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House Price Crash Forum


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Everything posted by PalmerEldritch

  1. True but... Anyone who has been through a year end audit with a large company knows that the balance sheet holds many hiding places and items that really should be written down can be disguised if needs be. Unless it is significantly material the auditors can only dig so far. If a massive write off is booked it’s because the mgmt either want it or can’t hide it. Unsure what is happening with Lloyds but it’s my guess they are kitchen sinking since the government have f*cked them over on the dividends anyway. Share price should recover in 6-12 months time. Less if there’s a vaccine soon.
  2. Resident momentum loonies scratching around for something on a slow news week? Obviously got tired of laying in the road outside of Cummings’ house.
  3. It’s at 28p because the mgmt just kitchen sinked 2020 and booked £5bn in bad loans to the P&L. Those would normally have been spread over several years but it is Covid year so might as well clear the decks. Oh, and the government told them they can’t pay a dividend this year relating to last years profits. UK investors don’t like not getting returns.
  4. Agreed. Why not say over 60’s and those with underlying health issues continue to shield (if they choose) and everyone else back to normal. Concentrate testing and protection on those that need it and open the country back up for those who don’t. If you aren’t in the danger group you are probably more likely to die in a road crash or a home accident. The science is much clearer now and with every passing day it seems more extreme to be locked down.
  5. Definitely hope that prices take a tumble over the next couple of years but I’m not reading too much into these bank write downs just now. They’ll be doing much the same as every big company (including mine) this year and getting rid of stuff on their balance sheet they really should have written off already. In the words of one of my bosses “If it’s going to be a bad year then let’s make it a terrible year“.
  6. Nonsense. Slovakia and Czech Republic barely had any cases. Countries with major transport hubs (London, Paris, NY, Madrid etc.) meant a disproportionate infection rate into those communities. There are several countries in Europe who locked down successfully and quickly with no first wave. Problem they now face is with restrictions easing they have zero immunity.
  7. This thread has absolutely nothing to say about Boris Johnson or Dominic Cummings so is clearly irrelevant to House Prices And The Economy? Seriously...hoping for another 1% monthly drop as a minimum. Can’t be too far off year on year negative soon before the new Great Recession has even started. Prices should be toast in 6 months time once all the redundancies flow through the system.
  8. The banks have been stress tested by a 30% hpc since the GFC. They’ll be fine but the idiots who have over stretched their selves this last 10 years will be in big trouble. F**k them.
  9. Why? What’s that got to do with him breaking the lockdown rules (or not). You just want some blood even if it has to be his parents for a supposed planning issue. Your leftie witch hunt is getting sadder and more desperate every day.
  10. https://order-order.com/2020/05/28/watch-jeremy-corbyn-met-with-son-weeks-ago/ So are you going to start a thread to get JC jailed as well then or is he not culpable because he’s not a Tory?
  11. The only people desperate enough to call a radio phone in have already taken an extremist view. The silent majority, as with Brexit and GE, couldn’t give a ****. Get over it.
  12. Funny how it is the same ‘outraged mob’ on here screaming out for his head that were outraged at Brexit and the general election result. The guy drove in his own car directly to another family residence where he could rely on help for his 4 year old kid. At no time was there a risk in spreading the virus. None of that matters though because you’ve decided that you have to burn the witch. The local Labour MP insinuating he could now be responsible for an increase in local cases is the most disgusting twisting of facts I’ve seen for a long time. Politically driven nonsense. The Tory MPs jumping on the hate wagon have all wanted rid of him for political reasons and have seen an opportunity. Shameful behaviour all round IMO. Sick of the whole thing.
  13. Absolutely agree. Boris and Cummings just ran the campaign that saw Labours worst result in generations. To give in to the leftie media that still refuse to accept the new reality would be a sign of weakness. Legally the guy has done nothing wrong and the last 48 hours has been a witch hunt. Just saw Starmer on TV saying “if I was PM I’d sack him”. Almost fell off the sofa laughing. Enjoy the next 4 1/2 years in irrelevance Starmer. You’ll never even get close to PM in your communist, anti Semitic party.
  14. And here you’ll find a link to your so called expert. Hardly the impartial scientist... https://order-order.com/2020/04/14/top-scientist-attacking-government-passionate-corbynista/
  15. Dream on Corbynista/Tin Foil Hatters. You lot need to make yourselves a cocktail, put on some Netflix and chill out. Nutters of the world united!!!
  16. Oh look. The far left, anti-brexit loonies have overtaken yet another thread. This website is dead now in terms of its original function. Sad times.
  17. You really are a proper nutter. I remember when this website was an amazing source full of independent, intelligent, economical thinkers. Learned a lot back in the mid 2000’s and through the financial crisis in 2008. It’s a real shame how far standards have dropped in the last decade.
  18. So basically you are calling every single person in the world who, before they developed symptoms, passed on the virus an idiot? Must be great to be as wise as you.
  19. I think some of the, frankly disturbing, comments on here about a fellow human being who is currently very ill say a lot more about the mental well being of the individual posters themselves. Compassion and empathy for our friends and foes should be automatic at times like these.
  20. Death rate for regular flu 0.1% Death rate for Covid current estimates seem to be 2-3% This is a new virus with zero immunity across the entire planet and if it is allowed to spread freely there will be millions of deaths. I imagine there aren’t many sceptical experts from any respectable sources.
  21. I’m ok. Completely wiped out but ok. No sign of breathing difficulties since the first day where I had a tight chest and pains. Four days of fever and a hacking cough is not fun though. A work colleague had a confirmed case so I can only assume that’s where it came from.
  22. You understand nothing. I’ve just spent the last 4 days fighting off what some people are referring to as the “mild symptoms”. 10 times worse than any flu I’ve ever had and I can easily see how even just that could be enough to kill off OAP’s, never mind the full blown lung ****** that is doing the worst damage.
  23. Ashamed of themselves? As opposed to their true socialist comrades who were elected on the mandate of delivering Brexit but who now want a 2nd referendum? Despite the fact that in many cases their electorate voted overwhelmingly to leave.
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