UK economy slowdown continues.

**The_Equalizer** · 27 June 2017, 12:59

Originally posted by sasguru View Post

Plunge in UK confidence hits Debenhams, adds to slowdown fears | Reuters

Debenhams? What is this Debenhams you speak of?

**BrilloPad** · 27 June 2017, 13:00

So the UK is not borrowing even more to spend on stuff it does not need.

**sasguru** · 27 June 2017, 13:02

Originally posted by BrilloPad View Post

So the UK is not borrowing even more to spend on stuff it does not need.

Sadly no, it's borrowing more than ever just to survive, even as the economy tanks.

No end in sight for debt boom as Brits load up on credit cards

**BrilloPad** · 27 June 2017, 13:11

Originally posted by sasguru View Post

Sadly no, it's borrowing more than ever just to survive, even as the economy tanks.

No end in sight for debt boom as Brits load up on credit cards*

This has been coming since 2008. The solution to too much credit was more credit.

However I still believe the day of reckoning is a long way away.

**BlasterBates** · 27 June 2017, 13:30

The press will really have to stop printing these "remoaner" headlines. The Daily Express was upbeat today about the likelyhood of the EU caving into the UK's demands on EU citizens.

**vadhert** · 27 June 2017, 13:45

Welcome to accelerating Inflation.

Next stop....Venezuela.

Please enjoy the ride

**BrilloPad** · 27 June 2017, 13:55

Originally posted by vadhert View Post

Welcome to accelerating Inflation.

Next stop....Venezuela.

Please enjoy the ride

Will benefit the youngsters. The oldies have had it too good for too long.

UK economy slowdown continues.