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Forum ยป UK slips into recession
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Thread: UK slips into recession

post 1697891083 02-15-2024, 10:13 AM
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UK slips into recession

https://www.cnbc.com/amp/2024/02/15/...d-of-2023.html

Fuark, first japan now uk

Clearly they need more immigrants
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post 1697891383 02-15-2024, 10:18 AM
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Saw that smug Hunt of a chancellor on television this morning smiling in their fake way where they show how much they love lying to people, saying how well the economy is doing-right after this got announced. Tory pricks honestly think they can say the sky is purple & people will believe it-the polls show most don't.
post 1697892053 02-15-2024, 10:32 AM
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Originally Posted By jimbob007⏩
Saw that smug Hunt of a chancellor on television this morning smiling in their fake way where they show how much they love lying to people, saying how well the economy is doing-right after this got announced. Tory pricks honestly think they can say the sky is purple & people will believe it-the polls show most don't.


Looks like a smug globalist khunt
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post 1697892123 02-15-2024, 10:34 AM
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just after they gave Ukraine another couple of billion
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srs
post 1697892153 02-15-2024, 10:35 AM
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is it happening!?
post 1697892273 02-15-2024, 10:37 AM
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Originally Posted By mikebadg3⏩
is it happening!?
lol no

The US is jewry central. They'll push usury on the masses until it completely collapses. Until people can't pay min payments on their credit cards anymore everything will remain.

US companies cannot fail on their own. They just get bailed out or the fed prints more money. They've already convinced the population that inflation is back to normal.
Jesus wasn't a pacifist
post 1697892443 02-15-2024, 10:41 AM
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Why don't they just change the definition of a recession?
post 1697892493 02-15-2024, 10:41 AM
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Japan, UK all having their reckoning.

US is still about 3-4 months away.
post 1697892563 02-15-2024, 10:43 AM
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Sent this to my brother last week, but it applies way too cleanly here.

FA Crew
Always Pick 1 Crew

"Experience is something you get right after you need it."
post 1697892573 02-15-2024, 10:43 AM
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Originally Posted By OliverHeldens⏩
Japan, UK all having their reckoning.

US is still about 3-4 months away.
By what metric? We can move the goal posts indefinitely.
Jesus wasn't a pacifist
post 1697892653 02-15-2024, 10:45 AM
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Originally Posted By FA*******⏩
Sent this to my brother last week, but it applies way too cleanly here.

Sad thing is that it doesn't have to be this way. Elites are used to making money a certain way and don't give a damn about actually producing value, they only farm it. That is why trickle down economics cannot work; it falsely asserts that businessmen create the product. An obviously inane assertion when plainly stated.
Jesus wasn't a pacifist
post 1697892693 02-15-2024, 10:45 AM
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Ibby's flat tipped them over.
post 1697892733 02-15-2024, 10:46 AM
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the whole world has been in 1 since covid
post 1697893383 02-15-2024, 11:02 AM
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Originally Posted By 4g64fiero⏩
By what metric? We can move the goal posts indefinitely.
The US isn't against having a recession, it's actually much preferred for a variety of reasons. However, they need to keep interest rates higher to reset the markets for thet first time since 2008ish.

They just don't want markets to crash too early, as it won't allow them to accomplish the things that need to happen. That's the reason for this long drawn out process since like 2022
post 1697893493 02-15-2024, 11:05 AM
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Originally Posted By OliverHeldens⏩
The US isn't against having a recession, it's actually much preferred for a variety of reasons. However, they need to keep interest rates higher to reset the markets for thet first time since 2008ish.

They just don't want markets to crash too early, as it won't allow them to accomplish the things that need to happen. That's the reason for this long drawn out process since like 2022
Deficit spending is the only thing keeping the US out of an official recession, government hiring and part time hiring is also contributing and masking true unemployment and underemployment
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post 1697893773 02-15-2024, 11:12 AM
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Originally Posted By ThatGuy950⏩
Deficit spending is the only thing keeping the US out of an official recession, government hiring and part time hiring is also contributing and masking true unemployment and underemployment
Yes, of course. This is obvious and I think anybody in private would tell you this.

However, this process still has a couple years left and they need asset values to drop a lot more. If markets crashed now and forced the Feds to cut rates, it wouldn't solve the problem.
post 1697894903 02-15-2024, 11:44 AM
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I remember reading how crazy high energy prices had become in the UK due to green policies. That and to much government spending leading to high inflation.
post 1697895593 02-15-2024, 11:58 AM
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Originally Posted By OliverHeldens⏩
The US isn't against having a recession, it's actually much preferred for a variety of reasons. However, they need to keep interest rates higher to reset the markets for thet first time since 2008ish.

They just don't want markets to crash too early, as it won't allow them to accomplish the things that need to happen. That's the reason for this long drawn out process since like 2022
What "needs to happen?" according to elites? I'll tell you, they just want more money. They are not acting responsible with the economy....at all. The responsible action in covid was no QE at all..NONE. Instead they doubled down until cost of living doubled. What's the point of that for the general public? It's only to take their money....that is all the fed exists to do. It does not exist to harbor generational wealth for the majority, that keeps people from working indefinitely for fed beneficiaries.

Please be more specific in the markers you mention, as I bet they just point right back at shifting wealth back up.
Jesus wasn't a pacifist
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