Yup, the economy is not shrinking yet but it’s also not growing at the pace of everyone else so it is shrinking in the global marketplace.
It's also shrinking in real terms against inflation. Narrowly avoiding a recession is nothing to celebrate.
Yup, the economy is not shrinking yet but it’s also not growing at the pace of everyone else so it is shrinking in the global marketplace.
Come Oct/Nov there will be huge unrest. Reality hasn't set in still, but it will. Whether it will amount to much or whether anything is set in place to assuage the public remains to be seen.
The reality for many is it be a matter of can't pay rather than won't pay. Wait til the increase in Januarys increase hits. That's when I imagine civil unrest will start happening
Yup, todays rises hit hard but are manageable, but the Jan and April rises is where I feel even normal, middle-income people are going to start to go into a debt and we'll see riots not seen since the Poll Tax riots
Avoiding a recession (so far), cities not being trashed in riots etc etc - 'not a thing to celebrate' say the doom scrollers.
Unbelievable.
Isn't it obvious why this hasn't happened? Because the government has stepped in with the price cap. If they didn't I think we'd be seeing a very different picture. The April rise is going to sting again, but the government are counting on the Ofgem cap in July to bail them out. We can only sit and watch how people are going to cope with the £3000 cap come April, but overall bills should be already coming down by that point because of warmer weather so we're less reliant on gas
Scrapping the metric system being on the cards is something else to celebrate, no?
The government was always going to intervene and some of those posts were after the intervention.
Avoiding a recession (so far), cities not being trashed in riots etc etc - 'not a thing to celebrate' say the doom scrollers.
Unbelievable.
Its as bad as it could have been. But come on. Its not a reason to celebrate.
Country is on the decline. We have a public sector understandably wanting pay increases, nhs that's falling apart and little spare cash for any big projects. Small businesses closing rapidly and national debt that's growing year on year.
More and more people are falling into heat or eat. We are on 50/50 as to whether next winter will be worse.
Country is strapped for Cash basically. Both nationally and individually
I don't see any reason to celebrate.
This is pure revisionism - none of the stuff on my earlier list came true and changing the goal posts doesn't change that.
If you don't think that pensioners not having to sit on buses all day to avoid freezing or riots not happening is a good thing then that says more about you than anything else.
This is pure revisionism - none of the stuff on my earlier list came true
It's just his normal trolling to try and get a reaction.That revisionism on your part. We made these predictions with the information we had at the time, things have obviously changed thank god. But I still stand by that if things happened as it was projected at the time, then there would have been civil unrest. The intervention by the government prevented that, they knew what we knew and made moves to stop it.
Not sure what points you think you're trying to score here, it's a **** show either way!
Learn to read before you contribute.Well done you quoted me from August prior to the announcement of a price cap. Round of applause for you sir.
It's just his normal trolling to try and get a reaction.
That's revisionism on your part. We made these predictions with the information we had at the time, things have obviously changed thank god. But I still stand by that if things happened as it was projected at the time, then there would have been civil unrest. The intervention by the government prevented that, they knew what we knew and made moves to stop it.
Not sure what points you think you're trying to score here, it's a **** show either way!
I said 'some' and we knew the govt was going to intervene but the announcement was delayed by the leadership election.
Just for clarity - I searched for 'civil unrest' to get those posts - I'm sure there are many other doom scroller phrases that would have pulled up just as many inaccurate and hysterical posts.