Effects of recession?

Shatners_Bassoon

mewbie wrote: »

I'm not...

Well done, then you're not spending enough

geoffky

It has cost me a fortune on lost interest on savings....i dont even even want to add it up..:embarasse

bryanb

bo_drinker wrote: »

Got it in one.:T

I see that you and fc123 have thanked each other in your contemptible little posts. At least it's raising your opinions of yourselves.

bo_drinker

bryanb wrote: »

I see that you and fc123 have thanked each other in your contemptible little posts. At least it's raising your opinions of yourselves.

Oh dear you have been busy trawling all the posts to gain some info.
If you read the 2nd post we were in agreement that you may want to read some more misery, the very reason I don't come on here as much as I did ..

bryanb

bo_drinker wrote: »

I don't come on here as much as I did ..

That's great news.

thriftybabe

JonnyBravo wrote: »

We're now in consultation period at work. (100+ to go, 90 day consult)
All will be decided for Xmas.
I'll let you know how it has affected me by then if that's ok? :cool:

I feel bad for you. Many of our friends were put that process and it is a horribly long wait! Will keep my fingers crossed for you. Hope it works out.

Generali

bryanb wrote: »

I see that you and fc123 have thanked each other in your contemptible little posts. At least it's raising your opinions of yourselves.

What a nasty little tick you are.

bryanb

Generali wrote: »

What a nasty little tick you are.

Thank you for your contribution, a little off the subject though.

vivatifosi

bryanb wrote: »

I see that you and fc123 have thanked each other in your contemptible little posts. At least it's raising your opinions of yourselves.

I don't understand the outburst bryanb. It has left many regular posters here scratching their heads as to what is behind it. fc123 is one of the most respected posters here with valuable experience (both positive and negative) in the retail business, and while I would be the first to admit I don't always see eye to eye with bo drinker, I don't understand why you have laid into him either, or why disagreeing with someone has to be made so personal.

Please explain.

bendix

geoffky wrote: »

It has cost me a fortune on lost interest on savings....i dont even even want to add it up..:embarasse

That's just not true geoff. Real returns on savings are higher now than they have been for years. With interest rates around 2-3% and inflation in the negative, you're getting a better return on your money now than at any other time in recent history.

I think we should call a spade a spade. With all due respect to the 4-5% of workers who have lost their jobs in the last 18 months, this recession has generally been very very positive for the 95% of the workers who have remained in jobs during that period.

Low inflation, low interest rates. If people are feeling the pinch it is because they overextended themselves and find their credit harder to come by, which is no bad thing. People say pensions have suffered, but the FTSE today is up 5% this calendar year, and is roughly the same level as at this time twelve months ago.

If these impacts are the definition of a disastrous recession, then let's have another one soon, can we?