Conrad

Cameron has got some balls. Its a gamble for sure but at least he's put his **** on a block and not submissively gone along with the whole Euro sham. The Euroland want to erradicate speculation and shorting. The markets in London smell blood and they will go in for the kill this is going to get very very messy. Expect some more of this shenanighans http://news.bbc.co.uk/1/hi/business/7843262.stm

Of course but why are they coming clean now? Better earlier than latter? What do they expect to happen now change of policy soon?

Its a race to the bottom, strong economies are deliberately debasing there currencies to inject inflation and demand insentives. Vince is right this is economic warfare and QE is a very useful tool

If normal rates come back e.g 5 - 8 %. yes we can manage if we are both working and rates are at that level. Also as much as I hate the idea of SMI it if anything should happen then there is a safety net for mortagees, not for private renters (which I was for 4 years!)

I am one of those who has given in and bought a home due to family factors. Bought with 10% of list price, but its 20% off of peak with 15 % deposit 4% fixed mortgage. Inflation is happening and although the argument that wage inflation won't happen maybe true to some extent, I see my job sector increasing wages and if my career is taking off and I'm in demand so there seems to be no better time than to take on 300k of debt! I don't have any other debts, wife also works and we can get by with one person servicing the mortgage.

This thread could have come from HPC in 2006! To me its a global co-ordinated race to the bottom any country that breaks from this movement will be ostricised. Countries are playing there hands down. There is no good news, I believe that this will be the norm for sometime as the economies of the world go into lock down self preservation mode. Inflation, Deflation, Biflation are all possible yes, but what is more probable- This game is surely rigged and it would be a fool and his money to bet against everything that history has taught us. If its deflation then you can kiss society goodbye as the Romans eventually did. but what are the chances of that happening in our lifetimes? Very Unlikely .. deflation puts your lives on hold, get on with it and enjoy what time you have left on this rock.

A warning shot accross the bows, if the French and EU don't play ball the party is over. Then what protectionism and ....

Don't procrastinate your life away

I always wondered that! And now I wish i didn't! What a crock of s***

"Whateva" "Clunge" any txt speak.. OMG I'm doing it myself!

Cut the police there performance has not increased inline with the labour spending increases. Same with the NHS

Nor was signing up to the Maastrict treaty, Pension reforms Tuition fees Reducing our armed forces neither Labour or conservatives just aren't accountable

I've withdrawn all my money from Halifax. When asked why I was withdrawing, I was tempted to say money laundering :-) but instead told him due to continuing hidden bank losses and poor bank capitisation ratio's I no longer trusted them with my money.

For the love of god let those RBS **** s go down.

Nice work if you can get it what do you do?

They had some analyst on the BBC breakfast saying that just hang on to your jobs and keep your head down. Talk about scaring the sheeple into working harder and behaving!

I'm bloody glad I just snapped up a bargain house! They had me worried for a moment. Its not right and its not fair but you have to get on with it.

Bernake's Bluff. I could be wrong though

George did us a favour shorting the pound and forcing us out of the ERM and the shackles of EURO trash. The UK still has a chance

Why no? I would appreciate your opinion on this matter. cheers C

Also the longer this drags on the number of people wishing to buy will increase and this will put another prop under the market. I'm thinking young renters who want to start a family etc. The FTB numbers have been steadily been decreasing for over a decade those will......

yes why? Does anyone know?

That is a brilliant clip! Be prepared is this guy CGNAO? What ever you do do not sit in pound sterling savings you are doomed doomed I tell the.

very very scary Gold controls coming to a town near you.