Consumer confidence hits 2 year high

Really2

Graham_Devon wrote: »

Can you define "constantly" really?

Like mosquito buzzing in a room, you may use.

"I wish it would stop constantly buzzing" even though it may not be constantly buzzing the use of the word seems appropriate.

So basically you use the VI, spin bit when it suits you, even though every word you say is not "VI, spin".

Easy.

Graham_Devon

Really2 wrote: »

So basically you use the VI, spin bit when it suits you, even though every word you say is not "VI, spin".

Easy.

All I have done is link up a BBC report. I use BBC reports in nearly every single thread I start that includes a web article.

If you feel you need to dispute this, then please, look at all the threads I have started on this board and you will see links to the BBC in probably around 90% of them.

I'm not sure what argument you are now trying to start. It's pretty obvious you are trying to start something, I'm just not sure what on earth it's based on.

HammerSmashedFace

chucky wrote: »

this is positive news but we'll only know where we are after a few months of these kind of figures

Indeed, lets see where we are in 6 months, I don't particularly think it's spin, but there is going to be some major policy changes over the next year, and again I point out that comparing today's figures with figures that were the worst in decades doesn't really say much, that's what they were doing last year.

We need to see proper growth based on proper long term fundamentals, this is not what we are seeing, and long term growth will be scuppered by the energy issue.

de1amo

i do like the british way of ignoring all the horrific debt levels and getting out and buying something new to cheer us up--maybe a new house with a nationwide mortgage??

Blacklight

de1amo wrote: »

i do like the british way of ignoring all the horrific debt levels and getting out and buying something new to cheer us up--maybe a new house with a nationwide mortgage??

Horrific debt levels? Most people have either been saving like mad on the back of the news that they'll be made redundant and now have pots of cash and a reasonably secure job (unless you work for a council, in which case it's your turn to save). Or, they've been gainfully employed and saving pots of cash on their mortgage repayments. Or both.

Following a year of depressed margins on the high street is it any wonder people want to go and buy a new TV?

Or perhaps you were talking about THE debt, in which case there's not much your average Joe can do about it, even if he knows about it.

de1amo

i am talking about our government who have led us this way -maybe a few are saving but many dont manage to save a bean-as born out of a report before christmaa stating most couldnt afford their credit card debt had no savings and didnt own their own home--the reason the few have been saving is because our governemnt has been unaturally suppressing interest rates by printing money--the worm will turn when they have to pay the debt back and push all taxes and interest rates up--they were touting that this debt will damage the finances of a whole generation and suddenly its smiles and rcovery all around
İs no one surprised this false dawn comes in a run up to an election??

1984ReturnsForReal_2

Yes but No but...

Blacklight

de1amo wrote: »

i am talking about our government who have led us this way -maybe a few are saving but many dont manage to save a bean-as born out of a report before christmaa stating most couldnt afford their credit card debt had no savings and didnt own their own home--the reason the few have been saving is because our governemnt has been unaturally suppressing interest rates by printing money--the worm will turn when they have to pay the debt back and push all taxes and interest rates up--they were touting that this debt will damage the finances of a whole generation and suddenly its smiles and rcovery all around
İs no one surprised this false dawn comes in a run up to an election??

I disagree. For the most part people have been saving and not taking on extra debt for the last eighteen months (there's been no credit to take in fact). When interest rates do rise they'll only rise back to what they were before.

People have been making hay while the sun shines and they all know it'll come to and end.

de1amo

Our governement has been sinking us further into the mire than you will ever be aware of--we are more in debt than Greece and no one will come to our aid!-if you can ignore this fact you can live in your bubble.--when you book your summer holiday you will realise how low our currency has sunk -along with our rating in the world --our debt has to be paid back to outside countries with our 'dead pound--if you believe the propaganda and how well off you are i wish you well but i think its all an illusion
for many many years interest rates never went below 10pc so this low interest society is an anomally of recent times

stueyhants

Blacklight wrote: »

I disagree. For the most part people have been saving and not taking on extra debt for the last eighteen months (there's been no credit to take in fact). When interest rates do rise they'll only rise back to what they were before.

People have been making hay while the sun shines and they all know it'll come to and end.

The stats don't back up this argument

Total debt levels have been increasing, total secured lending on dwellings at the end of January 2010 stood at £1,237bn. The twelve-month growth rate was 1.0%.


Total household debted is still increasing; £1.463 tr in January, £1.46 tr in December 2009, £1.459 tr in November 2009. Link:

http://www.creditaction.org.uk/