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About ken_ichikawa

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    Manchester / Bolton

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  1. As again Yawn.... this is NOT a crash. As again HK had crashes of 60%+ in less than 4 weeks. If it were a crash that 140,000 house would be 56,000 and not a pithy 130K.
  2. There is always global war to hoover up any excess consumption. As I said a replay of the Korean conflict would be highly convenient.
  3. The thing is while they are doing the best thing economically for themselves today and now. The largesse is going to end one day and its all going to go pop. It is absolutely inevitable for it to end one way or another. In benefiting now they make themselves utterly unemployable in the future... The guy next door for example, in fact this entire street I'm the only person who works. Sure they rake in the state hand outs now. But when it goes pop who will employ them? They;ve been unemployed for decades. While I've always been in work ALWAYS maybe not fancy well paid jobs. But when the reset comes it will be suckers like me and you who it makes no real economic sense to be working who are the employable ones and hopefully have capital to be the winners in such a scenario. As I have said the reset is completely inevitable, they can delay it a bit but one way or another the reset has to happen.
  4. Are you RB in disguise..... everything points to inflation. Deflation will of course come one day..... after the hyper inflationary collapse. Which is kind of moot.
  5. I hate this, if they are paid less than market value then tell them to put their money where their mouths are and quit and go get his real market value..... darned public sector workers employees
  6. Pah, pathetic we can (and will) just print some more money to increase GDP! printy printy
  7. And what is this panic button? Its big and red and says PRINT on it... Heh I don't see RB around much these days...... printyprinty
  8. They are already negative (with QE). So what now - 200000% printyprinty
  9. It was colder than expected and I was wearing a thin top and jeans on me motorbike.
  10. Did anybody read the Sun today.... I was stuck in uber traffic on the M6 today and stopped at services to have a break... Shockingly it spun house prices to shoot up by 2015... The thing is it twisted it to say that this is BAD news. About how it forced more people to rent (and set the tone as if being forced to rent was like being a second class citizen)... It also had a sentence about how HPI wasn't a good thing Has the worm finally turned?
  11. Except you forget one thing. In a real Injin world free market society, your costs would fall substantially as well. As rentiers would cease to exist. There would also be plentiful raw materials and land in which to make a living out of. Instead of the land laws and rights claims which mean all materials and land are held in the hands of few at gun point.
  12. min wage? In my day we were paid ONLY commission... One of my worst jobs was tricking people into calling a £1 a minute phone number... it was a short job I felt morally obliged to walk out.
  13. Guess what TPTB will do in a futile (and inflationary) attempt to prove you wrong? Go on guess....
  14. Oh no it doesn't. China went through a very very nasty and mad period for about 27 years after the commies took power. Loony policies were enacted all the way up to the end of the cultural revolution in 1979. At which even loonier policies were adopted for a few years. Taiwan had a white terror period from 1947 all the way till 1988 when Martial law was declared and upheld till early 88. Insanity can continue far longer than you can remain solvent. Imagine if the UK government.... or rather when the UK government adds a zero to the currency every couple of days.... you reckon you could stay solvent longer than the insanity?
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