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House Price Crash Forum


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About stonethecrows

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  1. Conventional 'wisdom' as espoused by some on this thread has said quite a few things can't happen and they subsequently have. What an unholy mess-tragic for those involved and affected on top of everything else.
  2. I don't agree-if we refuse to feed them how can they vote? ~mehehe~ A wise adage: Be good to your kids, they get to pick your care home
  3. Which is why it's called the 'Liquidity Trap'. It is not a new phenomenon and it really won't be any different this time, shame it's taken them so long to realise this fact. Game on deflation..............
  4. I think that would pretty much be it-but you have to pay a 'luxury' premium just to get a reasonable standard of food quality in most cases!
  5. Nah, they get picked when they are still bright green usually then left to sweat in the plastic packaging dougggy mentioned. I have to say I don't buy that many as I grow a lot of my own, however I can understand why ppl would prefer the vine ripened ones if possible. Our local (decidedly unsnobby) greengrocers sell them for not a great deal more than the 'normal' ones so I am not sure why all the fuss to be perfectly honest. When you compare that sort of extra luxury to what your average Mum n Dad Chav spends on beer and tabs I can only assume that those having a go about this are just jealous that they have no such discerning taste or class to speak of.....
  6. Tchh such a phillistine! Everyone knows perfectly well they mean a vine ripened tomato-distinctive difference in flavour I think you will find.
  7. So true. Putting it into context, these are the things this couple saw as luxuries (paid for from their OWN income) that they have now had to forego. Tell me how many 'lifestyle' benefit claimants you all think have cut down on things such as 8 cans of wifebeater per night and 40 Benny Hedgehogs a day, not to mention all the other 'treats' they feel entitled to like a bag of weed or coke a day all paid for by the rest of society?
  8. Ooh that sounds like one of those Viz money saving tips, altho I personally prefer the one about how to fill an old cigar tube with angry wasps to make an inexpensive vibrator.
  9. Shit sorry about that ppl-my phone went berserk. Mods? Nurse? Anybody? Help!
  10. Some may recall i did say a couple of years back that in due course this old chestnut would be trotted out. The book is now open on when either a politician coins this term in the coming months (or alternatively the torygraph just pinches it first directly from this site ). If you are not excited or impressed by the 6bill so far, i am sure what is to follow will have you positively kacking yourselves with euphoria...
  11. "Miss, Miss, b-b-but what about the golllld?". I just knew someone would pipe up with this so I will try to explain things in very simple terms because I think it is the best way to show the wood from the trees. If you think it's a canary in the mine you had better be sure which mine it's whistling from because at this time it sure as fark is not the hyperinflation one. I will let you attempt to work out for yourself which other one it could be getting uptight and outta sight about.... ...as a little clue, you need to be shitting yourself a damn sight more than if we were going into a hyperinflation scenario!!!
  12. Some of my point entirely. Now, taking that a step further factor in the recent drops in sterling and look at those prices in say Euros-the drop is there, it's real and it's huge and its only just getting started. In fact a lot of prices are dropping now in GBP even on the back of sterling as weak as a kitten-it's getting harder by the day to hide behind the illusion of continued positive growth.
  13. Please feel free to name these 'respected economists' and I will try really hard not to laugh too much Oh dear god, no disrespect but where did you get this bowlarks from? the REAL problem See that chart? I suggest you study it a while and it's predecessors. Then when you have fully taken on board the general idea try to exercise your brain a little thinking on this-all that QE and 'increased money supply' you talk of has done what? Kept M4 BARELY in postive territory is what and I assure you that was luck more than judgement and a whole lot of jawboning in the interim. To achieve anything remotely approaching REAL inflation and I don't mean all this pissy bullshite about relative currency fluctuations-inflation that is not!!!-we are talking a great many 'powers of' the amount that has been pumped in up until now. So many 'powers of' in fact that the currency in question would survive the process for maybe a few nanoseconds if you were lucky. I said on this forum a few years ago when the same shower of witless wonders were trying to pitch the case for hyperinflation that risk is going to get repriced in a very big way at some point before this is done and dusted and the effects will be profound and last for maybe a generation or more. As you are now seeing in glorious technicolor in the PIIGS bond markets as just one of the many examples this has shown up in the last 3 years, inflation is not the only trigger for rate rises-ohh, you didn't believe me? OOOPS . The result? If its not as plain as the nose on your face by now, all I can say is shoulda gone to Specsavers mate. A little hint: it's not inflation and it's not even stagflation and it begins with a dirty great D.
  14. Correctomundo. The point is that asset values are collapsing and will continue to do so until there is no and I do mean NO asset class on the planet that will not feel some repurcussive effect of this. The temporary drop in sterling merely serves to create the 'smoke and mirrors' effect which will only mask what is really happening for a short time. The QE efforts have served only to slow the collapse they have not reversed it in the wildest dreams of the central bankers and politicos. Be under no illusion-in this scenario it is a question of who loses the least not who makes any real gains so you had better be REALLY worried if you bet everything on black thinking you need to protect yourself against inflation. Touch cloth time for this particular group of people is VERY close at hand...
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