Reply to: if you thought 2009 was bad economically ...

[Andy2]

is anyone moving money into euro now or is it too late ?

[TykeMerc]

Will you shut up in 2010 and stop posting tulip on here?

If so then I would not call the year when it finally happens that bad...

Why not lead by example and STFU yourself?

[Doggy Styles]

We are in a whole heap of s**t sasguru, and no mistake.

A 15% deficit is disastrous. I still don't think people have grasped that yet, nor grasped why it must be reversed.

The government is being attacked by a growing number of economists from all sides for not taking their (enormous) structural deficit seriously. The truth is, they don't know how to, since spending public money on their non-productive 'projects' is their raison d'etre.

[minestrone]

My Brother, who used to be very high up in the party currently in control of this country, predicts labour will get in by 2 seats. Frightening stuff.

[Diver]

I noticed, you did not call me cretin!

[AtW]

As ever I will give your comments the respect they deserve.

I noticed, you did not call me cretin!

[original PM]

Laws that err towards liberalism???


which ones are they - all I ever see is more nanny state bobbins designed to attack the average working joe.

[EternalOptimist]

I didn't

[hyperD]

I predict a riot.

[BrilloPad]

Some smashing SKA news in pipeline for January 2010

And the very best of luck with it : we all wish you well.

[AtW]

Oh and did I say I expect SKA to still be promising news in 2010

Some smashing SKA news in pipeline for January 2010

[BrilloPad]

As ever I will give your comments the respect they deserve.

PS Speaking of respect as I am a senior poster to you (both in number of posts and importance of threads) I believe you should be suitably deferent.
HTH

If you believed that you would try being nice to me occasionally.

[HairyArsedBloke]

Dogs and cats living together......

[BrilloPad]

...2010 promises to be much worse. By means of an unprecedented, coordinated government fiscal stimulus around the world economic disaster was averted in 2009.
But nothing fundamental has changed. The UK in particular is still a fantasy island with an economy built on hot air and a a feeling of unjustified entitlement to prosperity (based on history) that permeates from bottom to top of society.
Managed decline, the postwar mantra, has spiralled into accelerated (relative) decline with the rise of globalisation.
The next few years are going to be austere and tough.
And when the going gets tough, the tough (or able) get going - i.e. in a globalised economy the mobile talent leaves for greener pastures, thus making the situation worse.

My predictions for 2010:

1. Unemployment to top 3 million.
2. Taxes to rise under the Tories
3. Modest recovery in house prices this year will reverse. Fall of 5-10%.
4. Financial sector to contract with nothing to take up the slack.
5. Breakdown in society to continue with a growing underclass of feral chavs and laws that err towards liberalism. Crime to rise.


Happy New Year!

would you care you give a stock market prediction for 2010?

[sasguru]

Will you shut up in 2010 and stop posting tulip on here?

If so then I would not call the year when it finally happens that bad...

Oh and did I say I expect SKA to still be promising news in 2010