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House Price Crash Forum

24gray24

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  1. Come on, the central banks are stuck in a debt trap. Put up interest rates, and the economy implodes. Don't put up interest rates, and inflation explodes, then the (debt based) economy implodes.
  2. The money was leaving. It became really visible in 1980 when the machinery was just being auctioned and shipped to the far east. Fortunes were made while 3 million went onto the dole. I don't believe it wasn't planned earlier; no investment for so many years until england looked run down. Couldn't be chance. The money was leaving! It was socialism driving it, and workers striking, and management trying only to have a class system. The shareholders just ran it all down while they pursued better opportunities elsewhere.
  3. Fire engineers have an incentive to assess cautiously now.
  4. Both workers and management were to blame. Also government for ever higher taxes . If companies made any profit, the shareholders just pocketed it. There was no investment in machinery. I suspect money was already being siphoned towards countries with cheaper labour. It was the start of it. Factories here were just being run down then closed it turned out in the 80's. But it looked like that was pre planned in the 19 70's with everything left to run down and no investment.
  5. boris may go downhill faster than anyone imagines now. Levelling up is what people want. So the Tories pretend that's their mission. But they're the opposite really, rent seekers as you say. At some point people will switch again. But I'm not sure it will be to Labour.
  6. Oh well, you'll footle around declaring you've won the argument for another 5 years then. And voting labour.
  7. You're voting for union. Given your nationalist sympathies it's an offer you cannot refuse. But what I keep pointing out to you and what you keep ducking is: then what? You and I both know northern Ireland is a poisoned chalice. And we also both know the Tories are evil enough to land you with it. So your guess is a border poll will never happen and if it does all will be well? Mine is that the Tories are capable of calling one in the hope of passing the whole problem off to you. Are we that far apart really? Our views on the tory party are pretty much the same; and that's about all you need to draw the conclusion.
  8. They're not living like that. They're living their lives and telling the political classes to go right off. The bitter remainers are chasing their tails trying to make economic arguments, European arguments etc. Brexiters never hated Europe or business, so they're barking up the wrong tree. I might be wrong, and remember I'm only one voice, but I think Brexit is a warning shot against the status quo. People are fed up with it. And if the ptb don't take the hint, it will get more virulent.
  9. They're taking a holiday after a manic 3 months and watching the football. They'll start a blitz after it ends on the theme of inflation fears and low bank interest. That's my guess.
  10. Didn't Dr doom say the central banks are in a debt trap and cannot now raise interest rates? So it's inflation all the way.
  11. I'm extremely sceptical about the claims made for bomad. I've come across bomad's that are installing their children in the flats to pay the mortgage as tenants. Or asking the deposit back when they sell. It's often just an investment into property because the bank is paying nothing. And they suspect inflation is coming. And some are doing it in anticipation of care home fees. Directly something comes along that offers real returns, my guess is they will all stop at once. So much for the claims about early inheritance.
  12. Shamelessly one sided then. Let's have a border poll since you're calling a majority. D) begging the question then. E) you don't have a better one. Unless you think that a to c explained something.
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