Biggest Recession since 1706

Henarar

Member
Livestock Farmer
Location
Somerset
More like 10 million unemployed.

And a depression worse than the 1930's.

The above will happen unless Boris gets a backbone and comes to his senses and realizes he cannot lock down the UK for years on end just in case there is a second wave ( which is his current plan )
I thought you said the store price was good at the moment ?
lets hope it holds :unsure:
 

Muck Spreader

Member
Livestock Farmer
Location
Limousin
You may recall, we were all somewhat apprehensive (literally a cowboy film star) as to what he would get up to, but no, I think he shaped up fine. Of course towards the end of his 8 years his mind was going but he had good people around him.

this current guy :nailbiting:

I can't actually think of many truly great republican US presidents with the exception of Abraham Lincoln or Teddy Roosevelt. There are a number who knew their limitations and acted accordingly like Reagan. However, many of the others were just vain, greedy, stupid or a combination of all three.
 

robs1

Member
I can't actually think of many truly great republican US presidents with the exception of Abraham Lincoln or Teddy Roosevelt. There are a number who knew their limitations and acted accordingly like Reagan. However, many of the others were just vain, greedy, stupid or a combination of all three.
That sounds like most politicians
 

Exfarmer

Member
Location
Bury St Edmunds
A huge difference between Trump and Reagan although they were/are both Republicans they are no more similar than chalk and cheese.
Reagan had a true world vision But he also recognised his limitations and not only surrounded himself, with the best brains in America, he listened and took their advice.
Trump sees one world, it is America, sod the rest. He knows he has no limitations so advisers are sacked as soon as they disagree.
I believe the current Dr Fauci, was appointed by Reagan, and his advice has been taken by every president since
 

czechmate

Member
Mixed Farmer
What's it like in France?

You seem to spend most of your time pointing out what's going on here.

Easy to be a expert on a country you don't even live in.

you seem somewhat niggly with me of late?
I don’t know why? I actually support your govmt handling of this thing more than most on here.
Here, now cases and deaths falling off a cliff, along with Spain and Italy. I hope you share my view that this is good news?
Confinement rules being relaxed from Monday, some schools reopening for eg. Hairdressers not, which is a drag.
Carcass prices fell by 4% so much better than I feared.
This area would normally be getting busy by now with camper vans and holiday home owners arriving. Not at all, so very quiet still.
Farming business is about normal, other than having to wait at merchants locked gate to be let in. I think that will change next week.

i don’t think I have claimed, anywhere, to be an expert. You may (or may not) be surprised, but I am in very regular contact with my 3 kids, brother and mum, all living in the uk - so that does give me some idea of how it is there.
I certainly know that a lot of parents are pulling their hair out about lockdown childcare, whereas here I have no idea about such stuff here - as I don’t have much to do with anyone with small kids.

anything else you would like to know?

edit. What with this being a farming forum, main news - currently forecast for over 60mm (over 2”) rain Sunday night Monday morning which is a shame.
 
Last edited:

curlietailz

Member
Arable Farmer
Location
Sedgefield
It appears recession is coming
I know that means unemployment rises, businesses close/bankrupt, economy shrinks etc
But how will that affect farmers ??
Broad/general question but everybody still eats
Perhaps farming will be one industry that is better placed to fare well in a recession
 

czechmate

Member
Mixed Farmer
It appears recession is coming
I know that means unemployment rises, businesses close/bankrupt, economy shrinks etc
But how will that affect farmers ??
Broad/general question but everybody still eats
Perhaps farming will be one industry that is better placed to fare well in a recession

A good question.
My thinking going way back, was folk will have to eat, of course, but money will be tight, so surely farmers producing the basics rather than luxuries will be the more secure?
We produce a luxury :unsure:
 

Clive

Staff Member
Arable Farmer
Location
Lichfield
It appears recession is coming
I know that means unemployment rises, businesses close/bankrupt, economy shrinks etc
But how will that affect farmers ??
Broad/general question but everybody still eats
Perhaps farming will be one industry that is better placed to fare well in a recession

farming always seems to enjoy better times through recessions historically i believe ?
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
In farming we have had price crashes and failures year in year out, with this year looking like it could be a real disaster due to weather. We moan about it, but usually we find a way to pull through relying on reserves or “drawing our horns in” as they say here. My accounts over the last 10 years look like a roller coaster with profits varying wildly generally weather related or due to commodity prices being totally beyond our control.
Yet it would seem that a cessation of trading for some sectors of the economy for only 2 months with the government still paying their wages is enough to tip a lot of these businesses right over the edge. Do they not plan for a rainy day? Do they not have reserves? Can they not think of a contingency? They seem to make huge profits in the good times so do they put nothing aside to see them through the bad?
Facing the mother of all financial problems myself this year, I have little sympathy for some of these sectors who coined it in during the good times but now squeal like stuck pigs because they can’t manage even a couple of months of lost income. Try a year with no income and still bills to pay.
 

som farmer

Member
Livestock Farmer
Location
somerset
people knock trump, but the yanks like him, so that's their choice, but two things are clear about trump, the first is he is fiercely loyal to the USA, and secondly he has consistently, claimed the economy must resume asp. And, to be honest, that is what the USA wants, and even here, the economy has to restart soon, Boris is a bit of a 'wild card', and likes to make the impression of a jovial bumkin. He is, however, a very clever man, and should never be underestimated, he has surrounded himself with odd ball advisors, eg cummins, and cummings advert for the weird and wonderful staff.
Change was needed, and the election proved that, but how do you change the 'norm' ? By using the same old advisors, is not going to change much. It is by using advisors, that can think outside of the box, will make change happen. No-one knows what became of the job advert, who was, or wasn't hired, nor what is in planning behind the scenes, good, bad, or indifferent. In some ways, trump and boris are the same, neither are normal politicians, and neither are politically correct, but they both represent change, and that is why both were elected, people are fed up with the same old. You cant blame boris for being cautious over c19, it nearly killed him, but he didn't take long to be back to work,
But even boris couldn't have expected c19, and their is going to be massive global change, lets hope, he rises to the occaision.
 

som farmer

Member
Livestock Farmer
Location
somerset
In farming we have had price crashes and failures year in year out, with this year looking like it could be a real disaster due to weather. We moan about it, but usually we find a way to pull through relying on reserves or “drawing our horns in” as they say here. My accounts over the last 10 years look like a roller coaster with profits varying wildly generally weather related or due to commodity prices being totally beyond our control.
Yet it would seem that a cessation of trading for some sectors of the economy for only 2 months with the government still paying their wages is enough to tip a lot of these businesses right over the edge. Do they not plan for a rainy day? Do they not have reserves? Can they not think of a contingency? They seem to make huge profits in the good times so do they put nothing aside to see them through the bad?
Facing the mother of all financial problems myself this year, I have little sympathy for some of these sectors who coined it in during the good times but now squeal like stuck pigs because they can’t manage even a couple of months of lost income. Try a year with no income and still bills to pay.
businesses that 'make' have to sell, corporate greed has meant those at the lower end, are tightly squeegeed, so the top end can earn indecent amounts of money, the s/mkts are a good example. Capitalism is a good thing, but must run with a sense of fairness, it is that 'sense of fairness' that has gone, and could well be seen by the ballot box.
 

DrWazzock

Member
Arable Farmer
Location
Lincolnshire
people knock trump, but the yanks like him, so that's their choice, but two things are clear about trump, the first is he is fiercely loyal to the USA, and secondly he has consistently, claimed the economy must resume asp. And, to be honest, that is what the USA wants, and even here, the economy has to restart soon, Boris is a bit of a 'wild card', and likes to make the impression of a jovial bumkin. He is, however, a very clever man, and should never be underestimated, he has surrounded himself with odd ball advisors, eg cummins, and cummings advert for the weird and wonderful staff.
Change was needed, and the election proved that, but how do you change the 'norm' ? By using the same old advisors, is not going to change much. It is by using advisors, that can think outside of the box, will make change happen. No-one knows what became of the job advert, who was, or wasn't hired, nor what is in planning behind the scenes, good, bad, or indifferent. In some ways, trump and boris are the same, neither are normal politicians, and neither are politically correct, but they both represent change, and that is why both were elected, people are fed up with the same old. You cant blame boris for being cautious over c19, it nearly killed him, but he didn't take long to be back to work,
But even boris couldn't have expected c19, and their is going to be massive global change, lets hope, he rises to the occaision.

I hope you are right.
However, in a situation like this, without a vaccine, there is no rabbit that can be pulled out of the hat by any leadership no matter however clever they are. Getting through this will rely on hard work patience, discipline and perseverance . There won’t be quick fix. My biggest worry is whether the public are up to the job. For a generation there has steadily rising expectations. Toning those expectations down won’t be easy.
 

som farmer

Member
Livestock Farmer
Location
somerset
I hope you are right.
However, in a situation like this, without a vaccine, there is no rabbit that can be pulled out of the hat by any leadership no matter however clever they are. Getting through this will rely on hard work patience, discipline and perseverance . There won’t be quick fix. My biggest worry is whether the public are up to the job. For a generation there has steadily rising expectations. Toning those expectations down won’t be easy.
listening to some on tv, lock down in flats, saying the guvs got to do something, the realty is no one actually knows what is going to happen, a vaccine, or not, re-infection or not. We may have to live with this for years, or might be controlled by xmas, lock down, world wide was a quick fix, to get organised, and to slow down the spread, coming out of lockdown, is fraught with danger, will it/not flair up again ? will it mutate ? will it spread to children ? At this stage, nobody even knows if lock down was the correct thing to do ! Generations now have a much easier life, and how they cope, with the after effects of this, is yet to be seen, they are so used to having this, or that, could be a big shock !
But dr W is right, it is not going to be easy, coming out of this, and that will rely upon a joint effort, if we are going to succeed !
 

Brisel

Member
Arable Farmer
Location
Midlands
I expect many will

I will try to avoid their stuff now

Even the PPE many European countries are buying from China, is sub standard

French medics were demonstrating how crap it was with gowns shredding as they were trying to put them on

Avoid

Let’s restart UK manufacturing

Noble sentiments, but how do you really avoid Chinese goods? Most of the components in the device you’re posting on are made in China. Many consumer goods are made there because that’s where the can be made cheapest because the consumers prefer cheap to British made.

Manufacturing, along with agriculture, need a weak currency to thrive. Maybe a UK recession will help that. The government will need to provide incentives for manufacturers to set up shop here. We’re quite good at technology - arms, aerospace, engineering etc.
 

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