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the end is a bit nigher

We Don't Need A Recession

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some people think we need a recession with lots of job losses to kick off a crash - we don't - in fact a manufaturing recovery or increased company profitability will have roughly the same overall effect i.e. push up IRs

as such, i see the employment rate holding, or falling slightly, wage growth pretty stagnant just above inflation, but company profitability and spending up - after all that is what western governments have wanted to happen with the consumer led recovery i.e. consumers start and business follows

the above scenario would lead to IR rises - a lot like the 90s

Edited by the end is nigh

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some people think we need a recession with lots of job losses to kick off a crash - we don't - in fact a manufaturing recovery or increased company profitability will have roughly the same overall effect i.e. push up IRs

as such, i see the employment rate holding, or falling slightly, wage growth pretty stagnant just above inflation, but company profitability and spending up - after all that is what western governments have wanted to happen with the consumer led recovery i.e. consumers start and business follows

the above scenario would lead to IR rises - a lot like the 90s

What will cause a recovery in manufacturing and what on earth is going to creat a consumer led recovery?

Last I heard most 'consumers' had maxed out their credit cards and the high street was suffering as a result.

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What are the major objectives of macroeconomic policy?

The four major objectives are (i) full employment, (ii) price stability, (iii) a high, but sustainable,

rate of economic growth, and (iv) keeping the Balance of Payments in equilibrium.

http://www.tutor2u.net/economics/content/t...ment_policy.htm

In my opinion, macro-economics has failed!

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this would be pleasing.

as for a consumer recovery - well there might not be one.

the high street has been living off boom times for a few years.

if we go back to normal times this will weed out the unecessary spending.

like at gadget shops.

im all for an isolated house crash that would hurt mostly BTLrs..

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What will cause a recovery in manufacturing and what on earth is going to creat a consumer led recovery?

Last I heard most 'consumers' had maxed out their credit cards and the high street was suffering as a result.

Haven't you heard? They've re-mortgaged & recharged those CC's ready for another battle with the High St!!!!

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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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