Reasons why the recession will be short-lived (we hope!)

[TimberWolf]

Originally Posted by BrilloPad

Like it did for Zimbabwe?

Not as prolonged. We just need a short sharp dose of hyperinflation, just enough to wipe out savings and nullify borrowings, without it damaging the economy. A kind of wealth redistribution.

[BrilloPad]

Originally Posted by TimberWolf

Not as prolonged. We just need a short sharp dose of hyperinflation, just enough to wipe out savings and nullify borrowings, without it damaging the economy. A kind of wealth redistribution.

That will be good for the old people who can't get a job!

Of course then everyone would never save just in case it happened again! It would be Vivien Nicholson all over again.....

[TimberWolf]

Originally Posted by BrilloPad

That will be good for the old people who can't get a job!

Of course then everyone would never save just in case it happened again! It would be Vivien Nicholson all over again.....

Not if it is done sneakily. You tell people inflation is really low.

[BrilloPad]

Originally Posted by TimberWolf

Not if it is done sneakily. You tell people inflation is really low.

Which might actually work! Well I saw on the BBC recently that prices were coming down as inflation had dropped from 5.2% to 4.7%!!

[TimberWolf]

Originally Posted by BrilloPad

Which might actually work! Well I saw on the BBC recently that prices were coming down as inflation had dropped from 5.2% to 4.7%!!

Yep, a sure sign we need to get the printing presses out. I just hope we have enough paper.

[Purple Dalek]

Originally Posted by TimberWolf

Yep, a sure sign we need to get the printing presses out. I just hope we have enough paper.

I don't think the UK manufactures the correct type of paper any longer, so we'd need foreign exchange to buy the paper, but we'd need to print some off first to buy some in.

Alternastively, do you think they'd let Brown have it on easy credit terms?

[Platypus]

Originally Posted by Flashman

Has anyone seen the film 'children of men'? Our society will look and feel much like that in 10 years time. On a bad day it already does.

Indeed.

[Doggy Styles]

Originally Posted by Flashman

Has anyone seen the film 'children of men'? Our society will look and feel much like that in 10 years time. On a bad day it already does.

No I haven't. What is society like in it?

[Doggy Styles]

Originally Posted by MrMark

4) Gordo and Darling are pumping money into the economy.

I wonder what fertilizer they use on their money tree.

[Moscow Mule]

Originally Posted by Flashman

Has anyone seen the film 'children of men'? Our society will look and feel much like that in 10 years time. On a bad day it already does.

The only consolation being that mainland Europe will be even worse off

Originally Posted by Doggy Styles

No I haven't. What is society like in it?

****ed.