Comments on: A year of austerity looms in 2010 http://blogs.reuters.com/great-debate-uk/2009/12/23/a-year-of-austerity-looms-in-2010/ Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Oliver Gillies http://blogs.reuters.com/great-debate-uk/2009/12/23/a-year-of-austerity-looms-in-2010/comment-page-1/#comment-9121 Sun, 27 Dec 2009 07:16:49 +0000 http://blogs.reuters.com/great-debate-uk/?p=4993#comment-9121 It is quite funny here in the UK because the majority of average consumers I feel are still in denial about the state of our economy and what is still to come around the corner.

Like the stock market, house prices, confidence and commodity prices are cyclical and as soon as a lot of people heard about property values rising as well as gold a lot of uninformed people thought we where coming out of the other end.

In my opinion we still have a long way to go, and I expect unemployment to get a lot worse, especially with the inevitable fall in public spending which is likely to further compound the problem exponentially considering the government is the biggest purchaser of private products in the UK.

Good luck my fellow Brits, it may be good to sharpen up on them hunter gatherer skills in case the feces really hits the fan.

Olly

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By: The Bell http://blogs.reuters.com/great-debate-uk/2009/12/23/a-year-of-austerity-looms-in-2010/comment-page-1/#comment-9100 Thu, 24 Dec 2009 22:57:23 +0000 http://blogs.reuters.com/great-debate-uk/?p=4993#comment-9100 “A year of austerity looms in 2010″

and

“now it is time to prepare for ten years of lean”

Which is it? I’m just trying to decide how pissed off to be that austerity is even an option for the people who do the work while CDO parasites redefine the playing field to their own benefit, and keep on getting away with it.

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