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[Finance] BOE: The UK is like a coiled spring.

  • Thread starter Deleted member 2719
  • Start date

Are you

  • Better off

    Votes: 66 49.6%
  • Worse off

    Votes: 28 21.1%
  • About the same

    Votes: 39 29.3%

  • Total voters
    133


D

Deleted member 2719

Guest
Given that none of us have access to your personal finances, it would also be quite difficult.

Thanks for doing the poll. I felt it was in the interest to gauge the picture of where we may come out initially when this lockdown lifts.

I really do not believe your powers can not crack my account and workout/forecast my future expenditure and at what age I may depart this planet.

How much can I spend today sir???

:lolol:
 




nickbrighton

Well-known member
Feb 19, 2016
2,133
I’m now addicted to gay porn.

It’s an expensive habit, so I have a lot less money.

anyone who pays for gay porn really doesn't know what they are doing on the interweb . (Or any porn for that matter)

It never ceases to amaze me that with the likes of twitter various porn sites and the rest that anyone pays for porn!
 


Harry Wilson's tackle

Harry Wilson's Tackle
NSC Patron
Oct 8, 2003
56,122
Faversham
Where's the '**** off' option?
 


Simster

"the man's an arse"
Jul 7, 2003
54,952
Surrey
Thanks for doing the poll. I felt it was in the interest to gauge the picture of where we may come out initially when this lockdown lifts.

I really do not believe your powers can not crack my account and workout/forecast my future expenditure and at what age I may depart this planet.

How much can I spend today sir???

:lolol:
Presumably those who have a job will have put away lots of money or paid off debts, and those whose income has fallen to a trickle (or worse) will have racked up debts and be spending the next decade paying them off.

How exactly is posting a poll with about 100 responses going to help you gauge the picture when the lockdown lifts? Absolutely retarded.
 
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*Gullsworth*

My Hair is like his hair
Jan 20, 2006
9,351
West...West.......WEST SUSSEX
So who to believe the BOE or a newspaper?


I doubt many firms who have lost contracts or employees who have lost their jobs would agree with The Chancellor's cautious optimism of a possible bounce back in the economy
There may well be certain sector's of the economy that can move forward quickly when the new normal comes into view but there will be a plethora of unemployed searching for newjobs which will simply not be there.
 






Pavilionaire

Well-known member
Jul 7, 2003
31,265
anyone who pays for gay porn really doesn't know what they are doing on the interweb . (Or any porn for that matter)

It never ceases to amaze me that with the likes of twitter various porn sites and the rest that anyone pays for porn!

The only way you can get access to hardcore pornography is if you mail off for a satellite smart card decoder, then you're in business.

Not my advice Nick, but the advice of Alan Partridge.
 


dazzer6666

Well-known member
NSC Patron
Mar 27, 2013
55,554
Burgess Hill
I doubt many firms who have lost contracts or employees who have lost their jobs would agree with The Chancellor's cautious optimism of a possible bounce back in the economy
There may well be certain sector's of the economy that can move forward quickly when the new normal comes into view but there will be a plethora of unemployed searching for newjobs which will simply not be there.

The bounceback is an overall view though.......there are always winners and losers in any period but the optimism is well founded IMO.
 








indy3050

Well-known member
Jun 22, 2011
1,394
My wife is 20% down and furloughed/homeschooling and I’m 15% plus overtime down. The only think keeping me above water is there is nothing to spend money on.
 




The Antikythera Mechanism

The oldest known computer
NSC Patron
Aug 7, 2003
8,087
My ISA’s and SIPP have increased 14% Feb 2020 - Feb 2021 even though the FTSE has gone from 7500 to 6500 in the same period, a decrease of 14%.
 


Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,705
The Fatherland
This does raIse an interesting discussion as to what the post-Covid world will look like. Berlin, IMHO, has always been a true city of dreams. Premises are cheap, you don’t need much capital to start a business, money is easily borrowed from Crowdfunding and/or Sparkasse banks at stupidly low rates and the only real limit is your (realistic) imagination. Whilst bigger businesses are struggling, going bust and vacating premises I have seen many smaller to medium sized ,more nimble, restaurants and bars and cafes and 2 breweries seizing this moment and expanding. I’ve also seen a new music venue start up and numerous pop-ups testing the water.

Whilst I don’t like to see anyone go bust the times are a changing and for the better as far as I’m concerned.
 


*Gullsworth*

My Hair is like his hair
Jan 20, 2006
9,351
West...West.......WEST SUSSEX
The bounceback is an overall view though.......there are always winners and losers in any period but the optimism is well founded IMO.
It may well be the case the BOE are cautiously optimistic about a quick bounce back in the economy in the short term but this may well be tempered in the mid term by increased unemployment and employees hit harder with increase taxation which will stem growth of any burgeoning economy.:eek:
 




dazzer6666

Well-known member
NSC Patron
Mar 27, 2013
55,554
Burgess Hill
It may well be the case the BOE are cautiously optimistic about a quick bounce back in the economy in the short term but this may well be tempered in the mid term by increased unemployment and employees hit harder with increase taxation which will stem growth of any burgeoning economy.:eek:

It’s a cycle...the bounceback will create the employment......will take a while though
 


Bry Nylon

Test your smoke alarm
Helpful Moderator
Jul 21, 2003
20,575
Playing snooker
Whilst bigger businesses are struggling, going bust and vacating premises I have seen many smaller to medium sized ,more nimble, restaurants and bars and cafes and 2 breweries seizing this moment and expanding. I’ve also seen a new music venue start up and numerous pop-ups testing the water.

Whilst I don’t like to see anyone go bust the times are a changing and for the better as far as I’m concerned.

Yes, but can’t just have an economy based on cafes, bars, restaurants and music venues. You need people with jobs and incomes to patronise these places, unless they all just go to each other’s cafes on their days off?
 


*Gullsworth*

My Hair is like his hair
Jan 20, 2006
9,351
West...West.......WEST SUSSEX
It’s a cycle...the bounceback will create the employment......will take a while though

I not saying it anyone's fault but i think we will hit several mini 'boom & bust ' periods before the economy flatlines and a semblance of normality returns.
 










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