Irrelevant Nick KP 0 Posted July 22, 2011 Share Posted July 22, 2011 (edited) I've got one question which I'm going to ask twice to Conservatives, but others may also answer it (them). 1. WHat is the state of the British economy? (after Gordon Brown's premiership) 2. What is the state of the British economy? (Britain being outside the Eurozone, unlike Greece) (I get the impression that those 2 backgrounds, tend to drastically affect the answer to the question. esp. by Conservatives) Edited July 22, 2011 by Nick-Kielce-Poland Link to comment Share on other sites More sharing options...
PaddockLad 17290 Posted July 22, 2011 Share Posted July 22, 2011 Nick, thats not the same question asked twice, thats two different questions. Link to comment Share on other sites More sharing options...
Irrelevant Nick KP 0 Posted July 22, 2011 Author Share Posted July 22, 2011 Nick, thats not the same question asked twice, thats two different questions. Thank you for that comment. Link to comment Share on other sites More sharing options...
ewerk 30677 Posted July 22, 2011 Share Posted July 22, 2011 If only there was a thread where the Tory view on the economy was being discussed yesterday. Link to comment Share on other sites More sharing options...
Guest alex Posted July 22, 2011 Share Posted July 22, 2011 Nick, could you fuck off please? Nick, could you please fuck off? Link to comment Share on other sites More sharing options...
LeazesMag 0 Posted July 22, 2011 Share Posted July 22, 2011 I've got one question which I'm going to ask twice to Conservatives, but others may also answer it (them). 1. WHat is the state of the British economy? (after Gordon Brown's premiership) 2. What is the state of the British economy? (Britain being outside the Eurozone, unlike Greece) (I get the impression that those 2 backgrounds, tend to drastically affect the answer to the question. esp. by Conservatives) fuck off Link to comment Share on other sites More sharing options...
Kevin S. Assilleekunt 1 Posted July 22, 2011 Share Posted July 22, 2011 One man's campaign to annoy the fuck out of people on the internet: NICK-KIELCE-POLAND, THE MOVIE in cinemas friday Link to comment Share on other sites More sharing options...
Kitman 2207 Posted July 22, 2011 Share Posted July 22, 2011 Looks like the weathers nice in England today Link to comment Share on other sites More sharing options...
Phil 6 Posted July 22, 2011 Share Posted July 22, 2011 I've got one question which I'm going to ask twice to Conservatives, but others may also answer it (them). 1. WHat is the state of the British economy? (after Gordon Brown's premiership) Gordon bailed out the banks and printed lots of extra money (£200bn i think). I was a fan of neither. Recovery is going to be slow because the banks are being unreasonable with small businesses, first time buyers and people with low-to-no equity. 2. What is the state of the British economy? (Britain being outside the Eurozone, unlike Greece) Interest rates are low in the Eurozone, so no difference. (I get the impression that those 2 backgrounds, tend to drastically affect the answer to the question. esp. by Conservatives) Link to comment Share on other sites More sharing options...
Meenzer 15561 Posted July 22, 2011 Share Posted July 22, 2011 Letting people buy houses they shouldn't be able to "afford" would be a mistake anyway. Look where the Blair-era housing price bubble has left us. Link to comment Share on other sites More sharing options...
CleeToonFan 1 Posted July 22, 2011 Share Posted July 22, 2011 Da conservatives rule lmao nd da rezt sukk nick dats wuts 2ru dey r da bst wit da economie 4 eva nd alweys xxxxxx Link to comment Share on other sites More sharing options...
NJS 4389 Posted July 22, 2011 Share Posted July 22, 2011 To some extent the retail banks can't win - they are told to increase lending but irresponsible lending was a root course of the shitstorm in the first place. I think some sort of gaurantee to look favourably on "worthy" applications is the way forward. Link to comment Share on other sites More sharing options...
Phil 6 Posted July 22, 2011 Share Posted July 22, 2011 Letting people buy houses they shouldn't be able to "afford" would be a mistake anyway. Look where the Blair-era housing price bubble has left us. The issue before was banks were selling risk, so didn't care. Now they are taking none. For example I have equity in my house so the bank will happily lend me anything I want regardless if I can afford the repayments. Whereas my brother who has been renting for five years at £550 at month can't get a mortgage of £550 a month. Business loans are even worse. A national bank is the only long term solution. Link to comment Share on other sites More sharing options...
LeazesMag 0 Posted July 23, 2011 Share Posted July 23, 2011 Letting people buy houses they shouldn't be able to "afford" would be a mistake anyway. Look where the Blair-era housing price bubble has left us. The issue before was banks were selling risk, so didn't care. Now they are taking none. For example I have equity in my house so the bank will happily lend me anything I want regardless if I can afford the repayments. Whereas my brother who has been renting for five years at £550 at month can't get a mortgage of £550 a month. Business loans are even worse. A national bank is the only long term solution. is the cycle turning back to cheap affordable council houses I wonder ? All Thatchers fault. Link to comment Share on other sites More sharing options...
DEADMAN 0 Posted July 23, 2011 Share Posted July 23, 2011 we may not like conservatives but il never vote labour not after there lies and deceat Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 24, 2011 Share Posted July 24, 2011 I dont know why everyone gave Nick grief for this thread. Its a very important topic. http://www.guardian.co.uk/politics/2011/ju...over-low-growth ... to stay on course with budget forecasts the chancellor needed Tuesday's crucial GDP figures for the second quarter of this year to show growth of 0.8%. However, experts believe growth will be anaemic at best – coming in at 0.1%, according to the respected National Institute for Economic and Social Research – and some City forecasters even suggest that the economy may have contracted during the spring. Clee, where are you? Link to comment Share on other sites More sharing options...
Kevin S. Assilleekunt 1 Posted July 24, 2011 Share Posted July 24, 2011 You could have made a grand on that Chez, if you didn't back out with your, "I'll have to think about it," line. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 24, 2011 Share Posted July 24, 2011 You could have made a grand on that Chez, if you didn't back out with your, "I'll have to think about it," line. True but it would have been unfair on the poor wee lad. His pocket money cant be much more than a tenner a week. Link to comment Share on other sites More sharing options...
CleeToonFan 1 Posted July 24, 2011 Share Posted July 24, 2011 I dont know why everyone gave Nick grief for this thread. Its a very important topic. http://www.guardian.co.uk/politics/2011/ju...over-low-growth ... to stay on course with budget forecasts the chancellor needed Tuesday's crucial GDP figures for the second quarter of this year to show growth of 0.8%. However, experts believe growth will be anaemic at best – coming in at 0.1%, according to the respected National Institute for Economic and Social Research – and some City forecasters even suggest that the economy may have contracted during the spring. Clee, where are you? I feel like I do every year believing Newcastle will do better than they did the year before . Kudos , what is my forfeit? Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 24, 2011 Share Posted July 24, 2011 I dont know why everyone gave Nick grief for this thread. Its a very important topic. http://www.guardian.co.uk/politics/2011/ju...over-low-growth ... to stay on course with budget forecasts the chancellor needed Tuesday's crucial GDP figures for the second quarter of this year to show growth of 0.8%. However, experts believe growth will be anaemic at best – coming in at 0.1%, according to the respected National Institute for Economic and Social Research – and some City forecasters even suggest that the economy may have contracted during the spring. Clee, where are you? I feel like I do every year believing Newcastle will do better than they did the year before . Kudos , what is my forfeit? Results aren't published till tuesday. I think the average prediction amongst the banks is 1.4% or something, coming in at 0.8% is still below where Osborn reckons it should be. My prediction is that 0.8 is ambitious but he might sneak it. Anything below that or even negative will spell disaster for the austerity drive. An ambiguous 0.5 will see us muddle along. Link to comment Share on other sites More sharing options...
Tooj 17 Posted July 24, 2011 Share Posted July 24, 2011 Totally ChezGivened like. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 25, 2011 Share Posted July 25, 2011 http://www.guardian.co.uk/politics/2011/ju...economic-growth Figures for second quarter expected to show Britain's economy has flatlined for almost a year Could have cleaned Clee out. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted July 26, 2011 Share Posted July 26, 2011 (edited) 0.2% Edited July 26, 2011 by ChezGiven Link to comment Share on other sites More sharing options...
Guest alex Posted July 26, 2011 Share Posted July 26, 2011 That snow must've lasted longer than I realised. Link to comment Share on other sites More sharing options...
Christmas Tree 4729 Posted July 26, 2011 Share Posted July 26, 2011 According to the Office for National Statistics, the weak GDP growth was influenced by one-off factors such as the Royal Wedding, Olympic ticket sales, record warm weather in April and the Japanese tsunami. Link to comment Share on other sites More sharing options...
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