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Wanderers Ways. Neil Thompson 1961-2021

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Posted
15 minutes ago, bolty58 said:

The time has come.

Don’t be like that

None of this affects you so I don’t know why you get so worked up

Enjoy your cooling ale whilst we put our shoulders to the wheel for king and country

Posted

It's no surprise that we're in a recession, it's been clear for a while, although as ever the figures are backwards looking - at work we could really see that Q3 and Q4 last year were absolutely dire. So far this year, things look like they've improved, so hopefully we're now already out of, or moving in the right direction, to be showing as out of recession when the next set of figures are released.

 

 

Posted
5 minutes ago, Farrelli said:

How surprising that the government suppressed the truth.  

They could just use the Rwanda tactic and put forward a bill that legislates we are not in recession.

Posted
1 hour ago, gonzo said:

Aye theres a team in my lads under 13s league full of big lumps. They are called Brexit Juniors amongst the lads.

Any tough tackle is proper Brexit or pure Brexit.

On a separate note I've heard good players called 'clutch'. As Mo Salah is or has Clutch.

Presume this means in to gear or summet and is a good thing :)

😁 love that 

and yes, heard that clutch term , usually after some skills , formally described as “ sick” ,which is just about got my head around ,  but alas no longer . 

Posted
3 minutes ago, Cheese said:

They could just use the Rwanda tactic and put forward a bill that legislates we are not in recession.

No it will a new calculation which moves the goal posts (see asylum backlog for example). 

Posted
36 minutes ago, Sweep said:

It's no surprise that we're in a recession, it's been clear for a while, although as ever the figures are backwards looking - at work we could really see that Q3 and Q4 last year were absolutely dire. So far this year, things look like they've improved, so hopefully we're now already out of, or moving in the right direction, to be showing as out of recession when the next set of figures are released.

 

 

The interest rate rises were designed to slow the economy (create a recession)  & reduce inflation. Government policy working… for a change. 

Posted
4 minutes ago, Mounts Kipper said:

The interest rate rises were designed to slow the economy (create a recession)  & reduce inflation. Government policy working… for a change. 

The government said there wouldn’t be a recession

Unless they’ve changed that policy by law now

Posted
12 minutes ago, Casino said:

All the big hits have dropped off

Which they wouldve done regardless

Without a doubt and they can’t take any praise but they will, they say BOE is independent from government, not sure myself, let’s see how quickly the interest rates drop as we head closer to the election.  

Posted

I don't think I've ever lived (or at least paid mortgage and tax and or been paying attention) through an inflationary spike. 

Say inflation drops to 2%. Does that mean that prices will come down on goods? Or do they stay where they are but only increase in price by around 2% each year? Or is it swings and roundabouts - ie some come down in price and others continue to increase?

I'm thinking goods rather than mortgages here....

Posted
8 minutes ago, kent_white said:

I don't think I've ever lived (or at least paid mortgage and tax and or been paying attention) through an inflationary spike. 

Say inflation drops to 2%. Does that mean that prices will come down on goods? Or do they stay where they are but only increase in price by around 2% each year? Or is it swings and roundabouts - ie some come down in price and others continue to increase?

I'm thinking goods rather than mortgages here....

Prices don’t come down just increase by 2% per year. 

Posted
35 minutes ago, Spider said:

The government said there wouldn’t be a recession

Unless they’ve changed that policy by law now

I’m no fiscal expert but mortgage rates rising as much as they have done was always going to lead to a recession, I’m surprised it’s only a mild recession. 

Posted
1 hour ago, kent_white said:

I don't think I've ever lived (or at least paid mortgage and tax and or been paying attention) through an inflationary spike. 

Say inflation drops to 2%. Does that mean that prices will come down on goods? Or do they stay where they are but only increase in price by around 2% each year? Or is it swings and roundabouts - ie some come down in price and others continue to increase?

I'm thinking goods rather than mortgages here....

inflation is a measure of price increases in the last 12 months

so this months 4% is 4% more than 12 months backs 10%

 

so when they waffle on about making things better for folk, they havent

its just the increases have slowed

Posted
1 hour ago, Mounts Kipper said:

I’m no fiscal expert but mortgage rates rising as much as they have done was always going to lead to a recession, I’m surprised it’s only a mild recession. 

well, not necessarily as not everybody has a mortgage

and those with most disposable income probably don't have mortgages

interest rises are a very blunt tool, that almost certainly favour older mortgage free folk, who coincidentally are more likely to vote tory  :)

Posted
47 minutes ago, Casino said:

inflation is a measure of price increases in the last 12 months

so this months 4% is 4% more than 12 months backs 10%

 

so when they waffle on about making things better for folk, they havent

its just the increases have slowed

You know nothing.

According to both the Prime Minister, and the Chancellor, experts in their fields, reducing inflation is like a tax cut for the proles. 

Quote

“If we want to put money into the pockets of families who are really struggling at the moment, if we deliver the Prime Minister's pledge to halve inflation—that's not a 1p tax cut, that's a 5p boost in their real disposable incomes.”

JEREMY HUNT MP, 2 OCTOBER 2023 [2:18:00].
Quote

“The best tax cut that I can deliver for the British people right now is to halve inflation… Inflation is a tax, it is a tax that impacts the poorest people the most.”

RISHI SUNAK, 1 OCTOBER 2023.

 

Posted
19 minutes ago, ZiggyStardust said:

You know nothing.

According to both the Prime Minister, and the Chancellor, experts in their fields, reducing inflation is like a tax cut for the proles. 

 

i watched a belting interview that evan davis did with laura trott

shes equally out of her depth

 

Posted
1 hour ago, ZiggyStardust said:

You know nothing.

According to both the Prime Minister, and the Chancellor, experts in their fields, reducing inflation is like a tax cut for the proles. 

 

Fecking halfwits

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