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Recession

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By (user no longer on site) OP   
over a year ago

Job cuts, plant closures, head office relocations house prices down by 3% and so on.. are we heading towards another recession?

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By *htcMan
over a year ago

MK

not yet but there will be another one soon as its almost due

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By (user no longer on site)
over a year ago

Did we ever come out of the last one

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By (user no longer on site)
over a year ago

I dunno its above my pay grade

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By (user no longer on site)
over a year ago

Given the complete lack of meaningful payrises for several years across multiple sectors, a stagnant job market and the ever rising cost of living I'd argue that we have been in a recession for sone time

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By *loswingersCouple
over a year ago

Gloucester


"Job cuts, plant closures, head office relocations house prices down by 3% and so on.. are we heading towards another recession? "

The biggest reason we may have the next one is the pensions nightmare . So many people over the past ten years who have retired are barely able to get by because of the poor return on their pension funds .

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By * and M lookingCouple
over a year ago

Worcester

Don't know where the house prices are dropping?

Around here new developments have pushed existing 4 and 5 bedroom homes up by around £40 - 50K.

It will more Brexit scaremongering.

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By *ranny-CrumpetWoman
over a year ago

The Town by The Cross


"Given the complete lack of meaningful payrises for several years across multiple sectors, a stagnant job market and the ever rising cost of living I'd argue that we have been in a recession for sone time "

2008..... the age of austerity

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By *riefcase_WankerMan
over a year ago

Milton Keynes

There was a really interesting thesis written by Fred Harrison, who's a Georgist economic author (as in Henry George, he of Land Value Tax fame) that set out 18 year cycles of recessions, with a 9 year mini-blip in the middle.

He was widely derided when he published in 1997 - even being labelled "the Prophet of Doom" - but seeing as he predicted a massive crash in 2007 (the earliest economist to do so, and most accurate in terms of timing) people suddenly started paying attention to him.

According to that theory, we're overdue the blip, and the big one is coming midway through the next decade...

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By *crumdiddlyumptiousMan
over a year ago

.


"Don't know where the house prices are dropping?

Around here new developments have pushed existing 4 and 5 bedroom homes up by around £40 - 50K.

It will more Brexit scaremongering. "

I read somewhere its in London where the over priced house/property is dropping/slowing down,

The rest of the UK house/property will probably continue to rise

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By *riefcase_WankerMan
over a year ago

Milton Keynes

Ultimately it's inevitable - house prices and rent are going up, wages are remaining relatively stagnant.

There comes a point when that situation becomes unsustainable

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