Friday, October 10, 2008

Next stop the Real economy

Telegraph

It is hard to comprehend the scale of pain that is about to be inflicted on people who least deserve it, says Jeff Randall, but at its heart will be unemployment

Posted by holding out @ 09:25 AM (1107 views)
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26 thoughts on “Next stop the Real economy

  • I welcome the end of people’s love affair with shopping. We need to base our lives on something more real and fundamentally sound than the constant massaging of the consumer ego.

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  • I thought we’d exported our ‘real’ economy years ago in favour of ‘services’.

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  • A strange definition of innocent. Those that lived beyond their means by ramping and borrowing are hardly innocent in my view. They could be forgiven for their inexperience, but not for their stupidity. Take a few moments to think about our senior citizens and those coming up to retirement, who have no alternative but to live on a pension income fixed by the government or reduced as the result of some chinless wonder in the City or on Wall Street. Stop to think that many of these people have fought for us, worked to build a real economy, paid taxes and in many instances have only borrowed to buy a house. They face rising inflation and a falling living standard. You can argue that Jeff Randall’s innocents face the same, but they are the cause of the problem, while the real innocents suffer the consequence, probably in a dignified silence.

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  • fahrenheit451 says:

    I’m waiting for inflation to start rising. That will knock more off the value of everything than even a “Stealth Tax”. Welcome to the world of Double Whammy. Cos then they will hike the base rate and all the other rates, and businesses that survived this mess will get beaten up again in the second half of next year, Time out in the New Year, followed by Round Two Same place, same channel, next year.

    Only reasonable course of action is to get back to basics, and not that political rhetoric which is shallow comfort. Proper budgeting of household finances. There is time yet for the TV channels to push this message good and strong, but do they have the courage to talk about “Common Sense” without being accused of “Preaching” or being “Stereotypical” or even alienating minority groups who the myth would have us believe “Don’t have a bean”.

    Looking forward to the nice happy flowers of Spring Time.

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  • On the upside, we’ll be seeing a whole generation of Wii / X-Box / Facebook / YouTube and mobile-texting addicted teens, suddenly besieging old age pensioners for gardening and depression-era survival tips, instead of ridiculing or mugging them.

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  • Eyes_wide_open says:

    @ Yorkshireman

    You made a good point and made it well.

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  • planning4acrash says:

    We all need to move forward to our own future. I spoke to Bullion vault, who are tempted 2 set up a gold version of paypal. Please email them with encouragement. We need to gravitate towards that n physical coins. And get into cottage industry4 food, etc.

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  • planning4acrash says:

    Everybody must turn every lawn into a Victory vegetable patch. You’ll enjoy it, and fight the system and get healthy. Can barter veg within the community. Another great way is to sprout pulses, seeds & nuts 4 fresh salad all winter.

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  • I thought this was a wonderful piece – “positive thinking and negative saving” a droll turn of phrase that I will be co-opting in the coming weeks

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  • A question: If i drop a £50 note on the floor and some bloke picks it up and stuffs it in his pocket. Who is to blame ? Me for being stupid enough for dropping it or the bloke for picking it up?

    Brown has dropped a bit more than £50 on the floor and the bankers just picked it up (ok so then they leant it out a couple of hundred times :-)).

    So the point is how can GB not accept the blame?

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  • Now that the likelihood of a global economic crash is no longer considered the preserve of us ‘doomers’, here’s some good advice:
    spend a morning printing off basic info about self-reliance (growing your own food etc) from the internet. The information won’t always be there for free, as if the markets seriously crash the internet will go with it. That’s when you’ll find that the infrastructure that puts books into places like Waterstones and W.H. Smith, no longer works – and realise that your local library has been gradually eviscerated of its useful reference tomes, as part of a cultural conversion into an entertainment centre, full of computers (linking to nothing) and DVDs.

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  • fahrenheit451 says:

    Too right P$C.

    But this year our Tomatoes and Salad stuff was useless, going to get a larger cold frame for next year, can’t trust the weather. Roots & beans were ok though and bumper crop of fruit, if you get it b4 the squirrels, etc.

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  • lierbag: ..”if the markets seriously crash the internet will go with it”

    Now that is serious – no more time-wasting on hpc.co.uk!
    Many of the “benefits” our overblown economy has brought us will not be missed by me either.

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  • Lord D'arcy Pew says:

    A good gardening book is The Vegetable Expert, by Dr D. G. Hessayon. ISBN 0-903505-20-7. Easy to use and lots of simple information.

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  • planning4acrash says:

    451, practice makes perfect. Peeps should also be learning how to forage, hunt, fish and learn how to can, pickle & dry food.

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  • 7. planning4acrash said…
    Everybody must turn every lawn into a Victory vegetable patch. You’ll enjoy it, and fight the system and get healthy. Can barter veg within the community. Another great way is to sprout pulses, seeds & nuts 4 fresh salad all winter.

    I know you mean well P4AC, and growing stuff for the fun of it is ok (We had a good mix of veg this year and the chickens are arriving shortly) But if things get as bad as you doomsayers suggest, growing a few pulses will be the least of your problems. There would be total anarchy where the strong grab anything they can from the weak, and your money would be better spent on steel shutters for your house, plus a bit of weaponry. Don’t bother with a .22 calibre popgun, you need something with a bit of stopping power – 9mm automatic at least. If you are really worried, a 20mm cannon would do, but it has the disadvantage of being less portable.

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  • theboltonfury says:

    is this why the BBC has been flooding Mears on to our screens for the years? Getting us prepared

    camping out for a life would be great.

    P.Doff – I wouldn’t insult my own integrity with anything below 20mm. There will still be fashion in the wilderness you know, 9mm is so 2005

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  • For those planning to grow their food – I’d put effort into keeping the farmers alive in your community. We’ve done a year or two of growing food now and it’s extremely difficult. I see the farmers zipping up and down doing thousands of times what we could in a couple hours of backbreaking work. If you don’t normally use those muscles you have no idea what you’re in for! Plus the expertise. Several crops worked out great for us and others were a total bust. AND, if you don’t have a well you’re in for water bills which may top the advantage your realised from growing food. The farmers don’t have these bills AND they also work in co-ops to minimise their costs. There’s alot to be considered. We know some families who got chickens here as well, not realising that they get old in a couple years and stop laying eggs and you have to kill them. Also, as said above, if there is a food shortage, assume we’ll go to rationing and that people aren’t so polite as they once were and you may find your gardens stripped. A lot to think about. HOWEVER, it is a healthier way of life if folks can agree we work on it together. The food we’ve had is wonderful and, so long as there’s not outright warfare, neighbors can share if they remain calm and work out a plan.

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  • p.doff said: ‘There would be total anarchy where the strong grab anything they can from the weak’.

    No. No. No. You’re being far too pessimistic. That comes with the 2012 oil crash!

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  • 17. theboltonfury said…”I wouldn’t insult my own integrity with anything below 20mm”.

    Some of the antique stuff stops well. You can always do a bit of filing on the selector of your SLR for a fully automatic squirt!! LOL

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  • But accuracy goes out the window, of course!

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  • 18. indiablue19 said…”stop laying eggs and you have to kill them”

    Yeah, that’s true – I’ve told Mrs Doff that that is her responsibility. They are also prone to infestations and diseases – red spider mite etc. Townies don’t realise what’s involved and that the hen house has to be cleaned de-crapped and disinfected regularly. It’s not all fun, free brown eggs and ‘jolly hockey sticks’.

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  • Hard times are hard times chaps. Stop predicting the end of civilisation.

    A few more people might get mugged and a few more pepole will be unemployed, a few less kids might have mobiles and have to setttle for 25 quid trainers rather than Nike’s.

    A whole host of suckers who thought they had bought a piggy bank will be in trouble because they actually have bought the most expensive sows ears in the world.

    LOOK ON THE BRIGHTSIDE – The is no way that channel 4 are going to make any more Location, location, locations – Kurtsie Allsopp and Phrill Spendalot are effectively unemployed (unemployable?)

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  • The author still seems to believe that voting makes a difference but he does recognise the psychopathic nature of those individuals he blames in Government and on Wall Street.

    But as ‘V’ puts it:
    And the truth is, there is something terribly wrong with this country, isn’t there? Cruelty and injustice, intolerance and oppression. And where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission. How did this happen? Who’s to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you’re looking for the guilty, you need only look into a mirror.

    it’s peston not preston

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  • It’s doesn’t not dosen’t.

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  • .p.doff said……… It’s not all fun, free brown eggs and ‘jolly hockey sticks’.

    No kidding. Our neighbors told us today that when a few of their hens passed their prime their claws fell off and they couldn’t stand up. Are you sure Mrs. P.Doff is prepared for this? You know, if all else fails, there could be a market out there for little chicken shoes with a good tread.

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