Originally posted by scooterscot
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
stock market crash
Collapse
X
Collapse
-
Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last. -
Originally posted by Zigenare View Post'effin swiss gnome!Down with racism. Long live miscegenation!Comment
-
Reading about the Thomas Cool collapse and the number of employees now looking for work got me thinking. UK unemployment levels are at a record low. So what would cause them to rocket up?
In a word... or two... corporate debt. Thomas cook binged on cheap debt to the tune of $1.56 billion. What was surprising.... was such an old company would fall for binging on cheap debt, what were they thinking? They did not need it.
Thomas cook are not alone either. Was expecting new up and coming companies to be loaded with debt, but actually it's household names up and down the country. They've exposed themselves to the point it'll only take a fart in the wind to knock them over.
Whatever causes these other businesses to collapse one think is clear, more people will be on the market looking for work at a time when the country needs strong tax revenues to pay for the tory nostalgia trip. The scary part would seem to be the rate at which people will come onto the market. Just look at Thomas Cook, 48 hours. Almost less time than it takes an inbound WMD from Iraq."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
-
S&P 500 is almost 3% higher from this time last year, woooooo. Bitcoin 52% during the same time,
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
In October, overnight and short term repo operations together resulted in a daily average of around $190 billion...
Of course stock markets are going to pump. Nothing to see here. As you were."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Originally posted by scooterscot View PostIn October, overnight and short term repo operations together resulted in a daily average of around $190 billion...
Of course stock markets are going to pump. Nothing to see here. As you were.Comment
-
Barstewards"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
-
Comment
-
Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment