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Recession or the new norm???


skyhuck
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You're all wrong.

 

The good times are just round the corner.

 

In fact, I'm thinking of pre-ordering a shed load of champagne and cocaine just so I'm ready for them.

 

Champagne , Cocaine ? what next Rohypnol :lol::lol:

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In fact, I'm thinking of pre-ordering a shed load of champagne and cocaine just so I'm ready for them.

 

 

I've seen at first hand the impact of straight lager on your system Mark - are you sure the above would be wise? :001_tongue:

 

 

 

:001_smile:

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Call me an eternal optimist but... I'm not convinced that China (or India) will actually take the world over. China has invested in infrastructure sure - a good move in principle - but the sums involved are truly colossal and they've lent, lent, lent. The US owes them trillions. The climate is one of countries being unable to pay their debts, in some case struggling to even service the interest payments. That presents risk to the lender, especially if the lendees find they can't continue buying.

Add to that the Chinese workforce's new found desire for decent pay and working conditions: it is a huge workforce and it won't work for peanuts much longer.

 

Yes, you have to admire Germany for maintaining its manufacturing industry; it's paid dividends. And no wonder they've got the hump at bailing out Greece, a country that defrauded its way into the Eurozone! Why would it be bad for us if we cast Greece aside? It seems the logical thing to do to me.

 

Jon

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You're all wrong.

 

The good times are just round the corner.

 

In fact, I'm thinking of pre-ordering a shed load of champagne and cocaine just so I'm ready for them.

 

I'm gonna be on that if things get much worse, just to numb the pain:(

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On the bright side trees won't strop growing

because of a recession nor will duty of care cease.

If your up to the hilt on loans and the like things will

get tight for sure but that's why in the good times you should

Get ahead to be able to ride out the rough.

Isn't that what business is all about not so much the now

but being prepared for what's round the corner?

So it's a kind of natural selection survival of the fittest.

Harsh but true..some will fall and others will strive

Its not a game

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Call me an eternal optimist but... I'm not convinced that China (or India) will actually take the world over. China has invested in infrastructure sure - a good move in principle - but the sums involved are truly colossal and they've lent, lent, lent. The US owes them trillions. The climate is one of countries being unable to pay their debts, in some case struggling to even service the interest payments. That presents risk to the lender, especially if the lendees find they can't continue buying.

Add to that the Chinese workforce's new found desire for decent pay and working conditions: it is a huge workforce and it won't work for peanuts much longer.

 

Yes, you have to admire Germany for maintaining its manufacturing industry; it's paid dividends. And no wonder they've got the hump at bailing out Greece, a country that defrauded its way into the Eurozone! Why would it be bad for us if we cast Greece aside? It seems the logical thing to do to me.

 

Jon

 

I'm sort of with you on that Jon. I don't think China or India will dominate in the long term but I reckon they'll do well for the next generation or three.

We wouldn't cast Greece adrift (I think we should) because we're too soft and isn't that the root of a lot of problems?

 

Steve Bulman commented that there are a lot of negatives running through this thread but it is a thread with a negative bias. Anyone with a modicum of intelligence will be aware of the positives. No disrespect meant SB, I know you're a smart man.

 

 

---

I am here: http://tapatalk.com/map.php?zioyjc

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