House prices surge to record high
Most businesses have adapted to the new norm. As long as the government keeps things moving I think we'll be okay.
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House prices surge to record high in August but Halifax warns job losses could hurt property market. Obviously, a lot of people are assuming that because you are going to make redundancies they are keeping people on until just before and if you have 100 over redundancies that would be a 30 days warning to the government effectively.
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I think that is one of the challenges but I actually think most businesses have adapted to a new norm and as long as things stay okay and the government keeps the things moving then I think we’ll be okay.
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It may sound very optimistic, I know there’s a lot of people saying no things will drop off the place of the earth and all that sort of stuff. The reality is banks were cashed up before this.
Their reserved requirements are cashed up, effectively too much cash, well not too much cash. But certainly in the last recession they can survive that. The other side of it is there’s a lot of the stimulus happening, there’s a lot of things that are out there liquidity in the marketplace that allows this to happen.
House prices surge to record high in August but Halifax warns job losses could hurt property market. Obviously, a lot of people are assuming that because you are going to make redundancies they are keeping people on until just before and if you have 100 over redundancies that would be a 30 days warning to the government effectively. I think that is one of the challenges but I actually think most businesses have adapted to a new norm and as long as things stay okay and the government keeps the things moving then I think we’ll be okay. It may sound very optimistic, I know there’s a lot of people saying no things will drop off the place of the earth and all that sort of stuff. The reality is banks were cashed up before this. Their reserved requirements are cashed up, effectively too much cash, well not too much cash. But certainly in the last recession they can survive that. The other side of it is there’s a lot of the stimulus happening, there’s a lot of things that are out there liquidity in the marketplace that allows this to happen.
