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Greg Greg
The Mirror
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Comments by "Greg Greg" (@SlowhandGreg) on "UK will not enter 'technical recession' this year" video.
The everyday economy is in deep recession the reason the headline GDP isn't shrinking is people are spending every penny they have on food rent Mortgages and fuel as their disposable income falls through the floor
13
we won't enter one due to the high price of rent mortgages energy and food stripping money out of people's pockets, were still spending and its still appears as GDP so the 170 billion in excess profits by the energy companies will if your looking at the headline number looks good. Underneath it people's disposable income is collapsing in the everyday economy and at some stage the bankruptcies will catch up
4
The everyday economy is in deep recession the reason the headline GDP isn't shrinking is people are spending every penny they have on food rent Mortgages and fuel as their disposable income falls through the floor
3