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August 9th, 2009 - Sarah's Blog [entries|archive|friends|userinfo]
Sarah

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August 9th, 2009

Strawberry swing video - Using REAL chalk, not CGI. [Aug. 9th, 2009|06:51 am]
Sarah
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VAT up to 20%? [Aug. 9th, 2009|11:03 am]
Sarah
http://www.telegraph.co.uk/news/newstopics/politics/5996163/Tories-study-plans-for-20-VAT.html

It has to happen eventually.

But - do you remember how many companies honoured the lowering of VAT to 15%? (That's a pain - I can't find any citations)

I was going to say a lot of companies didn't pass on the lower VAT right to purchasers, but they'll certainly pass on this VAT increase. But now I'm not sure my thought's are in any way accurate.

Has anyone got figures on the 15% VAT being passed on to consumers?
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What do you think? [Aug. 9th, 2009|11:40 am]
Sarah
If consumer spending drove the economy for 20 years, and that was financed by easy credit, now the credit's maxed out consumers are either not willing - or completely unable - to take on new debt to continue to consume.

Not only that we're now trying to pay off the debt we do have...

I don't see the economy getting better any time soon - until people get out of a lot of their debt. How long will that take with wages that have stagnated since the 70's?

Ouch.

Also:
http://market-ticker.denninger.net/archives/1313-Economic-Bottom-Calls-Willful-Ignorance.html
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My problem - morbid fascination. [Aug. 9th, 2009|05:26 pm]
Sarah
Industrial sized rendering machine in action... fascinating but disturbing stuff.

I think there was a similar scene in one of the Saw movies....

Click hereCollapse )

http://www.reddit.com/r/videos/comments/98w2i/animal_processorcrushing_machine_graphic_but/
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