Bank of England expects UK to fall into longest ever recession

Re:Bank of England expects UK to fall into longest ever rece... by pdpi on Thursday November 03, 2022 @03:36PM (#33456260)

Most countries in the Euro zone aren't on their third government since the summer, and didn't have one of those governments collapse in the fallout of introducing a tax cut for the rich, funded entirely through borrowing, which made their bond yields shoot through the roof.

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Re:Bank of England expects UK to fall into longest ever rece... by hcurtiss on Thursday November 03, 2022 @03:39PM (#33456319)

Political turnover doesn’t really substantiate the idea that Britain is entering a recession (like the rest of the Eurozone) because of bad economic choices. To me, it only substantiates political discontent and a system of government where that kind of turnover is possible.

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Re:Bank of England expects UK to fall into longest ever rece... by oxfordmale on Thursday November 03, 2022 @03:43PM (#33456381)

Most countries in the world didn't stick up a middle finger to their largest trading partner, and then failed to replace it, in a timely fashion, with alternative trade deals.

Most countries in Europe aren't also selling gas's to other countries, knowing full well they will have to buy it back at a higher price in the winter. The UK has very little gas storage compared to other EU countries.

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