New Statesman - Hpc.co.uk Noted
Posted 15 September 2008 - 10:40 AM
“In economics things take longer to happen than you think they will, and then they happen faster than you thought they could.” Rudiger Dornbusch
Cap'n, you cannae change the laws of... Economics!
"If they raise rates we're toast. If they don't it's BECAUSE we're toast!" Me: Sky News March 2011
"If something cannot go on forever, it will stop." Herb Stein
"Ultimately every penny of every debt has to be repaid, if not by the borrowers then by the lenders." CV Myers
"Deflation is best understood not in relation to money supply, but by its chief symptom: an increase in the real burden of debt." Rick Ackerman
Posted 15 September 2008 - 11:02 AM
- Andrew Jackson President of the US, 1829-1837 correctly noting that bankers are a bunch of *****.
"Men, it has been well said, go mad in crowds and only come to their senses slowly and one by one."
- Charles MacKay, 1856.
Posted 15 September 2008 - 11:09 AM
Crikey, there's no pleasing some people!
Good article FP, but unfortunate timing - the stamp duty issue seems slightly irrelevant compared to what's going on today.
Splendid article which deserves the widest diffusion. Your media forays are greatly appreciated FP.
"Regardless of what the press says, house prices have not fallen... It's asking prices that are going down." Sarah Beeny, Guardian, 19 June 2008
Posted 15 September 2008 - 11:16 AM
Jonathan Davis BA MBA FCII AIFP FCII
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