Thursday, Nov 08, 2007

Did you believe the Government, when it repeatedly told us that the days of "boom and bust" are over? If so, think again.

Daily Mail: So just how worried should we be?

"The nice decade of noninflationary growth, cheap mortgages, soaring house prices and easy credit looks as if it is coming to a juddering halt."

Posted by disillusioned @ 12:06 PM (559 views) Add Comment

3 Comments

1. alan said...

"With each passing day, it becomes harder to see how we are going to get through this without a nasty mixture of slowdown, rising unemployment and falling house prices".

Says it all, really.

Thursday, November 8, 2007 02:01PM Report Comment
 

2. paul said...

Yeah but they make the now rather hackneyed "mistake" of consufing cause and effect:

"The main influence on home-buyer attitudes was the run on Northern Rock."

Thursday, November 8, 2007 04:05PM Report Comment
 

3. paul said...

Is it the royal "we" do you think?

I don't think I have any reason to be worried at all, so it must be the royal "we". Is the queen worried?

Thursday, November 8, 2007 04:18PM Report Comment
 

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