Thursday, February 2, 2012

Will the UK get through this financial crisis?

Is our country going to come out of this or are we destined to fail? I don't know what the outcome will be of this credit crunch lark, but it would be interesting to know other people's opinions.Will the UK get through this financial crisis?im sure it will get thru the crisis because its one of the most developed countries in this word.god is with themWill the UK get through this financial crisis?
The "Credit Crunch" is all part of the normal economic cycle. Google it. Gordon Brown said that we'd gotten rid of, "Boom and Bust" and in actual fact he was entirely wrong and is now denying any wrong doing.



This normal part of the economic cycle is considerably worse for a number of reasons:



The banks have been lending money to people that haven't got a suitable security or no security thus are now shocked to find that people cannot repay this debt.



The governments are now spending billions propping up said institutions which means our national debt is massive.



Gordon brown didn't put ANY money away for the economic problems we were bound to encounter. He spent money like a fish though all those 10 good years we had and is spending even MORE now we're in the bad years.



All this means that this economic cycle will be more pronounced. Higher Rate Taxpayers in particular are bound to suffer (for the joy of striving to be successful they will be punished by extraordinary taxes) and the cycle will continue for years to come.



We will eventually learn. The banks will forget. They will start lending irresponsibly again and in 25 years, we will be here again and I will be repeating this message.



Blame Labour.Will the UK get through this financial crisis?The UK financial crisis will be overcome in time. It will be faster if the government stop planning and help those banks under its control and those no under its control to function normally with the best bankers in the business and with full commercial freedom.This is the only way so that banks will not be cautious and start to lend to each other again.
As most of the people realize it now this is a global crisis.

All the nations of the planet are affected, as humanity has become totally interconnected and interdependent.

Any solution has to be global and united, nobody will be able to isolate themselves.

So each countries fate is tied to the fate of the whole world, local economies completely depend on the world economy.

Here are two excellent articles, and a fantastic video on the topic:

http://www.laitman.com/2009/01/the-crisi鈥?/a>

http://www.laitman.com/2008/12/how-to-ov鈥?/a>

http://www.youtube.com/watch?v=g94iWT2SI鈥?/a>

I hope it helps, all the best.Will the UK get through this financial crisis?The UK has gone through far worse things throughout history, including wars, plagues, financial disasters, and such. Each time, the British people have rallied, and come out stronger than ever, and they will do it again this time.Will the UK get through this financial crisis?
Yes, the whole world will.

They are forecasting that it will end in 9 months.

Earlier if people start spending and the economy grows from housing, goods and services, ect.
Yep



cos all you need is a rubber ...eraser and job done !!!!



Don't forget there is exactly the same amount of money around as there s Always been ...Money is just figures on scrap of paper ...nothing else .Will the UK get through this financial crisis?
Yes, If people start spending more money on something very expensive.
yes, we've been through it before and survived, we can do it again
simple answer. NO y do you think everyone from the banks to gov

are backing each other up at our expence

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