Winseer:
eagerbeaver:
Thousands and thousands of new lorry drivers and thousands of loads coming off lorries to go on trains.Fasten your seat belts folks, here comes another decade of wage stagnation…
Interestingly, the expectation that Housing would collapse “at any time” - kept a lot of young speculators out of the market, leaving rising home prices to those that actually intended to live there, meaning - guess what? NO collapse in 30 years…
If you expect a market move to happen, then your behaviour is likely to change that will re-work the market in the opposite direction than expected.
The same applies to driver wages right now.
The people who expect the imminent stagnation - will be those who “wouldn’t be seen dead at an agency” - meaning the premium rates get left, under-supplied and therefore UNDERPINNED, whilst dead-end jobs on £10-£12ph will keep their drivers working silly hours over and above “average worker hours” - just to make ends meet.
Why do a 60-84 hour week job for peanuts when you can now write your own ticket for 10 months of the year doing 35-40 hour working weeks for the same money?
If you expect it - it won’t happen.
Therein lies the reason why “Most market speculators - lose money”.
Even taking out a “Fixed rate mortgage” in THIS market - is a punt going wrong ,albeit “slowly”.
You pay over the odds interest rate for the “peace of mind” that if rates rise sharply, you don’t get caught out.Trouble with that is, that rates are most dangerous when considering years 8-25 of a full term mortgage NOT the 1-5 years the typical fixed rate “Product” covers you for, only to then expire just as rates become unstable (either rise, or more likely you can’t qualify to get any more) so you didn’t really gain anything for all that extra money you needlessly paid in interest…
The financial sector - tends to make things available that they won’t have to pay out on, as ultimately they are LAYERS (Bookmaker Counter-Parties) meaning that if the buyer Gains, then that “Gain” come out of the firm’s pocket…
Firms like Bulb and others in the Energy market - have been forced to cap energy rates, which then left them wide open to a sharp rise IF they hadn’t hedged in the market by “buying forward”.
Who’s happy for the Government to bail them out - because they punted the market, and got it wrong big-time?
You take a risk by acting, you take a different kind of risk by sitting on your arse.
Either way, it is possible to LOSE.It is never possible to “Win” really, without some risk somewhere of losing, so in the end - we are all gamblers, whether we realize it - or not.
I predict then that:-
Housing will continue to rise (Too many people, too few houses being built)
Agency rates will continue to rise, and cast-iron contract full time rates - will stagnate at everywhere other than firms like Supermarkets who have done well out of the lockdown.
The Tory’s fortunes - will ultimately flounder by causing so much upset in the energy market, started by May, and then signing us up to crap like the Paris Accord that does NO one any good, not even the Tree Hugger brigade, seeing as this Cop-out 26 thing - has the delegates and leaders arriving in carbon footprint devices that make Sasquatch look jealous!
Even Remainers must be shocked at how “Remaining” caused them so little harm in the end, but now “Climate Change Chasing” has put the entire economy in danger in ways that even Covid and the Lockdown - couldn’t manage!I don’t agree with that False Prophet swedish teen on anything BAR her latest potty-mouthed estimations of the Cop26 conference…
In this case the government has actually stated that it intends to ■■■■■ truck miles and with it driving miles in favour of putting the freight on rail.
That process is already underway and the effects already being noticeable.Both in terms of the quality of work on offer and the amount of drivers walking away from the job.If not, not wanting to enter a dead end industry with no future for anyone who wanted the freedom of the open road lifestyle.
There’s no gamble in that situation it’s a one horse race which will increase the living standards of train drivers at the expense of truck drivers.
Who’ll also face the insult of a job more orientated towards ‘other duties’ in addition to a wage structure that by definition moves away from being able to and needing to pay 9 hours + at class 1 driver rates.
To driving rates paid only as and when required to drive but general warehouse operative rates while they are off the road.While according to the plan it will also mean downsizing of truck weights and sizes so probably often class 2 rates not class 1 rates.
As for the housing analogy not many people want to live in a high density urban nightmare that’s all about maximising profit for the developers at the buyers’ and the existing residents’ expense.If they try to pander to the country’s unbalanced housing demand it will just trash such areas to the point where no one really wants to live there new or existing.
While the increased population levels mean that demand still outruns supply even faster.
Which is why some of the most expensive housing in the country is in areas with the most existing urbanisation and thereby supply.
As for Greta a so called ‘eco warrior’ who’s pushing a nuke and tree burning biomass fuelled agenda.Because the elites who are running the electricity generating and supply industries have told her that CO2 cooked Venus and she believes them regardless of the laughable conflict of interest.
Or she’s got some ‘other’ motive bearing in mind no objections to ‘developing countries’ burning all the fossil fuel instead.
As opposed to the government doing a U turn on the climate scam and ditching the plan for rail and allowing LHV’s and removing road fuel duty for commercial use.Thereby creating a level playing field with rail as part of that.
As it stands anyone supporting the government’s present policies are just turkeys voting for Christmas as eb has rightly said.
