Growing Evidence That The Upturn Is Upon Us
Amen!
WWW
WWW
Join Date: Aug 2001
Location: Salop
Age: 57
Posts: 321
Likes: 0
Received 0 Likes
on
0 Posts
.......well 'er indoors was having a good ol' whinge a couple of nights ago about the cost of Easyjet fares (LPL-Nice) !! She wants to go during the May half-term with her mum and our 2 kids and claims Ezy want £250 each ! I think she will be looking into other destinations as a result ! I hope Ezy don't price themselves out of the market, but then again what do you expect during kids hols !! ??
Thread creep I know ........ or is it ?
Thread creep I know ........ or is it ?
Join Date: Sep 2004
Location: Back of beyond
Age: 45
Posts: 33
Likes: 0
Received 0 Likes
on
0 Posts
How to make money in a recession
One company thats defying the recession, increasing demand pushing up production and as a result, hiring more staff. "Orders are up to the ceiling and out the door!" said the CEO of Sh1t Creek Paddlemakers LTD.....
When I said "move somewhere safe"...
Europe's winter of discontent - Telegraph
And most worryingly accurate...
I WARNED OF CRISIS TEN YEARS AGO THEN DID ABSOLUTELY NOTHING ABOUT IT, SAYS BROWN - The Daily Mash
My new gun cabinet is being delivered on Friday - is that too bearish dya' think?
WWW
Europe's winter of discontent - Telegraph
The French are in revolt. On Thursday, teachers, television employees, postal workers, students and masses of other public-sector workers will be united in a hugely-popular strike with car workers, supermarket staff, journalists and thousands of others in the private sector.
One poll said that 75 per cent of the public supported the action,
One poll said that 75 per cent of the public supported the action,
A depression triggered in America is being played out in Europe with increasing violence, and other forms of social unrest are spreading. In Iceland, a government has fallen. Workers have marched in Zaragoza, as Spanish unemployment heads towards 20 per cent. There have been riots and bloodshed in Greece, protests in Latvia, Lithuania, Hungary and Bulgaria. The police have suppressed public discontent in Russia
Economic hardship spawned demonstrations. It allowed extremists to gather support after a loss of faith in mainstream political movements. Economic catastrophe bred Franco, Mussolini and Hitler.
And most worryingly accurate...
I WARNED OF CRISIS TEN YEARS AGO THEN DID ABSOLUTELY NOTHING ABOUT IT, SAYS BROWN - The Daily Mash
My new gun cabinet is being delivered on Friday - is that too bearish dya' think?
WWW
Join Date: Dec 2000
Location: Samsonite Avenue
Posts: 1,538
Likes: 0
Received 0 Likes
on
0 Posts
The French are in revolt. On Thursday, teachers, television employees, postal workers, students and masses of other public-sector workers will be united in a hugely-popular strike with car workers, supermarket staff, journalists and thousands of others in the private sector.
One poll said that 75 per cent of the public supported the action,
One poll said that 75 per cent of the public supported the action,
That's enough of that.
To brighten people's spirits a tad maybe consider this:
From the UK Office of National Statistics, here are the mean salaries for the 20 best paying jobs for men working full time in the UK during 2008 (excluding banking).
1. Director/chief executive of a major organization: £136k
2. Corporate managers and ‘senior officials’: £110k
3. Medical practitioners: £80k
4. Health professionals: £74k
5. Aircraft pilots and flight engineers: £74k
6. Financial managers and chartered secretaries: £70k
7. Senior officials in national government: £68k
8. Managers in mining and energy: £65k
9. Air traffic controllers: £64k
10. Dental practitioners: £62k
11. Solicitors, lawyers, judges and coroners: £60k
12. Personnel, training and industrial relations managers: £60k
13. Legal professionals: £59k
14. Functional managers: £57k
15. Police officers (inspector and above): £56k
16. Purchasing managers: £53k
17. Marketing and sales managers: £53k
18. Senior officials in local government: £53k
19. Legal professionals n.e.c.*: £52k
20. Pharmacy managers: £52k
WWW
To brighten people's spirits a tad maybe consider this:
From the UK Office of National Statistics, here are the mean salaries for the 20 best paying jobs for men working full time in the UK during 2008 (excluding banking).
1. Director/chief executive of a major organization: £136k
2. Corporate managers and ‘senior officials’: £110k
3. Medical practitioners: £80k
4. Health professionals: £74k
5. Aircraft pilots and flight engineers: £74k
6. Financial managers and chartered secretaries: £70k
7. Senior officials in national government: £68k
8. Managers in mining and energy: £65k
9. Air traffic controllers: £64k
10. Dental practitioners: £62k
11. Solicitors, lawyers, judges and coroners: £60k
12. Personnel, training and industrial relations managers: £60k
13. Legal professionals: £59k
14. Functional managers: £57k
15. Police officers (inspector and above): £56k
16. Purchasing managers: £53k
17. Marketing and sales managers: £53k
18. Senior officials in local government: £53k
19. Legal professionals n.e.c.*: £52k
20. Pharmacy managers: £52k
WWW
Join Date: Nov 2004
Location: The Desert but shortly to be HK!)
Age: 49
Posts: 474
Likes: 0
Received 0 Likes
on
0 Posts
There is going to be an avalanche of talented, bright people coming out of the city back into the "real world".... so competition for jobs will be intense.
Right, that's it lads, you've had you lunch hour off - now back to the misery:
Britain's recession will be deepest, IMF warns - Telegraph
Britain's recession will be deepest, IMF warns
Britain's recession will be deeper than any other major country this year, the International Monetary Fund warned today as the banking crisis continues to send shudders through the rest of the economy.
By Jamie Dunkley
Last Updated: 3:17PM GMT 28 Jan 2009
British gross domestic product will contract 2.8pc this year, a sharper and more painful decline than the IMF now forecasts for America, the Eurozone or Japan. The new forecast compares with a prediction of a 1.3pc decline made in November.
If we see something like 3% decline in one year we'll be looking at the worst recession since WW2. If his happens we'll lose dozens of significant airlines. If that happens there will be tens of thousands of unemployed pilots.
Join the dots.
WWW
Britain's recession will be deepest, IMF warns - Telegraph
Britain's recession will be deepest, IMF warns
Britain's recession will be deeper than any other major country this year, the International Monetary Fund warned today as the banking crisis continues to send shudders through the rest of the economy.
By Jamie Dunkley
Last Updated: 3:17PM GMT 28 Jan 2009
British gross domestic product will contract 2.8pc this year, a sharper and more painful decline than the IMF now forecasts for America, the Eurozone or Japan. The new forecast compares with a prediction of a 1.3pc decline made in November.
If we see something like 3% decline in one year we'll be looking at the worst recession since WW2. If his happens we'll lose dozens of significant airlines. If that happens there will be tens of thousands of unemployed pilots.
Join the dots.
WWW
Join Date: Jul 2007
Location: Shucky's back yard
Posts: 92
Likes: 0
Received 0 Likes
on
0 Posts
What on earth is a chartered secretary???!
This was the old tax return entry for a Lord's Lady - before she was made redundant, obviously, and his Lordship had to go to lobbyists for his next Porsche.
For a moment there WWW I thought hell had frozen over! Good to see your keeping up your position of PPRUNE Doom monger. I often get a hard time from my studying colleges for being rather downbeat about the economy and job prospects when we finish training, it does get boring always saying the same negative things but I feel it's important that people at least know about them. Yes, the job market and world economy is in a pretty bad place at the moment but things will stableise. Only a few months ago the treasury were predicting the UK economy to grow in 2009 and now the IMF are predicting a considerable contraction. Oil was predicted to go to $200 a barrel, within 6 months it had dropped to $30. Its extremely tough for everyone at the moment, but I do remain confident that the global economy will recover. Maybe not to growth levels we have seen previously, but at least to a more stable environment.
I watched the youtube video of Money is Debt and its quite scary, it allows banks to create money which is debt. Its scary that the loan agreement i have with the bank can be sold to a 3rd party for cash. It helps understand what toxic debt etc is. Maybe EASA should put replace a module in the ATPL's with Global Economics. Would be a laugh!
I watched the youtube video of Money is Debt and its quite scary, it allows banks to create money which is debt. Its scary that the loan agreement i have with the bank can be sold to a 3rd party for cash. It helps understand what toxic debt etc is. Maybe EASA should put replace a module in the ATPL's with Global Economics. Would be a laugh!
Glad you learned a little about something so massively important to the working of the modern world that the public ignorance of it is, in itself, marvelously scary.
Personal finance, banking, credit, compound interest - none of these things are taught with any structure or prominence in the education system. Conspiracy theorists would imagine it is because it serves the rich and the powerful well to keep the general population ignorant of it all.
Belief in money is as important to modern society as food, shelter and gravity. Belief in Banks is a proxy for belief in money. For this reason any amount of support can be found for any bank, by any Government, at any time. It is simply their highest priority over any other task or desire.
Consider the rule of 70. This rule helps estimate doubling time. Something growing at 7% a year will double in 10 years. At 14% its 5 years and at 1% its 70 years. You get the idea.
Now look at CAA data for UK airline passenger growth - they did a recent report:
http://www.caa.co.uk/docs/589/erg_re...s_final_v2.pdf
Roughly speaking, since 1994 growth rates have bobbed around 6%. Thereby giving a doubling every 12 years. This in either nature or economics is a very fast doubling rate. It CANNOT continue.
In fact as we all know it will contract. It has plenty of scope for contraction as even losing a fifth of the entire industry would only put us back where we were three years ago.. Which is what house prices have already done.
The party is well and truly over and even recovery to 0% growth will take some time to achieve and maintain. Wannabes have to realise that the power of the maths is against them this time in a way it has not been for nearly 20 years.
The West has been living a dream subsidized by the industrial revolutions of the Far East. The dream is now over. The Nightmares are now upon us.
WWW
Personal finance, banking, credit, compound interest - none of these things are taught with any structure or prominence in the education system. Conspiracy theorists would imagine it is because it serves the rich and the powerful well to keep the general population ignorant of it all.
Belief in money is as important to modern society as food, shelter and gravity. Belief in Banks is a proxy for belief in money. For this reason any amount of support can be found for any bank, by any Government, at any time. It is simply their highest priority over any other task or desire.
Consider the rule of 70. This rule helps estimate doubling time. Something growing at 7% a year will double in 10 years. At 14% its 5 years and at 1% its 70 years. You get the idea.
Now look at CAA data for UK airline passenger growth - they did a recent report:
http://www.caa.co.uk/docs/589/erg_re...s_final_v2.pdf
Roughly speaking, since 1994 growth rates have bobbed around 6%. Thereby giving a doubling every 12 years. This in either nature or economics is a very fast doubling rate. It CANNOT continue.
In fact as we all know it will contract. It has plenty of scope for contraction as even losing a fifth of the entire industry would only put us back where we were three years ago.. Which is what house prices have already done.
The party is well and truly over and even recovery to 0% growth will take some time to achieve and maintain. Wannabes have to realise that the power of the maths is against them this time in a way it has not been for nearly 20 years.
The West has been living a dream subsidized by the industrial revolutions of the Far East. The dream is now over. The Nightmares are now upon us.
WWW
WWW, I have to laugh every time I log in and read some young persons quote that it'll get better, it's not as bad as all that, things will turn around etc etc.
Don't they get it yet? This is going to be hell on earth, and not just for wannabe pilots. Boeing plan to cut HOW MANY JOBS???? No virgin pay rises this year. BA lose millions. Deeper and deeper we fall, Brown and Darling must be sh*tting in their pants about the legacy they'll leave. Or maybe not?
Maybe they should make the coffee stronger so it really does give off a more intense aroma on waking.
I can't wait to see where we are in June/July 2009. As for shotguns? It might just be a very good plan!
Don't they get it yet? This is going to be hell on earth, and not just for wannabe pilots. Boeing plan to cut HOW MANY JOBS???? No virgin pay rises this year. BA lose millions. Deeper and deeper we fall, Brown and Darling must be sh*tting in their pants about the legacy they'll leave. Or maybe not?
Maybe they should make the coffee stronger so it really does give off a more intense aroma on waking.
I can't wait to see where we are in June/July 2009. As for shotguns? It might just be a very good plan!
I'm all for realism, but the picture I see being painted is of the world going back a few hundred years. True survival of the fittest where we have to fight each other for food and shelter. Forgive me for being optimistic but I truly can't see that happening. At least your laughing, nothing worse than no sense of humour 
