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If the recession really does end soon ?

kennyboy66_2
Posts: 2,598 Forumite
If the recession really does end soon ?
Which of the worlds governments have put the best policies into place since the credit crucn started ?
Which of the worlds governments have put the best policies into place since the credit crucn started ?
US housing: it's not a bubble
Moneyweek, December 2005
Moneyweek, December 2005
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Comments
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Morocco's for me - GDP still growing throughout0
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Australia escaped i think0
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For me, the bad times will continue until we finally know how we are going to pay back the money that the government has borrowed (more debt) to stop the debt fuelled balloon from deflating completely.
I still don't know how they are managing to hoodwink people, for example, if I had a debt problem, say I owed 20k on a credit card, I can't imagine that the answer to my problems would be to get another credit card and spend another 20k, although it would feel good whilst I was spending it, this, I believe is the mode the government are in at the moment.
Two days ago, I heard Gordon Brown proudly explain how public spending was going to rise from £650 billion this year to £708 billion in 2012, how so ?, when I believe only £550 billion is going into the government coffers this year and is likely to get less over the coming years as the recession plays out and unemployment rises.
So to answer............ not the UK.0 -
Ad, the example you have just typed here is EXACTLY the formula used by the vast majority of joe public over the past 10 years or so in managing there personal debt.
Net result...where did I put the latest bankruptcy figures?It's getting harder & harder to keep the government in the manner to which they have become accustomed.0 -
So to answer............ not the UK
Definately...........if the 'recession' actually does end, and we return to a decent level of growth relatively quickly.'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Do you actually beleive that governments have any influence on the way things turn out?
how quaint"The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
Do you actually beleive that governments have any influence on the way things turn out?
how quaint
Yes Brownie could have joined the Euro :eek:'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 Thatcher0 -
kennyboy66 wrote: »If the recession really does end soon ?
Which of the worlds governments have put the best policies into place since the credit crucn started ?
Is at simple as that? Not all governments started with a blank canvas. They had different political demands, different sorces of wealth, different areas needing spending and investment: while the problems might have been widespread the states going into them were different, no?0
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