Are We Entering The Next World Slide?

[youngmafbog]

Certainly does not look good.

And Comrade Corbyn and his brothers in alms answer to this problem: Spend more!

http://news.sky.com/story/1618139/uk-shares-slide-after-china-trading-turmoil

[-Talbot-]

lol
you fear another shares collapse and instantly link it to Labour ... brilliant!

[youngmafbog]

It's not a fear it is happening.

And on the News last night one of the labour party was on there wanting to spend more money, so the point is very valid since clearly labour have still not got a grasp on the fact it is not a good idea to spend money you dont have.

[-Talbot-]

I blame Gordon Brown!

[youngmafbog]

Why?

[viv41]

God, it's always gloom and doom, isn't it ?!

[-Talbot-]

youngmafbog
Why?

It's a stock answer if it's anything to do with economics.


Economics .... blame Brown
Middle east ...... blame Blair.

[mushroom25]

if the world is indeed on the verge of another recession corbynomics, with its ethos of the government spending its way out of austerity, will begin to look very attractive indeed to a lot of the fiscally battered population. it won't matter if corbynomics is nothing but a card trick.....

[youngmafbog]

Brown waas probably the worst Chancellor ever, but I'm not sure how anyone could accuse him of wrecking China's stock market.

You could have a point there Mushroom.