Uber doomed

[original PM]

Jeez what made you drag this thread back to life

Apart from the opportunity to try and look smug?

[sunnysan]

Boring Doom

I dont know about all of you here but IMO "Euro Doom" is getting quite boring.

I think the points thats have been proved once again are, in no particular order
a) Politician are useless self serving cnuts.
b) Economists are about as much good as long term weather forecasters
c) The rich and the powerful remain rich and powerful regardless
d) Boom and bust is as much part of the human race as haemorroids
e) All this bulltulip is mostly the politics of fear at play

So I wish that Greece can default, Euro can split or whatever the **** they are going to do to get on with it.

What will be will be and whatever it is it will look much better without the mugs of Sarkozy, Merkel, Cameron et al dominating the front pages.

[BrilloPad]

Its okay. We can just inflate our way out of this.

[Mich the Tester]

I dont know about all of you here but IMO "Euro Doom" is getting quite boring.

I think the points thats have been proved once again are, in no particular order
a) Politician are useless self serving cnuts.
b) Economists are about as much good as long term weather forecasters
c) The rich and the powerful remain rich and powerful regardless
d) Boom and bust is as much part of the human race as haemorroids
e) All this bulltulip is mostly the politics of fear at play

So I wish that Greece can default, Euro can split or whatever the **** they are going to do to get on with it.

What will be will be and whatever it is it will look much better without the mugs of Sarkozy, Merkel, Cameron et al dominating the front pages.

f) if anyone makes a financial forecast, sooner or later it will come true. Same goes for the weather; I predict it will rain.

[EternalOptimist]

Doom is always boring after the initial doom-buzz

as long as its happening to someone else.

When it happens to you, it never seems to lose that 'doomy' effect


Sas isnt gloating about the Doom, he's gloating about getting something right at last

[lukemg]

So, in conclusion, it kind of depends...
I don't see companies that employ contractors about to go bump, if anything they are doing ok and may even hire more connies as too scared to get perms !
Public sector of course is fooked so if that is your CV, start praying (may impact private sector market if big influx).
What is true is that lots of people are hanging by fingernails and when the public sector starts actually cutting (next 12-24 months), it is going to be very tough on a significant number but even they will mostly be able to cling on with redundancy/savings/low interest rates on house etc.
Get ya warchest stocked with lovely dividend paying blue chips and watch the fun from your sofa...

[minsky1]

This all looks like a bit of a devils soup to me.

Can we have some clear answers as to how we can make some money out of all of this turmoil?

As the famous Zig Ziglar once said "eliminate that stinking thinking ......"

[OwlHoot]

when the public sector starts actually cutting (next 12-24 months), ..

Can't see much of that that happening now - Without the cloud-cuckoo growth rate and inflation rate drop which Osborne & Cameron fondly imagine will happen next year they daren't, for fear of reducing GDP (which, perversely, includes Government spending). And it would be even harder with their LibDumb partners yapping at their heels.