indosnm 0 Posted November 20, 2008 Share Posted November 20, 2008 Had an interesting presentation from the Aussie Credit Suisse Eco's and Analysts today. Very interesting when you put the losses in perspective over the last 100 years or so. This year is the worst to date... Should be followed by a decent spike if history has it's way.. Just waiting on the sidelines now, bargains galore out there now. Link to post Share on other sites
bobby12 0 Posted November 21, 2008 Share Posted November 21, 2008 I think that depends on whether this is just another blip like before, or if this is some kind of bigger paradigm shift. Hopefully the former. Link to post Share on other sites
indosnm 0 Posted November 21, 2008 Share Posted November 21, 2008 bobby, blip it ain't though recover will come. It's now the worst year on record, over -50% down YTD. Funny now dealing with our clients, no calls recently.. I think everyone has gone numb! Link to post Share on other sites
BagOfCrisps 24 Posted November 24, 2008 Share Posted November 24, 2008 UK to get VAT cut soon. The shops are eerily quiet apart from sudden sales when people go bonkers. Quote: Cuts in Vat are to form a key plank of Gordon Brown’s emergency economic rescue package to be unveiled tomorrow. The temporary reduction in sales tax, currently at 17.5%, will be one of a range of measures designed to stimulate consumer spending. The Treasury refused to confirm the scale of the cut, to be in force by Christmas. However, under European Union (EU) regulations, Vat cannot be lowered below 15%. Link to post Share on other sites
thursday 1 Posted November 24, 2008 Share Posted November 24, 2008 SO they'll cut 2.5%. WOW It's at times like these when extraordinary measures are called for. Brown has no clue. You can start by suspending VAT for 6 months. Link to post Share on other sites
BagOfCrisps 24 Posted November 24, 2008 Share Posted November 24, 2008 Spectacular isn't it. 45% tax on dudes on 150,000 and more. Link to post Share on other sites
bobby12 0 Posted November 24, 2008 Share Posted November 24, 2008 Imagine if tax was set out so that all full time workers essentially earned the same amount (people on benefits get less). That would be an interesting society to live in, everyone on equal money, everyone doing jobs they want to do (rather than to earn more dough). I guess this would be close to communism. Link to post Share on other sites
Go Native 70 Posted November 25, 2008 Share Posted November 25, 2008 And it doesn't work because there's no incentive to work your butt off to move up the line. And at the end of the day people are competitive, they don't just want to keep up with the Jones's they want to have more. Take that out of the equation and you'll just end up being a huge crap hole like Russia was... Link to post Share on other sites
thursday 1 Posted November 25, 2008 Share Posted November 25, 2008 imagine an ant colony. Workers do all the work, soldiers make sure they do all the work, the party leadership is represented by the queen. The colony survives to serve the queen. Link to post Share on other sites
scouser 4 Posted November 27, 2008 Share Posted November 27, 2008 As do we all anyway don't we? (Though I call her Queenie). Link to post Share on other sites
thursday 1 Posted November 29, 2008 Share Posted November 29, 2008 hmmm.... Lizzy Link to post Share on other sites
thursday 1 Posted November 29, 2008 Share Posted November 29, 2008 Or is it my evolution, I find Stephen Fry to be not funny anymore. Link to post Share on other sites
brit-gob 9 Posted November 29, 2008 Share Posted November 29, 2008 He isn't that funny really. I was just reading about him actually, very much a gadget man with a love of Apple. Link to post Share on other sites
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