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Double dip news
Comments
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I think there'll be a double dip as I said yesterday in another thread, and the chances are higher than 25%. On the numbers I'm looking at the US is weakening and it's been the best forward indicator throughout this recession. Europe has been holding up, Far East has been strengthening.
Doesn't mean 50% drops by Christmas though, or any of the usual apocalyptic twaddle. It'll be a shallow dip by the looks of things, and the main consequence is likely to be a decreased chance of interest rate rises.0 -
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Graham_Devon wrote: »Any idea what the interest rate on a loan, to buy bread would be?
All that culture is rubbing off on Graham.
He's now doing drama it would seem.0 -
JonnyBravo wrote: »All that culture is rubbing off on Graham.
He's now doing drama it would seem.
Someone noticed! :grinheart0 -
. The IT job market collapsed after that event, combined with the bursting of the dotcom bubble - and it never recovered.
The Dotcom bubble was a myth. It only ever existed in the minds of investors who chased technology stocks ever higher.
At its peak Lastminute.com had a market capitalisation of £530 million. Yet its annual turnover was £3 million and had never made a profit.
The IT market changed as more people became educated with the skills. If you had been around in the days of the first PC's, novell networks or microsoft exchange systems you could have commanded a huge salary even by today's standards.0 -
that doesn't make sense - there are companies now with similar ratios.Thrugelmir wrote: »The Dotcom bubble was a myth. It only ever existed in the minds of investors who chased technology stocks ever higher.
At its peak Lastminute.com had a market capitalisation of £530 million. Yet its annual turnover was £3 million and had never made a profit.
they are not in any bubble.0 -
Here's a bit on US jobs.
http://www.bbc.co.uk/news/business-10890989
But no worries about a double dip...
"I am not worried about a double dip," said White House economic adviser Christine Romer in an interview on MSNBC TV network, echoing comments made by President Obama on Thursday.
I don't know if that means they don't think there will be one, or they are just not worried if there is one. I'm not worried either. Unless I lose my job of course.0 -
what did you have for tea Exo - did your wife make you anything nice?0
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i went on the double dipper at alton towers once. it really was fun, i had a wail of a time. im not sure about the 1 weve got coming up though0
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