Yoss

It almost seems like competative devaluation!..."It's Here, It's Queer...Get used to it!"

LOL....Given how many years I have posted on this site, and how far out of whack my views are with RB's... That is very funny! Now please don't bother posting back, I am off to bed now and wouldn't want you Hi-Jacking yet another good post for my benefit.

Close but sadly there isn't a legal market for crack! Ideally grow/process your own. But If you wanna make money buy LAND, food, booze, fags etc, plenty of very large listed companies do just that and will make a mint out of this! Although you are 3 weeks behind the curve of the banksters, who thanks to the very well paid experts have balance sheets loaded up on said "Resources" ! The big losers....Funnily enough are the big faceless pension funds that answer to no one! that pay people (VERY WELL) to invest for them on their behalf!...Hey and guess who's just loaded up on US treasuries!

DEFLATION...Is not a political option, the fall out would be horrific! Inflation (The hidden tax) might irritate the UK's creditors and UK savers, but will not have a massively in debt state starving/rioting/turning on each other. Hence the preferred option of all non creditors and by proxy the vast majority of UK voters in an "In Debt" nation.

+1 here also! "The System" is fooked! What it needs is A) fairer taxes (The wealthy should pay more..Not less thanks to smart accountants, buying houses through Ltd companies, off-shoring interests etc...."So much has never been owned, by so few.... for so little") fairer benefits (AKA CAPPED!) without both and very harsh penalties for trying to cheat the system (at BOTH ends!) "The System" will never work, because people at both ends will "Cheat The System", due to plain old human nature. The people paying for it are the ones in the middle, playing by the rules...The same ones that hold the majority when voting for who sets the rules! What is clear...The rules must be changed, without change those in the middle will leave. Best way to reduce tax avoidance is to simplify the tax system. and stick very VERY Harsh penalties on those that CHEAT! Best way to reduce benefit cheats, is to remove the More kids = more benefits incentive from the system and re-distribute social housing current against need.

+1 No hope in hell of Us (we Brits) Adjusting that quickly, hence although GBP is back on the rise, I suspect investors are expecting the UK to surge forward ...and we might just do that, but not without GBP becoming more competative (AKA devalued further). That would create jobs, but the flip side is it would also create massive inflation for imported goods. Nice thing about inflation is... those in charge can decide how it is measured and switch between the 2x chosen methods of measuring it! How cool is that, One safe bet is the "SPREAD" between RPI/CPI is made ever bigger YOY! and more and more "Services" and "Commitments" are linked to the one that is the lower of the TWO.

+1 even though the taxes are low compared to EU. The benefits are low also. The USA is a well skilled but has a massively immobile work force, they are loaded with natural resources but it's gunna take 5 years + to get them on-line at current market rates and until China de-peg the currency it makes no sense for big business to start investing in the required infrastructure.....and all the time, those that stand to gain the most are still funding that deficit? They do have an the default/inflation alternative and they would be mad not to exercise it IMO. On the world stage, they may be up to their arses in debt, but debt is just a $'S debt away from the printing press. When it comes to skill/resources. They still rule the world and all without massive amounts of suppression... Land f the free..Yes! But also the land of the massively in debt.

Taking a few pictures, and knocking up a floor plan in Visio takes 30 minutes. If you think paying someone to sell your house takes 3K+ in todays internet age, then I will do it for you for 1/2 the price! Savy buyers, Rightmove then just Google street view said house! Then check out local planning applications etc, it's all there in a search engine nowdays, why would anyone sell through an EA? (in the old days the first 90 seconds counted, now however those first few minutes are now spent looking at street view and google earth/ checking out local school ratings etc.....all the fluff EA's used to blow peoples bottoms is dead wood) EA's are a dead trade, much like IT people in the 90's, why pay someone £300 a week, when thanks to the WWW it costs a fraction of the price, to look it up yourself, hell a 75p iPhone app will tell you what most most people consider local value is ?

LOL... I have had 3 hand delivered mails in the last 7 days from local estate agents saying, that they recently sold a property in in this area and buyers lining up to buy them...... Funny as at least 6 houses in spitting distance (Same spec'ish) from mine are up for sale! and looking at rightmove, some that had those houses up at at +400K 3 years ago are now only looking for sub £300K.... 2 have dropped from over £325K down to £279k in 6 months, and all this just 40 mins from the sacred cow that is Central London. Might get them round to give me a valuation price..But I have a feeling it might be low....AS nuffin is shifting and as said in previous post, The EA game isn't about mark-up it is about turnover! Right now turnover is flat and 'Sold' boards are coming down as quick as new agents 'For Sale' boards are going up! On the same houses. That screams..... Deluded sellers and managing sellers expected prices vs getting a deal is what being a good EA is all about! (Hence all the fluff about being a sellers market...Like they give a hoot...they need turnover and turnover is dead...Thx to Tightened lending criteria, and higher deposits) Just wish I had STR in 2007, and dumped the lot into JPY or GLD...Ho hum, At least we still have a home and a small mortgage (Aka Life Debt)....And a Job!...For now at least.

Never held a bar like that.... but frequently (some would say creepy) get my 20x gold 2007 Britannias out from under the floor boards (CGT FREE!) hold em in my hand and think...I am 2/3 of the way there to buying a decent 911. Smug/Flash I am not...I drive a heap of crap 12 yrs old... Because I really don't give a fook what other people think.. I just don't want my family to go hungry should it all go tits up!

Your point is valid, but many of the bugs on here were posting in 2006, now check the HPC history of the gold price in GBP and compare to pension fund performance......Many of those "BUGS" did very nicely indeed Then look at your pension fund..... If you still have one and ...reflect! Got my pension into gold July 2007 after getting a link to bullion vault article....BEST LINK I EVER RECEIVED! I am no bug and think it will continue to tank..BUT BUT BUT... If I hadn't had that link that explained how MBS worked (in normal every day terms)... and seeing massive amounts of fraudulent leverage taken by my friends...... I to would be facing a huge pension funding crisis. Had the company I work for taken the same action it would not be winding up it's final salary pension...Coz it would be in credit, opposed to the £100,000,000.00 short fall it is now in.... BUT..BUT..BUT that is why they pay professionals (Very well) to invest funds for us.

Hey I have put in numerous FOI request to explore the QinetiQ sale details...all have been refused on "Commercially Sensative" grounds! So the formerly tax payer funded "Defence Research Agency" was sold off at a fraction of it's real value and I can't I get info on it, even if it affects the public good. "Thank you for your enquiry dated 29 January 2008. This was passed to Defence Estates (DE), the Ministry of Defence (MOD) organisation responsible for managing the defence estate and has been dealt with as a request for information under the freedom of information (FOI) Act 2000 You asked about the sale price of the Pyestock site when it was transferred to QinetiQ. I am enclosing an extract from the Hansard (13 January 2003) which explained that the value of individual sites would not be put into the public domain. It therefore follows that the sale price information you seek is likely to fall within the scope of a qualified exemption under the FOI Act. The relevant exemption is s43 - Commercial Interests. This provides that information is exempt if its disclosure under the Act would, or would be likely to prejudice the commercial interest of any person (including public authority holding it). The exemption is subject to the balance of public interest. By virtue of section 10(3) of the Act, where public authorities have to consider the balance of public interest, they do not have to comply with the request until such time as is reasonable in the circumstances...... (THIS SITE WILL NOW BE THE BIGGEST WAREHOUSE 24/7 DISTRIBUTION DEPOT IN THE S/E..Was hugely Opposed by local people and sits at the end of of a very long runway. Yet even after the council rejected planning applications the fooker is still going ahead and being built! HOW HOW HOW can this formerly publicly owned land, taken by the MOD....Funded to hell and back...and sold off to the private sector for an undisclosed sum ............ NOT COVERED BY THE FOI? FYI FARNBOROUGH airport that covers 556 Acres was sold for a cool £ONE Million...to the TAG group... The same price as 4x3bed semis in the area at the time!

I always find it surprising how much "Talent" sees the cuts coming and doesn't get a better job..... before the generous redundancy package/lay off's begin! If you are that talented... You should be in massive demand? Even in the "Private Sector" and rewarded far more that you do in the public? Ho Hum, I guess massive amounts of public sector managers are way to talented for the average person like me to understand... After all it takes years of "Bull-****" to climb a ladder that really doesn't give a hoot about performance...Just "Performance Indicators!" 9 out of 10 people polled with experience of gang rape.....don't see a problem with it!

http://www.telegraph.co.uk/finance/7909522/Sir-James-Dyson-Britain-needs-to-copy-the-French-and-love-its-engineers.html Common sense article!... Written by an "Old School" inventor that created jobs, and off shored them due to "Common Sense & Cost" reasons, The creative talents in the UK still underline what we are.....they are still there (Just)....BUT they are no longer Rewarded.... Only an idiot would take a creative degree in a media ruled world! No Surprise that 32% of young UK women want to be a mood-ell...... "Really".."How Interesting".... we are so borked, Good job my nephew has taken a degree in snow boarding/surfing (Without any language classes!)

Simple Answer..... "THEY WILL FALL!". 1) Real Incomes are falling (No pay rises) 2) Taxes are rising 3) Deposits Required are rising 4) Income multiples are falling 5) MBS is a "No Go" 6) Lending Standards are rising 7) Public sector pay is about to be cut 8) Population (factoring out immigration for jobs is falling) 9) Housing benefit is being capped. 10) Unemployment at all time high All 10 helped prop it up...many fed into each other...so? 11) Oh I forgot interest rates at 400 year historic lows!

Isn't it "AMAZING" what a government cap of housing benefit will do..... Leveraged BTL landlords in those "Affluent" areas are headed for the hills! The price drop, just shows the cost to society of having more kids than can be housed by your local council is seen as a massive benefit! Not just to you...but to your local economy/school. Personally I think it is still set way to high....If you haven't worked for YEARS... Then there is no reason you shouldn't live somewhere very picturesque! Think of "Less Stress" and wide open spaces for your kids! There are some very lovely spots in areas at the **** end of nowhere where you can't exploit the black economy and fiddle the benefits system while you work "Cash In Hand". What ever next..."OFSTEAD" reports that schools in formerly deprived areas of London are now shinning examples to the rest of the UK and teaching costs/sick days have fallen like a rock.....GO FIGURE!

+1 GLD price in GBP has tanked..... No If's, No Buts! (And from a bug perspective, that's a buy signal!) I still think a double dip is on the cards/perhaps even an "Event" but right now with the measures being put in place and the cuts (long overdue) that cometh....I think the UK could have a fighting chance on a world stage, due to a flexible/skilled labour force. Pre "Broke Back"....When the UK was "Brownised".... We had but one path forward... now I think the message is getting through to the sheeple! "Buckle up/Suck it in" the waste will be lost, and quango -tastic UK will be free again to compete! although expect food/fuel/taxes to rise way above your pay increases....But having a job is (For a change) going to be fashionable, even if it pays minimum wage. Pumping out kids and exploiting your "Right To Buy"!... Farewell, the Avg wage worker will feel like a king instead of a "MUG".

I agree in part/but also dis-agree. Shareholders stump up the cash! Good managers give the results, workers will always do the work...rewarding the right ones however...is much harder. The one nice thing about big 'Down Turns' is the useless suck up 'middle managers' get wedded out! Companies that fail to do it simply fail... Spotting the ones making correct the higher mgt cuts is where the profit lies for shareholders! Those shareholders to stupid to know/demand it deserve the returns they get.

Good managers manage by setting targets and monitoring results, bad managers manage by what time you enter/leave the office. Sadly many bad mangers are out there, don't understand the work their sub-ordinates are doing so micro manage on how long you are in the office! Fred always starts at 8:00 and never leaves until 18:00-19;30 in a bad managers eyes makes Fred is a good committed employee! Where as Barney doesn't turn up until 10:00 and leaves at 16:00, surfs the internet all day .. that makes him a bad employee! Sad truth is... Barney achieves all his goals..needs more 'Goals' and needs a pay rise! Fred however clearly can't cope or is screwing you for overtime he doesn't deserve..or worse yet is posturing for a 'management position!' OR sooner or later Fred's gunna have his GP sign him of with stress! ...due to your poor "MICRO" management! Fact! BAD MANAGERS have staff with lots of sick leave,Good ones don't! (regardless how many hours their staff do!) Fact! BAD MANAGERS will have staff that 'Work To Rule', Good ones will have staff that will ebb/flow to the business needs. SAD Fact! People that suck up/play golf with the boss, are far more likely to get made managers... Unless they work for a manager that recognises these signs.

+1... Also if Fleet Hampshire? it may be on the wrong side of Fleet next to the new MEGA depot (24/7 operation) that is about to built up at the end of the best /longest/most un-used runway in the SE! Anyone buying in that area wants to make very very sure they aren't in for a nasty shock when/if the new flight proposals are approved.... With a MEGA distribution depot placed at the end of the runway I'd expect freight flights to go crazy once depot is built!

Wonder if we will see a wrecking ball plough through many vacant US homes, while many people go homeless?

LOL... we avoided that, but of the 3x graduates we interviewed (those not asking for 5-8K more than we were offering) FAILED the most simple 2 Question technical test. We ended up taking a mid 40's guy that had put himself through evening classes to get ONC/HNC from a local technical college because he was the only one that actually came close to getting the (VERY BASIC) test CORRECT! That's not what I expected at all! but the grad's weren't even worth interviewing....It was all about what they could get! naff all about what they could offer!

Love to know what bank he/she is with, a tax payer subsidised one? The hard sell was there clear as the nose on your face. When "Luxury Appointed" rabbit hutches with no parking are asking £200K.... but a bargain at only £170K if you buy 4 of em before next Thursday....is instant profit of £120K = A FAT commission for taking money from a fool! That + the cap on government subsidised housing benefit will crucify the London market £1000 per week, just so kids can stay at same school? Just try and explain a benefit like that to someone in China... even someone with a really crap GCSE in maths... would know the sums don't add up... but hey we can still "Stimulate" our way to a recovery! I think affordable housing...Is about to become a reality! but a lot of pain will come with it.

Ex is not father of the Son...He's just a plain old Ex boyfriend, that helped her out LOADS and was a much better father to her son than his genetic one. Hence failure to pay him back that 0% interest debt given with free will and no strings would be shameful. Sure it may not effect her credit rating, but when you agree to terms that good, from someone you formerly loved it becomes a moral issue. Moral trumps financial every time (Although there is a trend to call these people stupid). Hence I will back her until her moral debts are paid at very least.

I love that... Mandy gets a cheap holiday and the entire press are outraged at someone else mentioning what happens on "The Yacht"..It's just like "What happens in Vegas, stays in Vegas" mentality, but only open to people in control of the public purse. Oh and while you are on the Rothschild remember Qinetiq! Who brokered that deal of massive amounts of former "Defence Estates" land (Aquired from the public during WWII) and years of tax funded defence research ideas being sold off and a fraction of what it was clearly worth. Now 550 acres of Farnborough airport sold off for the princely sum of £1Million and soon to have the biggest distribution depot (24/7 operation) in the South East parked at the end of their runway! RESULT! also funnily enough on formerly public land. Asset stripped and then some!