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co2_is-not_man_made

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Everything posted by co2_is-not_man_made

  1. it will all come from government borrowing but as if by magic it wont increase oour debt as it is classed as a government loan
  2. I think mosty people have not spotted why the government is doing this, actually it is very clever accounting. If the government say the expenditure is a loan , it can sit on UK's Plc balance sheet as an asset, we still have to borrow money to finance universities but now it will become an asset, brilliant! just imagine how many of these loans that wont be paid off , but it wont matter it will just sit there as an assett. Perhaps we could do the same with benefits, pay them out but consider it a loan to be repaid if the person ever works again, genious, billions more expenditure now turned into an assett. It really is just all ******** and blustering by a bancrupt country that will no longer even invest in its young people and just wants to enslave them all in debt, god help them !!
  3. It is a slow day in a damp little Irish town. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit. On this particular day a rich German tourist is driving through the town, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher. The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the pub. The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times has and has had to offer him “services” on credit The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the £100 note. The hotel owner places the note back on the counter so the rich traveller will not suspect anything. At that moment the traveller comes back down the stairs, picks up his note, states the rooms are not satisfactory for the money, and leaves town No one produced anything. No one earned anything. However, the whole town is now out of debt and looking to the future with a lot more optimism. And that is how the bailout package works
  4. I dont know if people are aware but something called NEST is coming in a few years time when fully rolled out it will force people to pay 3% of their salary towards a new state pension and make employers macth this amount, apparently it will be very difficult for employees to opt out unless thay are in a company scheme and employers will be fined if they dont deduct the pension contruibution.
  5. i think that the only thing that will cause a double dip is rising interest rates and that will not happen. It will only occur if we have infaltion which is on its way, so the effect of the interest rate rise will be offset by this. The housing market dipped when lending was constrained, whilst it still still is to some extent this will only happening again if we have soveriegn defauts. In the event of this default hyper inflation will result and debt will be deflated. I really do believe that assetts have the most value at the moment compared to fiat money. Look at gold rises in the last couple of weeks , the markets know what is going to happen here and deflation of assets isnt it, not in my opinion anyway.
  6. http://news.bbc.co.uk/1/hi/business/10317283.stm Annual house price inflation is back in double-digits, according to government figures. The Department for Communities and Local Government (DCLG) said prices in April were 10.1% higher than a year ago. That was the highest rate of inflation since October 2007, when prices were on a downward trend. UK house prices rose by another 0.4% in April, putting the cost of the average UK property at £207,516. Annual house prices rose in all UK countries except Northern Ireland in the year to April 2010, the DCLG said. Annual house price growth was 10.9% in England, 2.2% in Scotland and 11.3% in Wales. But in Northern Ireland prices fell by 8.9% on average in the year to April. Mortgage lending Separate figures from the Council of Mortgage Lenders (CML) show that mortgage lending this year has been modest. Continue reading the main story The low share of the market shows that getting a mortgage remains problematic for first-time buyers who tend not to have a substantial deposit CML It said the number of loans granted to home buyers fell by 9% in April to 40,000. The CML explained that this was a seasonal effect due to the Easter holidays, and said lending was still 15% higher than a year ago. "Lending for house purchase still looks modestly positive compared to 2009," said Michael Coogan, director general of the CML. "First-time buyers were particularly affected, perhaps because of the alteration to stamp duty, and in anticipation of the changes arising from the economic and political uncertainty of recent months." However the proportion of loans made to first-time buyers was just 35% of the total - the lowest figure since September 2007. With only a gradual easing of mortgage rationing in the past few months, first time buyers are still having to put down an average 25% deposit when buying a new home. "The low share of the market shows that getting a mortgage remains problematic for first-time buyers who tend not to have a substantial deposit," Mr Coogan said. Andrew Montlake, of mortgage broker Coreco, said: "Even taking into account the traditional Easter dip in activity, the figures for first-time buyers are still disappointing, and highlight how difficult it remains to secure finance without a sizable deposit." Bookmark with DeliciousDiggFacebookredditStumbleUponWhat are these?
  7. There is of course an alternative answer and that is high inflation. I know this argument goes on and on but it remains a fact that the older generation made money because inflation melted away their debts. believe me folks it will happen again.
  8. There is a very easy way around this and i is called a salaray sacrifce. basically the company pays you less and pays that amount direct into a pension fund for you. So the money is untaxed, the company can also add to it the Ni they and you haver saved adding another 13.8% to the contribtion. All accetable to the Revenue so I have no idea why they are making such a fuss about it.
  9. Please dont forget that Brown or who ever can change the inflation target at anytime. Most of the inflation is government caused the lowered pound , the increase in duty and vat on fuel etc. No one expected the government to drop rates to .5% but they did, acceptable inflation rate of 8% anyone?
  10. Compared with Petrol...... Think a gallon of petrol is expensive? This makes one think, and also puts things in perspective. Diet Snapple 16 oz £1.29 .. £10.32 per gallon Lipton Ice Tea 16 oz £1.19 ...........£9.52 per gallon Ocean Spray 16 oz £1.25 ......... £10.00 per gallon Brake Fluid 12 oz £3.15 ...... £33.60 per gallon Vick's Nyquil 6 oz E8.35 ... £178..13 per gallon Pepto Bismol 4 oz £3.85 . £123.20 per gallon Tippex 7 oz £1.39 ....... . £5.42 per gallon And this is the REAL KICKER... Evian water 9 oz £1.49..£21.19 per gallon! £21.19 for WATER and the buyers don't even know the source (Evian spelled backwards is Naive.) You don't even want to compare it with perfume or after shave. Ever wonder why printers are so cheap? So they have you hooked for the ink. Someone calculated the cost of the ink at................. (you won't believe it....but it is true........) £5,200 a gal... (five thousand two hundred pounds) So, the next time you're at the pump,be glad your car doesn't run on water, or Tippex, Pepto Bismol, Nyquil or God forbid, Printer Ink! Just a little humour to help ease the pain of your next trip to the petrol pump... And - If you don't pass this along to at least one person, your exhaust will fall off!!
  11. Compared with Petrol...... Think a gallon of petrol is expensive? This makes one think, and also puts things in perspective. Diet Snapple 16 oz £1.29 .. £10.32 per gallon Lipton Ice Tea 16 oz £1.19 ...........£9.52 per gallon Ocean Spray 16 oz £1.25 ......... £10.00 per gallon Brake Fluid 12 oz £3.15 ...... £33.60 per gallon Vick's Nyquil 6 oz E8.35 ... £178..13 per gallon Pepto Bismol 4 oz £3.85 . £123.20 per gallon Tippex 7 oz £1.39 ....... . £5.42 per gallon And this is the REAL KICKER... Evian water 9 oz £1.49..£21.19 per gallon! £21.19 for WATER and the buyers don't even know the source (Evian spelled backwards is Naive.) You don't even want to compare it with perfume or after shave. Ever wonder why printers are so cheap? So they have you hooked for the ink. Someone calculated the cost of the ink at................. (you won't believe it....but it is true........) £5,200 a gal... (five thousand two hundred pounds) So, the next time you're at the pump,be glad your car doesn't run on water, or Tippex, Pepto Bismol, Nyquil or God forbid, Printer Ink! Just a little humour to help ease the pain of your next trip to the petrol pump... And - If you don't pass this along to at least one person, your exhaust will fall off!!
  12. reduced to A- , here we go again ! Spain next
  13. I to had this a year ago. I was in rented and got turned down for two mortgages because on i was not on the electoral role, i was but it hadnt updated in time. the lenders didnt care , all i got was computer says no. beware all those that think when they want to move a mortgage will be there, we had terrible problems.
  14. i find this unbelieable ! "The number of public sector workers grew by 7,000 between September and December, while the private sector workforce shrank by 61,000 over the period. " love this comment on the bbc website "Wow! Vacancies at the asylum - more lunatics needed." http://www.bbc.co.uk/blogs/thereporters/stephanieflanders/2010/03/not_lagging_but_not_leading_ei.html
  15. i have posted on here a few times before with a short report of how business is from the view point of an FD in a medium sized business. Banks are still not lending do not believe the hype, we had an excellent year for various reasons ,Our bank increased our bank interest charges by 1 % and doubled our bank charges, the reason given is it has come from the top they have to make more money. I can also tell you that managers now see a company overdraft as an exposure on their balance sheet,it is quite amazing that lending to business is now seen as undesirabe and an exposure. Credit insurance has improved quite a lot, the insurers finally realised that if they dont insure anyone they dont have a business, although most companies have to supply management accounts to them no older than 3 months. I fear though that if we enter into a double dip we will be back to them removing huge tranches of insurance again, these companies are parasites in my opionion and have caused many a good company to go under. Low interest rates is the reason for most vunerable companies holding on and there are lots of them, i cannot see how in the forseeable future the BOE can raise interest rates without immediately tipping us back into recesssion. getting cash in is still very hard and the biggest challenge currently, financial discipline is of upmost importance currently. Inflation is starting to hit, our bank charges have also had over a 3.6% uplift due to inflation and we are increasingly seeing this happen on other services, imported goods are flying up in price, i would estimate inflation between 4-5% by the end of the year. volumes are falling and the companies reporting good profits are thoses that cut costs early, but volumes i feel will fall through a level where even the reduced cost base will not be enough and further cuts will need to be made. Most people I talk to are struggling and there is little confidence in the future for the next year or two. This I think will be a year of treading water, I cant see how with the government cuts required , rising levels of taxation from April , falling pound and potential of interest rate rises that there is a bright future at all in the UK, i see a strong chance of a soveriegn debt default and a double dip, as a business we do make future decisions based on this probability and it has paused some big capital expenditure projects, i think this is the feeling all over the uk.
  16. The thing about this site is that a lot of people shout their veiw very loudly but when proved wrong never apoligise ! Here is your chance
  17. Perhaps it is a good thing we have signed up to the Lisbon treaty , when the country goes bust we can all bugger off to france or Spain and demand houses, dole money, pensions etc as part of our EU human rights!
  18. IMF Sells Gold to Central Bank of India By Sandrine Rastello Bloomberg News Tuesday, November 3, 2009 WASHINGTON — The International Monetary Fund said it is selling 200 metric tons of gold to the Reserve Bank of India for about $6.7 billion, its first sale of the precious metal in nine years. The sale accounts for almost half the 403.3 tons that the Washington-based lender in September agreed to sell as part of a plan to shore up its finances and lend at reduced rates to low- income countries. "This transaction is an important step toward achieving the objectives of the IMF’s limited gold sales program, which are to help put the fund’s finances on a sound long-term footing and enable us to step up much-needed concession lending to the poorest countries," IMF Managing Director Dominique Strauss- Kahn said in an e-mailed statement yesterday. The transaction, which involved daily sales from Oct. 19-30 at market prices, is in the process of being settled, the IMF said in the statement. The average price in the transaction with India was about $1,045 an ounce, an IMF official said on a conference call with reporters. The lender has said it is ready to sell directly to central banks and later make transactions on the open market if necessary. The IMF official declined to say whether other central banks have expressed interest in purchases. The 403.3 tons the IMF board agreed to sell amount to one- eighth of its stockpile. Gold prices reached a record of $1,072 an ounce on Oct. 14 and have gained 45 percent from a year ago.
  19. I find it amazing that money the most coveted thing by this materialistic society is so mis understood. I have a feeling though that people really are now questioning what the hell is going on. But there are not enough people who really understand it to do anything about the biggest con and entrapment of the human race ever invented. On one hand i hope the whole global con collaspses and we have a financial reset, but the implications of the suffering this will cause cannot be imagined. To end on an even more depresssing note i just dont see how this will be avoided, i see more bank collapses (there were 9 over this weekend in the States!) , followed by country collapses , one by one causing hyper inflation until the financial system implodes.
  20. from moneyandmarkets.com There goes oil, surging past $80-a-barrel. That's up 150 percent from the December low, in case you're keeping score. Gasoline? Wholesale prices are up more than 40 cents a gallon in just under a month ... Heating oil? Grab an extra blanket! It just jumped to the highest price in almost a year ... Corn? It's up almost a buck a bushel since mid-September ... Wheat? Rising. Soybeans? Yep. Sugar? Near a 26-year high. And I hope you're not planning on eating too much chocolate this Halloween. Replacing it will cost a lot more considering cocoa futures just soared to the highest level in almost three decades. If you're a resource-sector investor, this is all great news! You stand to make a killing from following the recommendations my colleague Larry Edelson is making these days. [Editor's Note: Want to get Larry's latest trades at a discount price? You only have till Sunday night. Click here for all the details.] Rising commodity prices mean bigger bills when you shop. But for everyone else, it just means higher prices at the pump ... a dramatic escalation in heating bills ... pricier bread ... more expensive cereal ... and so on. And you know what? Federal Reserve policymakers probably couldn't be happier! They want prices to surge. In fact, they are deliberately pursuing reckless monetary policies and a strategy of dollar debasement in order to ENSURE we get yet another round of asset inflation!
  21. from moneyandmarkets.com There goes oil, surging past $80-a-barrel. That's up 150 percent from the December low, in case you're keeping score. Gasoline? Wholesale prices are up more than 40 cents a gallon in just under a month ... Heating oil? Grab an extra blanket! It just jumped to the highest price in almost a year ... Corn? It's up almost a buck a bushel since mid-September ... Wheat? Rising. Soybeans? Yep. Sugar? Near a 26-year high. And I hope you're not planning on eating too much chocolate this Halloween. Replacing it will cost a lot more considering cocoa futures just soared to the highest level in almost three decades. If you're a resource-sector investor, this is all great news! You stand to make a killing from following the recommendations my colleague Larry Edelson is making these days. [Editor's Note: Want to get Larry's latest trades at a discount price? You only have till Sunday night. Click here for all the details.] Rising commodity prices mean bigger bills when you shop. But for everyone else, it just means higher prices at the pump ... a dramatic escalation in heating bills ... pricier bread ... more expensive cereal ... and so on. And you know what? Federal Reserve policymakers probably couldn't be happier! They want prices to surge. In fact, they are deliberately pursuing reckless monetary policies and a strategy of dollar debasement in order to ENSURE we get yet another round of asset inflation!
  22. Hold onto it, very early days yet, recommend this site if you need to connect the dots My link
  23. when are you going to admit you made a very bad call on Gold ? It still has a long way to go yet, the pound and dollar will be worthless ! Gold is an asset that maintains purchasing power it always had and always will across global currencies.
  24. The thing that is different this time is QE. No one knows how this experiment will turn out, but i think it has to be inflationary eventually, Countries have to allow inflation to erode their debt , there is no other choice. i dont think people are buying into a bubble i just think the world realises that cash is worthless. I actually think we will see 6000 again on the FTSE, I think inflation is here we just dont realise it yet., look at gold, stock markets, houses all rising in terms of sterling. This will be a period of time that if you call it right you will make or lose a lot of money, the continual debate of deflation therefore hold cash or inflation therefore buy assets and dont worry to much about borrowing money to do so. I am in the inflation camp, because the herd will only be protected through this, and to be honest if the markets, housing etc do collapse i really dont think cash is going to be too much help as society will not be the same again for a very long time. So I actually think it is a bet you cant lose to set yourself up for an inflationary shock and therfore possible higher stock markets and increasing commodity prices. This will be detrimental to our standard of living as wage rises will lag and our weak currency will increase prices, it will be painfull but a much preferable option to a full blown depression.
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