Wednesday, Nov 21, 2007

Don't Bank On Interest Rate Cuts

Fool: Don't Bank On Interest Rate Cuts

The November industrial trends survey from the Confederation of British Industry (CBI) shows that the 21% net balance of manufacturers saying that prices will rise next quarter is the joint-second highest since 1995. Uhuuhhhhuuuuuuuuuuuuuhuuuhuhuhu

Posted by confused76 @ 07:53 PM (490 views) Add Comment

4 Comments

1. dohousescrashinthewoods said...

The government will go headlong into hyperinflation to offset sudden and massive deflation. It's going to be carnage.

I am actually getting quite worried that the English-speaking world is very materially and presently headed to oblivion at terminal velocity.

What to do?

Wednesday, November 21, 2007 10:16PM Report Comment
 

2. sovietuk said...

There is a flood of bad news and data coming through now and it seems to have intensified in the last week or so. It's difficult to see anything other than a major downturn in the property market.

Wednesday, November 21, 2007 11:09PM Report Comment
 

3. Quiet Guy said...

In a strange sort of way this blog is becoming a bit dull and also a bit frightening. Why? because there are so many stories about problems with money supply, debt and financial hubris that it is not really news any more. I wish I could say this makes me happy but in reality, it makes me fearful about what the government will do next (hint: hyperinflation).

Thursday, November 22, 2007 12:35AM Report Comment
 

4. inbreda said...

David2004 has gone quiet -

probably preparing all his BTL property for sale

Thursday, November 22, 2007 10:30AM Report Comment
 

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