"A blip" or "The end"

[pzz76077]

Still not convinced...

For the UK IT scene to pick up appreciably, US bellwethers such as HP, Cisco et all would need to announce a hike in their sales figures and this is not happening right now. Approximately 6 months after this kind of increased economic activity I expect UK employment prospects to improve.

If the 'Tories get in at the next election, then they will cut public services left, right and center, so goodbye to all of those lucrative public sector gigs that keep so many contractors (inc me) off the streets for the time being.

[_V_]

http://news.bbc.co.uk/1/hi/programme...ht/8062417.stm

[GreenerGrass]

The structural problems are simply being ignored. And the next time it happens (my guess is 2017/18), it will make this look a picnic because for a lot of countries the cupboard will still be relatively bare.

2017/18 would suit me well, especially if we have a rebound in property and shares from 2011/12 until then. I had planned to go into semi-retirement or part time contract/work/business (not necessarily IT).
It would give enough time to relocate to the West Country, buy a nice barn conversion with a bit of land, and start hoarding food, guns and ammo.

P.S. The US Medicare and Social security funding are on schedule to be bankrupt by 2017.

[Troll]

http://news.bbc.co.uk/1/hi/programme...ht/8062417.stm

This would appear to back that article up... Doomed