Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Field Marshal Dr. Opti on 07 August 2010, 12:25:26

Title: Stagflation.
Post by: Field Marshal Dr. Opti on 07 August 2010, 12:25:26
Interest rates have been held at 0.5% for another month.
Growth is weak.....but inflation is creeping up.  .......a period of Stagflation looms.

Does anbody here at OOF have the answer... ::) ::)....if only Gordon still had the reins... ::) ::) :)
Title: Re: Stagflation.
Post by: Debs. on 07 August 2010, 12:40:38
Might I suggest; deflagration! ::)
Title: Re: Stagflation.
Post by: Banjax on 07 August 2010, 13:05:08
Quote
Interest rates have been held at 0.5% for another month.
Growth is weak.....but inflation is creeping up.  .......a period of Stagflation looms.

Does anbody here at OOF have the answer... ::) ::)....if only Gordon still had the reins... ::) ::) :)

look what's happening in the States right now  :o

http://www.bbc.co.uk/news/business-10890989


double dip here we come?
Title: Re: Stagflation.
Post by: Varche on 07 August 2010, 13:15:43
Yep double dip for sure.

Once the job losses from the Con Dems cut in and unemployement soars.The Americans plus other countries in the EU will protect themselves we will see more problems.

All it will take is another financial institution to have problems.

best get ready for us entering a new war somewhere else on the planet...............................
Title: Re: Stagflation.
Post by: mantahatch on 07 August 2010, 13:31:56
The dip never really ended, it will end when house prices drop to the levels where they are affordable to the average working person ie 3.5 times single salary and 2.5 times joint salary.

Just my useless 2 pence worth.

Most people in business reckon house prices still need to drop another 25%  :o
Title: Re: Stagflation.
Post by: Lizzie_Zoom on 07 August 2010, 14:47:35
For me the big story this week on this subject is the Russian drought, and now their ban on wheat exports bringing a 25% rise in wheat prices:

http://www.bbc.co.uk/news/business-10892637

This, along with other world problems, will do nothing to help our food prices :'( :'(
Title: Re: Stagflation.
Post by: Varche on 07 August 2010, 14:53:22
Quote
For me the big story this week on this subject is the Russian drought, and now their ban on wheat exports bringing a 25% rise in wheat prices:

http://www.bbc.co.uk/news/business-10892637

This, along with other world problems, will do nothing to help our food prices :'( :'(

Se my other posting http://www.omegaowners.com/forum/YaBB.pl?num=1281176087. Wheat is used in many of our food and drink commodities. Some increases will be justified and others pure racketeering. Hen food in Spain never recovered to its former price after the last explosion in wheat prices. Instead they changed the bag sizes (clever marketing men again for you).
Title: Re: Stagflation.
Post by: Lizzie_Zoom on 07 August 2010, 15:29:48
Quote
Quote
For me the big story this week on this subject is the Russian drought, and now their ban on wheat exports bringing a 25% rise in wheat prices:

http://www.bbc.co.uk/news/business-10892637

This, along with other world problems, will do nothing to help our food prices :'( :'(

Se my other posting http://www.omegaowners.com/forum/YaBB.pl?num=1281176087. Wheat is used in many of our food and drink commodities. Some increases will be justified and others pure racketeering. Hen food in Spain never recovered to its former price after the last explosion in wheat prices. Instead they changed the bag sizes (clever marketing men again for you).

You were very right with that posting Varche!! 8-) 8-) :y :y
Title: Re: Stagflation.
Post by: PhilRich on 07 August 2010, 17:02:23
Quote
Might I suggest; deflagration! ::)


Or how about flagellation? sounds a bit more  hardhitting'! ;D ;D  ;)

 
Title: Re: Stagflation.
Post by: Vamps on 07 August 2010, 17:06:33
Quote
Quote
Might I suggest; deflagration! ::)


Or how about flagellation? sounds a bit more  hardhitting'! ;D ;D  ;)

 

Have you been down to see the ships then Phil :question


Title: Re: Stagflation.
Post by: PhilRich on 07 August 2010, 17:18:35
Quote
Quote
Quote
Might I suggest; deflagration! ::)


Or how about flagellation? sounds a bit more  hardhitting'! ;D ;D  ;)

 

Have you been down to see the ships then Phil :question





Hi Mike, we saw a few as they were arriving earlier in the week, but TBH the town is a nightmare to navigate so staying at home for the duration ::) I have no chance of being able to get near the actual berths & walking any distance is a no-no :( Anyway, i've seen enough ships in my lifetime, big small short & tall , varnished tarnished, trusty & rusty, blue, buff & grey funnel too!  ;D :y
Title: Re: Stagflation.
Post by: Vamps on 07 August 2010, 17:25:35
Quote
Quote
Quote
Quote
Might I suggest; deflagration! ::)


Or how about flagellation? sounds a bit more  hardhitting'! ;D ;D  ;)

 

Have you been down to see the ships then Phil :question





Hi Mike, we saw a few as they were arriving earlier in the week, but TBH the town is a nightmare to navigate so staying at home for the duration ::) I have no chance of being able to get near the actual berths & walking any distance is a no-no :( Anyway, i've seen enough ships in my lifetime, big small short & tall , varnished tarnished, trusty & rusty, blue, buff & grey funnel too!  ;D :y

 ;D ;D ;D
I need to pop over and have a natter, but thought it best to keep away this weekend ::) ::)
I need to go to Seaton Carew, have arranged to go on Wednesday when it will be all over and back to normal, whatever normal is.... :D :D :D