indirectapproach
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Everything posted by indirectapproach
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Here is something I've been musing on for a while about all this sovereign debt. If owing only three times your income is ok for a domestic mortgage, why the big problem with beginning to owe only just a bit more than 1 x GDP for a nation? Now of course, I can see all sorts of major problems for nations that should expect a GDP contraction gratis demographics, like Japan, Russia and Italy. And not being in control of one's debt has all the usual problems .... but ...
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Portugal - Fiddler Paid, Music Stops
indirectapproach replied to interestrateripoff's topic in House prices and the economy
I am starting to suffer from sovereign default fatigue. -
Spanish House Prices
indirectapproach replied to Killer Bunny's topic in House prices and the economy
Jack and Diane'sville. Good, honest, hardworking people that don't get the respect they deserve. Since you ask. -
Spanish House Prices
indirectapproach replied to Killer Bunny's topic in House prices and the economy
Yeah, give it about 4 years I reckon. -
Spanish House Prices
indirectapproach replied to Killer Bunny's topic in House prices and the economy
With all the Spanish practices that go on in .... guess where ..... Spain, I wouldn't dream of buying until I'd rented for what ....? .... at least a year. And until I have the language sorted so I can understand the legal documentation. And I can't abide the costas and Barcelona's not what it used to be but Cordoba, Sevilla, Granada, maybe Rhonda .... ah .... that's living. Thanks for the tips, really appreciated. -
Spanish House Prices
indirectapproach replied to Killer Bunny's topic in House prices and the economy
Well, well, El Pais in English. Thanks for posting that. -
Spanish House Prices
indirectapproach replied to Killer Bunny's topic in House prices and the economy
"Just out of curiosity, did you take the plunge in the U.S. of A.?" For my sins I did. -
Spanish House Prices
indirectapproach replied to Killer Bunny's topic in House prices and the economy
Anyone know any sites (online) worth looking at for Granada, Sevilla or Cordoba. I'm thinking it might be a good idea to buy something down there in about four years time. -
5400 looks like a good height to bail from in this market. Unless you've decided on some long term holds. I mean, where else to stick it?
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Last I heard that sheethole called Maidstone hadn't crashed like Vegas.
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"What do you think should be the values of m and n?" Why bother? If we did that we'd be in just as much sheet as we are now.
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Let's face it, Sibley has not been proven wrong, yet. Although he did couch his views in a quite offensive way. I wonder if Hamish McTavish, horrible geezer, is still chuckling too.
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Yeah but aren't the Argies so perky now they're talking about invading the Falklands again.
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"I could also spread my savings into USD but don't like the idea of not having a US bank account to hold USD." Hop over to New York then and open one with Chase or something. If they ask you why, tell 'em. Or, go higher up country and no red neck bank manager will ask you why and he probably wouldn't understand if you told him. He certainly wouldn't be interested. Or ask a British Bank to open you a dollar account. I have one with Barclays, no probs. Actually I have two. A checking account and a savings account. Obviously, I have no idea whether the dollar is gonna go up or down, probably up methinks. And generally, when I write a check, Chase and Barclays sicks up the moolah, at least atm. And remember, it's when the party's over and the lights have been turned off that the real party begins.
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Biggest Threat To Europe Is A Bailout
indirectapproach replied to copydude's topic in House prices and the economy
http://newshopper.sulekha.com/iveta-radicova-angela-merkel_photo_1706065.htm Ah ... cute -
Biggest Threat To Europe Is A Bailout
indirectapproach replied to copydude's topic in House prices and the economy
Expect Slovakia to get booted out when Greece fails. Slovak oiks getting played by Der Speigel. It's just too easy. -
Harry Dent - The Great Depression Ahead
indirectapproach replied to Mr Yogi's topic in House prices and the economy
And I thought this was, http://en.wikipedia.org/wiki/File:Arthur_Dent_Livid.jpg A credible observer ... -
Index Of Economic Freedom World Rankings 2011
indirectapproach replied to timebandit's topic in House prices and the economy
As I understand it, Australia, New Zealand, Switzerland, Canada, Ireland, Denmark, United States, Luxembourg and The Netherlands, all rated above the UK, have a functioning judicial system and respect for human rights. -
Index Of Economic Freedom World Rankings 2011
indirectapproach replied to timebandit's topic in House prices and the economy
Interesting to see Jermany in at 23, 7 below the UK and France, Spain and Italia no where on the list .... ? -
The French don't want to be in the South and don't deserve to be in the North but there are benefits to the Hun of having Frenchie along. When it comes to matters political rather than economic, the Hun can hide behind Frenchie. The Hun like that. Frenchie can mitigate the worst excesses of the appreciation of the Reichsmark and provide and outlet for such self-righteous Teutonic bullying as ze Jermans may choose to indulge in. On that basis, expect to see Frenchie in the North, so the Hun can cut him up into little pieces as ze Hun is doing unto ze Greeks.