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Economic recovery

Discussion in 'The Bar' started by keys, May 2, 2020.

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  1. seemly

    seemly Well-Known Member

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    Training of the cat is not the root issue. Humans domesticating wild animals, or humans not 100% focussed on driving is yet again the issue.

    You should be checking your mirrors and surroundings before suddenly stopping anyway, to avoid collisions. Any animal hit is considered minor in comparison. Unfortunate for the cat and pet owner, but if you domesticate a wild animal, you should probably keep it in the house like you would a dog.

    Paying 100% attention to your direct and peripheral vision at all times would probably give you enough advantage to seeing the cat prior to it running into your path, giving you ample time to avert incident.
     
  2. Domain Forum

    Acorn Domains Elite Member

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    IWA Meetup
     
  3. websaway United Kingdom

    websaway Well-Known Member

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    What was it mark twain said
    Never argue with a fool, onlookers may not be able to tell the difference.
     
  4. seemly

    seemly Well-Known Member

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    Agreed. Not sure why I bother with you.

    Once again, you turn a thread sour. How very professional.
     
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  5. diablo

    diablo Well-Known Member

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    Too much for me to untangle I'm afraid! We'll have to agree to differ on the consequences of your plan.
     
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  6. newguy United Kingdom

    newguy Well-Known Member

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    Yes, you make a good point. I think some cultures are community minded and others more individualistic, and in the latter people soon get bored or suspicious of instruction over time. I think so far the most part in a situation full of unknowables, most people have done the right thing. Going forward though, as things open up, it may well get a bit wild west! If people get too gungho and complacent the r0 will be right back up. We may well end up needing the extra capacity that is now available in hospitals.
     
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  7. Siusaidh

    Siusaidh Well-Known Member

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    No probs, Diablo. Just floating left field thoughts. I'm a nurse, not an economist, and I've got enough to do. Never belonged to a political party. Thanks for the conversation.
     
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  8. Murray

    Murray Well-Known Member

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    I don't think it would change too much

    Economy needs consumerism

    People need to feel secure in employment and their future earnings to start spending or taking out loans instead of saving

    Money existing doesn't do much on it's own, it's like blood I guess, need that consumerism heart pumping to keep it flowing around so the economy is healthy

    The travel/leisure industries are going to be very tricky to get back in full swing and when you think how much money is in them and how many people rely on them for jobs etc
     
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  9. keys United Kingdom

    keys Well-Known Member

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    It is easy to compile a list of losers and casualties in this epidemic, and perhaps to position them on the scale of losses. In many ways this is similar to wartime conflict, but without conventional weapons and the physical destruction they in inflict.

    Nations recover from war, and in this analogy we have a lot less to cope with. Our infrastructure, transport, welfare and government services are all functional. For some time we will endure fairly severe restrictions on travel and activities.

    There must be new opportunities and grounds for optimism. It is a shame that our industrial heritage was binned in favour of financial services, making London centre of the universe. There is good reason to reduce dependence on imports, especially products essential for healthcare.

    What else could we manufacture or grow, at competitive prices? Now that we are a free nation, government has the scope to provide commercial support for businesses. With due diligence, this could be part of the recovery plan.
     
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  10. JMI

    JMI Active Member

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    This is just the beginning. .. give it a few months when all the ninjas start to default on card payments, if so that will trigger another credit crisis. The trillions being printed to prop up the stock markets is worrying for the medium to long term. They'll be an initial short term surge in consumer confidence as measures are relaxed and things appear on the surface to normalize due to all the QE, but the problem is the damage has already been done. Small business will find it very hard, most have been ruined for good. Many of the "furloughed" won't have jobs to return to as they'll be no business left to work at. The governments got itself in a right pickle with promising bailouts and whatever it takes etc (same with the US). I can't see any real progress with the economic recovery until 2021.
     
    Last edited: May 10, 2020
  11. websaway United Kingdom

    websaway Well-Known Member

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    Given this some thought and perhaps I should apologise. I hate hurting peoples feelings and you did not deserve it. so, sorry.
     
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  12. websaway United Kingdom

    websaway Well-Known Member

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    So pleased that there is now a government directive to wear face covering in enclosed spaces but hope that this is only until the virus is defeated. What I am confused about is why is there so much emphasise on work places of the future. Surely when there is a vaccine for this virus we will revert mostly to our old ways of operating. Profit drives business and business relies on tried and tested methods of trading, why would there be any need for social distancing when there is no deadly virus to transmit to each other.
     
  13. websaway United Kingdom

    websaway Well-Known Member

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    Yes makes sense.
     
  14. websaway United Kingdom

    websaway Well-Known Member

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    Fascinating now to see the challenge the chancellor has got balancing safety and the economy.
     
  15. newguy United Kingdom

    newguy Well-Known Member

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    It all looks a bit damned if you do, damned if you don't, in that the nature of the situation makes any option and outcome look pretty crap for the short and medium term at least!
     
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  16. websaway United Kingdom

    websaway Well-Known Member

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    Rock and a hard place springs to mind.
    Nobody should gloat because if not hit directly or indirectly by the virus we will all be affected directly or indirectly by the economic fall out.
     
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  17. keys United Kingdom

    keys Well-Known Member

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    Extension of furlough is bad news, as a reminder that the situation is still precarious and a darkening financial cloud. Now we have significant difference between rules across UK.

    As a company with payroll, text of furlough announcement says we qualify, but according to our accountant wording of the legislation excludes us. Thus far HMRC not considering any discretion.

    On the bright side, we can walk and cycle locally, enjoying summer weather and the best air quality for many decades.
     
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  18. diablo

    diablo Well-Known Member

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    Free webinar this morning: 11.00-11.30 that may be of interest to some.

    How will COVID-19 change our relationships with customers?

    No one knows exactly what life will look like after lockdown, but we do know that it has had a profound effect on how customers think and behave. In this webinar we’ll review:

    • How customer behaviour has changed during lockdown
    • What customers are saying about their changing attitudes
    • The fundamental shifts in what matters to customers (usually slow to change)
    • What customers are saying about how they’ll behave in the future
    • Why customers are better at predicting their own behaviour than some would have you believe
    • What life after lockdown may be like
    • How you can make sure you understand what matters most to your customers

    https://www.tlfresearch.com/what-matters-most-to-customersnow/
     
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  19. newguy United Kingdom

    newguy Well-Known Member

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    I must admit I was surprised by this. I can see sense to it in some cases, but there is possibly scope for it to be abused or overly relied on if it's available for that long. At the same time it's a tricky one for the government to try to balance. I wonder if they will now extend support for the self employed too. I also feel bad for those who for whatever reasons slip between the cracks and haven't been able to get the support they deserve and need.
     
  20. martin-s United Kingdom

    martin-s Well-Known Member

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    Why do you believe you're excluded?
     
  21. keys United Kingdom

    keys Well-Known Member

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    https://www.gov.uk/guidance/claim-for-wage-costs-through-the-coronavirus-job-retention-scheme

    Company directors with an annual pay period
    Those paid annually are eligible to claim, as long as they meet the relevant conditions... irrespective of how frequently they are paid (e.g. weekly, fortnightly or monthly).

    From our accountant,
    I have mentioned throughout that there was some doubt as to whether "annual directors schemes" are eligible for payment.
    Unfortunately the latest guidance form HMRC issued very late on on Friday 1st May takes the strict view of the legislation, which prohibits it, rather than allowing some flexibility.
     
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