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The Artful Todger
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The Artful Todger is offline
Suffolk UK
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12-08-2020, 03:15 PM
21

Re: Uk in Recession.

Gold is going to be king.
Donkeyman
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Donkeyman is offline
Melton,United Kingdom
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12-08-2020, 04:43 PM
22

Re: Uk in Recession.

Originally Posted by Aerolor ->
I agree Swimfeeders and I feel so sorry for the younger generations. They won't even be able to go into Europe easily.
Why not Aerolor?
Yhey still have their credit cards dont they?
Nothing will change for them!
All ready impatient to start again from what lve seen

Donkeyman! 😟😟
Donkeyman
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Melton,United Kingdom
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12-08-2020, 04:59 PM
23

Re: Uk in Recession.

Originally Posted by Aerolor ->
We can't go back to basics. Our manufacturing base has all but gone - destroyed by Maggie who thought we would be fine without it because we would manage as a finance hub and thrive on service industries.
Our manufacturing was destroyed by Maggie as you say Aerolor!
But also by militant unions and business owners who were unwilling
to reinvest in their businesses due to the fact that more money could
be made from stocks and shares, and more easily?
Hence the big british sell off !!
The primary reason for this was of course the militant unions !!

Donkeyman! 👎😟👎
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Morticia
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Morticia is offline
England
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12-08-2020, 05:07 PM
24

Re: Uk in Recession.

Originally Posted by Donkeyman ->
As you say Swimmy, only to be expected, if people stay at home
then eventually the economy will suffer?
What was not expected was the the reluctance of quite large
numbers of workers and worker unions to resume work again?
I see no reason for this tardiness as the precentage of deaths
among the under seventies is negligible , and so even if they
contract corona they will not suffer any lasting effects from it?
The over seventies have only to carry on following the advice they
have been for the past few months untill things stabilize!!
Just my take on this issue? I might add that l am well into my
eighties and so cannot be accused of bias in any direction !!

Donkeyman! 😇😇
It makes you wonder whether they ought to have simply let the NHS run hot ... stick to social distancing and advised the elderly and vulnerable to self isolate.

The cost of averting a corona disaster is proving more damaging than the virus itself.
Donkeyman
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Donkeyman is offline
Melton,United Kingdom
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12-08-2020, 05:07 PM
25

Re: Uk in Recession.

Originally Posted by The Artful Todger ->
Gold is going to be king.
Looks possible Todger!
Its allready at record levels, but l expect some fluctuations as
investors take some profit occasionally?
Could be good for a small investment l think?

Donkeyman! 👍👍
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JBR
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Cheshire, UK
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12-08-2020, 05:10 PM
26

Re: Uk in Recession.

Originally Posted by swimfeeders ->
The problem we now have is that highly skilled jobs, like engineers are now going.

We are losing skills we cannot replace.

We are now losing highly skilled engineers and Tradesmen who have been poorly paid and unrecognised for decades.

Apprenticeships are highly valued in other Countries, not here.
I agree.

Two things are needed:

We need investment in manufacturing industries, just as we used to have before the EU moved them all to East Europe. This will also be to our advantage as more and more people are preferring to avoid buying Chinese-made goods and those made in the EU. I think that many, if not most people would buy British-made goods again even if they cost a little more.

The other need is for training. We could immediately ditch most of our third-rate 'universities' which teach 'mickey mouse degrees' and replace them with the equivalent of the old technical colleges training engineering and similar skills.
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JBR
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JBR is offline
Cheshire, UK
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12-08-2020, 05:15 PM
27

Re: Uk in Recession.

Originally Posted by Donkeyman ->
Our manufacturing was destroyed by Maggie as you say Aerolor!
But also by militant unions and business owners who were unwilling
to reinvest in their businesses due to the fact that more money could
be made from stocks and shares, and more easily?
Hence the big british sell off !!
The primary reason for this was of course the militant unions !!


When you see people blaming Maggie and failing to even mention the unions, it is clear where their loyalties lie!
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Longdogs
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Longdogs is offline
SW England
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12-08-2020, 05:58 PM
28

Re: Uk in Recession.

Originally Posted by Silver Tabby ->
We've been there before - we'll beat it!
It's all just a load of numbers. I have seen recessions come and go but nothing really changes. I think we have more pressing problems to deal with.
The Artful Todger's Avatar
The Artful Todger
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The Artful Todger is offline
Suffolk UK
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12-08-2020, 06:13 PM
29

Re: Uk in Recession.

'Ware Stagflation. With horribly distorted world markets especially the essentials that the UK needs Stagflation could very easily break out. That along with the perilous state of UK society could very easily put the cat amongst the pigeons.
Donkeyman
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Donkeyman is offline
Melton,United Kingdom
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12-08-2020, 07:01 PM
30

Re: Uk in Recession.

Originally Posted by JBR ->


When you see people blaming Maggie and failing to even mention the unions, it is clear where their loyalties lie!
Yes JBR,I was never really a union member but l saw the lengths that
unions would go to , to force workers to join them with their closed
shop policies etc, etc! When they tried to shut down all industries
by creating power shortages by bringing the miners out on strike
it was the end for me, and l emigrated to escape what l could see
was coming??
I have now been back about 4 yrs now and l dont recognise the
place or the people l left,
The changes are NOT for the better l might add!!

Donkeyman! 😟😟
 
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