Recession

[Deleted member 2457]

UK officially in recession for first time in 11 years

The UK suffers its biggest slump on record, while the chancellor says conditions are "unprecedented".

www.bbc.co.uk

 

[Deleted member 108165]

Surprised? I'm not. This is not over yet and we will be paying for this for many years to come.

 

[Deleted member 2457]

Surprised? I'm not. This is not over yet and we will be paying for this for many years to come.

No, it was kinda obvious that would happen but to be honest I don’t pay too much attention to it.

 

[Jimboo]

It's a scary word which strikes fear into people. Except it's a concept , totally beyond comprehension for most people and like covid exscuse redundancies a chance the rich and investors live for.
Just print more money and bye bye recession. No need to worry about the currency falling or collapsing , it's a worldwide phenomenon.

 

[12th Monkey]

I wouldn't get too hung up about it. This isn't a case of contraction because of adverse underlying economic conditions, or even that no-one's spending because we're all skint - it's more a compulsory deferral of consumption. A V-shaped recovery seems most likely. We are going to be paying for it for a long time, and there will (most likely) be tax rises as it seems there's little appetite for expenditure cuts.

But no - don't panic. The media report such things sensationally.

 

[Simon 13th note]

My website didn’t work because manufacturers would free ride off my efforts and not offer support. Not paying for the positive review but for work done. That’s came due to covid-19, but the fact I was doing it full time and punters would just go into a shop and buy off my efforts, was terrible. One site told me 70% of manufacturers don’t help small peoples sites with support on loaning products. Terrible really. You start to realise the audiophile HiFi industry is a boys club which is anti business when you have to deal with these people.

 

[Jimboo]

Let it go man , let it go. No one asked you to carry on reviewing products that I am pretty sure from the get go suppliers told you they wouldn't pay for reviews. If they did it would be for positive reviews and that would seriously undermine your credibility. It is a fantasy business model you constantly moan about.
it is only anti business practice from your viewpoint . It's like posting numbers you think will be in the lottery draw and expecting people to pay a percentage to you if they win .
You would have done better if you had tried finding a job with a hifi magazine or owning your own shop then you could stock, recommend and get a piece of the action.