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Maria
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 Posted: Tue Jul 15, 2008 2:12 pm Post subject: Parallel Economy? |
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What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it. |
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Mel Rowing
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| Posted: Tue Jul 15, 2008 3:51 pm Post subject: Re: Parallel Economy? |
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On Jul 15, 3:12 pm, Maria <i...@tajarts.co.uk> wrote:
| Quote: |
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
|
The half price sales provide the clue. Firms are de-stocking and it
will be a time before they re-stock to former levels.
The credit crunch will be slow to take hold perhaps a couple of years
for some. As more and more fixed rate term mortgages expire only then
will people feel it in their pockets. When they do they will cut their
spending particularly as this feeds back into employment.
What you are witnessing is the last chance to make hay whilst the sun
shines. Stop shining it will. |
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Dirk Bruere at NeoPax
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| Posted: Tue Jul 15, 2008 7:25 pm Post subject: Re: Parallel Economy? |
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Maria wrote:
| Quote: |
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
|
Simple.
A lot of people own their own house outright.
Interest rate hikes mean nothing to them.
--
Dirk
http://www.transcendence.me.uk/ - Transcendence UK
Remote Viewing classes in London |
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Iapetus
Guest
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| Posted: Tue Jul 15, 2008 8:10 pm Post subject: Re: Parallel Economy? |
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Dirk Bruere at NeoPax wrote:
| Quote: |
Maria wrote:
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
Simple.
A lot of people own their own house outright.
Interest rate hikes mean nothing to them.
|
It does to hose who have a few pennies stashed away in savings accounts. |
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Dirk Bruere at NeoPax
Guest
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| Posted: Tue Jul 15, 2008 8:21 pm Post subject: Re: Parallel Economy? |
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Iapetus wrote:
| Quote: |
Dirk Bruere at NeoPax wrote:
Maria wrote:
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
Simple.
A lot of people own their own house outright.
Interest rate hikes mean nothing to them.
It does to hose who have a few pennies stashed away in savings accounts.
|
True - the rich get richer.
Interest rate rises are a method of taxing the poor and giving to the rich.
--
Dirk
http://www.transcendence.me.uk/ - Transcendence UK
Remote Viewing classes in London |
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William Black
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| Posted: Tue Jul 15, 2008 10:21 pm Post subject: Re: Parallel Economy? |
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"Maria" <info@tajarts.co.uk> wrote in message
news:70a3b803-21f7-4d42-aa7c-14a4eded3dcc@a1g2000hsb.googlegroups.com...
| Quote: |
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
|
You would if you didn't have a mortgage and had a few quid stashed away.
Things are bad only if you spend all your money and live on a credit card
and have a mortgage.
--
William Black
I've seen things you people wouldn't believe.
Barbeques on fire by the chalets past the castle headland
I watched the gift shops glitter in the darkness off the Newborough gate
All these moments will be lost in time, like icecream on the beach
Time for tea. |
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abelard
Guest
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| Posted: Tue Jul 15, 2008 10:30 pm Post subject: Re: Parallel Economy? |
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On Tue, 15 Jul 2008 16:21:49 +0100, Dirk Bruere at NeoPax
<dirk.bruere@gmail.com> wrote:
| Quote: |
Iapetus wrote:
Dirk Bruere at NeoPax wrote:
Maria wrote:
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
Simple.
A lot of people own their own house outright.
Interest rate hikes mean nothing to them.
It does to hose who have a few pennies stashed away in savings accounts.
True - the rich get richer.
Interest rate rises are a method of taxing the poor and giving to the rich.
|
that's ridiculous....
it's a way of the poor getting opportunities that would otherwise
be unavailable to them....
you commies are all the same....you just don't want the poor to
get ahead...
regards
--
web site at www.abelard.org - news comment service, logic, economics
energy, education, politics, etc 1,552,396 document calls in year past
--------------------------------------------------------------------------------
all that is necessary for [] walk quietly and carry
the triumph of evil is that [] a big stick.
good people do nothing [] trust actions not words
only when it's funny -- roger rabbit
-------------------------------------------------------------------------------- |
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abelard
Guest
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| Posted: Tue Jul 15, 2008 10:40 pm Post subject: Re: Parallel Economy? |
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On Tue, 15 Jul 2008 07:12:57 -0700 (PDT), Maria <info@tajarts.co.uk>
wrote:
| Quote: |
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
|
remember the lipstick theory....
reducing prices means traders can still function and you get a
'bargain'....
the market corrects out of synch prices....
manufacturers will strive to cut costs of production.....
everyone will get better off.....
a modern economy, if run sanely, is self correcting.....
you should expect to get better value this year than last.....
that is the nature of a modern economy.....
cut costs....cut prices...sell more.....
10 times £2 profit is less than 50 times £1 profit.....
as long as your overheads are steady.....
hard times stimulate innovation....just as war stimulates innovation
also keep in mind i've been telling you for years that the uk is
running around 10% inflation....it's just a matter of time where
it pops out next...
i saw yesterday a claim that a family food bill has moved up
around £1000 over the last year....
i've also told you that actual real standards of living are under
attack...innovation can offset that....
as usual you are mostly getting ever more wealthy....
free markets work....if you don't interfere with them too much
and keep tragedy of the commons issues in mind...
regards
--
web site at www.abelard.org - news comment service, logic, economics
energy, education, politics, etc 1,552,396 document calls in year past
--------------------------------------------------------------------------------
all that is necessary for [] walk quietly and carry
the triumph of evil is that [] a big stick.
good people do nothing [] trust actions not words
only when it's funny -- roger rabbit
-------------------------------------------------------------------------------- |
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Hotblack Desiato
Guest
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| Posted: Wed Jul 16, 2008 12:14 am Post subject: Re: Parallel Economy? |
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"Maria" <info@tajarts.co.uk> wrote in message
news:70a3b803-21f7-4d42-aa7c-14a4eded3dcc@a1g2000hsb.googlegroups.com...
| Quote: |
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
|
An insufficient time period. Some people have been talking about a rather
painful unfolding of debt for a good few years now, and it's taken that long
to even get this far.
With the large quantity of credit cards and other easy-access debt devices
still in wide circulation, it's going to be a while before most of us who
are in for a roasting, realise we haven't really got any money any more.
There's also the state of denial in these situations whereby people continue
to worsen their financial position because expectation of a certain
lifestyle has developed in to a feeling of absolute entitlement, which they
simply no longer have the financial capacity to maintain
Overnight market crashes rarely cause lasting problems.. it's the slow ones
which persist in unwinding regardless of what's thrown at them.. they're the
ones to watch |
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abelard
Guest
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| Posted: Wed Jul 16, 2008 12:17 am Post subject: Re: Parallel Economy? |
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On Tue, 15 Jul 2008 20:14:06 +0100, "Hotblack Desiato"
<nomail@nomail.com> wrote:
| Quote: |
"Maria" <info@tajarts.co.uk> wrote in message
news:70a3b803-21f7-4d42-aa7c-14a4eded3dcc@a1g2000hsb.googlegroups.com...
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
An insufficient time period. Some people have been talking about a rather
painful unfolding of debt for a good few years now, and it's taken that long
to even get this far.
With the large quantity of credit cards and other easy-access debt devices
still in wide circulation, it's going to be a while before most of us who
are in for a roasting, realise we haven't really got any money any more.
There's also the state of denial in these situations whereby people continue
to worsen their financial position because expectation of a certain
lifestyle has developed in to a feeling of absolute entitlement, which they
simply no longer have the financial capacity to maintain
Overnight market crashes rarely cause lasting problems.. it's the slow ones
which persist in unwinding regardless of what's thrown at them.. they're the
ones to watch
|
name one scenario beside resource shortages that has any
realistic chance of stopping the good times roll....
and explain exactly what logical links lead from your assumptions
to your conclusions...
--
web site at www.abelard.org - news comment service, logic, economics
energy, education, politics, etc 1,552,396 document calls in year past
--------------------------------------------------------------------------------
all that is necessary for [] walk quietly and carry
the triumph of evil is that [] a big stick.
good people do nothing [] trust actions not words
only when it's funny -- roger rabbit
-------------------------------------------------------------------------------- |
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Gaz
Guest
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| Posted: Wed Jul 16, 2008 1:08 am Post subject: Re: Parallel Economy? |
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Dirk Bruere at NeoPax wrote:
| Quote: |
Iapetus wrote:
Dirk Bruere at NeoPax wrote:
Maria wrote:
What's going on? All over the news is bad news about jobs lost,
credit squeeze, rising household bills, and yet we are doing
better business than ever (and higher order value).
I can understand the high street being packed (as it has been for
the past few weeks) as nearly every shop has a half-price sale,
but other than that, I don't get it.
Simple.
A lot of people own their own house outright.
Interest rate hikes mean nothing to them.
It does to hose who have a few pennies stashed away in savings
accounts.
True - the rich get richer.
Interest rate rises are a method of taxing the poor and giving to the
rich.
|
The poorer also get richer, thats the beauty of neo-liberal capitalism, and
thats what pisses off the old lefties so much.
Gaz |
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Guest
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| Posted: Wed Jul 16, 2008 6:23 pm Post subject: Re: Parallel Economy? |
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Well, do you think there is anybody betting that the FTSE will be
going-up any time soon? And are you not in that economy then (the one
that employs people here)?
Maria wrote:
| Quote: |
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it. |
|
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abelard
Guest
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| Posted: Thu Jul 17, 2008 12:19 am Post subject: Re: Parallel Economy? |
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On Wed, 16 Jul 2008 11:23:20 -0700 (PDT), aiguru@lycos.co.uk wrote:
| Quote: |
Well, do you think there is anybody betting that the FTSE will be
going-up any time soon?
|
i know there are
| Quote: |
And are you not in that economy then (the one
that employs people here)?
Maria wrote:
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
|
--
web site at www.abelard.org - news comment service, logic, economics
energy, education, politics, etc 1,552,396 document calls in year past
--------------------------------------------------------------------------------
all that is necessary for [] walk quietly and carry
the triumph of evil is that [] a big stick.
good people do nothing [] trust actions not words
only when it's funny -- roger rabbit
-------------------------------------------------------------------------------- |
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Hotblack Desiato
Guest
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| Posted: Thu Jul 17, 2008 12:45 am Post subject: Re: Parallel Economy? |
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"abelard" <abelard3@abelard.org> wrote in message
news:mqtp74hh0vlick36832umfh6svq5jrvfuk@4ax.com...
| Quote: |
On Tue, 15 Jul 2008 20:14:06 +0100, "Hotblack Desiato"
nomail@nomail.com> wrote:
"Maria" <info@tajarts.co.uk> wrote in message
news:70a3b803-21f7-4d42-aa7c-14a4eded3dcc@a1g2000hsb.googlegroups.com...
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
An insufficient time period. Some people have been talking about a rather
painful unfolding of debt for a good few years now, and it's taken that
long
to even get this far.
With the large quantity of credit cards and other easy-access debt devices
still in wide circulation, it's going to be a while before most of us who
are in for a roasting, realise we haven't really got any money any more.
There's also the state of denial in these situations whereby people
continue
to worsen their financial position because expectation of a certain
lifestyle has developed in to a feeling of absolute entitlement, which
they
simply no longer have the financial capacity to maintain
Overnight market crashes rarely cause lasting problems.. it's the slow
ones
which persist in unwinding regardless of what's thrown at them.. they're
the
ones to watch
name one scenario beside resource shortages that has any
realistic chance of stopping the good times roll....
and explain exactly what logical links lead from your assumptions
to your conclusions...
|
What an utterly preposterous demand, why on Earth would I want to do any of
that? |
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abelard
Guest
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| Posted: Thu Jul 17, 2008 12:55 am Post subject: Re: Parallel Economy? |
|
|
On Wed, 16 Jul 2008 20:45:01 +0100, "Hotblack Desiato"
<nomail@nomail.com> wrote:
| Quote: |
"abelard" <abelard3@abelard.org> wrote in message
news:mqtp74hh0vlick36832umfh6svq5jrvfuk@4ax.com...
On Tue, 15 Jul 2008 20:14:06 +0100, "Hotblack Desiato"
nomail@nomail.com> wrote:
"Maria" <info@tajarts.co.uk> wrote in message
news:70a3b803-21f7-4d42-aa7c-14a4eded3dcc@a1g2000hsb.googlegroups.com...
What's going on? All over the news is bad news about jobs lost, credit
squeeze, rising household bills, and yet we are doing better business
than ever (and higher order value).
I can understand the high street being packed (as it has been for the
past few weeks) as nearly every shop has a half-price sale, but other
than that, I don't get it.
An insufficient time period. Some people have been talking about a rather
painful unfolding of debt for a good few years now, and it's taken that
long
to even get this far.
With the large quantity of credit cards and other easy-access debt devices
still in wide circulation, it's going to be a while before most of us who
are in for a roasting, realise we haven't really got any money any more.
There's also the state of denial in these situations whereby people
continue
to worsen their financial position because expectation of a certain
lifestyle has developed in to a feeling of absolute entitlement, which
they
simply no longer have the financial capacity to maintain
Overnight market crashes rarely cause lasting problems.. it's the slow
ones
which persist in unwinding regardless of what's thrown at them.. they're
the
ones to watch
name one scenario beside resource shortages that has any
realistic chance of stopping the good times roll....
and explain exactly what logical links lead from your assumptions
to your conclusions...
What an utterly preposterous demand, why on Earth would I want to do any of
that?
|
you have made a slew of vague claims....
clearly from your response you don't have the faintest idea
of what you are talking about...and have no ability to backup
or formalise your waffling
of course i can't claim to be surprised....in fact i expected it....
but i just hoped forlornly that you had some substance to offer
--
web site at www.abelard.org - news comment service, logic, economics
energy, education, politics, etc 1,552,396 document calls in year past
--------------------------------------------------------------------------------
all that is necessary for [] walk quietly and carry
the triumph of evil is that [] a big stick.
good people do nothing [] trust actions not words
only when it's funny -- roger rabbit
-------------------------------------------------------------------------------- |
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