It's gloomy out there. The economy is shrinking, property values are falling and stock markets are in the doldrums
.
Many people borrowed heavily during the boom, and now are tempted to pay off debt or save more for a rainy day.
Printable View
It's gloomy out there. The economy is shrinking, property values are falling and stock markets are in the doldrums
.
Many people borrowed heavily during the boom, and now are tempted to pay off debt or save more for a rainy day.
Spend more in my opinion to get the economy going again. The more cash flow there is, the quicker the economy will regain itself etc.
congrats on another pointless thread.
Spend, no brainer
surely spending more would put more money into the economy...
If you've got the money might as well spend it, if you don't just don't spend
easy.
why do you think VAT has gone down...
Prices are lower to encourage the public to spend more money which in turn will give companies and shops money for selling their products. Companies can then buy more products from suppliers which will give the suppliers money etc.
spend.... lmao