UK is on top of the chart....

[denver2k]

Looks like its performing really well

[Mich the Tester]

Well now, we wouldn't want a return to boom and bust would we?

[denver2k]

Well now, we wouldn't want a return to boom and bust would we?

Surely we dont need any other "boom and bust" anytime soon but we need at least 0% or 0.01% growth sooner rather than later.....

[PM-Junkie]

Do try to keep up at the back...

[Mich the Tester]

Surely we dont need any other "boom and bust" anytime soon but we need at least 0% or 0.01% growth sooner rather than later.....

That’s a good point worth a discussion of it’s own. Here in NL we have an ageing population and a workforce that’s expected to shrink. There’s no way we can keep on producing economic growth without facing severe downturns simply because productivity doesn’t grow fast enough to cancel out the effects of a shrinking workforce. If we have 0% growth we’ll be fine; 4%, as has become expected year on year, is just not realistic without a rapidly growing population.

[Gordon Brown]

That’s a good point worth a discussion of it’s own. Here in NL we have an ageing population and a workforce that’s expected to shrink. There’s no way we can keep on producing economic growth without facing severe downturns simply because productivity doesn’t grow fast enough to cancel out the effects of a shrinking workforce. If we have 0% growth we’ll be fine; 4%, as has become expected year on year, is just not realistic without a rapidly growing population.

You need more immigrants.

[Mich the Tester]

You need more immigrants.

I am one, so I would be a hypocrite to contradict you on that issue.

[AlfredJPruffock]

That’s a good point worth a discussion of it’s own. Here in NL we have an ageing population and a workforce that’s expected to shrink. There’s no way we can keep on producing economic growth without facing severe downturns simply because productivity doesn’t grow fast enough to cancel out the effects of a shrinking workforce. If we have 0% growth we’ll be fine; 4%, as has become expected year on year, is just not realistic without a rapidly growing population.

NL is due for its worse economic year since 1931 - so I read.

[Mich the Tester]

NL is due for its worse economic year since 1931 - so I read.

True, but when it recovers companies will once again complain about how hard it is to find qualified staff.

[SantaClaus]

2 million unemployed announced today. I bet its 3 million if you count all the middle class workers who are too proud to sign on yet.

The global depression has only just started. After a bear market rally, the Stock Indices will plough to new depths. I foresee civil unrest in the not too distant future.

Martin Armstrong is 100% right.