Sunday, Jul 02, 2017

Uk recession

Torygraph: Hedge funds bet 3bn against retails biggest names

somebody on this site said in response to my view that housing will never be allowed to go down, that only when the last bear has capitulated is when things are going to turn. it would seem that with the collapse in the savings rate, the real squeeze on disposable real incomes, that the uk is possibly going to go into a recession and it would also seem that people are betting big that this is the case.

Posted by stillthinking @ 02:13 AM (4043 views) Add Comment

2 Comments

1. icarus said...

'Possibly going into a recession' - have we got out of the last one yet? From the article - 'Official figures have also revealed that the UK is experiencing the longest period of falling disposable household income since the 1970s.'

'"Retailers’ operating profits now scarcely cover their rents, rates and services bills,” he said.' In a free market what should happen to rents in such a situation?

Sunday, July 2, 2017 09:21AM Report Comment
 

2. cyril said...

I think this article is more about the end of bricks and mortar retailers and the shift to online as opposed to recession in general. So it's another story about robots taking over the world and what are we all going to do? (and money being concentrated in fewer hands)

Sunday, July 2, 2017 10:16AM Report Comment
 

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