Jump to content
House Price Crash Forum

Kilham

Members
  • Posts

    686
  • Joined

  • Last visited

Posts posted by Kilham

  1. Bingo!

    Bankers are like bakers - they don't make bread to keep, they make bread to swap for something else.

    Their 'dough' becomes worth less the longer they hold onto it too.

    AS I said before if you believe so strongly play gold price options with me, offer me todays spot price in 2013. But you won't because you know you're wrong.

    Don't want to be greedy so put me down for 1 ounce at £960 - and remember to keep some change for the £1000 note I'll be paying with. :lol:

  2. 10 April 2011 19:17:11

    Brief Description found: Detached Barn Conversion 8 Bedrooms/3 En Suite Stands in grounds of approximately 6.5 aces Rural Location MORE DETAILS TO FOLLOW SOON...

    Price found: £749,950

    Status found: Available

    Subtitle found: 8 bedroom detached house

    Title found: Combermere View, Aston

    Empty, unrepaired damage, I smell a repo.

  3. We have - or had - one near here. Heard a rumour last week they didn't have the money to pay staff for this month, then yesterday they announced the store would close today.

    They probably wouldn't have lasted much longer anyway as a new supermarket is under construction nearby which should finish off a few other independent retailers here. :(

  4. But we even had fraud boosting the demand side - liar loans, etc. These must be curbed, surely.

    In a true free market the lenders making irresponsible decisions would have gone bust, the investors/savers who provided their money would have gone looking for those responsible and the remaining banks/lenders would have tightened their lending to make sure they didn't suffer the same fate. Yes it would have been painful for some in the short term but there's a reason it hurts when you hit your thumb with a hammer.

  5. We'll get a nice sharp 'crash' and this will be used as the pretext to kick off yet another round of QE with the justification that the last lot did good but wasn't quite enough.

    Should provide a great buying opportunity for those with a bit of financial nous and the available capital. Of course, these boom/bust cycles are getting ever shorter and shorter now so the game is very nearly up.

    The only way they can sell QE3 is to let the D-monster out for a bit to stomp around, maybe flatten a couple of banks buildings. After a couple of weeks we'll be begging for printy.

  6. This really is excellent news, for a moment there I thought we were fukced...

    It takes a great mind to solve a debt problem with even more debt - so obvious when you think about it and nothing can possibly go wrong either!

    You can almost smell the genius of Gordon Brown behind it :D

    (Note: it wasn't easy typing the above, had to disconnect brain for a few seconds)

    The only question left now is will Germany go for the 100th anniversary European tour on 2014?.

×
×
  • Create New...

Important Information