Credit Crunch Return ???

Rainy-Days

We are in stagflation make no bones about it - stagnant economy and soaring inflation. They won't chuffin admit to it though! WE all knew it for a long time how muc things have been going up but what we have to spend in our wallets/purse has been shrinking fast.

Switzerland is the most stable economy in the world. It does not fight in wars, it has a stable economy, it is not in the Euro, it asks it's people each year in a referendum their opinions and and by and large the people are financially well off and the country is by virtue of the Swiss Franc very stable. So if they can be like that then why not Britain why has no numpty in parliament twigged on to their success and improvised it here?

COOLTRIKERCHICK

Butterfly_Brain wrote: »

The trouble is the Politicians don't want to put their necks out and too many rich business men (including farmers) want cheap slave labour from abroad

we can easily solve thius problem... get people who are in jail to work on the farms etc for free... instead of sitting infront of tv's playing expensive computer games. and moaning that their food isnt up to scratch... :mad: let them do hard work as part of their punishment...but i expect this would be a topic for a diff thread:rotfl:

Rummer

I think there are many simplistic ways in which the situation could be dramatically improved but they are being over looked and many people are being forced to struggle on as best they can.

Personally I am reluctant to start buying in extra food as I would rather have the cash ready for any emergency, the unforseable ones are the ones that stress me the most, like the car dying or problems with the house. This year we tried to grow our own food however the attrocious weather meant that we lost almost all the things we planted and as a result all we had was soft fruit and herbs, which did save us quite a bit but not as much as we hoped. We have however changed our eating habits to reduce costs and no longer eat meat.

Farway

COOLTRIKERCHICK wrote: »

we can easily solve thius problem... get people who are in jail to work on the farms etc for free...

And what would you then do with the "idle scroungers", AKA ex farm labourers who lost their jobs as slave labour took over?

COOLTRIKERCHICK

Farway wrote: »

And what would you then do with the "idle scroungers", AKA ex farm labourers who lost their jobs as slave labour took over?

mmm ok if you are on the dole for x amount of time ( years) get them in the fields to work...

I think i am going to quietly stock up on such things like loo rolls, washing powder, tinned and dry goods.... so then in the future when things get even tighter, at least my more of my money will be able to go on food...

but as Rummer have pointed out too....we need to keep more money aside for htose hidden emergencies, plus all the utility and fuel hikes..seems as though what ever way you try and organise yourself for the turbulant months/years ahead....there will allways be something that will catch you out...

Lizling

ceridwen wrote: »

I believe Britain is either the most overpopulated or second most overpopulated country in the world???

We're only about 53rd. About 35th if you don't count territories like Hong Kong.

http://en.wikipedia.org/wiki/List_of_sovereign_states_and_dependent_territories_by_population_density

E.g. Macau 48,000 people per square mile
Singapore - 18,513 people per square mile
Britain - 660 people per square mile




Edit: I'm assuming you mean highest density of population because I'm not sure how else you'd quantify over-populated.

scottishminnie

Rainy-Days wrote: »

I don't think people at local bank level see those bank workers as the big bad baddies Scottishminnie, it's the people at the top of the chain in the City fo London's financial markets who they are taking aim at becaus eit is their recklessness and directions that have filtered down.

If only everyone saw it that way. I work in a "head office" type division so not a branch but a big bank building nevertheless. In the early days after the first bubble burst I (and many others) were verbally abused and had the joy of being spat at by people who had taken to hanging about outside these buildings to have a go at us. The apalling thing was it wasn't teenage yobbos, some of them were pensioners and mostly middle class who hurled obscenities as we tried to enter the building. If I'm asked by someone I meet what I do for a living my answer is "I'm a project manager", I never tell anyone I work for a bank now.

notatvstar

I think some of us are skirting around a dangerous pothole... It's too easy to blame the Poles. They are in fact all leaving at the moment due to our economy going bum over boob. Even though I'm fortunate enough to have never signed on my Dad did when he left the army. It nearly destroyed him. It wasn't easy finding a job in Yorkshire during the Miners Strike. Especially if you were ex Armed Forces (being a Scab and the like...), so I won't judge anyone who signs on. Nor would I judge an economic migrant.

What's happening here isn't due to over population - it's due to a Global economic correction. I think one of the few countries not adversely affected by this is New Zealand, as they got rid of their national debt a while a go. It's true they had to almost remove all state benefits and increase taxation to a near crippling level - but it was a policy that has played out well for them in the long term. I think the UK Govnt can't do it here as people are squealing already about pensions and job cuts (which they are entitled to do!), but we have to be realistic.

Living beyond our means got into the national psychi - it has become the norm. I am unusual when compared to my friends as I've never taken out a loan, and I never intend to. I only got my credit card for work purposes! I cannot stand debt and my OH finds it difficult to deal with as he's used to living on the edge of his overdraft and credit card limit.

We need to allow this 'correction' to happen and then we need to realise that borrowing money to pay off another debt is a bit wrong...

notatvstar

scottishminnie wrote: »

If only everyone saw it that way. I work in a "head office" type division so not a branch but a big bank building nevertheless. In the early days after the first bubble burst I (and many others) were verbally abused and had the joy of being spat at by people who had taken to hanging about outside these buildings to have a go at us. The apalling thing was it wasn't teenage yobbos, some of them were pensioners and mostly middle class who hurled obscenities as we tried to enter the building. If I'm asked by someone I meet what I do for a living my answer is "I'm a project manager", I never tell anyone I work for a bank now.

I bet all those middle class peeps wanted a good return on their investments when they first handed over their money. I mean, what did they expect? Increase yield only comes with increased risk. I'm sure they'd be happy with the banks if they had pulled their funds out before the 'crunch' happened.

ceridwen

Farway wrote: »

And what would you then do with the "idle scroungers", AKA ex farm labourers who lost their jobs as slave labour took over?

My suspicion is that we have VERY few farm labourers indeed these days - courtesy of mechanisation on the one hand and immigrants on temporary work contracts on the other hand. So - I doubt any farm labourer would be displaced in the event I have to say...