Print

Please login or register.
1 Hour 1 Day 1 Week 1 Month Forever
Login with username, password and session length

[Varche]

Like I said months back, this is only the thin end of the wedge. Brace yourself for far worse. It is all a pack of cards just waiting..........

varche

[TheBoy]

media blown it out of proportion.  For the last few months, most people who wanted to leave would have been offered redundancy.  Nobody in the office today seemed worried (although I no longer work for BT, I am still based in a BT building).

[Nickbat]

media blown it out of proportion.  For the last few months, most people who wanted to leave would have been offered redundancy.  Nobody in the office today seemed worried (although I no longer work for BT, I am still based in a BT building).

TB's absolutely right. The reason why this is as "bad" as it is, and perhaps why it will be as "terrible" as suggested is purely down to the media...and dopes like Mervyn King.

The more you drone on about the recession and the possible depression, so your words become a self-fulfilling prophecy as more people start worrying about the future and rein in their spending. Thus businesses make less money, people get laid off, and so less people have wages, more headlines hit the papers, and so spending then contracts further, and so on.

From an economic science point of view, the way out of the recession is easy. Just increase the velocity of money in the system (i.e. get people/companies to spend again). Unfortunately, despite the science, humans are like sheep and will follow each other round in circles. The BBC, and other media, meanwhile will continue to spout out the doom stories.

This whole "crisis" is emotional. Until people in the government and media start talking things up again, it can only get worse.        

[MikeDundee]

Customer service won't affect me as my services from BT cease at 12.01am on 2nd December.  

[tmx]

Customer service won't affect me as my services from BT cease at 12.01am on 2nd December.  

unless you have moved to a cable supplier then you will still be using BT! BT's Exchange to give you dialtone & BT's Copper cable to bring the service to your house! & perhaps even BT's DSLAM unless its LLU.

Joblosses at BT was aload of nonsense! media are full of rubbish and i think they should be forced to appologise for blowing this out of proportion! 10,000 jobs to go at BT they said on R4! well its not as i said its 4,000 directly employed staff! and to put this into perspective 7,000 people left BT last year under Retirement & Voluntary Redundancy!

[cem_devecioglu]

media blown it out of proportion.  For the last few months, most people who wanted to leave would have been offered redundancy.  Nobody in the office today seemed worried (although I no longer work for BT, I am still based in a BT building).

TB's absolutely right. The reason why this is as "bad" as it is, and perhaps why it will be as "terrible" as suggested is purely down to the media...and dopes like Mervyn King.

The more you drone on about the recession and the possible depression, so your words become a self-fulfilling prophecy as more people start worrying about the future and rein in their spending. Thus businesses make less money, people get laid off, and so less people have wages, more headlines hit the papers, and so spending then contracts further, and so on.

From an economic science point of view, the way out of the recession is easy. Just increase the velocity of money in the system (i.e. get people/companies to spend again). Unfortunately, despite the science, humans are like sheep and will follow each other round in circles. The BBC, and other media, meanwhile will continue to spout out the doom stories.

This whole "crisis" is emotional. Until people in the government and media start talking things up again, it can only get worse.        

yep..the money cycle must increase speed..but also for short period of time take the risk of inflation and print money to start the river flowing..