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So when do you reckon we can say we're over the worst?

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Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Today.

    That budget was great.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Wookster
    Wookster Posts: 3,795 Forumite
    We'll be over it when the biggest systemic risk (sovereign debt) to the economies has been managed through fiscal retrenchment.

    Of course there might be another risk at that stage.

    (Well I wouldn't be me if I didn't say that!)
  • abaxas
    abaxas Posts: 4,141 Forumite
    I'm putting myself in the 'never' camp.

    Do people actually think we can compete with places where the level of skill is higher, they have natural resources and wages are much less than we pay.

    Unless we are willing except a lower standard of living, we cannot survive as we are. Hence why I beleive it will never happen.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    abaxas wrote: »
    I'm putting myself in the 'never' camp.

    Do people actually think we can compete with places where the level of skill is higher, they have natural resources and wages are much less than we pay.

    Unless we are willing except a lower standard of living, we cannot survive as we are. Hence why I beleive it will never happen.

    Where is that?
    '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
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    spadoosh wrote: »
    I think half past!

    I think you are forgetting half time?
    We'll be over the worst (or right in the worst of it) shortly after 3pm tomorrow by my reckoning about 3.20pm (that's 1.30pm kick off, 90 mins plus say 5 mins injury time plus 15 mins half time)

    It is a 3pm kick off mate. Therefore 3.45ish is HT, 4.00ish 2nd half, 4.45ish injury time/squeky bum time begins, period of enlightenment & knowledge at 4.50ish.

    Dunno why people query anything I post on here...;)
    Unless all of you are chucky...:D
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • abaxas
    abaxas Posts: 4,141 Forumite
    StevieJ wrote: »
    Where is that?

    India, China, Malaysia (keen on electronic engineering) etc etc
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    abaxas wrote: »
    India, China, Malaysia (keen on electronic engineering) etc etc

    Really, don't think so.
    '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
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    abaxas wrote: »
    India, China, Malaysia (keen on electronic engineering) etc etc

    Average over the population, I would say that is a big no.
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    spadoosh wrote: »
    I think half past!
    We'll be over the worst (or right in the worst of it) shortly after 3pm tomorrow by my reckoning about 3.20pm (that's 1.30pm kick off, 90 mins plus say 5 mins injury time plus 15 mins half time)
    lemonjelly wrote: »
    I think you are forgetting half time?



    It is a 3pm kick off mate. Therefore 3.45ish is HT, 4.00ish 2nd half, 4.45ish injury time/squeky bum time begins, period of enlightenment & knowledge at 4.50ish.

    Dunno why people query anything I post on here...;)
    Unless all of you are chucky...:D

    I'm requoting this purely because it is the most essential post in the thread...:D
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • Pennywise
    Pennywise Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Really2 wrote: »
    Average over the population, I would say that is a big no.

    And what particular "skills" do the average Briton's possess may I ask? It seems that the majority of the UK's working age population are either completely unskilled, i.e. living on benefits or working in unskilled occupations, or semi-skilled at best. I am fully aware that a lot of our workforce is highly skilled but it is really reasonable to think that some highly skilled Britons can carry the majority of the unskilled and non-working ones? I don't think so.

    I can't see the UK (or in fact most of the Western economies) ever returning to their former economic glory. The best we can hope for is to try to keep things from getting too bad. We've basically been living on the momentum of the successes of our forefathers who really were innovative and skilled, but today, we've really not got a lot going for us at all. I fail to see why we think that the average person in the UK has some form of "right" to be better off that the average person in China or India or wherever - the global economy will have a balancing-out effect - that means, here in the UK and other Western countries, the "average" person is going to continue to be progressively worse off and the average person in developing countries and emerging economies will continue to progressively better off. It's an impossibility that we'll all be better off throughout the world - wealth is relative - if one group is going to be better off, another will have to be worse off to balance out.
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