Chesterfield Online Forum

General Category => Politics => Topic started by: ironsky2 on October 23, 2014, 09:05:10 PM

Title: What Will The Government Do When Economy Collapses?
Post by: ironsky2 on October 23, 2014, 09:05:10 PM

Lets look at the cold reality of our deficit its getting bigger by the day the government keeps cutting on different things in a attempt to save money. Its fair to say the country is facing a crisis like no other since perhaps the threat of invasion in the Second World War can our country survive this ? Look at our high streets business are struggling wages are low so limited spending power. Unemployment is rising as businesses struggle to survive the downturn. Some people think pulling out of the EU will solve some of our economic problems hence the rise of UKIP as a political force in recent years. Perhaps its time to rethink on how we run our economy and start again from scatch after all what will the government do when theres nothing left to cut? What ever we do the deficit is a bomb ticking away

Title: Re: What Will The Government Do When Economy Collapses?
Post by: therealjr on October 23, 2014, 11:12:48 PM

You know all this money that we 'owe'. Who to exactly?

Title: Re: What Will The Government Do When Economy Collapses?
Post by: ironsky2 on October 24, 2014, 05:00:01 PM

Someone with deep pockets!  :)) but its got to end soon.

Title: Re: What Will The Government Do When Economy Collapses?
Post by: therealjr on October 24, 2014, 11:10:40 PM

But that's the point. Biggest economy in the world? USA. Debt? $17 trillion. Europe? Germany. Debt? €28 billion
Asia? China. Debt? $25 trillion. It's just paper that someone could just decide tomorrow to write off and start again

Title: Re: What Will The Government Do When Economy Collapses?
Post by: Slacker on October 25, 2014, 09:13:22 AM

They will blame the poor like thy usually do

Title: Re: What Will The Government Do When Economy Collapses?
Post by: Scimitar on October 26, 2014, 01:03:36 AM

http://www.bbc.co.uk/news/uk-29771754 (http://www.bbc.co.uk/news/uk-29771754)


Just saying!

Title: Re: What Will The Government Do When Economy Collapses?
Post by: Scimitar on October 26, 2014, 01:10:46 AM

Quote from: Slacker on October 25, 2014, 09:13:22 AM

They will blame the poor like thy usually do

Your spelling lacks somewhat for an old Cestrafeldian :-X

Title: Re: What Will The Government Do When Economy Collapses?
Post by: Slacker on October 26, 2014, 08:37:12 AM

Quote from: Scimitar on October 26, 2014, 01:10:46 AM

Your spelling lacks somewhat for an old Cestrafeldian :-X

Sticky key (& it's "Cestrefeldian" :) :)  )

Title: Re: What Will The Government Do When Economy Collapses?
Post by: Pete on October 26, 2014, 09:28:29 AM

UK profit warnings at highest level since 2008

Profit warnings by UK-listed firms have risen to their highest summer level in six years, according to a new report.

The report, by the consultancy firm EY, said quoted firms issued 69 profit warnings in the third quarter of 2014, up from 56 in the same period in 2013.

"The pressure on sales and margins is largely focused on established supermarkets, struggling to adapt to the move away from the big weekly shop and the challenge posed by an expanding group of warehouse, supermarket and high street discounters."

So four years of Tory has failed, not only for the working poor but for commerce and industry as well.

http://bbc.in/1xqr9uK (http://bbc.in/1xqr9uK)

Title: Re: What Will The Government Do When Economy Collapses?
Post by: Scimitar on October 26, 2014, 03:46:15 PM

Quote from: Slacker on October 26, 2014, 08:37:12 AM

Sticky key (& it's "Cestrefeldian" :) :)  )

I cant blame a sticky keyboard, I just can't splel proplerly ;);)