Guest KingCharles1st Posted August 18, 2009 Share Posted August 18, 2009 (edited) An awful lot of confusing data, predictions and scenarios been posted up on here over the last few days. Some people making 700 quid a month for doing nothing while others are losing their jobs- every self employed I personally speak to is in dire straights and really fear for their companies future etc etc. I can no longer make any sense of it. The concept of MANAGEMENT appears to be an extremely loose one in this current Labour session. Edited August 18, 2009 by KingCharles1st Quote Link to comment Share on other sites More sharing options...
Guest UK Debt Slave Posted August 18, 2009 Share Posted August 18, 2009 An awful lot of confusing data, predictions and scenarios been posted up on here over the last few days.Some people making 700 quid a month for doing nothing while others are losign their jobs- every0ne i speak to ius in dire straights and really fear for their companies future etc etc. I can no longer make any sense of it. The concept of MANAGEMENT appears to be an extremely loose one in this current Labour session. I suspect the whole idea is to keep people running around like headless chickens not knowing what the hell is going on. The last thing they want is anyone finding an escape route from their web of destruction. Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted August 18, 2009 Share Posted August 18, 2009 The concept of "economy" in its other sense has been thrown out of the window. Now, just debt-ridden turnover using inflated money supply. Going to end much worse as a result of the current policies, when inflation carries on ticking up and wages (and jobs) suffer. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 18, 2009 Share Posted August 18, 2009 well, many are on holiday. the economy is on hold. wait till the roads fillup with returners in September. hope will change to TSHTF. another emergency to deal with....probably some more QE and ramping till its time to leave with the Bill...at election time. Quote Link to comment Share on other sites More sharing options...
Guest KingCharles1st Posted August 18, 2009 Share Posted August 18, 2009 (edited) You mean the Rozzers? If only. Edited August 18, 2009 by KingCharles1st Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 18, 2009 Share Posted August 18, 2009 You mean the Rozzers? If only. , nah I mean the Bill, as in time to pay. Quote Link to comment Share on other sites More sharing options...
Wait & See Posted August 18, 2009 Share Posted August 18, 2009 It'll all kick off when little Jimmy only gets a lump of coal in his Christmas stocking because the bank pulled his parents credit cards. Only when the people can't borrow, steal or beg another penny will the real pain start. Not long now. Quote Link to comment Share on other sites More sharing options...
Traktion Posted August 18, 2009 Share Posted August 18, 2009 The concept of "economy" in its other sense has been thrown out of the window.Now, just debt-ridden turnover using inflated money supply. Going to end much worse as a result of the current policies, when inflation carries on ticking up and wages (and jobs) suffer. Yup, which is why monetary reform is the single most important point to tackle. If the monetary foundations are collapsing, it is pretty pointless trying to tinker around the edges. The government has to stop banging on about consumption - we are just further cannibalising the rather rotten carcass. There needs to be a complete rethink in the way the economy functions. Consumption fuelled by debt is a road to ruin. We are probably at the end of the road already, but most people, and the government, seem too ill informed to realise it. Quote Link to comment Share on other sites More sharing options...
Injin Posted August 18, 2009 Share Posted August 18, 2009 Yup, which is why monetary reform is the single most important point to tackle. If the monetary foundations are collapsing, it is pretty pointless trying to tinker around the edges.The government has to stop banging on about consumption - we are just further cannibalising the rather rotten carcass. There needs to be a complete rethink in the way the economy functions. Consumption fuelled by debt is a road to ruin. We are probably at the end of the road already, but most people, and the government, seem too ill informed to realise it. They know and they are simply filling their own boots in readiness for the end. Gordon Brown cares about your bank balance about as much as you care about this. Quote Link to comment Share on other sites More sharing options...
Traktion Posted August 18, 2009 Share Posted August 18, 2009 They know and they are simply filling their own boots in readiness for the end.Gordon Brown cares about your bank balance about as much as you care about this. I dare say you are right, but I was giving them the benefit of the doubt. Either way we need massive political and monetary change. I just fear that the word won't get out until it is too late. Quote Link to comment Share on other sites More sharing options...
grumpy-old-man-returns Posted August 18, 2009 Share Posted August 18, 2009 It'll all kick off when little Jimmy only gets a lump of coal in his Christmas stocking because the bank pulled his parents credit cards.Only when the people can't borrow, steal or beg another penny will the real pain start. Not long now. that's my take on it. this xmas will be interesting.... Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 18, 2009 Share Posted August 18, 2009 that's my take on it.this xmas will be interesting.... another top time to close firms... Quote Link to comment Share on other sites More sharing options...
d2thdr Posted August 18, 2009 Share Posted August 18, 2009 So how do you protect yourself from this? I think most would have hedged the bets. But if this apparent deflation is going to turn into obvious inflation, what are our options? Quote Link to comment Share on other sites More sharing options...
scottbeard Posted August 18, 2009 Share Posted August 18, 2009 this xmas will be interesting.... True, but I think people (1) are more resiliant than HPCers tend to think and (2) judge everything in relative terms. For example, in 2007 people might have been unhappy if they only had 1 holiday in the year when their mates had 2, now they're unhappy if they had a pay cut when their mates only had no pay rise. People won't be unhappy because they have less for xmas than they did in 2007 - they will be unhappy if they get a lump of coal for xmas when their neighbour gets two lumps. Quote Link to comment Share on other sites More sharing options...
Greg Bowman Posted August 18, 2009 Share Posted August 18, 2009 True, but I think people (1) are more resiliant than HPCers tend to think and (2) judge everything in relative terms.For example, in 2007 people might have been unhappy if they only had 1 holiday in the year when their mates had 2, now they're unhappy if they had a pay cut when their mates only had no pay rise. People won't be unhappy because they have less for xmas than they did in 2007 - they will be unhappy if they get a lump of coal for xmas when their neighbour gets two lumps. So well put we all measure things relatively not absolutely now how do you like my Cortina Ghia it is an i don't you know not a GL! Quote Link to comment Share on other sites More sharing options...
Lander Posted August 18, 2009 Share Posted August 18, 2009 So well put we all measure things relatively not absolutely now how do you like my Cortina Ghia it is an i don't you know not a GL! People will be 'unhappy' when they lose their job and get their house repoed which is just around the corner for a growing number of people Quote Link to comment Share on other sites More sharing options...
IwantaHome Posted August 18, 2009 Share Posted August 18, 2009 We don't have an economy. We have banks, houses, shops, and insurance. We gave the manufacturing to China. Quote Link to comment Share on other sites More sharing options...
Guest KingCharles1st Posted August 18, 2009 Share Posted August 18, 2009 We don't have an economy. We have banks, houses, shops, and insurance.We gave the manufacturing to China. Exactly- so why do we play at having one then? The people in charge of this sham don't have a ******ing clue. Quote Link to comment Share on other sites More sharing options...
Laughing Gnome Posted August 18, 2009 Share Posted August 18, 2009 Yup, which is why monetary reform is the single most important point to tackle. If the monetary foundations are collapsing, it is pretty pointless trying to tinker around the edges.The government has to stop banging on about consumption - we are just further cannibalising the rather rotten carcass. There needs to be a complete rethink in the way the economy functions. Consumption fuelled by debt is a road to ruin. We are probably at the end of the road already, but most people, and the government, seem too ill informed to realise it. That'll be your full reserve banking I suppose. Run that by me again. Quote Link to comment Share on other sites More sharing options...
IwantaHome Posted August 18, 2009 Share Posted August 18, 2009 Most of our economy was us selling houses to one another at ever inflating prices, those who bought earlier got to pledge equity against fancy cars. It was a pyramid scheme and it suckered in some of the young in our society. Shameful. Like I said.. I am waiting for the revolution. They'll need those ******ing cameras and stun guns and crowd kettle killing tactics, cos I aint gonna be passive. I'm going with intention. Quote Link to comment Share on other sites More sharing options...
Traktion Posted August 18, 2009 Share Posted August 18, 2009 True, but I think people (1) are more resiliant than HPCers tend to think and (2) judge everything in relative terms.For example, in 2007 people might have been unhappy if they only had 1 holiday in the year when their mates had 2, now they're unhappy if they had a pay cut when their mates only had no pay rise. People won't be unhappy because they have less for xmas than they did in 2007 - they will be unhappy if they get a lump of coal for xmas when their neighbour gets two lumps. Yes, very true. HPC tends to see things too clearly as we tend to know many facts which the average Joe is oblivious to. The actual unfolding of events seems to be much more chaotic than is logical. Agreed about the relative thing too. People can cope as long as the unwinding isn't too rapid. Camping down the road is cheaper than flying somewhere hot, but it's still a holiday. The SHTF when things unravel too quickly and without warning. I think most people know that they need to pay down debt, be concerned about their job etc. Some will be caught out after believing the government that everything is fine and they should get out spending, but I think most know something is wrong, even if they can't identify it. You could argue that the government is trying to keep the plates spinning for as long as possible, to allow those smart enough to see through it a chance to prepare. You could also argue that they are just lining their own pockets and are clueless about how to fix anything anyway. Personally, I'm just trying to get myself as self sufficient as possible, while trying to encourage real political and monetary change. Quote Link to comment Share on other sites More sharing options...
Take Me Back To London! Posted August 18, 2009 Share Posted August 18, 2009 (edited) I got an email this morning from amazon and one of their adverts is about the collapse of the world currencies and humanity that can be averted if more people pre-order Red Dwarf - Back to Earth DVD. Click the link and then the Red Dwarf tab to see Rimmer's economic prediction. http://www.amazon.co.uk/gp/mpd/permalink/m...:m1P1AE87OWWDR2 Edited August 18, 2009 by Take Me Back To London! Quote Link to comment Share on other sites More sharing options...
Ellie Posted August 18, 2009 Share Posted August 18, 2009 It'll all kick off when little Jimmy only gets a lump of coal in his Christmas stocking because the bank pulled his parents credit cards.Only when the people can't borrow, steal or beg another penny will the real pain start. Not long now. Not sure about that - had an unsolicited letter this morning from one of my card providers, doubling my credit limit to £8k.... Quote Link to comment Share on other sites More sharing options...
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