Tuesday, Sep 25, 2007
More gloomy news about the British house market
Telegraph: IMF fears over Britain's sub-prime market
The International Monetary Fund has warned that Britain's sub-prime mortgage system is comparable to the United States, sparking fears about the stability of the housing market.
Posted by quiet guy @ 08:26 AM (392 views) Add Comment
4 Comments
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1. dohousescrashinthewoods said...
Mr Brown says there's no sub prime here.
Mr Brown says we've had a sustainable boom
Mr Brown says he met his golden rule
Mr Brown says he's very good
2. wage slave said...
Mr Brown had better call an election quick 'cos his eceonomy will be down the pan by spring.
3. cornishman said...
I agree, wage slave. But I think GB has actually come to believe his own spin now about how wonderful he is - and really believes he has all the time in the world in which to dither. That's the problem with surrounding yourself with sycophants.
4. cornishman said...
Some words from: www.bullyonline.org
A bully:
is selfish and acts out of self-interest, self-aggrandisement and self-preservation at all times; everything can be traced back to the self - even the seemingly innocuous "How are you today?" translates to "Is there any comeback on me as to how you're feeling today?"
is a convincing, compulsive liar and when called to account, will make up anything spontaneously to fit their needs at that moment
uses lots of charm and is always plausible and convincing when peers, superiors or others are present; the motive of the charm is deception and its purpose is to compensate for lack of empathy
relies on mimicry to convince others that they are a "normal" human being but their words, writing and deeds are hollow, superficial and glib
displays a great deal of certitude and self-assuredness to mask their insecurity
excels at deception
exhibits much controlling behaviour and is a control freak
displays a compulsive need to criticise whilst simultaneously refusing to acknowledge, value and praise others
when called upon to share or address the needs and concerns of others, responds with impatience, irritability and aggression
often has an overwhelming, unhealthy and narcissistic need to portray themselves as a wonderful, kind, caring and compassionate person, in contrast to their behaviour and treatment of others; they are oblivious to the discrepancy between how they like to be seen (and believe they are seen), and how they are actually seen
has an overbearing belief in their qualities of leadership but cannot distinguish between leadership (maturity, decisiveness, assertiveness, trust and integrity) and bullying (immaturity, impulsiveness, aggression, distrust and deceitfulness)
is also ... aggressive, devious, manipulative, spiteful, vengeful, doesn't listen, can't sustain mature adult conversation, lacks a conscience, shows no remorse, is drawn to power, emotionally cold and flat, humourless, joyless, ungrateful, dysfunctional, disruptive, divisive, rigid and inflexible, selfish, insincere, insecure, immature and deeply inadequate, especially in interpersonal skills