Sir George, who chairs the Scottish Government’s economic advisory council, warns the people that there’s a serious economic depression coming up in the UK. He thinks that the economic downturn will get worse because the 2,5% VAT cut had not worked. He also thinks that bank loans to business would become a bureaucratic nightmare. "It's a depression we should be really worried about." Is what he said.
My opinion:
He shouldn’t be so negative all the time and instead of doing that taking a look on the bright side of life. Instead of complaining all the time, come up with a solution. Theirs an old saying says; "money has to roll". Yeah, but maybe it rolled a little to fast in the last years. This is what we call “over-rolled”. Big companies like car factories suffer the most because the people don’t spend their money on things like a new car. Maybe because the people are satisfied for a moment so they don’t have to buy new stuff.
Source: http://news.bbc.co.uk/2/hi/uk_news/scotland/7836074.stm
My opinion:
He shouldn’t be so negative all the time and instead of doing that taking a look on the bright side of life. Instead of complaining all the time, come up with a solution. Theirs an old saying says; "money has to roll". Yeah, but maybe it rolled a little to fast in the last years. This is what we call “over-rolled”. Big companies like car factories suffer the most because the people don’t spend their money on things like a new car. Maybe because the people are satisfied for a moment so they don’t have to buy new stuff.
Source: http://news.bbc.co.uk/2/hi/uk_news/scotland/7836074.stm
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