Thursday, 20 October 2011

Retail bloodbath at Christmas 2012

Its safe to assume that all the major department stores and large scale retailers did their planning for Christmas 2011 in July possibly August. This was just before the world fell of a cliff due to the "sudden" realization of the excess debt plaguing western economies. Unless they can reduce their contracted stock they are going to massively discount to get us to buy their oversupply (just like 2008). Don't fall for it Britain. You don't need several new pairs of boots or hundreds of jumpers. Think before you spend - every £1 you spend is effectively borrowed money. The UK government borrows 42p for every pound in your pocket. The deficit spending is over - reign in your desires just for a couple of months over Christmas. If you are unhappy with our economic system this will begin the re-balancing that we so desperately need in the world!

If you want to send a message to governments to fix this mess, its time to stop buying anything this Christmas that isn't made in the UK, Europe or the USA. I know it'll be expensive and right now I couldn't tell you what you could actually since everything we purchase each year for our loved ones seems to originate from the Far East! Maybe by buying raw ingredients and making your family dinner. Look at sustainable ingredients from the UK and Europe. This is the year where we give people our time rather than a crappy Christmas cracker!

Reduced demand for Chinese products will force the communist state to improve its internal demand - we need to rebalance - it is the key to a sustainable economy. Each country in the world must sell useful services and goods to each other. 


Stop the debt - its not too late! The red line has to be below the blue line!

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