UK's prospects : Wed Jul 25, 2012 11:28 am  

Seems like the central plank of the government's economic policy is starting to unravel. The "safe-haven" aspect that has kept the government's borrowing costs low is showing signs of evaporating. Last quarter there was a net outflow of funds from the UK after a big inflow previously. So international investors are losing faith in the UK's prospects. That coupled with low / no growth, relatively slow progress on deficit and debt. the collapsing Euro, etc makes things look bleak. Are we heading for a Great Depression?

Re: UK's prospects : Wed Jul 25, 2012 3:06 pm  

Seems like the knives are being sharpened: http://www.dailymail.co.uk/news/article ... le-go.html General Election?

Seems like the knives are being sharpened: http://www.dailymail.co.uk/news/article ... le-go.html General Election?

Re: UK's prospects : Wed Jul 25, 2012 3:15 pm  

At the risk of talking to myself, why not answer the poll question here: http://www.telegraph.co.uk/news/politic ... b-Dem.html If it gets up to 80% say he should go the Tory back-benchers may well oust him.

At the risk of talking to myself, why not answer the poll question here: http://www.telegraph.co.uk/news/politic ... b-Dem.html If it gets up to 80% say he should go the Tory back-benchers may well oust him.

Re: UK's prospects : Wed Jul 25, 2012 3:36 pm  

Rubbish, it's not their fault, they inherited it from the previous government(tm)

Re: UK's prospects : Wed Jul 25, 2012 3:51 pm  

Plan C anyone?

Re: UK's prospects : Wed Jul 25, 2012 4:00 pm  

Chris28 wrote:

Plan C anyone?

C??? They still haven't admited that they have a plan B

Re: UK's prospects : Wed Jul 25, 2012 4:04 pm  

They've never had a strategy for getting us out of recession. All they've done is tell us how bad things are going to be and that they are going to be bad for a long time and none of it is their fault.

Re: UK's prospects : Wed Jul 25, 2012 4:10 pm  

Surprise, surprise: http://www.dailymail.co.uk/news/article ... lapse.html

Surprise, surprise: http://www.dailymail.co.uk/news/article ... lapse.html

Re: UK's prospects : Wed Jul 25, 2012 4:20 pm  

Anakin Skywalker wrote:

C??? They still haven't admited that they have a plan B

Plan A wasn't even a plan.
At least, not a plan to get the country out of recession, the cuts are to satisfy tory ideology and we are supposed to swallow the reasoning that cuts will get us out of recession ... they won't.

Can this government last until 2015?

Re: UK's prospects : Wed Jul 25, 2012 8:57 pm  

Dally wrote:

Seems like the central plank of the government's economic policy is starting to unravel. The "safe-haven" aspect that has kept the government's borrowing costs low is showing signs of evaporating. Last quarter there was a net outflow of funds from the UK after a big inflow previously. So international investors are losing faith in the UK's prospects. That coupled with low / no growth, relatively slow progress on deficit and debt. the collapsing Euro, etc makes things look bleak. Are we heading for a Great Depression?

For most of your post the correct answer is "no shet Sherlock" but there are no signs that the interest rates on UK government bonds are going up.

In fact I will make two 'positive' predictions for the next couple of years, despite the gloom, inflation will be low and the interest rate on UK government borrowing will be low. Inflation will be low because of the absolute dearth of demand. Government bond yields will be low because long term expectations of UK interest rates are low as everyone knows we will be in the doldrums for ages and the Bank of England will keep rates at the floor, for the limited amount of good that it will do...