Seems borrowing to spend is all we have left now.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
"Alice in Wongaland" economy?
Collapse
X
-
-
Originally posted by BrilloPad View PostSeems borrowing to spend is all we have left now.What happens in General, stays in General.You know what they say about assumptions! -
Isn't it the perfect economy?
No need for productive industry, just print money to buy your own debt, whilst we all sell our houses to each other at higher and higher prices and spend the "profits" on luxury goods.
It must be very annoying to the Germans to see us so wealthy in our mega expensive homes whilst they slave over the next Porsche or Audi in a factory somewhere....Comment
-
Originally posted by DimPrawn View PostIsn't it the perfect economy?
No need for productive industry, just print money to buy your own debt, whilst we all sell our houses to each other at higher and higher prices and spend the "profits" on luxury goods.
It must be very annoying to the Germans to see us so wealthy in our mega expensive homes whilst they slave over the next Porsche or Audi in a factory somewhere....Comment
-
It's all about to burst and the government are scrambling to do anything in their power to stop it. Do you think it was a coincidence that nearly all newspapers and channels did stories about how strong the economy was yesterday?
I think the government are getting ready to pull the plug on government backed subprime (HomeBuy) and are ramping up some momentum in the housing market before.Comment
-
We have the wrong sort of recovery - its unsustainable. But as long as it keeps going until after the next election then DC will be happy.
However will be tough for him as I think 2014 will be bad for Eurozone. But then I said that about 2012.Comment
-
It's all very well, but inherently wrong. And we know it.
The £ will succumb to even greater pressure, with the UK eventually sleep walking into joining the euro. Savers will move what little wealth they have away, increasing strain on lending for new business.
Failed short term policy making, we may as well go to Vegas and spend the money there, we'd get a better return."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Originally posted by scooterscot View PostIt's all very well, but inherently wrong. And we know it.
The £ will succumb to even greater pressure, with the UK eventually sleep walking into joining the euro. Savers will move what little wealth they have away, increasing strain on lending for new business.
Failed short term policy making, we may as well go to Vegas and spend the money there, we'd get a better return.Comment
-
You lot are making the usual limited IT geek conclusions: conflating your personal circumstances and assuming the whole country is like you.
There are plenty of businesses, large and small, that are adding value and improving the balance of payments by exporting goods and/or services abroad.
I am one.
HTHHard Brexit now!
#prayfornodealComment
-
Originally posted by sasguru View PostThere are plenty of businesses, large and small, that are adding value and improving the balance of payments by exporting goods and/or services abroad.
I am one.
HTH"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment