

maverick73
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About maverick73
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They wont last, the Liberals will make a comeback with a local version of we are the world mandate... unfortunately the BoE have control over the money and the interest rate... they continue to say we need to build more... but really they need to raise interest rates... to reduce prices and give employees better bargaining power for salaries.... but they don't want to do it... they are happy to expense four day £1.2 million pound jolly to the US for its execs but they are not people centric... Hopefully Brexit happens and it is hard and nasty because it will open up the nasty can of worms being hidden, exposing the truth of the countries behaviours regarding people and money.
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What is it with the Fed raising IRs?
maverick73 replied to Si1's topic in House prices and the economy
Damm there goes my idea for a new toilet roll -
They are self centred ego driven...
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Want your own home, have wealthy parents
maverick73 replied to localhero1983's topic in House prices and the economy
All it shows is a political system engineered not to help but to leech. -
The Bubbly Bitcoin Thread -- Merged Threads
maverick73 replied to NatterJackToad's topic in House prices and the economy
It started at zero and it will go back to zero... too many suppliers and the currency can never work without central bank blessing. -
The House Price Crash has started ?
maverick73 replied to TheCountOfNowhere's topic in House prices and the economy
Nope... the current values are being underpinned by the UK's government loans, and central banks interest rates. -
it's all a money game...Germany accounts for 1/3 of the EU's economy machine, the UK accounted for 1/3 of the same. Germany's 1 & 2 biggest exports are to the UK & USA, while opening up in China. The US are renegotiating trade deals, the UK being the US sand bag will toe the line, and China's experiencing a money withdrawal, and heading back home to Washington.... hence the EU economy is gearing up for a crash.
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Child care, Housing, Food, lifestyle.... all cost money..... Unless they correct wages, human aspirations go out the window..... because only the few can afford it...
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Living the credit dream, on invisible money, but actual debt.... they are feeling rich today, gone tomorrow.... ?
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Benefits are a myth to me. If an average earner take in £2000 per month.. after tax... do they qualify for benefits? From my prespective they all come to bank pounds, and will leave accordingly. The ones who stay behind will expereince a squeeze, as inflation is chomping away at standard living costs... henec why food banks are becoming more the norm.
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Unfortunately, we're living in a supply and demand crux. Being within the freedom of movement, has driven up demand for accommodation, as many with prefer a UK life, over the other 27 member countries. Governments who propping up prices since Year 2000, with many MP's acting as landlords Low Interest rates to attract young into spending beyond means... forcing them into a continuous life of debt. It is what it is.