Chavonomics

[sasguru]

Remember you heard it here first.
I have defined a new term "Chavonomics". This is when a country becomes a chav and borrows money till the next pay day (if that ever happens) to fund stuff it cannot afford.
I suppose t'was inevitable.
I wonder how many people realise this country is really bankrupt. It simply does not generate enough in products and services to sustain it now, or in the future.

[_V_]

Remember you heard it here first.
I have defined a new term "Chavonomics". This is when a country becomes a chav and borrows money till the next pay day (if that ever happens) to fund stuff it cannot afford.
I suppose t'was inevitable.
I wonder how many people realise this country is really bankrupt. It simply does not generate enough in products and services to sustain it now, or in the future.

UK, Iceland and Ireland are absolutely ****ed.

[Bagpuss]

It's the new Pyramid scheme economy

[oracleslave]

It's the new Pyramid scheme economy

I quite like it, as long as I am at the top of the pyramid and the chavs below.

[Mich the Tester]

I quite like it, as long as I am at the top of the pyramid and the chavs below.

So you're the überchav?

[sasguru]

No party is facing reality because the reality is too horrible to contemplate.
Living standards will have to fall in real terms if the country is to live within its means.
All these economic shennangans are only postponing the inevitable - prepare for riots and civil unrest when the great British public realise that being British doesn't mean you are guaranteed a high standard of living.

[OwlHoot]

So you're the überchav?

If Oracleslave's on top surely he must be the Burberry.

[oracleslave]

If Oracleslave's on top surely he must be the Burberry.

[EternalOptimist]

No party is facing reality because the reality is too horrible to contemplate.
Living standards will have to fall in real terms if the country is to live within its means.
All these economic shennangans are only postponing the inevitable - prepare for riots and civil unrest when the great British public realise that being British doesn't mean you are guaranteed a high standard of living.

time to read 'decline and fall of the Roman empire' to see what happens next eh?

[oracleslave]

All these economic shennangans are only postponing the inevitable - prepare for riots and civil unrest when the great British public realise that being British doesn't mean you are guaranteed a high standard of living.

I did warn you

http://forums.contractoruk.com/gener...ath#post558930