:lol:

 

Is 'shite' the one that takes into account an impotent government with no idea what it is doing?

I believe that one is just 'business as usual'

I heard that negative interest rates are 'on the cards'.

 

Mark Carney will still be saying 'interest rates in danger of rising' despite the fact that they can't as house prices would COLLAPSE. :D

I wouldn't be surprised, he's not really got anywhere to go from 0.5%! He's been threatening to raise rates for years now. It'll be on his bloody tombstone.

 

If the base rate does go negative then i'm seriously hitting up the bank of mum and dad to help me get a 5 year fixed rate mortgage.

He also said he'd vote against a rise in tuition fees.

 

and of course that proved to be CATASTROPHIC for the country, a huge major millstone around our necks compared to the petty minor troubles he talks about accurately ahead of the game, and all of the f***ING massive lies that that have been told since the last election.

 

On the plus side, Clegg didn't bring the country to it's knees, unlike some other parties I could mention.

and of course that proved to be CATASTROPHIC for the country, a huge major millstone around our necks compared to the petty minor troubles he talks about accurately ahead of the game, and all of the f***ING massive lies that that have been told since the last election.

 

On the plus side, Clegg didn't bring the country to it's knees, unlike some other parties I could mention.

 

 

Actually it has, a generation saddled with debt - and for what? So house prices could stay high and make the old feel rich?

On a lighter note, I really enjoyed this tweet about the next PM:

 

https://twitter.com/Shandypockets/status/746441650830872576

 

 

Actually it has, a generation saddled with debt - and for what? So house prices could stay high and make the old feel rich?

 

Given there will be no jobs, the likelihood of having to pay it back is somewhat reduced. THink of yourself in my position : graduate, 2 years unemployed, shitty factory jobs, local government, never earned enough to have to pay it back, dont own my own property, will never be able to afford it.

 

So, obviously I have no sympathy for young people and students, as I have no experience of what they are going through.

 

Just suggesting you get things in perspective, for what ultimately was a TORY policy. Try blaming them. And Tony Blair of Labour who brought it in. Not the Libdems who were as gullible as the British electorate.

Rumour is that a further cut could be on the cards because of the currency slide and ratings downgrading. Plus interest rates on our bonds is falling off a cliff too.

 

A fall in interest rates makes no sense - if you want money to come back into the country, then higher interest rates is what would attract it!

A fall in interest rates makes no sense - if you want money to come back into the country, then higher interest rates is what would attract it!

 

Yes, but they can't do that because higher interest rates = higher mortgage rates = mortgage arrears = housing price crash.

 

Let the rock, meet the hard place! Of course the mainstream media will never admit that house prices are massively overvalued nor allow them to fall.

Yes, but they can't do that because higher interest rates = higher mortgage rates = mortgage arrears = housing price crash.

 

Let the rock, meet the hard place! Of course the mainstream media will never admit that house prices are massively overvalued nor allow them to fall.

 

A drop in house prices would actually help a lot of the young people upset at the referendum result, making it easier for them to get their first home.

 

On a totally separate note - the football headline 'England out of Europe again' is quite amusing. :P

A drop in house prices would actually help a lot of the young people upset at the referendum result, making it easier for them to get their first home.

 

On a totally separate note - the football headline 'England out of Europe again' is quite amusing. :P

 

It would help them if there were enough houses. As there aren't, and as the Troies arent building council houses in significicant quantities (there is still a net loss thanks to Right To Buy annually) so any house price drop will be pissing in a massive ocean.

 

Private Eye had that hadline a month ago, and it was much funnier.

I'm still very sad over the exit but actually it might be a wise decision considering how well you did at the Eurovision and at the Euro. Europe is definitely not your thing :lol:

http://www.theguardian.com/politics/2016/j...b-gdnukpolitics

 

"It's time to put Welsh independence on agenda – Leanne Wood"

Edited June 28, 20169 yr by princess_lotti

I saw that yesterday. That's definitely less likely then the others, I don't think Wales has ever polled over 10% in favour of independence.

I think this is a pretty good read on the situation we now find ourselves in: https://medium.com/@kirstymhall/brexit-was-...3a7c#.ldu796th6

I think this is a pretty good read on the situation we now find ourselves in: https://medium.com/@kirstymhall/brexit-was-...3a7c#.ldu796th6

excellent piece, and pretty accurate summary of both camps.

The selfish arrogance of Tories (we'll ignore racist farage) on both sides of the fence, the contempt they have for the voting public, the lot of 'em deserve to go down in history as the utter tosspots who tossed the UK into the brink that they are.

 

Best case scenario now is that we get a Norway deal. That will return us mostly to where we used to be economically, and would have the advantage that Farage will explode with rage, so it's worth voting for just to see that happen. It would also undermine the Tories as lying gets to the half of the of the country who voted leave purely about immigration. Put to a national vote, half the UK would vote for a Norway model, at least (those not threatened by immigration and those having second thoughts having seen the results now).

 

The only alternative is to be excluded totally from the EU, in which case the economy tanks and immigration slows to a trickle cos no one wants to move here anymore. The brain drain begins as able people leave the country for better pastures. England slips further and further down the world rankings, investment from abroad is not what was promised.

 

Either way, the Tory party, after a huge boost from anti-immigrants, is as doomed as the Labour Party seems to be intent on becoming. That will leave voters moving to extremists and niche parties and yes the Libdems (who the eff else is there to vote for that is sane?!). We could be facing the end of the 2-party-system.

 

Serves 'em all right.

excellent piece, and pretty accurate summary of both camps.

The selfish arrogance of Tories (we'll ignore racist farage) on both sides of the fence, the contempt they have for the voting public, the lot of 'em deserve to go down in history as the utter tosspots who tossed the UK into the brink that they are.

 

Best case scenario now is that we get a Norway deal. That will return us mostly to where we used to be economically, and would have the advantage that Farage will explode with rage, so it's worth voting for just to see that happen. It would also undermine the Tories as lying gets to the half of the of the country who voted leave purely about immigration. Put to a national vote, half the UK would vote for a Norway model, at least (those not threatened by immigration and those having second thoughts having seen the results now).

 

The only alternative is to be excluded totally from the EU, in which case the economy tanks and immigration slows to a trickle cos no one wants to move here anymore. The brain drain begins as able people leave the country for better pastures. England slips further and further down the world rankings, investment from abroad is not what was promised.

 

Either way, the Tory party, after a huge boost from anti-immigrants, is as doomed as the Labour Party seems to be intent on becoming. That will leave voters moving to extremists and niche parties and yes the Libdems (who the eff else is there to vote for that is sane?!). We could be facing the end of the 2-party-system.

 

Serves 'em all right.

 

Just makes the whole thing pointless. What a waste of three years to end up in the same situation we are now. The idea of sovereignty is completely fictional. Certainly right though, my worry is more and more people will turn to UKIP.

Just in case anyone is confused, somebody has taken the time to explain how we stand...

 

So, let me get this straight... the leader of the opposition campaigned to stay but secretly wanted to leave, so his party held a non-binding vote to shame him into resigning so someone else could lead the campaign to ignore the result of the non-binding referendum which many people now think was just angry people trying to shame politicians into seeing they'd all done nothing to help them.

 

Meanwhile, the man who campaigned to leave because he hoped losing would help him win the leadership of his party, accidentally won and ruined any chance of leading because the man who thought he couldn't lose, did - but resigned before actually doing the thing the vote had been about. The man who'd always thought he'd lead next, campaigned so badly that everyone thought he was lying when he said the economy would crash - and he was, but it did, but he's not resigned, but, like the man who lost and the man who won, also now can't become leader. Which means the woman who quietly campaigned to stay but always said she wanted to leave is likely to become leader instead.

 

Which means she holds the same view as the leader of the opposition but for opposite reasons, but her party's view of this view is the opposite of the opposition's. And the opposition aren't yet opposing anything because the leader isn't listening to his party, who aren't listening to the country, who aren't listening to experts or possibly paying that much attention at all. However, none of their opponents actually want to be the one to do the thing that the vote was about, so there's not yet anything actually on the table to oppose anyway. And if no one ever does do the thing that most people asked them to do, it will be undemocratic and if any one ever does do it, it will be awful.

^^ and that is why I find politics really hard to follow. so confusing, and I'd find it hilarious if not for the fact that this is going to be affecting our future..

Credit Suisse's downgrade to its UK GDP forecast next year is huge: to MINUS 1.0% from PLUS 2.3%.

 

MINUS 1 PERCENT !

Fuuuuuuuuuuck