tag:blogger.com,1999:blog-2948538160252327076.post8915473720249486830..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: UK labour productivity collapsesAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-2948538160252327076.post-22156349379100499392009-04-03T18:41:00.000+01:002009-04-03T18:41:00.000+01:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-87746582021910636892009-04-01T21:23:00.000+01:002009-04-01T21:23:00.000+01:00As a result of lower productivity I expect overall...As a result of lower productivity I expect overall salaries in the uk to drop over the next few years. The most testing time will be with those on high mortgages whose incomes are falling and during a time when interest rates increase very quickly. There will be huge pressures on middle aged workers and FTB's in my opinion.mikehttps://www.blogger.com/profile/05772374031938763566noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-67735625560890304282009-04-01T07:14:00.000+01:002009-04-01T07:14:00.000+01:00Firms may not be charities, but charities are usua...Firms may not be charities, but charities are usually companies like any other company and if they run out of money, whther it be grants or donations, they too will be laying off workers or going under altogther. The smaller ones, in particular, are highly exposed to the downturn, because despite the rhetoric, charities will be among the first to lose their funding.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-17365361027865028052009-04-01T01:36:00.000+01:002009-04-01T01:36:00.000+01:00I guess if the value our property portfolio is hea...I guess if the value our property portfolio is heading south, it means that we will actually have to work for a living, i.e. produce stuff for export. And that means competing head-on with the Chinese and Indians. Yikes! Real wages in the UK will collapse. UK asset values will collapse. Sterling will collapse. Inflation will skyrocket because of increased import prices. On top of that, taxes have to rise to pay for the fiscal stimulus.Unknownhttps://www.blogger.com/profile/00853743381218147041noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-38332555056460157532009-03-31T23:27:00.001+01:002009-03-31T23:27:00.001+01:00So the only option is to let houses fall to their ...So the only option is to let houses fall to their real values and the economy will start again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-9058002933797492522009-03-31T23:27:00.000+01:002009-03-31T23:27:00.000+01:00@anonymous 21:38"British workers have always been ...@anonymous 21:38<BR/><BR/>"British workers have always been wheel-spinning, work-shy, drunken, over-paid, heads-down-shivering, terrified, insolent, indolent lot. Any manager from overseas can tell you that.<BR/><BR/>Does that include you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-19206891039259830522009-03-31T22:23:00.000+01:002009-03-31T22:23:00.000+01:00Where did you get these numbers? Do you have a lin...Where did you get these numbers? Do you have a link to official stats?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-81390389762447610222009-03-31T21:38:00.000+01:002009-03-31T21:38:00.000+01:00British workers have always been wheel-spinning, w...British workers have always been wheel-spinning, work-shy, drunken, over-paid, heads-down-shivering, terrified, insolent, indolent lot. Any manager from overseas can tell you that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-11535370751824097992009-03-31T15:31:00.000+01:002009-03-31T15:31:00.000+01:00yup.yup.CityUnslickerhttps://www.blogger.com/profile/15929544047783163175noreply@blogger.com