Is the UK about to collapse?

[Penfield]

Sorry - There was probably a better way to put this.

Does anyone else have a feeling that we are close to some collapse, explosion, disintegration of society ...

With gas prices, petrol shortages, inflation, Brexit fall out, Covid, gaslighting government etc

I feel like we're on the edge of something - big ...

I’ve reported your comment adawong; it’s really unpleasant.

Not a 'collapse' but tougher times.
Inflation will impact negatively on our standard of living.
Mortgage rates and taxes will rise.
More families will be in poverty.
Shortages in foods will continue. Foods wasted due to 'us' not wanting to work in such industries.

There will be houses to buy for those that can, from those that can't through repossessions as interest rates rise. Personal debt is high, it doesn't give people any buffer for price rises.

Tax rises won't be enough to rescue underfunded local authorities. I work in education, school budget deficits are already massive, an ageing population cost money for social care. There isn't enough money to enable services.

I also think we have turned into a bitter and selfish country, so little moral to get us through.

@adawong you are xenophobic
no realistic.

*morale ...

But actually 'morals' too!

Also like the 1980s the state of our rivers are getting worse with industry allowed to pump more toxic stuff into them. They then improved markedly in the 90s when new laws were brought in.

I’ve reported your comment adawong; it’s really unpleasant.
Which bit is unpleasant?

you are xenophobic
no realistic

just a xenophobic dick

I feel sorry for the children of people on here who are saying the uk is going to collapse or explode.

That’s a good point actually. I hope they aren’t transferring all these worries onto their kids.

That is the banks current remit, it does not mean it won't be changed, especially as inflation is less important to Conservative supporters than interest rate rises.

I have no debts and would still be entirely financially comfortable if my mortgage payments were to go up fivefold, there is no wishful thinking, it is largely an irrelevance.

Inflation does not erode wealth that is not held in cash, asset, property, shares, bonds etc. are not hugely impacted by inflation, in many cases they can actually rise as people move cash into assets.

Not necessarily. It depends on the cause of the inflation. In this case it is primarily that the UK has left the largest, richest and most stable trading block in the world and erected huge barrier to trade. It therefore has huge shortages of labour and goods and more expensive exports than before - which it struggled with before Brexit already! - the idea that this won't affect things is fanciful.

UK GBP has been devalued massively in the last decade which by definition makes us all poorer, and this is going to continue. Huge geopolitical shifts are also taking place that will exacerbate all of this. Our main mitigation against the impacts of that was membership of the EU: it is no coincidence that all around the world countries are joining up to form large trade blocks, not leaving them, to insulate themselves as much as they can from this. UK economic policy is non-existent and we are a laughing stock now around the world.

Do you think they will just let inflation run away?
I do not think they will let inflation run away, I do think they will let it run high rather than risk tanking the economy or crashing the housing market. Letting inflation run hot for a few years would be far from the end of the world
^
Do you understand compound interest? A sustained period of high inflation by definition erodes incomes, wealth and standards of living. It is not about hyperinflation, it's about the UK economy being decimated by a perfect storm of bad planning, inflation, lack of public investment, self-imposed skills and labour shortgages and some of the lowest productivity levels in the developed world. None of which this Government has any idea how to fix. As for changing BOE policy, do you have any evidence at all that this is being considered? Not a whisper in Westminster to that effect.^

just a xenophobic dick
Wrong again try something original.

@adawong

I’ve reported your comment adawong; it’s really unpleasant. Which bit is unpleasant?

What you said about Irish immigration.

@adawong you best reign it in or you'll get banned.

Well of course you won't agree, I mean 🤦🏻‍♀️

Not that I care actually, I hope you do.

Perhaps try being less xenophobic

There aren't empty shelves here. And the petrol situation lasted a week and is running normally again. According to MN there were no shortages abroad during the first lockdown either. All of these are caused by british people behaving ridiculously. That's a citizen driven problem that obviously doesn't happen in other countries.

Yes dear. People in the UK are clearly unique and that's the reason these things happen.

Not because of red tape and import/ export issues caused directly by Brexit. Not because of a lack of skills caused directly by Brexit. Not because of a devaluing of GBP caused - amongst other things also driven by our Government - by Brexit. Not because of a total lack of strategic planning and investment by the state in core areas of the economy, also driven by Brexit ideology. Not because of a mass exodus of skilled immigrants caused by Brexit so that we now have huge labour shortages. Not because nobody in the EU wants us in their integrated JIT supply chains anymore because of Brexit. Etc etc.

Are people really this clueless even when it is right in front of their eyes every day?!

I'd say those living between 1914-1945 probably had it much tougher than we did;in those 3 decades they had 2 world wars,the Great Depression and a massive pandemic that killed millions.

They survived and came out on the other side without all of the modern comforts we take for granted.They couldn't stay at home watching Netflix,zoom calling with their family whilst waiting for their Asda delivery.

@mrsjoyfulprizeforraffiawork

Haven't RTFT but, from my point of view, No, not expecting UK to "collapse". Being an aged one, I remember in the 1960s, everyone thinking we were going to have a US-Russia war (Bay of Pigs) and the huge relief when the Russians retreated. In the 1970s, we had a lot of strikes/3-day weeks/loads of power cuts (which we also had in the 1960s) and demonstrations. Then we had more rioting in the 1980s. These things happen in a lot of one's lifetime. It is just that we have had a pretty prosperous period with no shortages of anything and good times and a lot of people younger than myself have not experienced a time of higher prices and shortages. All things pass, either sooner or later and you can manage without more things than you think.

Hardly something to aspire to though, is it? When much of it was entirely avoidable and inflicted on us all by people who apparently knew exactly what they were voting for.

No it is not something to aspire to. But we are where we are.

YAB so completely U.

It's posts like this that create a sense of panic and despondency, it could be argue it's shit steering.

Why so dramatic? What do you gain from such faux end of times message?

We are doing alright, some issues yes, we're ready to tackle them FFS.

Compared to the 1970s, this is a picnic.

@adawong

Message deleted by MNHQ. Here's a link to our Talk guidelines.

"I'm not racist of xenophobic"

Followed by predictable racist/ xenophobic deluded and boring rants.

Give it up. Nobody is interested.

Have reported your other comment for racism as well.

Inaccurate AND offensive