2010 predictions thread.....

chucky

Mr.Brown wrote: »

Not sure what any of that strange comment has to do with 2010 predictions!

it's not strange - it's a reminder of your real personality that craves attention

Mr.Brown wrote: »

Not sure what any of that strange comment has to do with 2010 predictions! Do you have a view on the real budget to come after we elect a new government - whether it will be cuts or taxes, or both?

it will probably be bigger cuts than direct taxes

Mr.Brown wrote: »

Do you think it will be enough to address the deficit and please the financial markets, and enough to stave off rating changes and higher interest rates?

the financial markets seem pleased for now - are you reading anything different in the financial markets. i'd love to see some facts to show that the financial markets aren't pleased...

Mr.Brown_4

chucky wrote: »

i'd love to see some facts to show that the financial markets aren't pleased...

Yeah. I don't think markets work on facts! Otherwise there wouldn't be a market - lol. So there is a view taken - and the view that interests me is whether the financial markets believe the UK has a plan for paying back its debt. Or whether it is capable of servicing that debt.

If the market view is that we can then all is good. But if that view changes, and we are being given breathing space until the emergency budget, then a sudden change of sentiment could occur. A rerating leading to a sharp increase in interest rates perhaps.

So our future looks like either an appalling budget or a loss of confidence in our economy. Neither would appear to be very attractive.

Add in similar 'views' being taken across other economies and it is, as I said previously, a fingers crossed type of year.

WhiteThierry

Emy1501 wrote: »

10) We will lose the special relationship with the US.

As a serving member of the armed forces, i hope you're correct :T

chucky

Mr.Brown wrote: »

Yeah. I don't think markets work on facts!

lol, really!? markets don't work on facts... so when unemployment or output figures are released the financial markets don't react to these numbers. that just proves the point that you're trying to mock or discredit hamish but haven't got the remotest clue yourself. the rest of your post was waffle too.

you were never the most intelligent mewbie... funny maybe, but not intelligent enough to back up your viewpoint...

Mr.Brown_4

chucky wrote: »

lol, really!? markets don't work on facts... so when unemployment or output figures are released the financial markets don't react to these numbers. that just proves the point that you're trying to mock or discredit hamish but haven't got the remotest clue yourself. the rest of your post was waffle too.

Bear in mind this is a Prediction thread so the actual facts for 2010 are not all in yet!!!

So at this point in time all we can do is take a view on the future - something that the markets will also be trying to do. And my 'deluded' point was - will the emergency budget be severe enough to convince the markets that we can continue to service our debts?

Either way, my 'view' is that we are in for a tough time. Your view may well be different, and it would be interesting to hear your view of what 2010 could hold.

HAMISH_MCTAVISH

HAMISH_MCTAVISH wrote: »

1. Expect a significant change in the narrative from the tories starting in January, with the emphasis on job creation, softening the cuts, efficiency savings and elimination of unpopular programmes (ID cards, etc) rather than big culls of public sector, etc.

:rotfl:

One down, nine to go....

From Camerons speech today....

Speaking on the economy, he said he intended to cut public spending through a one-year freeze on public sector pay and to bring forward the planned increase in the state pension age
.
He also said he intended to support businesses through a cut in the main rate of corporation tax, the creation of 100,000 apprenticeships and a new high-speed rail network.

"Decline is not inevitable. Confidence can return.

http://www.telegraph.co.uk/news/newstopics/politics/conservative/6923755/David-Cameron-says-he-will-create-fairer-safer-green-country.html

And not an "austerity" in sight.....;)

nearlynew

But that was not "your" prediction Mctittish.

It has been talked about in the mainstream media for the last week or so.

You really are a very silly boy

System

Ah so anything anyone else has ever predicted doesn't count.

Hmm, nope, can't think of anything to predict then, damn.

nearlynew

My point is that the news from the mainstream media is just recycled press releases.
There is very little in the way of investigative journalism taking place. this is for various reasons, among them the cost and the vested interests of the media owners.

These days the best and most informative writing takes place away from the mainstream in what you could call blogs.

Granted, a lot of it is rubbish, but the good is very good and gives a far better picture of what is really going on in the world.
The huge variety of opinions provides a better opportunity to take into account all sides and come to your own conclusions, rather than just be spoonfed the same news and opinion from the same press releases.

Emy1501

HAMISH_MCTAVISH wrote: »

:rotfl:

One down, nine to go....

From Camerons speech today....

http://www.telegraph.co.uk/news/newstopics/politics/conservative/6923755/David-Cameron-says-he-will-create-fairer-safer-green-country.html

And not an "austerity" in sight.....;)

Come on Hamish you are not that stupid are you? Do you think Cameron will be honest now? Do you not remember 92 and the Sun's headline about tax rises and that was it for Labours chances. If Cameron needs to cut a million jobs after the elections he will just tell us all that the finances were way worse than first thought and it was all Labours fault. No point alienating the whole public sector now is there?

You are a bit daft if you believe everything these people tell you.