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GDP figures expected to show the UK economy has slowed
Comments
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Blacklight wrote: »Confirmed +0.2%
That's getting worryingly close to zero. And seeing as these are preliminary figures they could quite easily be revised downwards. Although I'm sure there will be some creative figure work there to make it appear the UK will be heading off a recession.
What figures were all these economic expert think tanks blurting out again?0 -
yes, because the main problem with this country's economy is related to the few people who over extended themselves financially. nothing to do with bankers throwing caution to the wind or governments building up a huge debt during a boom when they should have been paying it down.
yes lets start at the bottom of the problem and work up. :rotfl:
Loans cannot be forced on people, they wanted and took them with their own free will.
The government gave people what they wanted.
Blame is all ways. The banks, the government and the populace are all to blame. Take your responsibility for this and the consequences. It's not someone's fault, it's our fault. Lets sort it, but not with the same error.0 -
Graham_Devon wrote: »It's no real surprise. There is nothing in the economy to push us ahead and provide real growth at the moment.
People are reigning back any spending they were doing due to rising costs, which are set to rise further, while they "suffer" low, or no wage increases. Theres only so far a pot of money can go, and the pot for most is decreasing.
Meanwhile, we are, it seems, at crisis point continually at the moment, with the Euro and the US, both in the same kinda boat, both trying to fix debt problems with more debt, and investors shouting hooray one day, and "uh ho" the next. Doesn't help investment.
Did you see this bit on the BBC site?The ONS said that growth had been slowed by some one-off factors such as warm weather and the effects of the Japanese earthquake and tsunami.
Why don't you make a joke about the weather? It'll cheer us all up and it never stops being funny.0 -
Ah, but lots of special factors. So now we're expecting about 1% next quarter. Possibly.Weak. But pretty much as expected.
What's the betting this 0.2% gets revised down to 0.1% later."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
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Graham_Devon wrote: »Why not argue my point if you feel it's wrong?
Spoilsport! If you won't do your weather affected stand-up routine what about the sketch involving iphones and lcd tvs?0 -
Loans cannot be forced on people, they wanted and took them with their own free will.
The government gave people what they wanted.
Blame is all ways. The banks, the government and the populace are all to blame. Take your responsibility for this and the consequences. It's not someone's fault, it's our fault. Lets sort it, but not with the same error.
I take it that you are either:
a renter who is saving up a 100% deposit on a house and will not need a mortgage.
living with mum and dad and has no inclination to leave and will inherit their house when they pop off.
someone who has paid off their mortgage and has forgotten that he had to take out a mortgage to do it but was fortunate not to get into any financial problems while he had the debt.0 -
Loans cannot be forced on people, they wanted and took them with their own free will.
.
True, but I bet the post man's back is a lot less troublesome these days, not to mention the day time[STRIKE] brainwashing [/STRIKE] advertisements.'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 -
I take it that you are either:
a renter who is saving up a 100% deposit on a house and will not need a mortgage.
living with mum and dad and has no inclination to leave and will inherit their house when they pop off.
someone who has paid off their mortgage and has forgotten that he had to take out a mortgage to do it but was fortunate not to get into any financial problems while he had the debt.
Comes over to me as someone who is very jealous of the parents.'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 -
0.2%, totally as expected. Any hoping for a rapid boom is going to be disappointed, even if Nu Nu Labour were in we aren't going to see a booming economy for a while.Faith, hope, charity, these three; but the greatest of these is charity.0
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