Re: Uk in Recession.
Originally Posted by
Donkeyman
->
Exactly Foxey !
credit as a way of life !
Why do you think banks are removing cash from the system ?
Their aim is every single human being getting a credit card from
an early age, and being fored to work for peanuts trying to keep up ??
Imo they have almost done it ??
Hows this for a conspiracy theory ?
Corona was promoted to get people t exhaust their debit cards
and then remove debit cards along with cash, and where are we ?
Completely at their mercy??
Donkeyman! 👎🤔🤔👎
You might be on to something there Donkeyman.
Business on the internet has gone off the scale since Covid, which in my opinion has sounded the death knoll for the high street shops including big department stores like M&S, Debenhams and John Lewis, that have already announced that they are struggling through lack of footfall and internet shopping. It's only card use on the internet, so cash will be a thing of the past. There are some huge changes taking place within the retail industry, and not all for the better....The whole industry will be served by just a few gigantic companies who could have more power than any government. No more family run companies and businesses, just large multinational conglomerates who have the power to undercut the smaller competitors and drive them to the wall. And everything we do will be done from our armchairs so there will be no need to venture out. A bit like lockdown....Could that have been a trial run?