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Is Britain in a Mini-Depression??

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Comments

  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    StevieJ wrote: »
    Just as long as it is just 'I think' :D

    I'm certain:D, it will be, as when we start to see any growth, the spectre of the gargantuan tax bill that will have to paid will be looming large on the horizon. Forget house prices etc... the tax bill is going to be massive and considering we were paying a lot in the boom times, god knows what it will be like going forward, it's going to be crippling, not only on a personal note, but on the whole of the UK. It will keeps it's citizens relatively poor for at least a generation.
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    geoffky wrote: »
    we are in the warm up to a major depression..this time next year will be a different landscape..
    Agreed. We're on the verge of something really bad. And Clown isn't helping by borrowing countless billions of pounds to gamble with.
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ad9898 wrote: »
    I'm certain:D, it will be, as when we start to see any growth, the spectre of the gargantuan tax bill that will have to paid will be looming large on the horizon. Forget house prices etc... the tax bill is going to be massive and considering we were paying a lot in the boom times, god knows what it will be like going forward, it's going to be crippling, not only on a personal note, but on the whole of the UK. It will keeps it's citizens relatively poor for at least a generation.

    I know, the Tories always put up taxes :D
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
    ad9898 wrote: »
    I'm certain:D, it will be, as when we start to see any growth, the spectre of the gargantuan tax bill that will have to paid will be looming large on the horizon. Forget house prices etc... the tax bill is going to be massive and considering we were paying a lot in the boom times, god knows what it will be like going forward, it's going to be crippling, not only on a personal note, but on the whole of the UK. It will keeps it's citizens relatively poor for at least a generation.
    Ive just worked out ur signature ... :rotfl: Very good :)
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    luvpump wrote: »
    Ive just worked out ur signature ... :rotfl: Very good :)

    Thanks, I also hope fellow posters have the 'see avatar' switched on in their settings so they can see Al Pacino unloading into what I can only imagine to be Gordon Brown's face.:D
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    Generali wrote: »
    You certainly don't want to be reading, "The UK is certainly in a depression" over your cornflakes!

    Yes that would be a total disaster as I hate cornflakes
  • dandy-candy
    dandy-candy Posts: 2,214 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    ad9898 wrote: »
    I'm certain:D, it will be, as when we start to see any growth, the spectre of the gargantuan tax bill that will have to paid will be looming large on the horizon. Forget house prices etc... the tax bill is going to be massive and considering we were paying a lot in the boom times, god knows what it will be like going forward, it's going to be crippling, not only on a personal note, but on the whole of the UK. It will keeps it's citizens relatively poor for at least a generation.

    I heard on the news earlier that the council tax was only going to go up 2% and my first thought was "Yay!!", then you get to wondering why....are they expecting us all to be massively skint/unemployed over the next 12 months?
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