UK seeing "Right Kind of Growth"

mayonnaise

chucky wrote: »

I always wonder why good news threads are less popular than the bad news threads to the likes of shortchanged, Devon, Brit and the usual suspects...

May be they enjoy all the negativity.

Probably still hoping to bag a property (or staircase in a shared ownership) on the cheap.
You have to admire their never say die attitude though.

grizzly1911

Then just every so often it rains on your parade for 6 weeks or so.

Every cloud and all that.

Nipping through Alderley Edge, at School throwing out time, certainly shows many people haven't even noticed the last 6 years.

All relative.

Generali

So it's becoming a normal economic recovery: consumers start to consume and so businesses invest to sell to them.

It's the trouble with always wanting to see the glass half empty: you're wrong most of the time.

wotsthat

Generali wrote: »

It's the trouble with always wanting to see the glass half empty: you're wrong most of the time.

It always amazes me that despite millennia upon millennia of human progress people make financial decisions based on the premise that just now is going to be the year it starts going the other way.

Then again I did manage to find the top of a 5000 year gold bull market so what do I know?

Generali

wotsthat wrote: »

It always amazes me that despite millennia upon millennia of human progress people make financial decisions based on the premise that just now is going to be the year it starts going the other way.

Then again I did manage to find the top of a 5000 year gold bull market so what do I know?

I never try to pick the top of anything.

There's an old saying, "leave something on the table for the next guy".

If you managed to pick it then well done you. Or lucky you of course.

ETA: I hope that doesn't come across as critical in any way as that's not the point.

PaulF81

HAMISH_MCTAVISH wrote: »

http://www.bbc.co.uk/news/business-26128700

Hang on Hamish, I remember you being dead set against the austerity measures. So which one is it? Support for the governments economic policy or scorn?

wotsthat

Generali wrote: »

I never try to pick the top of anything.

There's an old saying, "leave something on the table for the next guy".

If you managed to pick it then well done you. Or lucky you of course.

ETA: I hope that doesn't come across as critical in any way as that's not the point.

LOL, I wish. I didn't sell at the top of a 5000 year bull market - I bought!

Never mind leaving something on the table - the guy before me took the table, tablecloth and cutlery too.

Thrugelmir

Generali wrote: »

So it's becoming a normal economic recovery: consumers start to consume and so businesses invest to sell to them.

Business investment remains low. The UK is highly reliant on the service sector at around 70%. So any rebalancing of the economy has a very long way to go.

CLAPTON

Thrugelmir wrote: »

Business investment remains low. The UK is highly reliant on the service sector at around 70%. So any rebalancing of the economy has a very long way to go.

what exactly is wrong with a strong service sector?

what exactly is a 'balanced' economy?

Thrugelmir

CLAPTON wrote: »

what exactly is wrong with a strong service sector?

what exactly is a 'balanced' economy?

Low value output. Low skilled work force. Loss of skill base in many industries as they die out.

Mixture of industry and commerce sectors. Bringing manufacturing industry back from China and the Far East for example.