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House Price Crash Forum

jimmyjazz

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About jimmyjazz

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    HPC Regular
  1. i know this has been said before but i want to say it again: this is what happens when banks start gambling with their money instead of doing plain old boring banking. i mean societe general and credit suisse might as well have stuck their money on black at the roulette wheel. i also think that the worse this whole mess gets the more likely an attack on iran becomes as that is the only thing they can do to create liquidity in the US economy. i cant prove this from first principles as i dont have the economics training but empirical evidence over the last 7 years shows that every time the
  2. Hi I want to host a domain www.something.org where something is my domain name. i dont need too much fancy stuff. probably will use some php for some simple feedback forms but no back end database is planned . it will be mainly static HTML. the site will be an anti-nu-labour site and hopefully hard hitting. any tips on good deals which include hosting and DNS registration in a complete bundle.
  3. they (Britsh govt /army/ silent majority of the uk population) used Depleted Uranium (a chemical weapon ) on Iraqi humans so what makes you think they will give a toss about animals ?
  4. i wrote this about 6 months ago based on what i was reading here
  5. Can i just put my twopence in, Just as CGNAO has been saying there will be an almighty crash I have been saying for the past few years (under some different usernames) that the only and inevitable response frmo Washington/London to an economic downturn will be another war. This time with Iran. Anyone who fails to see the depressing reality of this cycle of Wall St boom- Wall Street crash - war - Wall Street boom is really burying their heads deep in the sand, just look back at the summer of 2002. we had a MAJOR CRISIS in capitalism that summer with the Enron scandal followed by dozens of ot
  6. you gotta laugh,. 20 years ago you could have bought the entire town for the same money. this is the irish's first property explosion and they have really torn the rear end out of it.
  7. Look what you can rent for just 300 euros a month in Almeria province, Southern Spain. OR THIS IN MARBELLA for the same price
  8. TONY BENN V JOHN BOLTON This is how QT should be
  9. I love reposting this KINDLEBERGER To sum up what he says (he is basing a lot of this on work done by Hyman Minksy : 1) The boom starts when people retreat from one asset and pile into another this is usually caused by some shock to the original asset (a lot of people exited stocks and plowed into houses after the dot.com burst) 2) The boom is then fed by easy credit that enlarges the total money supply and makes speculation possible (more margin !) 3) The increased demand for the asset leads to price rises in the asset and atrracts new investors 4) Positive feedback develops as new m
  10. how can they be pumping money into the markets and hoarding liquidity at the same time :confused:
  11. http://www.rightmove.co.uk/viewdetails-181...11&tr_t=buy Holbrooke Court, Holloway N7, London Offers in Region of £249,995 2 bedroom apartment
  12. ?? This IS a support group. A support group for the dispossessed, the disgruntled and the downright curmudgeonly.
  13. absolutely. But who is to be held responsible ? not me that's for sure :-)
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