The Recession is Over

ruggedtoast

according to many of the dailys.

Gordon has done it. Quantitative easing has worked, the billions borrowed have flooded the banks with feel good fiscal fecundity. House prices are on the up as frantic first time buyers try and bag the last vanishing bargains.

In short its the Sun wot won it, and the Mirror and the News of The World and the beeb and the Times and the Telegraph. Double plus good eh.

Once again this small island has bucked the trend of global austerity, thumbed its nose at the moribund EU, tweaked the backside of the tottering giant America, circumnavigated China and its unemployed agitating millions with a jaunty gait and yaa booed Japans industrial collapse. Once again the French chattering classes are shaking their heads and worrying about how poor old France can catch up with the miraculous economy of les anglais.

One half of us will sell houses to the other half that they cannot afford.We will borrow money we cant pay back. We will temp in insecure jobs and binge drink on the weekends. We will go to Primark and we will internet shop with our credit cards of which we are statistically unlikely to even know the rate of repayment. We will watch X Factor and worry about Susan Boyle.

And we will be rich (this time), for we are Britain.

Thats right , Britain. And once again and like every world cup, it is different this time.

NB. Rising unemployment, massive public debt, and imminent swingeing cuts in public spending have all been omitted from this post to further encourage feel good factors.

Harry_Powell

Wow, what a stirring speech. I feel great!!

Now where did I put my credit card?

wolfman

ruggedtoast wrote: »

NB. Rising unemployment, massive public debt, and imminent swingeing cuts in public spending have all been omitted from this post to further encourage feel good factors.

You also missed out lowest ever interest rates which will soon rise, house purchases at a huge low, and mortgage approvals still way down.

Graham_Devon

Hey, we need a link to the National Anthem

andygb

Excellent, just the way I see it. How on earth can they expect people to believe all of this rubbish?
If people really think the property market is on the up, then have a look at the land registry figures for your area, because they will give the true figures, when the last house in your street was sold and for how much.
At a time when so many people have lost their jobs, and so many more jobs are at risk, many people will look at these reports of growth and wonder if they are from a parallel universe.

robpw2

Graham_Devon wrote: »

Hey, we need a link to the National Anthem

hope and glory would be better more uplifting
http://www.youtube.com/watch?v=podh1wht9RY&feature=related

but for those wanting god save the queen

http://www.youtube.com/watch?v=AwziS2aE6Ww

andygb

Harry_Powell wrote: »

Wow, what a stirring speech. I feel great!!

Now where did I put my credit card?

I may be unemployed at the moment, but hearing this has suddenly lightened my mood, so without further ado, I shall rescue my credit card from the depths of my wallet, and go on a celebratory spending spree, because "Things can only get better".
Now where have I heard that before?;)

ruggedtoast

andygb wrote: »

Excellent, just the way I see it. How on earth can they expect people to believe all of this rubbish?
If people really think the property market is on the up, then have a look at the land registry figures for your area, because they will give the true figures, when the last house in your street was sold and for how much.
At a time when so many people have lost their jobs, and so many more jobs are at risk, many people will look at these reports of growth and wonder if they are from a parallel universe.

Someone posted an article here the other day about some Indian businessman who was wondering why the British were so gloomy when the recession isnt as bad here as other G7 countries. And this is why, no one believes this clap trap.

Everyone knows Brown has brought the country to its knees with public debt and the cuts havent started yet.He's still borrowing and hes going to keep borrowing until the next election to try and pretend everything's fine.

The media are whining that people dont buy papers anymore but this is why. You cant tell people that we're the most indebted country in the world every day for a year and then suddenly announce all is well.

They are losing credibility, politicians are distrusted, people dont know who to believe any more.

robpw2

i prefer this thought personally william blake words

http://www.youtube.com/watch?v=podh1wht9RY&feature=related

thought not very british more england lol

MORPH3US

Seems like some people on here want the UK to be in recession and actually enjoy it....

Are these bitter / jealous non home owners perhaps? Have people struggled in this recession so far or lost their jobs and now they are bitter that things *might* be starting to look just slightly positive again?

Chris2685

MORPH3US wrote: »

Seems like some people on here want the UK to be in recession and actually enjoy it....

Are these bitter / jealous non home owners perhaps? Have people struggled in this recession so far or lost their jobs and now they are bitter that things *might* be starting to look just slightly positive again?

I don't think so, I think people are just being realistic really...