Debate House Prices
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Stagflation: Batten Down The Hatches ... here it comes (allegedly)
Comments
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Times said the 2/3rds of Britons thought we were going to have a recession.Happy chappy0
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tomstickland wrote: »Times said the 2/3rds of Britons thought we were going to have a recession.
I read that article and thought perhaps the masses were more clued up than previously thought. But I wonder if their prediction was based more on the reducing size of the queues at Starbucks rather than any economical insight.0 -
That'd be the 2/3 who are on "average wage" or lower presumably...tomstickland wrote: »Times said the 2/3rds of Britons thought we were going to have a recession.
Regardless of the technical definition of recession, it generally "hits the fan" when your own "GDP" is lower than it was last year.
[edit] lol, PaulN - don't underestimate the "intuition" of monitoring posh-coffee queues...0 -
Less commuters does not mean less money for my company, I work for Network Rail and we sell train paths which are paid for regardless of how many people are on the trains.
The Railway will never go bust so its about as close to reccession proof as you can get.
Sadly not 'government proof' though. Who knows stupidity they have planned.0 -
[edit] lol, PaulN - don't underestimate the "intuition" of monitoring posh-coffee queues...
Mr Dow Jones got started by counting smoking factory chimneys versus the ones that weren't.
The first life insurance companies were set up by checking grave stones - only rich people could afford insurance and engraving on stones.
Lang May Yer Lumb Reek.
John0
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