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Golden-Greek

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About Golden-Greek

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  1. Hi All, How could the following points impact on the UK housing market in 2005 ?? 1. US Dollar Devaluation is now on cards as more + more central Banks move away from holding US Dollars - (raised interest rates) 2. US Military action in middle East or other 'Rogue' States (e.g. Iran ?) - 3. Peak Oil - i.e. oil is in very short supply !! 4. Russia / Iran / Venezuela start pricing oil + gas in Euro's - to please EU + hurt US interests - 5. The rise of consumerism in India / China with subsequent need for commodities - leading to stronger ties with Iran / Russia / Venezuela / EU - i.e. ne
  2. Hi Everybody, Quoting the Sunday Express Property Pages today, headline reads; 'BRITONS IN RUSH TO BUY PROPERTY ABROAD' - 'An estimated 100,000 people are planning to buy houses and apartments out of the bumper profits they made from the remarkable UK housing market'. This article goes on to say how this will, 'help create a mini property boom across the world' Any takers who will abandon the UK for sunnier destinations yet ?? Best wishes, Golden-Greek
  3. Hi everybody, Some interesting points raised - Have a look at todays 'Sunday Express' Property pages - the headline reads - 'Britons in rush to buy abroad' - goes on to say that 100,000 Brits are planning to buy houses outside the UK ! I guess it's all about having the 'Balls' to give it a try ! On reflection, many countries have t.v., running water, etc., etc., (but low taxes + nice weather to boot) - Living on a boat seems a viable option but guess many people would feel insecure not owning their own landlocked 'Castle' (especially here in UK). ??? Best wishes, Golden-Greek
  4. Hi all, If readers here believe that the UK housing market will stagnate for say the next 3 - 5 years then wouldn't it be better to collect a tidy 'Lump-Sum' i.e. £10 - 15,000 + move to some 3rd World country to ride out the slump ?? I believe you could live like a 'Lord' on £300 / month ! Why be fixated + depressed about the UK housing market - live life to the full !! Recent newspaper articles have shown that a single mum is better off on the dole that an average working class family is by working, so even if you'd remained in the UK for those 5 years, without the benefit of major hous
  5. Remember - 1. Investors are motivated by either FEAR or Greed - 2. Those who OWN the GOLD make ALL the RULES - 3. Life is Full of either WINNERS or LOSERS. 4. In between these steps EAT, DRINK, and be MERRY !! Best Wishes - Golden-Greek
  6. Hi Raven, Reminds me of a snake consuming its tail !! Best Wishes, Golden-Greek.
  7. Hi All, The UK economy has moved from a 'Production' based one, at the start of the industrial revolution in the 1750's, through to a Sales Orientated' one in the 20th century. We are currently in a 'Consumption' phase. 1950's man was 'Rational Economic Man' who's consumtion choices were based on Utility - i.e. the right product for the job. Todays consumer is more prone to buy a product because of its subjective traits. Thus, we can say that the mass market today is seeking to gain some 'Hedonic' or 'Experiential' effect from consumption. Thus, purchasing a water-side residence can crea
  8. Hi All - Some Very well informed + interesting points raised on this site! Just as people grow + evolve, so do economies - here in the 'West' we have moved from an agricultural to industrially based economy, which has been in decline for quite some time. Countries like China + India are taking over this mantel, with the developed Western economies now entering the 'Virtual' + 'Services' economic period where ideas generated in say London are e-mailed to developing economies for low cost production - i.e. Global Outsourcing. I guess in this 'virtual' world where nothing 'Physical' is create
  9. Hi All - Some Very well informed + interesting points raised ! Just as people grow + evolve, so do economies - here in the 'West' we have moved from an agricultural to industrially based economy, which has been in decline for quite some time. Countries like China + India are taking over this mantel, with the developed Western economies now entering the 'Virtual' + 'Services' economic period where ideas generated in say London are e-mailed to developing economies for low cost production - i.e. Global Outsourcing. I guess in this 'virtual' world where nothing 'Physical' is created people can
  10. Peak Oil Have any of your readers come across the concept of 'Peak Oil' - i.e. when Global Supply = Global Demand for Oil. From this 'Peak' Oil output can only decline + never again meet Global Demand. In this scenario oil prices ( + Global Inflation) will increase causing an eventual Global Economic Collapse. Some noted writers put 'Peak Oil' at anywhere from 2007 - 2015. If consumption trends continue to grow in developing countries like China + India in the form of increased aspirations for consumer goods then energy demand will grow Globally thus bringing forward the time of 'Peak Oil
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