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UK economy forecast to return to pre-recession peak by summer

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is it the right kind of growth? i.e. sustainable.

    Little sign of a rebalanced economy yet.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Is it the right kind of growth? i.e. sustainable.

    Little sign of a rebalanced economy yet.
    Some people can never just be happy...
    chucky wrote: »
    Yeah but unemployment is still too high
    Yeah but inflation is still too high
    Yeah but house prices are too high
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    chucky wrote: »
    Some people can never just be happy...

    It's a well known phenomenon. Recovery deniers are usually people who made bad personal finance decisions in their own lives.
    As long as the economy is in a slump, they have an excuse "it's not my fault, it's the economy.".
    When the economy rebounds they struggle to accept the causes for their misfortune lie much closer to home...
    Don't blame me, I voted Remain.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mayonnaise wrote: »
    It's a well known phenomenon. Recovery deniers are usually people who made bad personal finance decisions in their own lives.
    As long as the economy is in a slump, they have an excuse "it's not my fault, it's the economy.".
    When the economy rebounds they struggle to accept the causes for their misfortune lie much closer to home...
    You may be right, I believe that the Thrugmeister purchased his property at the property price peak in 2007. I'll let him confirm that.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    mayonnaise wrote: »
    It's a well known phenomenon. Recovery deniers are usually people who made bad personal finance decisions in their own lives.
    As long as the economy is in a slump, they have an excuse "it's not my fault, it's the economy.".
    When the economy rebounds they struggle to accept the causes for their misfortune lie much closer to home...

    I wouldn't bother continuing with your weekly clairavoyent sessions as appear to be making you hopelessly out of touch with reality on the ground. ;)

    Sounds as if you need some more sessions to tackle your insecurities.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Thrugelmir wrote: »
    I wouldn't bother continuing with your weekly clairavoyent sessions as appear to be making you hopelessly out of touch with reality on the ground. ;)

    Sounds as if you need some more sessions to tackle your insecurities.

    Was watching BBC yesterday, George Alagayah (spelling?) reporting on the surge in exports from Liverpool docks, massive roll-on roll-off cargos being filled with Land Rovers built in the Midlands destined for the US market.
    Container parks brimming with UK produced goods waiting to be loaded. Don't quote me on the number but I believe traffic through this one port only is up 30% YoY.
    Went on about a new development on the Manchester Airport, Airport City a new business hub.
    http://www.airportcity.co.uk/

    So you can go on trying to ridicule me with your clairavoyent (sic) comments as long as you please, I can see what's happening in the real world. :)
    Don't blame me, I voted Remain.
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