babesagainstmachines

No, it would be impossible and pointless. I'd put my house on the market at 200% of the market value, then be forced to drop it after 2 months due to lack of interest. Or for the first two month, play the tape recording of the clanging chains and wailing in the loft. It's not the housing market that is the problem, it's the planning system and the monetary system.

In the real world, the majority of our trade is with the Eurozone. I see no reason why a falling Euro is good for the UK - it will make it more difficult to export.

You're gonna need a bigger helicopter

This is why anybody involved in proprietary trading should be disqualified from trading with clients money and giving investment advice of any sort. It's common sense that they have a clear conflict of interests.

He will just be influenced by a different set of thieves, ones that we can't vote out.

In reality, the monetary policy of central bankers is to blame. The Asians for pegging their currencies, and the Westerners for sticking to a CPI target which demands that things get more expensive all the time, when technology advances has made everything much cheaper over time. Hence the biggest global credit bubble ever. An individual company has no real choice but to chase the cheapest production, this is just a reaction to central bank policies.

No, that is what we are going to get if we (the powers that be) ARE very careful. It's the least bad option overall, once you ignore moral hazard, which of course they completely have.

The BoE don't care about CPI, except that it makes them a bit uncomfortable. They care about keeping the money supply growing.

I recommend you send any spare you have to me.

Classic !

Recovereh !!!

Recovereh !!!

10yr 3.96% Italy 10yr..... 3.95% Woohoo! We're less credit worthy than the Italians!!

Get the marshallows. Tomorrow will be fun. Over 5% over European indices. Maybe real panic will start and we will get 10% to make it a proper Black Day.

How do you know that the changes and deregulation were necessary? There are rich countries which happily trade with the rest of the world, where there are high taxes, strong unions, plenty of red tape, and shock horror, trade surpluses. Your starting point I believe is incorrect.

And the shareholders and director's of Clearaway pocket the difference. All hail the magic of the private sector- the only difference is that the skimmer's are the rich.

Who would they vote for though?

This subject seems to have gone by unnoticed in the media comments on the leaders debate last night. All 3 leaders mentioned restoring the link to earnings rather than prices for the state pension. What does this mean? If we have inflation or deflation doesn't matter... it simply means that the state pension will fall in real terms in line with everyone else's falling standard of living, but the party leaders all tried to imply that it would be a good thing for pensioners.

Have you been asleep for 20 years, and just woken up and noticed?

ERIC!!!

This seems to be the classic right wing response - drag all the workers down to the lowest level, yet pay the bosses fatter and fatter salaries. How about the private sector practice a more equitable distribution of pay, it would mean they have more customers able to buy things, rather than super-rich bosses who buy assets with their wealth, impoverishing their customer base even more.

Because they are going to print the money up. So are the Tories. That's why nobody says anything.

You're in a very similar position to that my parents found themselves in through the 1970s. Except there mortgage was ... £2,500 (3 bed semi, northern mining town). I think it's ALWAYS important to know someone's VI if they are particularly vociferous on an issue. The problem with using inflation to bail out malinvestment is that it just makes the next boom a whole lot worse, as people see they were bailed out last time by the state, and the prudent think screw this and join in. Until the economy completely collapses.

I think you state such a heavy bias towards printing money and shafting savers that you must be a net debtor. Just confirm or deny it, to keep me quiet

I'm guessing you are in debt with no savings. Could you declare any VI? I have substantial savings, no debt, no mortgage and am renting.