.
maybe they were countering labour's assertion that the tories were planing a wild west style
tax haven post Brexit...
They have not announced tax rises after the election, the have however said that they need options so they can react to any changes in the economy and so don't want to be hamstrung by a manifesto pledge that would be irresponsible in light of the changes that are afoot in regards to the UK.

nadger

1,411 posts

140 months

Sunday 23rd April 2017
quotequote all
PH XKR said:
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.
Stop being a "remainer" for a second. I love Europe, I despise the EU. The EU is nothing more than a cabal for corrupt politicians, protectionism and hidden finances. One can love Europe but not believe in the EU, just like you can have a gay friend even if you personally don't want to play hide the sausage.

As for milking, it isn't really my thing but lets face it, the EU has done exactly that to the UK for decades.
Of course, Britain hasn't benefitted from being part of the EU at all either!