Why I am now more positive about the future

Post by **kenneal - lagger** » 12 Sep 2010, 14:45

Cost me £1.80 to get two miles home the other day. I suppose I could have walked but half the journey is up hill, so the bus is easier.

frank_begbie · Post by **frank_begbie** » 12 Sep 2010, 15:04

A push bike is the way to go.
There's a price to pay for being lazy. And not just money.

Lord Beria3 · Post by **Lord Beria3** » 12 Sep 2010, 15:09

Quite right Frank.

I have been walking to town (takes a hour) and back the last month rather than take a bus or the car.

It saves money, good for my health and I enjoy the fresh air.

When I tell people this they look as if I am mad - our society has got used to such a entitled way of doing things, from the rich to the poor, that even walking rather than driving is considered unacceptable.

Still, with the cuts and PO coming, things are going to change. Thank God!

JohnB · Post by **JohnB** » 12 Sep 2010, 16:40

frank_begbie wrote:A push bike is the way to go.
There's a price to pay for being lazy. And not just money.

I would have cycled, but it was raining rather hard, which is the only reason I used the bus. I decided that it was worth the cost to save the hassle of drying everything when I got back!

Prono 007 · Post by **Prono 007** » 15 Sep 2010, 20:28

Lord Beria3 wrote:If global demand in oil outpaces supply shrinkage (through new technology, substitution in natural gas and other forms of energy and conservation) than there is still room for growth in the world economy.

I think it's unrealistic to think that supplies will never shrink. The best case is to extend the plateau for a while longer. But with oil it's not enough that supply just has to keep growing to avoid recession. It has to keep pace with demand.

Lord Beria3 wrote:It may be anemic growth in the developed West, but as long as capital can find good returns in the emerging worlds (BRICs, and Africa) than the global financial system can survive - at least in the medium term in its current form.

Well from what we've seen over the past couple of years that doesn't look to likely to me. But I don't think we should look at the last two years as any kind of guide for the future. The start of the downslide will be different and less temporary in nature than the glitch of 2008.

As for other economies, certainly Asia is very dependent on the rich West to buy up their products. In the global economy we play the part of the consumer. So if we go down so will they.

emordnilap · Post by **emordnilap** » 16 Sep 2010, 11:47

Prono 007 wrote:The start of the downslide will be different

There are many people apart from myself who feel that 'is' should replace 'will be'.