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VacantPossession

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  1. Osborne's mortgage prop has to be quite the most stupid thing he's done, even by his own standards. Assuming it is not just an empty PR stunt to confirm properdy owning credentials with the Tory faithful, this crass measure just repeats the very same policy that got us, Spain, Italy, Portugal and Greece in the mess we're all in. Seasoned House Price Crash subscribers will know we went through this artificialk propping up of the housing market long ago (see Brown/Blair) and now Osbourne wants yet another measure to keep prices up. How utterly dim. This is a license to push prices up even furth
  2. Edited previous post. Atlantic Bridge, it seems, was wound up by Fox himself after the debacle regarding Werrity's links as a paid, but not official, advisor. The questions remain: Why is a disgraced former minister given media access to promote his views when there are still unanswered questions about his relationship with Zionist backing of his private agenda while defense secretary and where is Werrity, what is Werrity's current relationship with Fox, and why is the media not mentioning any of the above in current reports on Fox's speech?
  3. One question: Where is Adam Werrity? Another question: What is Fox's current relationship with Atlantic Bridge? Third and final question: Why is Fox given ANY airtime on any subject, given the above two questions?
  4. Fact: Ed Balls was part of a government that ruined the UK economy. New Labour is in all essence the Conservative Party and has been since 1997. They did at least spend a lot of cash on the NHS but nearly all of that investment was PFI - a mechanism for keeping longterm expenditure off the books until you lose office, whereupon it comes back to bite. Ed Balls was a key element in the PFI scam that transferred tax payers' assets to the spivs in the city and now we are paying for it. Network Rail is another scam and New Lab were as much to blame for giving away good national assets as the Tories
  5. One can only chuckle at the notion that the "return to high inflation" could be scary. The return? What? We are already in high inflation. The massaged figures are a lie and have been for many years. How is it possible that food, clothes, travel, fuel, water, insurance can increase so savagely yet reported inflation is a couple of percentage points? Nobody believes this utter b-u-l-l-shite.
  6. There are only two TV correspondents worth listening to on the economy: Paul Mason on Newsnight and occasionally Faisal Islam on Channel 4. Paxman has almost zero financial knowledge and his otherwise rapier like questioning is entirely suspended when the thugs and hooligans of the City and Wall Street are wheeled on with the usual excuses for their criminal behaviour. Paul Mason appears to be in his own corner. His excellent analysis of the Spanish Property collapse should have been repeated with a UK version, but no doubt he was constrained by the BBC who try to report on every possible "s
  7. Haven't been here for a long while but I saw this comment, and would usually agree about Peston. But it's the first BBC/Peston piece which didn't have him bumbling along with that silly voice and it was surprisingly good for the Beeb. No doubt Peston is better when scripted and everything he said made sense. Should be seen daily by those who still think there is mileage in property speculation, and what the programme did achieve - for once - was an emphatic confirmation that almost all Euro debt is predicated on housing "investment". Seems obvious to most here but for those who are still unde
  8. Sony have had it coming to them for over a decade. Overpriced, pseudo "quality" computers which are no better than other makes at half or two thirds the price. Over-expensive black, and white goods that didn't notice others had caught up and overtaken. Snobbish "Sony" centres all over europe all struggling to survive Sony's restrictive franchise rules (please indicate where your own local Sony centre has closed). And of course the shift to download music and software away from Sony's premium output which it did not discount enough.
  9. This programme is about naivity in the extreme. The one thing it demonstrates is that in order to be a millionaire, it requires a great many other people NOT to be a millionaire. I see that even a couple of very gullible and sad people on this thread have been taken in by this unmitigated rubbish. Nearly all those claiming "success" on this programme fall into two categories: Either they are tapping in to the end of a property gambling boom by sheer luck, or they are making cash by teaching others how to....er.....make cash. This IS multi level marketing of the worst kind. Not a SINGLE ONE of
  10. Just a few words on the posts about "culture". Culture is everywhere. To say that Australia lacks it is a poor excuse for not staying there. You can trawl the streets of Colchester, or London, or Oxford, and if you are determined not to find "culture" you won't see it. Aussie has priced itself out of housing, just as the UK has done. Thousands of Brits emigrated there between 2003 and 2007 having made an enormous tax free profit on their sold houses before they went. But now Australian housing is ludicrously expensive and there HAS to be a major property crash sometime soon. It's just a matt
  11. Climate change is a preposterous subject to be a "minister" of. You might as well be minister of thunderstorms, or earthquakes. Anyone who has absorbed the exposure of the IPPC, East Anglia University, Al Gore and all the dramatis personnae of the climate change lobby who have been shown to be charlatans, spivs, vested interests and promoters of panic stricken hype out of which many have made fortunes, will know that pollution has many sources, and global warming through carbon is the LEAST worrying aspect of all of them. But even if you do not accept this, the hypocracy of those who control
  12. If people would just stop posting about the Express, it might go away. But everyone here insists on quoting it. You might as well quote the Beano. Actually that would be more useful. Can't we give the Express a rest?
  13. Each European nation that is bankrupting itself has several things in common. Too much money invested in property as a SUBSTITUTE for real wealth. Too much roulette playing instead of building infrastructure. Too much reliance upon fluff rather than solid economic growth. Too much speculation. Too much reliance on what "markets" say and do rather than looking at the reality of backbone economic productivilty. Too much concentration on the "Euro", which is just an exchange of currency, not a representation of productivity. Too much reliance on the word of economists and "experts" who are all pa
  14. I see. How many public BT telephone boxes have you witnessed working in the last five years? My point is that you cannot really compare what was considered a luxury 20 years ago with what you might perceive is a luxury now. Of course the biggest luxury of all nowadays is to have a reasonable roof over your head. Strange contrast.
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