Err,,anyone know why the whole world is in recession?
Genuine question because I don't understand it:o
Is it because the whole world lived on credit and its not there now? Is it the Greens stopping the world buying cars and screwing plastic bag companies and indeed companies generally?Can't they just stick to rubber dinghies annoying Japanese whalers? Anyone know what the hell its all about? Can't just be the banker boys? |
caused by the internet apparently - I'm not sure if that is because the internet allows information to be easily shared, making the economy more global than national, or because 6 billion people spend all day surfing and don't do any work :D
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:D
Bleedin scoobynet.Ruining everyones lives |
why dont the governments simply make more money and use that to help out :wonder: (thats a genuine question)
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i think its caused by flooding our country with immigrants :wonder:
on the news now it says they are going home as they are better off there :thumb: *disclaimer*** i have nothing against a small number of Poles http://www.freefoto.com/images/13/44...-Poles_web.jpg |
Originally Posted by jaytc2003
(Post 8201420)
why dont the governments simply make more money and use that to help out :wonder: (thats a genuine question)
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Originally Posted by jaytc2003
(Post 8201420)
why dont the governments simply make more money and use that to help out :wonder: (thats a genuine question)
When we say we’d like more money, what we’re really saying is we’d like more wealth. The problem is if we all have more money, collectively we’re not going to be any more wealthy. Increasing the amount of money does nothing to increasing the amount of wealth or more plainly the amount of stuff in the world. Since the same number of people are chasing the same amount of stuff, we cannot on average be wealthier than we were before. |
Originally Posted by fast bloke
(Post 8201440)
When we say we’d like more money, what we’re really saying is we’d like more wealth. The problem is if we all have more money, collectively we’re not going to be any more wealthy. Increasing the amount of money does nothing to increasing the amount of wealth or more plainly the amount of stuff in the world. Since the same number of people are chasing the same amount of stuff, we cannot on average be wealthier than we were before.
Example of what Im thinking is say it costs £1 to produce a bank note. Would it not be better for the government to use our money for producing more money to help out the banks etc rather than just using our money directly if you see what I mean |
although more wealth would be nice :D
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Subaru's fault.
They produced a car so hideous, that people the world over stop buying Impreza's. Reccesion follows ;) |
Because the World leaders say so !!!
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if you make more money, and spend it on things, regardless of people or nhs etc, then more money will be in circulation, meaning more people will have more money, so the prices of goods will go up. which in turn will make people no better off it'll just decrease what the pound is worth.
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Originally Posted by lozgti
(Post 8201392)
Genuine question because I don't understand it:o
Is it because the whole world lived on credit and its not there now? Yep |
What goes up: must come down...
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Maybe if everyone (able to work) worked and contributed, and those that do work, worked harder (without going daft) then the country may be in a better state, despite bankers and politicians ?
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In theory. In practice though, itd just give said bankers and politicians even greater opportunities to do more of the same...
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Media! The same thing happens when, there is bad weather. The same thing happens, when a large national air carrier "off-shores" it's maintenance.
If you didn'y read papers, or watch TV, or read online articles, you'd not notice. |
Originally Posted by GC8
(Post 8201756)
What goes up: must come down...
Not always Tax |
Originally Posted by Klaatu
(Post 8201914)
Media! The same thing happens when, there is bad weather. The same thing happens, when a large national air carrier "off-shores" it's maintenance.
If you didn'y read papers, or watch TV, or read online articles, you'd not notice. |
Originally Posted by Klaatu
(Post 8201914)
Media! The same thing happens when, there is bad weather. The same thing happens, when a large national air carrier "off-shores" it's maintenance.
If you didn'y read papers, or watch TV, or read online articles, you'd not notice. Blimey Professor, I actually agree with you on something:D - the media have been hyping this up for about 18 months now. Our PM seems to be coming out of this quite well at the mo (it wont last though). He really is Flash Gordon, 'he saved everyone of us' (well the bankers anyway:lol1: ) I'll get my coat |
Originally Posted by stevebt
(Post 8203129)
What a complete load of bollox, I work on the buildings and its been bad for nearly a year now. This isn't new its just that its starting to hit more people. There are loads more professions which this is hitting as well. I don't read newspapers or watch the news so how come I know about it :cuckoo:
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Too many sheep, and Robin Page has been putting Adnams in the dog's bowl.
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Watching the BBC news tonight, after the closing bell in the USA.
All the Beeb could keep saying was '...FTSE down by biggest margin for 20 years, Japan stocks tumble to oblivion, Asia suffers, etc...' over and over, doom, doom, doom. This was going on for about 20 mins after the closing bell where the Dow was up nearly 7%, the Nasdaq was up 5.5%. Beeb never mentioned those though. (I know the USA will probably be down again tomorrow, but..) For Christ sake, we know it's bad and getting worse, but FFS BBC, just stop going overboard with it. From now on I'll mostly be watching Bloomberg! ;) |
Agreed the press are not helping the situation. But all the buy now pay later culture was always going to contribute to a bust.... Boom & Bust.... You can only do it for so long. I'm in the of "if you want something, save up for it" rather than whack it on a credit card because eventually the spending must stop.
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We now have our "elected leaders" here in Australia considering "unlocking" the nations pension funds to "protect the ecconomy"! WFT!!!
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