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House Price Crash Forum


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Everything posted by IMHAL

  1. They will quickly change their minds when they actually do get poorer. Except for Huggy of course...only because he's a bit simple.
  2. Won't take that long for us to realise that we are on that trajectory. I give it to the end of winter. When the black clouds of Covid clear...the Brexit reefs will become all too apparent.
  3. Lets face it, if Britain ain't Brexit broken now, then it's just not quite Brexit broken yet....it's well on the way tho. Brexit dogma has trumped all practicalities. We have ceased to be a nation were logic, reason and balance is in control. It's not all bad.....looking forward to the Next series of Auf Wedersein Pet....oh the irony!!!! (assuming we can get working visas for filming)
  4. It's Ok...... really! Brits like to queue....this is just a pent up demand for that experience . Just don't bother queing outside a dentist....you will grow old and have no teeth left to examine.
  5. There are approx 400,000 lorry drivers in the UK, that is approx 1.5% of the working population which is 30 million strong. Due to a 100k shortage of lorry drivers, ALL 65 million people will have to experience an extra 5% general inflation in food and other goods. This is just crazy, idiotic and pure and utter nonesense.
  6. Brexit is just getting better and better....I can't believe that food and petrol shortages are common place, farming and fishing industries sold down the river, broken supply chains littering the clear vistas... all in a matter of months. I should have nipped down to Tescos to bulk buy popcorn...sadly, the shelves would probably be empty even if I could get there. This must be the sunny Brexit uplands that leavers keep talking about....sounds like down town Skegness in December to me.
  7. I don't think inflation will help many out this time around, unless we get a 1970's style wage spiral, even then many will go to the wall before they get any attention. There is also the fact that the unions are now not as strong as they were back then. Collective bargaining has been broken for the majority.
  8. QE is a drug, a drug used to prevent the pain from over lax lending the decade before. The more you do the more you need to do. It should not have been allowed, we should have taken a good share of the pain in 2008 instead we just took more drugs They may raise rates, but, like the taper of QE, it will a token amount and quicky reversed at the first sign of anything doing badly.
  9. You have made an invalid link between lax monetary policy and the pool of external labour. If that were the case then we wouldn't of had the crash of 89. You can implement lax monetary policy and allow debt to spiral regardless... There is no doubt there is going to be a crash, there always is after a period of excess. The question is are we in a state to survive it and will we come out the other side in a better shape that our competitors. But more importantly, how many personal casualities will there be? We have a population with vast amounts of personal debt. Inflation and rising IR's will see of a great many of these off. If Brexit was a good idea (a big IF), then Brexit (the implementation) is a clusterfck. I really can't see your argument of rising wages and rising condition etc having a sound base because immigration figures are not that much different now than they were before. It's a smoke screen for a poor and ill thought through implementation of a project that seems to have no upside or correct problems that could not have been corrected without the pain.
  10. Tragic in that you don't understand the source of these imbalances. Loose monetary policy allowing asset prices to rise and debt to rise has led to these imbalances. Low wages can service big debts if the term is long enough and IR's low enough. The problem is that when this is no longer the case then your 5% wage rise is not going to cover inflationary increases and it will be dwarfed by the increased debt repayments, That is what this unmanaged cack handed dislocation will do....people will go bust, lots of them.
  11. Brexit is turning into a surreal excercise in self harm. We have ministers justifying why the supply chain should be allowed to continue to fail due to HGV drivers shortage, because "we are over reliant on Europeans". They want local jobs for local people and want to see wages and conditions rise. Yet the reason that pay has to catch up is because of the policy of making one of the essentials of life (housing) too expensive to buy, a delibarate policy. The stupid thing is that almost every aspect of our society is also built on cheap domestic labour. So when the next labour crisis to affect us comes along, what then? Does the government want higher wages for all workers, the gig economy, child care, hospitality etc etc. We are in for a big dose of high inflation, probably with low interest rates and more money printing. This is going to be very painful for the vast majority of ordinary people.
  12. Yes, it is amusing. We are happy to jump into bed with anyone who will have us.....shows how desperate we are. Sad, really sad for the spotty faced trouble making gammons with aires above their station and delusions of grandeur.
  13. Free trade zones are like the notion of 'free markets', they are anything but in reality. Access to our health, energy, farming, food sectors for this, allow people in for that. What's more these so called free trade deals are likely to pass without scrutiny. The politicians can sell access to their hearts and pockets content without the public's consent. That is the reality.
  14. Yes, Lord Hannan came across as deluded, ill informed and out of step with reality. TBF, quite a common set of attributes for a Brexiteer.
  15. Sunak to bring in new measures to reign in borrowing. LOL. Talk about shutting the stable door after the horse has bolted, gone over the next paddock, took a jump, cleared the earths atmosphere and is now making it's way past the kyper belt.
  16. I am happy...Brexit has done more to make the case for remain than remainers could even have done...and whats more...they are getting better and better at it....what's not to be happy about. BTW How's you alternative theory on trade being better as trade friction grows going???? Seems long overdue. Are you having a bit of a mental block??? Perhaps a diaretic/laxative is in order....better out than in I say...just make sure there's adequate drainage. No one appreciates a mess. And BBTW......as for nostaliga..... the foot looked better and was more useful before Brexiteers shot a hole in it. So yes - I yearn for the time when idiots stop telling me to look forward whilst constantly inflicting injuries on themselves and others.
  17. I don't accept that self inflicted damage is about the world changing. It's about stupid people doing what they do best...being idiots.
  18. I am loving Brexit. It just keeps giving. - NIP under threat - Trading with our largest import export partner mired in red tape - Shops bereft of goods - No one to drive lorries or pick fruit and veg - Fishing industry shafted - Farming shafted - Immigration - no change, just a different profile - Dinghies arriving from France at an unprecednted rate causing Brexiteers to have heart attacks - No border controls for inbound goods reducing the competitiveness of British businesses - FTA's with none EU roll-over countries sparse and totally insignificant - Dozens (or should I say ten's hehe) of other issues that I have probably failed to mention because there are too many to mention.... And the list just keeps on growing......hand clap!!....well done Brexiteers...you really know how to fck up a country. Where are the fecking benefits?????????? BTW - did I forget to mention house prices at an all time high...that will be a bit of a bummer for all those disaster economist Brexiteers... And in the interest of balance...we have blue (or black??) passports....if you like blue (or black).
  19. I guess that means less trade with Norway....another Brexit bonus. We are getting quite good at this. Was wartching news night just now and listening to the conservative mp trying to defend the UK's decision not to implement inbound checks....total cop out IMO....the cons are trying really hard to make sure the public don't see the shortages in food/goods that the oven ready deal has caused...by throwing British businesses under the red bus.
  20. True Brits should be easy to spot then...they'll be the ones wearing loin cloths and bear skins.... not seen to many of those around Tesco's lately. I sympathise with your POV tho...I'd like all the people in my village to be from the village...local shops for local people....
  21. Envious to hear that. Here we had to make do with a tent in a farmers field, getting p1ssed on with rain, paying over the odds for all that and for the privilege of eating crap food. Give me Greece anytime.
  22. I don't know what it was like in the EU...but travel advice was a mess here. You'd need your head examining to take the risk of booking a holiday anywhere......and that's how they would like to keep it. Hence why the article is trying to uncouple covid with the rise of stacationing and couple Brexit to it.....covid will go but brexit won't. The article read more like an infomercial.
  23. Let me think. The sunny med or some farmers field getting p1ssed on every day? ........really hard choice that one. When people have no choice they choose what's available.....mainly due to Covid I'd say.
  24. How about your ex wife/partner (condolances BTW), would you send her back on a boat?
  25. I am not arguing that high HP's are good...it's just that governments who preside over a HPC get chucked out. I want lower HP's. But successive governments elected seems to indicate that the majority want the opposite. Otherwise governments would not keep pouring fuel on the fire of HPI...they want to be in power and they give 'the people' what they want....like sugar...it tastes good at the timem but in the long run it caused problems. I agree with all that. The baying for higher wages is simply a symptom to the root cause.
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