shonky portfolio composition I'd say...
It makes you wonder why the last US administration, even though it had access to probably more Harvard trained economists than any other government in the world, was unable to predict the credit crunch and was forced to take such spectacular panic measures in response.
That's quite a prediction - I had no idea that economics was, despite Karl Marx's assertions, so predictable. It makes you wonder why the last US administration, even though it had access to probably more Harvard trained economists than any other government in the world, was unable to predict the credit crunch and was forced to take such spectacular panic measures in response.
I try not to read too much into the tone of posts on the interweb because it's easy to misread, but I think your post was basically saying "if the experts can't predict it, why do you think you can?".
Nothing is certain, my prediction (like everyone elses) is pure speculation. That's how the markets move. I wasn't trying to assert fact, that's impossible.
USD and EUR losing value, JPY and Swiss intervention, FTSE 100 losing value.....isn't (in MY opinion) the signal the start of another recession in the UK.
It's certainly an indication that there may be trouble ahead, but I've watched pretty much every market on earth lose value a number of times, and it doesn't always mean that a recession is looming in the UK.
I'd say there's about a 50% chance i'm right 
Never been out of recession just been avoided.
Interesting one will be what country goes Bankrupt first.
As no one has anymore money to give out and support others
and hopefully be the end of the Euro dream.
never been out of recession in rochdale.
and hopefully be the end of the Euro dream in its current form.
I try not to read too much into the tone of posts on the interweb because it's easy to misread, but I think your post was basically saying "if the experts can't predict it, why do you think you can?".
Whoa! That's much too reasoned a response on this or any other forum.
I salute you, sir.
In fact, I think this may be the beginning of an internet forum crash.
Black Saturday, I will never forget this day.
ha ha, i'm just back from a 2 day ban FeeFoo, i'm trying to be a model citizen for a while 
never been out of recession in rochdale.
You're not kidding!! This town is dying on its backside...
Erm, anyone visited Rotherham lately? 5x pound shops, 3x amusement arcades, 6x betting shops, 10x charity shops, 2x Jack Fulton's (THE cheapest supermarket in the UK!), 3x Greggs and the highest ratio of empty shop units I've EVER seen. And that's supposed to be the Central Business District (O-level geography coming back!). The 80's recessions and miner's strike never went away from the place!
Same here Deveron, (apart from the mining bit obviously) 1 in 3 of the town centre shops are empty, the rest are poundstores, charity shops and strangely enough mobile phone outlets. Lots of cheap 'chavwear' clothing outlets as well which is fine if you want cheap denim jeans etc but there's really nothing worth coming into the town centre for if you are looking at shopping.
In contrast, Bury which is only 6 miles away and is the same sort of town demographically speaking is booming. A world famous market, new shopping centre and new links into the town are all helping to keep Bury on an upward curve whilst its near neighbour is rotting from the continued inaction of successive councils. 
Yep, Rotherham town council shafted the town when they disallowed the ParkGate developer from expanding his only-just-out-of-town development. Result: he approached Sheffield City Council and they approved what is now MEADOWHALL. The gravitational forces now pull Rotherham's customers in 2 different directions whilst the distance of Meadowhall from Sheffield centre keeps the CBD in that city intact.
Although Jack Fulton's and Gregg's are 2 of my favourite retailers!
my favourite currency pairs:
EUR/MAD
EUR/ARS
I'm heavily into EUR at the moment, so the exchange rate is good for me
(awaiting payment of final two invoices from Munich)
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