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British economy continues to slide

British economy continues to slide

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Old Dec 7th 2012, 3:04 pm
  #76  
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Default Re: British economy continues to slide

Originally Posted by Bibbs
All I see is a dip in the very early 80's where they went from being priced out the markets due to the Unions, and then a strong rebuild afterwards.

It was bigger when she finished being PM than when she started.

It's bigger now, than it was then.

"decimated" indeed. But don't let facts get in the way of a good rant.
Thatcher took power in May 79 GDP went from Q2 1979 +4.3% to Q3 1979 -2.4%.I kid you not

http://www.guardian.co.uk/news/datab...-thatcher-data
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Old Dec 7th 2012, 8:17 pm
  #77  
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Default Re: British economy continues to slide

Originally Posted by papilon
Do you work in the finance sector in Sydney?
the financial sector in sydney has greater prudential regulation.
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Old Dec 7th 2012, 10:05 pm
  #78  
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Default Re: British economy continues to slide

Originally Posted by BadgeIsBack
They're all as bad as each other - only the Australian economy is not on austerity measures....yet!
The Australian Economy may not be, but being two ordinary people in Perth supporting a large family... We are
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Old Dec 7th 2012, 10:28 pm
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Default Re: British economy continues to slide

Beans Beans Good for the Heart.

Could be worse - could be a Sydney house price you are paying for.
Originally Posted by eddie007
The Australian Economy may not be, but being two ordinary people in Perth supporting a large family... We are
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Old Dec 7th 2012, 11:26 pm
  #80  
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Default Re: British economy continues to slide

Originally Posted by eddie007
The Australian Economy may not be, but being two ordinary people in Perth supporting a large family... We are
thats the trend happening. people are afaid to spend these days.
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Old Dec 7th 2012, 11:41 pm
  #81  
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Default Re: British economy continues to slide

Originally Posted by commonwealth
thats the trend happening. people are afaid to spend these days.
Not "afraid" to spend mate... Can't spend what I haven't got.... Actually, no, that's wrong... WONT spend what I haven't got in spite of having access to thousands of $$$$$$$ on credit.... Won't go there .....
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Old Dec 7th 2012, 11:58 pm
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Default Re: British economy continues to slide

Exactly people are not splurging on credit and have gone back to basics. Frustrating for banks and short termist politicians but good for the long run.

Originally Posted by eddie007
Not "afraid" to spend mate... Can't spend what I haven't got.... Actually, no, that's wrong... WONT spend what I haven't got in spite of having access to thousands of $$$$$$$ on credit.... Won't go there .....
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Old Dec 8th 2012, 12:09 am
  #83  
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Default Re: British economy continues to slide

Originally Posted by IvanM
Exactly people are not splurging on credit and have gone back to basics. Frustrating for banks and short termist politicians but good for the long run.
Were we frustrating banks? we used to spend our excess income.... Now we have no excess income.....
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Old Dec 8th 2012, 12:19 am
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Default Re: British economy continues to slide

Right now Banks make more from lending and are geared to lend. They need to change and make better savings products.

Originally Posted by eddie007
Were we frustrating banks? we used to spend our excess income.... Now we have no excess income.....
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Old Dec 8th 2012, 12:46 am
  #85  
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Default Re: British economy continues to slide

Originally Posted by IvanM
Right now Banks make more from lending and are geared to lend. They need to change and make better savings products.
Yup... And we would STILL be very unhelpful coz we don't have any of them anymore either
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Old Dec 8th 2012, 1:50 am
  #86  
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Default Re: British economy continues to slide

well the retailers are crying and dying, they are the victims of this saving thing.
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Old Dec 8th 2012, 1:53 am
  #87  
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Default Re: British economy continues to slide

Originally Posted by eddie007
Not "afraid" to spend mate... Can't spend what I haven't got.... Actually, no, that's wrong... WONT spend what I haven't got in spite of having access to thousands of $$$$$$$ on credit.... Won't go there .....
Wise move. If only folk would go on a spending strike and enforce a return to reality prices.....
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Old Dec 8th 2012, 1:59 am
  #88  
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Default Re: British economy continues to slide

Originally Posted by steve`o
overly powerful unions f**ked british manufacturing
priced everyone out of work
I worked in factories when at uni...was never over paid I can assure you. Struggled to pay the rent at times living in bedsitters and studios.....
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Old Dec 8th 2012, 2:30 am
  #89  
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Default Re: British economy continues to slide

Originally Posted by commonwealth
the financial sector in sydney has greater prudential regulation.
So career in the CITY didn't work out for you, shame, explains the bitterness though
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Old Dec 8th 2012, 3:10 am
  #90  
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Default Re: British economy continues to slide

Originally Posted by steve`o
overly powerful unions f**ked british manufacturing
priced everyone out of work
http://www.dailymail.co.uk/debate/ar...t-Toyotas.html
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