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Was the UK recession created on purpose?

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posted on Feb, 6 2009 @ 04:52 AM
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At the beginning of August 2008, the UK economy was booming. People were earning good money, and spending good money. All was well.

Then, the media began saying that an economic downturn was likely in the near future. As time went by this story changed to a downturn being imminent. Then this developed into a recession being imminent.

By the end of September 2008 people had stopped spending and the ecomony had slowed right down.
The UK is now officially in recession, and companies across the UK are making job cuts in a desperate effort to stay afloat. Banks are acquiring other banks, and the Government is financially supporting their actions.

Without the constant (and I mean constant!) broadcasting that hard times were coming, would people have known any different? I personally don't believe things would be this bad now if the media had not made such a big deal about this, and in my opinion made things much worse.

Thinking back to what the Zeitgeist:Addendum Movie said, have the banks created this recession to strengthen their power grip and eliminate competition?

Please post your opinions here and let me know what you think about it all.




posted on Feb, 6 2009 @ 05:20 AM
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dunno wat to say only
that
I
agree



we are being shafted... is wat



posted on Feb, 6 2009 @ 05:25 AM
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reply to post by HiveTyrant
 


I agree 100%
We are being shafted because we can be!
This has been predicted for a while by many people!


You can fool all of the people some of the time!, you can fool some of the people all of the time! but you can't fool all the people all the time!!



posted on Feb, 6 2009 @ 05:35 AM
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"Thinking back to what the Zeitgeist:Addendum Movie said, have the banks created this recession to strengthen their power grip and eliminate competition? "

Or have to government created it to take control of the banks? Just a thought.



posted on Feb, 6 2009 @ 05:42 AM
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Well I'm glad you are all thinking the same as me!

We are being screwed, and it turns out some people at the top have made a fortune while this is happening.

Please keep your opinions coming. I'm finding this is all quite interesting...



posted on Feb, 6 2009 @ 05:56 AM
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Yes, we have been deliberately screwed. First by the financial class, lining their own pockets. They are self serving, but are tools of a higher power, which begins me to the second group screwing us, the Elites and their footsoldiers in Government. Is it any coincidence that the Pound falls to a level roughly equal to the Euro, when we are run by an unelected eurofederalist in Gordon Brown? The same Gordon Brown who has been yapping on for ages about a New World Order etc?

If Britain is the main hold-out in the EU zone over a single currency, this surely seems like an ideal way to create a situation, then ride in with a golden solution, ie, sign up to the Euro.

And then its one step closer to a Federal Europe.



posted on Feb, 6 2009 @ 06:09 AM
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If Britain is the main hold-out in the EU zone over a single currency, this surely seems like an ideal way to create a situation, then ride in with a golden solution, ie, sign up to the Euro.


Well said Daystar.

The question is though, if the Elite are ruling the Government, and the Government are therefore causing all this crazy s--t happen, then how can we ever take a stand? Surely the next Government will be ruled by the same powers, with just a different front performing the public maneuvers?

Maybe I should stop reading conspiracy theories, but all this stuff just gets me hacked off!



posted on Feb, 6 2009 @ 06:17 AM
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This whole mess we are in has been organised from day 1. I work for HBoS and if you have been following the news you know how in the brown stuff we are. The reason we went down is that people were buying shares and then selling them fast (short selling). Now, I am not saying this was done on purpose, but if these people were doing this, then the government shoul be bringing them to the public eye over nearly making the 5th largest bank in the UK go under.


Also, the city stopped lending the banks money (which they do almost every day), which hurt all banks. The reason given is a loss of confidence, yet this loss is yet to be elaborated on. Banks have been lending millions an millions for years, the policy hasn't changed.

Also, rather conveniently, many local councils had money in Icelandic investments and banks, and Iceland is facing similar trouble, which cause more than 40 million pounds of tax money to be locked away with us unable to access from it (money.uk.msn.com...)

I can't tell you to much, but if I were able to tell you all how much Gordon Brown is making from this HBoS/Lloyds deal you would all be sick.



posted on Feb, 6 2009 @ 06:28 AM
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I think the recession has been created purely through the banking greed and control of credit and strangling the cash-flow of business, and restricting personal credit without warning. It is artificial.

If I were to be cynical for a moment and buy into possible conspiracy theories (i am not say this is how it is – I am saying it could be) - I would say that the purpose is to take money and (hence power) away from the "middle classes" and independent businesses. Deliberately removing the ability to “push back”.

Without the funding of the middle classes and independent business - it will be very difficult to stand up against any government enforced laws or systems including full martial law - because there will not be the ££ to fight back against it in normal political processes.

The "terrorism" argument is simultaneously being used to take tighter and tighter control over anyone or any organisation that question or speaks out against the government - it is a very worrying behaviour. Also think of the number of new laws that have come into play over the last 24 months - the bulk of which have never been through parliament, and never been made public knowledge. Add to all the above, the fear that people are being made to live in, and you have a recipe to engineer the public to welcoming in a “new order” that would bring a feeling of security and financial stability...

It may sound stupid to apply here, but look at how Hitler’s crowd engineered public opinion to get accepted the unacceptable in Germany, Look at star wars (as a fictional example) as how by creating an artificial war and fear, can manipulate people into welcoming in a dictatorial controlling regime in the hope of attaining peace and security ... Get my point ?



posted on Feb, 6 2009 @ 06:36 AM
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I know some people in the Halifax branch of HBoS. They say the same as you.

Also I have a friend who work in the Mortgage Collection dept of Bradford & Bingley building society. She says she can't believe that the banks were lending money for mortages at 5 times the borrowers salary.

To me that's madness no matter what state the economy is in!



posted on Feb, 6 2009 @ 06:39 AM
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... Get my point ?


Totally! There is some real scary s--t going down at the top.

At the same time though (and maybe rather oddly) I find it amazing that such huge changes can be 'manufactured' by the control and abuse of money & power.



posted on Feb, 6 2009 @ 07:19 AM
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Originally posted by HiveTyrant
huge changes can be 'manufactured' by the control and abuse of money & power.


Whatever anyone claims or says they are going to do - nothing happens unless money and people-energy goes in to make it happen.... the old jokes are always true

"Living by the golden rule" - the one with all the glod makes all the rules !

"follow the money" etc



posted on Feb, 6 2009 @ 07:43 AM
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reply to post by HiveTyrant
 


Well if you take the example how in the US the recession started is very similar of what happen in the UK.

In the time that our economy was going down the hill, President Bush was proclaiming that our nation economy was solid, people had jobs and were working and that the nation was prosperous.

But some people knew that the government numbers were also manipulated to show prosperity, while at the same time our trade deficit was going out of control along with the national debt.

See that is the sign that you needed to look for while you were been fed that everybody was doing fine and making good money.

See my husband line of work he is doing fine and making good money, but around me in my small town big local business were closing, moving oversea or going our of business, unemployment was raising but the service sector was booming that was making the numbers look good because they do not discriminate between good payjobs and low pay jobs.

That was another sign that was hitting all over the nation.

Is a lot of factors that shows the health of a nation and if you were working in a good job making good money you will tend to ignore those factors because they were not affecting you until is too late.



posted on Feb, 8 2009 @ 03:48 PM
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I wanted to pick up on some points may in the posts in this thread.

HiveTyrant talks in the thread post that the media started talking about the recession and then all of a sudden, we all panic.

Where would be be if the media has done the right thing and decided that supporting the country was more important that reporting this.

If we had not been told there was a recession, would we have changed our spending habits?



posted on Feb, 10 2009 @ 09:57 AM
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One thing's for sure - the banks and the government are the real winners in all this.



posted on Feb, 11 2009 @ 01:33 PM
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Today on the news it turns out that HBOS sacked the guy who tried to expose the risks the banks were taking prior to this recession.

Yesterday some top brass at Barclays Bank turned down his £2m bonus because he didn't feel it was right to accept it in these market conditions.

The world has well and truely gone mad.



posted on Feb, 11 2009 @ 02:19 PM
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You know what, I think it was.

In fact, I think the global recession is deliberate.

When it boils down to it, the global markets rely on three things - ignorance, numbers and confidence.

All of those three factors aren't tangible at all.

Ignorance is a given - I approximate that 90% + of people have no idea how financial institutions work, nor do most care as long as they can access their pay and buy the items they want.

Numbers exist in the virtual realm, but have no basis in actual reality with regards to the sums of money that have been banded about as being at stake. Hundreds of billions of dollars only exist in the imaginations of bankers and as zeros on computer screens. Money is actually only worth what the populace believes it to be, which is why the shroud of ignorance works so well for bankers.

Sure, bankers and accountants will tell you thats not the case, and that everything has its worth. Ask one to show you $100billion in actual real terms and see what they come up with. Pieces of paper? Yeah, right


But the real killer is "confidence". Of the three confidence is what causes problems. Confidence is - in money market terms, a WMD.

And the confidence bomb has - in my opinion - been detonated.

Think about it. Before the middle of last year, no one particularly cared about sub-prime mortgages (ignorance!) and the credit crunch. The banks were happy trading ones and zeros with each other in the virtual world and then, all of a sudden, somone lost confidence in the ability of a bank to service its debts.

The confidence bomb is a very small device, but its very powerful. All it needs is one established figure, or company, to raise the idea of a loss of confidence and a cascade reaction starts - its almost like playing that block game - Jenga - pull the right part out and the whole lot comes down.

So if someone like a Soros, or a Rothchild, or even a lesser person like a Greenspan suddenly loses "confidence"..

Not only do I think its been orchestrated, I think that the increase in oil prices that happened immediately before all this broke was a test to see how far people would be stretched globally, and also a little test of the confidence device - there was no shortage of oil, there was no conflict preventing its production - what there actually was were a few select people speculating on stocks, affecting confidence and forcing the prices up. When oil prices reached such high levels that national protests were on the cards, the market suddenly stabilised and has since dropped, and instead the banking system has gone into free fall - why?

Well to me, its a forced devaluation. A set up designed to move away from an oil based economy. By bringing sections of the market down, it becomes cheaper to re-tool, creates a large labour pool, and means that the Big-Money men can do a neat trick usually reserved for Pheonix's by building themselves back up out of the ashes of the old system.

The set up/incentive was there with the oil prices, the labour pool is growing with lay-offs on a daily basis, businesses are ripe for acquisitions if profitable or write off's if they aren't, and - I expect - sooner or later the words "hydrogen based economy" is going to be dripping off everyones tongues.

Of course, I may be wrong - but I do like a good conspiracy.



posted on Feb, 11 2009 @ 02:31 PM
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I see where you guys are coming from, but there is the possibility that this effect could have happened by accident. Perhaps there is no 'grand conspiracy' to keep us down, just a chain reaction caused by sensationalist news stories.
What a great story it is to sell, the second great depression, and perhaps there was no other motive in it other than the news companies trying to gain an audience. It is after all, a story that affects all members of society, and therefore has the widest audience you can gain.

Just an idea anyway.



posted on Feb, 15 2009 @ 03:30 PM
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Not only do I think its been orchestrated, I think that the increase in oil prices that happened immediately before all this broke was a test to see how far people would be stretched globally, and also a little test of the confidence device


Well said. I can't help but agree. Its all a bit too coincidental isn't it.



sooner or later the words "hydrogen based economy" is going to be dripping off everyones tongues.


Yeah, when I saw that hydrogen car on the Top Gear tv programme the other month I realised that their mass-market arrival isn't far off.



posted on Feb, 15 2009 @ 03:32 PM
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This is totally an act of war against the people by the globalists. We are at war, do not think for a second that just because your global masters pulled the plug on the economy, that they too can't sink with the ship.

You are all being conned that this is anything other then a manufactured globalist false flag attack against us the people.

If this isn't a cry for revolution, I don't know what is... please let us just fight our global masters this time, and not each other.




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