zip106

More troubled times ahead, or just a blip?

BBC News - Economy and job worries hit stock markets and oil

On the up side, at least oil's getting cheaper.

scoobyboy

bet it doesn't drop at the pumps though

SunnySideUp

It's going to get better and better as the Election draws ever closer .... that's for sure!

Trout

iTrader: (1)

Shame I have just bought 2,500 litres of the stuff!

zip106

I only buy 1300 litres at a time and I'm due some very soon.
I'll eek this lot out until the price drops.

hodgy0_2

aha you two are big time charlies

i just scrimped with 1000 ltres -- I just tell the wife to put a jumper on

dpb

Why are we prostituting ourselves for another 50 billion if we are now out of recession !

TopBanana

Talking of oil, Iraq has signed some really massive delivery contracts which should keep the price down for at least the next 5 years.

zip106

Ah, that's ok then.
Just that the government will now say as fuels 'cheap' they'll have to impose another sort of green tax to it to suppress us using it.

Possibly.

Gear Head

iTrader: (2)

Hardly a massive in drop in the price of oil it? Especially when you look at the prices for the past year.

BBC NEWS | Business | Market Data | Commodities | Brent Crude Oil Future

And I don't remember when people were NOT worried about the economy and employment over the past 2 years. Do you? More scare tactics.

zip106

A drop's a drop as far as I'm concerned . Never said it was 'massive', did I?

Since October/November the stock market has risen beyond belief considering what's been happening.
My ISA's have made a great return in the last 6 months but what I'm saying is are we about to go off the cliff again?

Scare tactics? Where?

It's all in black and white for you.
Unless a pop-up-book would help

Gear Head

iTrader: (2)

I wasn't aiming that at you, but the story itself! Jes, chill Winston!
No need to throw your dummy out the pram sir.

EddScott

When people start talking about how much they've made on the stockmarket its time to get out.

Its true people invest at the wrong time and come out at the wrong time. Simple thing to do is look at how much each fund has grown, decide how much your prepared to lose from each fund as a % and if that funds passes that %, pull it out.

Make your choice as to when to move rather than trying to pick the market - because you know what happens when you pick bottoms.

speedking

Trouble is, when you've got out and got the cash in your hands, where do you put it? A bank account paying 0.1%.

hodgy0_2

if you can see a bandwagon -- then you are usually to late -- as they say

Leslie

What about afterwards though?

Les

EddScott

It might only be paying 0.1% but it won't be losing XXX% having been left on the markets.

You then phase the money back in once things start going up again. its still essentially gambling.

EddScott

It isn't getting any better. The bad news has slowed down which has taken the media spotlight off the government. Hence the Brown bashing has calmed down a bit.

The retraction of QE is basically like taking a sick person of breathing apparatus to see if they can breath on their own. The problem right now appears that QE has been stopped just at the point where the Eurozone is on the point of collapse. The worry that QE has been stopped too early compounded by the Euro-fail may mean the dip is just about to start again.

As someone on Citywire said "If you lay all the economists down head to toe you still won't reach a conclusion."

zip106

Ah, OK.
Apologies.

Leslie

Yes that is how I feel about it just by thinking about the borrowing, the national debt, and as you say the fact that they have stopped printing money. I was wondering if it was getting difficult to sell the bonds to enable QE to continue.

I wonder how long it is possible to continue with QE before it all starts to go wrong and we start to approach Zimbabwe's position with inflation hitting the roof.

Les

urban

iTrader: (1)

Based on the title of the thread(Double dip) I thought maybe the poster was about to start to write about getting ready for a threesome

Maybe its his birthday and say his girlfriend had promised him access to both (Again double dip)

alcazar

iTrader: (2)

How come if the Euro collapses, it's bad for the £, and if the Euro RISES it's bad for the £?
They used to say the same about the $..
About time we became part of one or the other!

Trout

iTrader: (1)

Les - hyperinflation is always a political problem never a monetary problem. And we are a long way from the perfect political storm no matter how crap Brown is.

They are also not printing money so inflationary pressures will be lessened.

Trout

Leslie

As long as youi have a big enough wheelbarrow!

We shall have to see how long they had hold out then Trout!

Les

jods

I reckon there is a second dip coming!

We've had a number of tele-conferences this week and the upshot is that we are losing 10,000 employees and 5 sites worldwide are shutting down. Two of which are in UK. Harlow and Tonbridge. Harsh times are a-coming

alcazar

iTrader: (2)

The thing is, lads, do we ACTUALLY believe that the growth figure WAS 0.1% for the last quarter? Or have Lying Labour massaged even more figures so we go out of recession before any election?

Petem95

We've not really had a recovery - we've just been boosted by bail-out money, which has just left the country (and others) even more crippled with debt. Now that the bail-out taps are off the crash will continue.

It's been like someone who's in massive debt and couldn't afford to keep up their lifestyle being given £50k. Now they've spent it all....

Bottom line is the economic model of most western countries is unsustainable. I don't really know what can be done about that.

Is Europe heading for a debt meltdown? | This is Money

Leslie

We really need to ditch federation with Europe. A free trade agreement and running our own country is our best chance.

Les

alcazar

iTrader: (2)

Nope.

What we need is a government with cojones, one that will look at any legislation and say, "Does that benefit OUR country? Does it benefit the citizens of OUR country?", and if the answer to NEITHER is yes, then ignore it.
Just like the French, Germans, Spanish, Dutch, Italians etc etc do.
But OUR spineless b@stards just inflict EVERTHING on us no matter what, then blame Europe.

Then we wonder why so many people hate Europe and want us out.