Ok, so lets take this seriously.

Graham_Devon

The BBC are ramp ramp ramp again today. Positioned questions such as "so the CBI says we have reached the bottom of the recession" and "so that means the we are at the bottom of house prices"?

These ARE questions to their presenters, but they quickly get the "well we cant say that, but, ramp ramp ramp".

So the questions themselves are very clever and puts it in peoples minds that the bottom is reached.

So how. Seriously. Would love some of the more optimistic ones to explain how we can defy every other country who is in, or approaching recession, and come out quicker and reach the bottom in the matter of what, 5 months after such a HUGE boom?

Genuine question and I'm looking for genuine answers and would like a polite debate!!!

SingleSue

Think it might be called trying to talk our way out of the recession.......

I also think it is incredibly dangerous, many thousands of people had their lives blighted for years when they believed the ramping going on in early 1990.

Edit - Oooppss sorry, I'm not one of the optimistic ones!

Really2

Graham_Devon wrote: »

The BBC are ramp ramp ramp again today. Positioned questions such as "so the CBI says we have reached the bottom of the recession" and "so that means the we are at the bottom of house prices"?

These ARE questions to their presenters, but they quickly get the "well we cant say that, but, ramp ramp ramp".

So the questions themselves are very clever and puts it in peoples minds that the bottom is reached.

So how. Seriously. Would love some of the more optimistic ones to explain how we can defy every other country who is in, or approaching recession, and come out quicker and reach the bottom in the matter of what, 5 months after such a HUGE boom?

Genuine question and I'm looking for genuine answers and would like a polite debate!!!

Genuin answer we may not be out but we may be improving is that a crime?

Also we will not come out untill confidence is resotred, if we can regain confidence it will help a lot to getting out of recession.

Also did they not "talk it down" to start off with (as anthing obviously reported is raming)?

As for remping Graham, I presume everything you don't agree with is ramped.

As anyone said we are at the bottom?

Yo seem very woried of us coming out of recession when you are in NE, how would 50%+ falls help you.

bo_drinker

Spring 2010, official.

http://www.orange.co.uk/money/news/16343.htm?linkfrom=hp1&link=hero_pos_1_link_1&article=090420x0830x2heromoney85expectpensionshortfall

Graham_Devon

SingleSue wrote: »

Think it might be called trying to talk our way out of the recession.......

I also think it is incredibly dangerous, many thousands of people had their lives blighted for years when they believed the ramping going on in early 1990.

Ok, good point. Could talking ourselves out of recession, therefore artificially creating confidence (something the BBC keep saying today is confidence), work this time? Different times, maybe it could work?

Maybe some, including myself, have really looked passed such things as "people deposits saved, just waiting to buy"? Maybe a large sector of the population such as FTB's DO have large deposits saved? Afterall, they couldn't buy in the boom, so would have been saving?

Would like to see some real statistics showing the savings average of 20-30 year olds.

Really, I'm ignoring your post as you gone personal straight away again, I'm looking for real answers, not just "maybe you think this".

Really2

Graham_Devon wrote: »

Would like to see some real statistics showing the savings average of 20-30 year olds.

why, anyone out of the market for over 6 months is a FTB.

Dan:_4

SingleSue wrote: »

Think it might be called trying to talk our way out of the recession.......

I also think it is incredibly dangerous, many thousands of people had their lives blighted for years when they believed the ramping going on in early 1990.

Edit - Oooppss sorry, I'm not one of the optimistic ones!

In early 1990 the crash was at the very early stages, so it would have been the equivalent of buying in late 2007 believing all the hype at the credit crunch would not lead to significant house prices falls or a recession.

Really2

Graham_Devon wrote: »

Really, I'm ignoring your post as you gone personal straight away again, I'm looking for real answers, not just "maybe you think this".

So no personal coment by me,.

Do you mean balanced debate as long as it fits in with your thinking.

Graham what is the point of that?

bo_drinker

We could be starting to climb out of it next week (we won't) but the levels of personal debt and after effects will take years to sort out. When things are looking better on paper whoever is in charge then will want to take the credit for it and sweep under the carpet all the cr4p that is still on the back burners for a long while, years for many.

Graham_Devon

bo_drinker wrote: »

Spring 2010, official.

http://www.orange.co.uk/money/news/16343.htm?linkfrom=hp1&link=hero_pos_1_link_1&article=090420x0830x2heromoney85expectpensionshortfall

Yer, theres a couple of forecasters saying this. I personally can see Spring 2009 being viable, definately. Just worth remembering these are revised predictions, third revision for the CBI at least. So far, it seems the IMF have been more accurate?

No idea what the IMF are predicting as the "growth month".

ninky_2

i really thought / think this recession is going to be long. but i also thought we'd be crashing faster than has been the case.

owners of the business my OH works for seem to think the recession is coming to an end. it's construction related (they are the biggest company in their specialization in europe) and they've just had a load of new orders in and have been asking staff to do overtime etc.

strange.