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The best we can hope for is a slow protracted recession (called a depression). It will last at least until the end of our lives (which will be much shorter).
Society will become poorer and poorer and more desperate. It is unlikely that the UK will be able to feed, heat or house its massive population. There will be less and less employment for ever dwindling wages. There will be no benefits, just soup kitchens to feed the starving. The party is over I'm afraid. It was good while it lasted, but it was always going to end - it was just a matter of when. Well 'when' is with us. The slide has begun. This is what Mervyn King was alluding to. He knows the game is up - and so do we. What you need now is a gun. A gun to protect your home and family. While life is worth living - then live it. When it's no longer worth living - then use the gun just one last time. Joe-90 is never wrong. I wish I was.
Society will become poorer and poorer and more desperate. It is unlikely that the UK will be able to feed, heat or house its massive population. There will be less and less employment for ever dwindling wages. There will be no benefits, just soup kitchens to feed the starving. The party is over I'm afraid. It was good while it lasted, but it was always going to end - it was just a matter of when. Well 'when' is with us. The slide has begun. This is what Mervyn King was alluding to. He knows the game is up - and so do we. What you need now is a gun. A gun to protect your home and family. While life is worth living - then live it. When it's no longer worth living - then use the gun just one last time. Joe-90 is never wrong. I wish I was.
S
Susiejb
OMG Joe.....there is always a bright side to life too you know ...... 'every dark cloud has a silver lining' still loads of good things to feel good about.
smile
smile
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OMG Joe.....there is always a bright side to life too you know ...... 'every dark cloud has a silver lining' still loads of good things to feel good about.
Will you smile when the marauding gangs break into your house and steal the last of your food? And take your dog for dinner?
S
Susiejb
Haven't got a dog...would the budgie do
The best we can hope for is a slow protracted recession (called a depression). It will last at least until the end of our lives (which will be much shorter).
Society will become poorer and poorer and more desperate. It is unlikely that the UK will be able to feed, heat or house its massive population. There will be less and less employment for ever dwindling wages. There will be no benefits, just soup kitchens to feed the starving. The party is over I'm afraid. It was good while it lasted, but it was always going to end - it was just a matter of when. Well 'when' is with us. The slide has begun. This is what Mervyn King was alluding to. He knows the game is up - and so do we. What you need now is a gun. A gun to protect your home and family. While life is worth living - then live it. When it's no longer worth living - then use the gun just one last time. Joe-90 is never wrong. I wish I was.
When will we notice a difference?
You've seen too many repeats of Waterworld and Mad Max.
I think he's a descendent of "Job's Comforter" and he's never got over losing all those sheep, oxen, and camels in his former life
Maybe we should re christen him
I'm very interested in your analysis Joe. Can you explain how you have come to that conclusion? Facts, figures and balanced analysis of gains/losses etc?
I would like to know more about how my impending doom is set to come about.
Joe may be overdoing it slightly. However, what's to stop us all going back to being as poor as people always used to be? Why couldn't we go back to Victorian levels of wealth distribution, where 85% of the population lived hand-to-mouth in poverty? All this whilst we had an empire, were an economic and industrial force to be reckoned with, and were expanding all the time.
It's only since the Thatcher era that some of the spoils were spread around a bit. Free up banking and finance, splash around some borrowed money. Everyone's houses tripling in value in ten years. Let the good times roll.
The simple fact is we can't afford ourselves any more. The majority of Brits are slowly but surely getting poorer. Our national borrowings are at record levels, but we are stagnating. Third run of printing money, near-zero interest rates. Still the economy flat lines. We will eventually need to cut as hard and fast as Greece.
At least other european countries are in the same boat. Even the stronger Euro countries are at risk, because if Germany has to prop up failing Euro countries it will go bust, and if Greece is allowed to default, then France will go belly up. It's banks have lent to the Greckos in a big way.
Joe may be over-cooking it, but we're getting poorer all the time. People may have a similar income, but what it buys gets less and less each month. I'm not buying a gun, but investing in a few acres somewhere with it's own water supply might not be a bad idea.
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Did you watch those two videos about how the banking system works? How 95% of 'money' is really a promise, an I O U? It's all to do with oil - and we knew it was coming. I've been saying so since the day I joined this forum.
When the price of oil rises - then the price of everything rises, but our ability to earn (export) as a nation falls. Our ability to repay loans becomes impossible. Our borrowing ability collapses.
Watch the videos and then get back to me.
