Thursday, Dec 13, 2007

Foxtons May sell off "genius"

BBC 5 Live: Thurs Wake Up To Money

... from their ex managing directer now with Marsh & Parsons.

Also, apparently we have to wait until the 2nd week in Jan to see if the market
is in a "dip" or a downturn. Also, the ecomony is different from 89. No sh1t, it's much
worse if you ask me.

Great stuff this morning.

Posted by doomwatch @ 11:32 AM (416 views) Add Comment

5 Comments

1. maddison said...

The boom/bust of Thatcherite Britain will take some beating I can tell you! Any downturn now will not be as bad I am sure. The party then was much bigger and so was the hangover. It was also on a global scale with the US and Japan in full swing.

Thursday, December 13, 2007 12:09PM Report Comment
 

2. planning4acrash said...

Yes, please all remember that the Tories wildly, blatantly manipulated interest rates just before and after elections and there is little chance of the Tories now becoming economic saviours in their current state. Look at how Cameron is talking like Bush about mortgages, that mortgagee's should expect banks to be nice to them even though they took out loans they cannot afford. Maybe Cameron is one of those people who took out a sub-prime loan, i.e. more than 3.5-4% of salary?!

Thursday, December 13, 2007 02:14PM Report Comment
 

3. planning4acrash said...

3.5-4x salary!

Thursday, December 13, 2007 02:15PM Report Comment
 

4. doomwatch said...

Don't MPs claim mortgages as an expense these days ? Seems to be swept under the carpet in the commons everytime
someone asks for transparency.

Thursday, December 13, 2007 02:23PM Report Comment
 

5. talking rot said...

Cameron is trying hard to loose the label of "The nasty Party." He understands that the fat is well and truely in the fire.

It is a classic win-win situation for the Tories. They gain political capital from the hard-up public by spouting this rubbish. At the same time they are working with the business world to quietly re-establish themselves as the party of economic competence.

Cameron is saying something "should" be done in public but have you heard him trying to actually "do" something along these lines when in the House of Commons. Errr. No.

When I start seeing the Tories placing pressure on Gordon Brown to introduce a range of packages to assist home-owners, then I'll believe it. Until then, Cameron's words will be a cheap political stunt.

Can you recall some of the cheap stunts Tony Bliar pulled in 1996 and early 1997?

Thursday, December 13, 2007 03:29PM Report Comment
 

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