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House Price Crash Forum


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About Ator

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  1. man, a sheriff jw pepper thread, they are my favourite!
  2. well, for one thing if it turns out the banks are all nationalised then by definition all our debt and our property belong to hm government, it's gone full circle and what is coming next is write downs of this debt unless inflation takes care of it there are going to be some massive bailouts coming (whether or not uk is bust or not) the fear is after a shit barrage or two the will rest figure it out and it all goes baghdad. if it does that for a while this phase will pass as whatever gov does it will take away uncertainity of basic necessities very fast. that's if they are inept enough to let it come to this but I'm guessing that is where the old government machinery rumbles into action (i'm hearing rumblings) so with just your basic supplies and few months savings you can relax and sit back and watch it happen, no need to rush to the bank or to the shops. Obama is wearing off fast already...
  3. hey all, this is my investment strategy and thoughts on the current situation part of my savings is going into shares i plan to keep and hold despite the increasing likelyhood of some form of 'crash' in the offing (which itself could devalue the pound quite a bit) btw this oil price drop i believe is a temporary thing. big money shifting out of commodites and taking profits, or people thinking the bail outs are going to be effective for the banks. won't last very long essential uk assets like coal, farming, energy, wind farms will become fashionable again as they produce real things that will become expensive to import there could be a big push for home grown stuff, massive need to raise cash. sea change what is a 'bubble'? it's just money flowing into the next big thing, the trick seems to be guessing what it's going to be following a crash it's self preservation to develop your best assets long beaten down from the globalisation ploy money flowing into this area would be a good thing. as yet no evidence it's happenning but by definition crashes are fast events another thing, can't count on the government to rebuild our manufacturing base so i'm buying into it during this drop in oil and hoping owning them will hedge against inflation as well because if money flows in the share price rises and keeps going so long as the bubble lasts if the 'crash' was a '87 style event buying now is a mistake, could get some really cheap shares but if it's only say financial and retail sectors money could rotate into commodities very quickly?? that's why i'm buying now (although uk coal has tanked since I bought in on monday haha) ps i'm not a trader or have any stock market experience. zero. i did some spread betting and got burned and realise day trading is not for me trying to short the ftse. aghhh.. so came up with this instead!
  4. the fact the banks are operating a ponzi scheme isn't that far fetched it ties in with the fact so many jobs are in the service sector and essentially non-productive, only so long as the scheme can feed and grow. now add to this half of society is employed in the public sector and substantially funded by the aforementioned jobs... adds up to a bag of shite it's obvious really that the whole thing has become unsustainable if it was all so great, then why are we running a huge deficit? shouldn't we be rich and kings of the earth? what isn't so obvious is that this is a good thing because it was taking us nowhere anyway farming and manufacturing will rebound and the banks will do what they were supposed to do - lend money to finance projects not speculate in artificial wealth that benefited very few at the end of the day also deflation is the real killer here to the system, it can't handle debt drying up so they're desperate to keep lending going. but they can't inflate without destroying the currency at a time we import much our needs - oops. I believe vast sums of money are being lost right now, way more than admitted and smart money is out of the game. the shift back to manufacturing won't be easy but the alternative is we become a banana republic of some kind unless you believe the current crisis is containable. there's the rub ok - none of this will be pretty but I don't like the way things are right now, whatever it means to be british is being undermined and I won't be sorry to see the end of this game, the great thing is we don't have to do anything, just ignore the political shills and their phony rhetoric and watch them squirm the real cash in hand economy won't ever stop...
  5. renewables are only expensive compared to today's fossil fuel prices, but the gap will continue to narrow as both oil, gas and uranium run out (which is the undisputable reality we are in the first stages of) Claiming renewables are expensive might be true today but in a few years time it will be the other way round, and countries that failed to invest in them will be forced to ration energy far more than those that did - stuck behind the curve The UK is in a bad position but not the worst because of our coal and offshore wind potential and remaining north sea fields which should be good for another 5 years to transition Business will go on but not 'as usual', it will adapt despite the collapse of the financial house of cards and debt system.. most 'doomers' are not predicting the end of the world just confidently the end of business as usual, the great thing about being one is denial is ok at first but you'll end up a paranoid pshycotic before too long, to be whisked off into the looney bin
  6. Nationalised morgage co..? are you all crazy thinking this lot could run it? the yanks certainly can't. Fannie May and Freddie Mac are totally bust institutions sopping up the market and getting worse and worse loans on the books. All tied in with the debt market over there - and due to implicit state backing their GSE bonds are treated as safe - so unless they want another huge chunk of the market to implode they will have to bail them out (trillions $) should brown get this hairbrained idea then it will be mismanaged and need bailing out with all our savings, and we'll be left penniless, thankyou Brown and co. you bunch of frotters
  7. >never heard this before and twice in a day - inflation/portion size is not a problem though If you give your best portion most girls as only to pleased to get it twice a day..
  8. yes well i have thought about this a lot so don't think i haven't! my conclusion based on nothing in particular is a return to historical times like i saw in carry on films everyone agrees the benefit culture inflicted on the lower class (instead of proper factory jobs) and the insidous debt culture is to blame. so why not be stoic about the unravelling of this system, which is propped up by taxes and unsustainable gov borrowing, slave labour immigrants. good riddance to the whole lot. there will be unpleasantness to be sure but only good can result of it - it's either this or some false phony dictatorship that will come next, come on victory is being handed to us on a plate with this epic bust yes i'm being naive and optimistic but sod it why not? basterds won't grind me down, gots me wimmin to impress and this climate do not help me, hey babe I got a shed full of tools i'll fix yer banger and take yer camping.. waheey
  9. I'm just watching the bond market, if he's correct his thesis is the prop up job won't be tolerated by the chinese, opec types watching their dollar holdings devalue. with their debt they need buyers to keep buying or bad things happen. makes sense It seems to be surplus countries send US oil and cheap products for dollars, they buy US debt with them to keep inflation at bay so hand right back, meanwhile US goes on housing bubble, packages up fraudulent debt and sells to same crowd. debt implodes, tough titties except for US banks. they get bailed out with that same bond money coming in from the suckers. by completing the circle bernanke has exposed the scamola. top if off with devalued dollar - have some inflation too, and now said bonds pay less than true inflation rate. KD saying at some point they get fed up with this type of thing and go awol. must be some heavy 'leaning' going on behind the scenes though..
  10. Yup must be hard for him though, he's figgered it all out and educate tons of people I just watch and learn, then the fed comes along and fiddles the system. I think some o the guys are short as shit and getting serious ass poundings then whining about it to him. Message says back after options expiry so can't wait for back to the usual profanity and filth on the markets. Did you see what they did to Nothing? Wow, must admit he's shrewd, seemed to have an agenda so got the kd boot job..
  11. I think it's real enough but part of the BoE deal is they keep lending going. I bet these new loans come with a good interest rate (for them). Not sure if this is wise though, risky game to play but safer and cheaper than mortgage loans even with 20% down. No it makes sence to me but only when viewing this mess through a tiny prism, tis obvious they must return to traditional system where hard boiled bank manager sizes you up like yer asking for beer tab at local boozer.
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