Religion and Ethics Forum
General Category => Politics & Current Affairs => Topic started by: Walt Zingmatilder on January 24, 2016, 11:18:44 AM
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Profit warnings at a record high.
I thought the economy was on the up. or were we being fed bollocks?
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Bollocks!!!
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Whilst I appreciate that at 100, the number of profit warnings is similar to the number last seen in 2007/8, what is the proportion relative to the number of comparable companies? In other words, are the companies that make up the FTSE of the same nature as it was in 2007/8, and are the profit warnings coming from the longer-established companies or from more recently established ones, who potentially have less stability anyway?
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Bollocks!!!
If we're being fed 'bollocks' it is the global economic industry telling us, rather than specifically the British (or any other individual) government.
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Profit warnings at a record high.
I thought the economy was on the up. or were we being fed bollocks?
Or, perhaps, the economy is on the up, but that growth is not guaranteed to continue and variable.
The economic situation is volatile, and whilst the trend is generally but slightly up, individual companies within that - particularly some of the larger, more institutionally inert ones - are facing problems, certain markets are struggling and confidence in the markets is low.
It's almost like it's a complex situation that doesn't lend itself to pithy one-liners....
O.
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If we're being fed 'bollocks' it is the global economic industry telling us, rather than specifically the British (or any other individual) government.
I wouldn't disagree with that.