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Euro Doom™
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Originally posted by ladymuck View PostPMI is Purchasing Managers Index. Scale of 0 to 100. Under 50 = bad, Over 50 = good.
Purchasing Managers' Index (PMI) DefinitionHis heart is in the right place - shame we can't say the same about his brain...Comment
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ifo Business Climate Index Collapses (March 2020) | Facts | ifo Institute
Sentiment among German managers has become extraordinarily dire. The ifo Business Climate Index collapsed from 96.0 points (seasonally adjusted) in February to 86.1 points in March. This is the steepest fall ever recorded since German reunification and the lowest value since July 2009. Companies’ expectations in particular have darkened as never before. Assessments of the current situation have also worsened considerably. The German economy is in shock.Comment
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Originally posted by jamesbrown View PostUK PMIs also fubared. Services at 12.3 vs. 29 expected/WAGed. It’s gonna be a historic recession...Down with racism. Long live miscegenation!Comment
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Originally posted by NotAllThere View PostPhew. I was worried it was going to be a future recession.Comment
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Originally posted by NotAllThere View PostPhew. I was worried it was going to be a future recession.Comment
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Originally posted by jamesbrown View PostIt's going to be Schrodinger's recession.Comment
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Originally posted by Mordac View PostWhat 'index' are they going to use when all the Purchasing Managers have been sacked because they are no longer needed?Comment
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Originally posted by ladymuck View PostThat's ok then. He's dead (or is he?) and so it won't affect anyone else.Comment
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Originally posted by jamesbrown View Post
If we use the analogy of a cat in a box, it's going to escape through an unfathomably small gap and piss all over your soft furnishings.
Sorry, I'm rambling. What was the topic again?Work in the public sector? Read the IR35 FAQ hereComment
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