We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Many people coming round to double dip.
RDB
Posts: 872 Forumite
The first page of todays new moneyweek says "Times are getting harder for us at MW: so many people seem to be coming round to our way of thinking double dip etc that we barely consider ourselves contrarian anymore".
I like to think of myself as contrarian because when everyone is thinking the same thing not many people are thinking much.
If most people seem to be coming round to the fact that the crisis has just been made worse by kicking the can down the road, then maybe those who have been saying this are not contrarian any more also.
Are those who think the recovery is real and the crisis is over now the contrarians?
I like to think of myself as contrarian because when everyone is thinking the same thing not many people are thinking much.
If most people seem to be coming round to the fact that the crisis has just been made worse by kicking the can down the road, then maybe those who have been saying this are not contrarian any more also.
Are those who think the recovery is real and the crisis is over now the contrarians?
0
Comments
-
Moneyweek, enough said.0
-
double dip? we're still in the middle of the first oneMartin has asked me to tell you I'm about to cut the cheese, pull my finger.0
-
Didn't Moneyweek announce that house prices wouldn't fall in April 2007? What a bunch of jokers0
-
A drop back into recession is very unlikely, history tells us that if nothing else.
Growth rates are highly likely to fall back as the one off boost from adding to inventories subsides. You can probably knock off a bit more as austerity starts to bite. The most likely thing is going to be somewhere between a year and a decade or more of sub-par growth (less than 2%). That's going to feel a lot like a recession but isn't.0 -
-
dave4545454 wrote: »double dip? we're still in the middle of the first one
Still loads that don't realise there is a recession, or has been.I came in to this world with nothing and I've still got most of it left. :rolleyes:0 -
A drop back into recession is very unlikely, history tells us that if nothing else.
Growth rates are highly likely to fall back as the one off boost from adding to inventories subsides. You can probably knock off a bit more as austerity starts to bite. The most likely thing is going to be somewhere between a year and a decade or more of sub-par growth (less than 2%). That's going to feel a lot like a recession but isn't.
The pips will squeak.0 -
I got to the seventh word and lost interest. No doubt 'many people' means MS-W and friends.0
-
Why just a double dip? If we have a double dip, we may easily see a triple dip....or whatever!
If we head into a double dip (IMHO it will be a close call, but, I'm still just siding on it happening), there is a strong possibility of a triple dip.
If we do go into a double dip, or are very likely to do so, interest rates cannot be lowered much further, so we will probably see more QE (smoke & mirrors).
Withdraw that again and, unless there are any real reasons for sustained organic growth, we will likely see another dip.
The booms & busts will no doubt continue.There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
I came in to this world with nothing and I've still got most of it left. :rolleyes:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards