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-   -   What are you going to do during the recession? (https://britishexpats.com/forum/spain-75/what-you-going-do-during-recession-549414/)

poshnbucks Jul 16th 2008 9:50 am

Re: What are you going to do during the recession?
 

Originally Posted by andyrich666 (Post 6577841)
Take bigger risks with a higher exposure than I do now probably


Andy..... I see what you mean bigger risks just seen your latest warehouse full of computers..................Luvly Jubbly :rofl::rofl::rofl: Ex Pats will love em.

andyrich666 Jul 16th 2008 10:44 am

Re: What are you going to do during the recession?
 

Originally Posted by poshnbucks (Post 6578607)
Andy..... I see what you mean bigger risks just seen your latest warehouse full of computers..................Luvly Jubbly :rofl::rofl::rofl: Ex Pats will love em.

Alan sugar would be proud of me im sure

jurdyr Jul 16th 2008 11:05 am

Re: What are you going to do during the recession?
 

Originally Posted by poshnbucks (Post 6578607)
Andy..... I see what you mean bigger risks just seen your latest warehouse full of computers..................Luvly Jubbly :rofl::rofl::rofl: Ex Pats will love em.

what speed and chip are thay
chip shop ?

poshnbucks Jul 16th 2008 11:41 am

Re: What are you going to do during the recession?
 

Originally Posted by jurdyr (Post 6578843)
what speed and chip are thay
chip shop ?


Below is best...........................:eek:

poshnbucks Jul 16th 2008 11:43 am

Re: What are you going to do during the recession?
 
Remember not everyone is who they say they are in cyberspace.......:blink:

andyrich666 Jul 16th 2008 11:52 am

Re: What are you going to do during the recession?
 

Originally Posted by poshnbucks (Post 6578917)
Remember not everyone is who they say they are in cyberspace.......:blink:

your having a laugh if you think thats me (the 2nd pic)

wheres my scouser keyboard when you need it !!!!

george43 Jul 16th 2008 7:49 pm

Re: What are you going to do during the recession?
 

Originally Posted by jurdyr (Post 6578579)
what house was crash in two , ?
any photos

:D a little frivolity,why not.

Nice to see some more relaxed posts for a change as opposed to all the doom and gloom.

Splatt Jul 16th 2008 8:47 pm

Re: What are you going to do during the recession?
 
Recession is just a term for the natural economic process of weeding out the idiots and sharing their money out.

I may regret saying that.

Ste.

Ray51 Jul 16th 2008 9:15 pm

Re: What are you going to do during the recession?
 
Yupp !
Once everybody silly enough to have held their overrated squids on deposit in a " top 5 " U.K. bank gets classified as a prime idiot , to whom are their savings then next shared out : the super - Rich , or...?

Rotor Jul 16th 2008 9:17 pm

Re: What are you going to do during the recession?
 
[QUOTE=Splatt;6579931]Recession is just a term for the natural economic process of weeding out the idiots and sharing their money out.

I may regret saying that.

Ste.[/QUOT


Especially if your pension value halves overnight:rofl:

Rgds

Rotor

Solarwhizz Jul 17th 2008 6:12 pm

Re: What are you going to do during the recession?
 

Originally Posted by Fred James (Post 6578491)
What recession? I was not aware that we were yet in recession either in Spain or the UK.

Personally I shall keep drawing the UK pension which is index linked.

Ah Recession, for retirees not a problem, ??

The biggest enemy of us with pensions is inflation (3.8%), and whilst most or all pensions are index linked it is usually capped at a rate P.M,( about 3%).

Inflation = less available cash= industrial unrest for increased pay, = increased prices = less available cash = less purchasing power = less buying = less manufacturing = less jobs = higher unemployment = less available cash = higher interest rates = higher prices =less available cash = and eventually something breaks ( this time round it seems to be the banks running out of funds, coupled by extreme fuel price hikes) and off we go again.

:frown:

Significantly reduce tax on fuel could be a good start ( even just remove tax on commercial transport fuel!!)

Fred James Jul 17th 2008 7:04 pm

Re: What are you going to do during the recession?
 

Originally Posted by Solarwhizz (Post 6583859)
The biggest enemy of us with pensions is inflation (3.8%), and whilst most or all pensions are index linked it is usually capped at a rate P.M,( about 3%).

Yes, some personal pensions are capped but the state pension is not, as far as I know. It went up 3.9% this year.

Solarwhizz Jul 17th 2008 7:57 pm

Re: What are you going to do during the recession?
 

Originally Posted by Fred James (Post 6583934)
Yes, some personal pensions are capped but the state pension is not, as far as I know. It went up 3.9% this year.

Yes agree , but I am not quite there yet!!!:curse:

bil Jul 17th 2008 8:39 pm

Re: What are you going to do during the recession?
 

Originally Posted by Solarwhizz (Post 6583859)
( even just remove tax on commercial transport fuel!!)

Far better to take the damn lorries of the roads and send stuff by rail.

Not going to happen tho as there is too much of a vested interest.

Mitzyboy Jul 18th 2008 12:26 am

Re: What are you going to do during the recession?
 

Originally Posted by bil (Post 6584141)
Far better to take the damn lorries of the roads and send stuff by rail.

Not going to happen tho as there is too much of a vested interest.

Bil, thats crazy talk man!! :D

So, tell me .... whats going to get the goods from rail head to end point?
What would happen to the UK transport industry?
How are we going to build all the new rail infrastructure to take the huge influx of all the road freight?

I worked in the (international) transport industry most of my life and witnessed the attempt to bring cargo from FXT to Landor Street in Birmingham by rail. It caused massive delays in freight arriving. Containers were having to be sent accross country to come via another route.

Its not vested interests, its just impossible.

Just like old Two Jags telling us to use public transport forgetting that some of us lived in areas where there were two busses a day, and anyway if we all did jump on public transport it would be a complete disaster as the system couldn't cope with it!!


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