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Recession or the new norm???


skyhuck
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How can anyone predict

No one predicted this recession and no one knows when we recover

Just one day you'll realise you've been very busy for a while and suddenly it's over.

If you're lucky you'll realise this and will have raised prices to reduce demand/workload and - here we go again.

Already firms are pulling the plug on China and bringing manufacturing home

It just needed above average inflation in China and a bit of wage suppression here.

We're now in a worldwide economy- adapt and survive.

Whilst there has been a glut of firms in treework recently- some of these will fall by the wayside once they struggle for the money they thought was there and then as work picks up and customers start spending on trees that have been neglected for 5 years .................... you'll be glad you stuck with it.

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How can anyone predict

No one predicted this recession and no one knows when we recover

Just one day you'll realise you've been very busy for a while and suddenly it's over.

If you're lucky you'll realise this and will have raised prices to reduce demand/workload and - here we go again.

Already firms are pulling the plug on China and bringing manufacturing home

It just needed above average inflation in China and a bit of wage suppression here.

We're now in a worldwide economy- adapt and survive.

Whilst there has been a glut of firms in treework recently- some of these will fall by the wayside once they struggle for the money they thought was there and then as work picks up and customers start spending on trees that have been neglected for 5 years .................... you'll be glad you stuck with it.

 

Hope you are right, I got this feeling though that things have changed for good, and maybe the worst is to come. I am not an end of the world person normally.

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It's a bit like a pub running out of beer, we need to start looking at the other drinks in the bar.

 

Firstly we need to look at new industries that will absorb people into work. We need something that doesn't consume resources, is good for people, is good for the environment.

 

My suggestion would be that we give a 'green value' to every tree, threatened species, acre of unfarmed land etc. Then create industries around improving these things. Every new tree planted would add to our gdp. There is already the bare structure of an industry, we just need to create international consensus.

 

This time next year we'll be millionaires...!!??

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No one predicted this recession

 

That simply isn't true, a great many people knew we were riding the largest bubble we had ever know and it had to come to an end.

 

OK very few people knew exactly how it would end, but a great many of us knew it simple could not continue as it was.

 

I had been asking for years where people thought all the money was coming from?? We had estate agents going into peoples homes and basically giving them suitcases of imaginary money, IE they would value some ones home at £100K more than they had paid, they would then go down the bank with that valuation and remortgage for an extra £50K, where had that £50K come from?? no one had earned it, no one had mined any gold, it was just made up.

 

So it had to end, it could not go on for ever.

 

Whats worrying me is the affect of government cuts, they seem to have really had a bad affect on the economy, but in fact only 12% of the cuts have be implemented, whats gonna happen when the other 88% start to come through?????? :(

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That simply isn't true, a great many people knew we were riding the largest bubble we had ever know and it had to come to an end.

 

OK very few people knew exactly how it would end, but a great many of us knew it simple could not continue as it was.

 

I had been asking for years where people thought all the money was coming from?? We had estate agents going into peoples homes and basically giving them suitcases of imaginary money, IE they would value some ones home at £100K more than they had paid, they would then go down the bank with that valuation and remortgage for an extra £50K, where had that £50K come from?? no one had earned it, no one had mined any gold, it was just made up.

 

So it had to end, it could not go on for ever.

 

Whats worrying me is the affect of government cuts, they seem to have really had a bad affect on the economy, but in fact only 12% of the cuts have be implemented, whats gonna happen when the other 88% start to come through?????? :(

 

Spot on. To say no-one could predict it is nonsense; lots of people did.

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Correct; crash was predicted but while a few continue to make big money the behaviour's not going to stop just because of some warnings. Huck, government cuts worry everyone but remember why they are necessary - years of spend, spend, spend of that non-existent money, some of it on employing countless thousands of 'guaranteed' future Labour voters. Didn't work though did it!

 

I started my earlier post 'call me the eternal optimist': this recession will end/peter out. History says so. The economy has seen worse (1930) but recovery still happened and will again.

 

 

 

 

I hope.

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Correct; crash was predicted but while a few continue to make big money the behaviour's not going to stop just because of some warnings. Huck, government cuts worry everyone but remember why they are necessary - years of spend, spend, spend of that non-existent money, some of it on employing countless thousands of 'guaranteed' future Labour voters. Didn't work though did it!

 

I started my earlier post 'call me the eternal optimist': this recession will end/peter out. History says so. The economy has seen worse (1930) but recovery still happened and will again.

 

 

 

 

I hope.

 

Oh please don't get me wrong, I believe the cuts are vital!!!!

 

Its a bit like a surgeon removing your leg in an emergency without anaesthetic, the leg has gangrene and if not removed will kill you, but it hurts like hell just now!!!!!!!!!!!:thumbdown:

 

As you say Labour were bonkers!! Mr Brown and his claim to have done away with "boom and bust" how deluded, we were in the middle of the biggest boom the world has ever seen:001_rolleyes:

 

And how they thought growing the public sector could help I really don't understand :confused1:, thats like me finding my wage is not enough to cover our house hold budget, so I decide to employ my daughter so her wage will help pay the bills............................OH BUT where is her wage going to come from?????????????????????:001_rolleyes:

 

What really annoys me is that the powers that be want us to think this situation was out of their control and very complex, when in reality its very simple, we spent what we did not have and those near the top got very rich along the way, so are not affected by the hole we are know in.

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I maintain no one predicted it- exact date to start

Everyone since 2003 had been moaning that this couldn't go on and it did and a lot of us believed that it could. The new paradigm

Easy to say in hindsight that we were all fools but everyone got caught up in it.

The Icelandic banks going tits up was I seem to remember the start of it and from then on it gathered steam.

If predictions had been made then there were some big institutions out there who weren't listening Kent county council included (£50million invested in Iceland)

What I am saying is that we expect the good times to end but are surprised when they do

We also expect the recessionary times to continue and are surprised by their end

There are obviously economic indicators of boom and bust but government interferrence disguises them often for political reasons.

Lets say this- will the current recession peter out in the build up to the next election Hmmmm

Just heard on the radio that Agriculture and horticulture industries are booming 25% increase year on year - there you go.

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thats like me finding my wage is not enough to cover our house hold budget, so I decide to employ my daughter so her wage will help pay the bills............................OH BUT where is her wage going to come from?????????????????????:001_rolleyes:

 

 

 

All your above post spot on but I do like this analogy!:001_tongue:

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