[Closed] Economic Forecast thread

[Cressers]

DOOOOM! DOOOOOM! DOOOOM!

[/Cressers]

Well that's sorted then...

Muddling along as usual I reckon.

About the same, people will look back and wonder what all the fuss was about.

Country into recession, construction down 20 points this quarter.
But it's ok, our new Foreign Secretary will be bringing wiff-waff to a bongobongoland near you from tomorrow.

In my prediction the economy will follow a similar path to these 56 pieces of battered mechanically recovered chicken

[img] [/img]

5 years forecast

Unemployed - lower in absolute numbers
Benefits - less people on benefit, no net change in value of benefits in real terms
Free movement of people in EU - right to work / working visas, restricted right to settle and benefits (somewhere between Swiss model and Australia)
Incomes - modest rise in real terms
The rich - continuation of the last 6 years with the rich continuing to pay a disproportionate share of the running of the country
The poor - cost of living down, but with modest rise of incomes contributing to improved sense of financial security

Also:
Housing - a "grand plan" to sort out housing provision
Economy -establishment of new ultra low tax enterprise zones to encourage business to expand outside of the south east
Eurozone - has collapsed
Brussels magically finds it's able negotiate on the things that it wouldn't negotiate on with David Cameron

Beyond the nuggets...

Unemployed - by 5 years we should be out of the recession so back to where we are today

Benefits - higher, pensioners are the biggest drain, our ageing population (15% more of em by then) means more beneficiaries than ever and suppressed wage levels thanks to our reduced competitiveness will require even more in work benefits

Free movement of people in EU - yes, too many businesses dependent on the cheap labour but a tanking economy is less attractive to immigrants so numbers will be down and perversely claimed as a victory

Incomes - suppressed, hopefully recovering in 5 years time
the end of us bring a nation of property speculators could see some big changes and potentially open up housing to the less well off, not sure if vested interests will let this b happen tho

The rich - richer, the usual tax dodges will apply, especially with Hammond as chancellor , the BVI, Jersey etc will be ever more important after reduced income from the city

The poor- poorer - less immigration means less money in the economy, the loss of factories to the Eurozone will hurt

1. The only employment will be scavenging fuel and weapons in marauding gangs in bondage gear
2. Pensioners will be the first to be eaten thus lessening pressure in this area
3. People will be free to move after dark hiding from the lethal UV from the scorched sky
4. Incomes lower but a make do and mend revival means that demand is reduced to really just clean water and crack
5. Rich will live in a glass bubble 1500ft above the ruins of Skelmersdale
6. The (surviving) poor will live in Skelmersdale.

I quite like the stabilisers "vision"

Vision? If you go to Skem the process has already begun

No surprises from me 8)

Unemployed - Lower
Benefits - Higher but paid to fewer people so overall bill down
Free movement of people in EU - No (visa/quota system with EU)
Incomes - Higher
The rich - Richer
The poor- Richer

Unemployed - 0% because enforced labour
Benefits - 0%
Free movement of people in EU - yes, but UK is no longer a part of it.
Incomes - unimportant as cost of living will allways match it.
The rich - won't care because buzy laughing
The poor - won't care because busy trying to avoid starving/homelessness