Problems with the economy are just starting ...

[sasguru]

As the PIGS are in deep tulipe (unemployment in Spain is at depression levels - 20% and Greece is effectively bust), what will the Germans do as they move out of recession? Because a growing economy needs a different policy to one in the doldrums e.g. you cannot keep interest rates low.
Italy and the like used to devalue and inflate in past situations like this but cannot now - they have to make the hard decision to stick with austerity.
Its going to be interesting.
Meanwhile in the UK whatever government is elected in May will have to make swingeing cuts so expect unemployment (in the public sector) to be massively increased, house prices to fall drastically and the postponed recession to take hold.

[AtW]

Can we expect you to stop posting such economic tulip on CUK this year?

[BlackenedBiker]

As the PIGS are in deep tulipe (unemployment in Spain is at depression levels - 20% and Greece is effectively bust), what will the Germans do as they move out of recession? Because a growing economy needs a different policy to one in the doldrums e.g. you cannot keep interest rates low.
Italy and the like used to devalue and inflate in past situations like this but cannot now - they have to make the hard decision to stick with austerity.
Its going to be interesting.
Meanwhile in the UK whatever government is elected in May will have to make swingeing cuts so expect unemployment (in the public sector) to be massively increased, house prices to fall drastically and the postponed recession to take hold.

I agree, but I have a strong belief that this will be a good year for good contractors. Due to the prolonged freeze on head count

[sasguru]

Can we expect you to stop posting such economic tulip on CUK this year?

Shut it, junior.

[suityou01]

As the PIGS are in deep tulipe (unemployment in Spain is at depression levels - 20% and Greece is effectively bust), what will the Germans do as they move out of recession? Because a growing economy needs a different policy to one in the doldrums e.g. you cannot keep interest rates low.
Italy and the like used to devalue and inflate in past situations like this but cannot now - they have to make the hard decision to stick with austerity.
Its going to be interesting.
Meanwhile in the UK whatever government is elected in May will have to make swingeing cuts so expect unemployment (in the public sector) to be massively increased, house prices to fall drastically and the postponed recession to take hold.

Just waiting for Greece to default. Should set the cat amongst the pigeons. Also if China remove the dollor peg ....

All to play for.

[Doggy Styles]

Agreed sasguru. About the deep tulip that is.

[Bagpuss]

Unemployment in the public sector = more unemployment in the private sector

[swamp]

I think the real problems will start 2011. My current (public sector) client plans massive cuts, though contractors like me are still much cheaper than the alternative.

[sasguru]

Unemployment in the public sector = more unemployment in the private sector

Agreed. Bad news all round

[AtW]

Agreed. Bad news all round

But at least we can hope that you personally will do well in this crisis and will ride the wave to success in owning a few streets full of bedsits in London?