Growing Evidence That The Upturn Is Upon Us
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I'm noticing evidence of an upturn on a world scale (my personal index of world trade, the "Number of cargo ships waiting to enter Vancouver Harbour", is almost back up to normal levels), but I'm more doubtful that the UK can recover anytime soon. I can't see anything that the UK actually does anymore. Manufacturing....nope. Financial services .... nope. What is the UK economy going to be based on now?
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The state of the economy is poor due to the fact that confidence is low because of the fact that we are told day in day out how bad things are by the media and people like you. People are scared to spend. A little bit of positivity could go a long way.
All of that aside and I am not at the point yet, and, I don't intend to get anywhere near the point but would it have an affect in being recruited by an airline if one were to go bankrupt? Given the scheme of things......
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Manufacturing....nope. Financial services .... nope. What is the UK economy going to be based on now
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And if you REALLY do not think the world ecomony is all that bad just wait until GM and Chrysler go bust. The automobile industry employs over 10000000 workers in America. Americas unemployment rate will go through the roof and then, maybe then, people will start to realise the mess we are in. And what a load of cack Obama is. But we will see.
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Hmmm....the 40% of Uk mortgage holders who have tracker mortgages would probably beg to differ with GSB's statement. Myself and better half, like many other mortgage holders, actually find ourselves 100's of pounds better off per months thanks to the current economic situation.
Whilst I dont advocate running out today and blowing 1000's on integrated training....there really is some serious pie in the sky sh1t on this thread!
Whilst I dont advocate running out today and blowing 1000's on integrated training....there really is some serious pie in the sky sh1t on this thread!
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Clear Prop "do we have more debt"? Who do you think is going to have to repay all this money the government is borrowing???? Of course we have bucket loads more debt.... might not be a mortgage but you will still have to repay it via higher taxes in the future..... call it Gordon Brown's legacy for the future. 
. Look at what is happening in Ireland... they have a budget deificit similar to the UK's (way ahead of everyone else)... they at least have to bollocks to start cutting wages and public sector jobs.
Alex it is not just the people who work for GM and Crysler.... there are showrooms, part suppliers, etc etc all who will be impacted. You have been banging on about how the bears have been wrong for months and today we are likely to see the US print its biggest jump in unemployment for over 25 years.
. Look at what is happening in Ireland... they have a budget deificit similar to the UK's (way ahead of everyone else)... they at least have to bollocks to start cutting wages and public sector jobs. Alex it is not just the people who work for GM and Crysler.... there are showrooms, part suppliers, etc etc all who will be impacted. You have been banging on about how the bears have been wrong for months and today we are likely to see the US print its biggest jump in unemployment for over 25 years.
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Interesting to note that even George Soros (oft quoted amongst the negative posts on this thread) admitted last night that the G20 summit was a gamechanger and that the tide is beginning to turn.
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ZeBedie,
Nope, of course it wont last. For the immediate future however it looks as
though the interest rates will remain low. No surprises then that mortgage lenders are refusing to hand out trackers just now.
But for now, im making hay while the sun shines.
Nope, of course it wont last. For the immediate future however it looks as
though the interest rates will remain low. No surprises then that mortgage lenders are refusing to hand out trackers just now.
But for now, im making hay while the sun shines.
A squeak from TheBeak:-
Why do you feel the need to make up figures that are so easy for anyone to check? Do you feel it helps you to make a convincing argument?
The FTSE100 closed at 4125 last night. At 0900 today it was 4104, just 21 points down; not the 40 points that you claim and would clearly like us to believe. OK, so it did drop to a low of 4094 some 10 minutes earlier, but that is just 31 points lower - still not the 40 points that you would like us to believe.
Possibly maths, observation and accurate reporting are not your best subjects - much like our politicians?
It is presently climbing through 4023, probably soon to pass yesterday's closing high of 4025. We're all still watching - are you?
The G20 Summit achieved a 160 point rise in the FTSE and by 0900 this morning it had lost 40 of the points.
The FTSE100 closed at 4125 last night. At 0900 today it was 4104, just 21 points down; not the 40 points that you claim and would clearly like us to believe. OK, so it did drop to a low of 4094 some 10 minutes earlier, but that is just 31 points lower - still not the 40 points that you would like us to believe.
Possibly maths, observation and accurate reporting are not your best subjects - much like our politicians?
Watch the rest disappear over today/ tomorrow.
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Not quite true Topslide - there arent doubtless people getting cheap mortgages just now. People ARENT getting mortgages full stop. Those that are, certainly arent getting low interest rates. I suggest you actually look at some of the lenders deals on offer. The tracker and low interest bank variable rate deals were offered long before the economic situation hit the fan. Lenders pulled the plug on those deals months ago. If you want to buy property just now then you need a whopping great deposit to get anything nearer a low interest rate. And that of course is one of the big problems just now with the property slump...there's no movement in the system because people cant get a decent mortgage.
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Look just before 0900 pilotmike......It is clearly above 4120 and below 4100. I said it as I saw it. Sorry there was clearly a little parallax error there. And as has been said there are always little rallies in the market - just watch Mike my friend and come back and say sorry in a couple of days.xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxx
TheBeak - some points for you:
Why am I supposed to say sorry to you for pointing out that you exaggerated a drop of 21 points, claiming it to be 40?
There is no such thing as parallax error on LCD screens - the error is in your wilful misreporting. Since when did a drop from 4120 to 4100 represent a drop of 40? As I said, maths, observation and accurate reporting clearly aren't your best subjects.
I hadn't considered myself 'your friend' on the basis of this exchange. There is no need for your patronising tone.
Possibly best summed up by Alex W when he said to you:
Why am I supposed to say sorry to you for pointing out that you exaggerated a drop of 21 points, claiming it to be 40?
There is no such thing as parallax error on LCD screens - the error is in your wilful misreporting. Since when did a drop from 4120 to 4100 represent a drop of 40? As I said, maths, observation and accurate reporting clearly aren't your best subjects.
I hadn't considered myself 'your friend' on the basis of this exchange. There is no need for your patronising tone.
Possibly best summed up by Alex W when he said to you:
Absurd. Get a life.
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Yep, someone deleted mine as well. Obviously my suggestion to look at 12 months worth of data rather than a couple of hours wasn't worthy. So, not only do we have a thread with ill-informed tripe, we have a thread that is being manipulated.
I wonder how long this post will last.
I wonder how long this post will last.