New Posts For Thread: double dip recessionhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recessionfasten seatbeltsWell, if we all save more money, total revenues decline, yes but that doesn't mean lower growth. Productivity is determined by the consumption-investment ratio, and the demand for money only tells us the degree to which people prefer the utility ofhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461673185#461673185Well, if we all save more money, total revenues decline, yes but that doesn't mean lower growth. Productivity is determined by the consumption-investment ratio, and the demand for money only tells us the degree to which people prefer the utility ofFri, 13 Aug 2010 09:32:13 -0500What about the paradox of thrift?https://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461672669#461672669What about the paradox of thrift?Fri, 13 Aug 2010 09:28:16 -0500Yes. The first thing it would do is encourage savings rather than consumerism. A pre-requisite for investment.https://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461665929#461665929Yes. The first thing it would do is encourage savings rather than consumerism. A pre-requisite for investment.Fri, 13 Aug 2010 08:30:57 -0500And you think a property crash, huge defaults in consumer credit and the subsequent failure of the banking system will result in capital being allocated as you suggest?!https://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461640573#461640573And you think a property crash, huge defaults in consumer credit and the subsequent failure of the banking system will result in capital being allocated as you suggest?!Fri, 13 Aug 2010 02:33:50 -0500Which problems exactly does a property crash solve?a property crash, huge defaults in consumer credit and the subsequent failure of the banking system is probably the only thing that can shake sense into our modern farcical view of economics.Its impohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461630137#461630137Which problems exactly does a property crash solve?a property crash, huge defaults in consumer credit and the subsequent failure of the banking system is probably the only thing that can shake sense into our modern farcical view of economics.Its impoThu, 12 Aug 2010 23:39:41 -0500'real growth' hasnt occured since north sea oil peaked at the turn of the centuryhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461601449#461601449'real growth' hasnt occured since north sea oil peaked at the turn of the centuryThu, 12 Aug 2010 19:08:46 -0500Let the banks go. State it now - ban bailouts. This would go hand in hand with higher rates. We'd cut down the number of banks to what's necessary and capital would be 'respected' again, innit.https://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461558973#461558973Let the banks go. State it now - ban bailouts. This would go hand in hand with higher rates. We'd cut down the number of banks to what's necessary and capital would be 'respected' again, innit.Thu, 12 Aug 2010 14:10:14 -0500The problem is if average property values do drop say 20% in the next two years where will that leave the banks?Whether or not we have a double dip is immaterial, growth is important but it has to be the right kind of growth. It's no use growing thehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461526913#461526913The problem is if average property values do drop say 20% in the next two years where will that leave the banks?Whether or not we have a double dip is immaterial, growth is important but it has to be the right kind of growth. It's no use growing theThu, 12 Aug 2010 10:35:09 -0500The whole economy has been property driven for years, i know i am in the industry and have felt a huge reversal of fortune, propertyneeds to bottom to get realistic prices out there to people who want to get on the ladder, if they were affordable peohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461508285#461508285The whole economy has been property driven for years, i know i am in the industry and have felt a huge reversal of fortune, propertyneeds to bottom to get realistic prices out there to people who want to get on the ladder, if they were affordable peoThu, 12 Aug 2010 07:59:16 -0500It's not so much that the crash solves the problems as such, just that the medicine to solve problems would cause one which is why the politicians are chickening out. Another reason to remove such power from the state.https://community.betfair.com/tradefair__financials/go/thread/view/94198/25584537/double-dip-recession?post_id=461484137#461484137It's not so much that the crash solves the problems as such, just that the medicine to solve problems would cause one which is why the politicians are chickening out. Another reason to remove such power from the state.Thu, 12 Aug 2010 00:27:04 -0500