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Strompy

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Everything posted by Strompy

  1. A creative writing degree and a load of cods = Debbie. How can she be so blind? Has she seen even what a little of what she wants gives us?
  2. Heres me thinking -on advice from forum experts - that it was supposed to be the other way around. http://www.telegraph.co.uk/finance/finance...kle-crisis.html
  3. Britain has the lowest debt of all G7 nations, so how do they all manage?
  4. I got nothing, Kat. Am a glass half full kinda guy though. And I'll never believe in dodgy statistical conspiracies either. The government is doomed no matter what the economy does.
  5. Hmm. I read 0.2% in April and 0.1% in May. How is it wishful thinking? Are you suggesting that people just guess 0.1% growth?
  6. Yeah, the English love to dream that the grass is always greener. The only time I ever felt really afraid wandering around a city was when I got lost in Brussels, I had very a similar experience to the above. *shudders* Have lived in a few of those Australian cities listed - especially Perth - and really don't see what they're on about. Quality of health care, cultural experience, environment(Thames is very clean by Australian standards) and infrastructure (especially transport) London is superior, in my opinion. Australian cites are cleaner, less crowded and have more agreeable winters. And house prices are far from cheap in Australia. These surveys are stacked against big cites.
  7. If the economy grew 0.3% in April and May then it grew by 0.3%. Why do people have a problem with that? Surely no one here wants the recession to continue?
  8. lol Times like these that the bulls horns grow strongest.
  9. That's interesting. Britain has a globilised economy. Most of its most profitable companies(indeed, the world's most profitable) are foreign based- BP, Shell, Rio Tinto, BG, Anglo/American, etc,. And all that inward investment ... Britain's IIP, maybe this is the key?
  10. Why? One forum expert has predicted that the pound will plummet to 0.70USD. Yet it has risen 1.64USD. Why? Globilisation?
  11. To say that the 2012 Olympics are good for London is a no-brainer. Amazing that there are people that think otherwise.
  12. Not going to happen anytime soon as they're not going to review it for another 18 months or so. Then there's the fact that the other 3 rating agencies (Moody’s, Fitch, etc,.)kept their outlook at stable. Wouldn't be getting my hopes up if I were you guys.
  13. http://www.ft.com/cms/s/0/5901f960-538b-11...?nclick_check=1
  14. http://www.timesonline.co.uk/tol/comment/c...icle6308164.ece
  15. German economy shrinks at double the rate of the UK in first quarter. http://www.ft.com/cms/s/0/559213f8-411d-11...144feabdc0.html
  16. http://business.timesonline.co.uk/tol/busi...icle6269927.ece Worst of the recession may be over for Britain, says OECD Gráinne Gilmore, Economics Correspondent Hopes are mounting that the worst of the recession is over for Britain, after influential organisations and investors said that there were clear signs of economic recovery. The Organisation for Economic Co-operation and Development said yesterday there were indications that the country was experiencing a “pause in the economic slowdown”. The multibillionaire investor George Soros echoed the positive forecast, saying that a meltdown of the world’s financial system had been averted. Jean-Claude Trichet, the President of the European Central Bank, said that some countries had already moved beyond the worst of their recessions. Activity in the British housing market has also picked up. Estate agents said that there were more inquiries from new buyers last month than at any time in the past ten years, as they were tempted out by the low prices and good weather. The upbeat mood was also evident on the high street, where like-for-like sales jumped by 4.6 per cent in April. Related Links The optimism comes only a month after the British economy was revealed to have suffered a 1.9 per cent fall in GDP in the first three months of the year. Last month the OECD had revised dramatically its forecast for the British economy, predicting that GDP would fall by 3.7 per cent this year. In November it had been forecasting a 1.1 per cent drop. Yesterday, however, it revealed that its economic indicators for Britain had risen by 0.3 points, indicating recovery. Its report said that while there was still “deterioration in the business cycle”, it was at a decreasing rate. Chinese central bankers also indicated that their efforts to boost economic growth were working. Su Ning, deputy governor of China’s central bank, said that the economy was expected to “sustain rapid growth for some period in the future”.
  17. Model country. Like the Germans aren't up to their eyeballs in it. German banks have financed the housing boom in Eastern Europe, Spain, Ireland. Even Britain and the US. It's a certainty that more German banks will go bust than British during this financial upheaval.
  18. Hmm. Dunno. These flagship projects in the City, Canary Wharf, Southwark, etc,. are high end products. Nothing cheap and nasty about any of them. The Shard alone is going to cost a couple of billion pounds. Furthermore, the financing for these projects has only come through in recent times, with lots of the money coming from overseas investors. Seems there's still a lot of confidence in London as the financial capital. The City circa 2012:
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