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Showing posts with the label Recession

Ashdown is surprised there have not been more riots.

  http://www.huffingtonpost.co.uk/2014/01/03/lord-ashdown-lib-dems-riots_n_4535620.html?utm_hp_ref=uk Lord Ashdown 'Surprised' Recession Did Not Trigger More Riots Lord Ashdown   In response to: Paul M. (moranium) Ashdown posed the comment that he " is surprised there have not been more riots as a result of the recession" . In my opinion, the reason that there have been "no riots" is as I said previously, Fear. The fear of losing your job, if you are fortunate enough to have one. The fear of "kettling" by police and other security forces. The fear of government retaliation by the use of sanctions from the DWP and other government departments. The fear of having to feed your families by reliance on Foodbanks and other charities. The fear of demonisation by the press, media and other government propaganda organisations.  Only when people shake off the fear of consequence, will there be any real protests and as Ashdown puts it, "ri...

Are we out of the woods?

http://www.independent.co.uk/news/business/news/uk-narrowly-escapes-tripledip-recession-as-gdp-figures-show-03-growth-in-first-three-months-of-year-8587195.html UK narrowly escapes triple-dip recession as GDP figures show 0.3% growth in first three months of year. Something to smile about ? Joy, happiness, "green shoots" speculations and great euphoria pouring out of Sky News and BBC News 24 with nauseating predictability. When these manufactured figures are revised downwards (as they invariably are), there will not be much mention of the "triple dip recession", but by then the propaganda will have done its work and people will be content and relieved. Well, some will be.

Snow could put UK in a triple-dip recession

http://www.guardian.co.uk/world/2013/jan/19/snow-triple-dip-recession Third slump in four years looms as shoppers stay at home and transport links grind to a halt Snow could put UK in recession |   First, it was the fault of "the economic mess that we inherited from the last Labour government", then it was the "effects of the world wide economic slowdown" then the "banks failure to lend" now it is a few inches of snow. We are fortunate in this country when we only have to endure a few inches when other countries have snowfall of many feet, which remains in place for months on end with the associated minus temperatures. Should we ever be faced with a snowfall across the country of 2 or 3 meters, economic disaster and bankruptcy would result in a few days. Triple dip here we come The government would of course, ensure that no blame or criticism could be attached to their economic policies.