MOT Prices

[nod]

I took delivery of 40 tone of MOT today To use just to tidy up around the outside of the house 

Surprisingly it’s dropped in price compared to twelve months ago Only about three quid per tone But better than the other way 

Clean mot limestone 

£19 per tone 

This can only be due to a fall in demand as last year the quary had a limit of 60 tones of building sand per day 

 

[Dave Jones]

everything will start to get cheaper now the recession is here.

[joe90]

We are not in recession unlike Germany 🤷‍♂️

[SteamyTea]

33 minutes ago, joe90 said:

We are not in recession unlike Germany 🤷‍♂️

Some parts of our economy will be though.  As we are more interested in building, we may forget about financial or legal services.

The definition of 'two consecutive quarters' can be an issue, as can converting output to cash values.

Say I make a widget by hand and it takes me an hour, I charge £40/hour.

Now I get a machine and I make 50 of the same widgets an hour, still charge £40/hour. 

My widget is now £0.80 instead of £40, but I now sell them for £30.

If I can only sell 30 widgets a week (price of saves has dropped from £1200 to £900), have I gone into recession as I am now selling less then I can produce?

Edited June 17, 2023 by SteamyTea

[ToughButterCup]

43 minutes ago, joe90 said:

We are not in recession unlike Germany 🤷‍♂️

 

Heard lots of moans and groans about it last week  - possibly especially so because I was visiting the old East germany. Money has dried right up : some blame the influx of migrants to Germany, others the war, some still blame Angela Merkel.  But its patchy. Hamburg, for example, is a forest of cranes.

[SteamyTea]

9 minutes ago, ToughButterCup said:

Money has dried right up : some blame the influx of migrants to Germany, others the war, some still blame Angela Merkel. 

Do any blame themselves?

[Dave Jones]

1 hour ago, joe90 said:

We are not in recession unlike Germany 🤷‍♂️

 

lol ok. seen the housing market ?

[joe90]

15 minutes ago, Dave Jones said:

 

lol ok. seen the housing market ?

Yes, just bought a house 🤷‍♂️ and so has my son.

[ToughButterCup]

1 hour ago, SteamyTea said:

Do any blame themselves?

 

Yes.

"Wir haben das Geld weggeschmissen.... " (tr. We have thrown our money away) was a common phrase chatting to both both East and West Germans . I think they were referring to spending priorities other than those with which they agreed. Germany has had to absorb absolutely massive infrastructure costs making good the GDR's inability to update its sewers, roads, phone network and underinvestment in heavy industry.

Attitudes though,  are still very strained between the two blocks. Schade.

[SteamyTea]

7 minutes ago, ToughButterCup said:

Germany has had to absorb absolutely massive infrastructure costs making good the GDR's inability to update its sewers, roads, phone network and underinvestment in heavy industry.

They have given some of it to Cornwall as well.

Every year they come and check up in their investment.