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Recession ...in all but name


Tankus
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oooooh eeer misses

**27% increase in power supply prices

**rail fares up by 10% plus for a reduced service

**Oil $100 per barrel and the £5 gal (UK) soon to hit us

**Successful mortgage applications down 44% last month

**grain fruit and veggies up in price

**Credit and loans harder to get

**Repossessions up

**Overall personal debt up

**government borrowing up

**Housing prices falling or flat in London

O8 to be an 87 you think ?

down and counting

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You omitted

Increases in Council Tax

Decrease in council services

Immigration floodgates still wide open

Massive increase in the price of truffles

Fireworks still going up

Footie season ticket increases

First class air fares hiked

Vehicle fuel Tax increases

Massive cuts in British Waterways government support

Have you seen the price of a decent silk cravat in Harrods lately

Rolex and Cartier seem to be having a competition in who can get away with the biggest price increases. An ideal opportunity for Timex to steal the market.

Vintage wines are getting older every year.

The great pension scandal.

to name but a few

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Increasing oil prices (the major source of the problem), a declining stock market and a glut of housing are causing the economic problems in the US.

Until we distance ourselves from fossil fuel we will continue to see these problems.

This is very true, but the existing bio fuels are not the answer. Turning land over to growing these is now causing a shortage of food crops, with a resultant rise in food prices.

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Increasing oil prices (the major source of the problem), a declining stock market and a glut of housing are causing the economic problems in the US.

Until we distance ourselves from fossil fuel we will continue to see these problems.

True but around 70% of the cost of petrol over here in the UK is tax which isn't the case in the US !

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oooooh eeer misses

**27% increase in power supply prices

**rail fares up by 10% plus for a reduced service

**Oil $100 per barrel and the £5 gal (UK) soon to hit us

**Successful mortgage applications down 44% last month

**grain fruit and veggies up in price

**Credit and loans harder to get

**Repossessions up

**Overall personal debt up

**government borrowing up

**Housing prices falling or flat in London

O8 to be an 87 you think ?

down and counting

Well so far Labour's only saving grace is a strong economy and if it goes 'pear shaped' then they will be slaughtered in the next general election.

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Increasing oil prices (the major source of the problem), a declining stock market and a glut of housing are causing the economic problems in the US.

Until we distance ourselves from fossil fuel we will continue to see these problems.

This is very true, but the existing bio fuels are not the answer. Turning land over to growing these is now causing a shortage of food crops, with a resultant rise in food prices.

I think a third of the arable land is in compulsory set aside, so there is no shortage of land

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I think a third of the arable land is in compulsory set aside, so there is no shortage of land

That is interesting. Is it true or just official propaganda? There is some smallish amount of set aside round here but I would not have put it so high.

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I think it is, it is rotated around the farm. I think it may have been 10%, but is now finished, just googled.

Well, to me, any set aside is too much. We might as well get our farmers to grow our food rather than funding the EU extravagance, even if it costs a little more in the shops.

Mind you that would mean less subsidy to the EU from the Treasury, and more vat into the Treasury and result in more money for rocking Buck Rogers to fritter away on jollies and ego inflation.

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oooooh eeer misses

**27% increase in power supply prices

**rail fares up by 10% plus for a reduced service

**Oil $100 per barrel and the £5 gal (UK) soon to hit us

**Successful mortgage applications down 44% last month

**grain fruit and veggies up in price

**Credit and loans harder to get

**Repossessions up

**Overall personal debt up

**government borrowing up

**Housing prices falling or flat in London

O8 to be an 87 you think ?

down and counting

Well so far Labour's only saving grace is a strong economy and if it goes 'pear shaped' then they will be slaughtered in the next general election.

I think they are to be slaughtered in the next election anyway. It's to late now, they will not bail themselves out in my eye's.

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I think they are to be slaughtered in the next election anyway. It's to late now, they will not bail themselves out in my eye's.

Well they have around 2 and a half years to put things right but, like you, I personally think they are fighting a losing battle.

Another thing that people feel strongly about is the overall level of taxation which is higher than it's ever been before :angry:

perhaps I'll just have to watch PMQs next week and die of frustration :angry:

Parliament is currently in recess so I don't think there is a PMQ session next week :unsure:

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Well they have around 2 and a half years to put things right but, like you, I personally think they are fighting a losing battle.

A

I have grave doubts about their ability, or will, to make it that far. With or without champagne and truffles in the trough.

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oooooh eeer misses

Well so far Labour's only saving grace is a strong economy and if it goes 'pear shaped' then they will be slaughtered in the next general election.

Ummm ..... Funded by massive governemnt borrowing against 1/4 of the UK's working population paid for by the state ...fake .... and its going tits up ...and were talking Lolo Ferrari's here ( a google for andsome )

Pushkin ...gas mark 8 ...bags firsties

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I have grave doubts about their ability, or will, to make it that far. With or without champagne and truffles in the trough.

Me too.

Ummm ..... Funded by massive governemnt borrowing against 1/4 of the UK's working population paid for by the state ...fake .... and its going tits up

Yes and the current 'credit crunch' is only going to make things worse and the UK could even go into recession :0

Talking of debt, Government borrowing has risen and I read somewhere that the Government hasn't kept to it's borrowing rule and has far exceeded it's estimates.

Next year it may have to borrow even more if there's a consumer slowdown as this means less tax revenue from the sale of goods and services.

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Increasing oil prices (the major source of the problem), a declining stock market and a glut of housing are causing the economic problems in the US.

Until we distance ourselves from fossil fuel we will continue to see these problems.

True but around 70% of the cost of petrol over here in the UK is tax which isn't the case in the US !

I guess I should have further explained my point about the cost of crude oil. Yes, it definitely determines the price of gasoline which impacts not only the general consumer but also all those involved in moving good on land, in the air and by sea. Those costs are eventually passed onto the consumer. Also consider it's use in:

-plastics being used as the raw material to produce many of the products we use everyday, including products packaged in plastic.

-asphalt used to pave roads

-fuel oil used to heat homes

-fertilizers and pesticides used by farmers contain chemicals produced from petroleum

The list goes on and on but you get the point.

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oooooh eeer misses

Well so far Labour's only saving grace is a strong economy and if it goes 'pear shaped' then they will be slaughtered in the next general election.

Ummm ..... Funded by massive governemnt borrowing against 1/4 of the UK's working population paid for by the state ...fake .... and its going tits up ...and were talking Lolo Ferrari's here ( a google for andsome )

Pushkin ...gas mark 8 ...bags firsties

She was revolting.

I hadn't better add any more to the debate, or Rong will say I am making rabid postings again. The rest of you are doing fine, keep up the good work. :D

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