Are we REALLY in a Recession? I mean REALLY?

homelessskilledworker

CLAPTON wrote: »

it was reported that maria antoinette didn't read the economic signs quite correctly in 1789

It finally sunk in when she was 5 minutes from getting her head lobbed off

AndyGuil

Let me put it simply.

You ask a question.

Those that replies said yes we are in a recession.

Then you are the only one to say no.

However you conclude that the answer is no.

Despite everyone saying yes.

s_b

MrRee wrote: »

There is indeed ..... money no longer is important to me, as it was when I was younger and struggling to get through.

I don't spend a tenth of what I can earn ..... it is simply not a driving force for me anymore.

And I see no recession where I shop/visit/work ..... not one bit.

as i said to you in post 22
of course you dont see it
your head is too far up an orifice

chewmylegoff

ILW wrote: »

Out of interest, have you seen any evidence of austerity with your own eyes?

Yes, but austerity and recession are not the same thing.

AndyGuil

Officially, technically and in reality there is a recession. Some won't feel it or show it. However they are being eroded away. Others are suffering. This is why trade is massively down and the whole reason why there is a recession.

homelessskilledworker

heathcote123 wrote: »

I think its wherever that homelessskilledworker bloke lives.

:)

I am really counting my blessings because I do know how awful it is for so many people out there.
My personal circumstances is that my turnover is down 25% from peak, which is enough to live comfortably on, and I am grateful for that.
If I stayed in my well to do South Cambs village and never left I would probably come to the same moronic conclusion that there is no recession.

There are a lot of people who are in big trouble out there, homeowners and non homeowners.

MrRee_2

We have yet to see one person post on here who is in an awful mess financially ....... not one!!

Plenty saying that they are doing well, doing reasonable, getting by comfortably ....... some smart 4rses even then add on how they 'think' - yes, think - others are suffering!!

So, as I said - no eveidence at all of any real suffering - 0.1% drop in GDP means absolutely nothing to anyone!! Maybe they bought one less Jelly Baby this week!?

There ain't no 'real' recession at all .... is there?

homelessskilledworker

MrRee wrote: »

We have yet to see one person post on here who is in an awful mess financially ....... not one!!

Plenty saying that they are doing well, doing reasonable, getting by comfortably ....... some smart 4rses even then add on how they 'think' - yes, think - others are suffering!!

So, as I said - no eveidence at all of any real suffering - 0.1% drop in GDP means absolutely nothing to anyone!! Maybe they bought one less Jelly Baby this week!?

There ain't no 'real' recession at all .... is there?

Are you a complete idiot??

So going on your logic you would argue if there was a thread on the staving in Ethopia that it did not exist because they are not posting on here.

DervProf

MrRee wrote: »

There ain't no 'real' recession at all .... is there?

Define 'real' recession, and I'll answer your question.

In the meantime, it seems that you think that a recession means that people should be suffering, and that others should be in a financial mess. It may come as a suprise to you that will always people doing financially well during a recession, just as there will be people who are in a financial mess during a boom.

According to the most recent statistics, there is a recession, albeit a slight one. I wouldn't expect to see lots of people struggling at the moment. I expect there are plenty of people who are, but they don't seem to advertise the fact that they are in financial trouble. Talking to colleagues, customers and friends, I am not at all suprised that the country is technically in recession. A few people I talk to are doing very well, lots are doing OK, some are struggling. I suppose I could just go on the evidence of the restaurant I visited last night, and conclude that everyone is doing well, but I'm a little wiser and better informed than that.

MPD

MrRee wrote: »

To date, I haven't seen a starving Ethopian with an internet connection ......

Yet see everyone in the UK with one.

Well 85% of homes as of last December

http://www.bbc.co.uk/news/technology-16195493