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"Some very, very (very) large manufacturers are starting to prepare for hard times, possibly layoffs (as seen from the inside)." Yea, across the UK and Europe. The only positive thing for manufacturing at the moment is the increase in spending on defence, I know a company in Telford that builds tanks is taking on more staff | |||
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"For years, we've been living in a frothy bubble paid for with borrowed everything. It's as if the bills are coming due. Tax collectors and coffin makers should be okay." It’s looking that way. Pensioners and investors have lost a lot with the current tariffs imposed and it looks like other countries are retaliating. I spoke to a friend yesterday that owns an online selling business and she said it’s completely dead. Worst 30 days in the 8 years she’s been trading | |||
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"On the news this morning. London falls out of top five wealthiest cities in the world as millionaires flee capital. That will take a long time to get back, if it ever does ![]() That will never happen, they will threaten to leave but it is a proven fact they wont, so lets tax them and tax them some more. Oh, just read the story, they have left and took their money with them ![]() ![]() | |||
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"There's a lot of uncertainty about future prospects so most people are being sensible and trying to either reduce their debt or build up a reserve in case something bad happens to them. As for the government, UK debt is now at about 100% of GDP but nobody wants to pay more tax or see cuts to public services so what are the government supposed to do? There's little room for manoeuvre so we perhaps all need to be stoic for a while. There are no silver bullets." Stoic. You mean... Austerity? | |||
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"On the news this morning. London falls out of top five wealthiest cities in the world as millionaires flee capital. That will take a long time to get back, if it ever does ![]() and because they contribute nothing they won't be missed either. ![]() | |||
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"Stoic. You mean... Austerity?" No, I'm not a Tory. Perhaps you have a bandolier of silver bullets you could donate? | |||
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"Stoic. You mean... Austerity? No, I'm not a Tory. Perhaps you have a bandolier of silver bullets you could donate?" So what did you mean about us all being stoic for a while? | |||
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