Doomsday Denial: Collapse 2 looms as UK calm before storm...

Conrad

OP - when I was 6 I heard the story of Chicken Licken. The moral of the story - in any tribe there are always those that claim the sky is falling in. You ought to try and override your Darwinian instincts and see thing sin the round - don't be robotised and imprisoned by your subconscious drivers.

ess0two

RenovationMan wrote: »

I can honestly say that I have never had it as good!

Can relate to this myself,am certainly making holes in my mortgage,that i could'nt 4-5 yrs ago.

Hermanmunster_2

2010 wrote: »

Collapse 2 looms as UK calm before storm...

I would like to know when "collapse 1" happened.

I see people spending like mad,prices going up,new cars costing more yet still being bought,the pubs are packed.
Supermarket trolleys are loaded to the hilt, giant tv sets are the order of the day.
Houses are still being bought,holidays booked.
Borrowing still being done on credit cars,bank loans etc.
Idiot officials advising savers to spend,spend,spend.
Banker`s still getting fat bonuses for doing next to nothing.

If that was "collapse 1" then "collapse 2" should really put the country back on it`s feet!

You must live in a different country to the rest of us as I see business closing all over, empty pubs boarded up and shops closing left right and center.The same houses for sale for months on end.Supermarket trolleys are full because people have to eat or they die. They are borrowing on credit cards because the real money has run out.

Idiot officials and fat cat bankers will always be there it’s the nature of the beast!


For the rest of us in the real world it is going to get tough ,real tough.

Loughton_Monkey

The BBC don't advertise, do they? This piece was an advertisement for a new book. One of the authors (99 to 1 on) has a brother in law in the BBC, nicely 'oiled' to commission the "News Story" [forgive my inaccuracy, but I'm struggling for the right word].

All that was required, then, was to send the reporter out on the street, to interview 50 people. Ten of them could not string more than two words together. 30 of them said "What recession?" But the other 10 provided enough quotes for the piece.

Does anyone remember the period of at least 2 months, not long after Northern Rock, where the BBC's anal fixation was 100% on the "Credit Crunch" and spent the entire time trying to focus on people who "cannot afford their mortgage any more" and will be evicted. They seemed not to have the first clue that existing mortgagees were one of the few groups 'laughing' at the time [well, not crying as much anyway]. Did not seem to appreciate the plight of those who couldn't get a mortgage any more.

2010

Hermanmunster wrote: »

For the rest of us in the real world it is going to get tough ,real tough.

But when?

I keep hearing how tough it`s going to get but it never seems to happen.
I sometimes can`t believe my eyes and ears when I go out and about.
The way people are behaving there`s no way there`s ever been a "credit crunch", recession,"collapse 1",dip,double-dip,etc.
I don`t see people outside homes with all their belongings on handcarts.

What I do see is people spending like crazy whether they can afford it or not.
What you will also see this coming Christmas is record spending on "must have" (but don`t really need) products.
What you will also hear,yet again, is whining retailers saying how tough things are out there but also raking in massive profits.

Next time you go into a supermarket look in people`s trolleys, if you see one without an alcoholic drink of some description it will be a rarity.
Look at the queues in newsagents and supermarkets for lottery tickets.

It`s you that needs to get out in the real world and open your eyes a bit more because what I see is people behaving the same as ever.

Bad times have been and are promised but as usual these politicians can`t deliver.

Hard times

---

C.Dickens is turning in his grave.

2010

PS

Look up towards the sky on the days around November 5th and see how much people are really hurting in your "real world".

Money to burn no money for bills.

2010

PPS

Have you ever been at home when they come round to empty the wheelie-bins and you hear tremendous crash after crash of empty beer bottles,cans,wine bottles,etc. into the wagon.

Street after street,house after house,millions of bottles and cans every week.

That`s really how hard up everyone is in your "real world".

Pete111

RenovationMan wrote: »

Sounds to me that a lot of people are drowning their sorrows with all that alcohol and are desperately buying lottery tickets to get themselves out a financial hole.

Then again, I'm more of a Glass is half empty sort of bloke.

Hmmm a glass half empty bloke who has 'never had it so good'

Wow things MUST be rosy!!!

(I'm in your boat TBH RM - if this is a recession, I'll have some more please!!)

bendix

Me too. Never had it so good. Good income, very high savings levels, no noticeable inflation on the things that I'm interested in buying.

Recession, what recession?

Herbie_Hancock_I_wish

RenovationMan wrote: »

As long as you have job security, recessions are an advantage to further your financial goals. My personal glass is half-full at the moment, but my view of the country at large is half-empty.

Agree. After to days news more people are feeling scared with job cuts.Older people like myself, invested into retirement accounts only to see annuities badly slashed. Savings doing naff all. To top it business is appalling. Talking to customers who have shops. I think that some will chuck it all in very shortly. I have somewhere over 250 customers, many now dormant. Not the prettiest picture.