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House Price Crash Forum


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About joconme

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    HPC Poster
  1. Agreed. Rome wasn't built in a day, nor did it crumble in a day!
  2. I remember a news item about the 2004 tsunami. It was about little boy and his elephant. Prior to the tsunami making the coast of Sri Lanka it had sucked the tide out so rapidly that it left fish on the coastal sand flats / sea bed. A lot of people - fascinated by this phenomena - were, apparently, running around collecting fish and generally thanking their good fortune. The boy tried to lead his elephant out onto the exposed sea bed but the elephant refused to go, and against it's masters (the boys) pleading moved in land away from the shore, and kept on moving in land with the boy in hot pursuit. By the time the tsunami struck the elephant and boy were far enough away to escape the tsunami. The punch line of the news item was that the elephant had saved the boys life! Maybe that elephant detected subsonic rumblings that put enough fear in it to make it want to escape. Who knows? not me. But what I do know is that I can hear and feel one hell of an awfully deep subsonic rumbling, and it's building . . . building . . . building, and I don't think a lot of people can see the elephant in the room . . . because it's already run away!
  3. Easy! Turn our back gardens into paddy fields, grow semi-aquatic crops, like rice, and export it to them. Hmm, this could be the next big thing
  4. Yeah. I was late filing accounts. I did this deliberately (for my own commercial reasons) knowing that I would have to pay a fixed fine for late filing. I've done this before, got the fine notification, and paid it, no prob's. This time was different though. I was directly contacted (via my accountant) by my tax office requesting payment of the fine. This contact was made 2 days prior to receiving the demand by post. On the day I received the demand I was directly contacted again (via my accountant) by my tax office. This time they left a sinister threat to take me to court if I did not pay. And the sum of money involved? £100 pounds . . . The mind boggles at the thought of their behaviour next year, because the ocean of tax receipts they're used to will be more akin to a dried up muddy billabong in some godforsaken Australian outback.
  5. I agree. But in addition there are record levels of personal debt which are currently, greatly, sustained by record low interest rates. A lot of people must surely be hanging on by their finger nails. The question is: How long can they hang on for, in a shrinking economy, before circumstances beyond their control cause them to lose grip of their indebtedness. I think the aftershocks of the credit crunch have hardly been felt yet.
  6. There are so many conflicting views regarding the economy, but surely the most authentic and telling indicator is GDP. I think GDP is an authentic indicator of what is, and therefore, what will follow. Which, as we all know, doesn't make good reading. Perhaps a lot of people are living for today and trying not to worry about tomorrow. I should think retailers could quite possibly be in for an all time bumper Christmas, but that wouldn't convince me that things are on the up. It would confirm that people are trying to forget, if only for a short while.
  7. Fear not. It's all attention grabbing bullshyte. There just isn't enough money to rescue overmortgaged negatively equitised (hmm. Is that a new word?) home owners. Just as there isn't enough money to rescue the car industry, or any other fcukin industry you can think of. And any spare cash has been, and will continue to be, snorted up by hogshyte (hmm. Is that another new word?) bankers. There 'will' be a correction. Vince and all his buddies in that political cesspit can spout off until they're blue in the face and it won't change a damned thing. PS: I think I'd like to change equitised to equitative-ised.
  8. Yeah, I agree. And, don't forget, he shagged Edwina Currie too
  9. Whether the weather be hot, or whether the weather be not. Whether the weather, whatever the weather, Gordo will make you feel grot.
  10. You forgot to tag 'in theory' on to the end of your last sentence.
  11. Yeah, maybe Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch is nicer.
  12. Not a cat-in-hells chance of wage inflation until unemployment falls back bellow . . . hmm, say 5 million. Oh, unless your a politician, w@nker banker or civil servant ofcourse.
  13. I agree. Can't think of an investment that doesn't involve risk, or that doesn't go down as well as up. Correction is indeed painful.
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