angrysaveruk
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Post by angrysaveruk on Dec 8, 2018 17:03:17 GMT
Is anyone else worried about the escalating tensions between the US and China. Certainly causing some shocks in the stock market. Could have an impact on P2P with businesses and housing market.
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r00lish67
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Post by r00lish67 on Dec 8, 2018 17:14:31 GMT
Is anyone else worried about the escalating tensions between the US and China. Certainly causing some shocks in the stock market. Could have an impact on P2P with businesses and housing market. I'm not quite sure how you're making the direct leap between US/China trade wars and UK P2P ? I mean, I know everything is connected but by that logic there are millions of worldwide butterflies flapping their wings that could cause hurricanes here..
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agent69
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Post by agent69 on Dec 8, 2018 18:07:00 GMT
Don't worry.
In a couple of years time the fat boy will be kicked out of office, and everything will be back to normal
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angrysaveruk
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Post by angrysaveruk on Dec 8, 2018 18:12:39 GMT
Is anyone else worried about the escalating tensions between the US and China. Certainly causing some shocks in the stock market. Could have an impact on P2P with businesses and housing market. I'm not quite sure how you're making the direct leap between US/China trade wars and UK P2P ? I mean, I know everything is connected but by that logic there are millions of worldwide butterflies flapping their wings that could cause hurricanes here.. In my opinion, the biggest risk in any market at the moment is an economic/military conflict between the US and China. www.independent.co.uk/voices/meng-wanzhou-arrested-huawei-us-china-trade-war-donald-trump-global-economy-cold-war-threat-a8670671.htmlSometimes you have to look at the bigger picture. More a herd of elephants than butterfly wings.
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hazellend
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Post by hazellend on Dec 8, 2018 18:15:39 GMT
Don't worry.
In a couple of years time the fat boy will be kicked out of office, and everything will be back to normal Unlikely IMO more likely he will get voted in for another 4 years.
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agent69
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Post by agent69 on Dec 8, 2018 18:21:02 GMT
Don't worry.
In a couple of years time the fat boy will be kicked out of office, and everything will be back to normal Unlikely IMO more likely he will get voted in for another 4 years. Only if he is up against Hillary again
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r00lish67
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Post by r00lish67 on Dec 8, 2018 18:40:15 GMT
Well, ok. But from a 'will we go into a global recession' point of view, what makes this any different from the crisis with North Korea, or Russia invading Ukraine, or Donald being elected in the first place? In each case, stock markets have quickly recovered, or shot up above where they were in fact. Don't get me wrong, maybe this time it will cause a problem, but what we've seen in the past simply hasn't affected the worldwide economy the way one might expect. I could also make the argument that the French yellow vest movement could be the start of a peasants revolt throughout Western Europe, and that could hit the stock markets and P2P. My point is there's always s**t going down in the world, there has never not been. To try and time investments or dis-investments in the stock market around it is a fool's game. Edit: I'm going down the garden path here a bit, but I wouldn't say the same of impact to UK P2P from Brexit. I do personally perceive this as a significant risk, although slightly less so in the last few days as no-deal appears less likely.
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angrysaveruk
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Post by angrysaveruk on Dec 8, 2018 18:59:05 GMT
Well, ok. But from a 'will we go into a global recession' point of view, what makes this any different from the crisis with North Korea, or Russia invading Ukraine, or Donald being elected in the first place? In each case, stock markets have quickly recovered, or shot up above where they were in fact. Don't get me wrong, maybe this time it will cause a problem, but what we've seen in the past simply hasn't affected the worldwide economy the way one might expect. I could also make the argument that the French yellow vest movement could be the start of a peasants revolt throughout Western Europe, and that could hit the stock markets and P2P. My point is there's always s**t going down in the world, there has never not been. To try and time investments or dis-investments in the stock market around it is a fool's game. Edit: I'm going down the garden path here a bit, but I wouldn't say the same of impact to UK P2P from Brexit. I do personally perceive this as a significant risk, although slightly less so in the last few days as no-deal appears less likely. Although we once ruled the waves we are bankrupt sardines today. If I knew the answer I wouldnt have posted this asking for other peoples opinons. But to be honest I think it is time to exit P2P ill come back in a year if it is looking better, god only knows where this is going to end up.
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michaelc
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Post by michaelc on Dec 8, 2018 23:47:12 GMT
Military conflict between US and China? I'd be much more worried about things such as my and my families survival than I would about markets !
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angrysaveruk
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Post by angrysaveruk on Dec 9, 2018 10:22:37 GMT
Military conflict might not mean all out war it might be escalating tensions and stand offs over disputed territories. An all out war might mean we have other things to worry about although there might an increase in high yield bomb shelter loans  |
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Post by lotus_eater on Dec 9, 2018 10:30:49 GMT
Military conflict between US and China? I'd be much more worried about things such as my and my families survival than I would about markets ! If there was any kind of conflict between US & any other major power it would be game over. Do we think any of them would let the other win a "conventional" war without bringing out the radiation? Not likely. On the plus side, I lived in the USA for 25 years and I find it highly unlikely that there would be any major conflict like that. You know the yanks like to blow wind, posture and beat their chests. It's just a way of life there as is (or used to be) tea and crumpets in the UK. Trump is just the epitome of "yank'isum" doing the same thing, that's why he got in. I'm honestly less worried about Trump pushing any buttons than I would be with Hillary. I'm not a lover of Trump but at least it appears that they know where they stand with him. Not so with career politicians. They are far more underhanded and dangerous in my opinion.
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ceejay
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Post by ceejay on Dec 10, 2018 9:11:11 GMT
Interesting how the conversation moved from trade war (tariffs, etc) to shooting war. As far as US/China today are concerned, we are virtually in the first one, but a very long way from the second.
These days I think there is an important intermediate step - the electronic war. Now that's a lot more likely than a shooting war, I think - all the major powers have well developed capabilities, which only occasionally make themselves visible. Just look how disturbed the UK was the other day when just a single mobile data provider went down, and think of the disruption that could be caused by a serious interruption to the internet.
And you wouldn't be able to get to your P2P platform to do anything about it, or come here to discuss it!
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ashtondav
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Post by ashtondav on Dec 10, 2018 11:41:27 GMT
There’s only one major risk to p2p (apart from platform incompetency). That’s recession - when people and business default through unemployment and business failure. We get a recession every 10 to 12 years. The last one ended in 2009.
Guess what....
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