Britain stuck with high inflation, meagre growth.. Britain stuck with high inflation, meagre growth..
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  1. #1

    Bazzalike

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    Default Britain stuck with high inflation, meagre growth..

    This is the top headline on Google news.

    Ok then, what's the solution.... How do we get out of this tulipty situation.

    Armchair economists please step forward with your answers.

    I'm bored of the recession now.
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  2. #2

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    The problem is high debt. Which causes meagre growth. We get out of it via inflation.

    I now await sas to come along and call me a cretin......
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  3. #3

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    We need to tighten our belts, luxuries such as second class travel will become a thing of the past.
    I'm alright Jack

  4. #4

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    Low taxes for those who actually pay them.

    Labour camps for those who don't*.

    * except pensioners, disabled and children.

  5. #5

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    Quote Originally Posted by BrilloPad View Post
    The problem is high debt. Which causes meagre growth. We get out of it via inflation.

    I now await sas to come along and call me a cretin......
    Nop. The same amount of money is in the world economy as before the recession.

    The problem at the moment is with:-

    The banks

    The monopoly of multinational companies controlling resources.

    Multinational companies fiddling taxes

    Jobs being off-shored.


    The recession will go on at leaset another ten years if the government fails to take appropriate action.

    Austerity measures never got any country out of recession.
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  6. #6

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    Quote Originally Posted by Paddy View Post
    Nop. The same amount of money is in the world economy as before the recession.
    The total amount of money is growing slowly but prices on almost everything grow much quicker.

  7. #7

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    Quote Originally Posted by Paddy View Post
    Jobs being off-shored.
    For most of the last 1000 years East and West have had similar living standards. Its only been the last 200 years they diverged.

    At some point they will equalize. And its good to end world poverty?
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    Quote Originally Posted by BrilloPad View Post
    At some point they will equalize. And its good to end world poverty?
    It's a lot cheaper to make everybody poor...

  9. #9

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    First thing we need to do is regain control of our borders which means leaving the EU amongst other things.
    ...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...

  10. #10

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    Quote Originally Posted by Paddy View Post
    Nop. The same amount of money is in the world economy as before the recession.

    The problem at the moment is with:-

    The banks
    The monopoly of multinational companies controlling resources.
    Multinational companies fiddling taxes
    all utter bollocks, but do go on believing what you want to believe.

    Jobs being off-shored.
    Nearer the mark - You can sum up the problem (for us) in one word, with 1001 manifestations, globalization.

    The recession will go on at leaset another ten years if the government fails to take appropriate action.

    Austerity measures never got any country out of recession.
    If you're on a canal boat in a lock and someone opens a giant sluice gate into a second lock, much larger and with a much lower water level, the "appropriate action" is to hold on tight and realise you can do f*** all else until the water levels equalize.
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