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 According to the IMF.... |
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 31st January 2023, 05:37 PM
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#1
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 BuzzJack Legend
Joined: 7 March 2006
Posts: 22,252 User: 53 
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The UK will be the only country in the developed world to fall in to recession this year.
DISCUSS. Why is this? Government policies or circumstances beyond their control. *Whispers* Brexit. |
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31st January 2023, 07:32 PM
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#2
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Radical Pink Troll
Joined: 11 March 2006
Posts: 27,027 User: 177
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QUOTE(creepy chris @ Jan 31 2023, 05:37 PM)  The UK will be the only country in the developed world to fall in to recession this year. DISCUSS. Why is this? Government policies or circumstances beyond their control. *Whispers* Brexit. What do YOU think? I’m not sure circumstances beyond the government’s control can even be considered or else wouldn’t the rest of Europe be in this position too? |
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31st January 2023, 07:45 PM
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#3
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BuzzJack Platinum Member
Joined: 26 January 2021
Posts: 7,934 User: 122,344
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Because of our shitfest government.
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31st January 2023, 08:07 PM
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#4
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Buffy/Charmed
Joined: 18 April 2013
Posts: 45,837 User: 18,639
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Brexshit and a far right government. Now, who would hsve thought that this would happen ... who ... who ... certainly not you ...
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31st January 2023, 08:14 PM
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#5
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 WINTER IS COMING
Joined: 7 March 2006
Posts: 46,149 User: 88
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The reality is it is not all Brexit, but a lot of it certainly is. The Brexit lovers will tell us all we are not ready to unlock our potential, but as a lot of people have been saying, Brexit is a fantasy and it causes way more problems than it solved and is 80% of the reason our economy has tanked.
Suspect by the end of the decade there will be a serious movement for returning that won't be political suicide. |
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31st January 2023, 09:02 PM
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#6
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 Break the tension
Joined: 7 March 2006
Posts: 92,483 User: 51
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Now do you finally see the light?
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31st January 2023, 10:03 PM
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#7
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BuzzJack Gold Member
Pronouns: He/Him
Joined: 21 February 2021 Posts: 3,741 User: 124,514
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The Brexiters was always an uneasy coalition of capitalists on steroids who wanted to deregulate every rule and workers right and turns us into Singapore with a lot of targeted immigration old vs an ageing population who harked for some mythical old England where they can go on about Churchill and send all the "forriners" home.
The right wing press/think tanks/politicians will scream that Brexit hasn't been done properly but the population will never allow it - Truss/Kwarteng's budget was their naked attempt and it failed miserably. In the meantime, apart from the few that profited hugely out of it including the venture capitalists, everyone is screwed especially the young. The country is a laughing stock globally. The most sinister part of it though is that the methods used to stir up support for Brexit, mainly online, has been used successfully for other country wars - especially against the LGB and particularly T communities. Grim. |
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31st January 2023, 10:17 PM
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#8
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Buffy/Charmed
Joined: 18 April 2013
Posts: 45,837 User: 18,639
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Accodding to some Tpry donors, Blojo thought he could use Brexshit to turn the country into Singapore, with no NHS and no free education, etc!!! What an absolutely delusional POS!!!
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1st February 2023, 03:08 AM
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#9
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 I'm a paragon so don't perceive me
Pronouns: he/they
Joined: 3 February 2011 Posts: 38,179 User: 12,929              |
seeing as how the Telegraph ran that yesterday Brexit is 'costing the UK economy £100bn a year', yeah...
but more broadly it's the continual underinvestment in public services that widens wealth inequality and eventually that decreases average people's spending power, which makes money on average in the economy more inactive. Therefore, recession. Any competent government would figure that out but conservative ideology tends to preclude lawmakers from making competent economic decisions because of delusional economic beliefs related to individualism that don't translate well on macroeconomic scales. |
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1st February 2023, 03:13 AM
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#10
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I'm a paragon so don't perceive me
Pronouns: he/they
Joined: 3 February 2011 Posts: 38,179 User: 12,929 |
Also nothing within the borders of this country is 'beyond the control' of the government. It might be beyond the control of their political capital, or they just don't want to do it, but the domestic economy is well within the range of being solvable.
But it'd require them to find an alternative to 'there is no alternative' Thatcherism/austerity and the insane media environment that sees higher government spending as the devil when it is the only solution to the downward spiral that will keep happening if the UK doesn't invest in its infrastructure and society. The Tories will just never do that. |
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6th February 2023, 01:00 AM
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#11
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BuzzJack Enthusiast
Joined: 22 September 2022
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It’s likely to be a mixture of factors including the impact of the war in Ukraine but Brexit is a big part of the problem and this is something the Tories don’t want to acknowledge for obvious reasons. Brexit has caused a massive shortage in labour and skills in certain areas resulting in higher prices and many businesses have faced substantial red tape resulting in difficulties trading within the EU resulting in also higher trading costs and lower taxable profits for businesses. I also read a report today that many universities have seen their research funding from the EU slashed virtually to nothing and numbers of EU students coming to study in the UK have plummeted since Brexit. All of this is bad news for the UK economy and cannot be blamed on the war in Ukraine like the Tories would like us to all believe.
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