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Realistbear

More Job Loss Pain In Wales

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http://news.bbc.co.uk/1/hi/wales/south_west/4817392.stm

250 jobs to go at car audio plant

A car speaker company is planning to shut its factory at Port Talbot with the loss of 250 jobs.
Staff at the Panasonic Electronic Devices were told on Friday that increasing competition and price pressure had led to significant losses.
Work is expected to move abroad.

HPI making life too unaffordable?

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Nope.. but unless we start earning less we can't afford to compete..

Hmnnn..

Everything is getting cheaper but for... but for... hmmnnn.. but...

I am thinking..

something has gone up..

Wage push inflation would sink us

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Nope.. but unless we start earning less we can't afford to compete..

Hmnnn..

Everything is getting cheaper but for... but for... hmmnnn.. but...

I am thinking..

something has gone up..

Wage push inflation would sink us

As profits decline due to cheaper (imported) goods there is less to buy bloated assetts. HPI contains within itself the seeds of its own destruction. In other words, the economy runs in cycles and that which caused the boom must ultimately cause the bust or there would be perpetual motion in the economy (economic perpetual motion = Gordon's "Miracle Econlomy").

All things die. Unless the flower dies and its seed falls into the ground there would be no new birth.

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All things die. Unless the flower dies and its seed falls into the ground there would be no new birth.

Don't start going poetic on us!

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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