bubbleturbo

https://www.thesun.co.uk/news/13747088/stamp-duty-holiday-extension-rishi-sunak-march/#comments This time, this sucker really IS going down everyone.

Cant believe this has not been posted on this thread: https://www.thesun.co.uk/news/13747088/stamp-duty-holiday-extension-rishi-sunak-march/ This is very big news. Anyone remembers the 80s HPC knows about MIRAS and how the deadline was a significant factor in crashing the market.

Murdoch found out Tony B Liar was smashing up his Bangkok chickboy Mrs. Being Cuckolded by him must take some getting over.

Or Fungus Burberry......

When since 2004 have we had an event with such magnitude and devastating economic impacts? It is Wil-E-Coyote.

Excellent post. Best analogy I have read on here for a very long time. Well done sir!

Not an acronym but an old favourite here: TIIMMMBBEEEEERRRRRRRRRRRRRRR!

Excellent post. As you say, in 2008, rates went from 6% to zero. House prices came down a bit and the market stalled, but then various schemes got it moving again. This time, rates were low anyway so reductions are not going to make such a difference. Also, people are so over extended with credit cards, two German cars on finance, etc, etc, they don't have much or anything in the way of contingency or rainy day funds. The wrecking ball of unemployment which is coming down the tracks in a couple of months is going to mean many overextended people are very suddenly in financial tr

?? I would prefer they tried this with a live bear.

Stirred a pot of racial hatred? Rubbish. I am not a Boris fanboy but he has been doing his best and trying to lead through what are extremely challenging times. For what you have written, you are beneath contempt.

Ha. Nice one.

I think you should go up to 10% over asking. Lots of people will not be taking holidays now and instead will be buying houses the EA's are saying. You don't want to miss the boat. If you don't like it, you can "just rent it out, innit".

Really? Do you have any idea of the derivatives positions which are out there? Have you not noticed that the central banks one after another are attempting to stop the equity markets tanking? These are all emergency measures taking place outside of the planned schedules. Did you notice on Sunday evening the Fed cut even though they had a scheduled FOMC meeting a few days later? Ever heard of the Fed put?

Something different. We have seen over the last weeks with the actions of the Fed and ECB that the market is not buying it. Of course, preferably we would not be in this mess. The mess is entirely of the worlds central banks own making though. They have blown even bigger bubbles since 2008 and the world has not taken the medicine. Albert Einstein is widely credited with saying, “The definition of insanity is doing the same thing over and over again, but expecting different results.”

Yep......gold coming back again now.....