Is The Recession Affecting You?

[suttonred]

Come to my new club night on the 19th, you will love it, im even djing for a bit.

PM me details when you get chance, i love a good heckle!

[Sussex]

Shit news Magic. If they're not a complete bunch of cunts they should offer you some kind of help to get back on track (internally or with an outside company) with cv/letter writing, interview techniques etc.. Worth thinking about.

[magicroundabout]

trouble is sussex they are a bunch of cunts. going to appeal against the decision and then take them to court for unfair dismissal.

lot of unfair crap flying around which stinks

[Doore]

That's crap magic, I hope it works out well in the long-term for you.

[Ardiles]

Bump.

Hopefully this isn't going to develop in to another full blown recession, but signs aren't great at the moment.  All starting to feel a bit 2008 again....only this time governments everywhere have fewer options for sorting the mess out.

The Euro's on its last legs, I reckon.  Not good.

[Freddies Ferret]

All the signs are there, and its all looking very grim. Im feeling the pinch big time. Petrol prices have basically forced me to consider a move to Swindon!

[Reg Smeeton]

Bump.

Hopefully this isn't going to develop in to another full blown recession, but signs aren't great at the moment.  All starting to feel a bit 2008 again....only this time governments everywhere have fewer options for sorting the mess out.

The Euro's on its last legs, I reckon.  Not good.

The banker's recession never really went away. Historically such double dip recessions often presage some sort of global conflict....the Great War being a prime example.  Uncertain times.....

[ghanimah]

Bump.

Hopefully this isn't going to develop in to another full blown recession, but signs aren't great at the moment.  All starting to feel a bit 2008 again....only this time governments everywhere have fewer options for sorting the mess out.

The Euro's on its last legs, I reckon.  Not good.

Agreed, it's not looking good. The Euro has been on its last legs for a long time, begging to be put out of its misery. I suspect it will hang on for a while yet. The EU will do anything to prop it up regardless of the cost

[Samdy Gray]

I see Peston's already calling it Credit Crunch 2.

[Nemo]

Typical modern world, everything's a bloody sequel.

[london_red]

The Euro's on its last legs, I reckon.  Not good.

For my job I'm quite heavily involved in the european bond markets and there's a real fear at the moment that this could be curtains for the eurozone. Half the countries are on the verge of de facto bankruptcy and can't pay their debts with Germany footing huge amounts of the bill. Eventually the Germans will say enough is enough, the problem will be if it cripples their own economy first.

Although we're not part of the Euro, this would be pretty catastrophic over here as well.

Let's just hope it doesn't come to that.

[Don Rogers Shop]

Couldn't give a fuck we got a match tomorow.

[Arriba]

Mr mrs has had her work hours cut by a third. Bit of a bastard but not the end of the world.

[Huwwy]

Mr mrs has had her work hours cut by a third. Bit of a bastard but not the end of the world.

On the bright side there's more time for her to do the cleaning!

[ghanimah]

For my job I'm quite heavily involved in the european bond markets and there's a real fear at the moment that this could be curtains for the eurozone. Half the countries are on the verge of de facto bankruptcy and can't pay their debts with Germany footing huge amounts of the bill. Eventually the Germans will say enough is enough, the problem will be if it cripples their own economy first.

Although we're not part of the Euro, this would be pretty catastrophic over here as well.

Let's just hope it doesn't come to that.

It will almost certainly come to that. There are no good options, those that exist are; full political union - no country will get away with that with their electorate, fiscal union - i.e. Germany funds the debt ridden countries (very unlikely the German taxpayers will agree to that for long), an orderly breakup of the Euro - extricate Greece, Portugal, Italy et al from the currency (EU officials will never agree to that) or what is happening now - the EU fudges the whole thing with bullshit in order to save face until the inevitable happens, and the longer it lasts the worst the consequences of the ultimate breakup will be.