Any1 wonder when economy recover?

Linton

Thrugelmir wrote: »

and more people are employed in the UK in the retail sector than manufacturing.

yes because modern manufacturing doesnt need a vast army of people; it needs brains and investment.

pqrdef

CLAPTON wrote: »

britain is the sixth largest (by value) manufacturing country in the world

Down from 1st. But which way are we going? Are we expecting to overtake countries above us, or to be overtaken by countries below us?

And to what extent are we holding that position by artificial currency manipulations? We can sell more by selling cheaper, but then standards of living suffer anyway.

movilogo

No one can tell that. Even though some so called expert claim they can do, in reality they can't. Modern economy is very complex and there are so many parameters that anything can happen anytime.

So don't expect any answer (even if you get some what's the guarantee that is correct)?

Just be prepared for the worse.

Wookster

Anyone who tells you there is a quick fix for the UK with the problems around

- levels of debt we have
- proportion of the population who have never worked
- shortage of housing crisis

Is being economic with the truth.

The UK is in for a long hard painful slog and the sooner these problems are addressed, the sooner we will start to see normality return.

HAMISH_MCTAVISH

pqrdef wrote: »

And to what extent are we holding that position by artificial currency manipulations? .

To a significantly smaller extent than China has developed their manufacturing base through massive currency manipulation for the last few decades.

Thrugelmir

HAMISH_MCTAVISH wrote: »

To a significantly smaller extent than China has developed their manufacturing base through massive currency manipulation for the last few decades.

While the USA devalues the $.............

Japan devalues the Yen.....

UK devalues the £.........

to remain competitive .

CLAPTON

pqrdef wrote: »

Down from 1st. But which way are we going? Are we expecting to overtake countries above us, or to be overtaken by countries below us?

And to what extent are we holding that position by artificial currency manipulations? We can sell more by selling cheaper, but then standards of living suffer anyway.

it doesn't seem unreasonable to expect large countries to produce more than smaller countries.
more realisitic to consider per capita production.


I'm not sure what articial currency manipulation means in the context of china, japan etc but there will be an 'optimum' exchange rate that maximises wealth (too high and can't sell enough, too low and one doesn't make sufficient profit per item)

Conrad

Your'e all over cooking the gloom, things will recover faster than any of the pundits expect. Please hold me to these words.

By 2013 we will be on a distinctive and robust growth curve and real estate prices will put on surpisingly good growth in 2012. Again hold me to these words.



I read lots of books on comming growth areas and I'm afraid as ever the economists are clumisly extrapolating from a current scene using linear methodology.


Britain is a secure and brightening beacon, and note all the economy rebalancing going on which is setting seed as I type.
Debt in itself is not too much of a drag when the economy begins to motor as it will for us.

You need to see the bigger picture with nations such as Morocco in rapid growth, all of whom we can supply. There's more to this world than Greece and Italy.

Next summer you will be aware of the upwards trajectory.


Awaits smilies from the neg heads who rely on old fashioned economics clunkery.

Conrad

Wookster wrote: »

The UK is in for a long hard painful slog

Wrong. We are on the up, it will not be a slog. With one caveat, if the Euro collapses, but even then it will only be a modest blip as investors would be even more likely to go for a flight to the save British shores.

Going4TheDream

Conrad wrote: »

Your'e all over cooking the gloom, things will recover faster than any of the pundits expect. Please hold me to these words.

By 2013 we will be on a distinctive and robust growth curve and real estate prices will put on surpisingly good growth in 2012. Again hold me to these words.



I read lots of books on comming growth areas and I'm afraid as ever the economists are clumisly extrapolating from a current scene using linear methodology.


Britain is a secure and brightening beacon, and note all the economy rebalancing going on which is setting seed as I type.
Debt in itself is not too much of a drag when the economy begins to motor as it will for us.

You need to see the bigger picture with nations such as Morocco in rapid growth, all of whom we can supply. There's more to this world than Greece and Italy.

Next summer you will be aware of the upwards trajectory.


Awaits smilies from the neg heads who rely on old fashioned economics clunkery.

All sounds very positive, could you go into a bit more detail as that was all a little teasing...lots of tit bits but no real details?

How do you envisage this all happening as at the moment it looks like a lot of pooh out there?