Jump to content
House Price Crash Forum

Sturgeon - "We Are Also In An Economic Emergency"


Recommended Posts

The redundancies are piling up in Scotland now and she's getting nervous (Sky News now).  This morning Rolls Royce has announced that they are paying off over half of their Inchinnan site.

https://www.bbc.co.uk/news/uk-scotland-glasgow-west-52909550

It's going to get bad all over the UK come year end.  The answer might need to be a citizens income if we end up with millions on the dole and no prospects of getting another job.

Link to post
Share on other sites
28 minutes ago, Social Justice League said:

The redundancies are piling up in Scotland now and she's getting nervous (Sky News now).  This morning Rolls Royce has announced that they are paying off over half of their Inchinnan site.

https://www.bbc.co.uk/news/uk-scotland-glasgow-west-52909550

It's going to get bad all over the UK come year end.  The answer might need to be a citizens income if we end up with millions on the dole and no prospects of getting another job.

The SNP don't do companies in Scotland any favours, sure they might throw about a few grants, but what is really needed is less regulation.

 

Also Scotland has falling education standards relative to England (that should be seriously worrying, if they are slipping relative to England). https://www.google.com/amp/s/inews.co.uk/news/scotland/pisa-results-2019-scotland-worst-ever-performance-science-maths-1331557%3famp

 

Finally, isn't the SNP's plan for independence based around North Sea oil?  Can't see that doing very well in the near term.

Edited by reddog
Link to post
Share on other sites

Sturgeons been following a path of lagging behind the UK plans under the guise of public health caution. In Scotland we still aren't allowed 5 miles from our homes and most businesses are still closed.

I genuinely believe that Boris will not wind back any of his lockdown release phases no matter what happens with infection levels but that Sturgeon would wind back her phases and that might open up a gulf between the two countries. 

The biggest risk to Scotland in the short term is that they extend their lockdown in some form beyond the furlough measures. England's getting back to work and switching off the help in 3 months, if Scotland's still largely closed in 3 months there won't be money in the pot for anyone to cover the inability to work. 

Link to post
Share on other sites

Not worry, the English taxpayers will carry the can.

Similar virtue-signalling policies carried out by the shower in Stormont who are calling the shots in the NI lockdown too.  'No economy-destroying lockdown measure is too severe if it saves just one life'.  The assumption is that it will all be paid for from the UK public purse.  Of course, despite decrying people driving to take a walk on the beach as Granny Killers, there wasn't much of an issue with hundreds taking to the streets in Belfast to complain about policing in Minneapolis.

 

Link to post
Share on other sites

I think there will be a short-lived boom as people splurge cash that they've been accumulating as a result of working from home or being Furloughed .... then a hard crash as the reality of increased unemployment and the national debts ran up kicks in.

Would expect Trump to be giving away as much money in the US as possible leading up to the election, which might help keep the flaming wheeled dumpster of the World economy rolling along for a few months past the original spending splurge.

 

And the singular 'policy' response for whatever happens?  Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print Print ......

 

My thinking is to get into assets like PMs and selected stocks.  Maybe even bitcoin.

 

Link to post
Share on other sites
3 hours ago, Social Justice League said:

The answer might need to be a citizens income if we end up with millions on the dole and no prospects of getting another job.

Only as a political solution. The actual solution is to cut taxation, regulation and welfare back past the bone.

Link to post
Share on other sites
5 hours ago, Trampa501 said:

Will our English leaders dare to admit this?

What - the amounts we will need to find from English and Welsh taxpayers to bail out the overspending SNP government when their income tax, stamp duty and other revenues fall?

Link to post
Share on other sites
19 minutes ago, MARTINX9 said:

What - the amounts we will need to find from English and Welsh taxpayers to bail out the overspending SNP government when their income tax, stamp duty and other revenues fall?

If they're such a burden, maybe we should let them have their independence. Didn't end up too bad for the Irish. Mind you, they don't have all that oil!

Irish GDP per capita: $77,771

UK GDP per capita: $41,030

2019 figures.

Link to post
Share on other sites
26 minutes ago, Trampa501 said:

If they're such a burden, maybe we should let them have their independence. Didn't end up too bad for the Irish. Mind you, they don't have all that oil!

Irish GDP per capita: $77,771

UK GDP per capita: $41,030

2019 figures.

Forget the oil - just remaining in the EU like NI should be enough for starters.

Link to post
Share on other sites
57 minutes ago, MARTINX9 said:

What - the amounts we will need to find from English and Welsh taxpayers to bail out the overspending SNP government when their income tax, stamp duty and other revenues fall?

They could certainly learn from your NI government that's for sure. No oil, 8 billion in subsidies from the taxpayer and remaining in the EU. 

Link to post
Share on other sites
42 minutes ago, Trampa501 said:

If they're such a burden, maybe we should let them have their independence. Didn't end up too bad for the Irish. Mind you, they don't have all that oil!

Irish GDP per capita: $77,771

UK GDP per capita: $41,030

2019 figures.

Isn't the Irish GDP inflated by the large multinationals located there for tax purposes?

Link to post
Share on other sites
1 hour ago, Trampa501 said:

If they're such a burden, maybe we should let them have their independence. Didn't end up too bad for the Irish. Mind you, they don't have all that oil!

Irish GDP per capita: $77,771

UK GDP per capita: $41,030

2019 figures.

Well you might well find that money isn’t too evenly distributed in Ireland when you factor in the multinationals like Apple and others using it as a tax haven. Their housing crisis is as bad as the UK - and the young Irish are still leaving as they can’t make a future there as the cost of living is extortionate compared to the UK.HB ice cream is nicer than Walls though!

And it took Ireland about sixty years post independence to find its economic feet as it swapped British rule for rule by the Catholic Church and de Valera. As evidenced by mass emigration - there are in fact more Irish citizens living in GB than in he Irish Republic!

The Scots of course chose to stay in the UK in 2014 by ten percent. But as we know the SNP doesn’t seem to accept referendum results. Once in a generation doesn’t mean every couple of years!

Edited by MARTINX9
Link to post
Share on other sites
3 hours ago, Trampa501 said:

If they're such a burden, maybe we should let them have their independence. Didn't end up too bad for the Irish. Mind you, they don't have all that oil!

Irish GDP per capita: $77,771

UK GDP per capita: $41,030

2019 figures.

Irish GDP figure is a nonsense like other tax havens. 

Yes very interesting that googles, apple etc EU revenue all flows there..... 

Link to post
Share on other sites
2 hours ago, MARTINX9 said:

Well you might well find that money isn’t too evenly distributed in Ireland when you factor in the multinationals like Apple and others using it as a tax haven. Their housing crisis is as bad as the UK - and the young Irish are still leaving as they can’t make a future there as the cost of living is extortionate compared to the UK.HB ice cream is nicer than Walls though!

And it took Ireland about sixty years post independence to find its economic feet as it swapped British rule for rule by the Catholic Church and de Valera. As evidenced by mass emigration - there are in fact more Irish citizens living in GB than in he Irish Republic!

The Scots of course chose to stay in the UK in 2014 by ten percent. But as we know the SNP doesn’t seem to accept referendum results. Once in a generation doesn’t mean every couple of years!

And yet the population of Ireland even today is still lower than 1820 - pre famine levels.

Well done the British aristocracy for that one. How it took so long for a revolution is beyond me. 

Link to post
Share on other sites
2 hours ago, captainb said:

And yet the population of Ireland even today is still lower than 1820 - pre famine levels.

Well done the British aristocracy for that one. How it took so long for a revolution is beyond me. 

Well Ireland's loss was America and Australia's gain. Irish Americans became the backbone of the police force in many US cities and the Irish gave the Aussies their battler culture..

Link to post
Share on other sites
55 minutes ago, MARTINX9 said:

Well Ireland's loss was America and Australia's gain. Irish Americans became the backbone of the police force in many US cities and the Irish gave the Aussies their battler culture..

:lol:

 

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.

  • 416 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.