One thing to beat the recession

[aaronfromhastings]

All the thrifty things you do to save money - they are the things that make a recession happen / continue.

What am I doing to end the recession? Working as much as I can and spending money wherever I can afford to to help businesses thrive. Most of the money I spend goes back into my own business so I gain and they gain, and tr he customers are happy and want to spend.

That's the way out of recession, not by saving, but by investing. There is a difference!

[Perksyandpottervids]

Whats CNN is it american ?

[scribblywibbly1]

Listen if your struggling with the recession, don't resort to crime and decide to Rob A Bank.....OPEN ONE INSTEAD!!!

[K1ngD35]

i'm just a child: i shouldn't be worrying about these things!

[kokkoru67]

Swine flu.. lol what's next Dodo flu?

[COOMBESTER59]

Can we not somehow pass on "swine flu" onto those MPs in houses of parliament coz the vast majority are greedy pigs

[TGTAP]

I ate myself, so now i've created my own time paradox, so i'll never have to eat, drink or get new clothes again!

[1roomon1]

tap into next doors electric,that shud do.For now

[P4rtis4n]

Don't spend 6 times your salary through loans and credit on stuff you can't afford and you'll be fine.

[raheemisbad]

i am taken out loans :)

[themightystripes]

to be honest this hasn't been that bad for me so far. maybe for others, but not for me.

[14Teutonic]

Record unemployment levels have been announced today as the Credit Crunch tightens its grip.

Worst hit sectors are the construction trade and Icelandic bank robbers.

[Neltron]

I'm building up a such a massive amount of debt that I'll have to be "bailed out" by my creditors!

[Bustersword910]

Recession is the opposite of economic growth. If you've still got a job, spend like we always did before the crisis and we'll soon be out of this.

[MaestroEmbassy]

Revolution!

[solarbeam555]

save money on your bills by turning all your clothes inside out after 2 days and they are good for another 2 lmao

[tk1488]

Easy. Become an MP, rig an election, live off taxpayers money (John Lewis, anyone?), waste the rest of it and then blame it on a Global Crisis. Well, it's worked for the 650 members of parliament.

[mindwreck123]

uh? What's a recession?

[ForgottenMemory13]

I robbed a bank yesterday. I got 16 million pounds of debt

[TimKai91]

hahaha xD

lol

[ComDev2]

CNN using youtube as a research tool (via text???) Interesting. Can we upload stuff here or what?

[Chivas6]

I'm moving to China.

[FloatyPineapple]

Utterly bugger-all. I don't even notice that there's a recession going on. Nothing's changed.

[daywayne]

its all corsed by your goverment. they will take your homes soon. debt=slavery slavery=debt

[brownslippers]

dont come out with ideas because they are useless, the people in charge of all this will sort everything out.

[JDs2BallsofSteel]

they were the ones that created this mess...

[woollster00]

Close down all banks and allow people to manage their own money people should not borrow or lend they should only spend what they have.

[hardrockerdave94]

They shouldn't just shut down banks, but they need to find a balance. I was watching this documentry and this guy was living almost in poverty with huge debt and during an interview he was given a phone call saying would he like to borrow £5000. 25 years ago when my Dad was asking for a loan for his first car, despite the fact he was earning decent money, he was still rejected, and this man in debt was offered £5000. Banks shouldn't be closed but they need to not give out loans on a whim

[Surlish]

Just for some perspective: I earn £30k a year. I have £15k in savings. Yet I was turned down on a credit card with a £500 limit... the banks have avoided anyone who might stay on top of their bills, as they don't make money for the banks. Well... that policy sure worked out great, didn't it?

They're welcome to their theoretical money which turns in to real losses. I'll keep my real money.

[ne1l007]

Ok, by shutting down the banks. This will not benefit the economy at all. We, aswell as our economy NEED banks for several reasons. By people saving money in banks, it lets the government undergo investment, therefore use individuals savings to invest in healthcare, education. Therefore it creates jobs, this means people recieve income.

[vekaria12345]

this is like history repeting it self

what is the point of over comeing it if the same thing is goes to happen again

[asimioso]

Recession was preventable, orchestrated, no-one cared because the worst hit are those in poverty abroad. Greed and failure to act are to blame, wealthy elite cement their power for their own long term views.Working class people are further enslaved (ignorance) to a crippling monetary system that gives us little/no options, forced to pay taxes into funds outside of our control.Lines between classes got (and are continue to get) a lot thicker.Remember knowledge is power, ignorance is enslavement.

[DonJuanDeMarco2]

Well done mate, i back you 100%.

The corporates and individuals gave up morals long ago. They think the countries going down the pan and only think of taking from it. Do you think they care more about a Ferarri Maranello or Joe Public?

They get a bail out, we get screwed. It doesn't effect them in their bubbles. Cap capitalism !

It only ends up lob sided. We spend all this money on crap we could do without and spend our entire lives working for it, while they become more and more untouchable.

[ne1l007]

Firstly, the recession was not preventable. Its all began with the sub-prime, which followed from the states, some greedy individuals, such as Dick Fuld (ex CEO of Lehamn bros) bought these sub-prime mini bonds, hoping he would make excessive profits in the future, when BNP -parabus cut 3/4 of their major mortgage deals trouble struck.

The recession is a global problem, however the UK is doing quite well in my opinion, and with quantitive easing we should be out of a recession is due course..

[micheals1992]

in a few years time the banks will be 10x richer then they are now because every body is working for nothing just to pay intrest on there loans cant you see what there doing there making people into slaves and getting every penny they earn!

[MaestroEmbassy]

Its rare to find people who are aware of how the banking system works, its nice to see your comment but I wish more people would understand how money works :'( ah well.

[cal8116]

The best possible idea, is to burn half the money. 1 dollar will be worth twice as much. you know it makes perfect nonsense

[cba243]

I say we sack the bank bosses, sack the government, and start a fresh with sea otters in charge. Yeees, sea otters. They will guide us through

[MaestroEmbassy]

HAHAHA The recession was guaranteed to happen, only a few intelligent people took advantage of it,.. kill the money mechincs and recessions wont happen, foolish humans when will you learn,..

[kreeddem]

I kill pigs in order to feed my car! thats what I'm doing to help with these hard times. God bless micro crickets!

[1337channel]

i have actually stopped buying food! not good news for the pets as they are all thats left... :D

[arunproductions]

i chucked my tv in the bin so i didn't have to watch adverts trying to take my money - thus freeing time up to enjoy my life more

[boredknight]

Sell your tv!

[turdstar3000]

take down the central banks!

[woodmaister]

To beat the recession, simply have everyone withdraw all their money from the banks at the same time. Insta-bank fail and insta-win ;D

[gloif]

As a journalist, I'm now taking my report ideas and 'news' content from randomers on YouTube rather than paying for them.

[asimioso]

It's one the few reliable sources of unbiased information left anywhere, an admirable course of action. Hypermedia might be the future of the world as we know it.

[kakkannon]

i would like to know where this abundance of wealth is.

if you on about the billions of dollars that are owed to china.. i think you are gravely mistaken

[craigspencer]

and its that kind of drivel thats got us where we are now - we need to get back to thinking that hard work and actually providing something creates wealth not getting something from nothing.

[Fernoe]

I receive money from the government to fix my failing multi billion dollar company, and spend half of it on huge bonuses and extra pension money for myself, whilst laying off hundreds of my employees.

note for the slow: I don't really own a large company.

[cal8116]

Hey, dont forget paying various memebers of the Fed to hold 'conferences'. AKA the legal alternative to bribes in exchange for bailouts.

secondary note for the slow:- acepting bailouts you havent bribed for, means they own a substancial part of a company and wont let them pay it back.

Alternative :- get the bail out, close up shop and get the hell out of dodge with you 'Hard earned cash'

[daveashe]

I'm going to stop watching the news

[tightgeist]

i'd steel and give to the poor like robin hood

[TheWillOfG]

You can't steel from a bank, Because everyone has to pay to keep them going... You can't steel from a big company because the same is true, and If you steal from a little guy, then your either a Bank, or a scumbag...!

[Scoforever]

To beat the recession don't buy anything you can not afford!

[cal8116]

um but the banks did? and they are all getting our money? somthing tells me you need to think this one over?

[neighsquig]

I sacrifice a goat every 5th day to appease the great economy.

[timmsmath]

I try to be funny...lift the gloom and spread some

happiness ...!!

[mekcool733]

I second that.

Work smarter not harder.

[rainfordmetallica]

II go and do a merry jig in the street, and passers-by reward me with a groat.

Tjose dear souls kindly enough to spare me a groat twice or even thrice, I will play them the song of my people

[smellie993]

moving to freaking abu dhabi.... :/

[AlexAgrarer]

It' simple. Work more, socialize less.

[MmoInfo]

the opposite is what this world really needs.

[cerber666]

the opposite is what this government really does not need.

[cal8116]

For the motherland?

(not a jibe at comunism, it just sounds like a bad comunist gimick)