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GDP collapses

24

Comments

  • Gwendo40
    Gwendo40 Posts: 349 Forumite
    GreatApe wrote: »
    Yeah if only they had listened to you we wouldn't be in this mess of being one of the worlds richest and most productive nations a great place to live and be free.


    Good to see our resident govt propaganda bot has discovered this thread.

    I genuinely can't tell if your deluded to the point of requiring some kind of counselling or if you just have a wickedly ironic sense of humour.
  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    "f*cking up the country causes GDP decline shocker"

    The Express, probably.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    Gwendo40 wrote: »
    Good to see our resident govt propaganda bot has discovered this thread.

    I genuinely can't tell if your deluded to the point of requiring some kind of counselling or if you just have a wickedly ironic sense of humour.


    By any real metric this is a great country and the world is moving to a better and better place. Most the problems we face are manufactured propaganda by fear mongers who are either stupid or want to paint a false picture for their own ends

    The UK is a great nation with high wages full employment and lots of freedom an opportunity.
    What more the future is looking like its going to be even better still

    Don't be a pawn in other peoples propaganda wars things are good things are very very good
  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    venison wrote: »
    GDP has collapsed in Q1 2018 to just 0.1%, poor performance in the construction side being one of the excuses peddled out.
    The B of E had pencilled in 0.3% in its inflation forecast.

    For goodness sake the GDP has not collapsed, and when it is revised it will no doubt be a rise. And regardless, everyone I know is flourishing, work coming in and rents are being paid, even increased. So please do not start wishing for a recession just because some of you are just not savvy or clever enough to buy your own home and bitterness has made you want ill and misfortune of your betters.
  • If Corbyn becomes PM, God forbid, we will see exactly what a GDP collapse looks like. And a sterling collapse to boot.

    And the tories grand idea of a referendum didn't cause a massive fall in sterling?
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    Project Fear really is a miserable collection of bottom-feeders who can't bear losing.

    It's such fun that they did.

    You know they're desperate when the best they can come up with is that preliminary GDP figures "only rose a bit". Lawksamussy! The sky's falling on my head! and other garbage that such characters trot out whilst they run around skwarking mindlessly.
  • Or could it be that 8 years of austerity are now coming back to bite the tories on the rear end?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Gwendo40 wrote: »
    Did try to warn them of what?... That printing hundreds of billions of pounds, slashing IR's and then holding them at ''emergency levels'' for a decade, creating record levels of all forms of debt, all in order to prop up and further inflate a property bubble, might not necessarily be a great idea?

    Yes, you're quite right, we DID try to warn them.:rotfl:


    Hamish wasn`t too bothered by all that, until the Aberdeen property market went pop :rotfl:
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    venison wrote: »
    Or could it be that 8 years of austerity are now coming back to bite the tories on the rear end?

    8 years of trying to spend something a little closer to what we actually have to spend you mean? Yeah sounds like a terrible idea.

    Last time I looked MoneySavingExpert didn't recommend wildly overspending until you're massively in debt you can't afford to pay back.
  • corf999
    corf999 Posts: 348 Forumite
    Did we really have Austerity? We are still spending more than we earn. We are still not in a sustainable position thanks to the mess that Gordon Brown left with a yearly overspend of £100b+
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