Tuesday, Mar 27, 2007
Thou doth protest too much Mr 'Helicopter' Bernanke
Toronto Star: U.S. could withstand effects of debt sale: Bernanke
All house prices (and for that matter any asset prices) depend largely on the amount of money supply. Ben Bernanke can print all he wants, but unless he has more weaponry than the rest of the world combined (which many Americans would like to believe is still true - but isn't) - he cannot force anyone to accept his overvalued paper as payment any longer.
In an nutshell, the USA is completely finished and with it, the UK also. There are a lot of nations we wronged (not even counting slavery) who are waiting to give us a good kicking. What better way to start than with a House Price Crash to end all House Price Crashes?
Posted by lvmreader @ 11:32 PM (215 views) Add Comment
4 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. royston said...
"He would say that, wouldn't he?"
2. royston said...
BTW, lvmreader, easy of the slavery point. To the best of my knowledge, none of my forebears ever owned slaves. Indeed, they didn't do so well under the ruling slave-owning classes of this country - so less of the "we" please.
3. lvmreader said...
@Royston,
Maybe you should read this: http://www.thestar.com/search?q=slavery&x=18&y=11
4. royston said...
lvmreader,
I don't condone the crime for a second. But, like a modern day Muslim, it gets right up my nose that I have to share the blame just because the criminal happens to look like me.