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House Price Crash Forum


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Posts posted by 24gray24

  1. There are 56 MP's under investigation. 

    Anyone who lived through the 70's probably. 

    If hookers can collect twice, once for a trick at the time and a second time for millions years later, then everybody can claim. And no doubt will. 

    Beats working for a living. 

  2. The scale of the bubble is far bigger than 2008. 

    So the assumption the downturn will be about the same as 2008 seems a bit optimistic. 

     the 2008 downturn was arrested by extraordinary measures. They can't arrest the next one by those measures, they've already shot that bolt. There isn't the international co-operation to repeat it either. 

    So imagine 2008 without government intervention. Multiplied by 2 or 3. That's the rough look for an everything bubble collapse. 

    If it happens. 

  3. 11 minutes ago, Flat Bear said:

    You are talking about a 1930s style depression only much much worse and lasting much longer. You could be right and it could be the only way but I hope for all our sakes you are wrong.

    That's on one side. Plus inflation on the other. 

    So house prices, stocks all dropping at the same time as cost of living, everything in supermarket going up steadily. 

  4. 26 minutes ago, Staffsknot said:

    Yep I've given up bothering with him now. Truth is everything is his pension in every thread.

    Just going to correct any nonsense posts that come up and engage with the people actually wanting to talk about the situation and not just shrug and go I'll be ok.

    What I find hillarious is he cited reading Asimov and old scientists holding back thinking - he's an old scientist so clearly he must be a blocker to wiser thoughts / head in the past... sometimes they hoist themselves by their own petard

    There are worse people in the world:  people who are willing to shoot total strangers for money and who think they're entitled to a big fat pension at taxpayers expense at the end. 

    Makes a poor grasp of science look like a trifling fault by comparison. 

    We all know nothing is going to be done about climate change, don't we? 

    So why get upset when some people believe big Corp propaganda because they don't want to pay for it. 

    And other people are willing to shoot total strangers: so theyll be used in the scramble for declining resources. (Which could lead to ww3 and a bronze age collapse.)

    It's the future, isn't it? 

    65 feet of sea level rise, 2 billion people turned into refugees, and nothing much done to stop it. 

    Isn't this just the reality of how history was made? We're  all living through it. 

  5. On 12/07/2021 at 13:52, spyguy said:


    There were no BL factories abroad.

    I cant think of any 1970s UK company that had much of a footprint abroad.



    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. 

  6. 2 hours ago, coypondboy said:

    Looks like those extra fire engineers are clearing the EWS1backlog in London with awful consequences for those affected, felt sorry for the critical care nurse who only bought last year she should be suing her conveyancing solicitor for not spotting this in the management pack.


    Fire engineers have an incentive to assess cautiously now. 

  7. 22 hours ago, 17clarence said:

    That's ********.

    My father in law worked in a big factory for 40 years, in the 70's and early 80's he told me if they wanted an easy day they'd sabotage the line, then go to the canteen while the engineers tried to work out what went wrong.


    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. 

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