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UK slipping into recession "like old man lowering himself into a bath"

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    UK slipping into recession "like old man lowering himself into a bath"

    Brexit is easing the UK into recession like an old man lowering himself into a hot bath - Business Insider

    This analysis also relevant:

    http://uk.businessinsider.com/ubs-br...economy-2017-6
    Hard Brexit now!
    #prayfornodeal

    #2
    An apt description given the demographics of the leave vote
    I'm alright Jack

    Comment


      #3
      As in any recession the money must go somewhere. That somewhere is in the pockets of the very wealthy who get wealthier. There is a hard minority of businesses who will profit from Brexit; dodgy multinationals and UK business who want to drive down workers' rights. However, the vast majority of Brexiters are just too stupid to see through the pro Brexit MPs agenda.
      "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

      Comment


        #4
        Originally posted by Paddy View Post
        As in any recession the money must go somewhere. That somewhere is in the pockets of the very wealthy who get wealthier. There is a hard minority of businesses who will profit from Brexit; dodgy multinationals and UK business who want to drive down workers' rights. However, the vast majority of Brexiters are just too stupid to see through the pro Brexit MPs agenda.
        Load of bollox. Typical remainer too stupid and negative to see the opportunities.

        Comment


          #5
          Originally posted by woohoo View Post
          Load of bollox. Typical remainer too stupid and negative to see the opportunities.
          What opportunities? Join your mate like Viscount St Davids,

          Brexit legal challenger Gina Miller felt 'violated' when Viscount offered bounty to anyone who would run her over | The Independent

          Gina Miller has told a court she felt “violated” when an aristocrat wrote a Facebook post offering a bounty to anyone who would run her over and referred to her as a "bloody troublesome immigrant".

          Rhodri Colwyn Philipps, the 4th Viscount St Davids, is standing trial charged with three counts of making malicious communications for the messages he sent after Ms Miller won a Brexit legal challenge against the Government last November.

          Lord St Davids, 50, of Knightsbridge, told Westminster Magistrates’ Court the posts were not “menacing” in nature.
          He wrote on the social media site on 7 November 2016: “£5,000 for the first person to 'accidentally' run over this bloody troublesome first generation immigrant."

          He then described Ms Miller as a "boat jumper" and added: "If this is what we should expect from immigrants, send them back to their stinking jungles."
          "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

          Comment


            #6
            Originally posted by woohoo View Post
            Load of bollox. Typical remainer too stupid and negative to see the opportunities.
            I think most remainers would be happy with Brexit if it led to a better outcome than what we have now.
            Please enlighten us about the opportunities.
            I've been waiting for over a year for someone to explain logically and clearly how we thrive after Brexit, as opposed to spouting meaningless soundbites.
            Hard Brexit now!
            #prayfornodeal

            Comment


              #7
              Originally posted by sasguru View Post
              I think most remainers would be happy with Brexit if it led to a better outcome than what we have now.
              Please enlighten us about the opportunities.
              I've been waiting for over a year for someone to explain logically and clearly how we thrive after Brexit, as opposed to spouting meaningless soundbites.
              I am not pro-brexit but don't you think that you are being a bit short termist in your thinking?

              If you look at a 10-20 year horizon there are many scenarios where Britain could be independent and thriving in the longer term. A lot of people voted for their children and grandchildrens futures, not their own.

              It's likely that the UK will see a recession as business adjusts to the new world and recalibrates. But after that why can't there be more growth than recently? One scenario is that the UK drops corporation tax to attract global financial services back in to London. When tethered to a large trading block you will get returns proportional to that blocks average economic power. Once untethered you can optimise your levers to work to your strengths unconstrained.

              The government could start by adding some funding to cheap loans for tech startups. Turn the UK into a startup hub. Tie that into the top end universities so that we get the top brains coming out actively looking to build startups instead of going into corporates - because there are low risk financial incentives. Those startups could yield big returns in the long run. Currently tech startups go to silicon valley if they think they stand a chance of making it big. Government could work to change that.

              Comment


                #8
                My new hero! Someone with the bottle to speak out stridently, regardless of all this PC bollox!

                She did have a bloody cheek trying to interfere with the British democratic process (no doubt on behalf of shadowy characters bankrolling her behind the scenes).
                Work in the public sector? Read the IR35 FAQ here

                Comment


                  #9
                  Originally posted by someone with no understanding of the British democratic process
                  She did have a bloody cheek trying to interfere with the British democratic process (no doubt on behalf of shadowy characters bankrolling her behind the scenes).


                  Calling for the maiming or killing of an individual is not something that's only been criminal since PC bollox came in.
                  Down with racism. Long live miscegenation!

                  Comment


                    #10
                    Originally posted by Fronttoback View Post
                    I am not pro-brexit but don't you think that you are being a bit short termist in your thinking?

                    If you look at a 10-20 year horizon there are many scenarios where Britain could be independent and thriving in the longer term. A lot of people voted for their children and grandchildrens futures, not their own.

                    It's likely that the UK will see a recession as business adjusts to the new world and recalibrates. But after that why can't there be more growth than recently? One scenario is that the UK drops corporation tax to attract global financial services back in to London. When tethered to a large trading block you will get returns proportional to that blocks average economic power. Once untethered you can optimise your levers to work to your strengths unconstrained.

                    The government could start by adding some funding to cheap loans for tech startups. Turn the UK into a startup hub. Tie that into the top end universities so that we get the top brains coming out actively looking to build startups instead of going into corporates - because there are low risk financial incentives. Those startups could yield big returns in the long run. Currently tech startups go to silicon valley if they think they stand a chance of making it big. Government could work to change that.
                    This is all ad-hoc speculation with no facts or figures to back it up, meaningless.

                    Comment

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