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UKguy1979

For The Wheels To Totally Come Off Unemployment Needs To Go Up!

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I couldn't believe what I read on the bbc website, unemployment dropped 35,000 for the 4th consecutive month. The British public spent their way out of the last recession. But this time all the capital is gone and people are repaying their debts. Surely this will soon have a knock on effect to the retail economy? the governments books.

This country and government need a kick up the ass with all wasters living on benefits. The solution? Stop their benefits then they would have to get a job or starve.

If unemployment went up the rate at which house prices come down would increase.

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At this stage in the proceedings, a rise in UK unemployment would certainly lead to recession, with depression most likely following on. Due to the heavily massaged UK employment stats, it is difficult to tell when unemployment increases or decreases.

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have you been out to the shops lately? even so called higher quality shops are flogging off the cheapest tat they can get their hands on.

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The unemployment figures are already rocketing, have been for years. The mistake you're making is looking at the wrong list.

Unemployment = BENEFITS CLAIMANTS(INCAPACITY)+GOVERNMENT TRAINING SCHEME

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The unemployment figures are already rocketing, have been for years. The mistake you're making is looking at the wrong list.

Unemployment = BENEFITS CLAIMANTS(INCAPACITY)+GOVERNMENT TRAINING SCHEME

Unemployment = BENEFITS CLAIMANTS(INCAPACITY)+GOVERNMENT TRAINING SCHEME +

At least 50% of people working in the public sector ( this does not include public sector workers with real jobs doctors, nurses etc )

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The unemployment figures are already rocketing, have been for years. The mistake you're making is looking at the wrong list.

Unemployment = BENEFITS CLAIMANTS(INCAPACITY)+GOVERNMENT TRAINING SCHEME

Not correct. Those on Incapacity benefit are not 'unemployed' as such but are classed as economically inactive. The figure usually quoted is for those who are 'unemployed and on job-seekers allowance'.

I agree there are more unemployed than this figure bcause many people are unemployed but get no means-tested benefit because they have a work pension income, have more than £16k in savings, partner earns a lot, etc.

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I am not so sure unemloyment isn't going up - at least in the area of well paid jobs.

I have come across evidence of several companies laying off quite large numbers off in sectors from engineering, property consultancy and of course investment banking. At the moment it seems to be the trend to shed 10-15%, usually through voluntary redundancy with packages being offered, though in other cases firms are weeding out the poorest performers through a rank and shake process.

Edited by mikelivingstone

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I couldn't believe what I read on the bbc website, unemployment dropped 35,000 for the 4th consecutive month. The British public spent their way out of the last recession. But this time all the capital is gone and people are repaying their debts. Surely this will soon have a knock on effect to the retail economy? the governments books.

This country and government need a kick up the ass with all wasters living on benefits. The solution? Stop their benefits then they would have to get a job or starve.

If unemployment went up the rate at which house prices come down would increase.

To be honest - I think all economic figures are completely fudged anyway.

Unemployment (as with inflation) figures seem to underestimate the true situation. I get the impression that most people these days don't bother going on the dole...."incapacity" benefit is a far more lucrative pastime.

Additionally, the US housing market crashed without a significant increase in unemployment.

Unemployment is a sympton of HPC, and not a cause of it.

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To be honest - I think all economic figures are completely fudged anyway.

Unemployment (as with inflation) figures seem to underestimate the true situation. I get the impression that most people these days don't bother going on the dole...."incapacity" benefit is a far more lucrative pastime.

Additionally, the US housing market crashed without a significant increase in unemployment.

Unemployment is a sympton of HPC, and not a cause of it.

Good post.

:ph34r:

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This country and government need a kick up the ass with all wasters living on benefits. The solution? Stop their benefits then they would have to get a job or starve.

If unemployment went up the rate at which house prices come down would increase.

So, by your logic, we need people starving on the streets so you can have cheaper houses? Nice.

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Hold some blame for the chav's but remember that's just a distraction put forward by the UK's VI's to misdirect our anger. The government and other VI's are the ones who should be blamed for getting us into the mess we are in, and for creating a client dependent state. Their policies are numerous : importation of cheap labour, no incentive to work vs benefits, outsourcing of manufacturing for which the unskilled are most suited, destruction of apprenticeships, increased benefits rather than targeted tax decreases (awol 10% tax band!!), etc.

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This country and government need a kick up the ass with all wasters living on benefits. The solution? Stop their benefits then they would have to get a job or starve.

After many decades of obsessive centralisation of any meaningful economic activity, the plain fact is that there is no work worthy of the name, outside the former imperial centre, certainly not enough to justify the current population distribution.

Most of it's half-Rsed government make-work.

Are you expecting them to live on leaves and ditchwater? Or flee en masse to Amsterdam or somewhere? Can't see the cloggies putting up with that.

Things would get pretty damn' crowded and unpleasant in the SE, I reckon. Might have to pack them into all those newbuild BTLs. At least that'd make rents worth the candle.

Really, keeping them far, far away, where they can't sniff the slap-up dinners on the tables of the rich, on a modern version of outdoor relief, the Speenhamland System with extra lager, is by far the cheapest, safest option. Practically self-policing, and if not, well who cares?

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will take 12 months for the unemployment figure to creep up

a lot of people will be moving onto their lenders SVR later this year and next year giving them very little disposable income which will effect the economy

if nothing else, about 10k estate agents will be loosing their jobs if things dont pick up (calculated from CML statistics)

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There were 31 more unemployed in Oldham this last month.

But yeah, unemployment, new HB rules were tenants get the money and decide if they want to pay the landlord plus them not giving them anywhere near the full amount of rent anyway.

Round here they'll get a lot less than the 600 a month the landlord wants.

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Hold some blame for the chav's but remember that's just a distraction put forward by the UK's VI's to misdirect our anger. The government and other VI's are the ones who should be blamed for getting us into the mess we are in, and for creating a client dependent state. Their policies are numerous : importation of cheap labour, no incentive to work vs benefits, outsourcing of manufacturing for which the unskilled are most suited, destruction of apprenticeships, increased benefits rather than targeted tax decreases (awol 10% tax band!!), etc.

Have to agree with this 100%.

Spending each year billions on so called chav families and their dependant life styles (not that i condone it) will be as nothing compared to the hundreds of billions the Bank of England & Government will be spending on our behalf bailing out the Banks , Investment Banks & Hedgies over the next few years :(

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You will have to wait for the buffer zone of migrants returning home to see any increase in unemployment figures.

Lots of new jobs will go and so will the Poles etc, this will not show as unemployment ; watch for the new employment figures falling first IMHO

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To be honest - I think all economic figures are completely fudged anyway.

Unemployment (as with inflation) figures seem to underestimate the true situation. I get the impression that most people these days don't bother going on the dole...."incapacity" benefit is a far more lucrative pastime.

Additionally, the US housing market crashed without a significant increase in unemployment.

Unemployment is a sympton of HPC, and not a cause of it.

Let' not forget: US got appx. 15 000 000 illegal immigrants - they must been working somewhere.... <_<

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You will have to wait for the buffer zone of migrants returning home to see any increase in unemployment figures.

Lots of new jobs will go and so will the Poles etc, this will not show as unemployment ; watch for the new employment figures falling first IMHO

If the migrant workers left in my area, this would leave a lot of btl's in trouble. There are lots of houses that been converted into high density accomodation (single rooms) for groups of workers.

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So, by your logic, we need people starving on the streets so you can have cheaper houses? Nice.

OP must win the prize for the most unpleasant post I've seen yet on this site.

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Guest mSparks

Actually, iirc the US housing crash was caused by unemployment breaching the barrier (5%?) at which the sub-prime model of lending broke down and those financial instruments turned from profit making into loss making.

In the UK its slightly different, the fuel for the engine of our economy is largly driven by US corps registering here to escape Sarbanes Oxley, running out of fuel will have the same effect as the wheels falling off - you stop.

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Actually, iirc the US housing crash was caused by unemployment breaching the barrier (5%?) at which the sub-prime model of lending broke down and those financial instruments turned from profit making into loss making.

In the UK its slightly different, the fuel for the engine of our economy is largly driven by US corps registering here to escape Sarbanes Oxley, running out of fuel will have the same effect as the wheels falling off - you stop.

Sorry, you are wrong.

http://www.economagic.com/em-cgi/data.exe/feddal/ru

US Unemployment remains quite low, and was low when the US housing market began to turn in mid / late 2006.

As for American companies registering here being the main driver of our economy.....again, you are wrong. US companies cannot simpy re-register as and when they like it to a foreign country.

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Most "employed" people spend all their wages on maintaining their debt and paying their mortgage, they rely on a credit line to keep them solvent, this line has been cut, and will soon disappear. When interest rates start rising and banks start getting nasty about the way you maintain your debt, and peo[ple find themselves on mortgage payments they just didn`t consider when they jumped at the chance of a loan all the wheels will come off and the train will leave the tracks. We are at warp speed ten and we are not turning back. The announcements about falling unemployment are slotted in before a report about the economy or housing just to try and stop people panicking all at the same time. The thicker sheeple will take longer to absorb what is happening and will be soothed by the bird in the tight blouse telling them that things are under control. This will just buy the authorities a couple of months before everyone takes their belt to the last notch and tries to sell their house all at the same time as millions of other sheeple.There will be frantic plans being made right now for bailouts, debt amnesty, riot control, fastracking benefits to ex bankers and EA`s,re-opening the coalmines, building council houses etc.

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  • 296 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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