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Everything posted by Scooter

  1. Not necessarily. I think (perhaps away from HPC) many if not most people think it already happened. Maybe areas of high public employment may fare worse and interest rates may spike but broadly that may be it. I hope not though.
  2. In which case London property is secure...it is not a city that relies too heavily on public employment.
  3. Absolutely crazy. I am looking for somewhere "prime" (I suppose although I hate the term) in North London (NW3) and the agents have buyers all over them offering asking price for very ordinary, inflated properties and as you would expect they are suitably smug about it. Interestingly the internal areas are also being inflated (lied about!) so you overpay even more. I first joined HPC in 2005 expecting a crash soon. I have not posted for a few years, although I have been lurking occasionally. Now in 2011 I realise I have been consistently wrong about the property market, at least in London. I
  4. So you like Labour? Here is why I don't: -Gold sold at a low -Pensions robbed -Endless stealth taxes -Increasing NI and income taxes -Truly massive public and private debt -Housing boom and bust -Stock market boom and bust -High unemployment (especially if you add the people on incapacity benefits) -Poor education system (but worthlessly inflated grades), increased illiteracy and innumeracy -Poor health service (but doctors earn far more for doing less) -Bloated, useless public sector full of ideological jobs that produce no useful service (Labour voters though!) -Sharp increases i
  5. The FTSE is anticipating sharp interest rate cuts and rising accordingly. It is probably a "bull trap" though and it will drop again before rising more steadily next year. Maybe. Depending on what bad news there is yet to be revealed... S.
  6. I agree not all conversion was forced in Bosnia/Balkans generally. I have heard Indian Christians say their ancestors in Goa converted to Catholicism because they could get well paid positions under the Portuguese invaders, much the same thing. Pakistani britons forget that their ancestors were also Hindus converted to Islam by the Mogul invasion of India. They often, in their ignorance, seem to assume their families were always Muslims. If I had to blame one group in recent times for spreading radical Islam, it is the Saudi royal family who use their massive oil wealth to fund Wahhabi mosqu
  7. No contest-you could definitely beat me at jazz!
  8. I agree that freedom of speech etc are not specifically Christian but they are predominantly Western values. Jihadi terrorism in Kashmir, Sthrn Thailand, Nigeria, Somalia, Sthrn Phillipines, Indonesia, Lebanon, Algeria, Morocco, Egypt, Saudi, India (just a few examples) have nothing much to do with "Western violence and coercion" and everything to do with Islamic supremacism and refusal to coexist peaceably with non-Muslims. Islam has been invading and conquering for 1400 years, first in the Middle East (Syria/Levant/Persia) then North Africa and Eastern Africa as far South as Northern Ethiop
  9. Fear them both! the threat of Islamic terrorism and cultural encroachment is real but the massive security and surveillance apparatus put in place by our government over the last decade is pretty frightening, as is the misuse of "terrorism laws". Gotta smile though... S.
  10. I agree with this mostly. However the problems in the Balkans pre-date Communism by a long way. I would blame the Muslim Ottoman invasion of Central Europe and the part-conversion of traditionally Christian Europeans to Islam. This is the root of the ethnic-religious conflict even now, far worse in longterm consequence than any of the Crusades that we are all supposed to feel so guilty about. S.
  11. Which bit of what I said is unreliable or unverifiable? There is not much dispute about the Sunni-Shia schism or killings by Al Qaeda In Iraq and remnants of the pre-war Iraqi Army (Sunni) or the Mahdi Army (Shia). You talk about American "atrocities" that you presume are being carried out under cover of the internecine fighting but that assumption is based on nothing as far as I can see, at least nothing you have shown any evidence for. You say the Sunnis "would be kicking off anyway" and I am not sure what you mean-there was a Sunni dictatorship under SH for decades murdering Shiites and ga
  12. Actually not my statement, I was agreeing with someone else. However, aside from the rights and wrongs of the war in the firstplace, the Sunni (aided by Saudi/Syria) and Shia (aided by Iran) did not have to massacre each other post-invasion and could have tried to settle their differences peaceably, even if it meant dividing the country, which only exists in this form since after WW1 anyway. The Shia were crying out to the West since 1990 to be free of Saddam Hussein, as were the Kurds (effectively separate since the first Gulf War). The Sunni-Shia schism is about 1300 years old but it has nev
  13. At last an opinion on this thread I can agree with! S.
  14. I have been to Pakistan. I do not want to go back. Just before I went, a load of US oil execs were murdered in the Karachi port area. Just a few months after, a busload of French engineers were blown up at my hotel. Meanwhile the common, all-garden riots, bombings and killings between different Sunni groups and against Pakistani Shia and Christians persisted. I am happy you had a good time and no one hassled you. The experiences of Western women I know travelling in Muslim lands is of constant touching and other harrassment. Islam and its restrictions on normal contact with women makes for a w
  15. VOTE RESULTS Who do you blame for the credit crunch? Banking industry 31.64% Governments 48.35% Speculators 6.21% Central Bankers 2.87% Regulators 8.79% None of the above 2.14% 2753 Votes Cast Results are indicative
  16. I think you slightly mistranslated: Sellers of flats will have to bear losses if they bought ("si compraron" means "if they bought" not "compared") after 2004. El Scooter
  17. IMF raises spectre of UK house price correction By Edmund Conway, Economics Editor in Washington DC Last Updated: 3:46pm BST 17/10/2007 Britain is facing the prospect of house price declines as severe as those suffered in the US following the crisis in the sub-prime mortgage lending, the International Monetary Fund has warned. The Washington-based fund identified the UK as among the most susceptible economies in Europe to a housing market correction. IMF warns of house price correction "Housing markets have boomed in a number of fast-growing economies, most notably Ireland, Spain, and
  18. Justice, you posted that I and other Jews could not join your political party (in the unlikely event that I wanted to) because of my antecedents presumably because I am too racially unclean and impure for you to associate with but hey forget that, let's just talk about the dollar? Bizarre! S.
  19. I think being economically disadvantaged by crazy house price inflation which either stops you buying a house or stops you moving to a larger house can make people get angry and look for scapegoats, although I am not sure that was quite Justice's take on things. We all probably have a few odd beliefs-I know I do sometimes! S.
  20. Justice, Maybe you should have looked at the link yourself before posting previously along lines that all Jews are alike and all support Israel unquestionably and according to you this means they want to attack Arab countries (except the one you know who drinks a lot which you seem to disapprove of but apparently the 249,999 others are teetotal Orthodox Jews which is somehow threatening to you.) Has it ever occurred to you that you might not know much about anything unless it was posted on a conspiracy website, certainly not what you are on about here? That is what I am getting from your post
  21. Justice, Do you think there is any danger of Jews flooding the UK? Currently there are maybe 250,000 out of a population of 60m and many are leaving for the US and Israel because of the perception of a hostile environment. Do you actually know any Jews? It seems a bit odd to say you like (or dislike them) if you never actually got to know any. It also assumes that all Jews are alike in every respect, socially, religiously, politically or whatever, which is really not my experience of any group. At least you make clear what the BNP membership believes by saying Jews cannot join, unlike Griffi
  22. House prices to slow even with a rate cut By Angela Monaghan Last Updated: 8:24am BST 27/09/2007 House prices rose again in September, as the expectation that interest rates have peaked appears to have been enough in the short-term to offset uncertainty caused by the widespread credit crunch, according to a report by Nationwide. The building society said that UK house prices climbed by 0.7pc in September, to an average of £184,723. Fionnuala Earley, chief economist at Nationwide, said: "House prices recorded a reasonably strong gain of 0.7pc between August and September, seemingly shruggi
  23. It need not be feast or famine for the stock markets-there are alternatives in between. Too many HPCers seem to expect armageddon unrealistically. I agree with another poster on this thread-a stable and rising stockmarket will allow more interest rate rises and damage the housing market, albeit this is intimately linked with some areas of the sm, such as retailing and construction. In the meantime, I am staying fairly fully invested as I do not trust myself to time a withdrawal and reentry accurately. S.
  24. Except they lied to buy in the last couple of years (something you seem not to dispute), scale of problem unknown, interest rates have doubled and you think everything will be fine? You are welcome to be bullish of course but to me that defies logic. S.
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