Lender forbearance becoming “a sick joke”

Conrad

shortchanged wrote: »

Is this another of the green shoots predictions conrad?

As only a month or so ago you seemed to have given up and were stating that GDP growth doesn't matter, weren't you?

Well don't you consider rising private sector employment, and the fact it's now back to where it was in 2008, to be a potential green shoot indicator, or highest exports to rest of world since 1975 to be something of a trend sign? If not, why not?

As to growth, I'm torn. On the one hand I feel the British entitlment to never ending grwoth to be a little self obsessive and that endless growth might well be something society has to learn to live without, none the less, I still percieve very robust growth in the comming nyears that will confound many of you. I just don't think you guys see the whole picture. As I say it would be easy for me to go along with the doom bangwaggon, but I've never been one for sheepish group think waggons.

shortchanged_2

Conrad wrote: »

Well don't you consider rising private sector employment, and the fact it's now back to where it was in 2008, to be a potential green shoot indicator, or highest exports to rest of world since 1975 to be something of a trend sign? If not, why not?

As to growth, I'm torn. On the one hand I feel the British entitlment to never ending grwoth to be a little self obsessive and that endless growth might well be something society has to learn to live without, none the less, I still percieve very robust growth in the comming nyears that will confound many of you. I just don't think you guys see the whole picture. As I say it would be easy for me to go along with the doom bangwaggon, but I've never been one for sheepish group think waggons.

The thing is conrad figures can deceive. What types of employment are we talking about? Is the rise in employment due to a rise in part time work for example, which could mean we are not actually seeing a rise in the number of full time equivalent workers.

DervProf

Mr._Pricklepants wrote: »

I'm looking forward to the swift return of RenovationMan. I always found his posts to be balanced, informative, and witty.

Witty, or something that rhymes with ?

Thrugelmir

shortchanged wrote: »

The thing is conrad figures can deceive. What types of employment are we talking about? Is the rise in employment due to a rise in part time work for example, which could mean we are not actually seeing a rise in the number of full time equivalent workers.

There's no sign of productivity increasing. Making the employment figures even more difficult to fathom.

Conrad

shortchanged wrote: »

The thing is conrad figures can deceive. What types of employment are we talking about? Is the rise in employment due to a rise in part time work for example, which could mean we are not actually seeing a rise in the number of full time equivalent workers.

Your'e right to point out figures can be misleading and cloudy, but taken with other trends perhaps we can get a sense of where the ship is heading.

IMO there are signs the tanker is turning.

To dismiss these tredns and signs is simply to fact filter in order to fit a pre - existing world view.

There is evidence for both tough times ahead, but there is also evidence of a turn around.

None of us can say for sure, but the all pervaiding 'we're on a one way ticket to years of bumping along the bottom, or worse, is at the very least somewhat hazy thinking and ignoring history which time and again tells us both the boom and the crash trun around and catch people off guard. Humanity is not a desk top experiment with predictable results.

shortchanged_2

Conrad wrote: »

Your'e right to point out figures can be misleading and cloudy, but taken with other trends perhaps we can get a sense of where the ship is heading.

IMO there are signs the tanker is turning.

To dismiss these tredns and signs is simply to fact filter in order to fit a pre - existing world view.

There is evidence for both tough times ahead, but there is also evidence of a turn around.

None of us can say for sure, but the all pervaiding 'we're on a one way ticket to years of bumping along the bottom, or worse, is at the very least somewhat hazy thinking and ignoring history which time and again tells us both the boom and the crash trun around and catch people off guard. Humanity is not a desk top experiment with predictable results.

Conrad, I don't doubt that things will eventually turn around, as you stated there are always boom and bust cycles.

The difference I see now is that I do genuinely think we are some way off the good times.

We have had interest rates at rock bottom for years and still no growth, we have had QE and still no growth. Europe grumbles on with no sign of a permenant solution just sticking plaster economics.
And stubbornly high inflation that just erodes peoples spending power. So unless we see significant wage growth soon (which isn't really happening) many people continue to be squeezed. Utilities going up, petrol prices on the march again, food prices set to rise again.

I don't know conrad but I am not convinced by your optimism at the present time.

Eellogofusciouhipoppokunu

Mr._Pricklepants wrote: »

Trying to get me PPR'd?

It's on here http://www.imdb.com/character/ch0002284/quotes

Halfway through the page and the quote starts with "I've been trying to figure something in my head..."

And it was quite fitting as a reply to HSW.

Was it this one?:

David Mills: I've been trying to figure something in my head, and maybe you can help me out, yeah? When a person is insane, as you clearly are, do you know that you're insane? Maybe you're just sitting around, reading "Guns and Ammo", masturbating in your own feces, do you just stop and go, "Wow! It is amazing how f******* crazy I really am!"? Yeah. Do you guys do that?

(C) 1995 New Line Cinema.

Seven (sometimes stylized as Se7en) is a 1995 American thriller film, with horror and neo-noir elements, written by Andrew Kevin Walker, directed by David Fincher, and distributed by New Line Cinema. It stars Brad Pitt and Morgan Freeman, with Gwyneth Paltrow, R. Lee Ermey and Kevin Spacey in supporting roles.

The newly-transferred David Mills (Pitt) and the soon-to-retire William Somerset (Freeman) are homicide detectives who become deeply involved in the case of a sadistic serial killer. Each meticulously-planned murder corresponds to one of the seven deadly sins: gluttony, greed, sloth, wrath, pride, lust, and envy.

The film was released in the United States on September 22, 1995. Grossing $327 million at the box office internationally, Seven was a commercial success, and received very positive reviews from most critics.

Graham_Devon

Conrad wrote: »

There is evidence for both tough times ahead, but there is also evidence of a turn around.

Theres always evidence of a turn around.

Hence why it was said in 2010, 2011 etc. But what we actually got was a double dip recession.