UK in recession....its official

View previous topic View next topic Go down

UK in recession....its official

Post by SunburnedPenguin on Tue Sep 02, 2008 9:20 pm

It has now been officially announced that the UK will sink into recession next year. Great. With a mixture of a housing market slump and the fuel prices, it was inevitable really.

At the moment, we have not been personally affected....mainly due to my pay rise and my other half finally finding a decent job after being made redundant, but it was a close call. Luckily also, we have no plans to sell our house (its our forever home) so having a negative equity in the near future wont effect us. What will strangle us though, is the increase in household bills and mortgage payments.

We are lucky so far, but I wonder how long that luck will last. I fear for the people who are already effected by the "heat or eat" dilemma and the tens of thousands of people that will lose their homes.

I remember the last recession we went through and how many people lost everything. Good luck Britain. Its going to be a rough ride.

_________________
AUGUST HALL OF FAME NOMINATIONS OPEN! PLEASE PM ME YOUR FAVOURITE THEORY OF AUGUST!!!!!!!!

Losties is moving!!!! Read the Blog by clicking the new link at the top of the page!

You may have noticed a new arcade section.....pm me suggestions for games you would like to see added!

Losties RPG area now open! Check it out HERE
avatar
SunburnedPenguin
Admin

Number of posts : 1411
Age : 42
Location : Near Cardiff
Humor : You'll get used to it :)
Registration date : 2008-04-14

Character sheet
Name: Kudos Manilla

View user profile http://www.losties.darkbb.com

Back to top Go down

Re: UK in recession....its official

Post by JWLost on Tue Sep 02, 2008 9:28 pm

Welcome, Jax, to the wonderful world of the USA!!

My parents own a large victorian house (own being key word because if they had to make any type of payments on it they would be boned) and as of last year, to heat the house, the gas bill was about 800+ a month. This year, well... they are actually thinking about selling it because of the gas prices. Also, the electric companies have be de-regulated so they are supposed to increase electric bills by 60%. What's next? Water bills being 300 a month? It is all so redic.

On the "heat or eat" issue... my average monthly grocery bill usually runs about 450-500. This past month it was closer to 700. This is all getting so out of hand.
avatar
JWLost
Others

Number of posts : 388
Age : 34
Location : PA/NY
Humor : Sarcastic
Registration date : 2008-08-15

Character sheet
Name: Lee

View user profile

Back to top Go down

Re: UK in recession....its official

Post by SunburnedPenguin on Tue Sep 02, 2008 9:30 pm

Its ridiculous isnt it. Makes me think about my fantasy island with no taxes. Maybe thats why I like Lost so much, I want to live there lol

_________________
AUGUST HALL OF FAME NOMINATIONS OPEN! PLEASE PM ME YOUR FAVOURITE THEORY OF AUGUST!!!!!!!!

Losties is moving!!!! Read the Blog by clicking the new link at the top of the page!

You may have noticed a new arcade section.....pm me suggestions for games you would like to see added!

Losties RPG area now open! Check it out HERE
avatar
SunburnedPenguin
Admin

Number of posts : 1411
Age : 42
Location : Near Cardiff
Humor : You'll get used to it :)
Registration date : 2008-04-14

Character sheet
Name: Kudos Manilla

View user profile http://www.losties.darkbb.com

Back to top Go down

Re: UK in recession....its official

Post by TheHolyStickman on Tue Sep 02, 2008 10:34 pm

How long do these recessions last... because I don't want to come into the real world while its in recession and everything is expensive. Once again I don't have much knowledge of tax and stuff like that so I'll be taking a back seat for this conversation.
avatar
TheHolyStickman
The Chosen Ones

Number of posts : 1115
Age : 22
Location : Norfolk England
Humor : Witty
Registration date : 2008-05-18

Character sheet
Name: Roger Gilmour

View user profile

Back to top Go down

Re: UK in recession....its official

Post by Shamballa on Tue Sep 02, 2008 10:53 pm

Here's my big gripe. I've noticed this trend toward downsizing product packaging at the grocery. Have you noticed this in the UK?

What used to be a 20 oz. box of cereal has decreased to a 16 oz. box but it costs the same or more. Same with snacks, pop, and practically everything else. It's ridiculous.

I'm with you Jax. Tax free island here I come!

_________________
Shamalamadingdong
avatar
Shamballa
Moderator

Number of posts : 621
Age : 50
Location : Indy, USA
Humor : Only on Tuesdays
Registration date : 2008-05-15

Character sheet
Name: Mat Deade

View user profile http://shamballa108.blogspot.com/

Back to top Go down

Re: UK in recession....its official

Post by Shamballa on Tue Sep 02, 2008 11:00 pm

TheHolyStickman wrote:How long do these recessions last... because I don't want to come into the real world while its in recession and everything is expensive. Once again I don't have much knowledge of tax and stuff like that so I'll be taking a back seat for this conversation.

I won't candy coat it bud, it could last years. Not to scare you but my gut tells me things will continue to get worse. There are many similarities between now and the years just prior to the Great Depression and WWII. The up side of that is that people who went through those years, like my grandparents, learned valuable lessons and came out of it better people.

_________________
Shamalamadingdong
avatar
Shamballa
Moderator

Number of posts : 621
Age : 50
Location : Indy, USA
Humor : Only on Tuesdays
Registration date : 2008-05-15

Character sheet
Name: Mat Deade

View user profile http://shamballa108.blogspot.com/

Back to top Go down

Re: UK in recession....its official

Post by AngeloComet on Tue Sep 02, 2008 11:19 pm

Yeah, things suck around the UK. But then I think the Western world in general is going through the same thing.

Like you, SBP, between myself and my fiancee we're doing fine financially. Our new mortgage is manageable even without the pay rise we're both gonna get soon. Bills and shopping prices just encourage us to be that little bit more prudent about the heating and eating expenses.

Don't stress out too much, THS. The only thing you've got to worry about is your studies, fella! Leave money-worries for the time when you've got to really worry about your money! And if you study well and get all smart and into a sweet ass job maybe you'll never have money worries. . .
avatar
AngeloComet
On Jacobs List

Number of posts : 626
Age : 39
Location : Manchester, United Kingdom
Humor : Dry and witty. Like my women.
Registration date : 2008-05-13

Character sheet
Name: Jack

View user profile http://www.angelocomets-lost-place.blogspot.com/

Back to top Go down

Re: UK in recession....its official

Post by nino_1 on Tue Sep 02, 2008 11:20 pm

wait till you come to mexico. you all will said damm we are better off then mexico
LOL if i complaint i will never stop
avatar
nino_1
Others

Number of posts : 335
Age : 39
Registration date : 2008-05-14

Character sheet
Name: REX

View user profile

Back to top Go down

Re: UK in recession....its official

Post by Shamballa on Tue Sep 02, 2008 11:27 pm

He definitely has a jump on the "smart" part.

_________________
Shamalamadingdong
avatar
Shamballa
Moderator

Number of posts : 621
Age : 50
Location : Indy, USA
Humor : Only on Tuesdays
Registration date : 2008-05-15

Character sheet
Name: Mat Deade

View user profile http://shamballa108.blogspot.com/

Back to top Go down

Re: UK in recession....its official

Post by SomeArztOnYou on Wed Sep 03, 2008 1:33 am

Shamballa wrote:pop

That's the further west you go, I guess. JWLost, as a PA native, I'm sure you've heard it. My family's out in Altoona now, so it's all pop around there. I call it soda though, doggone it.
avatar
SomeArztOnYou
On Jacobs List

Number of posts : 800
Age : 36
Location : Pennsylvania, USA
Humor : Dry
Registration date : 2008-05-16

Character sheet
Name: Otto Hanren

View user profile http://www.myspace.com/lawnmeister

Back to top Go down

Re: UK in recession....its official

Post by dabiatchishere on Wed Sep 03, 2008 1:38 am

nino_1 wrote:wait till you come to mexico. you all will said damm we are better off then mexico
LOL if i complaint i will never stop


Ain't that the truth, Nino!!! Way to put things into proper perspective!
avatar
dabiatchishere
Others

Number of posts : 119
Age : 58
Location : Canada
Humor : Outrageous!
Registration date : 2008-07-23

View user profile

Back to top Go down

Re: UK in recession....its official

Post by Lateralus on Wed Sep 03, 2008 3:24 am

SomeArztOnYou wrote:
Shamballa wrote:pop

That's the further west you go, I guess. JWLost, as a PA native, I'm sure you've heard it. My family's out in Altoona now, so it's all pop around there. I call it soda though, doggone it.

Down south everything is a "coke". Be it Sprite, Dr.Pepper, Pepsi , whatever. "Hey I'm goin' for a coke, you want one?"
"Sure"
"Okay, watcha want?" is about how that goes.
avatar
Lateralus
On Jacobs List

Number of posts : 526
Age : 38
Location : Little Rock, AR
Humor : "I hate you Milkman Dan"
Registration date : 2008-05-16

Character sheet
Name: Lateralus Finn

View user profile

Back to top Go down

Re: UK in recession....its official

Post by blonde on Wed Sep 03, 2008 3:57 am

[quote="Lateralus"]
SomeArztOnYou wrote:
Shamballa wrote:pop

>Down south everything is a "coke". Be it Sprite, Dr.Pepper, Pepsi , whatever. "Hey I'm goin' for a coke, you want one?"
"Sure"
"Okay, watcha want?" is about how that goes.

True dat. LOL
avatar
blonde
Others

Number of posts : 437
Age : 43
Location : Dallas
Humor : +1
Registration date : 2008-05-13

Character sheet
Name: Tallulah-Raye

View user profile

Back to top Go down

Re: UK in recession....its official

Post by Shamballa on Wed Sep 03, 2008 4:34 am

I said "pop" but being from the middle of the country I've heard them and used them all, but I know exactly what you mean Lateralus. Taco Bell just loves it when I ask for a "Coke" even though I know they only serve Pepsi products (blech).

_________________
Shamalamadingdong
avatar
Shamballa
Moderator

Number of posts : 621
Age : 50
Location : Indy, USA
Humor : Only on Tuesdays
Registration date : 2008-05-15

Character sheet
Name: Mat Deade

View user profile http://shamballa108.blogspot.com/

Back to top Go down

Re: UK in recession....its official

Post by blonde on Wed Sep 03, 2008 4:42 am

I want Taco bell...
I would order:
1 soft taco
1 tostada
2 beef mexi-melts
1 baja chicken soft taco


YUM YUM!!! I am kick-boxing in the am so I could if I wanted....
avatar
blonde
Others

Number of posts : 437
Age : 43
Location : Dallas
Humor : +1
Registration date : 2008-05-13

Character sheet
Name: Tallulah-Raye

View user profile

Back to top Go down

Re: UK in recession....its official

Post by Shamballa on Wed Sep 03, 2008 5:07 am

blonde wrote:I want Taco bell...
I would order:
1 soft taco
1 tostada
2 beef mexi-melts
1 baja chicken soft taco


YUM YUM!!! I am kick-boxing in the am so I could if I wanted....
Sounds like one helluva an explosive evening to me.

_________________
Shamalamadingdong
avatar
Shamballa
Moderator

Number of posts : 621
Age : 50
Location : Indy, USA
Humor : Only on Tuesdays
Registration date : 2008-05-15

Character sheet
Name: Mat Deade

View user profile http://shamballa108.blogspot.com/

Back to top Go down

Re: UK in recession....its official

Post by JWLost on Wed Sep 03, 2008 5:10 am

SomeArztOnYou wrote:
Shamballa wrote:pop

That's the further west you go, I guess. JWLost, as a PA native, I'm sure you've heard it. My family's out in Altoona now, so it's all pop around there. I call it soda though, doggone it.


No way!!! I am only about 20 minutes from Altoona! Well, where my parents live and where I grew up anyway... Ever hear of Ebensburg?

As for pop... heck yeah, everyone says pop, but I hate the word. I'm a "soda sayer" as well. Rock on soda!! In Western Pa we are obsessed with Mt. Dew... in fact, I'm drinking some right now.

Also, before I read this I just finished up some tacos from Taco Bell!!! Haha, small world this is....
avatar
JWLost
Others

Number of posts : 388
Age : 34
Location : PA/NY
Humor : Sarcastic
Registration date : 2008-08-15

Character sheet
Name: Lee

View user profile

Back to top Go down

Re: UK in recession....its official

Post by Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum