|
|
Post by beeje13 on Oct 12, 2017 17:35:38 GMT
|
|
jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Oct 12, 2017 19:12:56 GMT
That is the potential upside.
However the banks are doing this due to concerns about higher defaults due to a worsening environment. Which could generate significant downside to p2p sites and their lenders.
|
|
registerme
Member of DD Central
Posts: 6,524 
Likes: 6,316
|
Post by registerme on Oct 12, 2017 19:27:45 GMT
|
|
|
|
Post by martin44 on Oct 12, 2017 20:26:40 GMT
|
|
fp
Posts: 1,008
Likes: 853
|
Post by fp on Oct 12, 2017 20:41:47 GMT
IMO the economy is in a much worse state than we are being led to believe, the real effects of inflation have yet to be seen, they cant massage the figures for much longer.
|
|
|
|
Post by martin44 on Oct 12, 2017 21:29:17 GMT
IMO the economy is in a much worse state than we are being led to believe, the real effects of inflation have yet to be seen, they cant massage the figures for much longer. Have you noticed yourself (being a businessman) a distinct downturn? I must admit, i have, more prominently over the last six months or so, i don't actually pick up the shovel any more, but i keep one eye on the incoming inquiry's, and they are definitely on the wane.
|
|
fp
Posts: 1,008
Likes: 853
|
Post by fp on Oct 12, 2017 22:01:15 GMT
IMO the economy is in a much worse state than we are being led to believe, the real effects of inflation have yet to be seen, they cant massage the figures for much longer. Have you noticed yourself (being a businessman) a distinct downturn? I must admit, i have, more prominently over the last six months or so, i don't actually pick up the shovel any more, but i keep one eye on the incoming inquiry's, and they are definitely on the wane. Yes, I wont go into the economics of it too much, but we've seen a fall in sales on some products which are imported, despite being in a position to sell at last years prices due to pre-buying currency and stocking up out of season, ironically we've managed to bolster the figures with increased sales on some of our home sourced products which can be a bit more volatile with regard to supply and demand cost fluctuations, but which have less competition from imports this year due to sterling de-valuation, to be fair we did foresee the likely-hood of extra demand so we stocked up on these products pre-season and negotiated some good rates for the rest of the year, i'm pretty certain their rep is likely to be regretting taking me out for a liquid lunch late last year! All in all we are up on last years numbers, but not as much as I had hoped, i've been looking at a couple of projects for next year but i'm likely to put at least one of them on the back burner as i'm not feeling as confident about the economy as I was 6 months ago.
|
|
