FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!

  

Home The Sin Bin Deepest recession in 100 year ?



Post new topic Reply to topic  [ 426 posts ]  Go to page 1, 2, 3, 4, 5 ... 43  Next
Author Message
 Post subject: Deepest recession in 100 year ?
PostPosted: Wed May 13, 2020 8:54 am 
Club Coach
Club Coach
User avatar

Joined: Apr 24 2011
Posts: 17982
Despite the new Tory Chancellor being flavour of the month, he has most definitely been given the most poisoned chalice in history.
A flat lining ecconomy, which has now officially shrunk over the first quarter of the year and is sure to shrink much, much further in Q2, Rishi Sunak refused yesterday, agree that we would be in recession at the end of the 2nd quarter ??
Now, I know that the current government like to put the most positive possible spin on everything, resorting to blatant lies where neccessary but, come on Rishi, you know that we are in the deepest darkest pile of cack and absolutely, a recession will be confirmed soon enough.
The only question is just how long and how deep the recession is going to be.

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Wed May 13, 2020 11:27 am 
Club Coach
International Star
User avatar

Joined: Jan 30 2005
Posts: 7152
Location: one day closer to death
Well yes, of course a recession is coming. We're already in it. You can't - for all intents & purposes - shut down the entire economy for months and not expect a recession of some form.

The consensus is that it'll be deep and fast *avoids dirty joke*. Massive drop followed by rapid recovery as businesses get back to work. Although some sectors - hospitality and certainly aviation and overseas travel in general are likely to be slowest to recover. The difference is this isn't a consequence of some financial/economic cock-up, this is a 'black swan' event. The consequences of 2007 rolled on for over a decade and it could be argued we never fully recovered.

As for 'spin', you know for a fact that if yesterday he had said, "well yes Laura, I expect the deepest recession in 100 years", the headlines and news reports would be huge, damning and would cause nothing but panic, stress and probably contribute to the coming drop, as we saw in 2007 when the media motivated thousands to empty Northern Rock. No politician in the world is going to make a statement like that. What he HAS said is that it's "very likely" we are in a "significant recession", which I think we all know.

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Wed May 13, 2020 12:29 pm 
Club Coach
Club Coach
User avatar

Joined: Apr 24 2011
Posts: 17982
Cronus wrote:Well yes, of course a recession is coming. We're already in it. You can't - for all intents & purposes - shut down the entire economy for months and not expect a recession of some form.

The consensus is that it'll be deep and fast *avoids dirty joke*. Massive drop followed by rapid recovery as businesses get back to work. Although some sectors - hospitality and certainly aviation and overseas travel in general are likely to be slowest to recover. The difference is this isn't a consequence of some financial/economic cock-up, this is a 'black swan' event. The consequences of 2007 rolled on for over a decade and it could be argued we never fully recovered.

As for 'spin', you know for a fact that if yesterday he had said, "well yes Laura, I expect the deepest recession in 100 years", the headlines and news reports would be huge, damning and would cause nothing but panic, stress and probably contribute to the coming drop, as we saw in 2007 when the media motivated thousands to empty Northern Rock. No politician in the world is going to make a statement like that. What he HAS said is that it's "very likely" we are in a "significant recession", which I think we all know.


The "deep and fast" analogy was at a time when most people believed that there would be a period of lockdown, followed be a quick re-opening of most businesses.
Although this is very early days, many (but, not all) of the countries that have started to allow some movement of people, have already seen cases climbing again and for me, it looks more like we will be "yo-yoing" for a little while and a quick rebound looks far less likely than the optimistic murmurings of 3 months ago.

Although I know what you are saying about "careless talk" having some negative effects, Sunak may have been better placed, starting to prepare people for the inevitable, after all, he knew yesterday (and long before then) that a recession was the biggest certainty in economic history, for the very reason that you mentioned.

Now, it's all about how on earth the wheels of commerce can begin to turn, without killing another 40, 50 or 100,000 UK residents.

It's little wonder that Johnson's road map to recovery only showed the first mile and a half, with everything else blurred out, so as not to disappoint.

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Wed May 13, 2020 5:56 pm 
Club Captain
First Team Player

Joined: Sep 28 2018
Posts: 1242
All I can say is thank god the tories are in control. I dread to imagine the mess labour would make going forward






Rlfans - the most toxic rugby league forum in the world

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Wed May 13, 2020 6:23 pm 
Player Coach
Club Captain
User avatar

Joined: Mar 25 2010
Posts: 4648
Location: BD23
Steph Curry wrote:All I can say is thank god the tories are in control. I dread to imagine the mess labour would make going forward


Yeah. Thank God we've got a proper left wing government in charge. The Commieservatives.






"Back home we got a taxidermy man. He gonna have a heart attack when he see what I brung him."

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Wed May 13, 2020 6:28 pm 
International Star
International Star
User avatar

Joined: Jul 22 2012
Posts: 6848
Location: Hill Valley
all the world is in the same boat. not much we can do but roll with the punches.






What you looking at?....Butt Head!!

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Wed May 13, 2020 6:42 pm 
Player Coach
International Star

Joined: Apr 15 2006
Posts: 5510
Location: newton-le-willows
Recessions come & go & the country will recover eventually ,this time there are quite a few other nations in the same boat.

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Wed May 13, 2020 7:43 pm 
Club Coach
Club Coach
User avatar

Joined: Apr 24 2011
Posts: 17982
Steph Curry wrote:All I can say is thank god the tories are in control. I dread to imagine the mess labour would make going forward


"In control", really ??
Is this roughly the same as "left to die" in an old folks home or, is there a difference :oops:

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Thu May 14, 2020 7:56 pm 
Club Captain
First Team Player

Joined: Sep 28 2018
Posts: 1242
wrencat1873 wrote:"In control", really ??
Is this roughly the same as "left to die" in an old folks home or, is there a difference :oops:


Good job labour aren’t in charge. The entire Jewish population of the UK would be banned from getting treatment for Covid 19






Rlfans - the most toxic rugby league forum in the world

Top
   
 
 Post subject: Re: Deepest recession in 100 year ?
PostPosted: Thu May 14, 2020 8:31 pm 
Player Coach
Player Coach
User avatar

Joined: Apr 13 2010
Posts: 11905
There is literally no evidence for the argument that Labour would’ve done worse. No evidence whatsoever. It’s such a tiresome deflection tactic from the Tories’ despicable display of so called leadership.

Top
   
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 426 posts ]  Go to page 1, 2, 3, 4, 5 ... 43  Next





It is currently Wed Nov 27, 2024 12:03 pm


Who is online

Users browsing this forum: No registered users and 86 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  


It is currently Wed Nov 27, 2024 12:03 pm
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
1m
Mike Cooper podcast
Wires71
1
17m
Shirt reveal coming soon
Trojan Horse
11
40m
2025 Shirt
--[ WW ]--
22
42m
Rumours and signings v9
Big Steve
28905
47m
Getting a new side to gel
paulwalker71
3
60m
BORED The Band Name Game
Boss Hog
63274
Recent
Game - Song Titles
Boss Hog
40808
Recent
Salary Cap Changes Blocked - 11 votes to 1
Rogues Galle
10
Recent
Film game
Boss Hog
5775
Recent
Transfer Talk V5
MjM
523
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
47s
Fixtures
Deadcowboys1
13
49s
Opening Championship and League One Fixtures for 2025 Released
RLFANS News
1
58s
New Kit
Wires71
71
1m
Salford placed in special measures
poplar cats
111
1m
BORED The Band Name Game
Boss Hog
63274
1m
Film game
Boss Hog
5775
1m
Getting a new side to gel
paulwalker71
3
2m
Game - Song Titles
Boss Hog
40808
2m
Fixtures 2025
Wigan Bull
10
2m
ALL NEW 49ERS ERA LEEDS UTD THREAD
Trebor1
2612
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Mike Cooper podcast
Wires71
1
TODAY
Shirt reveal coming soon
Trojan Horse
11
TODAY
Opening Championship and League One Fixtures for 2025 Released
RLFANS News
1
TODAY
Getting a new side to gel
paulwalker71
3
TODAY
Fixtures
Deadcowboys1
13
TODAY
Writers required
H.G.S.A
1
NEWS ITEMS
VIEWS
RLFANS Match Centre
Matches on TV
Thu 13th Feb
SL
20:00
Wigan-Leigh
Fri 14th Feb
SL
20:00
Hull KR-Castleford
SL
20:00
Catalans-Hull FC
Sat 15th Feb
SL
15:00
Leeds - Wakefield
SL
17:30
St.Helens-Salford
Sun 16th Feb
SL
15:00
Huddersfield-Warrington
Thu 20th Feb
SL
20:00
Wakefield - Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
Thu 6th Mar
SL
20:00
Hull FC-Leigh
Fri 7th Mar
SL
20:00
Castleford-Salford
SL
20:00
St.Helens-Hull KR
Sat 8th Mar
SL
17:30
Catalans-Leeds
Sun 9th Mar
SL
17:30
Warrington - Wakefield
SL
17:30
Wigan-Huddersfield
Thu 20th Mar
SL
20:00
Salford-Huddersfield
Fri 21st Mar
SL
20:00
St.Helens-Warrington
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
1m
Mike Cooper podcast
Wires71
1
17m
Shirt reveal coming soon
Trojan Horse
11
40m
2025 Shirt
--[ WW ]--
22
42m
Rumours and signings v9
Big Steve
28905
47m
Getting a new side to gel
paulwalker71
3
60m
BORED The Band Name Game
Boss Hog
63274
Recent
Game - Song Titles
Boss Hog
40808
Recent
Salary Cap Changes Blocked - 11 votes to 1
Rogues Galle
10
Recent
Film game
Boss Hog
5775
Recent
Transfer Talk V5
MjM
523
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
47s
Fixtures
Deadcowboys1
13
49s
Opening Championship and League One Fixtures for 2025 Released
RLFANS News
1
58s
New Kit
Wires71
71
1m
Salford placed in special measures
poplar cats
111
1m
BORED The Band Name Game
Boss Hog
63274
1m
Film game
Boss Hog
5775
1m
Getting a new side to gel
paulwalker71
3
2m
Game - Song Titles
Boss Hog
40808
2m
Fixtures 2025
Wigan Bull
10
2m
ALL NEW 49ERS ERA LEEDS UTD THREAD
Trebor1
2612
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Mike Cooper podcast
Wires71
1
TODAY
Shirt reveal coming soon
Trojan Horse
11
TODAY
Opening Championship and League One Fixtures for 2025 Released
RLFANS News
1
TODAY
Getting a new side to gel
paulwalker71
3
TODAY
Fixtures
Deadcowboys1
13
TODAY
Writers required
H.G.S.A
1
NEWS ITEMS
VIEWS


Visit the RLFANS.COM SHOP
for more merchandise!












.