Good year to head back to the UK???
#106
Re: Good year to head back to the UK???
thanks everyone for the input, not just the way things are in the uk but would like a better life and prospects for my son and daughter, i agree must wait till i have doe my home work and worked out pro's and cons as much as i would love to jump on the first plane , i will sit back and think about everything before i commit.thanks again everyone and who knows may be buying you aa cold one in the future.
#109
Home and Happy
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#110
BE Forum Addict
Joined: Dec 2008
Posts: 3,396
Re: Good year to head back to the UK???
Are you looking at the official reported rate of debt in China that doesn't add up according to many, or the calculated rate that suggests a possible banking crisis in China within the next few years?
#111
Re: Good year to head back to the UK???
Quite a few intra Chinese provinces have been downgraded to junk bond debt and there is a compelling argument that the riminbi has been held way too low for any realistic domestic demand. I'm not sure Chinese demand isn't going to wane myself.
#112
Re: Good year to head back to the UK???
Ok everyone, let me put it this way. which do you realistically think is the region in trouble - Europe or China????
Yes it is possible that China may suffer a downturn, and it may have some financial problems. On the other hand Europe is a walking basket case waiting Ollieoll over and die.
If china was a guy in the emergency room with a broken finger, Europe would be the guy on the heart restarter - and flatlining.
I know it isn't what one people really want to hear, but stuff it. Face up to the truth chaps, and stop fooling yourself.
china MAY fail. Europe WILL fail.
Clear enough?
Last edited by slapphead_otool; Jan 6th 2012 at 2:39 am.
#113
Re: Good year to head back to the UK???
lol.
All depends I suppose, on what you had and what you have.
It certainly isn't blindingly obvious to me because I don't despite paying significantly more for my house here, a similar amount in dollars a week to what I could have got in pounds a month in the UK if I'd rented my house out.
That's for a wooden house with poky windows and tin roof versus a 110 year old sandstone house with 15ft ceilings and much bigger bedrooms.
In fact I'd hazard a guess that at the current exchange rate you would only get significantly more living space by living in the sticks like you.
All depends I suppose, on what you had and what you have.
It certainly isn't blindingly obvious to me because I don't despite paying significantly more for my house here, a similar amount in dollars a week to what I could have got in pounds a month in the UK if I'd rented my house out.
That's for a wooden house with poky windows and tin roof versus a 110 year old sandstone house with 15ft ceilings and much bigger bedrooms.
In fact I'd hazard a guess that at the current exchange rate you would only get significantly more living space by living in the sticks like you.
I guess my perspective is coloured by coming from South East England, maybe there is more 'elbow room' for the equivalent outlay further north?
My wider point about there being more differences between the UK and Aus I will stand by, maybe you will see this after you have been here for longer than the average backpacker?
#114
BE Enthusiast
Joined: Sep 2004
Location: London - but only until I can afford to move back to Sydney
Posts: 938
Re: Good year to head back to the UK???
Jesus Christ.
Ok everyone, let me put it this way. which do you realistically think is the region in trouble - Europe or China????
Yes it is possible that China may suffer a downturn, and it may have some financial problems. On the other hand Europe is a walking basket case waiting Ollieoll over and die.
If china was a guy in the emergency room with a broken finger, Europe would be the guy on the heart restarter - and flatlining.
I know it isn't what one people really want to hear, but stuff it. Face up to the truth chaps, and stop fooling yourself.
china MAY fail. Europe WILL fail.
Clear enough?
Ok everyone, let me put it this way. which do you realistically think is the region in trouble - Europe or China????
Yes it is possible that China may suffer a downturn, and it may have some financial problems. On the other hand Europe is a walking basket case waiting Ollieoll over and die.
If china was a guy in the emergency room with a broken finger, Europe would be the guy on the heart restarter - and flatlining.
I know it isn't what one people really want to hear, but stuff it. Face up to the truth chaps, and stop fooling yourself.
china MAY fail. Europe WILL fail.
Clear enough?
#115
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Good year to head back to the UK???
#116
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Good year to head back to the UK???
So you didn't go for the nice glass of white then ?
Jesus Christ.
Ok everyone, let me put it this way. which do you realistically think is the region in trouble - Europe or China????
Yes it is possible that China may suffer a downturn, and it may have some financial problems. On the other hand Europe is a walking basket case waiting Ollieoll over and die.
If china was a guy in the emergency room with a broken finger, Europe would be the guy on the heart restarter - and flatlining.
I know it isn't what one people really want to hear, but stuff it. Face up to the truth chaps, and stop fooling yourself.
china MAY fail. Europe WILL fail.
Clear enough?
Ok everyone, let me put it this way. which do you realistically think is the region in trouble - Europe or China????
Yes it is possible that China may suffer a downturn, and it may have some financial problems. On the other hand Europe is a walking basket case waiting Ollieoll over and die.
If china was a guy in the emergency room with a broken finger, Europe would be the guy on the heart restarter - and flatlining.
I know it isn't what one people really want to hear, but stuff it. Face up to the truth chaps, and stop fooling yourself.
china MAY fail. Europe WILL fail.
Clear enough?
#117
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Good year to head back to the UK???
#118
BE Forum Addict
Joined: Dec 2008
Posts: 3,396
Re: Good year to head back to the UK???
Yes it is possible that China may suffer a downturn, and it may have some financial problems. On the other hand Europe is a walking basket case waiting Ollieoll over and die.
If china was a guy in the emergency room with a broken finger, Europe would be the guy on the heart restarter - and flatlining.
I know it isn't what one people really want to hear, but stuff it. Face up to the truth chaps, and stop fooling yourself.
china MAY fail. Europe WILL fail.
Clear enough?
It was specifically about the bad debt in China and a potential banking crisis in China within the next few years. If this happens, there could be a much more global knock on effect than the Eurozone collapsing.
Your reaction suggests a certain amount of denial of what's happening in China, but perhaps you need to do that because of your employer?
#119
Re: Good year to head back to the UK???
Your point about being 'in the sticks' is certainly valid but I am still only 45 minutes drive from Brisbane (in the dead of the night, admittedly) and on over 3 acres on a property that could be bought today for under $400k.
I guess my perspective is coloured by coming from South East England, maybe there is more 'elbow room' for the equivalent outlay further north?
My wider point about there being more differences between the UK and Aus I will stand by, maybe you will see this after you have been here for longer than the average backpacker?
I guess my perspective is coloured by coming from South East England, maybe there is more 'elbow room' for the equivalent outlay further north?
My wider point about there being more differences between the UK and Aus I will stand by, maybe you will see this after you have been here for longer than the average backpacker?
So heat, coal/gas and ants.
#120
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Good year to head back to the UK???