Will the Economic Situation We Arein Be Better or Worse in the next 12 Months?
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How do you think the economic situation of the country as a whole will change over the next 12 months?
After the budget Wednesday will as a country we get the economy be any better or will it get worse or stay the same .
Is there anything your financially better off with doing and has nothing to do with the budget . I know for 1 thing the brilliant chat section has such a wealth of knowledge in saving me and my family money .
I imagine for most of us our financial outgoings will be higher, especially if your low mortgage deal term ends soon. If you’re a saver then you earn more interest and will have to declare earnings to do a self assessment.
Things are only going to get worse I'm afraid, yes energy is going to go down in price in April but everything else is rising
WIth the return of facism in US and Europe there will be an economic boom for a while until beyond 12 months even. Like taking heroin for the first time - it will be the best day of your life - but then what follows will be HELL on earth. Atleast thats what i see
Despite having about £150k of government debt, pension liabilities and other liabilities on every single person's head in the UK from a baby just born to a person on their death bed the government is still borrowing so that debt is growing and becoming even more unmanageable. We have a population happy to export most of their wages and a government clueless how to run the country and an opposition no better. No political party has come up with a recovery manifesto on how to return to a trading surplus and live within our means and start paying back our huge debts. We are destined to get much poorer due to an economically illiterate population and government. At some point we will default and likely need a IMF bailout and then austerity will be ramped up to unforeseen levels as part of the IMF bailout conditions. It's a sad state of affairs for a once great nation but nations always rise and fall over time. Sadly we are living our lives within a period of great reduction in wealth same as much of Europe and the US. The wealth and power is moving more to Asia today.
BonzoBanana I agree with every word. It is time the government learned to say no to all the organisations holding their hands out for funding. Why do parents of 6 kids expect the government to feed them, why does child benefit even exist, why do people who smoke and drink get handouts or need food banks, why are we looking after the whole bl**dy world at the expense of our own, why are we giving free medical treatment to foreigners and tourists, why are they spending money on diversity projects when there is no longer any imbalance of treatment of minorities (anyone watch tv?). Daily my anger and frustration with the government increases and I am damned sure they couldn't care less about anything other than their own power, well being and wealth!
Lynibis It does seem like the government and news services focus on trivia when there are real issues of economics to be dealt with. The government solution seems to be keep paying themselves generous wages and pensions and keep borrowing to keep the economy turning. That's about it.
I don't think that it will get any better unfortunately. We do absolutely everything we can to save money, I am ridiculously frugal.
Likely worse. I bet these fools, who are supposedly running the country (into the ground), can't even do their own laundry!
I'd like to think prices go down and things become cheaper. I doubt it. The world is unstable at the moment.
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