Rumours of economic recovery
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- ********
Who's buying it?
- lowimpakt0
depends what you mean by recovery...
if you mean banks back to making billions of profit and falling back into a business as usual mode of big bonusses and risk taking with people's life savings while the majority of people still suffer in poverty, negative equity, unemployment and job insecurity... then yes maybe
- megE0
i think at least the downfall has leveled out ---- recovery is going to take awhile
- ********0
I read reports that we'll be back in growth by the end of the year... which is exactly what the UK government said would happen -> so if this actually happens it's going to be quite some coup they've managed to pull off.
I have a horrible feeling this recession will be quickly forgotten about and we'll be back in the same place in 15 years time.
- clearThoughts0
This is how the world works at the moment.
As there doesn't really seem to be an alternative to this model at the moment it is rather unlikely to change.
- utopian0
In the mid-atlantic region of the U.S., the economy appears to be getting better < not worst.
- ********0
Every hour, every day, I pray America to die
- HAHA! Jokes on you, it's been Zombie America for a few years now...TheBlueOne
- ..I laugh, but I cryTheBlueOne
- don't you mean pray FOR America to die********
- At least the south and midwest parts of the country should.JonnyPompa
- yeah johnnypompa - that seems well-considered...identity
- utopian0
Norway, armpit of the Norwegian Sea and scrotum sack of Sweden.
- *waves hello********
- Do you have something that might convey this in an illuustrative format?TheBlueOne
- I will get ukit on that ASAP...utopian
- Waving the Norwegian flag and singing "Ja, Vi Elsker"Stian
- *waves hello
- Iggyboo0
For all of us I hope we do get out of this.. But realistically I think the numbers that came out are sketchy at best. We dropped from 9.5 % unemployment to 9.4% yet, we had a net loss of more than a quarter million jumps. That only could mean two things less people are claiming unemployment benefits because they A ran out, or B they are doing some contract work but not enough to consider full employment. I think we're seeing it flatten out but I don't think anyone except the media could claim that this is the tipping point.
- ********0
I think maybe the bleeding is abating somewhat, but we won't go back to previous employment levels for years and years, if ever
- ********0
Unemployment rates Norway vs USA
http://epp.eurostat.ec.europa.eu…
- over the last year********
- comparing the united states to norway is like comparing Walmart to a gumball machineidentity
- over the last year
- kgvs720
I don't see a recovery when the rate of jobs loss has slowed down. It's a good sign, but it seems like things are very uncertain right now.
- mathinc0
I'm just excited that the football season is starting.
- ETM0
Some economists feel there will be a false start to the recovery. Meaning it will recover a bit, then drop again before true recovery happens. I think we may be seeing the start of the slow rise before the next drop. But still, generally good news.
- ********0
- I've been quite pleasantly surprised by this show - it doesn't totally suck.Wolfboy
- i agree .. he's pretty funny********
- ukit0
Of course it's a tipping point, by definition when the job losses hit zero, it's likely you're going see the trend reverse itself. Company inventories are so low, you'll see some rebuilding there.
- Wolfboy0
Well I'm working a full five days this week. Add that to the three days last week and two days the week before and I smell green shoots!
- akrokdesign0
hope so. :-)
