An Impending Economic Recession ?

[PalazioVecchio]

History often repeats in echoes. Can i invite any older Eagles to instruct our youth. Predict some of the stuff we can expect to observe again.

- unemployment
- negative equity

- businesses shutting down and/or relocating to the Developing World.
- the return of the mini-skirt

Prolonged war in Iran could tip the global economy into recession

We've modelled a "Prolonged Iran War" scenario using our Global Economic Model — and the results are sobering.

www.oxfordeconomics.com

Hemline index - Wikipedia

en.wikipedia.org

https://www.express.co.uk/news/politics/2151778/riots-recession-predicted-keir-starmers-uk

 

[PalazioVecchio]

well if there is mad inflation stalking the Land, maybe we can get our money back on Nketiah ? chance would be a fine thing...........

IMF cuts outlook, warns of potential global recession

The IMF has cut its global growth outlook, saying conflict-driven oil shocks have become a bigger threat to the world economy.

www.commbank.com.au

 

[ASCPFC]

Feels like recession is already here but the government/s manipulate figures so they don't get the blame. I'd be expecting a decade long depression. House price crash, mortgage defaults, forcible repossessions, pushback, riots, no tax cuts, welfare cuts, defence spending prioritised, China invades Taiwan. US dominance over. Europe to become undesirable for pretty obvious reasons. New wealth to be in Thailand, Vietnam, Laos, Cambodia - under Chinese remit and protection. Power and wealth to switch to the east - which a lot already has, again, not reported to us.
Unemployment - massive soon. Religion - Islam to rise even more than anyone can imagine. Largely as an organisation of hope and resistance. The West to be largely Islamic before eventually war with China's empire. Over the West's radical beliefs and terror attacks. Europe to be the new Middle East but without the wealth.
Africa - still not likely to get much better. Will largely try going to China but will be used as a low paid work force.

 

[Stirlingsays]

I reckon I've lost an inch in height already.

 

[chris123]

Just shows you how hydrocarbon dependent we are, we need a long term 50 year strategy to make sure we're better prepared. That means North Sea, infrastructure that will accept wind and sun inputs, and storage which we are pathetic at.

 

[Nth Kent Eagle]

Not looking good.

 

[beak]

Feels like recession is already here but the government/s manipulate figures so they don't get the blame. I'd be expecting a decade long depression. House price crash, mortgage defaults, forcible repossessions, pushback, riots, no tax cuts, welfare cuts, defence spending prioritised, China invades Taiwan. US dominance over. Europe to become undesirable for pretty obvious reasons. New wealth to be in Thailand, Vietnam, Laos, Cambodia - under Chinese remit and protection. Power and wealth to switch to the east - which a lot already has, again, not reported to us.
Unemployment - massive soon. Religion - Islam to rise even more than anyone can imagine. Largely as an organisation of hope and resistance. The West to be largely Islamic before eventually war with China's empire. Over the West's radical beliefs and terror attacks. Europe to be the new Middle East but without the wealth.
Africa - still not likely to get much better. Will largely try going to China but will be used as a low paid work force.

The GLOBAL economy is made up of many moving parts, China is neck deep in debt their building programme is teetering on bankruptcy,China is a mercantile Country that has to trade to survive. Many cheap products are made in the East but the quality products are made in the West, Trump was speaking recently of something he thought of as truly excellent and called it Rolls Royce standard. Rolls are poised to roll out S.N.Rs globally the first is being built in Wales.