RBS: Panic! Sell everything! Meltdown looming!
Discussion
Since the government are fumbling around in the dark (because none of them have a f
king clue how the rest of us generate the tax revenues they leech from) with the productivity conundrum, it might be an idea if people of all professions suggested a good place to start was our road transport network. Polishing turds by adding the odd extra lane or variable speed limits is merely a sticking plaster.
Increasing the mobility of goods services and labour has to be a good thing, as does reducing general overheads of GDP. It's frightening to think of all the salaries and wages being paid and the productive opportunity cost in all the many and various traffic jams about the land.
king clue how the rest of us generate the tax revenues they leech from) with the productivity conundrum, it might be an idea if people of all professions suggested a good place to start was our road transport network. Polishing turds by adding the odd extra lane or variable speed limits is merely a sticking plaster.Increasing the mobility of goods services and labour has to be a good thing, as does reducing general overheads of GDP. It's frightening to think of all the salaries and wages being paid and the productive opportunity cost in all the many and various traffic jams about the land.
Digga said:
Since the government are fumbling around in the dark (because none of them have a fking clue how the rest of us generate the tax revenues they leech from) with the productivity conundrum, it might be an idea if people of all professions suggested a good place to start was our road transport network. Polishing turds by adding the odd extra lane or variable speed limits is merely a sticking plaster.
Increasing the mobility of goods services and labour has to be a good thing, as does reducing general overheads of GDP. It's frightening to think of all the salaries and wages being paid and the productive opportunity cost in all the many and various traffic jams about the land.
king clue how the rest of us generate the tax revenues they leech from) with the productivity conundrum, it might be an idea if people of all professions suggested a good place to start was our road transport network. Polishing turds by adding the odd extra lane or variable speed limits is merely a sticking plaster.Increasing the mobility of goods services and labour has to be a good thing, as does reducing general overheads of GDP. It's frightening to think of all the salaries and wages being paid and the productive opportunity cost in all the many and various traffic jams about the land.
Then reduce energy taxes by scrapping the expensive and pointless Turbine Toryism strategy to achieve blackouts, reduce fuel duty rather than be tempted to increase it with low oil prices, reduce corptax more as of now, and sod the EU over red tape (leave the EU).
That an increase capital allowances for investment in plant and equipment. Current levels are a bloody joke; our engineering division can blow the whole lot with one fairly modestly spec 'do CNC machine tool. I'm sure Italian engineering SMEs (some of the best knitted works about IMH) get considerably better deals.
speedy_thrills said:
227bhp said:
Has there ever been a recession starting so close to another one ending?
Yes, though it depends how you define recession of course. Every 8 to 10 years you tend to get a period of negative GDP growth. We've had a pretty good bull market and valuations now looked well stretched by some traditional measures. Companies have returned a lot to shareholders through financial engineering so have concentrated risk and return a lot over the last few years. Many are struggling with top line growth at the moment as inflation adjusted wages (partially masked by CPI recently) and productivity are little changed. It's been a good time for investors and companies to pause and reflect on the last few years.
Source: Me.
andhttp://www.theguardian.com/commentisfree/2014/may/...
I was hoping for a few more years to make some money
227bhp said:
speedy_thrills said:
227bhp said:
Has there ever been a recession starting so close to another one ending?
Yes, though it depends how you define recession of course. Every 8 to 10 years you tend to get a period of negative GDP growth. We've had a pretty good bull market and valuations now looked well stretched by some traditional measures. Companies have returned a lot to shareholders through financial engineering so have concentrated risk and return a lot over the last few years. Many are struggling with top line growth at the moment as inflation adjusted wages (partially masked by CPI recently) and productivity are little changed. It's been a good time for investors and companies to pause and reflect on the last few years.
Source: Me.
andhttp://www.theguardian.com/commentisfree/2014/may/...
I was hoping for a few more years to make some money
Zod said:
Sam All said:
Even at 0%, cash seems a good option right now. Prefer return of capital than uncertain return on capital.
The year of the Monkey is considered unlucky year for Chinese. And the rest?
Well, that's clear science, so I'm convinced.The year of the Monkey is considered unlucky year for Chinese. And the rest?
Digga said:
Zod said:
Sam All said:
Even at 0%, cash seems a good option right now. Prefer return of capital than uncertain return on capital.
The year of the Monkey is considered unlucky year for Chinese. And the rest?
Well, that's clear science, so I'm convinced.The year of the Monkey is considered unlucky year for Chinese. And the rest?
Zod said:
Sam All said:
Even at 0%, cash seems a good option right now. Prefer return of capital than uncertain return on capital.
The year of the Monkey is considered unlucky year for Chinese. And the rest?
Well, that's clear science, so I'm convinced.The year of the Monkey is considered unlucky year for Chinese. And the rest?
Glad you think the cold winds from the east have nothing to with this correction. And you think this cannot turn into a sentiment led rout.
So what's your prognosis?
Digga said:
That an increase capital allowances for investment in plant and equipment. Current levels are a bloody joke; our engineering division can blow the whole lot with one fairly modestly spec 'do CNC machine tool. I'm sure Italian engineering SMEs (some of the best knitted works about IMH) get considerably better deals.
when i worked in the industrial ceramics industry i spent a bit of time in european end customers plants and capital equipment manufacturing plants in europe, including italy. the very first thing i noticed was they all had the latest tech ,whereas in the uk people are still working with equipment that is 50 years old plus in some cases. it is no wonder many of our manufacturing industries are struggling when costs for many things are far higher than mainland europe .Sam All said:
Zod said:
Sam All said:
Even at 0%, cash seems a good option right now. Prefer return of capital than uncertain return on capital.
The year of the Monkey is considered unlucky year for Chinese. And the rest?
Well, that's clear science, so I'm convinced.The year of the Monkey is considered unlucky year for Chinese. And the rest?
Glad you think the cold winds from the east have nothing to with this correction. And you think this cannot turn into a sentiment led rout.
So what's your prognosis?
wc98 said:
Digga said:
That an increase capital allowances for investment in plant and equipment. Current levels are a bloody joke; our engineering division can blow the whole lot with one fairly modestly spec 'do CNC machine tool. I'm sure Italian engineering SMEs (some of the best knitted works about IMH) get considerably better deals.
when i worked in the industrial ceramics industry i spent a bit of time in european end customers plants and capital equipment manufacturing plants in europe, including italy. the very first thing i noticed was they all had the latest tech ,whereas in the uk people are still working with equipment that is 50 years old plus in some cases. it is no wonder many of our manufacturing industries are struggling when costs for many things are far higher than mainland europe .One of the best specialist firms is one we've dealt with for 20 odd years. In the space of that time, and given that even back in 1999 their CNC machines on the shop floor all linked centrally to their production planning system and were laid out in optimum configuration in a workshop which was perfect for the job, they have almost doubled in size.
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