Christ, what a dreadful thread. Things are never as good as they seem, but also they're never as bad as they seem. I'm getting bored to tears with some saying the world is doomed and will never recover from this. It's bollox. Tough times are here and they will be for some time but why tf would people stop buying houses forever for instance? A small drop in prices is no bad thing frankly. In every walk of life we've seen valuations getting way too far ahead of reality, this is a sharp but awful dose of reality.
Everything’s devalued by 30%
- Thread starter warksfarmer
- Start date
shakerator
Member
- Location
- LINCS
the tests are awful awful things
toquark
Member
God what a depressing read.
Life in the west has been too good for too long and we now have two generations who have never had any real collective hardship to contend with but this isn't the end of the world.
The media have a lot to answer for by sensationalising and catastrophising the situation. I've had to turn Piers Morgan off, if he says "we're in a war" one more time I swear I'll throw the telly out the window!!!
Life in the west has been too good for too long and we now have two generations who have never had any real collective hardship to contend with but this isn't the end of the world.
The media have a lot to answer for by sensationalising and catastrophising the situation. I've had to turn Piers Morgan off, if he says "we're in a war" one more time I swear I'll throw the telly out the window!!!
The media have frankly been making a total embarrassment of themselves throughout this. Their constant pathetic "questions" are out of step with the country. There was a poll on last night showing how resilient the general public are and how they are behind the lockdown. The overwhelming majority want it to continue for a while. Contrast that with the media's wailing about it being unbearable.
sheepwise
Member
- Location
- SW Scotland
Can see the 1930s happening all over again. Farmers in the south east of England will desert their farms and the canny Scots will descend in droves and take over most of Essex and Cambridgeshire!!!
- Location
- Northumberland
Yes.Particularly if you have an overdraft aswell(doesnt have to be large either). They know that all they have to do is pull your overdraft and if you have not defaulted on your long term loan,you soon will.
- Location
- roe valley
I agree, there should be a lockdown on the forum of these type.of threads because they clearly are not productive or helpful. I was always taught that sharing doubt is a dangerous thing.
I've cut most of my media and social media intake, its has been repetitive since the third week. They are trying to stay relevant, their business is bad news. Media moguls profit on bad times. Everyone is in this together it's the one thing that has united the nation for at least one generation, we are resilient people.
(I'm aware its gathered from a media outlet, and an entertainer/celebrity who I dont think we should listen to normally or use as a moral compass. This time he is spot on)
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It is hard to see where this is going as a lay person, especially as the so called experts seem to have different views. As I see it if there is too little money floating around the economy and a large proportion of the population cannot buy the basics because of lack of money there will be deflation.
I cannot see a government, at that point, presiding over that scenario as there would be anarchy with crime spiraling up.
The option will be to continue printing money by the container load to give people buying power. If too few goods available then wholesale inflation will result.
I cannot see a government, at that point, presiding over that scenario as there would be anarchy with crime spiraling up.
The option will be to continue printing money by the container load to give people buying power. If too few goods available then wholesale inflation will result.
Deutzdx3
Member
Don’t disagree, look at oil going negative, best thing to do would bulk buy some deep freezers and stock them up over the coming months ready for it. We’re waiting for a grant for green tech to bring a battery machine to market, government dragging its feet, meant to have been online last September. The uk has turned into a commodity based country. Manufacturing is sparse when it comes to situations like this. It’s a sad situation, hopefully what you have put won’t come to fruition but signs right now are indicating it all heading that way.
Sun is warm, Grass is green.
Read David Nott's book "War Doctor" for perspective; (and reflect long upon the "cheap" Russian AN fert in your shed).
And next time somebody says we are at war, tell them they are a "coconut".
Everything is only devalued 30% if you sell.
Read David Nott's book "War Doctor" for perspective; (and reflect long upon the "cheap" Russian AN fert in your shed).
And next time somebody says we are at war, tell them they are a "coconut".
Everything is only devalued 30% if you sell.
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Johnnyboxer
Member
- Location
- Yorkshire
All true and an insightful post
Johnnyboxer
Member
- Location
- Yorkshire
I have said that before
Johnnyboxer
Member
- Location
- Yorkshire
It's their money, so they can be as difficult as they want to be ............
toquark
Member
Looking at the positives too, I think this is a major wake up call to western governments who for the last 50 years have been exporting key manufacturing to the far east. I wouldn't be at all surprised if this leads to major economies repatriating some industries to ensure capacity during hard times. To be fair on him, Trump has recognised this and has been making moves this way in the US since 2017. Goes back to my point about western countries having it too good for too long, we've forgotten the importance of being - to a degree - self sufficient.
From a farming point of view a move in this direction could be massively beneficial.
From a farming point of view a move in this direction could be massively beneficial.
Johnnyboxer
Member
- Location
- Yorkshire
Some businesses will have to change, their operating practices and that includes farmers too - get closer to your customer and cut out the middle man, glory will be yours then
Tonka
Member
- Location
- N Yorkshire
Another doom-mongering thread, I'm out of here!
Grassman
Member
- Location
- Derbyshire
Some of the media are just looking for ways of tripping up the government minister as their downfall makes news. They continually go on asking stupid questions that any sensible journalist knows can't be answered yet. Piers Morgan, Laura kuensberg, Robert peston have all gone down in my estimations drastically.
And as for kier starmer. I thought he was being quite sensible with his approach to the government and how they were dealing with it. Then he says testing was too slow, lock down was too slow and soft and ppe supply was the fault of the government.
Funny how he didn't bring these things up a few weeks ago. Everyone is an expert with a dose of hindsight
Can’t help thinking farms/land would be the last thing they would pull the plug on as long as repayments are being met
Grassman
Member
- Location
- Derbyshire
One thing to remember is if the economies of lots of countries have devalued then it may be easier to comete with the low cost China product. And I think countries will be keener to get producing stuff themselves.
- Location
- Near Derby
I think things will pick up sooner than some say. I hope we start making more stuff in our own country like Germany already do. I sincerely hope Boris tells the Chinese what they can do with their 5G, I'm sure we are capable of doing this as we did invent the phone in the first place.
Most countries in the world are in difficulty, so it is the same for all. I am optimistic that we will soon be over this and back to normal.
Most countries in the world are in difficulty, so it is the same for all. I am optimistic that we will soon be over this and back to normal.